Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, announced that the vessel Star Sigma, which was time chartered to Pacific Bulk Shipping Ltd. of Hong Kong until October 2013 at a gross daily rate of $38,000, was redelivered to the Company. Pacif
Knightsbridge Tankers Limited has amended the time charter with Frontline Ltd. for the VLCC Hampstead. The time charter hire has been reduced from $37,750 per day to $27,050 per day for the remaining period of the charter commencing January 1, 2012. The expected redelivery date is April 22, 2012. T
On Jan. 9, 2012, China Merchants Heavy Industry (Shenzhen) Co., Ltd. held the delivery ceremony of HUAHAILONG 30,000 dwt Semi-submersible Heavy Lift Vessel which was built for Guangzhou Salvage Bureau of the Ministry of Communications on the Mazhou Island yard. The vessel is a semi-submersible heavy
On Jan. 9, 2012, China Merchants Heavy Industry (Shenzhen) Co., Ltd. held the Delivery Ceremony of HUAHAILONG 30,000 dwt Semi-submersible Heavy Lift Vessel which is built for Guangzhou Salvage Bureau of the Ministry of Communications on the Mazhou Island yard. The vessel is semi-submersible heavy li
In line with their Strategic plan and in response to the diverse commercial demands of the business, the Coastline head count continues to increase. Coastline Surveys Ltd have carefully selected the following personnel for their expertise and the ability to complement the already strong team, who un
Effective from December 31, 2011, REpower Systems SE has acquired by purchase the remaining 49% stake in PowerBlades GmbH from SGL Rotec GmbH & Co. KG, a majority company of SGL Group. PowerBlades, headquartered in Bremerhaven, was founded in 2007 as a joint venture for the production of rotor blade
SapuraAcergy Sdn Bhd, a Kuala Lumpur based engineering and construction contractor for the regional offshore oil & gas industry has been awarded a contract for a subsea construction project, offshore Vietnam. The scope of work requires the installation of: 28km of 12” diameter pipeline, a 28km umbil
Subsea 7 S.A. announced that SapuraAcergy Sdn Bhd (SASB) has been awarded a contract for a subsea construction project, offshore Vietnam. The scope of work requires the installation of: 28km of 12” diameter pipeline, a 28km umbilical, PLETs and SSIV Structures, spools and pre-commissioning. The valu
The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has received an contract award for an Ocean Bottom Seismic (OBC) survey for the Kvitebjørn Field in Norway for Statoil. The main objective is to improve structural interpretation and achieve better illumination of fault p
TONGHENG, the 11000m3 trailing suction hopper dredger being constructed by CMHI, was successfully launched on December 26. Guests from CCCC, Tianjin Dredging Corporation, MARIC and CCS Shenzhen Branch presented at the ceremony. Emceed by Mr. Tu Fengqing, the Deputy Managing Director of CMHI, Mr. Zhu
Building on its initial success in the renewable energy market, Austal has confirmed a contract for a fourth wind farm support vessel for Turbine Transfers Limited. The order is the first for a new Austal design which will enable safer and more efficient offshore wind turbine service. Welcoming the
By combining detailed chemical measurements in the deep ocean, in the oil slick, and in the air, NOAA scientists and academic colleagues have independently estimated how fast gases and oil were leaking during the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. The new chemistry-based spill r
The Norwegian Petroleum Directorate has given Statoil Petroleum AS a drilling permit for well 30/6-28 S, cf. Section 8 of the Resource Management Regulations. Wellbore 30/6-28 S will be drilled from the COSL Pioneer drilling facility at position 60°33’59.33” north and 2°44’40.69” east after completi
Oman Shipping Company S.A.O.C. (OSC) took delivery of one of their latest Very Large Crude Carrier (VLCC) the DABA, at Hyundai Heavy Industries co. Ltd’s (HHI) Yard in Ulsan, South Korea on 6th Jan 2012. DABA has a 317,000 deadweight ton (DWT) capacity, is 333 meters length overall, 60 meter in beam