Tiffany News

Italian motor yacht maker Sanlorenzo aims to list on the Milan Stock Exchange at about the same time as the rival Ferretti Group, with an initial public offering (IPO) expected to be launched as early as the second half of October, two people familiar with the matter said on Wednesday.The group is controlled by Italian entrepreneur Massimo Perotti through a family holding which bought back shares from third party investors in the recent years.The group plans to issue a mix of existing and new shares, targeting a free float of about 35%, one of the sources added.Sanlorenzo has picked Unicredit, Banca Imi and Bofa Merrill Lynch as global coordinators for its IPO.

Canadian Natural Resources Ltd said on Thursday its Tiffany production platform in the North Sea was expected to restart in mid-August after a shutdown. On a second-quarter earnings call, CNRL Chief Executive Officer Steve Laut said international production had decreased to 25,800 barrels per day in the quarter. That was mainly due to the production shutdown at Tiffany, which accounted for 4,500 bpd. (Reporting by Nia Williams; Editing by Lisa Von Ahn)

Striving to grow mutually with other organizations has been a strategies of Shipping Professional Networking (Mumbai) which has seen its membership swell rapidly every since it was established three years ago. This was evident at SPNM's 9th Networking event held on 4th July at the Acres Club, Mumbai the day Americans celebrate their Independence Day. It welcomed the U.S. India Importer’s Council (USIIC) to network with its members and make a presentation of its various activities that could benefit members. Noble Shipping Pvt Ltd., came forward to sponsor the event which was endorsed by the USIIC. The occasion saw a large number of members turning up alongwith some leading lights of the industry whose presence offered members an opportunity to interact on matters of interests.

The Center for Maritime Policy and Strategy will host an academic workshop, Friday, Sept. 20, 2013, at the U.S. This one-day workshop will bring together a diverse group of scholars, practitioners and stakeholders from across the country to discuss how to achieve resilient ports and marine transportation systems in an era of extreme storms, rising seas and the melting Arctic ice sheet. The workshop features two panels that highlight research currently being conducted by postdoctoral fellows at the center.

UK Royal Fleet Auxiliary support ship 'Wave Knight' has helped seize an estimated £6.5 million worth of drugs from traffickers in the Caribbean. In a multi-agency operation involving UK and US assets, the fishing vessel Miss Tiffany was detected and one of Wave Knight ’s boats was launched to investigate. Soon after arrival, and upon hailing the vessel, the fishing boat's crew were seen jettisoning a number of suspect packages overboard. With multiple bales now being jettisoned by the crew and an urgent need to stop the fishing vessel…

KCA Deutag has won significant subsea drilling operation & maintenance contracts from core clients Total E&P UK, EnQuest & CNR International (CNRI). The company was awarded a contract with Total E&P UK to provide drilling operations and maintenance services on the Alwyn North and Dunbar platforms. Both contracts have already commenced and have a firm two year commitment with options for an extension of up to two years. Secondly, EnQuest has also signed a significant contract with KCA Deutag for a four year extension of its drilling operations and maintenance contract for both the Heather and Thistle platforms. Lastly, a substantial contract extension was awarded by CNRI.

Cosalt Offshore has been awarded a contract with CNR International (UK) Limited. (CNR). The contract, which is for three years,comes with a two one year options and will see Cosalt Offshore provide CNR with lifting and mechanical handling support services on five  platforms – Tiffany, Ninian North, Central and South and Murchison. Cosalt Offshore is the incumbent provider of these services to CNR, but the new contract was won as the result of a competitive tender process. Rod Buchan…

North Star Shipping, a division of the family-owned global shipping and energy services firm - Craig Group, has secured in excess of £20 million in new business and the renewal of existing contracts. The company which provides offshore support vessels to the offshore industry has won a new contract with the largest operator of Floating Production, Storage and Offloading (FPSO) vessels in the North Sea. Under the new contract with Norwegian owned Teekay Petrojarl (part of the Teekay Corporation)…

PROTECTOR USA announced today the first voyage in its inaugural Adventure Series, Alaska’s Inside Passage. Departing Wednesday, June 1, 2011, the event will host Protector boat owners on an 800-mile excursion from Seattle, Washington to Lasqueti, British Columbia and back in only six days. The journey will highlights the signature performance of Protector boats and offer participants a thrilling adventure through majestic mountain ranges and breathtaking waters. The Protector Adventure Series will offer one-of-a-kind…

Varna Products, manufacturer of industrial oil & fuel pumps, announced the promotion of Mark Ashurst to Operations & Facility Manager. Ashurst has been with VARNA Products/Transportation Research Corp. for nine years in charge of production. Mark’s focus will be on organizing, directing, and coordinating all production activities as well as streamlining processes and new product development. Varna has also added a new team member to the electrical engineering/production team, Wilson “Boyd” Mello.

Now traversing the Northwest Passage, the Ocean Watch crew - four professional sailors, a scientist and an educator - recently completed the deployment of three NOAA Global Drifter Program buoys. Dr. Ignatius Rigor, research scientist at the University of Washington Applied Physics Laboratory (UW-APL) Polar Science Center and Coordinator of the International Arctic Buoy Program (IABP) is directing these activities. This project, one of 8 scientific projects planned throughout the 13-month Around the Americas expedition…

Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced on Jan. 15 that it has taken delivery of the Hana, a 1992-built 1,615 dwt double-hull bunkering tanker to be renamed the Ace Hana, following the company's agreement to purchase the vessel from an unrelated third party. The Ace Hana is expected to be deployed to the company's Greek market. E. Nikolas Tavlarios, President, commented, "With the strategic acquisition of the Ace Hana, Aegean has once again strengthened its position to capitalize on the regulatory phase-out of single-hull vessels and meet the unfulfilled demand for the Company's integrated marine fuel services. Our latest vessel will be deployed to our Greek market and serve the busy port of Piraeus, where the phase-out of single-hull vessels is now complete.

Morgan City, Louisiana Conrad Industries, Inc. announced that Offshore Marine Contractors, Inc. Conrad Shipyards. the namesake, christened the 175’ Class liftboat, “Lacie Bourg”. service and look forward to getting the next five vessels. aluminum products for both the commercial and government markets. shipyards located in southern Louisiana and Texas.

Ultra-luxury cruise specialist Crystal Cruises is spending $23 million to enhance the award-winning Crystal Symphony in what will be the cruise line's largest-ever dry dock. In just two weeks, from October 31 through November 12, 2006, nearly 1,300 people will work around the clock on more than 150 separate projects to create what will essentially be a new ship, especially to those familiar with it. Symphony's comprehensive undertaking will transform all staterooms, a continuation of the ship's last dry dock in 2004 when all penthouses were refurbished; much of Tiffany Deck, the ship's main entertainment area, including a completely reconstructed social lounge…