Reef Subsea AS announced that they have signed two five-year charter agreements for two newly-built dynamically positioned subsea construction vessels – Neptune Despina and Neptune Larissa – from Neptune Offshore AS. Simultaneously Neptune Subsea AS, the ship owning company of the vessels, welcomes
In the past months Saltwater Engineering designed and engineered two new generation chase vessels for Rederij Groen. In addition to the technical aspects Saltwater also managed the tender process, which was concluded at the Europoort exhibition by awarding the build of both vessels to Maaskant Shipy
In the past months Saltwater Engineering designed and engineered two new generation chase vessels for Rederij Groen. In addition to the technical aspects Saltwater also managed the tender process, which was concluded at the Europoort exhibition by awarding the build of both vessels to Maaskant Shipy
Interim report on the current state of affairs of the main group companies – Third quarter 2011: CONTRACTING, DREDGING AND CONCESSIONS DEME (AvH 50%) achieved in the third quarter 2011 again a continued high activity level, in line with the first half of the year. Thanks to an additional contract in
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of drybulk cargoes, today announced that it has taken delivery of the Star Polaris, a 179,546 dwt Capesize newbuilding. The Star Polaris is the second vessel delivered to the Company from HHIC-Phil Inc., a subsidiary
Island Offshore, a provider of high quality solutions for the offshore oil industry based on a fleet of advanced high quality service and subsea service vessels, recently secured a 7 year contract from Schlumberger. The contract is for two of its recently christened vessels, Island Centurion and Isl
Noble Energy today reported that it achieved first production at Aseng project offshore Equatorial Guinea in less than three years from sanction, while delivering a world-class project seven months ahead of schedule, 13 percent below budget, and with an excellent safety record. Transferring the lear
The Great Eastern Shipping Co Ltd. (G E Shipping) has signed a contract to sell “Jag Pratap”, a Medium Range (MR) product carrier. The 1995 built vessel of about 45,600dwt will be delivered to the buyers in Q3 FY2012. The Company’s current fleet stands at 35 vessels, comprising of 25 tankers (9 crud
OceanSaver, a leading global provider of class-approved, high capacity ballast water treatment (BWT) systems, today appointed Houtan Houshangi as interim Chief Executive Officer, effective immediately. Houshangi replaces Stein Foss who successfully developed and commercialized OceanSaver BWT system
A decision has been made to maintain the current shareholder structure at IHC Merwede. The IHC Merwede Supervisory Board – in addition to all of the current shareholders – is comfortable with the financial strength of the company for the next year. With the support of JP Morgan and Rabobank M&A, IHC
Island Offshore, a provider of high quality solutions for the offshore oil industry based on a fleet of advanced high quality service and subsea service vessels, recently secured a 7 year contract from Schlumberger. The contract is for two of its recently christened vessels, Island Centurion and Isl
Kenya is ready for the fourth undersea fibre optic cable connection wich is scheduled to land in upcoming year. France Telecom, is spending 14 million euros to boost the “Lower Indian Network 2” (LION 2) submarine cable to the LION cable to Kenya via Mayotte. Along with the LION and LION2 cables, Fr
Noble Energy, Inc. today announced that it has increased its 5 year capital spending plan as a result of recent exploration successes in order to strengthen the company’s growth profile. The Company’s production is projected to increase at a compound annual growth rate of 17 percent over the next fi
VSTEP announces that NAUTIS Full Mission Bridge Simulator received the Class A certification from Det Norske Veritas AS (DNV). The NAUTIS simulators are now qualified to operate as fully-certified maritime training simulators with any maritime training school worldwide. With the certification, VSTEP
