Oman’s Ministry of Transport and Communications has awarded a commercial bid representing investment of OMR 55 million ($143 million USD) to more than double the Port of Salalah’s general cargo handling capacity. The project will increase dry bulk cargo handling capacity to 20 million tons and liqui
SubC Control unveils new feature to its underwater imagery product range, the 1Cam HD-SDI camera. The 1Cam HD-SDI has all the great features as the original 1Cam, the only difference is the 1Cam HD-SDI outputs live 1080 60p over a single coax. This ultra high quality digital signal is easily transmi
The first Becker Intelligent Monitoring System (BIMS) was recently installed on the new Car Carrier MV Titania of Wilh. Wilhelmsen. BIMS is an innovative development to enhance capabilities of high-performance manoeuvring. The new system is monitoring current forces and torque on the rudder while pr
NOAA’s Fisheries Service is issuing two incidental harassment authorizations to Shell for energy exploration activities in shallow… [mappress] Source: NOAA , May 04, 2012
Germanischer Lloyd (GL) announces the release of the first comprehensive set of classification rules for Crew Boats and Offshore Wind Farm Service Craft. As the energy industry expands and installations are pushed ever further offshore and into more challenging environments, the vessels servicing th
HOCHTIEF went through many challenges in 2011: The Group’s strong operating business with a new record order backlog of almost EUR 49 billion was countered by severe setbacks in two projects and its Habtoor Leighton joint venture (Dubai). The Group was unable to offset them in full and incurred an o
HOCHTIEF went through many challenges in 2011: The Group’s strong operating business with a new record order backlog of almost EUR 49 billion was countered by severe setbacks in two projects and its Habtoor Leighton joint venture (Dubai). The Group was unable to offset them in full and incurred an o
Kongsberg Gruppen (KONGSBERG) reported a solid first quarter in 2012. Q1 operating revenues came to MNOK 3 836, and the EBITA totalled MNOK 482. This resulted in an EBITA margin for the Group of 12.6 per cent, compared with 13.8 per cent in Q1 2011. Earnings per share (EPS) came to NOK 2.66 in Q1 [&
FSL Trust Management Pte. Ltd. (“FSLTM”), as trustee-manager of First Ship Lease Trust (“FSL Trust” or the “Trust”) announced that its product tanker, ‘FSL Hamburg’, will be chartered to Petròleo Brasileiro S.A. (“Petrobras”) on a three-year time charter contract. This will be FSL Trust’s second tim
Unique Maritime Group of UAE, announce that they have recently delivered two Echoscope 3D Sonars to DI-MEDCO, a joint venture between Dredging International and Middle East Dredging Company for the planned shore protection and harbour construction works of two artificial islands. The Echoscope®, pro
seatooth® S100 from WFS Technologies is the latest wireless subsea modem from the WFS seatooth® range, officially launched this week at the Offshore Technology Conference in Houston, Texas. A mobile, compact, low power, wireless modem suitable for a variety of underwater applications with an optiona
Kosmos Energy, an independent oil & gas exploration and production company focused on emerging areas in Africa and South America, yesterday reached a mutual agreement with Sabre Oil & Gas Holdings Ltd. (Sabre) to terminate the acquisition by Kosmos of Sabre’s participating interest in the Deepwater
On May 3, 2012, Austal held a keel-laying ceremony for the third Joint High Speed Vessel (JHSV), one of nine Austal-designed 103-metre US Navy Joint High Speed Vessels under contract with the US Navy. Austal invited Representative Jo Bonner to authenticate the keel. He was assisted by Jeff Cellon wh
E.ON released financial result for 2011. “Despite a difficult business environment, we have made very good progress in implementing our strategy and reorganizing our company. We moved resolutely forward on our consolidation course; the worst adverse effects are behind us. E.ON 2.0, our efficiency-en
