After 18 months of sustained effort to clean the shoreline of the Gulf of Mexico following the Deepwater Horizon accident, the U.S. Coast Guard’s federal on-scene coordinator (FOSC) has approved the shoreline clean-up completion plan, paving the way for restoration work. Under the plan, the FOSC wil
To tackle the strong currents in Australia’s offshore oil & gas fields, leading contracting company, Cal Dive International (Australia) Pty Limited, selected Saab Seaeye’s powerful new Panther XT Plus ROV (Zone Rated and configured for operations in hazardous areas) when making that choice. A Cal Di
Vantage Drilling Company reports a net loss of $11.9 million or ($0.04) per diluted share for the three months ended September 30, 2011 as compared to a net loss of $5.8 million or ($0.02) per share excluding $27.8 million of charges in the prior year period relating to the acquisition of the Platin
BOURBON announces revenue up + 17% over 9 months in line with the objectives of the 2015 Leadership Strategy. Significant increase in daily rates in the quarter follows previous quarter’s upturn in utilization rates. ““In a favorable oil & gas environment. the price per barrel of Brent (113 US$ over
AHTS “Sao Mai 03”, the second service vessel of Vietsovpetro J.V., has been repaired in Dungquat Shipyard. Its dimension is 64.4 m long, 13.8 m wide with the load of 1,190 tons and main engine capacity of 2 x 3520 BHP. On 07 November 2011 the AHTS “Sao Mai 03” has been delivered to Vietsovpetro [&he
Canadian Overseas Petroleum Limited has made an oil discovery at its Esperanza exploration prospect located in Block 22/15 of the UK Central North Sea. Block 22/15 is a Second Round license. The 22/15-4 well, operated by BG Group (“BG”), was drilled by the Ocean Nomad semi-submersible drilling rig t
On November 8, NYK Shipmanagement Pte. Ltd., an NYK Group company, held a ceremony at its head office in Singapore to celebrate the 10th anniversary of its establishment. The ceremony was attended by about 200 guests including the Japanese ambassador to Singapore H.E. Yoichi Suzuki, Panamanian ambas
The European Investment Bank may raise the price of loans to renewable energy projects to bolster capital as demand for funds rises, the bank’s climate chief said. “You could say that this year’s projects have to pay a bit more for next year’s borrowers, but it all goes back into the business,” Chri
The European Investment Bank may raise the price of loans to renewable energy projects to bolster capital as demand for funds rises, the bank’s climate chief said. “You could say that this year’s projects have to pay a bit more for next year’s borrowers, but it all goes back into the business,” Chri
To tackle the strong currents in Australia’s offshore oil & gas fields, leading contracting company, Cal Dive International (Australia) Pty Limited, selected Saab Seaeye’s powerful new Panther XT Plus ROV (Zone Rated and configured for operations in hazardous areas) when making that choice. A Cal Di
The National Oceanic and Atmospheric Administration (NOAA) Fisheries Service has issued its final Biological Opinion on the effects of deepening the Savannah harbor on federally protected endangered species. The opinion concludes that the U.S. Army Corps of Engineers’ plan to deepen the harbor is “n
MAN Diesel & Turbo has announced the first order for its second- generation EGR system, to be applied aboard a Maersk Line container vessel – the 4,500-teu new building #2358. The system will be fully integrated with the vessel’s main engine, a two-stroke MAN B&W 6S80ME-C9 type to be built by Hyunda
OceanSaver has supplied and commissioned its first ballast water treatment system to gain classification society DNV’s approval as a retrofit installation. The project was completed over the summer of 2011 on the car carrier Höegh Trove, operated by Höegh Autoliners and managed by Höegh Fleet Servic
Eniram Limited, a provider of data analytics software for the shipping and marine industry, has been named the fastest growing company in Finland in the Deloitte Fast 50, recognising the company’s meteoric expansion over the last 5 years. This is a prestigious accolade for Helsinki-based Eniram and
