SMD has been honoured with the prestigious Queen’s Award for Enterprise in the International Trade category for its growing presence and success in global markets. This is the second Queen’s Award the company has won in the last two years. In 2011, SMD was presented with the Queen’s Award for Innova
Western Fishers Shipyard has inaugurated on April 19th the construction works of six fishing trawlers at the yard premises in Kolagaon, Patiya. Western Fishers Shipyard Ltd is a JV between Western Marine Shipyard and Fishers Shipyard Limited. Out of the six ships four ships will be owned by JK Group
Wilhelmsen Ships Service (WSS) is launching a revised portfolio with Unitor and Nalfleet product brands as the first part of their strengthened marine chemicals offer today. When this scheme has been fully rolled out it will offer an increased product range, enhanced customer service, specialist sup
Bayfield Energy Holdings plc, an independent oil and gas exploration and production group with production and exploration interests in Trinidad & Tobago, has announced the formal execution of an exploration right over the Pletmos Inshore Block (“Pletmos”) offshore South Africa with an effective date
The Board of Mediterranean Oil & Gas Plc, the central Mediterranean producer, developer and explorer of oil and gas assets, announces update on Guendalina Gas Field production and the processing of 3D seismic data offshore Malta. Production from the Guendalina gas field for the first quarter of 2012
After the Dhiraagu’s announcement about submarine cable repair ship ‘ASEAN Explorer’ getting ready for the repair of the broken cable, the company yesterday announced that the ship is due to arrive in Colombo on 25th April 2012 for the repairs. Dhiraagu is constantly in touch with the ship and worki
Joseph Farrell, Founder and Chief Executive Officer of Resolve Marine Group, Inc., among the world’s foremost maritime emergency and disaster response, salvage and ship wreck recovery companies, says, “Removal of the capsized Costa Concordia cruise ship from the Tuscany coastline is one of the large
Innogy Venture Capital and High-Tech Gründerfonds are going to invest in a first round of financing up to EUR 2.25 million in the start-up company enercast GmbH. The young technology company provides electricity generation forecasts from wind and solar which lead to significant cost savings along th
Innogy Venture Capital and High-Tech Gründerfonds are going to invest in a first round of financing up to EUR 2.25 million in the start-up company enercast GmbH. The young technology company provides electricity generation forecasts from wind and solar which lead to significant cost savings along th
Origin Energy Resources Limited, a 100% owned subsidiary of Origin Energy Limited (Origin), as operator of the BassGas Joint Venture, advises that the Yolla Mid-Life Enhancement (MLE) project has reached a major milestone with the successful lifting and connection of the new accommodation and contro
The CMA CGM Group has decided to strengthen its commercial presence in Dunkirk by adding an extra direct call to Dunkirk port on its EPIC service. CMA CGM is already calling in Dunkirk port with its FAL 7 service between Asia and Europe. As from June 10th 2012, the CMA CGM Group will be offering [&h
Bahamas Petroleum Company confirms that its petroleum exploration licenses state that; “where the licensee applies for renewal and has complied with the Act, Regulations and the terms and conditions contained in this license, the Governor-General shall renew this License for a further period of thre
Fairstar Heavy Transport N.V. (FAIR) has received an unsolicited, conditional, offer from Dockwise to acquire Fairstar shares at a purchase price of NOK 9.3 per share The Joint Supervisory and Management Boards of Fairstar have met this evening and concluded that the conditional offer for Fairstar s
Dong Energy is planning to sell stakes in its offshore wind farms, as it plans to invest 10 billion kroner (USD 1.8 billion) a year in offshore wind, reports Bloomberg. Deputy Chief Executive Officer Morten Buchgreitz said: “You haven’t seen the last sale from Dong Energy of stakes in a wind farm.”
