Keppel FELS Limited has secured a repeat order from Transocean Offshore Deepwater Holdings Ltd, a subsidiary of Transocean Ltd. for US$195 million. Following its order of two jack-up rigs from Keppel FELS on 17 February 2011, Transocean is exercising its option to build another high specification ja
Yesterdayday in Khabarovsk, Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee moderated a meeting dedicated to building up the Company’s resource base in the Far East. The meeting participants were informed that the Kolskaya jack-up floating drilling rig made in Russia had bee
KCA DEUTAG announced it has acquired Global Tender Barges Pte Ltd (GTB) by increasing its shareholding from 10 to 100%. GTB based in Singapore owns three self-erect tender barges, the Global Emerald, Global Jade and Global Sapphire, which KCA DEUTAG has operated on behalf of GTB, since early 2008, u
Wales’ first full scale tidal stream energy generator will be deployed in 2012, having secured £6.4M support from the European Regional Development Fund through the Welsh Government. First Minister Carwyn Jones announced the funding for Tidal Energy Ltd’s 1.2MW DeltaStream device on a visit to Pembr
Wales’ first full scale tidal stream energy generator will be deployed in 2012, having secured £6.4M support from the European Regional Development Fund through the Welsh Government. First Minister Carwyn Jones announced the funding for Tidal Energy Ltd’s 1.2MW DeltaStream device on a visit to Pembr
Bangladesh will face internet disruption in the wee hours of August 9 when the lone submarine cable goes under repair, a government official… (bdnews24) [mappress] Source: bdnews24, August 5, 2011;
Leading German heavy lift shipping company BBC Chartering announces the commencement of a new monthly liner service that connects Asia with North America. With the new service, BBC Chartering aims to further strengthen its position in the liner segment of the global project cargo, break‐bulk and hea
Tidewater Inc. announced today first quarter net earnings for the period ended June 30, 2011, of $24.6 million, or $0.48 per share, on revenues of $254.6 million. For the same quarter last year, net earnings were $39.8 million, or $0.77 per share, on revenues of $262.5 million. The immediately prece
Starting of works over new shipbuilding project was marked for Zaliv by complex preparation process. Order, initially placed on SevMorZavod for construction of the vessel for offshore supply of drilling platforms (project 832 CD from design bureau of famous shipbuilding group Havyard International A
Just a year after Exuma, the 50m Picchiotti M/Y, was consigned the Perini Navi Group has launched Galileo G, a 55m Picchiotti Ice Class motor yacht from the Vitruvius® series. The yacht, launched on July 10th, is the second of three motor yachts sold by the Group. It has been built in collaboration
Huntington Ingalls Industries announced today that its Newport News Shipbuilding (NNS) division has partnered with The Mariners’ Museum to share the shipyard’s history through a collection of 51 photographs. The exhibit, named “Always Good Ships,” will be open to the public Aug. 6 through Oct. 31. “
WindMW GmbH, a company majority owned by funds managed by Blackstone , has completed the financing for “Meerwind,” the largest German offshore wind farm to complete its full financing process. Meerwind is also the first German wind farm to be fully financed by private investors. The 80 turbine wind
Wave energy developer Carnegie Wave Energy Limited has completed its detailed site evaluation and conceptual design study of a proposed 5MW CETO commercial demonstration project in Irish waters. The conceptual design and site project study was 50% funded by the Irish Government’s Sustainable Energy
Naval Architect Sam Stevens, from BMT Nigel Gee Ltd, a subsidiary of BMT Group Ltd the leading international maritime design, engineering and risk management consultancy recently undertook one of the biggest engineering challenges of his career to date. Sam was part of a team of four competing in th