In view of the development of intra-Asia waterborne trade, Evergreen Line will realign its fleet deployment and launch new services, effective November 2011. Two new service loops will replace the existing Japan – Taiwan – South China Sea (JTS) service. The new South China Sea – Hong Kong (SCH) loop
Aker Solutions has signed an agreement to acquire the well intervention technology business from X3M (pronounced “Extreme”) International. The acquisition will grow Aker Solutions’ well intervention technology and service portfolio worldwide as well as increase the company’s presence in the importan
Aker Solutions has signed an agreement to acquire the well intervention technology business from X3M (pronounced “Extreme”) International. The acquisition will grow Aker Solutions’ well intervention technology and service portfolio worldwide as well as increase the company’s presence in the importan
BAE Systems has joined with Mid Ocean Tanker Company (MOTC) to launch the American Phoenix, a U.S. Flag/Jones Act product chemical tanker. Measuring 616 feet long and 105 feet wide, it is largest vessel ever launched from the State of Alabama. It has a draft of 36 feet and a cargo capacity of 49,000
Ten NOF Energy members based in North East England have been successful in securing a proportion of the Government’s £950million Regional Growth Fund. NOF Energy is the business support organisation for oil, gas, nuclear and offshore renewables sectors. George Rafferty, Chief Executive of NOF Energy
On 1 November 2011 Francisco Gutierrez joins GeoAcoustics as Product Manager. His main responsibility will be to support the internal- and external salesteam. Francisco’s tasks are to prepare and execute product demonstrations, publish technical papers and support the GeoAcoustics product evolution
Dr. Larry Robinson, NOAA’s assistant secretary of commerce for conservation and management, and deputy administrator, announced that he plans to step down effective November 18, returning to academia to resume his work in academic administration and train the next generation of environmental scienti
In October 2011 Deep Sea Supply`s AHTS fleet (all 12 AHTS Vessels) had an average gross income of approx. USD 19,600 per ship per day compared to USD 15,800 in September. The PSV fleet (all 8 PSVs) had an average gross income of approx. USD 20,000 per ship per day compared to USD 20,200 in […
Willi Balz, Chief Executive Officer of the Windreich AG, has announced that the company has secured total project financing for its first offshore wind park Global Tech I and emphasizes, ‘With its 400 MW capacity, it is the first offshore project worldwide to obtain financing which directly brings t
Anadarko Petroleum Corporation yesterday announced 2011 third-quarter results, reporting a net loss attributable to common stockholders of $3.051 billion, or $6.12 per share (diluted). These results include certain items typically excluded by the investment community in published estimates. In total
The Sustainable Shipping Initiative (SSI), a coalition of global companies including Wärtsilä, and NGOs spanning across the sector, announced on October 31 the signing of a 30-year vision to secure the industry’s future, as well as the start of a joint work programme to deliver long-term sustainabil
Construction of the offshore pipeline for the PNG LNG Project has started, with the first lengths of pipe laid near the LNG Plant. The pipeline, which will be 407 kilometres long, stretches from Omati in the Gulf Province to the LNG Plant. The pipeline is 36 inches in diameter and will be laid from
Andrew Mill, CEO, The National Renewable Energy Centre (Narec): “With the support received from the Regional Growth Fund, Narec will help to sustain the UK’s leading position in the offshore wind sector by driving the commercial development of seven new innovative products or services. Narec will ma
Construction of the offshore pipeline for the PNG LNG Project has started, with the first lengths of pipe laid near the LNG Plant. The pipeline, which will be 407 kilometres long, stretches from Omati in the Gulf Province to the LNG Plant. The pipeline is 36 inches in diameter and will be laid from
