EMGS Receives LoI for BOA Thalassa
Electromagnetic Geoservices ASA (EMGS) has received a letter of intent worth USD 7.0 million from an oil company for 3D EM data acquisition in Thailand and Myanmar. "This is the first time we operate for this customer and also the first time we operate in Thailand and we are of course pleased to demonstrate the value of our EM technology to this company," says Giles Denby, President Eastern Hemisphere of EMGS.
General Dynamics Lands $84 Million Naval Award
The U. S. Navy has awarded General Dynamics Electric Boat a $83.8 million contract modification to continue development of the Common Missile Compartment for the Ohio replacement submarine and the United Kingdom's Successor ballistic-missile submarine. The contract provides funding for 17 tactical missile tubes: 12 for the U.K. Successor submarine; four for the Ohio Replacement submarine; and one for the Strategic Weapons System - Ashore test facility.
LNGL Extends Gladstone Lease
* LNGL has signed a non-binding memorandum of intent (MOI) for gas supply with Tri-Star Petroleum Company (Tri-Star). Liquefied Natural Gas Limited yesterday announced that its 100% owned subsidiary, Gladstone LNG Pty Ltd has agreed to a Variation to the Agreement for Lease with the Gladstone Ports Corporation until 31 March 2016 in two phases. The first phase is an extension of the term from 1 November 2014 to 31 March 2015…
Temporary Suspension of 2nd Southbound Convoy
Effective from today, the entry of the second southbound convoy into the Suez Canal has been suspended until completion of cleansing and dredging work in the new Canal area.
Bangladesh Power Cut Plunges Millions into Darkness
Bangladesh was hit on Saturday by a major power outage that brought much of normal life to a standstill, forced hospitals and garment factories to rely on back-up generators and even plunged the prime minister's official residence into darkness. "The national grid collapsed so the whole country lost power," said Mohammad Saiful Islam, a director of state-run Bangladesh Power Development Board. Poor and densely populated…
French Nuclear Plants in New Mystery Drone Overflights
Unidentified drones illegally overflew five French nuclear power plants overnight, a source with knowledge of the matter said on Saturday, in the latest of a series of unexplained incidents that have raised safety concerns. The small unmanned aircraft were detected late on Friday above the five plants in northern and eastern France, the source said, confirming an earlier report by Agence France-Presse.
Egypt Signs $350 mln in Oil, Power Financing Deals with Saudi
Egypt signed $350 million worth of financing agreements with Saudi Arabia on Saturday aimed at upgrading its power grid and securing imports of petroleum products…
Venezuela, Ecuador to Defend Oil Prices
Venezuela and Ecuador are working on a joint proposal to defend oil prices that the two countries will present at the next OPEC meeting, Venezuelan President Nicolas Maduro said on Friday. Venezuela was the first country to request an extraordinary meeting of Organization of the Petroleum Exporting Countries to discuss the sharp drop in crude prices that began in October, but the idea got little support.
Denmark Plans to Phase Out Coal by 2025
Denmark should ban coal use by 2025 to make the Nordic nation a leader in fighting global warming, adding to green measures ranging from wind energy to bicycle power, Denmark's climate minister said on Saturday. Denmark has already taken big steps to break reliance on high-polluting coal - wind turbines are set to generate more than half of all electricity by 2020 and 41 percent of people in Copenhagen cycle to work or school, higher than in Amsterdam.
Russia's Oil Output Steady
Monthly oil output in Russia, the world's biggest producer, was flat in October, according to energy ministry data published on Sunday. Russia pumped an average…
European VIPs Visit USS George H.W. Bush
U.S. Naval Forces Europe-Africa hosted 23 distinguished visitors from multiple European countries aboard aircraft carrier USS George H.W. Bush (CVN 77) as a part of the Navy's Distinguished Visitor (DV) Embark program, Oct. 30. The DV program is a unique experience that allows civilian and military guests board the ship while underway and experience the Navy's mission and witness carrier operations firsthand.
