Boskalis Takes a Stake in Fugro
European stocks inched higher on Monday as acquisition hopes fuelled gains for oil services firms after Dutch group Boskalis took a stake in Fugro. Fugro jumped 44 percent after sector peer Boskalis bought about 15 percent of its shares, which have lost more than half of their value since June. Boskalis denied any intention of making a full bid but its surprise purchase boosted takeover hopes in the sector and sent shares in SBM Offshore and Saipem soaring. Belt-tightening by energy majors faced with plunging oil prices has hit shares in oil services companies, driving stocks such as Saipem and Fugro to multi-year lows. "It could be a spark for further consolidation in the industry," KBC Securities analyst Dirk Verbiesen said.
Mammoet Opens New Latin America, Europe Offices
Mammoet has opened a new office in São Paulo, Brazil, replacing its previous premises in the city. The new office serves as main office for the whole Latin America region.Additionally, Mammoet opened a new crane depot in Europe at the Port of Antwerp. The Latin America office, located on the first floor of EBP’s Torre A, Rua Werner von Siemens 111 in Lapa, carries a greenhouse certificate, making it one of the few in the region to have such environmental certification. The new…
Concept Catamaran Can Morph to Liftboat
SHC Wavedancer, with a new patents pending design, is capable of transforming from a high speed catamaran to a semi-submersible platform. The desingers believe that this innovation has enormous global potential for use in the offshore energy markets, such as platform personnel transfers and wind farm maintenance, offshore survey, inspection and installation works. The patents pending Submersible Hull Vessel (SHV) concept is owned by OSSeas Ltd and is the only vessel which can change its own internal volume.
Feature: Maritime Partners Eyes Patrol Craft Potential
Sitting in scenic Alesund, Norway, Maritime Partners, which sells a wide variety of rescue and patrol craft, has the advantage of geography in more ways than one. Aesthetically, Alesund could be considered one of the most beautiful places in the world, with German-influenced architecture set on the rugged, fjord-laden Norwegian west coast. Aesthetics aside, Maritime Partners sits in the middle of a cradle of Norwegian maritime technology, allowing it to tap an enviable base of experience while enjoying the benefits of international operations. Maritime Partners, started in 1994, has an annual turnover of $20 million and delivered 70 vessels in 2002.
MP: Eying Patrol Potential
Sitting in scenic Alesund, Norway, Maritime Partners, which sells a wide variety of rescue and patrol craft, has the advantage of geography in more ways than one. Aesthetically, Alesund could be considered one of the most beautiful places in the world, with German-influenced architecture set on the rugged, fjord-laden Norwegian west coast. Aesthetics aside, Maritime Partners sits in the middle of a cradle of Norwegian maritime technology, allowing it to tap an enviable base of experience while enjoying the benefits of international operations. Maritime Partners, started in 1994, has an annual turnover of $20 million and delivered 70 vessels in 2002.
