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Energy Costs Rising Due to Renewables Law (USA)
Business & Finance

Energy Costs Rising Due to Renewables Law (USA)

A Massachusetts law requiring utilities to purchase more electricity from renewable energy sources has helped make the state more… (Associated Press) [mappress] Source: Associated Press, November 10, 2011;

about 15 years ago
USA: General Dynamics Wins Contract to Design and Build SMCM UUV
Business & Finance

USA: General Dynamics Wins Contract to Design and Build SMCM UUV

The U.S. Navy’s Naval Sea Systems Command has awarded General Dynamics Advanced Informational Systems a contract to design and build the Surface Mine Countermeasure Unmanned Underwater Vehicle (SMCM UUV) system. The system will initially be a part of the Littoral Combat Ship Mine Warfare mission pac

about 15 years ago
USA: Huntington Ingalls Secures Contract for Nuclear Powered Submarines
Business & Finance

USA: Huntington Ingalls Secures Contract for Nuclear Powered Submarines

Huntington Ingalls, Inc., Newport News, Va., is being awarded an $8,673,842 cost-plus-fixed-fee level of effort contract for planning and design yard functions for standard Navy valves in support of nuclear powered submarines. This contract includes options, which, if exercised, would bring the cumu

about 15 years ago
Eight Foreign Ships Under Detention in UK Ports During September 2011
Business & Finance

Eight Foreign Ships Under Detention in UK Ports During September 2011

The Maritime & Coastguard Agency (MCA) announced today that 8 foreign flagged ships were under detention in UK ports during September 2011 after failing Port State Control (PSC) inspection. Latest monthly figures show that there were 4 new detentions of foreign flagged ships in UK ports during Septe

about 15 years ago
PSA Norway Releases Report on Activities and Challenges in Far North
Business & Finance

PSA Norway Releases Report on Activities and Challenges in Far North

Technological and operational issues which must be overcome for Norwegian petroleum operations above the Arctic Circle have now been assembled in a single document. The report on Technology and operational challenges for the high north has been commissioned by the Petroleum Safety Authority Norway​

about 15 years ago
W&O Supply Establishes Office in Brazil
Business & Finance

W&O Supply Establishes Office in Brazil

W&O Supply, North America’s largest supplier of marine valves, pipe, fittings, engineered products, valve automation and data management systems, announced that it has established operations in Brazil, with the first office located in Rio de Janeiro. Establishing a Brazilian presence is an important

about 15 years ago
Jasper Awards Rig Conversion Contract to CMIH (China)
Business & Finance

Jasper Awards Rig Conversion Contract to CMIH (China)

Jasper Investments Limited (“Jasper”) announced that it has awarded a US$73.6 million contract to a subsidiary of the China Merchants Industry Holding Co., Ltd (“CMIH”) to retrofit and convert its Neptune Finder (“Finder”) semi-submersible into an accommodation vessel / floatel. The contract between

about 15 years ago
South Korea: HHI Holds Naming Ceremony for Odfjell Drilling’s New UDW Drillship
Business & Finance

South Korea: HHI Holds Naming Ceremony for Odfjell Drilling’s New UDW Drillship

Thursday 10th of November 2011 Deepsea Metro II naming ceremony was officially held in Ulsan at the Hyundai Heavy Industries yard. This is the fourth successful ultra deep water vessel delivery for Odfjell Drilling​, with regards to project planning, delivery and excellent HSE performance. “This is

about 15 years ago
German Based BBC Chartering Announces Additional Trans-Atlantic Service
Business & Finance

German Based BBC Chartering Announces Additional Trans-Atlantic Service

Leading German heavy lift shipping operator BBC Chartering announces the commencement of a new monthly liner service that connects loading ports in the Mediterranean with the East Coast of Latin America starting November/December 2011. With this step the company responds to the solid demand it encou

about 15 years ago
Canada: Keith La Rose Joins OceanWorks as Business Development Manager
Business & Finance

Canada: Keith La Rose Joins OceanWorks as Business Development Manager

OceanWorks welcomes Keith La Rose to the team in the position of Business Development Manager – Military in their Vancouver office. Acting as Business Development Manager for the military industry, Keith’s primary function will be to expand OceanWorks’ penetration of the military market by further r

about 15 years ago
South Korea: Naming Ceremony for Odfjell Drilling’s New UDW Drillship
Business & Finance

South Korea: Naming Ceremony for Odfjell Drilling’s New UDW Drillship

Thursday 10th of November 2011 Deepsea Metro II naming ceremony was officially held in Ulsan at the Hyundai Heavy Industries yard. This is the fourth successful ultra deep water vessel delivery for Odfjell Drilling​, with regards to project planning, delivery and excellent HSE performance. “This is

about 15 years ago
Russia: PF to Hold Launching Ceremony of Hydrographic Ship Valery Faleyev
Business & Finance

Russia: PF to Hold Launching Ceremony of Hydrographic Ship Valery Faleyev

Solemn launching ceremony of Pacific Fleet (PF) hydrographic ship Valery Faleyev will be held on Nov 12 in the Maly Uliss Bay, Vladivostok. The new ship is designed for oceanographic researches for Pacific Fleet, reports Russian defense ministry’s press service. The ship’s launching will coincide wi

about 15 years ago
Australia: Tap Announces Spud of Hannah-1 Well
Business & Finance

Australia: Tap Announces Spud of Hannah-1 Well

Tap Oil Limited (“Tap”) provides the following information on the Hannah-1 commitment well, offshore Carnarvon Basin, Western Australia. The Hannah-1 well is located in permit TP/8, approximately 18km east of Barrow Island. The well will be drilled in water depth of 16m by the jack-up rig Ensco 104.

about 15 years ago
Ventizz’s Firm Takes Over North Sea Offshore Wind Farm (Germany)
Business & Finance

Ventizz’s Firm Takes Over North Sea Offshore Wind Farm (Germany)

The Danish firm SSP Technologies Holding ApS, a portfolio company of Ventizz Capital Fund IV, LP (“Ventizz IV”), has ended a legal dispute with PNE Wind AG via an amicable settlement. The dispute, which began in 2009, was in relation to the acquisition of the Danish rotor blade specialist SSP in 200

about 15 years ago
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