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Divers Discover Wreck of 16th Century Swedish Warship
Business & Finance

Divers Discover Wreck of 16th Century Swedish Warship

The wreck of a Swedish warship that historians hope is the Mars, head of king Erik XIV’s fleet before it sank in the Baltic in 1564, has been found off Sweden’s coast… (dawn) [mappress] Source: dawn, August 22, 2011

about 15 years ago
Cargotec Confirms New RTG Order from Cosco Pacific, China
Business & Finance

Cargotec Confirms New RTG Order from Cosco Pacific, China

Cargotec’s commitment to continue growing its share of the keenly competitive Chinese port equipment market has been confirmed by a new order from Cosco Pacific subsidiary Jinjiang Pacific Ports Development (JPPDC). JPPDC, which currently operates a two berth facility in Weitou Port in Fujian Provin

about 15 years ago
Alpine Ocean Seismic Survey Expands its Service Range (USA)
Business & Finance

Alpine Ocean Seismic Survey Expands its Service Range (USA)

Alpine Ocean Seismic Survey has expanded its portfolio of environmental data collection services with the addition of a new suite of underwater video camera and sediment sampling technologies. Strengthening its status as a premier provider of geophysical, hydrographic, oceanographic, geotechnical, e

about 15 years ago
USA: MHF Services Awarded Two Contracts by General Electric Company
Business & Finance

USA: MHF Services Awarded Two Contracts by General Electric Company

MHF Services (MHF), a leading provider of packaging, transportation and logistics, has been awarded two contracts by General Electric Company​ to provide railcars and railcar liners for the 2011 phase of the Hudson River Sediment Remediation Project. The Hudson River Sediment Remediation Project is

about 15 years ago
Norway: MMT Gets Moreano Survey Contract
Business & Finance

Norway: MMT Gets Moreano Survey Contract

MMT (Marin Mätteknik AB) was awarded the 2011 Mareano survey contract by the Norwegian Hydrographic Service. The survey was commenced in April – August 2011. The survey included bathymetric data acquisition and processing in area Nordland VI in the Norwegian Sea outside the Nordland region, West of

about 15 years ago
Falkland Islands: Rockhopper Spuds 14/10-7 Exploration Well
Business & Finance

Falkland Islands: Rockhopper Spuds 14/10-7 Exploration Well

Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, announces that the 14/10-7 exploration well was spudded at 06:00hrs BST on 22 August 2011. The Well is situated on Licence PL032, which is 100% owned and operated by Rockhopper. The Well is located approximately 3.

about 15 years ago
Greece: Star Bulk Takes Delivery of Capesize Vessel ‘Star Mega’
Business & Finance

Greece: Star Bulk Takes Delivery of Capesize Vessel ‘Star Mega’

Star Bulk Carriers Corp., recently announced that it has taken delivery of the Star Mega (formerly, the Megalodon), a 1994-built, 170,631 dwt Capesize vessel. The vessel is time-chartered to a multinational mining company for a remaining period of 3 years at a gross daily rate of $24,500. About Star

about 15 years ago
Bollinger Shipyard Launches U.S. Coast Guard’s 154-Foot Fast Response Cutter
Business & Finance

Bollinger Shipyard Launches U.S. Coast Guard’s 154-Foot Fast Response Cutter

The U.S. Coast Guard’s second, 154-foot Fast Response Cutter, the Richard Etheridge, was launched at Bollinger Shipyards in Lockport, La., Thursday, marking a significant milestone in the Coast Guard’s acquisition of the Sentinel- class patrol boats. While in the water, the cutter will undergo a ser

about 15 years ago
UK: Fourth Edition of ‘Best Management Practices for Protection Against Somalia Based Piracy’
Business & Finance

UK: Fourth Edition of ‘Best Management Practices for Protection Against Somalia Based Piracy’

The fourth edition of the ‘Best Management Practices for Protection against Somalia Based Piracy’ (BMP4) has been launched. Supported by all major shipping associations, the Best Management Practices provides invaluable information to help all shipping companies, ship’s masters and crew to fully pre

about 15 years ago
Insituform Technologies Wins Coating Contracts in Gulf of Mexico (USA)
Business & Finance

Insituform Technologies Wins Coating Contracts in Gulf of Mexico (USA)

Insituform Technologies, Inc. announced today that its subsidiary, The Bayou Companies, LLC , has been awarded contracts totaling approximately $5.0 million to provide the corrosion coating for the export lines delivering natural gas from the Walker Ridge Gathering System, an ultra-deepwater project

about 15 years ago
China: CNPC Successfully Manufactures First High-Strength H-Level Marine Drilling Riser
Business & Finance

China: CNPC Successfully Manufactures First High-Strength H-Level Marine Drilling Riser

On August 8, China’s first high-strength H-level marine drilling riser was successfully manufactured in CNPC Baoji Petroleum Steel Pipe Company. Test results show that all the mechanical performance indexes of the riser are in compliance with the rules and standards in DNV OS F101 Submarine Pipeline

about 15 years ago
USA: Gibbs & Cox Confirms Award of Contract for New Trailing Suction Hopper Dredger
Business & Finance

USA: Gibbs & Cox Confirms Award of Contract for New Trailing Suction Hopper Dredger

Gibbs & Cox, one of the world’s leading independent naval architecture and marine engineering firms, announced the award of a contract to support BAE Systems, Southeast Shipyards Alabama, by providing functional engineering and detailed production support during the design and construction of a hopp

about 15 years ago
OPT Deploys Autonomous PowerBuoy for US Navy Maritime Security Program
Business & Finance

OPT Deploys Autonomous PowerBuoy for US Navy Maritime Security Program

Ocean Power Technologies, Inc., a leading wave energy technology company, is pleased to announce the deployment for sea trials of a unique autonomous wave energy device, marking an important milestone in the expansion of the Company’s PowerBuoy product line. This latest deployment is an autonomous P

about 15 years ago
UK: Petrofac 1H Revenues Up 25.2 pct
Business & Finance

UK: Petrofac 1H Revenues Up 25.2 pct

Petrofac today announced results for the first six months ended 30 June 2011. FINANCIAL HIGHLIGHTS Revenue up 25.2% to US$2,711.1 million (2010 restated: US$2,165.8 million) Net profit up 6.6% to US$246.3 million (2010 restated: US$231.0 million) Earnings per share (diluted) up 6.7% to 71.84 cents (

about 15 years ago
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