News

Marine Platforms Limited (MPL) and Siem offshore have agreed to extend the initial interim period for the MRSV Siem Marlin by an additional firm period of one year until April 2013.

Bumi Armada’s subsidiary, Armada TGT Ltd, signs Facility Agreement with seven financial institutions for facilities totalling USD341.1 million

China Rongsheng Heavy Industries Group Holdings Limited has announced that it has received a 10+10 157,000 DWT Suezmax tankers shipbuilding order from Global Union Shipping Limited.

First Reserve Corporation, in partnership with Renovalia Reserve, have established a joint venture (JV) Renovalia Reserve, to own and operate wind projects in Europe and North America.

French engineering group Alstom has been awarded a €900m contract to supply core power generation equipment for a new 900MW coal fired power plant to be built at the Rybnik site in Poland.

The naming and launch ceremony for the 13,000kW stationary cutter suction dredger, SHANTI SAGAR XVI, took place on 6 December 2011 at the IHC Merwede shipyard in Sliedrecht,

Rand Logistics, Inc. announced that it has completed the previously announced acquisition of a Jones Act compliant, self-unloading articulated tug/barge unit.

CGGVeritas and Eidesvik Offshore ASA have confirmed that Arnstein Øvsthus has been appointed as General Manager of their ship management joint venture

Rolls-Royce has secured an order to design and equip two offshore supply vessels for ship owner Gulf Offshore North Sea Ltd. The value of the contract to Rolls-Royce is approximately £10 million.

Holyhead Towing Company Ltd. from Holyhead/Wales and OPUS MARINE GmbH (Opus) from Hamburg/Germany have announced the start-up

Maersk Line, operating in conjunction with Malaysia International Shipping Corporation Berhad (MISC), have announced plans to relocate their Southern Star service to Port of Tauranga.

Mitsui O.S.K. Lines, Ltd. today announced that the Ship Energy Efficiency Management Plan (SEEMP), MOL already has in place was certified with Statement of Compliance

Rolls-Royce, the global power systems company, has been awarded new contracts with a potential value of $651m by Petrobras

Australian ocean energy company BioPower Systems (BPS) has been awarded conditional funding support of $5m for its 250kW bioWAVE ocean wave energy system in Victoria, Australia.

Nuclear service provider Studsvik has signed a Skr94.5m ($13.6m) contract with EDF Energy Nuclear Generation to carry out material testing on nuclear components.

Econet Solar has unveiled its new Home Power Station, a standalone electricity solution in Africa

Canadian Solar has supplied 12,465 high-performing photovoltaic (PV) modules for a 10MW ground-mounted solar power plant in the Italian city of Cavriglia (Arezzo).

The International Transport Workers’ Federation (ITF) today launches a second week of action targeting vessels at ports in India.

A Vale SA vessel leased from STX Pan Ocean Co. to transport as much as 400,000 metric tons of iron ore to China will undergo repairs to fix a leak in a ballast tank about two months after being delivered.

The MV “Lone” is now in the last stages of upgrading her existing DP 1 system to a DP 2 system.