San Diego-based energy company and LNG operator Sempra Energy on Wednesday reported adjusted earnings of US$259 million, 4.4 percent up on the corresponding quarter in 2015.
Pacific Radiance, a provider of integrated offshore marine support services, has won a long-term charter in Mexico worth $73 million, including options. Delivered in 2016, the maintenance work boat (MWB) is the group’s third vessel to operate in Mexico, adding to its two anchor handling tug supply (
Royal Research ship (RRS) James Cook embarked on an expedition on October 28, to discover new sources of the rare metals critical for low carbon technologies. HR Wallingford scientists, Jon Taylor and Neil Crossouard, joined the expedition on board the research vessel as it heads south west from the
DOF Rederi, a subsidiary of Norwegian shipping company DOF, has sold and delivered its anchor handling tug and supply (AHTS) vessel Skandi Stord to an undisclosed foreign buyer. DOF announced the sale of the vessel on Tuesday without revealing the client or financial terms of the contract. This is t
Jawar Al Khaleej Shipping (JAK), a provider of specialist services to the offshore oil and gas sector in the Persian Gulf, has signed a contract with Damen Shipyards Group, for the supply of three vessels at this year’s Seatrade Maritime Middle East Exhibition taking place in Dubai. Damen said on Tu
Subsea 7 contracted STATS Group to provide positive isolation of pressurised mechanically lined BuBi pipe to facilitate reeling onto a pipe lay vessel at their facility in Norway, prior to installation at the Aasta Hansteen gas field. Subsea 7 were contracted to perform the tow-out and hook-up of th
Japan’s Nisshin Shipping has entered into an agreement to sell its 2012-built Capesize bulk carrier to Greek shipping firm Capital Maritime and Trading, according to data provided by VesselsValue. The 180,000 dwt Gran Trader, which features a length of 292 meters and a width of 45 meters, was purcha
The South African 2016/17 cruise season began on November 1, 2016, with the arrival of the first international cruise liner, MSC Sinfonia, at the Port of Durban. Carrying around 2,600 European and South African passengers, the vessel owned by Geneva-based MSC Cruises arrived at the South African por
Harris Corporation has entered into a definitive agreement with satellite communications and network service provider SpeedCast International under which SpeedCast will acquire Harris’ CapRock Communications business for $425 million in cash. Houston-based CapRock is a provider of managed satellite,
Dutch crane specialist Huisman has recently won a contract from Singapore’s Jurong Shipyard to supply a pedestal-mounted offshore crane for the LNG-powered semi-submersible crane vessel Sleipnir. Huisman said in a statement it will deliver one 100 mega-tonne PMOC to the Jurong shipyard for the Sleip
London-based Ophir Energy can move forward with its Fortuna FLNG project off the coast of Equatorial Guinea without new partners, due to declining cost estimates.
TE SubCom, a TE Connectivity company, has completed the U.S. shore landing for the Monet Submarine Cable, a 10,556 km cable that will connect Boca Raton, Florida to Fortaleza and Praia Grande, Brazil. The 100G-capable cable system, owned jointly by Algar Telecom, Angola Cables, ANTEL and Google, wil
Shipping company Navig8 Product Tankers has reported a net loss of USD 5.8 million in the third quarter of the year, against a net income of USD 17.8 million seen a year earlier, amid weak product tanker markets. “Product tanker markets exhibited weakness in the third quarter due to high inventory l
InterMoor has added inspection and testing capabilities to its marine base at the Açu Superport in São João da Barra, Rio de Janeiro, Brazil. The base now boasts a 1,000-ton test bed and can perform load and breaking test for chain, wire rope, and mooring accessories up to 800t SWL. The inspection,
