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News

Sterling Resources Discovers Hydrocarbons in UK North Sea
News

Sterling Resources Discovers Hydrocarbons in UK North Sea

Sterling Resources Ltd.announced the successful drilling of the Cladhan sidetrack well located on Block 210/29a in the United Kingdom North Sea, some 225 miles north east of Aberdeen, Scotland, in 536 feet water depth. Sterling holds a 39.9% interest and is the operator of the License P1064. Partner

about 16 years ago
Even better Performance Monitoring with new module OCTOPUS-onboard
News

Even better Performance Monitoring with new module OCTOPUS-onboard

OCTOPUS-Onboard is extended with a module that constitutes a new dynamic approach to voyage planning. It combines onboard measurements and forecasts with a new algorithm which will assist the Master to reach the destination by choosing the route with the lowest resistance and cruising with the optim

about 16 years ago
Yangtze River now world’s busiest shipping river
News

Yangtze River now world’s busiest shipping river

The Yangtze River has become the world’s busiest navigable river, according to China Youth Daily. Along with the deepening of China’s opening up policy, the number of the foreign ships that sail into the Yangtze River, Asia’s largest river, increased sharply from an average of hundreds per year at t

about 16 years ago
India plans to triple its port capacity
News

India plans to triple its port capacity

India, Asia’s third biggest economy, plans to triple port capacity within a decade as it tackles infrastructure deficiencies that threaten to damp growth. The country needs “urgent action” to ensure that it has sufficient seaport capacity, Secretary of Shipping K. Mohandas said in an interview last

about 16 years ago
Long-Haul Container Shipping Profits to Decline, Citigroup Says
News

Long-Haul Container Shipping Profits to Decline, Citigroup Says

Profits at long-haul container shipping companies will peak this quarter and decline by an average 40 percent in 2011, according to Citigroup Inc.’s Rigan Wong and Ally Ma in a report today.

about 16 years ago
Singapore: Keppel AmFELS Maintains Perfect Track Record with Second Rowan Rig
News

Singapore: Keppel AmFELS Maintains Perfect Track Record with Second Rowan Rig

Keppel AmFELS L.L.C., the U.S. wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), is on track to deliver the second of four EXL rigs to Rowan Drilling Companies, Inc. (Rowan) on time, within budget and with zero lost-time incidents. The rig, christened Rowan EXL-II last Friday

about 16 years ago
UK fishing industry set for fish price slump
News

UK fishing industry set for fish price slump

Scottish fishing communities can expect more hardship this autumn when Iceland increases its cod quota and floods the market, pushing down the price of fish, industry leaders have warned. With the fishing industry in the midst of a so-called “mackerel war” that has seen Icelandic fishermen compared

about 16 years ago
DOF bags Shtokman deal
News

DOF bags Shtokman deal

Bergen-based DOF Subsea Norway has bagged an important contract at the Shtokman field. DOF Subsea’s vessel Geobay will deliver a complimentary offshore geotechnical survey, and will start in September.

about 16 years ago
Deepwater Joint Investigation Concludes 4th Day
News

Deepwater Joint Investigation Concludes 4th Day

The Deepwater Horizon joint investigation concluded the fourth day of the fourth session of hearings August 26 into the circumstances surrounding the explosion, fire, pollution and sinking of the Mobile Offshore Drilling Unit Deepwater Horizon, with multiple loss of life in the Gulf of Mexico on Apr

about 16 years ago
Hyde Marine Awarded Multiple Ship Ballast Water Management Contract
News

Hyde Marine Awarded Multiple Ship Ballast Water Management Contract

Hyde Marine Inc. has announced the award of a contract from a leading South Korean shipyard to supply Hyde GUARDIAN® Ballast Water Treatment (BWT) Systems for multiple 157,000 DWT Suez Max Crude Oil Tankers being built for a major Greek ship owner. Ten Hyde GUARDIAN ship-sets will be delivered from

about 16 years ago
Iconovista merges with Northrop & Johnson
News

Iconovista merges with Northrop & Johnson

Singapore’s Iconovista Yachts has announced that it is merging with international global yachting brand Northrop & Johnson. Northrop & Johnson is one of the world’s oldest yacht brokerage firms, with offices in over 20 countries. Formed in 1949 out of the New York Yacht Club, the company handles yac

about 16 years ago
Dredging on Shrewsbury River Kicks Off
News

Dredging on Shrewsbury River Kicks Off

Dredging is scheduled to begin today on parts of the Shrewsbury and Navesink rivers. U.S. Rep. Frank Pallone, D-N.J., announced the dredging Friday. The U.S. Army Corps of Engineers will use one of its dredges to remove about 60,000 cubic yards of sand and place it just offshore of the Sandy Hook be

about 16 years ago
Canada rescues cruise ship in Arctic Ocean
News

Canada rescues cruise ship in Arctic Ocean

Passengers aboard a cruise ship that ran aground on a rock in the Arctic Ocean on August 27 are finally being ferried to a small town called Kagluktuk by the Canadian Coast Guard. The ‘Clipper Adventurer’ is carrying 128 passengers and 68 crewmembers, all of who are safe. The vessel has a slight lis

about 16 years ago
Norway: Statoil Gets Green Light to Conduct Exploration Drilling with Ocean Vanguard – Well 15/6-11 S
News

Norway: Statoil Gets Green Light to Conduct Exploration Drilling with Ocean Vanguard – Well 15/6-11 S

Statoil has received consent to conduct exploration drilling in the North Sea with the mobile facility Ocean Vanguard. The consent relates to the drilling of exploration well 15/6-11 S, as well as an option to drill a sidetrack. The well is part of production licence 303 and is located approx. 17 ki

about 16 years ago
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