Aker Wins Island Offshore Contracts
Aker Solutions has been awarded two contracts from Island Offshore to provide well intervention services for Statoil in the North Sea. Scope of work is to deliver downhole well intervention services from Island Offshore's two riserless well intervention vessels Island Frontier and Island Wellserver. These operations include running of mechanical wireline, electrical wireline and wireline tractor services. The two contracts are valid for five years plus two optional two-year extensions (5+2+2).
Euro Crisis May Hit Korea's Shipbuilders
In particular, the nation’s shipbuilding companies’ exports to the European Union are equivalent to 19.7 percent of their total production, according to a report of the Hyundai Research Institute…
Save Oceans, Feed the World
The report explains how implementing science-based fisheries management in the 25 countries that control more than 75% of the world's fish stocks - specifically measures that reduce overfishing…
Horizon Lines Names President
Horizon Lines, Inc. one of the nation's leading domestic ocean shipping companies, announce that Sam Woodward has joined the company as President and Chief Executive Officer (CEO) and has been appointed to the company's Board of Directors, effective June 7, 2012. Mr. Woodward succeeds Stephen H. Fraser, who has served as interim President and CEO since March 2011. Mr. Woodward, 63, joins Horizon Lines from Traffic Tech Inc.…
Protection of Maritime IT Systems
Norman ASA, a global security provider, announce an OEM agreement to supply the Norman SCADA Protection (NSP) system to Kongsberg Maritime of Norway who will use…
Golden Valve & Platinum Pipe Awards
WorleyParsons, Empresarios Agrupados and Samsung Heavy Industries receive Intergraph® awards at Hexagon 2012 (the annual user conference for Intergraph's Process…
Nuclear Icebreaker Cruises
The world’s largest nuclear-powered icebreaker “50 years of Victory” will take tourists to the top of the world five times this summer, starting from June 26. Each trip takes ten days and costs 800 000 rubles (€19 800). Cruise traffic to the North Pole is very lucrative for Atomflot, says General Director Vyacheslav Ruksha: “It provides us with 70-80 days of work. The contract we had with Rosmorport on work in the Baltic was for 100 days, so the cruise work is just as good”, RIA Novosti informs.
Matson Planned Separation on Track
Alexander & Baldwin Holdings, successor by merger to Alexander & Baldwin, Inc., has announced that its wholly-owned subsidiary, Matson Navigation Company, Inc. ("Matson Navigation")…
Russian Port Plan Opposed by Gazprom
Barents Observer reports that Murmansk might not achieve its much-desired Special Economic Port Zone goal, after all. Regional authorities in Murmansk have worked…
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