Dutch shipping group Koninklijke Nedlloyd NV finalized the sale of its heavy transport arm Mammoet Groep to unlisted Dutch sector peer Van Seumeren Holland BV. Italy's Decafin SpA has also handed over its 33 percent stake in Mammoet to Van Seumeren, Nedlloyd said. As announced in May, the deal involves a total sum of $104.5 million, of which Nedlloyd will receive about $80 million euros.
Dutch shipping and tank storage firm Vopak NV said a member of its executive board had resigned due to "differences of opinion" regarding the company's future. Van Westenbrugge's resignation follows that of former vice-president Roelof Hendriks, who left the company last month in a dispute over the direction of the company, Vopak said.
Dutch shipping and tank storage firm Vopak NV reported that its ordinary net profit fell by 5.3 percent in 1999, but said it expected improvements this year. Net profit from ordinary activities fell to $163.2 million, from $174.4 million in 1998, roughly in line with analysts' forecasts and earlier indications from the company of a five to 10 percent drop. The weakness was largely due to a drop in earnings at Tanker Shipping as excess capacity pressured rates
Russia said it will announce final plans next week to raise the Kursk submarine, which sunk last year with 118 crew on board, a senior cabinet minister said on Friday. Russian authorities have promised since the nuclear-powered submarine sunk that they would raise it from its position about 43.5 miles north of the Russian port Murmansk and 328 ft. (100 m) beneath the surface of the Barents Sea. The date and technical details for the project will be set on Monday, officials said
Dutch Shipping Company Groen has ordered two Seismic Research & Support Vessels (SRSV’s) with Maaskant Shipyards Stellendam (Netherlands), part of the Damen Shipyards Group. Maaskant has broad experience in maintenance and repair of Offshore Support Vessels. However, an order for SRSV-newbuilds is a first. Director Frits van Dongen says: ”The vessels have been designed in cooperation with Saltwater Engineering (Netherlands) to meet the needs and experiences of Shipping
In the first week of August the Mexican Navy (Secretaria de Marina) and Damen Shipyards Group signed a contract for a fourth Damen Stan Patrol 4207. The Dutch ship design and shipbuilding company will supply the Mexican Navy with the design and material package with which ASTIMAR 1 (the Mexican Navy yard in Tampico) will build the patrol vessel. In addition, Damen will assist ASTIMAR 1 with technical support in order to optimize the delivery time and quality of the vessel.
Offshore oil and gas drilling continued to increase in the Dutch sector in the week ending June 9, with the rest of northwest Europe lagging behind last year’s levels, a report from consultants Arthur Andersen said. The number of wells started so far this year in the Netherlands was now just two less than the 10 spuds in the same period of 1998.
The motor vessel Sea Honesty, a 534-foot Panamanian flagged cargo ship, was guided to Dutch Harbor after reporting engine trouble on its way to Shinizu, Japan, 284 miles west of Dutch Harbor. The Coast Guard North Pacific Search and Rescue Coordination Center (RCC) received a request for assistance from the Sea Honesty. In response to the request, the RCC directed Coast Guard Cutter Alex Haley to accompany the vessel to Dutch Harbor for repairs.
