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New Zealand: Good Progress Continues in Removing Last of Oil from Rena
Business & Finance

New Zealand: Good Progress Continues in Removing Last of Oil from Rena

Good progress continues to be made in removing the last of the oil from the submerged number 5 starboard fuel oil tank on the grounded container ship Rena, Maritime New Zealand (MNZ) says. MNZ Salvage Unit Manager Arthur Jobard said salvors had maintained continuous pumping of heavy fuel oil from Re

about 15 years ago
Bermuda: Teekay Offshore Reports Strong Operation Results
Business & Finance

Bermuda: Teekay Offshore Reports Strong Operation Results

Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership), yesterday reported the Partnership’s results for the quarter ended September 30, 2011. During the third quarter of 2011, the Partnership generated distributable cash flow of $52.1 mi

about 15 years ago
USA: Teledyne RDI’s Doppler Velocity Log Supports VideoRay’s ROVs
Business & Finance

USA: Teledyne RDI’s Doppler Velocity Log Supports VideoRay’s ROVs

VideoRay LLC, the leading manufacturer of Inspection ROVs, and Teledyne RD Instruments, the leading manufacturer of acoustic Doppler navigation products, announce that collaborative efforts to integrate Teledyne RDI’s Doppler Velocity Log (DVL) on board VideoRay’s Pro 4 have proven successful. Throu

about 15 years ago
USA: First Oil & Gas Lease Sale since Macondo
Business & Finance

USA: First Oil & Gas Lease Sale since Macondo

Department of the Interior Secretary Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau yesterday announced that BOEM would hold the first oil and natural gas lease sale in the Gulf of Mexico since the Deepwater Horizon explosion and oil spill. This announcement is

about 15 years ago
China: Yuexin Shipbuilding Secures Contract for Two OS Oil Recovery Vessel
Business & Finance

China: Yuexin Shipbuilding Secures Contract for Two OS Oil Recovery Vessel

Recently, the Marketing Director of Yuexin Shipbuilding, Mr. Eric Lim ,signed a contract of two 77 m DP2 Offshore Support/ Oil Recovery Vessels. The vessel measures 77.8m in length with a molded breadth of 17.6m, a molded depth of 7.8m and the maximum draft is 6.4m. With 3600T dead weight, the vesse

about 15 years ago
Statnett Q3 Profit After Tax Down to USD 44.5 Million (Norway)
Business & Finance

Statnett Q3 Profit After Tax Down to USD 44.5 Million (Norway)

The Group reported a profit after tax of NOK 254 million in the third quarter of 2011 compared to NOK 344 million in the same period of 2010. The Group’s profit after tax for the first three quarters of 2011 was NOK 774 million. The corresponding figure for 2010 was NOK 1 630 million. The […]

about 15 years ago
SC Board Approves Water Quality Certification for Savannah Dredging (USA)
Business & Finance

SC Board Approves Water Quality Certification for Savannah Dredging (USA)

The U.S. Army Corps of Engineers Savannah District issued this statement following the meeting yesterday with the South Carolina Department of Health and Environmental Control Board of Directors: “We are pleased with the unanimous decision of the South Carolina Department of Health and Environmental

about 15 years ago
UK: BG’s CEO Joins Rolls-Royce Board
Business & Finance

UK: BG’s CEO Joins Rolls-Royce Board

Rolls-Royce, the global power systems company, announces that Sir Frank Chapman has today joined the Board as a non-executive Director. Sir Frank is the Chief Executive of BG Group and a Fellow of the Institution of Mechanical Engineers. Sir Simon Robertson, Rolls-Royce Chairman, said: “I am delight

about 15 years ago
Germany: F.I.T. Changes Name into ‘Contargo Industriepark Frankfurt – Höchst’
Business & Finance

Germany: F.I.T. Changes Name into ‘Contargo Industriepark Frankfurt – Höchst’

A clear statement has now been made: the trimodal container terminal in Industriepark Frankfurt – Höchst, which has always been associated with the Duisburg-based Contargo Group, has documented its participation in the European network of the container logistics provider even more strongly by its re

about 15 years ago
Brazil: Airborne Wins Contract from Saipem for Deepwater Pipe
Business & Finance

Brazil: Airborne Wins Contract from Saipem for Deepwater Pipe

Airborne has been awarded a contract by Saipem SA for the engineering, fabrication & delivery of a 2500 meter downline for the Guara & Lula project. The 3 inch ID downline will be used at around 2200 meter water depth for the Pre-Commissioning of the Guara & Lula-NE Gasline Project. By winning this

about 15 years ago
Portugal: IMO Authorizes EMSA to Operate LRIT Data Exchange
Business & Finance

Portugal: IMO Authorizes EMSA to Operate LRIT Data Exchange

Operation of the International Data Exchange (IDE) for the Long Range Identification and Tracking of Ships (LRIT) has been successfully transferred to the European Maritime Safety Agency (EMSA) in Lisbon, Portugal. At the 10th session of the Ad Hoc LRIT Group established by IMO (31 October to 3 Nove

about 15 years ago
Bermuda: Teekay to Acquire FPSO Sevan Piranema
Business & Finance

Bermuda: Teekay to Acquire FPSO Sevan Piranema

Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) , announced today that Teekay Corporation (Teekay) and Teekay Offshore intend for Teekay Offshore to acquire the Sevan Piranema (Piranema) floating production, storage and offloading

about 15 years ago
Denmark: Jotron Consultas to Provide Fleet Management Software for NORDEN
Business & Finance

Denmark: Jotron Consultas to Provide Fleet Management Software for NORDEN

By a thorough and meticulous screening of what the marked had to offer D/S NORDEN A/S selected the Norwegian-based Jotron Consultas AS as their future provider of fleet management software. The two parties have signed an agreement which includes rollout of latest v.4 of the Consultas Fleet Managemen

about 15 years ago
Bermuda: Teekay to Buy FPSO Sevan Piranema for USD 165 Million
Business & Finance

Bermuda: Teekay to Buy FPSO Sevan Piranema for USD 165 Million

Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) , announced today that Teekay Corporation (Teekay) and Teekay Offshore intend for Teekay Offshore to acquire the Sevan Piranema (Piranema) floating production, storage and offloading

about 15 years ago
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