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Eni Norge dropped Aker Solutions for delivery of the Goliat FPSO
08-02-2010 12:58
NORWAY: Eni Norge has awarded Hyundai Heavy Industries the EPI contract for delivery of the NOK 7 bn large work of the Goliat FPSO. Norwegian-based Aker Solutions in co-operation Samsung Heavy Industries have been notified that they lost the race for this giant contract.

Bureau Veritas facilitates Maritime Labour Convention implementation
08-02-2010 12:35
INTERNATIONAL: The France-based leading international classification society Bureau Veritas has moved ahead of the Maritime Labour Convention 2006 and set up a system to audit and certify manning agencies for seafarers.
Havyard Group AS is selling majority of shares in Havyard Electric Systems
08-02-2010 12:27
NORWAY: In an extraordinary general meeting for Havyard Electric Systems it is decided that Havyard Group will reduce its share in the company to 35 %. The remaining 65 % will be sold to some of the key personnel in the company.
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Slideshow

"Rainbow Warrior III"
Keel laid for new cruise ship M/V CARNIVAL MAGIC
Cruise ship CELEBRITY CONSTELLATION

Aker BioMarine to refinance its NOK 1,4 bn debt
08-02-2010 12:20
NORWAY: Kjell Inge Røkke controlled Aker BioMarine and its majority shareholder and largest creditor, Aker ASA, have prepared a refinancing plan for the company. The plan establishes a solid financial foundation for advancing Aker BioMarine's business activities.
Accommodation rig MSV REGALIA option exercised
08-02-2010 12:15
NORWAY: BP Norge AS has exercised the six-month option with commencement January 2011 for the continued use of the "MSV Regalia" accommodation support rig at the Valhall offshore facility in the Norwegian sector of the North Sea.
Revere appointed as Kannad Marine distributor
08-02-2010 00:59
UK/AMERICAS: McMurdo Ltd, has appointed Revere Supply Co Inc. as the exclusive distributor of McMurdo Ltd’s range of Kannad Marine emergency distress beacons and safety equipment in North and South America, including Canada.
World's first newbuilt North Sea-comliant floatel to be delivered in March
06-02-2010 17:05
SWEDEN/SINGAPORE: Keppel FELS Limited (Keppel FELS) is on track to deliver Floatel Superior, the first of two newbuild accommodation semisubmersibles (floatels) safely, early and within budget to Floatel International.
Iceland opens for oil exploration applications again
06-02-2010 15:16
ICELAND: The Icelandic government is again calling for applications for oil explorations rights in the Dragon Zone, off Iceland's northeastern corner. There are five permits available. A new international tender offer is also being prepared for next year.
Shtokman postponed 3 years
06-02-2010 14:36
RUSSIA: The Shtokman Development AG's board of directors today decided to postpone the development of the huge field in the Barents Sea with three years.
Nobiskrug and Ultra Electronics develop megayacht defence system
06-02-2010 14:04
GERMANY: Nobiskrug and Ultra Electronics have developed a ‘MegaYacht Defence System’ to significantly increase security on board. Using state-of-the-art technology, the system is scalable to the Owner’s wishes and needs.
Argentina threatens with legal actions against Falklands oil explorers
05-02-2010 16:13
FALKLANDS/ARGENTINA: Argentina reiterates warnings to the UK over the “illegality” and juridical consequences of having awarded oil exploration licenses in the Falkland Islands, which Argentina claims as part of its territory.
SES becomes Raytheon Anschuets UK distributor
05-02-2010 15:31
UK: SES (Ships Electronic Services Ltd) has started 2010 with a major announcement of being appointed by Raytheon Anschuetz GmbH as an independent distributor and Service Depot Partner for the UK.
Italian owner returns to Trukish shipyard for second bunker tanker newbuilding
05-02-2010 14:49
TURKEY/ITALY: The Italian shipowner Ciane Spa has purchased a second double-hull bunker tanker from the Turkish shipbuilder Çiçek Shipyard. The vessel is due to be handed over to the Italians at the beginning of February and will start bunkering operations immediately.
Kongsberg delivers Deep Water Multibeam for icebreaker "Healy"
05-02-2010 14:33
NORWAY/USA: The United States Coast Guard has ordered a Kongsberg Maritime EM 122 deep water multibeam echo sounder for use aboard the icebreaker "Healy", the largest vessel in its fleet.
NOK 23 mln offshore contract for ODIM
05-02-2010 14:26
NORWAY: A contract worth NOK 23 million has been awarded to the Norwgian technology and engineering group ODIM by "K" Line Offshore AS.
Shtokman Development might abandon LNG plans
