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Ukraine: PJSC Kherson Shipyard Lays Keel of First Product Tanker for SVL
Business & Finance

Ukraine: PJSC Kherson Shipyard Lays Keel of First Product Tanker for SVL

On 21 October at the slip of PJSC Kherson shipyard keel laying of the first product tanker of a series, project RST27, for SVL group of companies, Malta, took place. The ship design has been developed by the Marine Engineering Bureau (Odessa). Tanker is designed for mixed (river-sea) carriage of bul

about 15 years ago
UK: BP Reaches a Definite Turning Point, CEO Says
Business & Finance

UK: BP Reaches a Definite Turning Point, CEO Says

As BP announced its financial results for the third quarter of 2011 group chief executive Bob Dudley today set out more details on BP’s future direction and strategic priorities, saying the company had reached a clear turning point. Progress made through 2011 in reshaping and focussing the company i

about 15 years ago
Horizon Lines’ FSX Service Between US West Coast, Guam and China Discontinued
Business & Finance

Horizon Lines’ FSX Service Between US West Coast, Guam and China Discontinued

Horizon Lines, Inc., the nation’s leading domestic ocean shipping company, today announced it will discontinue its Five Star Express (FSX) trans-Pacific container shipping service between the U.S. West Coast, Guam and China. Horizon is implementing an orderly transition plan, beginning October 31, 2

about 15 years ago
USA: Cameron Welcomes New Member to its Board
Business & Finance

USA: Cameron Welcomes New Member to its Board

Cameron has elected Rodolfo Landim to the Company’s Board of Directors, effective October 18, 2011. Landim, 54, is currently the chief executive officer of YXC Óleo e Gás and Controlling Partner and Managing Director of Mare Investimentos S.A. Prior to that, he was president and chief executive offi

about 15 years ago
USA: Helix Releases Third Quarter Results
Business & Finance

USA: Helix Releases Third Quarter Results

Helix Energy Solutions Group, Inc. reported net income of $46.0 million, or $0.43 per diluted share, for the third quarter of 2011 compared with net income of $26.2 million, or $0.25 per diluted share, for the same period in 2010, and net income of $41.3 million, or $0.39 per diluted share, in the s

about 15 years ago
BP Hires Maersk Discoverer Rig for Work Offshore Egypt
Business & Finance

BP Hires Maersk Discoverer Rig for Work Offshore Egypt

Maersk Drilling​ has signed a contract with BP for the ultra deepwater semi-submersible MAERSK DISCOVERER for work initially offshore Egypt. The firm contract duration is four years and the contract also includes an option for one year. The contract is expected to commence in the second quarter of 2

about 15 years ago
BP Hires Maersk Discoverer Rig for Work Offshore Egypt
Business & Finance

BP Hires Maersk Discoverer Rig for Work Offshore Egypt

Maersk Drilling has signed a contract with BP for the ultra deepwater semi-submersible MAERSK DISCOVERER for work initially offshore Egypt. The firm contract duration is four years and the contract also includes an option for one year. The contract is expected to commence in the second quarter of 20

about 15 years ago
Norway: Aibel Wins Troll A Upgrade Deal from Statoil
Business & Finance

Norway: Aibel Wins Troll A Upgrade Deal from Statoil

Aibel is to upgrade Troll A significantly over the next three and a half years. The contract was signed at the Statoil office on Vækerø in Oslo on Thursday. “It was a very formal happening which was nice to take part in,” says Stig Jessen, who is in charge of Field development in Aibel. He […

about 15 years ago
Norway: ShawCor Wins USD 40 Million Flow Assurance Coating Contracts
Business & Finance

Norway: ShawCor Wins USD 40 Million Flow Assurance Coating Contracts

ShawCor Ltd. announced that its pipecoating division, Bredero Shaw, has been awarded a number of contracts with a total value in excess of US$40 million from Subsea 7, a global leader in seabed-to-surface engineering, construction and services, to provide flow assurance pipecoatings in support of su

about 15 years ago
The Netherlands: Vessels Emswind and Emsstrom Working for Van Oord on AEOLUS Project
Business & Finance

The Netherlands: Vessels Emswind and Emsstrom Working for Van Oord on AEOLUS Project

The vessels EMSWIND and EMSSTROM of the EMS Maritime Offshore GmbH are working currently in the North Sea for the charterer van Oord in the project AEOLUS. During the last weeks both vessels were involved in the erection of two wind met masts. Equipped with a fast RIB the vessels are able to transfe

about 15 years ago
USA: Helix Delivers Another Strong Quarter, CEO Says
Business & Finance

USA: Helix Delivers Another Strong Quarter, CEO Says

Helix Energy Solutions Group, Inc. reported net income of $46.0 million, or $0.43 per diluted share, for the third quarter of 2011 compared with net income of $26.2 million, or $0.25 per diluted share, for the same period in 2010, and net income of $41.3 million, or $0.39 per diluted share, in the s

about 15 years ago
Singapore: Miclyn Express Offshore Expanding its Fleet
Business & Finance

Singapore: Miclyn Express Offshore Expanding its Fleet

Miclyn Express Offshore announced that it has entered into an agreement to purchase four new Crew/Utility Vessels from a Singaporean shipyard. Two vessels will be delivered in December 2011, with the remaining two to be delivered in April 2012. These vessels are targeted for deployment in the Middle

about 15 years ago
Singapore: Miclyn Express Offshore to Purchase Four New Crew-Utility Vessels
Business & Finance

Singapore: Miclyn Express Offshore to Purchase Four New Crew-Utility Vessels

Miclyn Express Offshore (“MIO”) announces that it has entered into an agreement to purchase four new Crew/Utility Vessels from a Singaporean shipyard. Two vessels will be delivered in December 2011, with the remaining two to be delivered in April 2012. These vessels are targeted for deployment in th

about 15 years ago
USA: Cameron Elects New Member to Board of Directors
Business & Finance

USA: Cameron Elects New Member to Board of Directors

Cameron has elected Rodolfo Landim to the Company’s Board of Directors, effective October 18, 2011. Landim, 54, is currently the chief executive officer of YXC Óleo e Gás and Controlling Partner and Managing Director of Mare Investimentos S.A. Prior to that, he was president and chief executive offi

about 15 years ago
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