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Dyneema Polyethylene Fiber Rope Sucessefully Carries Out Shipwreck Salvage Operation (USA)
Business & Finance

Dyneema Polyethylene Fiber Rope Sucessefully Carries Out Shipwreck Salvage Operation (USA)

A salvage operation on a ship wreck 3200 meters below the surface of the South Atlantic has been successfully carried out thanks to the use of lightweight ropes made with Dyneema® ultra-high molecular weight polyethylene fiber. Dyneema® fiber, the world’s strongest fiber™, is manufactured by DSM Dyn

about 15 years ago
Jamaica: CMA CGM Group Inks MOU for Operation of Gordon Cay Container Terminal
Business & Finance

Jamaica: CMA CGM Group Inks MOU for Operation of Gordon Cay Container Terminal

The CMA CGM Group announces the signing of a Memorandum of Understanding (MOU) for the operation, equipment and expansion of the Gordon Cay Container Terminal in the Jamaican port of Kingston, for a minimum period of 35 years. The project to develop the terminal will be based on the existing facilit

about 15 years ago
MBARI Secures Software for New ALOHA Ocean Observatory (USA)
Business & Finance

MBARI Secures Software for New ALOHA Ocean Observatory (USA)

On June 6, 2011 the ALOHA Cabled Observatory (ACO) “went live,” returning data from instruments on the deep seafloor, about 60 nautical miles north of Oahu, Hawaii, and 4,800 meters below the ocean surface. Funded by the University of Hawaii and the National Science Foundation (NSF), the ALOHA obser

about 15 years ago
USA: BMT, Petrobras Sign Contract for Cascade and Chinook FSHR Monitoring System Services
Business & Finance

USA: BMT, Petrobras Sign Contract for Cascade and Chinook FSHR Monitoring System Services

BMT Scientific Marine Services (BMT), a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has been contracted by Petrobras America Inc., a subsidiary of Petrobras, to provide support maintenance and repair for the Cascade and Chinook

about 15 years ago
BMT, Petrobras Sign 5 Year Contract for Cascade and Chinook FSHR Monitoring System Services (USA)
Business & Finance

BMT, Petrobras Sign 5 Year Contract for Cascade and Chinook FSHR Monitoring System Services (USA)

BMT Scientific Marine Services (BMT), a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has been contracted by Petrobras America Inc., a subsidiary of Petrobras, to provide support maintenance and repair for the Cascade and Chinook

about 15 years ago
Spain: Ocean Group Acquires Tug Boat from Astilleros Armon Shipyard
Business & Finance

Spain: Ocean Group Acquires Tug Boat from Astilleros Armon Shipyard

Spanish builder Astilleros Armón recently delivered one tug boat powered by two MAN 7L27/38 four-stroke engines and is close to delivering another powered by two similar 9L27/38 engines. The vessels are bound for separate companies of the Italian ‘Ocean Group’. The first project involved the constru

about 15 years ago
Finland: IMO Adopts HELCOMs Proposal to Ban Sewage Discharge from Ships in Baltic Sea
Business & Finance

Finland: IMO Adopts HELCOMs Proposal to Ban Sewage Discharge from Ships in Baltic Sea

– The Baltic Sea Action Plan milestone makes Baltic the first sea in the world designated by IMO as a Special Area for sewage discharges; – all HELCOM countries active in backing up the proposal; – regulations adopted in record time in July 2011 The HELCOM Maritime Group proposal to ban all sewage d

about 15 years ago
Denmark: Maersk Posts 1H 2011 Results
Business & Finance

Denmark: Maersk Posts 1H 2011 Results

Danish shipping and oil group A.P. Møller – Mærsk today announced results for for the first half of 2011. Revenue for the period increased by 9% to USD 29.9bn (USD 27.4bn), primarily due to higher oil prices and container volumes. Profit for the period was 8% higher at USD 2.7bn (USD 2.5bn), positiv

about 15 years ago
UK: GustoMSC Contracts Seajacks to Provide Basic Design for Two Self-Propelled Jack-Ups
Business & Finance

UK: GustoMSC Contracts Seajacks to Provide Basic Design for Two Self-Propelled Jack-Ups

In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-b

about 15 years ago
COSL to Publish Interim Results 2011 (China)
Business & Finance

COSL to Publish Interim Results 2011 (China)

China Oilfield Services Limited “COSL” or the “Company”, will publish Company’s Interim Results 2011 on an analyst presentation on 24 August 2011 Wednesday. COSL is the leading integrated oilfield services provider in the offshore China market. Its services cover each phase of offshore oil and gas e

about 15 years ago
USA: CGGVeritas Appoints New Vice President of Operations
Business & Finance

USA: CGGVeritas Appoints New Vice President of Operations

CGGVeritas has appointed Tim Brooks as Vice President of Operations, North America for the Land Division. Mr. Brooks joined CGGVeritas on August 1, 2011 and will assume responsibility for the Land acquisition organization in North America. He will be based in Houston, Texas. With more than 25 years

about 15 years ago
Australia: Mermaid Marine Profit Up 37 pct
Business & Finance

Australia: Mermaid Marine Profit Up 37 pct

The Directors of Mermaid Marine Australia Ltd announced another year of strong earnings growth. Net Profit after Tax (NPAT) for the year increased by 37% to $43.2 million and Earnings per Share (EPS) increased by 24% to 21.1c per share . The Directors also announced a final dividend of 5c per share

about 15 years ago
China: In One Month Jiangsu Shipyard Sends Third New Ship for Sea Trial
Business & Finance

China: In One Month Jiangsu Shipyard Sends Third New Ship for Sea Trial

Two days ago, on August 15, the 57000t bulk carrier(CIS57000/B-06) built by China Shipping Industry (Jiangsu) Co., Ltd. smoothly drew out from No.3 outfitting quay for sea trial. The ship has been included in the delivery plan as the twelfth ship to be delivered this year, which is also the third ne

about 15 years ago
Scotland: NorWind Installer Provides Vessel for Tidal Energy Foundation Installation
Business & Finance

Scotland: NorWind Installer Provides Vessel for Tidal Energy Foundation Installation

NorWind Installer (NWI) provided the construction vessel “North Sea Giant” owned by North Sea Shipping when BAUER Renewables Ltd., a subsidiary of BAUER Spezialtiefbau GmbH, successfully installed a drilled-in monopile foundation structure for a tidal energy turbine at the offshore test site of the

about 15 years ago
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