Havyard Group AS has sold yet another Havyard 832 design, the 15th of its kind. Yesterday, Vestland Offshore ordered a PSV vessel, with an option for one further delivery. The first vessel to be constructed is of a Havyard 832 L design, whereas the optional ship is of a Havyard 833 design. Both vess
Gujarat state government has revealed its intention to explore, in the upcoming years, the state’s tidal power generation potential, along with solar energy and wind power, in order to pursue huge power generation capacity. This project has already been granted Rs 25 crore. Gujarat Energy Developmen
His Excellency Sultan Ahmed bin Sulayem, Chairman, DP World, underlined the importance of DP World Caucedo in serving the wider Caribbean region as a hub port as he concluded his tour of the company’s marine terminals in South America with a visit to the Dominican Republic terminal. Mr Bin Sulayem w
VBTH holding accepted delivery of dry-cargo vessel “Malachite” of DCV36 project into its operation (building No. QHS-305). The vessel was built by Qingdao Hyundai Shipbuilding Shipyard (Qingdao, China). Unlike previous dry cargo vessels series (RSD44 and RSD49 projects) built for the holding, DCV36
ASCO Group, the world’s leading oil and gas logistics company, has been awarded the contract to build and operate a Marine Supply Base in Darwin, Australia. Work on the $110 million base will commence in April and be completed by the end of 2013. The project is being developed through ASCO’s subsidi
Singapore based Sembcorp Marine reported full year net profit at $752 million amid a volatile and uncertain macroeconomic environment that affected the global markets. Group net profit was 13% lower than in 2010 with earnings per share at 36.13 cents. Return on equity was 30%. Group turnover at $3,9
Kenya’s fourth submarine cable, the Lower Indian Ocean Network (LION2), will go live in April, the CapitalNews noted. The cable was landed in Mombasa in December 2011 and is at this time waiting for connection, the Orange Kenya company informed. Company’s Chief Corporate Communications Officer said
Dr Mark-Ken Erdmann will join Rickmers Holding in Hamburg as Deputy CFO as of 1 July 2012. In this position, he will be responsible for a broad range of corporate functions including Accounting & Controlling, Tax, IT, Human Resources, Legal Affairs, as well as Mergers & Acquisitions. He will report
International FPSO moorings and marine engineering services business, Sigma Offshore, has added new impetus to its growth plans by appointing an experienced industry figure to head up one of its key service areas. Geir Eik has become Vice-President Internal Turret Systems at Aberdeen-headquartered S
In partnership with Northumbrian boat builder, Alnmaritec, BMT Nigel Gee Ltd, a subsidiary of BMT Group Ltd the leading international maritime design and engineering consultancy has recently completed the design and delivery of its 40 knot fast patrol boat design. The vessel is destined for the Arab
Deep Sea Supply announces that the company has been awarded long term contracts with Petrobras for the four vessels Sea Fox, Sea Jackal, Sea Vixen and Sea Stoat. The AHTS vessels will perform duties for Petrobras in Brazil. The contract periods are 4 year firm plus 4 year option for all the vessels.
Deep Sea Supply has secured long term contracts with Petrobras for the four Anchor Handling Tug Supply vessels Sea Fox, Sea Jackal, Sea Vixen and Sea Stoat. The vessels will work for Brazilian oil giant Petrobras. The contract periods are 4 year firm plus 4 year option for all the vessels. Total net
Scotland and England are competing to create hub for $52 billion offshore wind industry. Leith, the port area of the Scottish capital, Edinburgh, and the northeast English coastal town of Hartlepool are striving for an investment worth 150 million-pound ($237 million) from a Spanish wind-turbine mak
Scotland and England are competing to create hub for $52 billion offshore wind industry. Leith, the port area of the Scottish capital, Edinburgh, and the northeast English coastal town of Hartlepool are striving for an investment worth 150 million-pound ($237 million) from a Spanish wind-turbine mak