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Russian Maritime Register of Shipping Opens Support Centre in South Korea
Business & Finance

Russian Maritime Register of Shipping Opens Support Centre in South Korea

Russian Maritime Register of Shipping (RS) has opened a Design and Newbuilding Support Centre in the Republic of Korea. The Centre has been established in line with the RS strategic global expansion plans. It will facilitate further development of RS services in the region. The main objectives of th

about 14 years ago
USA: Vantage Drilling Reports Record Revenues
Business & Finance

USA: Vantage Drilling Reports Record Revenues

Offshore drilling contractor, Vantage Drilling Company, reports a net loss of $9.3 million for the 4th quarter, 2011 as compared to a net loss of $13.0 million for the 4th quarter, 2010. Net loss for the full year, 2011 was $54.8 million, excluding approximately $25.2 million of charges for the earl

about 14 years ago
Wartsila Secures Five-Year Service Agreement with Prestige Cruise Holdings (USA)
Business & Finance

Wartsila Secures Five-Year Service Agreement with Prestige Cruise Holdings (USA)

Wärtsilä , the marine industry’s solutions and services provider, has signed a five-year service agreement with US-based Prestige Cruise Holdings, Inc. (Prestige), the parent company of Oceania Cruises and Regent Seven Seas Cruises. The long-term service agreement covers six vessels, a total of 27 W

about 14 years ago
India: Goa Shipyard Holds Keel Laying Ceremony for New Research Vessel
Business & Finance

India: Goa Shipyard Holds Keel Laying Ceremony for New Research Vessel

Setting the ball rolling for yet another diversification initiative, the keel for the newly designed Fisheries Oceanographic Research Vessel (FORV) was laid on 9 March 2012 at Goa Shipyard Ltd. This is the first in the series of three vessels being built by GSL for the Central Marine Fisheries Insti

about 14 years ago
BP Joins Serica in Luderitz Basin Explorations Offshore Namibia
Business & Finance

BP Joins Serica in Luderitz Basin Explorations Offshore Namibia

Serica Energy plc announces that, subject to the consent of the Ministry of Mines and Energy in Namibia, BP will be joining Serica in the exploration of Licence 0047 offshore Namibia by farming-in to Serica’s interest. The Licence, comprising Blocks 2512A, 2513A, 2513B and 2612A (part), was recently

about 14 years ago
Germany: Newly Formed Shipping Group Blue Star Holding Gets CEO
Business & Finance

Germany: Newly Formed Shipping Group Blue Star Holding Gets CEO

From July 1st 2012 Dr Hermann J. Klein will run the newly formed shipping group as its Chief Executive Officer (CEO). E.R. Schiffahrt, Komrowski Befrachtungskontor and the Komrowski owned Reederei Blue Star are merging their ship management activities under the newly formed Blue Star Holding. The ne

about 14 years ago
India: GSL Lays Keel for Fisheries Oceanographic Research Vessel
Business & Finance

India: GSL Lays Keel for Fisheries Oceanographic Research Vessel

Setting the ball rolling for yet another diversification initiative, the keel for the newly designed Fisheries Oceanographic Research Vessel (FORV) was laid on 9 March 2012 at Goa Shipyard Ltd. This is the first in the series of three vessels being built by GSL for the Central Marine Fisheries Insti

about 14 years ago
Norway: PSA Inspects Preparedness at Snorre A
Business & Finance

Norway: PSA Inspects Preparedness at Snorre A

During the period 8 – 10 November 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of preparedness on Snorre A platform in the North Sea. The objective of the activity was to review and assess the management’s control of and leadership as regards barriers related to preparednes

about 14 years ago
Nord Stream Submits Second Swedish Annual Environmental Monitoring Report
Business & Finance

Nord Stream Submits Second Swedish Annual Environmental Monitoring Report

Nord Stream has submitted the second annual environmental and social monitoring report to the Swedish authorities. The report is part of a series of five planned annual reports relating to the construction and operation of the natural gas pipeline in the Swedish Exclusive Economic Zone (EEZ). Nord S

about 14 years ago
BLT Seeks to Extend Court Order Protection in USA
Business & Finance

BLT Seeks to Extend Court Order Protection in USA

PT Berlian Laju Tanker Tbk announced yesterday that a number of its subsidiaries had obtained orders from the Singapore High Court, under section 210(10) of the Singapore Companies Act preventing its ships from being impounded, while the Group worked with its creditors to achieve a consensual restru

about 14 years ago
USA: IHC Merwede Showcases Its Products at OTC Houston 2012
Business & Finance

USA: IHC Merwede Showcases Its Products at OTC Houston 2012

IHC Merwede will exhibit a broad range of its innovative vessels, advanced equipment and lifecycle support activities on stand number 2625 at the forthcoming Offshore Technology Conference (OTC) 2012, which runs from 30 April to 3 May in Houston, USA. As a reliable supplier of custom-built vessels a

about 14 years ago
Namibia: Polarcus Nadia to Conduct 3D Survey in Serica’s Luderitz Basin Blocks
Business & Finance

Namibia: Polarcus Nadia to Conduct 3D Survey in Serica’s Luderitz Basin Blocks

Serica Energy plc announces that, it has signed a contract with Polarcus Seismic Limited utilising the 10-streamer vessel Polarcus Nadia for an extensive 3D seismic acquisition survey in Serica’s Luderitz Basin Blocks 2512A, 2513A, 2513B and 2612A (part), located offshore Namibia. The survey, planne

about 14 years ago
IHC to Showcase Vessels and Equipment at OTC 2012 (USA)
Business & Finance

IHC to Showcase Vessels and Equipment at OTC 2012 (USA)

IHC Merwede will exhibit a broad range of its innovative vessels, advanced equipment and life-cycle support activities on stand number 2625 at the forthcoming Offshore Technology Conference (OTC) 2012, which runs from 30 April to 3 May in Houston, USA. As a reliable supplier of custom-built vessels

about 14 years ago
Interconnectors to Assist in Balancing UK’s Electricity System
Business & Finance

Interconnectors to Assist in Balancing UK’s Electricity System

Construction of electricity links between Britain and its surrounding markets could be perceived as a solution for exporting excess electricity that is hard to predict and cannot be stored, a manager at National Grid stated according to Reuters. In cases when renewable energy production, such as win

about 14 years ago
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