Leading North East Engineering company IHC Engineering Business (IHC EB) has been named Design Team of the Year 2011 by the British Engineering Excellence Awards (BEEA). At the ceremony held on October 13 at the Shakespeare Globe Theatre, London, IHC EB was highly commended by the judges for the tea
Yesterday on October 18, 2011, Atlantic Bulk Carriers‘ Captain Petros Tsialiamanis along with Chief Engineer Mr. Theofilis Alexandros attended the delivery of the latest addition to Atlantic Bulk Carriers fleet, M/V Desert Glory at HMD Shipyard. Vessel characteristics: LOA – 193,07m BEAM – 32,26m SU
Paragon Shipping Inc., a global shipping transportation company specializing in dry cargoes, agreed to sell to an unaffiliated third party its 1995-built drybulk handymax vessel, of 43,222 dwt, M/V CRYSTAL SEAS, for a gross price of $14 million. The vessel is scheduled to be delivered to her new own
The Huldra field is being depleted. What’s left is a fully adequate and solid platform. Any buyers? Must a platform be scrapped after use? Couldn’t it be moved to a new area? The Huldra platform has been producing in the North Sea since 2001, and is still a modern platform with many possibilities. T
It is the most important international maritime Trade show of the Netherlands, Europort 2011. Dutch companies have never before presented themselves as such a strong collective. 42 companies participate in one of the two Maritime by Holland Pavilions, another 7 companies showcase their innovations o
Teekay Corp , a marine crude oil and petroleum product transporter, will spend up to $823 million to buy three floating production storage a… Source: Reuters [mappress] Source: Reuters, October 19, 2011;
Petrobras CEO, José Sergio Gabrielli de Azevedo, said that Brazil will be one of the main contributors to the increase of oil supply in the global market and stressed that demand continues to increase in developing nations. This Tuesday (Oct 18) Mr. Gabrielli took part in a ministerial meeting organ
Leading North East Engineering company IHC Engineering Business (IHC EB) has been named Design Team of the Year 2011 by the British Engineering Excellence Awards (BEEA). At the ceremony held on October 13 at the Shakespeare Globe Theatre, London, IHC EB was highly commended by the judges for the tea
Leading North East Engineering company IHC Engineering Business (IHC EB) has been named Design Team of the Year 2011 by the British Engineering Excellence Awards (BEEA). At the ceremony held on October 13 at the Shakespeare Globe Theatre, London, IHC EB was highly commended by the judges for the tea
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, yesterday reported an oil discovery in well 8/10‐4S on the Butch prospect (Faroe 15%) located in the Norwegian North Sea.
Golar LNG Limited announced today that it has agreed principal terms in connection with a time charter for one of its modern LNG carriers, the Golar Grand, to a major oil and gas company for a firm period of 3 years plus a further period of 3 years at charterers option. The charter is […]
The Shipping Corporation of India Ltd. (SCI) accepted delivery of a 80 T BP Anchor Handling, Towing & Supply vessel “m.v. SCI Ratna” on October 14th 2011. SCI had signed contracts for acquisition of four nos. newbuilding 80 T BP Anchor Handling, Towing & Supply vessels with Bharati Shipyard Limited,
The Shipping Corporation of India Ltd. (SCI) recently accepted delivery of a 80 T BP Anchor Handling, Towing & Supply vessel “m.v. SCI Ratna”. SCI had signed contracts for acquisition of four nos. newbuilding 80 T BP Anchor Handling, Towing & Supply vessels with Bharati Shipyard Limited, India. The
Aker BioMarine has entered into an agreement with Krillsea Group AS to acquire the vessel Thorshøvdi for approximately NOK 138.9 million. As part of the agreement, all creditors of Krillsea Group AS with first, second, or third priority mortgage in the vessel has agreed to release such security. The
