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OSM Singapore Sign Management Agreement for Panamax ‘GNG Concord 1’
Business & Finance

OSM Singapore Sign Management Agreement for Panamax ‘GNG Concord 1’

GNG Ocean Shipping Co has signed a management agreement with OSM Singapore for the management of their first newbuilding Panamax «GNG Concord 1». The vessel is to be delivered April 2012. GNG is a well reputable shipowning company at Guangzhou and OSM takes a lot of pride to establish cooperation wi

about 14 years ago
Norway: Aker Solutions Delivers Subsea Templates for Skuld Fast-Track Development
Business & Finance

Norway: Aker Solutions Delivers Subsea Templates for Skuld Fast-Track Development

Last week, two of the three subsea templates for Statoil’s Skuld fast-track development were shipped out of Aker Solutions’ yard in Egersund, Norway. The two identical templates are being delivered on budget and on time, in line with Statoil’s standardization objectives to reduce cost levels as well

about 14 years ago
Bulker ‘Global Legacy’ Stranded at Pohang, South Korea
Business & Finance

Bulker ‘Global Legacy’ Stranded at Pohang, South Korea

On 19th January, 2012, Bulker “Global Legacy” operated by NYK Global Bulk Corporation which is subsidiary of NYK Line stranded at Pohang, Korea. She has anchored at Pohang waiting for cargo. She dragged and hit break water due to strong wind. After hitting break water, she stranded at about 100meter

about 14 years ago
Norway: Aker Solutions Ships Out Subsea Templates for Skuld
Business & Finance

Norway: Aker Solutions Ships Out Subsea Templates for Skuld

Last week, two of the three subsea templates for Statoil’s Skuld fast-track development were shipped out of Aker Solutions’ yard in Egersund, Norway. The two identical templates are being delivered on budget and on time, in line with Statoil’s standardization objectives to reduce cost levels as well

about 14 years ago
Russia: Gazprom Accelerates South Stream Construction
Business & Finance

Russia: Gazprom Accelerates South Stream Construction

Alexey Miller, Chairman of the Gazprom Management Committee moderated a meeting at the Company’s headquarters. The meeting was focused on the South Stream project implementation. Pursuant to the assignment by Vladimir Putin, Prime Minister of the Russian Federation, a decision was made to significan

about 14 years ago
JACCAR Holdings Acquires More Than 25 pct of BOURBON (France)
Business & Finance

JACCAR Holdings Acquires More Than 25 pct of BOURBON (France)

BOURBON was informed on 20th January that JACCAR Holdings SA had acquired 945 000 additional shares in BOURBON. The participation of JACCAR Holdings SA in BOURBON thus passes from 24.6% to 26.04% of the capital and 25.7% to 27.12% of the voting rights. Commenting on its rising above the 25% threshol

about 14 years ago
Dolphin Reaches Agreement with Petrosen for 3D Multi-Client Survey Offshore Senegal
Business & Finance

Dolphin Reaches Agreement with Petrosen for 3D Multi-Client Survey Offshore Senegal

Dolphin Geophysical has reached final agreement with Petrosen to commence acquisition of a 3D Multi-Client survey covering nearly 3,600 km(2) offshore Senegal. The survey will commence early March and is highly funded by industry. Dolphin already has 2D seismic data over this area, acquired in 2011

about 14 years ago
USA: GoM Records High Demand for Specialised Offshore Vessels
Business & Finance

USA: GoM Records High Demand for Specialised Offshore Vessels

Infield Systems have made a report on the offshore construction activity demand in order to recognize key regions and gauge supply developments stressing the possibility for activity increase due to the arrival of transcontinental pipelines and the deepwater tie-in of various satellite wells matched

about 14 years ago
Australia: Strategic Marine Completes Construction of Work Barge ‘Alamo’
Business & Finance

Australia: Strategic Marine Completes Construction of Work Barge ‘Alamo’

Strategic Marine has completed works on a state-of-the-art 27 metre work barge which will be delivered to the Port of Dampier to service the burgeoning resources sector. The barge named ‘Alamo’ has been built for Karratha business Offshore Plant Hire and will be chartered to marine operations compan

about 14 years ago
Lithuania Port of Klaipeda Enters New MoU
Business & Finance

Lithuania Port of Klaipeda Enters New MoU

The Republic of Lithuania Port of Klaipeda and the Philadelphia Regional Port Authority (PRPA) signed an historic Memorandum of Understanding that promises to open Philadelphia ports to the European and Asian shipping trade via the ice-free port of Klaipeda, the Lithuanian port city on the eastern c

about 14 years ago
Russia: Gazprom Speeding towards South Stream Construction Start
Business & Finance

Russia: Gazprom Speeding towards South Stream Construction Start

Alexey Miller, Chairman of the Gazprom Management Committee moderated a meeting Friday at the Company’s headquarters. The meeting was focused on the South Stream project implementation. Pursuant to the assignment by Vladimir Putin, Prime Minister of the Russian Federation, a decision was made to sig

about 14 years ago
Petrosen Hires Dolphin for 3D Survey Offshore Senegal
Business & Finance

Petrosen Hires Dolphin for 3D Survey Offshore Senegal

Dolphin Geophysical, a seismic acquisition specialist, based in Bergen, Norway, has reached final agreement with Petrosen to commence acquisition of a 3D Multi-Client survey covering nearly 3,600 km(2)offshore Senegal. The survey will commence early March and is highly funded by industry. Dolphin al

about 14 years ago
EEEGR CEO to Step Down (UK)
Business & Finance

EEEGR CEO to Step Down (UK)

John Best, the founder and face of EEEGR (the East of England Energy Group), is to stand down as chief executive after 11 years to take on a new job. He will move to an executive management position as Head of Sustainable Energy,UKwith Norfolk-based Fendercare Marine. EEEGR chairman Alan Barlow said

about 14 years ago
EEEGR CEO to Step Down (UK)
Business & Finance

EEEGR CEO to Step Down (UK)

John Best, the founder and face of EEEGR (the East of England Energy Group), is to stand down as chief executive after 11 years to take on a new job. He will move to an executive management position as Head of Sustainable Energy,UKwith Norfolk-based Fendercare Marine. EEEGR chairman Alan Barlow said

about 14 years ago
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