Thanking China Shipping for the pleasant cooperation during the past 10 years the joint venture between Jumbo Shipping and China Shipping has come to an end with mutual consent. In Shanghai Jumbo continues to serve its clients from its recently set-up representative office at a new location. The off
SBSS DPII vessel Bold Maverick successfully completed a diving support work for an E&P project of Total in Sisi Nubi field, Balikpapan, Indonesia in Nov/Dec 2011. In this work, Bold Maverick was chartered by Hallin Marine to support saturation diving operation for offshore platform debris removal. T
S. B. Submarine Systems Co (SBSS) announced that DPII vessel Bold Maverick successfully completed a diving support work for an E&P project of Total in Sisi Nubi field, Balikpapan, Indonesia in Nov/Dec 2011. In this work, Bold Maverick was chartered by Hallin Marine to support saturation diving opera
Catalist listed, IEV Holdings Limited announced that it commenced a second turnkey decommissioning project for an established oil and gas operator in Malaysia, in an addition to the one secured earlier in June 2011. This is pursuant to the receipt of an award of contract by its 30% associate, IEV (M
The company Volga Fleet Tanker, part of UCL Holding, recently signed an agreement with OAO Gazprombank to attract long-term financing of $ 138 million in funds that will be used for construction of 10 tankers of RST 27 project at the production facilities of JSC Oka shipyard. Tankers product carrier
Otto Energy Ltd has executed the final farm‐in agreements supporting BHP Billiton’s earlier decision to enter into Service Contract 55, Offshore Palawan, Philippines. The execution of the final documents follows the previously announced decision by BHP Billiton to exercise their farm‐in option in Ma
NYK made a booth presentation at Eco-Products 2011, one of the largest environmental exhibitions in Japan, which was held from December 15 to 17 at Tokyo Big Sight (Koto-ku, Tokyo). The company exhibited under the theme “Achieving environmental friendly monohakobi (transport).” A total of 181,500 vi
NRG, the parent company of Bluewater Wind, notified Delmarva Power it is cancelling the long-term power purchase agreement with Delmarva Power… (newarkpostonline) [mappress] Source: newarkpostonline, December 28, 2011
On December 22, Subaru vehicles were first delivered directly from Japan to Ust-Luga port, bypassing intermediate transshipment points in Europe. New cars were shipped from Yokosuka port onboard the Pleiades Spirit ocean-going car carrier. The batch of 1,068 vehicles was transshipped in the terminal
Catalist listed, IEV Holdings Limited announced that it commenced a second turnkey decommissioning project for an established oil and gas operator in Malaysia (the “Second Decommissioning Project”), in an addition to the one secured earlier in June 2011. This is pursuant to the receipt of an award o
Polarcus Limited announces that the Company has received a Letter of Award from an undisclosed client for a 3D seismic acquisition project offshore Greenland. The project will commence in July 2012 and is expected to run for approximately 70 days. About Polarcus Polarcus is a pure play marine geophy
Polarcus Limited, a pure play marine geophysical company with a pioneering environmental agenda, specializing in high-end towed streamer data acquisition from Pole to Pole announces that the Company has received a Letter of Award from an undisclosed client for a 3D seismic acquisition project offsho
The Board of Directors of COSCO Corporation announcea that its subsidiary, COSCO (Dalian) Shipyard Co., Ltd. has secured one contract to convert one Large Crude Carrier Tanker, MT “Sunrise Jewel”, to a Floating Production Storage and Offloading (FPSO) vessel for a Japanese ship-owner. The FPSO for t
COSCO (Dalian) Shipyard Co., Ltd. has secured one contract to convert one Large Crude Carrier Tanker, MT “Sunrise Jewel”, to a Floating Production Storage and Offloading (FPSO) vessel for a Japanese ship-owner. The FPSO for the Japanese ship-owner is designed to operate for 20 years without dry-dock
