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Capesize Vessel ‘Star Polaris’ Sustains Damage in Turkish Port
Business & Finance

Capesize Vessel ‘Star Polaris’ Sustains Damage in Turkish Port

Star Bulk Carriers Corp. yesterday announced that one of its vessels, the STAR POLARIS, sustained bottom damage when entering the port of Eregli, Turkey. Following a survey of the damages, the vessel proceeded for permanent repairs to Daewoo Mangalia shipyard in Romania. The repairs are expected to

about 14 years ago
Rolldock Orders Two Heavy-lift Ships from FSG, Germany
Business & Finance

Rolldock Orders Two Heavy-lift Ships from FSG, Germany

Flensburger Schiffbau-Gesellschaft (FSG) has won an order from the Rolldock concern in the Netherlands for two identical newbuildings for the flexible and challenging transport of high value project loads. The ship design permits load handling using three different methods – a precondition for top-l

about 14 years ago
Australia: BMT JFA Consultants Provides Services for Southdown Magnetite Project
Business & Finance

Australia: BMT JFA Consultants Provides Services for Southdown Magnetite Project

BMT JFA Consultants, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has successfully completed a series of long term engineering consultancy services for the Southdown Magnetite Project, culminating in a major marine works Feasi

about 14 years ago
Wind Energy Investments in North America to Reach USD 145 Billion by 2017
Business & Finance

Wind Energy Investments in North America to Reach USD 145 Billion by 2017

Although the North American wind energy industry lags in key areas compared to Europe and Asia, falling costs and larger, more efficient turbines are helping give rise to a sense of cautious optimism. Home to the second largest wind market in the world – the United States – the region saw a total of

about 14 years ago
UK: OSIL Secures Order for Vibrocorer System for Seabed Studies
Business & Finance

UK: OSIL Secures Order for Vibrocorer System for Seabed Studies

OSIL have recently completed an order for a specialist 9m High Power Vibrocorer system for seabed studies, and two turbidity monitoring buoys for a highly technical and high profile company, based in the Middle East. The sealed Vibrocorer head housing for the motors is designed to operate in water d

about 14 years ago
Australia: Incat Crowther Launches 24m Catamaran Ferry
Business & Finance

Australia: Incat Crowther Launches 24m Catamaran Ferry

Incat Crowther announces the launch of a 24m Catamaran Ferry constructed by Marine Engineering Consultants. Based on the successful Fantasea Sunrise (launched in 2011), Riverside Avalon is the first of three vessels contracted by Riverside Marine to ferry construction workers to the QCLNG project on

about 14 years ago
Indonesia: Premier Reports Successful Well Testing
Business & Finance

Indonesia: Premier Reports Successful Well Testing

Premier Oil announces that the Lama formation within the Anoa field on Natuna Sea Block A (Indonesia) has been successfully tested. The WL-5 development well on Natuna Sea Block A was deepened to a total depth of 11,012 feet to investigate the exploration potential of the Lama Formation within the A

about 14 years ago
France: NAVALU Announces New Model of Wind Farm Service Cats
Business & Finance

France: NAVALU Announces New Model of Wind Farm Service Cats

French Builder NAVALU, located on the French Atlantic Coast, in the Vendée region, announces that it has added a new model, designated the NxS 18, to it’s NxS range of multiservice catamarans of now 15 metres, 18 metres, and 24 metres. Navalu has already received what is believed to be the first ord

about 14 years ago
UK: Fendercare Marine’s Diving Services Receive BV Certificate of Approval
Business & Finance

UK: Fendercare Marine’s Diving Services Receive BV Certificate of Approval

Fendercare Marine’s diving services announce that they have recently been awarded Bureau Veritas approval to carry out in-water surveys. “Receiving this approval confirms our commitment to safe and sustainable procedures” comment Bob Macmillan Fendercare’s Diving Services Director. “it is a vote of

about 14 years ago
UK: Offshore Wind Coordination to Reduce Cost of Offshore Links up to 3.5 bln
Business & Finance

UK: Offshore Wind Coordination to Reduce Cost of Offshore Links up to 3.5 bln

Energy regulator Ofgem and the Department of Energy and Climate Change (DECC) have published a report showing how more coordination in the development of offshore links and infrastructure can be achieved. In tandem, Ofgem has launched a consultation on potential changes to the regulatory regime for

about 14 years ago
Brazil: Petrobras to Extend Charter for AHTS Vessel ‘Siem Ruby’
Business & Finance

Brazil: Petrobras to Extend Charter for AHTS Vessel ‘Siem Ruby’

The Petrobras Board of Directors has resolved to charter one additional of Siem Offshore’s AHTS vessels, the “Siem Ruby”, for a firm period of four years. Petrobras has an option to extend the charters for four additional years, upon terms to be mutually agreed. The contract value for the firm perio

about 14 years ago
Bermuda: Frontline Sells Suezmax Tanker Front Alfa
Business & Finance

Bermuda: Frontline Sells Suezmax Tanker Front Alfa

Frontline Ltd. has entered into an agreement to sell its 1993-built double hull Suezmax tanker Front Alfa. Delivery to the buyer is expected to take place in late March 2012 and the vessel will cease to operate in the tanker market. All debt pertaining to the vessel, approximately $13 million, was p

about 14 years ago
Babcock to Provide Support for Royal Australian Navy’s Anzac Class Frigates
Business & Finance

Babcock to Provide Support for Royal Australian Navy’s Anzac Class Frigates

Babcock International Group, in partnership with UGL Infrastructure, has been announced as the preferred tenderer for the Anzac Ship Group Maintenance Contract (GMC) in Australia. The GMC will provide support to the Royal Australian Navy’s eight Anzac class frigates. The contract is expected to be v

about 14 years ago
Norway: Lundin Buys Brynhild Stake from Talisman
Business & Finance

Norway: Lundin Buys Brynhild Stake from Talisman

Lundin Petroleum AB has entered into an agreement with Talisman Energy Norge AS to acquire an additional 30 percent interest in PL148 containing the Brynhild field (previously knowns as Nemo), offshore Norway. Following the acquisition, Lundin Petroleum will hold a 100 percent interest in PL148. In

about 14 years ago
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