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CMA CGM Announces Tripartite Agreement on Asia – Middle East Line
Business & Finance

CMA CGM Announces Tripartite Agreement on Asia – Middle East Line

As part of this agreement with CSCL and UASC, CMA CGM announces the reorganisation of its CIMEX 1 service on the Asia-Middle East market as from February 2nd 2012. The new CIMEX 1 service will be operated jointly by CMA CGM, CSCL and UASC with 7 vessels of a capacity ranging from 12,500 to 14,400 [&

about 14 years ago
Norway: Seabed Purchases Schilling Robotics’ HD ROV
Business & Finance

Norway: Seabed Purchases Schilling Robotics’ HD ROV

Schilling Robotics, LLC, experts in subsea systems, announced the delivery of a new HD™ ROV system to underwater technology firm Seabed. The order was for HD 23, which is a 150hp, 4,000m-rated ROV system and was delivered in December 2011. “We are very proud to have added Seabed AS to our expanding

about 14 years ago
Norway: Statoil Divests Gassled Stake
Business & Finance

Norway: Statoil Divests Gassled Stake

The divestment of 24.1% of the Gassled shares from Statoil ASA to the consortium Solveig Gas Norway AS is now completed. Solveig Gas Norway AS is a holding company that is approximately 40% owned by Canada Pension Plan Investment Board, 30% by Allianz Capital Partners (a subsidiary of Allianz SE), a

about 14 years ago
USA: Collins Engineers Donates Phantom-300 ROV to UW-Milwaukee
Business & Finance

USA: Collins Engineers Donates Phantom-300 ROV to UW-Milwaukee

With the goal of enriching students’ educational experiences and enhancing the research capabilities of marine scientists on the Great Lakes, Collins Engineers, Inc. (Collins) has donated a Phantom-300 remotely operated vehicle (ROV) to the University of Wisconsin—Milwaukee School of Freshwater Scie

about 14 years ago
Norway: Veripos Provides Positioning Services for Siem Meling PSV Fleet
Business & Finance

Norway: Veripos Provides Positioning Services for Siem Meling PSV Fleet

VERIPOS has recently secured an extension of its contract with Siem Meling Offshore DA, the Stavanger-based specialist shipping concern jointly owned by Siem Offshore and OH Meling. The three year contract extension is for the continued provision of precision GNSS positioning facilities to support S

about 14 years ago
US Navy Receives Two High Speed Vessels
Business & Finance

US Navy Receives Two High Speed Vessels

The U.S. Department of Transportation’s Maritime Administration has transferred two high speed vessels, the Huakai and the Alakai, to the U.S. Navy. The Navy plans to use the vessels to transport troops and equipment to training areas from Okinawa and other locations. These vessels will help the Nav

about 14 years ago
The Netherlands: Boskalis Awards IHC Engineering Business with Carousel Contract
Business & Finance

The Netherlands: Boskalis Awards IHC Engineering Business with Carousel Contract

IHC Engineering Business, part of IHC Merwede and leading supplier of innovative, high performance lay systems, has acquired an order from Royal Boskalis Westminster N.V. for a 5,000t capacity basket carousel cable lay system. This is the first in a series of major cable and pipelay orders that IHC

about 14 years ago
USA: Deep Down Inc. Receives Subsea Equipment Orders
Business & Finance

USA: Deep Down Inc. Receives Subsea Equipment Orders

Deep Down, Inc. , an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced it has been awarded multiple contracts for subsea hardware and deployment equipment orders worth in excess of $2.6 million. Two or

about 14 years ago
UAE: Complicated Rig Transport for Blue Water
Business & Finance

UAE: Complicated Rig Transport for Blue Water

Extensive experience and skills are the reasons why Blue Water Shipping has been awarded this complicated rig transport to the Caspian Sea. Over the years, Blue Water Shipping has become one of the major players within the transport of giant constructions to the Caspian Sea through the Russian river

about 14 years ago
USA: Deep Down Secures New Subsea Equipment Orders
Business & Finance

USA: Deep Down Secures New Subsea Equipment Orders

Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced it has been awarded multiple contracts for subsea hardware and deployment equipment orders worth in excess of $2.6 million. Two ord

about 14 years ago
USA: Cal Dive Wins Decommissioning Contract in GoM
Business & Finance

USA: Cal Dive Wins Decommissioning Contract in GoM

Cal Dive International, Inc. announced that it has been awarded a Field Abandonment and Decommissioning Contract from an operator in the Gulf of Mexico which includes the abandonment of sixteen wells, seven pipelines, and the removal of eight structures. The contract is expected to generate total re

about 14 years ago
A.P. Moller – Maersk Group Appoints Promoter for Africa Expansion
Business & Finance

A.P. Moller – Maersk Group Appoints Promoter for Africa Expansion

Senior Vice President Lars Reno Jakobsen has been appointed as promoter and coordinator of the A.P. Moller – Maersk Group’s business expansion on the African continent with particular focus on the Sub-Sahara. The position is new and part of the Group’s efforts to expand business in growth markets in

about 14 years ago
USA: ExxonMobil’s 4Q Earnings Rise 2 pct
Business & Finance

USA: ExxonMobil’s 4Q Earnings Rise 2 pct

ExxonMobil, an American multinational oil and gas corporation and one of the largest companies in the world by market value, today announced earnings of $9,400 million for the 4th quarter 2011, an increase of 2% or $150 million from the fourth quarter of 2010. Upstream earnings were $8,829 million,

about 14 years ago
Japan: Nissan Unveils Its First Energy-Efficient Coastal Car Carrier
Business & Finance

Japan: Nissan Unveils Its First Energy-Efficient Coastal Car Carrier

Nissan Motor Co., Ltd unveiled the Nichioh Maru, an energy efficient coastal car carrier which will transport completed vehicles and parts on one of Japan’s main maritime shipping routes. The Nichioh Maru, newly built by Shin Kurushima Dockyard Co., Ltd., has installed solar power panels for the fir

about 14 years ago
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