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New Zealand: Barge Smith Borneo Recommences Salvage Operations on Rena
Business & Finance

New Zealand: Barge Smith Borneo Recommences Salvage Operations on Rena

Following recent deterioration of the front and rear sections of the wreck due to heavy weather Maritime New Zealand is continuing to closely monitor the condition of the Rena. The crane barge Smith Borneo is secured on the starboard side of the Rena wreck and waiting to recommence salvage operation

about 14 years ago
UK: Ithaca Energy Agrees to Take Over Carna Operatorship
Business & Finance

UK: Ithaca Energy Agrees to Take Over Carna Operatorship

Ithaca Energy Inc. has agreed to take over operatorship and increase its working interest in the Carna discovery, located in the Southern Gas Basin of the UK North Sea. The transaction with Centrica North Sea Gas Limite increases the Company’s working interest in the Carna discovery to a material le

about 14 years ago
The Netherlands: MARIN Inaugurates Unique Depressurised Wave Basin
Business & Finance

The Netherlands: MARIN Inaugurates Unique Depressurised Wave Basin

MARIN’s unique Depressurised Wave Basin (DWB) was officially inaugurated on March 19 by Maxime Verhagen, the Dutch Minister of Economic Affairs, Agriculture and Innovation. Representing the combination of a depressurised towing tank with a wave maker, the DWB creates a world first. The inauguration

about 14 years ago
UK: WGP Sets Standard for ISO Policy Integration
Business & Finance

UK: WGP Sets Standard for ISO Policy Integration

WGP has continued their flawless pass rate by exceling in their annual BS EN 9001:2008 and BS EN ISO 14001:2004 external audits in recognition of its well maintained and organised Quality and Environmental Management Systems. This achievement stresses company’s commitment to the quality of the servi

about 14 years ago
Eni Makes Another Big Gas Discovery Offshore Mozambique
Business & Finance

Eni Makes Another Big Gas Discovery Offshore Mozambique

Eni has made a new giant natural gas discovery in Area 4, offshore Mozambique, at the Mamba North East 1 exploration prospect. The results of this well, drilled in the Eastern part of Area 4, are of special importance since they increase the resource base of Area 4 by at least 10 trillion cubic [&he

about 14 years ago
The Netherlands: MARIN Inaugurates World’s First Depressurised Wave Basin
Business & Finance

The Netherlands: MARIN Inaugurates World’s First Depressurised Wave Basin

MARIN’s unique Depressurised Wave Basin (DWB) was officially inaugurated on March 19 by Maxime Verhagen, the Dutch Minister of Economic Affairs, Agriculture and Innovation. Representing the combination of a depressurised towing tank with a wave maker, the DWB creates a world first. The inauguration

about 14 years ago
Sevan Brasil Stops at Maldives on Its Way to Brazil
Business & Finance

Sevan Brasil Stops at Maldives on Its Way to Brazil

One of our readers, Mr. Thashkeer Mawjood, has sent us some photos taken today of Sevan Brasil Ultra Deepwater drilling rig, passing by the Maldives’ capital and the largest city Malé. The rig, of not so typical, cylindrical design, is on its way to Brazil where it will start work for the South Amer

about 14 years ago
Telstra Deploys Infinera’s Coherent DTN Solution for Subsea Network in Asia Pacific
Business & Finance

Telstra Deploys Infinera’s Coherent DTN Solution for Subsea Network in Asia Pacific

Infinera announced that Telstra International (Telstra), a leading global supplier of managed network and hosting services, has become Infinera’s 100th customer and has deployed Infinera’s 40 gigabits per second (Gbps) DTN solution for its optical subsea network in Asia. The deployment spans approxi

about 14 years ago
Australia: Incat Crowther Announces Launch of New Catamaran Ferry
Business & Finance

Australia: Incat Crowther Announces Launch of New Catamaran Ferry

Incat Crowther announced the launch of 24m catamaran ferry Freedom Sovereign. Launched by Aluminium Marine in Queensland, Australia, Freedom Sovereign is a near sister ship to Fantasea Sunrise, launched last year. Freedom Sovereign has been delivered to Freedom Fast Cats, who have had considerable s

about 14 years ago
Latvian Shipping Company Publishes Chartering Rates of Its Ships
Business & Finance

Latvian Shipping Company Publishes Chartering Rates of Its Ships

For the first time, JSC Latvian Shipping Company (LSC) has published the chartering rates achieved by the LSC fleet. The current management has succeeded in increasing charter rates in 2011 when compared with rates achieved in 2010 under the previous management. Paul Thomas, member of the Management

about 14 years ago
Italy: SMIT Salvage Diving Team Completes Removal of Fuel from Costa Concordia
Business & Finance

Italy: SMIT Salvage Diving Team Completes Removal of Fuel from Costa Concordia

On 24th March SMIT Salvage successfully completed its assignment on the removal of fuel from the Costa Concordia. Over the last couple of days, the SMIT Salvage diving team was transferring HFO from the last settling tank in the engine room. Early this morning, the last tanks were completed, closed

about 14 years ago
APM Terminals Sees Growth Opportunities in East Africa
Business & Finance

APM Terminals Sees Growth Opportunities in East Africa

APM Terminals’ annual Africa-Middle East Region’s Leadership meeting was held in the Kenyan Indian Ocean port city of Mombasa to emphasize a new direction for expansion of the APM Terminals Global Port, Terminal and Inland Services Network: East Africa. “There are great business and growth opportuni

about 14 years ago
UK: BP Starts Drilling at North Uist Prospect
Business & Finance

UK: BP Starts Drilling at North Uist Prospect

The drilling operation will be undertaken by BP Exploration Operating Company Limited using the Stena Carron drilling rig. The other joint venture partners are CIECO Exploration and Production (UK) Limited, Idemitsu Petroleum UK Ltd, Nexen Petroleum U.K. Limited and Faroe Petroleum

about 14 years ago
Denmark: Mekanord to Provide Gearboxes for Rolls Royce’s New Cargo Vessels
Business & Finance

Denmark: Mekanord to Provide Gearboxes for Rolls Royce’s New Cargo Vessels

Gearboxes from Mekanord form an integral part of propulsion solutions from Rolls Royce for several new vessels. Mekanord is e.g. supplying Rolls Royce with gearboxes for two newly developed, gas powered cargo vessels. The two cargo vessels are based on the award-winning “Environship Concept” from Ro

about 14 years ago
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