In the afternoon of February 18, 2012, Mr. Qiu Shuquan, Director/Vice General Manager of Afai Southern, and Mr. Richard, Contracting Manager of Damen Group, signed a shipbuilding contract of one 36m aluminum alloy ferry in Guangzhou. This vessel is the first one of DFF3609 project, will be propelled
Sonardyne International has completed the expansion of its Aberdeen office to meet unprecedented demand from their European customer base. The Company has acquired premises adjoining their existing offices in the Bridge of Don, increasing the space available by a third for customer training, equipme
Karoon Gas Australia Ltd’s 2012 drilling campaign is expected to commence during the first week of March 2012 when the “Transocean Legend” drilling rig is mobilised by the Karoon/ConocoPhillips Joint Venture from the port of Dampier. A minimum of five wells will be drilled during the exploration pro
Helix Energy Solutions Group, Inc. reported net income of $16.8 million, or $0.16 per diluted share, for the fourth quarter of 2011 compared with a net loss of $49.8 million, or $(0.48) per diluted share, for the same period in 2010, and net income of $46.0 million, or $0.43 per diluted share, in th
China Merchants Energy Shipping has revealed the intention to increase its competitiveness by purchasing 10 new VLCCs. Even though the oil tanker market is currently slow, Li Jian Hong, Chairman of China Merchants, is confident that this is the right moment for deriving a benefit from present low ne
Alexey Miller, Chairman of the Gazprom Management Committee reported today to Russian President Dmitry Medvedev on the progress with the South Stream project. “It is a very timely project. Besides the evident growth in gas transit reliability, it will considerably enhance our capabilities to flexibl
Globus Maritime Limited, a dry bulk shipping company, announced yesterday that the M/V Star Globe, a 2010-built 56,867 DWT Supramax bulk carrier, was arrested in Panama by a bunker supplier who had not been paid by Allied Maritime Inc., the previous charterer of the Vessel. To secure the Vessel’s re
Navig8 and Gulf Navigation announce that Gulf Navigation have agreed to enter the 2007 built VLCC “Gulf Sheba” into the VL8 Pool, managed by Navig8. In addition to the inclusion of the Gulf Sheba in the pool, Gulf Navigation will also participate in Chartering and Business Development activities inv
A groundbreaking new vehicle that will enable subsea inspection of remote and challenging locations in the offshore oil and gas industry, including areas under ice and areas damaged by hurricanes, will come under the microscope at the Subsea Australasia Conference. The Autonomous Inspection Vehicle
Offshore Energy, Exhibition & Conference, introduces the Offshore Wind Zone at the fifth edition of the event, taking place on Tuesday 23 and Wednesday 24 October 2012, Amsterdam RAI, The Netherlands. Offshore Energy is the only annual event in The Netherlands dedicated to offshore energy, and the f
Coastal Energy Company, an independent exploration and production company with assets in Thailand, announces an update of its offshore operations. The company has drilled two additional producing wells and one water injection well at Bua Ban North. One of the producing wells was drilled horizontally
TOKYO-Mitsui O.S.K. Lines, Ltd. today announced that the MOL-operated containership MOL Maneuver collided with the containership Zhen He while under way on the open seas southeast of Hong Kong, on February 22, 2012, at around 17:45 p.m., Japan time. None of the crew was injured and no oil leak has b
Nautilus Minerals Inc confirms it has received formal notification that Teck Resources Limited has elected not to participate in exploration activities in Fijian waters under a regional area of interest agreement signed in December 2007. In August 2011 Nautilus became the first private sector organi
The Danish Nature Agency, the Danish Maritime Authority and the Danish Shipowners’ Association organize conference on ships’ ballast water managemen. The Copenhagen International Ballast Water Management Conference, which is to be held on 8 March 2012, will focus on the challenges arising with the c
