Costamare Inc. announced yesterday that it has agreed to sell two 1984-built vessels for demolition. At the same time, the Company has agreed to purchase two 1998-built vessels, which will replace the vessels sold in their respective charters. In particular, the Company has agreed the following: – T
Always seeking new ways to enhance safety, the shipping industry is turning to Sweden and the Swedish Maritime Administration to continuously track locations of cruise and cargo vessels sailing European waters. The MONALISA project, led by The Swedish Maritime Administration, has attracted considera
Atwood Oceanics, Inc., announced today that one of its subsidiaries has been awarded a drilling services contract by a subsidiary of Noble Energy Inc. for the Atwood Hunter for three firm wells with a minimum total duration of 150 days plus one option well. The first well will be in a tax-free locat
Polarcus Limited, a pure play marine geophysical company with a pioneering environmental agenda, specializing in high-end towed streamer data acquisition from Pole to Pole has announced the release of its first quarter 2012 financial statements. The first quarter 2012 was characterized by a continua
GBI Research, a leading business intelligence provider, has released its latest research, “Wind Energy Maintenance Market to 2020 – Growth Driven by Increasing Competition between OEMs and ISPs in the Post-Warranty Maintenance Segment”. The report gives an in-depth analysis of the wind energy mainte
SeaHold GEOSHIPS Ltd, a marine and subsea services shipping company, held an open day on board the newest addition to its vessel fleet on 25 April. Formed in 2003, the Aberdeen-based company took delivery of Loch Roag, its second multi purpose support vessel (MPSV), earlier this month on a contract
Polarcus Limited announces the release of its first quarter 2012 financial statements. The first quarter 2012 was characterized by a continuation of the soft market conditions evidenced in the fourth quarter 2011. This was reflected in the low utilization of 76%. Revenues doubled over the same quart
Atwood Oceanics Inc., n international offshore drilling contractor engaged in the drilling and completion of exploratory and developmental oil and gas wells, has been awarded a drilling services contract by a subsidiary of Noble Energy Inc. for the Atwood Hunter for three firm wells with a minimum t
The Naval Sea System Command’s Supervisor of Salvage and Diving (SUPSALV) and Surface Maintenance Engineering Planning Program (SURFMEPP) recently implemented a new process that will help to streamline the recording and brokering of work orders for damage found by divers during Navy ship hull inspec
FPS Hong Kong – one of the founder members of the Famous Pacific Shipping Group forwarding and logistics network – is launching a new direct ocean groupage service to Honolulu, Hawaii that reduces traditional costs and transit times. The new service will commence in late April, and initially offer f
OGX Petróleo e Gás Participações S.A., the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announced today that it has identified the presence of hydrocarbons in carbonate reservoirs in the Albian section of well 1-OGX-79-RJS, in block BM-C-39
Leading specialist subsea services group Acteon has appointed Lester Clark as vice president. Lester has more than 20 years of industry experience and joins Acteon from Baker Hughes, where he was director for drilling systems in the Russia Caspian region. This involved leading a multidisciplinary te
SeaHold GEOSHIPS Ltd, a marine and subsea services shipping company, held an open day on board the newest addition to its vessel fleet yesterday (25 April). Formed in 2003, the Aberdeen-based company took delivery of Loch Roag, its second multi purpose support vessel (MPSV), earlier this month on a
Fairmount Marine’s tug Fairmount Expedition has delivered the semi-submersible drilling rig Scarabeo 6 safely in Rotterdam, the Netherlands, for her dry-dock period at shipyard Keppel-Verolme. The 27 year old Scarabeo 6, owned by Italian offshore company Saipem, was towed from offshore Abu Qir, Egyp
