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
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.
Flensburger Schiffbau-Gesellschaft (FSG) says it has delivered a second multi-purpose cargo ship, named 'Rolldock Storm' to Dutch shipping firm RollDock BV. The two versatile new ships, Rolldock Star and Rolldock Storm are 151.5 metre-long, multi-functional, specialised ships designed to transport challenging, heavy loads which do not fit traditional cargo transport moulds. FSV explains that the vessels stand out particularly because of their maximum flexibility and offer a range of
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
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
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.
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
Damen Shipyards Galati has been presented with the Dutch Romanian Business Award for its Corporate Social Responsibility plan, particularly the Group’s community investment initiatives. The Award was presented by Ben Jager of the Dutch Romanian Network to Peter de Kiewit
Royal Dutch Shell said on Thursday it had resumed production of Nigerian EA crude oil and lifted its force majeure on the grade after completing repairs to a mooring platform. Shell shut down output on June 12 after weather damage to its platform, the company said
Russia’s largest shipping company is continuing to develop its potential in the LNG transportation segment by entering into a new long-term agreement with Royal Dutch Shell. On December 16, a naming ceremony was held for the LNG carrier SCF Melampus
Traffic for large ships heading towards the Belgian port of Antwerp was temporarily blocked on Friday after a giant container ship ran aground outside the Dutch port of Terneuzen downstream from the Belgian harbour, emergency services said.
Dutch oil platform leasing company SBM Offshore is cutting 1,200 jobs, or slightly more than 11 percent of its global workforce, as part of a cost-saving programme. The company, which settled a bribery case with Dutch prosecutors for a record $200 million payment last month
Van Oord has reached agreement on the acquisition of the activities of Ballast Nedam Offshore. The acquisition consists of the assets of Ballast Nedam Offshore, the dedicated EPCI staff (Engineering, Procurement, Contracting and Installation)
SBM Offshore NV has settled a bribery case with Dutch prosecutors for $240 million, including a $40,000 fine, sending shares in the Dutch oil platform leasing firm up more than 20 percent on Wednesday. The settlement, which was in line with provisions already taken
SBM Offshore today reached an out-of-court settlement ex Article 74 of the Dutch Criminal Code with the Dutch Public Prosecutor's Office (Openbaar Ministerie) over the inquiry into alleged improper payments. Furthermore, the United States Department of Justice has informed SBM
European stocks inched higher on Monday as acquisition hopes fuelled gains for oil services firms after Dutch group Boskalis took a stake in Fugro. Fugro jumped 44 percent after sector peer Boskalis bought about 15 percent of its shares, which have lost more than half of their value since June
Dutch engineering and construction firm Imtech is investigating allegations it operated a cartel to overcharge German energy company RWE for the building of a power plant in the Netherlands. The allegations, detailed in Dutch newspaper De Telegraaf and German newspaper Handelsblatt on Thursday
Royal IHC (IHC) has secured a new contract with the Chinese shipyard, Jin Hai Heavy Industrial Group, for the delivery of a dredging installation package for a trailing suction hopper dredger. The package contains major parts of the dredging installation for the 7
Brazil's state-run oil company Petroleo Brasileiro SA said on Monday it found "good quality" oil in an exploration well in the giant Libra prospect, off the coast of Rio de Janeiro state. The well is the first drilled by the Petrobras-led consortium which won the right to explore and
Rederij Groen’s entire SRSV fleet built by Damen Maaskant Shipyards Stellendam. Dutch offshore services company Rederij Groen has taken delivery of the 7-Waves, the second of a total three identical Seismic Research Support Vessels. Once the third of these so-called offshore chasers will
DNV GL celebrated its 150th anniversary of DNV and the one year of the DNV GL merger in The Hermitage and The National Maritime Museum in Amsterdam yesterday. New Norwegian-German owner of KEMA calls for world leaders and industry to focus on sustainability 300 years of experience in certifying
On September 20, on KNRM station Texel a new lifeboat named Cornelis Dito type Fast Rescue Craft 903 - Twin was taken into service by the Royal Netherlands Lifeboat Organization (KNRM). The lifeboats a Fast Rescue Craft 903 - Twin, designed by Pieter Meuzelaar (Dutch Special Marine Group) and