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EXPLORER

Royal Olympic Takes Delivery of Olympia Explorer

Blohm+Voss GMBH delivered of the new fast cruise ship, Olympia Explorer, to Royal Olympic Cruise Lines Inc. The vessel immediately sailed from the Blohm+Voss shipyard to the Port of Piraeus in Greece. Royal Olympic Cruises' CEO, Yiannos Pantazis, said that the delivery of the Olympia Explorer "made us all proud." The Olympia Explorer, together with her sister ship, Olympia Voyager, are the fastest cruise vessels of their size, performing unique cruises at speeds of up to 30 knots. "The new itineraries Royal Olympic Cruises will offer with this vessel have created considerable interest in the cruise market. The first cruises are already fully booked," added Pantazis. On her maiden voyage on May 3, the Olympia Explorer will start a series of weekly cruises calling at the ports of Piraeus, Corfu, Venice, Dubrovnik, Bari, Katakolon, Istanbul, Mykonos and Santorini. Passengers have the possibility to embark from either Piraeus, Venice or Istanbul for the 7-day, round-trip voyage.


Royal Olympic Announces Delivery of Olympia Explorer

Royal Olympic Cruise Lines Inc. announced that the Olympia Explorer, sister ship to Royal Olympic's Olympia Voyager, is expected to reach the port of Piraeus early 2002, which will enable it to perform new itineraries from Venice to Piraeus, Istanbul and the Greek Islands next summer, with Piraeus as an alternative port of embarkation. Royal Olympic Cruises delegates and representatives from Blohm+Voss Shipyard in Hamburg had a meeting in Piraeus regarding the delivery of the Olympia


SBX Completes Vessel Conversion

SeaBird Exploration Limited said that the conversion of Munin Explorer to a 2D/Source vessel is complete and she has successfully completed her sea-trials in Egersund. It will immediately start as a source vessel in the North Sea for the remaining part of the summer season. It departed the shipyard yesterday. Delivery of the Harrier Explorer is pushed back a few weeks with delivery expected later this month.


Olympia Explorer and Olympia Voyager to Be Auctioned

Royal Olympic Cruises announced that the vessels Olympia Explorer and Olympia Voyager will be sold at judicial auction, on March 24 and March 26 respectively, under process initiated by creditor banks and pursuant to a settlement agreement between ROCL, the owners, and the banks. The owning companies of the ships (subsidiaries of ROCL) had filed for Chapter 11 reorganization in the U.S. Bankruptcy Court in Honolulu, Hawaii


India Awards Drilling Rights

will award drilling rights to domestic and overseas explorers for a record 57 oil and gas areas as it seeks to boost crude production and lower dependence on imported fuel. is concerned that crude prices may soar past $150 a barrel, increasing costs and curbing economic growth. Crude oil futures rose to $142.99 on June 27, the highest since trading began in 1983. The South Asian nation is competing with Africa and to attract explorers such as Exxon Mobil Corp. and BP Plc.


Perfect Platform: Innovative Semi-Submersible

MSV Explorer

QinetiQ’s Ocean Basin provides the perfect platform for the successful testing and commercial demonstration of an innovative semi-submersible.   QinetiQ, a world leading provider of a range of maritime services, has provided test and demonstration facilities for MSV Explorer, an innovative sea going semi-submersible. MSV Explorer is the brainchild of Chris Garner and has been designed to support a wide range of marine activities and applications including film making and


Royal Olympic Cruise Lines Reports Loss for 2001

Royal Olympic Cruise Lines Inc. has announced a loss for the fiscal year 2001, ended November 30, 2001. The events of September 11 had a substantial impact on the company's results and in the period September to November 2001, booking cancellations exceeded 3,000. EBIDA fell 25 percent from $ 21.7 mil in 2000 to $9.8 million in 2001. The inclusion of the first new vessel, Olympia Voyager, for a full year, resulted in additional interest and depreciation charges of $9


Royal Olympic Fights to Stay Alive

Royal Olympic Cruise Lines, Inc. issued the following status report on the vessels Olympia Explorer and Olympia Voyager 11:00 AM EST, Monday, December 22. Both ship owning companies continue the Chapter 11 reorganization filed in Honolulu, and subject to further discussions with lenders and further action by the District Court are restricted to calls at US Ports. As a result of this limitation the December 22 sailing of the Olympia Explorer to Ensenada


Historic Shipwreck Discovered in Northern GOM

During a recent Gulf of Mexico expedition, NOAA, BOEM and partners discovered an historic wooden-hulled vessel which is believed to have sunk as long as 200 years ago. Scientists on board the NOAA Ship Okeanos Explorer used underwater robots with lights and high definition cameras to view remnants of the ship laden with anchors, navigational instruments, glass bottles, ceramic plates, cannons, and boxes of muskets. Equipped with telepresence technology


New NOAA ROV On Ocean Trials

Okeanos Explorer: Photo credit NOAA

The 6,000-meter-rated remotely operated vehicle (ROV) system will be tested from 'Okeanos Explorer' in the 2013 field season. Dave Lovalvo, project manager for the NOAA Office of Ocean Exploration and Research’s Deep Submergence Group and his team has built and will be testing the ROV during the 2013 field season. The vehicle will be operated from the NOAA Ship Okeanos Explorer, America's only U.S. government ship that is dedicated to the sole purpose of exploring the world’s


