The Board of Directors of Ezion Holdings Limited (the “Company” or “Group”)announced that its joint venture company, “Atlantic Labrador Pte Ltd” (“Atlantic”) has secured a charter contract with a value of up to USD 73.0 million over a 4 year period to provide a North Sea Class accommodation jack-up
Hibernia Atlantic, the only American-owned, diverse transatlantic high bandwidth connectivity provider, announces another important milestone in its Project Express cable build; its deep-sea submarine survey is now underway. A critical step in this historic build, the submarine survey will use speci
Diana Containerships Inc., a global shipping company specializing in owning and operating containerships, today announced that the Company has taken delivery on June 14, 2011 of a Panamax container vessel, the m/v “Maersk Madrid,” a 1989-built vessel of 4,206 TEU capacity. As previously announced, t
Teekay Corporation today announced that Mr. Bill Berry has accepted an invitation to join Teekay’s Board of Directors, effective immediately. Mr. Berry replaces Mr. J. Rod Clark who has announced his retirement from the Teekay Board after serving as a Director since 2006. Mr. Berry brings considerab
Rolls-Royce, the global power systems company, today announced orders worth over £100 million to supply propulsion systems for offshore construction and drilling vessels. The ships will be built at shipyards in Asia for a range of ship owners including Seadrill, Pacific Drilling, Noble, Ocean Rig an
ConocoPhillips today announced it has signed a Production Sharing Contract (PSC) with the Government of Bangladesh and Petrobangla covering two blocks in the deepwater area of the Bay of Bengal, representing ConocoPhillips’ first investment in the People’s Republic of Bangladesh. ConocoPhillips hold
On 15 June 2011, DNV signed a MoU with the Korea Finance Corporation (KoFC) to cooperate on verification of the green ships. Earlier this month, Korea Finance Corporation has announced the green ship finance plan that incentives including a form of lower interest rates on loans will be provided to t
Rolls-Royce, the global power systems company, today announced orders worth over £100 million to supply propulsion systems for offshore construction and drilling vessels. The ships will be built at shipyards in Asia for a range of ship owners including Seadrill, Pacific Drilling, Noble, Ocean Rig an
The Alstom Board has approved a major reorganisation of the company proposed by Patrick Kron, Chairman and Chief Executive Officer of Alstom. This reorganisation is effective on 4 July 2011. Alstom has undergone a period of strong growth, followed by the necessary adaptation to a tougher economic en
The Directors to Kvaerner’s Board have been elected. From Kvaerner’s first day of trading on the Oslo Stock Exchange in July 2011, the Board of Directors will consist of five shareholder-elected members as well as three members elected by Kvaerner’s employees. The shareholder-elected members are Kje
GE Oil & Gas announces that its Wellstream business, acquired in March, has been awarded a long-term, flexible pipe and subsea equipment logistics services contract by Petróleo Brasileiro S.A. (Petrobras), one of the largest companies in Latin America which also controls significant energy assets in
The Directors to Kvaerner’s Board have been elected. From Kvaerner’s first day of trading on the Oslo Stock Exchange in July 2011, the Board of Directors will consist of five shareholder-elected members as well as three members elected by Kvaerner’s employees. The shareholder-elected members are Kje
On May 20, CCCC Second Harbor Consultants Co., Ltd. and CCCC First Harbor Engineering Co., Ltd. jointly won the EPC (engineering, purchase and construction) project of Shandong LNG Dock and land area formation works, with total value of RMB 857 million. The building size of Shandong LNG Dock project
STX OSV Holdings Limited , one of the major global designers and shipbuilders of offshore and specialized vessels, announced today that it has entered into a joint venture with Industrial Control Design AS (“ICD”) of Norway to establish a new company for the development of offshore handling systems.
