Hornbeck Offshore Services, Inc. announced today that it has entered into a definitive asset purchase agreement with Superior Offshore International, Inc., a subsea construction and commercial diving services company (‘Superior’), to acquire the Superior Achiever, a T-22 class DP-3 new generation mu
Petrobras has confirmed in writing on 7 January 2008 that SBM Offshore is the winning bidder for the turnkey supply and three year operation of the FPSO P-57. This follows the declaration in December 2007 that SBM Offshore was the lowest bidder in the competitive tender.
Maersk Logistics is pleased to announce that we will be operating as a more independent business unit within the A.P. Moller – Maersk Group’s container activities. This will help us further drive customer satisfaction and sustainable profitability.
Maersk Line, the container shipping division of the A.P. Moller – Maersk Group, announces the details of its new strategy to drive the turnaround of the business and return to sustainable profitability. A long-term strategy comprising four core elements will simplify the company. It builds on the im
Deltamarin and the Brazilian offshore service company Petroserv S.A. have signed an engineering contract for the basic and detail engineering of the ‘Dynamic Producer’ (PIPA II) FPDSO for Brazilian Oilfields under a contract from Petrobras. Deltamarin has been awarded the design contract of the Engi
The Great Eastern Shipping Co Ltd. (G E Shipping) has signed a contract to sell ‘Jag Akshay’, a Panamax dry bulk carrier. The 73,350 dwt vessel, built in 1994 was inducted in the Company’s fleet in March 2007. The vessel is likely to be delivered to the buyers in Q1 FY09.
Four new super post-Panamax cranes – the largest container cranes in the world – are on their way from China to Container Berths 8 and 9 at Georgia Ports Authority’s Garden City Terminal. Too large to fit through the Panama Canal, the cranes – which left the port of Nantong in China on Christmas Eve
US Secretary of State Condoleezza Rice has described the actions of Iranian vessels which confronted the US Navy as provocative and dangerous. Iran played down the event, calling it an ‘ordinary occurrence’, but Ms Rice told the BBC there was ‘nothing normal’ about the incident.
The hunt for four sailors missing after a fishing vessel sank about 50 miles (80km) off Cornwall has been resumed by French rescue services. French and British helicopters assisted in the search for the seven crewmen from the La P’tite Julie at its last reported position south of The Lizard.
During the New Year meeting today for dredging concern Royal Boskalis Westminster nv, CEO Peter Berdowski looked back on a fantastic 2007 that broke various records. He confirmed the forecast made previously of an increase in the net profit to approximately € 200 million. Boskalis booked a record tu
Golden Ocean Group Limited has agreed to sell one of the Company’s capesize newbuildings contracted in December 2006 at Daehan Shipbuilding Co., South Korea. The vessel is sold for net sale proceeds of $121.4 million and delivery to the buyers is expected to take place in August 2008.
Subsea 7 Inc, one of the world’s leading subsea engineering and construction companies, announced today that it has been awarded a contract by Petrobras America, a subsidiary of Petrobras (NYSE: PBR/PBRA) for installation works in the deepwater Cascade & Chinook fields in the Gulf of Mexico. The con
Ports operator DP World has announced a $32 million (Dh117.5m) investment plan in Mozambique port of Maputo, through a partnership with Grindrod International Ltd and Mozambique Gestores SARL.
Jan de Nul, a non-listed competitor of Dutch dredger Boskalis Westminster NV, says that its Vasco da Gama dredger, one of the biggest in the world, has been damaged by fire, adding that it could take up to four months before the vessel is back in action.
