Report: Offshore Wind Spending to Reach €51
Over €51 billion is expected to be spent on new offshore wind installations over the next five years, according to a new report by international energy business advisors Douglas-Westwood.
Security Strengthened with New Escort Vessel
SeaHold GEOSHIPS Ltd’s subsidiary company Brooking Shipping Limited (BSL), has been awarded a contract for an escort vessel which is anticipated to generate £1.9million each year. This is the first contract BSL has been awarded since being acquired by the shipping and marine contractor, GEOSHIPS. BSL, the marine division of GEOSHIPS, has been appointed the escort vessel contract by Mercator International Limited…
Barclay's Oil & Gas: Cautiously Optimistic
Walter Cumming, head of oil and gas, Barclays Corporate, weighs in. The theme of cautious optimism remains as we move towards the end of the year and all eyes are…
Hamworthy Nets Contract for 21 IG systems
Hamworthy to install inert gas systems on 21 LNG carriers under construction in South Korea. Hamworthy has underscored its position as the world’s leading supplier of inert gas systems by winning contracts to install its technology on 21 LNG carriers under construction in South Korea. The contracts have been secured with Norwegian owners Golar, AWILCO and Höegh LNG, and Greek owners MaranGas and Thenamaris.
Oil & Gas Firms: Key Role in Asia
International oil companies remain vital to the growth of Asian oil and gas industry. Asia still requires the injection of profit-driven innovation from international oil companies, sector leaders claim. Asia needs international oil companies to continue to play a large and essential role in the oil and gas industry’s research and development activity, despite the growth of national oil companies, a group of the region’s oil and gas industry leaders has stated.
Omega Launches Monitoring Tech Device
Omega Well Monitoring, a member of international oilfield services company, Reservoir Group, and specialist in the manufacture and supply of downhole memory tools, has announced the launch of its latest product, the Leakator. The tool, for which patents are pending, is optimised to locate leaks and monitor downhole flow. It has been developed in response to the increasing requirements of the industry to improve efficiency and reduce operating costs, by monitoring well integrity.
GPA: Engineering Ideas Into Reality…
The motto at Guido Perla & Associates, Inc. (GPA) for over thirty years and continuing to this day has always been: Engineering Ideas into Reality. For clients worldwide, no matter how large or small the project, from single vessels to an unprecedented number of vessels in one series, the adage rings true. Behind the company’s success and commitment to each and every client is a team of over 70 professionals on four continents…
U.S. DOJ: Guilty Plea in Price Fixing Case
Florida-Based Sea Star Line LLC Agrees to Plead Guilty and Its Former President Is Indicted for Price Fixing on Coastal Freight Services Between the Continental United States and Puerto Rico Sea Star Line Also Agrees to Pay $14.2 Million Criminal Fine. Sea Star Line LLC has agreed today to plead guilty and to pay a $14.2 million criminal fine for its role in a conspiracy to fix prices in the coastal water freight transportation industry, the Department of Justice announced.
Seaway Notice: Closing of 2011 Season
Mariners are reminded that there is always a possibility that severe climatic conditions may occur during the closing period. Should this happen, there is a chance that the dates outlined below, for the Montreal-Lake Ontario Section or the Welland Canal, may not be met. • The Corporations have decided to waive the operational surcharges on December 21, 22, 23 and 24. • Any transit of the Montreal-Lake Ontario section of the Seaway after 23:59 hours…
Mobilarm to Supply MSLD's to Dutch Navy
Global marine safety equipment provider, Mobilarm Limited announced today that it has secured its first production order for 90 Crewsafe V200 Maritime Survivor Locating…
This Day in Navy History
1813- Capt. David Porter claims Marquesas Islands for the United States. 1943 - Carrier force attacks bases on Tarawa and Makin begun. 1943 - USS Nautilus (SS-168)…
General Dynamics Wins $73m Naval Sea Systems Contract
General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), won a contract for Hull, Mechanical and Electrical (HM&E) Machinery and Systems support by the U.S.
First LNG Carrier to Oman Drydock
One of the biggest and most modern ship repair yards in the Middle East, Oman Drydock Company (ODC), has recently received its first LNG carrier, the Muscat LNG, owned by Oman Shipping Corporation SAOC. As part of its middle term service, Muscat LNG underwent the service operation at ODC during 11 days and was delivered within the estimated 12 days. The service operation for Muscat LNG included the mechanical cleaning of the main boilers and the fire sides.
XL Establishes Inland Marine Field Ops
To put its marine insurance experience closer to their clients, agents and brokers, the Marine insurance unit at XL Group plc (NYSE: XL) announced additional underwriting…
Powell Named President of JMS Naval Architects
JMS Naval Architects & Salvage Engineers (JMS) has named Blake Powell to the position of President. Mr. Powell previously served as Vice President. Rick Fernandes…