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Develops High

Goltens Ground Breaking at DMC

Goltens_DMC web.jpg

Dubai Maritime City (DMC), the world’s first purpose-built maritime centre, announced that ship repair and maintenance company Goltens carried out a ground breaking ceremony of its new office and workshop facility in DMC.   The company has launched its business in the city, and laid the foundation stone for the construction of facilities dedicated to building and repairing ships. Goltens, which has a strong presence in the Middle East and across 21 locations around the globe, are under a long term Musataha ground development agreement with DMC for two plots within the DMC. The plots measuring about 23,000 square metres are leased to Goltens for a period of 25 years.  “When we announced the opening of the maritime zone of the city in March of this year we were determined to develop Dubai Maritime City as part of the Strategic Plan of 2014. Today I want to emphasize that the vast collection of amenities and facilities provided by DMC to encourage business by sea is an opportunity for real growth and development of this vital sector. Infrastructure development is progressing rapidly and we see heightened interest from companies all over the world in this unique facility,” said Khamis Juma Buamim, Chairman of Drydocks World.   “Goltens is recognized for its reputation as a reliable, dependable and responsive provider of a wide variety of ship repair and mechanical services


Gulfstream Services: Billy Marcel Promoted

Gulfstream Services, Inc. (GSI) names Billy Marcel as Manager of Global Operations – Decommissioning Services Division. US-based Gulfstream Services, Inc. is a global corporation focused on developing high pressure equipment solutions for the international oil and gas industry.  GSI has four divisions – rental tools, wireline, cementing assembly and decommissioning – in four strategic oil and gas hubs.


China Government to Upgrade & Restructure Shipyards

The State Council has issued a three-year plan, ending in 2015, to upgrade and restructure the mainland's troubled shipbuilding industry, a further move to stabilise economic growth, reports the South China Morning Post (SCMP), citing Xinhua. The sector faced "unprecedented, severe challenges" as a lack of new orders, owing to weakness in the global shipping market, had exacerbated overcapacity in the industry, Xinhua reported, citing a government document.


Trelleborg AGM – 2011 Best Year Yet

Trelleborg, manufacturers of products to seal and protect industrial structures in harsh environments report good performance at AGM Approximately 700 shareholders attended Trelleborg’s recent Annual General Meeting in Trelleborg . The theme of CEO Peter Nilsson’s address was “A continuously evolving Trelleborg”. “2011 was the best year so far for Trelleborg. We achieved our financial goals and strengthened our finances


ConocoPhillips and Bechtel Renew Worldwide LNG Alliance

ConocoPhillips and Bechtel Corp. have agreed to renew their collaboration of pursuing worldwide liquefied natural gas (LNG) projects. The collaboration will build upon the recent success of ConocoPhillips as a major owner and participant in the worldwide LNG industry, and Bechtel's recent awards in the engineering and construction of major projects in Trinidad and Egypt. "The ConocoPhillips-Bechtel collaboration continues our commitment to providing our LNG technology while leveraging our


Saab Announces Fifth-Generation R5 Maritime AIS

“The new R5 AIS products from Saab are the first to incorporate software-defined radio (SDR) transceivers together with newly developed high-speed analog-to-digital converters in a type approved Class A system,” says Stefan Karlsson, Vice President Sales and Marketing, Saab TransponderTech.   “The result is a dramatic improvement in receiver sensitivity, stability and signal processing compared to our already exceptional R4 platform.”


Sonar Marketplace Offers Opportunities Say Northstar Electronics

Market opportunities are there for high-definition, 3D imaging sonar, Northstar Electronics tells shareholders, updates Echotec LOI Northstar Electronics, Inc. which previously signed a Letter of Intent to acquire Echotec Sonar Corp., is announcing revenue opportunities within the sonar marketplace, along with an update to the LOI. As previously announced, Echotec Sonar is developing High Definition Sonar (HDS) systems which are capable of 3-D imaging for the military


Videotel and MTNB Promote Good Training Practice

Videotel master logo_dark_blue.jpg

Videotel and the MTNB join forces to promote good practice in on board training and to simplify the training minefield.   Every industry has its training needs. However the unique operating environment within the maritime sector, particularly on board a vessel, means that new recruits can be faced with a daunting array of training requirements and options.  The Merchant Navy Training Board (MNTB) has responded to this


Norwegian Embassy Reports on Asia Offshore Exploration and Production

Rising energy demand from Asia Pacific countries is a key factor driving the growth in regional offshore oil and gas exploration and production (E&P) activities. In response to this, The Royal Norwegian Embassy in Singapore, Innovation Norway in alliance with DNV and Norwegian Business Association (Singapore) is staging the Asia Offshore Technology Conference in Singapore. The conference will examine and draw practical conclusions about ‘The Challenges of Offshore E&P in Asia


