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Denmark: Chellsea Takes Over PSV Durga Devi from Niels Winther
Business & Finance

Denmark: Chellsea Takes Over PSV Durga Devi from Niels Winther

Last weekend the platform supply vessel Durga Devi (ex VOS Prevail) was taken over by the Singapore-based ship owner Chellsea Pte Ltd in the port of Esbjerg. Niels Winther acted as owner’s agent and handled the local formalities. In addition to this, a ceremony in connection with the handover of the

about 15 years ago
USA: KBR to Perform Engineering Design Support for BP Quad 204 FPSO Project
Business & Finance

USA: KBR to Perform Engineering Design Support for BP Quad 204 FPSO Project

KBR today announced that it has received a letter of award from Hyundai Heavy Industries Co. Limited to perform engineering design and procurement support services for the BP Quad 204 Floating Production Storage and Offload (FPSO) Project to be located west of Shetland Isles in UK waters. The Quad 2

about 15 years ago
Japan: NYK Offers Direct Support to Tsunami-Devastated Fisheries
Business & Finance

Japan: NYK Offers Direct Support to Tsunami-Devastated Fisheries

NYK has continued its support of the recovery of the Tohoku area’s fisheries, which were devastated by the Great East Japan Earthquake and the tsunami that followed. The Signal Fire of Hope Fund was founded in July at the suggestion of Yukio Okamoto, an outside director at NYK. The goal of the proje

about 15 years ago
Iraq Navy Acquires Two Patrol Boats from United States
Business & Finance

Iraq Navy Acquires Two Patrol Boats from United States

The Iraq Navy has acquired two patrol boats from the United States. The Iraq Navy accepted two Swift-class patrol boats from the U.S. Navy on Aug. 13. The surface vessels would be based at Navy headquarters in Umm Qasr and patrol the northern Gulf. “The delivery of the U.S. built Swift patrol boats

about 15 years ago
Germany: MAN Diesel & Turbo to Equip Four New Offshore Vessels with Complete PS
Business & Finance

Germany: MAN Diesel & Turbo to Equip Four New Offshore Vessels with Complete PS

MAN Diesel & Turbo SE is to equip four new ocean-going specialist vessels with complete propulsion systems. The Augsburg-based leading manufacturer of large-bore diesel engines and turbomachinery has secured a contract to deliver 16 four-stroke engines with gears and controllable pitch propellers to

about 15 years ago
Germany: MAN Diesel & Turbo to Equip Four New Offshore Vessels with Complete PS
Business & Finance

Germany: MAN Diesel & Turbo to Equip Four New Offshore Vessels with Complete PS

MAN Diesel & Turbo SE is to equip four new ocean-going specialist vessels with complete propulsion systems. The Augsburg-based leading manufacturer of large-bore diesel engines and turbomachinery has secured a contract to deliver 16 four-stroke engines with gears and controllable pitch propellers to

about 15 years ago
Jiaolong’s Mother Ship Returns Back to China
Business & Finance

Jiaolong’s Mother Ship Returns Back to China

The mother ship of China’s manned deep-diving submarine, Jiaolong, has completed its mission of a 5,000-meter dive in the Pacific Ocean betw… (chinadaily) [mappress] Source: chinadaily, August 26, 2011;

about 15 years ago
Sri Lanka: Colombo Dockyard Signs Construction Contract for Four MPSV’s
Business & Finance

Sri Lanka: Colombo Dockyard Signs Construction Contract for Four MPSV’s

Colombo Dockyard penned contracts for the construction of four units of 78 m Multipurpose Platform Supply Vessels (MPSV) each with a 3,600 deadweight capacity for a Singapore based Ship Owner at an undisclosed price on 25th August 2011. Details of the Owner are not divulged due to an agreement of co

about 15 years ago
Denmark: PA Resources Confirms Additional Hydrocarbons at Border Truck Prospect
Business & Finance

Denmark: PA Resources Confirms Additional Hydrocarbons at Border Truck Prospect

The sidetrack of the recent gas discovery at the Broder Tuck prospect in Licence 12/06 offshore Denmark has confirmed additional hydrocarbon column whilst sample analyses from the initial exploration well have indicated a higher than expected condensate content. Bo Askvik, President and CEO at PA Re

about 15 years ago
Sri Lanka: Colombo Dockyard Signs Construction Contract for Four 78m MPSV
Business & Finance

Sri Lanka: Colombo Dockyard Signs Construction Contract for Four 78m MPSV

Colombo Dockyard penned contracts for the construction of four units of 78 m Multipurpose Platform Supply Vessels (MPSV) each with a 3,600 deadweight capacity for a Singapore based Ship Owner at an undisclosed price on 25th August 2011. Details of the Owner are not divulged due to an agreement of co

about 15 years ago
Norway: Government Mulls Barents Sea Gas Pipeline
Business & Finance

Norway: Government Mulls Barents Sea Gas Pipeline

The Norwegian government will consider extending its North Sea gas pipeline infrastructure as far as the Barents Sea if sufficient gas is… (argusmedia) [mappress] Source: argusmedia, August 26, 2011;

about 15 years ago
Germany: Volkswagen Plans to Invest in Renewable Energy
Business & Finance

Germany: Volkswagen Plans to Invest in Renewable Energy

The biggest European automaker, Volkswagen, plans to invest almost one billion euros ($1.44 billion) in renewable energies over the … (economictimes) [mappress] Source: economictimes, August 26, 2011

about 15 years ago
Algoma Corporation Christens First Completely New Canadian Flag Dry-Bulk Carrier in Over 25 Years
Business & Finance

Algoma Corporation Christens First Completely New Canadian Flag Dry-Bulk Carrier in Over 25 Years

MV Algoma Mariner — the first completely new Canadian flag dry-bulk carrier to be brought into service on the Great Lakes in over 25 years — was today christened in a special ceremony in Port Colborne, Ontario. The Canadian-flag ship built by Chengxi Shipyard in China, which is owned by Algoma Centr

about 15 years ago
Australia: TapOil Posts 1H Results
Business & Finance

Australia: TapOil Posts 1H Results

TapOil today announced first half 2011 results ended June 30, 2011. Highlights Cash flow from operations of $7.6 million Minor underlying loss after tax (excl. non-recurring items) of $0.7 million Exploration write downs and impairments of $6.5 million Cash reserves of $53 million with no debt – not

about 15 years ago
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