SBX Completes Vessel Conversion

Friday, September 07, 2007
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.

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People & Company News

Fitch Warning on NordLB Shipping Reduction Plan

Norddeutsche Landesbank Girozentrale's (NORD/LB) strategy to reduce its shipping exposures by EUR4bn-6bn over the next three years makes sense, but will likely encounter high execution risks,

Tideland Signal Acquires Julius Signal

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North P&I Club Repots Positive Financial Performance

North P&I Club reports that an exceptionally low year for claims has helped it increase its free reserves by $90 million to $428 million and deliver a combined ratio of 73.

Navy

BWTS Refit for Netherlands Naval Vessels

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Seaspan Responds to Canada’s NSS Announcement

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This Day In Naval History: May 26

1943 - USS Saury (SS 189) attacks a Japanese convoy south of Kyushu and sinks transport Kagi Maru, about 10 miles north of the Nansei Shoto. Also on this date,

 
 
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