Oceaneering International in the US has announced it was the high bidder to acquire DMT Sapphire from an affiliate of Deep Marine Technology (DMT), under a bankruptcy-sponsored auction proceeding. The bid was US$16.5 million. A bankruptcy court hearing to approve the sale of the class 2 dynamically
Acergy S.A. announced today the award of a contract valued at approximately $120 million, offshore Nigeria in shallow water depths. This contract includes the removal of existing risers and the installation of approximately 15km of new pipelines and associated risers, together with associated diving
Chennai : The Indian Oil Corporation and the Tamil Nadu Industrial Development Corporation have submitted a proposal to the Tamil Nadu gover… [mappress] Source: newkerala, May 25, 2010
Federal Environment Minister Jim Prentice said Monday cordial relations with Greenland will help ensure it adheres to high environmental… [mappress] Source:Calgaryherald , May 25, 2010;
Mediterranean Shipping Company (MSC) signed a 5-year contract renewal for Business VPN, a fully-managed, secure, global IP infrastructure from Orange Business Services. The solution provides MSC an MPLS-based network for 65 sites in 30 countries. Additionally, the shipping company will test the Mari
UK supermarkets need to make it easier for the growing number of ethical consumers to buy sustainably sourced fish by improving labelling and ultimately removing unsustainable fish from the shelves. That is the conclusion of a new survey published in consumer magazine Which? this week, which found t
A Malaysian tanker and a ship collided Tuesday morning near the Malaysian and Singaporean waters resulting in an oil spill. Singapore’s ports authority said in a press release that tanker MT Bunga Kelana 3 and the bulk carrier MV Waily collided in Singapore Strait.
The fifth edition of the World Superyacht Awards 2010 was held at London’s Guildhall on Saturday 22nd May. Feadship’s motor yacht Pegasus won Best Refitted Yacht, whilst the iconic Trumpy yacht Freedom received a Judges’ Special Rebuild Award and sailing yacht Necker Belle was awarded a Judges’ Spec
Russian shipyards are ready to build Mistral class helicopter carriers whenever they receive orders from the military, industry officials said on Monday. Russian Defense Minister Anatoly Serdyukov said earlier on Monday that Russia had reached the final stage of pre-contract talks with France, Spain
The cruise vessel Deutschland suffered an engine room fire last Sunday. Over 360 passengers had to be evacuated from the 175 metre long vessel, built in 1998. According to unconfirmed Norwegian newspaper reports, a number of passengers were taken to hospital by ambulance.
BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. Subsea efforts continue to focus on progressing options to stop the flow of oil from the well through interventions via the MC252 blow out preventer (BOP) and to collect the flow of oil
The Honourable Rob Merrifield, Minister of State (Transport), Rob Crosbie, chair of Marine Atlantic Inc.’s (MAI) board of directors, and Wayne Follett, president and chief executive officer of MAI, announced that Marine Atlantic has reached an agreement with Stena Group of Companies to charter two n
Royal Boskalis Westminster N.V. has been awarded a contract for the construction of a new LNG (liquefied natural gas) port at Swinoujscie near Szcecin, Poland. The total contract value is approximately € 170 million with Boskalis’ share amounting approximately € 75 million. The contract was awarded
The Offshore Valuation Group has just released the Offshore Valuation, the first comprehensive valuation of the UK’s offshore renewable energy resource over the long-term. The Offshore Valuation Group is an informal collaboration of government and industry organisations that has commissioned an inde
