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News

Are polar cruises safe? Not all ships are equal
News

Are polar cruises safe? Not all ships are equal

The recent sinking of the MS Explorer cruise ship in Antarctica has spotlighted the dangers of operating passenger vessels in remote polar areas. The ice-reinforced Explorer was a veteran of the polar cruise-ship trade. It had made dozens of voyages to the Arctic and Antarctic since 1969, safely tra

about 19 years ago
Stena Perros naming ceremony at Brodosplit Shipyard
News

Stena Perros naming ceremony at Brodosplit Shipyard

Today Concordia Maritime’s product tanker Stena Perros, a so-called P-MAX tanker, will be named at Brodosplit Shipyard in Croatia. The Stena Perros, like her sisters Stena Paris and Stena Provence, both of which were built and named at Brodosplit, has been chartered to the French oil and energy comp

about 19 years ago
Search for missing fisherman ends
News

Search for missing fisherman ends

Coastguards have called off the search for a fisherman who is missing and feared dead in the English Channel after a trawler ran into difficulties.

about 19 years ago
Shell takes over operatorship of major European gas field
News

Shell takes over operatorship of major European gas field

On 1 December 2007 A/S Norske Shell (Shell) will assume responsibility for operations on the recently opened Ormen Lange gas field off the coast of Norway. Until the handover Norsk Hydro led the Ormen Lange development while Shell was responsible for well delivery, subsurface and operations readines

about 19 years ago
Tano Capital Invests $15 Million in ABG Motors to Fund Italian Acquisition
News

Tano Capital Invests $15 Million in ABG Motors to Fund Italian Acquisition

Tano Capital, LLC, a global alternative assets firm, has invested $15 million in Mumbai-based ABG Motors, a newly created arm of ABG Engineering & Construction, through its affiliate in a private equity transaction. ABG Motors is part of India’s largest private sector ship builder, ABG Shipyards,

about 19 years ago
South Korea’s STX wins $264 mln ship order
News

South Korea’s STX wins $264 mln ship order

On Friday it had secured a 245 billion won ($263.9 million) order from the Middle East to build four petrochemical products tankers.

about 19 years ago
Giant Aussie cruise ship enters home port
News

Giant Aussie cruise ship enters home port

THE biggest cruise ship ever to be based in Australia docked in her new Melbourne home for the first time today. The Sun Princess, weighing 77,000 tonnes and carrying 1950 passengers and 900 crew, pulled in to Melbourne for the day as part of her maiden Australian voyage circumnavigating the country

about 19 years ago
Stricken ship rescued
News

Stricken ship rescued

A CONTAINER ship broke down due to engine failure en-route to the Tyne from Scotland. The Northsea Trader was forced to call on the Port of Tyne for help when its engines failed on its approach to the mouth of the Tyne yesterday morning at about 10am.

about 19 years ago
Appraisal of North Sea oil find
News

Appraisal of North Sea oil find

StatoilHydro ASA has concluded drilling of exploration well Ragnarrock 2 (16/2-4), in the North Sea. The well lies 35 kilometres east of the Gudrun field and 30 kilometres south of the Grane field. StatoilHydro completed Ragnarrock 1 (well 16/2-3) in mid-September 2007. The aim with Ragnarrock 2 was

about 19 years ago
Aker Kvaerner: Financial targets towards 2010
News

Aker Kvaerner: Financial targets towards 2010

At Aker Kvaerner’s Capital Markets Day 30 November 2007, the company announced the following: Revenue For the top line revenues, Aker Kvaerner expects a flat development in 2008 compared to 2007, and an annual growth of eight to ten per cent for 2009 – 2010.

about 19 years ago
Pluto umbilical deal to Aker Kvaerner
News

Pluto umbilical deal to Aker Kvaerner

Aker Kvaerner has been awarded a contract to supply steel tube umbilicals to Woodside Petroleum’s Pluto field. The contract is worth approximately NOK 105 million. The contract follows last week’s announcement that Aker Kvaerner had signed a 3+1+1 year frame agreement with Woodside to become the Aus

about 19 years ago
Delineation of oil discovery in the North Sea
News

Delineation of oil discovery in the North Sea

StatoilHydro ASA, operator for Production Licence 265, has concluded the drilling of appraisal well 16/2-4. In mid September 2007, StatoilHydro proved light oil with well 16/2-3 in low-permeability chalk in the Upper Cretaceous reservoir rocks. Discovery 16/2-3 is located 35 km east of the discovery

about 19 years ago
Cosco Busan getting giant steel Band-Aid at San Francisco shipyard
News

Cosco Busan getting giant steel Band-Aid at San Francisco shipyard

The repairs consist of welding steel to the side of the ship – a procedure called a soft patch – to make sure the vessel can withstand operation in the open sea. The patch, industry sources said, is 230 feet long by about 14 feet wide and will use 100,000 pounds of steel. While authorities […

about 19 years ago
Transas new-generation VDR/S-VDR 3200 receives type-approval
News

Transas new-generation VDR/S-VDR 3200 receives type-approval

Transas has been awarded type-approval by QinetiQ, acting on behalf of the Maritime and Coastguard Agency (MCA), for the Transas VDR/S-VDR 3200 Voyage Data Recorder. The QinetiQ type approval certifies that the Transas system meets the performance standards of the International Maritime Organisation

about 19 years ago
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