Private Equity Firms Double down on Venari's Offshore Drilling

Gulf of Mexico deepwater oil explorer Venari Resources LLC said on Wednesday it had raised $1.3 billion from original backers Warburg Pincus LLC, Kelso & Co, the Jordan Company and Temasek Holdings, as well as new investors. GIC, Singapore's sovereign wealth fund


MTN Extends Prestige Cruise SatCom Partnership

Cruise ships: Photo Regent Seven Seas

MTN Communications (MTN) says it has extended the companies' 12-year relationship and will be introducing new communications services to its three-ship Regent Seven Seas Cruises fleet and five-ship Oceania Cruises operation. In addition


EPA Awards Great Lakes Shipyard Drydocking Contract

Lake Explorer II

Great Lakes Shipyard has been awarded a contract for the United States Environmental Protection Agency (EPA) R/V Lake Explorer II. The research vessel was hauled out using the 770-ton capacity Marine Travelift at Great Lakes Shipyard. The repair contract that started on August 14


Indian Govt to Sell Stakes of State Companies

  India will sell part of the government's stake in some state-run companies in the next two to three months, Finance Secretary Arvind Mayaram said on Saturday, without naming any company. The government has set a target of $10.5 billion from asset sales during the current fiscal year to


$1.3m in Gold Recovered from 1857 Shipwreck

A deep-ocean exploration company in Florida says it has recovered nearly 1,000 ounces of gold, worth $1.3 million at current gold prices, on a reconnaissance dive to an historic Atlantic Ocean shipwreck. The dive confirmed that the ship had not been disturbed since 1991 when another company


KrisEnergy Acquires 42 Pct Stake In Tanjung Aru Block

Makassar Strait

  Singapore's oil and gas explorer KrisEnergy acquired a 42 percent stake in the Tanjung Aru block in the Makassar Strait from its partner Neon Energy on May 5, company spokesman Tanya Pang said. The transaction occurred after Neon Energy failed to pay a cash call worth $1 million


Wessex Exploration Plans Hague And London Oil Acquisition

  London-listed explorer Wessex Exploration has signed a heads of agreement to acquire Hague & London Oil (Halo) which holds a prospective asset in the Philippines. Consideration for the acquisition will be satisfied by the issue to the vendors of 241m ordinary shares in the company


Deep Sea UV Implodes in Kermadec Trench

In the UV control room: Image courtesy of WHOI

Woods Hole Oceanographic Institute (WHOI) says its deep sea unmanned submersible 'Nereus' has gone missing 10km down while exploring one of the world's deepest spots – the  Kermadec Trench, located north east of New Zealand. Surface debris was found


Columbus' Santa Maria May Have Been Found off Haiti

A replica of the Santa Maria (Library of Congress photo)

Underwater explorer Barry Clifford said he found sunken off Haiti what he thinks is the wreck of Santa Maria, Christopher Columbus’ long lost flagship from his first journey to the Americas. Clifford, working for an operation funded by the History Channel


Cruise Ship Data to Assist Ocean Scientists

Celebrity Equinox (photo courtesy Celebrity Cruises)

Celebrity Equinox becomes third Royal Caribbean Cruises Ltd. vessel to feature technology that helps scientists understand effects of climate change Last week, as Celebrity Cruises’ Celebrity Equinox completed its scheduled drydock in Cadiz, Spain


Marathon Traders Gain E.Coast foothold with Hess Deal

Marathon Petroleum Corp is poised to expand its growing Midwest and Gulf Coast fuel trading operation to the East Coast with Thursday's deal to buy Hess Corp's retail network and transport contracts. The purchase will give Marathon control of Hess's gasoline stations and access to pipelines


Origin Buys Karoon's Offshore Gas Interest For $800 Mln

Origin Logo

Australian energy company Origin Energy Ltd said on Monday it will buy oil and gas explorer Karoon Gas Ltd's 40 percent stake in Poseidon, Browse Basin gas assets for up to $800 million. In a statement, Origin said the purchase gives it a strategic stake in one


Historic Great Lakes Shipwreck Possibly Discovered

Main: diver uses Diver Mag on reef. Top: diver searches with PT-1. Bottom: Le Griffon.

Steven Libert, president of the Great Lakes Exploration Group, announced he has located what is believed to be the remains of Le Griffon, the first European ship to have sailed the upper Great Lakes. The 45-ton barque carrying seven cannons was built by the legendary French explorer


Greece Promises Tax Cut to Attract O&G Majors

Ionnis Maniatis

Greece is planning to cut tax rates for oil and gas companies as it wants to attract them to help exploit its untapped offshore hydrocarbon resources, its energy minister said on Tuesday. Under the plan, oil and gas explorers will pay 25 percent tax, down from 40 percent currently


Great Lakes Shipyard Wins EPA Drydock Contract

Lake Explorer II

Great Lakes Shipyard has been awarded a contract for the United States Environmental Protection Agency (EPA) vessel R/V Lake Explorer II. The scope of work will include drydocking, routine repairs, maintenance and upgrades, as well as design, fabrication and installation of a new bulbous bow






 
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