US Navy Supports Advanced Welding Project

Alcoa awarded $2.1 million USN contract to develop welding technology Alcoa has been awarded a U.S. Navy $2.1 million contract to develop advanced welding techniques designed to reduce manufacturing costs on aluminum-intensive ships. Under the program, developed through a collaboration by Alcoa’s Government Affairs team and researchers at the Alcoa Technical Center in New Kensington, PA


Info-X Invests in $5m Headquarter Expansion

Info-X Software Technology’s newly renovated headquarters in Gurgaon (Photo courtesy of Info-X Software Technology)

Transportation solutions provider capitalizes on outsourcing trend Info-X Software Technology, provider of software solutions and back-office support to U.S.-based transportation companies, introduced its newly renovated and expanded $5 million headquarter facility situated in Gurgaon


LNG Finalizes Acquisition of Bear Head LNG Project

Logo

  Liquefied Natural Gas Limited today informed having finalised the acquisition of 100% of Bear Head LNG Corporation (BHLC). This follows the announcement to the ASX by LNGL on 28 July 2014 regarding the signing of an agreement to acquire BHLC from a subsidiary of Anadarko Petroleum


Seaborne Ethane and Demand for a New Ship Type

Inside a moss tank (Photo courtesy of LR)

Lloyd's Register report looks at the commercial landscape, regulatory issues and technical realities of a new trade in ethane emerging as a result of increased U.S. gas production - and the technology required for large ethane carriers U.S


Scottish Independence Would Hurt Maritime Sector

Image courtesy of Moore Stephens

A vote for independence from the U.K. would have a negative effect on the Scottish shipping and offshore maritime sector, according to a survey by leading international accountant and shipping adviser Moore Stephens. The survey elicited the views of leading members of the international shipping


Kalmar Gloria Reachstackers Enter Asia-Pacific

Kalmar Gloria reachstackers

  Kalmar, part of Cargotec, is set to launch its highly acclaimed G-generation reachstackers, named Gloria, into the Asia-Pacific region. The much anticipated entry into APAC follows the successful introduction to European markets, where Kalmar's fifth generation reachstackers have been


Pushing the HPHT Envelope

With demand for hydrocarbons increasing and costs rising, the E&P industry is also facing numerous technical challenges including the development of High Pressure – High Temperature (HPHT) reserves. HP / Extreme HP typically refers to borehole pressures between 10,000 psi and 20


ABS to Class Ultra Deepwater Offloading Unit

The Remora HiLoad DP BR unit design approved by ABS will have advanced capabilities for offloading operations in Brazil's Santos Basin. ABS, a provider of classification services to the global offshore industry, has been selected to class the Remora HiLoad dynamic positioning (DP) BR loading


Island States Battle Rising Seas, Seek UN Relief

"Frightening" prospect of rising seas - U.N.; Islands say overlooked, fault inaction over climate.   Small island states facing a "frightening" rise in sea levels will seek investments in everything fron solar energy to fisheries to boost their economies at a U.N


DMR Sees US Container Terminal Sector M&A Flurry

Development of US Container Port Volumes, 2000-2013 (million teu)

M&A (Merger & Acquisition) activity in the US container terminal sector is currently at its highest level since the boom time of the mid-2000s. However, whilst the type of buyer is largely similar to what it was, the rationale for pursuing today’s deals is different


Drilling Deep: Pushing the HPHT Envelope

Offshore drill rig: File photo

With demand for hydrocarbons increasing and costs rising, the E&P industry is also facing numerous technical challenges including the development of High Pressure – High Temperature (HPHT) reserves, explains energy forecasters, marine market researchers & renewables analysts


Servowatch to Showcase New AMC Range at SMM

Servowatch Systems, a U.K.-based business unit of the Electrical and Automation division of India’s engineering giant Larsen & Toubro, said its exhibition stand at SMM in Hamburg this September will be used as a platform from which the global specialist in marine automation and systems


Mozambique: $30b Invested for 2018 LNG Export

More than $30 billion will be invested initially in Mozambique's natural gas sector to build capacity to produce 20 million tonnes per year of liquefied natural gas (LNG), with the first exports due to start in 2018, the national oil company said.


Harris Secures Certification for its Multi-channel Manpack Radio

George Helm

  Harris Corporation (NYSE:HRS) has received Type-1 National Security Agency (NSA) certification for its Falcon III® RF-340M multi-channel manpack radio. The certification enables Harris to field the radios for secure voice and data communications up through the Top Secret level of


EMGS - Settlement of the Convertible Bond Loan to North Energy

ABB CEO, Ulrich Spiesshofer

  Divestment fully in line with ABB’s commitment to continuous portfolio optimization. ABB has divested five businesses with limited synergies in the past 11 months raising about $1 billion. Zurich, Switzerland, August 20, 2014– ABB


Lloyd’s Register's New, Consolidated, Rules for Offshore Units

Courtesy Lloyd’s Register

  Lloyd’s Register has launched its new Rules for Offshore Units in one single document following an in-depth consultation with industry. It signals a move by the world’s oldest classification and certification society, to modernise the way in which Rules and their guidance notes






 
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