Long Beach Port Appoints 4 Executives
The Long Beach Board of Harbor Commissioners continued to fill key positions in Harbor Department leadership ranks this week with four additional appointments of experienced executives to oversee Port of Long Beach operations. The four professionals all have long and valuable experience in their fields of engineering, maintenance and finance, and come from outside the Port of Long Beach. Two of the positions are newly created and two were vacated earlier this year.
Throughput Up at Lerwick Harbor
A continuing increase in cargo handled at Lerwick Harbour in the third quarter brought the volume for the first nine months of 2014 to 910,014 tonnes, up 6% on the same period last year. Shipments included 144,243 tonnes of oil-related cargo, a rise of 4.5%. There was a 14.7% increase in passengers to 154,381, with ferry passengers on the Aberdeen and Kirkwall routes up 4% to 111,357 and cruise passengers by 61% to a record 43,024.
Fairmount Tugs Delivers FPSO Petrojarl Knarr
Three tugs of Fairmount Marine have towed the brand new FPSO Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest floating production and storage units (FPSO) for harsh environments, was delivered in the port of Haugesund, Norway, September 16th 2014. The entire voyage was under command of lead tug master Kees de Graaff on board of the leading tug Fairmount Sherpa.
BMT Oceanica Wins APPEA Study
Marine and coastal environment specialist, BMT Oceanica (BMT), a subsidiary of BMT Group Ltd, has been awarded the Australian Petroleum Production & Exploration Association’s (APPEA) “Understanding the Risks of Unplanned Discharges” study. BMT Oceanica will be working with Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) to deliver this key project which will update…
Capuco is Chief Naval Architect of Gibbs & Cox
Gibbs & Cox, Inc., an independent naval architecture and marine engineering firm, announced the appointment of Mr. Benedict P. Capuco as Chief Naval Architect. In this role, Capuco will provide corporate leadership to the company's naval architecture and marine engineering capabilities and solutions across the Gibbs & Cox global portfolio. Prior to this appointment, Capuco served as Vice President and Group Manager of the Platform Solutions Group of Gibbs & Cox…
HMS Global Maritime 5th fastest Growing Firm
Each year, Louisville Business First, a weekly business publication in Louisville, KY, releases a list of the fifty fastest growing privately-held companies in the area. The list represents a wide variety of companies who are ranked by growth percentage over the past three years. The awards luncheon takes place annually and is in its 15th year of recognizing fast growing companies. This year, HMS Global Maritime was ranked number five on the list, with a growth percentage of 146.97%.
New Abu Dhabi Ship Repair Yards Operational
Nico International informed that the new dry-docking and repair facility in Abu Dhabi Port Company’s Freeport has completed the first two months of successful operations and has carried out afloat and dry docking jobs on more than thirty vessels. The Dock is able to accommodate vessels up to 2,000 tons and 80m LOA while wet berth space is available up to 400m. This facility confirms Nico International’s strong reputation in the region as a professional service provider to the marine sector.
Vesper Marine Upgrades Watchmate
Marine Safety Leader Releases Industry’s Vesper Marine First AIS Devices With Built-in High Speed GPS Auckland, New Zealand – Vesper Marine, a leading manufacturer of innovative marine safety products, announced today powerful updates to its award-winning WatchMate Vision and XB-8000 product lines. Now, in addition to transmitting and receiving position, course, speed and vessel details for collision avoidance…
Rolls-Royce Notifies Total Voting Rights
In accordance with DTR 5.6.1 of the FCA's Disclosure and Transparency Rules (DTR), the Company is required to notify the market of its total number of voting rights and capital as at the end of each calendar month. 1,886,455,159 ordinary shares of 20p each with voting rights. 1 Special Rights non-voting share of £1 with no voting rights. 22,005,007,762 non-cumulative redeemable preference shares of…