Dutch Team Installs Huge Power Socket in the North Sea
A combination of three Dutch offshore companies realized a unique operation in the North Sea, installing a giant ‘power socket’, the SylWin alpha platform. Siemens commissioned Seaway Heavy Lifting to perform an unusual operation that in turn called in the assistance of maritime service provider Dockwise and engineered heavy lifting and transport specialist Mammoet. Weighing 14,000 metric tons, the 83-meter long…
Brazilian Ferry Launched
AFAI Southern Shipyard and CoCo Yachts Holland announced that the first Urban Sprinter 2000, yard number ASA 042, was launched August 14, 2014. The Urban Sprinter 2000 was designed by CoCo Yachts Holland and built by AFAI Southern Shipyard in Guangzhou for SETRANS Rio de Janeiro. The ASA042, temporarily named 01, is the first vessel out of a series of seven. The final name of the vessel will be announced later…
Tough Line on Shipping Loans: ECB
ECB in discussion with German supervisors; question over treatment of ship loans in health check. Compromise emerging which may involve 'haircut' on loan valuations.
Asia-Europe Container Rates Fall Almost 11 pct
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 10.7 percent to $1,198 per 20-foot container (TEU) in the week ended on Friday…
China Looks to Boost Shangai Port Volumes
China will expand a scheme to speed up tax refunds for companies that export via a Shanghai port, the government said on Thursday, as it looks to boost the city's…
Concordia Maritime 1H 2014 Interim Report
Swedish tankship owners Concordia Maritime inform of positive results in the first half of 2014 after the sale of shares in jointly-controlled entities, Stena Poseidon and Palva.
Kvaerner & KBR Ally on Offshore Rig Topside Bids
Kvaerner ASA says it is to establish a joint venture with KBR Inc. to bid competitively on offshore platform topsides contracts for the Johan Sverdrup field development offshore Norway.
SIA Appoints Siemens Industry's V-P to the Board
The Security Industry Association (SIA) says it has appointed Rich Cillessen, vice president of enterprise security at Siemens Industry Inc., to its Board of Directors.
Emergency Beacon, Preparedness Save Mariner Off Diamond Head
The Coast Guard rescued a man in a life raft after his sailboat sank approximately seven miles south of Diamond Head, Tuesday. Watchstanders at the Coast Guard Sector…
Shell Prelude FLNG Module Shipped for Australia
The largest piece of the turret for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility has set sail from Dubai for the Samsung Heavy Industries shipyard in Geoje…
DNV GL Revisits Offshore Oil & Gas Risks
In the first issue its 'Perspectives' online magazine DNV GL’s Graham Bennett points out that the Macondo incident has cast a spotlight on well control standards…
US Ship 'Cape Ray' Neutralizes Syrian Sarin
All 581 metric tonnes of a precursor chemical for sarin gas that were removed from the Syrian Arab Republic and trans-loaded onto the U.S. Maritime Vessel Cape Ray in early July…
Main Engine Change for Veteran Alaska Tugboat
The tug's owner, 'Norman O', Rick Olson, worked with local Cummins dealer Mike Painer at South East Diesel & Electric in Ketchikan, Alaska, to set up a deal to…
Round Zero Makes Pemex Major Player
Mexican regulators on Wednesday granted Pemex the bulk of its acreage request as the nation's oil industry opens to private participation, consolidating the state…
Roc Oil Starts Drilling on Block 09/05 & FARM-OUT OF 40%
Roc Oil (Bohai) Company, a wholly owned subsidiary of Roc Oil Company Limited (ASX:ROC), as operator of Block 09/05, Bohai Bay, Offshore China advises that drilling…
Boskalis to Launch Share Buyback Program
Royal Boskalis Westminster N.V. (Boskalis) announces the start of its share buyback program. Within the framework and based on the principles of its business plan…
MAN Extends Helping Hand to Mercy Ships
MAN Diesel & Turbo says it has donated the equivalent of $115,000 dollars in service, spare parts and training to keep the engines of the hospital ship 'Africa Mercy'…
Fastnet Announces Improvement of Deep Kinsale Option
Fastnet the UK and Irish listed E&P company focussed on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, is pleased to announce that it…
GasLog Partners' First Option Vessels Acquisition for $328 mi
GasLog Partners LP and GasLog Ltd. announced today that they have entered into an agreement for the Partnership to purchase from GasLog, the sole member of the Partnership’s…
ESG to Build Four RA Tugboats
Eastern Shipbuilding Group (ESG) said that Suderman & Young Towing Company & Bay Houston Towing Company have placed orders for a total of four new Robert Allan, LTD.