Oceanwide, the leading international employment agency in the maritime field, announced today the acquisition of Norsk Bemanning AS from Barber Ship Management, a company within the Barber Group. With this acquisition OceanWide adds another subsidiary office to its already fast network of worldwide employment offices. The new subsidiary will operate under the name Oceanwide Norway AS. Norsk Bemanning is the crewing company of Barber Ship Management for their pool of Norwegian Officers
Wärtsilä has signed a three-year training contract with its long-time customer Wagenborg Shipping of the Netherlands. The agreement covers the training of more than 830 of the shipping company's crew members, and will be held at Wärtsilä Land & Sea Academy training centers. The training consists of about 70 courses a year. The program includes product specific instruction on diesel engines and propulsion systems, as well as customized training in electrical engineering
MacGregor, part of Cargotec, has won an order worth around €23 million for six active heave-compensated (AHC) subsea cranes from the Dutch IHC Merwede. The cranes will be installed on three pipe-laying ships destined for the U.K. headquartered global offshore specialist, Subsea 7
Boskalis inform that the Dutch Department of Public Works intends to award the contract for the salvage of the wreck of the car carrier 'Baltic Ace' to Boskalis and its partner Mammoet Salvage. Boskalis explain that the wreck and its cargo need to be removed because they pose a threat to the
Reuters - Royal Dutch Shell said on Wednesday that it had closed Nigeria's Nembe Creek Trunk oil pipeline on Saturday to stop leakage caused by theft. The pipeline pumps the Bonny Light grade of crude oil. Bonny Light exports for April are at about 95
The Dutch Department of Public Works intends to award the contract for the salvage of the wreck of the car carrier Baltic Ace to Boskalis and its partner Mammoet Salvage, Boskalis announced in a press release late last week. The wreck and its cargo need to be removed because they pose a threat
The Dutch Foreign Ministry has finalised a bank guarantee of 3.6 million euros in compliance with a binding ruling by the International Tribunal for the Law of the Sea (ITLOS) ordering Russia to release the Greenpeace ship Arctic Sunrise and the Arctic 30 protesters.
The contract , to be signed shortly, with a value of approximately EUR 140 million comprises the construction and maintenance of a new sandy coastline for 20 years. The project is part of the second national High Water Protection Program.
Dutch shipping company CFL has chosen Pronautas to implement the proven Ku-Band VSAT connectivity solutions on all vessels in their fleet. Headquartered in Amsterdam and well known for its innovative market approach, CFL owns and operates a fleet of young and flexible eco-friendly multi-purpose
Royal Dutch Shell plc says it will not move forward with the proposed 140,000 barrels per day Gulf Coast gas-to-liquids (GTL) project in Louisiana and will suspend any further work on the project. Shell, says it is the industry leader in GTL technology
Royal Dutch Shell plc announced that the company will not move forward with the proposed 140,000 bpd Gulf Coast gas-to-liquids (GTL) project in Louisiana. Shell is a leader in GTL technology, and the company said it has evaluated a number of development options for GTL on the US Gulf Coast
Alfa Laval has won an order to supply its PureSOx exhaust gas cleaning systems (EGCS) to 5 ships in the fleet of the Dutch ship owner Spliethoff. Delivery is scheduled for 2014. The manufacturer's say that they delivered their first PureSOX exhaust gas cleaning system to Spliethoff in 2012
Rotterdam based law firm AKD said a recent landmark decision of the European Court of Justice in Luxembourg definitively puts its weight behind forum shopping to limit liability under the CMR Convention in carrier-friendly countries. This is a boon to the Dutch jurisdiction and specifically comes
As the marine industry struggles to prepare for 2015 and the first wave of sulphur emission limits, Alfa Laval technology is proving its worth. Following a similar order from DFDS earlier in 2013, a repeat order for PureSOX was placed by Dutch ship owner Spliethoff near the end of the year
Royal Dutch Shell plc has announced it has agreed to sell its 8% equity interest in the Wheatstone-Iago Joint Venture and 6.4% interest in the 8.9 million metric tons per annum Wheatstone liquefied natural gas (LNG) project in Western Australia for a cash consideration of $1
Royal Dutch Shell today announced that, effective immediately, Upstream International Director, Andy Brown, is on extended leave to recuperate from a recent medical procedure. During Andy's recuperation and until his return to work, Maarten Wetselaar
The Defense Material Organization of the Royal Netherlands Navy (RNLN) has contracted Damen Shipyards Group for the delivery of five Harbor and Seagoing tugs. The contract has been made in cooperation with its Swedish counterpart: Swedish Försvarets Materielverk (FMV)