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China: Launching of MPV NORDANA at Taizhou Sanfu Shipyard
Business & Finance

China: Launching of MPV NORDANA at Taizhou Sanfu Shipyard

Taizhou Sanfu Shipyard (Sanfu) recently launched 12.000 DWT MPV NORDANA (Hull No.SF100102) built for Danish owner. The vessel is built out of the certified steel as a single screw with main deck,forecastle,bulbs bow and equipped with two 150t Cranes,one unit of main engine Mak6M43, 5400KW and classe

about 14 years ago
USA: Dril-Quip 1Q Net Income Up
Business & Finance

USA: Dril-Quip 1Q Net Income Up

Dril-Quip, a U.S. based company that designs, manufactures and sells drilling and production equipment today announced net income of $28.8 million, for the quarter ended March 31, 2012, compared to net income of $21.7 million for the first quarter of 2011. Total revenues were $177.1 million during t

about 14 years ago
SCI Receives Last of Six Bulk Carriers Ordered at STX Dalian, China
Business & Finance

SCI Receives Last of Six Bulk Carriers Ordered at STX Dalian, China

The Shipping Corporation of India Ltd. (SCI) accepted delivery of a Supramax Bulk carrier, m.v. Vishva Diksha on 02nd May, 2012. The vessel is the last vessel of SCI’s six nos. Supramax bulk carriers ordered at STX (Dalian) Shipbuilding Co. Ltd., China, which is part of the world renowned STX Offsho

about 14 years ago
USA: Nexen’s Kakuna Well Fails to Impress
Business & Finance

USA: Nexen’s Kakuna Well Fails to Impress

Nexen Inc. today reported that drilling operations are complete on the Kakuna sub-salt exploration well on Green Canyon block 504 located approximately 180 miles southwest of New Orleans in deepwater Gulf of Mexico. The well did not encounter commercial hydrocarbons, and is now in the process of bei

about 14 years ago
Japan: Imabari Shipbuilding – Energy Efficient Superstructure
Business & Finance

Japan: Imabari Shipbuilding – Energy Efficient Superstructure

Imabari Shipbuilding has developed the Aero-Citadel, a newly designed superstructure which brings to realization both energy efficiency and anti-piracy measures. Energy efficiency The Aero-Citadel is a superstructure with slimly streamlined shape which combines ship’s accommodation, engine room , an

about 14 years ago
USA: AWT, Transas Marine Announce Integration of On-Board Routing and Navigation Systems
Business & Finance

USA: AWT, Transas Marine Announce Integration of On-Board Routing and Navigation Systems

Applied Weather Technology, Inc. (AWT) and Transas Marine today announced an integration of two key on-board tools – AWT’s BonVoyage System (BVS), the world’s most popular on-board weather routing system, with Transas’ market-leading Electronic Chart Display Navigation System (ECDIS) – to help Capta

about 14 years ago
Ithaca in Takeover Talks (UK)
Business & Finance

Ithaca in Takeover Talks (UK)

Ithaca Energy, a North Sea focused oil and gas exploration, development and production company, announced on March 1, 2012, that it had received unsolicited interest from a number of third parties. The company, with offices in Canada and UK, also advised that the Board of Ithaca concluded that it wa

about 14 years ago
Multi-Purpose Tug Husky Completes Work at Sheringham Shoal Offshore Windfarm
Business & Finance

Multi-Purpose Tug Husky Completes Work at Sheringham Shoal Offshore Windfarm

The twin-screw tug Husky, owned by Island Shipping is en route from Norfolk to her home port of Wicklow following over 300 days of successful charter on Sheringham Shoal Offshore Windfarm. The multi-purpose, shallow draft tug has provided logistical support to and from the offshore windfarm. The oth

about 14 years ago
EnerMech Supplies Valves to McDermott for KJO’s Project Offshore Saudi Arabia
Business & Finance

EnerMech Supplies Valves to McDermott for KJO’s Project Offshore Saudi Arabia

Mechanical engineering company, EnerMech, has been awarded a valves management project by McDermott Arabia Company Limited (MACL) in support of its work on behalf of Khafji Joint Operations (KJO). EnerMech will supply all valve requirements for MACL as it undertakes the engineering, procurement, fab

about 14 years ago
Turkish Shipyard Sefine Puts Into Operation Special Vessel ‘Zaher I’
Business & Finance

Turkish Shipyard Sefine Puts Into Operation Special Vessel ‘Zaher I’

On April 23, 2012 Turkish shipyard Sefine (Yalova) put into operation special vessel for livestock transportation with deadweight is of 6772 tons. The Vessel named Zaher I, of project LSC04, was designed by the Marine Engineering Bureau. The vessel is assigned for transportation of livestock (about

about 14 years ago
EnerMech Supplies Valves for McDermott’s Project Offshore Saudi Arabia
Business & Finance

EnerMech Supplies Valves for McDermott’s Project Offshore Saudi Arabia

Mechanical engineering company, EnerMech, has been awarded a valves management project by McDermott Arabia Company Limited (MACL) in support of its work on behalf of Khafji Joint Operations (KJO). Khafji Ratawi Water Injection Facilities project includes engineering, procurement, fabrication and ins

about 14 years ago
Sweden: Floatel – New Bond Issue for New Build Program
Business & Finance

Sweden: Floatel – New Bond Issue for New Build Program

Floatel International Ltd is contemplating the issuance of up to a USD 200 million equivalent bond issue in the Norwegian bond market. The proceeds from the bond issue will be used to finance the Company’s new build program for accommodation vessels at Keppel FELS Limited, Singapore. Floatel Interna

about 14 years ago
China: COSL’s HYSY720 Marks Major Achievement in 3D Seismic Data Collection
Business & Finance

China: COSL’s HYSY720 Marks Major Achievement in 3D Seismic Data Collection

Recently, the accumulated 3D seismic data collection volume of HYSY720, a seismic vessel fleet of China Oilfield Services Limited (“COSL”), has surpassed the 10,000 km2 level to reach 10,010.415 km2. This marks another major achievement for HYSY720 following the previous record-breaking performance

about 14 years ago
Greece: Vizada, SRH Marine Electronics to Equip Danaos Shipping Fleet
Business & Finance

Greece: Vizada, SRH Marine Electronics to Equip Danaos Shipping Fleet

Vizada, the leading provider of global satellite-based mobility services recently acquired by Astrium, and Vizada Elite Partner SRH Marine Electronics S.A. have signed a 24-month agreement with Danaos Shipping Co. Ltd to equip the company’s fleet of vessels with a full broadband communications syste

about 14 years ago
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