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The Netherlands: DAMEN Presents New Approach to Deep Sea Dredging
Business & Finance

The Netherlands: DAMEN Presents New Approach to Deep Sea Dredging

The new flexible dredging concept is the answer to increasing demand for raw materials while sand winning locations are located further from shore at increased dredging depths. The RoRo Deep Dredge, which can work up to -200 m dredging depth, has specifically been designed to meet this demand and to

12 minutes read
USA: Ensco Finalizes Acquisition of Pride International
Business & Finance

USA: Ensco Finalizes Acquisition of Pride International

Ensco plc announced the completion of its acquisition of Pride International, Inc. after both companies received overwhelming shareholder approvals at special meetings held earlier today. The combination establishes Ensco as the world’s second largest offshore drilling company and the clear leader i

about 15 years ago
Singapore: Otto Marine Receives Cancellation of Order for Construction of AHTS Vessel
Business & Finance

Singapore: Otto Marine Receives Cancellation of Order for Construction of AHTS Vessel

The Board of Directors of Otto Marine Limited (the “Company”) refers to (a) its earlier announcement dated 23 December 2010 in relation to the filing of a notice of arbitration by its wholly-owned subsidiary, Otto Offshore Limited (“Otto Offshore”) on certain Mosvold related entities, and (b) the su

about 15 years ago
Greece: Box Ships Inc Takes Delivery of Container Vessel CMA CGM Marlin
Business & Finance

Greece: Box Ships Inc Takes Delivery of Container Vessel CMA CGM Marlin

Box Ships Inc., a global shipping company specializing in the transportation of containers, announced today that it has taken delivery of the CMA CGM Marlin, a 5,095 TEU container vessel built in 2007, from a company owned by its Chairman, President and CEO, Mr. Michael Bodouroglou. The CMA CGM Marl

about 15 years ago
USA: Ensco Finalizes Acquisition of Pride International
Business & Finance

USA: Ensco Finalizes Acquisition of Pride International

Ensco announced the completion of its acquisition of Pride International, Inc. after both companies received overwhelming shareholder approvals at special meetings held earlier today. The combination establishes Ensco as the world’s second largest offshore drilling company, Ensco said. Under the ter

about 15 years ago
UK: Foster Wheeler Receives RoSPA’s Order of Distinction Award
Business & Finance

UK: Foster Wheeler Receives RoSPA’s Order of Distinction Award

Foster Wheeler AG announced today that the UK subsidiary of its Global Engineering and Construction Group has been awarded, for the fourth year running, the prestigious Order of Distinction Award for Occupational Health and Safety by the UK’s Royal Society for the Prevention of Accidents (RoSPA), an

about 15 years ago
Ireland Hosts Seminar on International Fisheries Protection
Business & Finance

Ireland Hosts Seminar on International Fisheries Protection

The Irish Sea-Fisheries Protection Authority (SFPA) facilitated a seminar from the Community Fisheries Control Agency (CFCA) at the National Maritime College of Ireland (NMCI) last week at Ringaskiddy, Co Cork on Monitoring, Control and Enforcement in the North East Atlantic Fisheries area. This was

about 15 years ago
‘Dirty Blizzard’ Provide Troubles to Scientists Studying Oil Spill in Gulf of Mexico (USA)
Business & Finance

‘Dirty Blizzard’ Provide Troubles to Scientists Studying Oil Spill in Gulf of Mexico (USA)

Soon after the BP gusher was plugged last summer, the oil seemed to vanish as if entirely eaten by bacteria, evaporated by hot sun and sea… (orlandosentinel) [mappress] Source: orlandosentinel,May 31, 2011;

about 15 years ago
Noble Energy Encounters Oil Pay at Santiago Prospect, U.S. Gulf of Mexico
Business & Finance

Noble Energy Encounters Oil Pay at Santiago Prospect, U.S. Gulf of Mexico

Noble Energy, Inc. announced today a discovery at the Santiago exploration prospect in the deepwater Gulf of Mexico. The well, located in 6,500 feet of water on Mississippi Canyon Block 519, was drilled to a total depth of approximately 18,920 feet. Open-hole logging identified approximately 60 feet

about 15 years ago
Norway: Atlantic Bulk Carriers Management Selects Seagull Training System
Business & Finance

Norway: Atlantic Bulk Carriers Management Selects Seagull Training System

Atlantic Bulk Carriers Management Ltd. has selected Seagull as their onboard training provider using the Seagull Training System (STS) for their bulk fleet and for their head managing office in Greece and manning office in Philippines. Atlantic Bulk Carriers Management Ltd. places great importance o

about 15 years ago
USA: McDermott Wins USD 50 Million Pipeline Installation Contract from PEMEX in Gulf of Mexico
Business & Finance

USA: McDermott Wins USD 50 Million Pipeline Installation Contract from PEMEX in Gulf of Mexico

McDermott International, Inc, announced that one of its subsidiaries was awarded a contract by PEMEX Exploración y Producción for procurement, construction and installation of three oil and gas pipelines ranging from 8 to 20 inches in diameter, in Mexico’s Bay of Campeche. The contract is valued at

about 15 years ago
McDermott Lands USD 50 Million Subsea Pipeline EPCI Contract from Pemex, Mexico
Business & Finance

McDermott Lands USD 50 Million Subsea Pipeline EPCI Contract from Pemex, Mexico

McDermott International, Inc. , announced today that one of its subsidiaries was awarded a contract by PEMEX Exploración y Producción for procurement, construction and installation of three oil and gas pipelines ranging from 8 to 20 inches in diameter, in Mexico’s Bay of Campeche. The contract is va

about 15 years ago
Australia: Incat Crowther Announces its Involvement in New Motor Yacht Project
Business & Finance

Australia: Incat Crowther Announces its Involvement in New Motor Yacht Project

Incat Crowther announce its involvement in an exciting new motor yacht project. The Curvelle quaranta is a 33m Catamaran yacht currently under construction that has brought together a team of world leading design and engineering firms to create a modern, flexible and efficient yacht concept. Logos M

about 15 years ago
Saudi Arabia: UASC Takes Loan of USD 205 million to Finance Acquisition of Two Vessels
Business & Finance

Saudi Arabia: UASC Takes Loan of USD 205 million to Finance Acquisition of Two Vessels

United Arab Shipping Company (UASC) announced the conclusion of a $205 million term loan facility with Société Générale Corporate & Investment Banking (SG CIB), acting as Mandated Lead Arranger, and KSURE Agent, on a French Tax structure to finance the acquisition of two A13 (13,100 TEU) vessels out

about 15 years ago
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