05-02-2010 13:59
RUSSIA: Shtokman partners Gazprom, Statoil and Total might decide to only feed the gas from the field into pipelines to the European marked and drop the plans to produce liquefied natural gas (LNG).
The Schiehallion oil field back on track
05-02-2010 13:31
SHETLAND ISLANDS: The BP-owned SCHIEHALLION oil field west of Shetland shut down at the end of May for maintenance, but plans to start exporting again were scuppered when the oil platform was struck by the shuttle tanker "Loch Rannoch" on 8 October.
Tallink passenger number slides 15% in January
05-02-2010 13:19
ESTONIA: Estonian listed ferry group Tallink said it transported 491,393 passengers in January 2010 which is a 15% decrease compared to January 2009. The number of trucks and trailers decreased by 19.2% to 16,061 units in January 2010.
Re-opening of the Siri filed boosting Noreco's production
05-02-2010 13:14
NORWAY: Noreco's oil and gas production in January 2010 was 7,050 barrels of oil equivalents (boe) per day. Net realized oil price in January was USD 69 per boe after adjustments for oil put options, inventory and NGL and gas prices.
The John Fredriksen sphere has sold VLCC FRONT VISTA
05-02-2010 12:58
NORWAY: The John Fredriksen controlled Ship Finance International has sold the 1998-built VLCC "Front Vista" to John Fredriksen's tanker shipping company Frontline for total sales proceeds of USD 58.5 mln.
EOC forms JV to execute USD 1 bn project in Vietnam
05-02-2010 12:41
Singapore/Vietnam: EOC Limited, an Oslo-listed provider of offshore oil and gas support services in Asia, has inked a joint venture agreement with three partners to co-own the FPSO vessel that is slated to serve the Chim Sao oilfield project in Vietnam.
SES ANNOUNCES CARBON NAVIGATION MAST
05-02-2010 12:30
UK: Ships Electronics Services (SES), the Rochester based UK distributor of Seaview, has announced the introduction of a stylish high-grade Carbon Fibre mast for navigation, communication and night vision camera equipment.
ProTECTS alliance concludes first organizational meeting
04-02-2010 16:53
INTERNATIONAL: The ProTECTS (Promotion of Two-Way Emergency Communication and Tracking Systems) Alliance held its first organizational meeting, in Phoenix, Ariz., immediately following the annual Iridium Communications Partners Conference in late January.
BW Offshore signs contract for Papa Terra FPSO
04-02-2010 13:18
NORWAY/BRAZIL: BW Offshore has, together with its Brazilian consortium partners in QUIP and QGOG (Queiroz Galvão Óleo e Gás), signed the contract for the FPSO P-63 with the Papa Terra Joint Venture (Petrobras (operator) and Chevron).
GL Noble Denton to hire 700 technical experts
04-02-2010 13:13
GERMANY/UK: Over the next two years GL Noble Denton, part of the Germanischer Lloyd group, plans to hire more than 700 new technical personnel, engineers and marine operations specialists.
Port of Gothenburg freight volumes falling
04-02-2010 13:07
SWEDEN: The Port of Gothenburg, the largest port in the Nordic region, experienced a fall in freight volumes during 2009 although a recovery was noted during the second half of the year.
BP extend charter of VLCC BRITISH PROGRESS
04-02-2010 12:59
NORWAY/UK: The John Fredriksen controlled Independent Tankers Corporation Limited is pleased to announce that BP Shipping Limited has extended the charter for the VLCC "British Progress" for one additional year.
Aker Solutions signs subsea contract with Repsol
04-02-2010 12:54
NORWAY/SPAIN: Aker Solutions has signed a contract with Repsol Investigaciones Petroliferas S.A. for delivery of subsea equipment to the Spanish oil company's Mediterranean wells. Contract value is approximately NOK 120 mln.
Golar LNG Energy - PTTEP Agreement Termination
03-02-2010 20:11
NORWAY/AUSTRALIA: Golar LNG Energy and PTTEP Offshore Investment Company have announced a joint termination of the Agreements governing their joint development of a floating liquefied natural gas project based on the gas fields in North West Australia owned by PTTEP.
Clearwater Seafoods asks debt holders for extension
03-02-2010 19:54
CANADA: Clearwater Seafoods Income Fund is asking holders of some of its debt to extend a key repayment deadline as it grapples with rising costs and a pinched market for premium seafood.
2009 a good year for Wartsila but outlooks are mixed
03-02-2010 19:34
FINLAND: Wartsila has reported net sales growt 14% in 2009, to EUR 5,260 mln (4,612), and profitability at record level, 12.1% of net sales (11.4). Operating result before nonrecurring restructuring items grew to EUR 638 million (525).
Stolt Nielsen reports USD 95 mln profit for 2009
03-02-2010 19:21
NORWAY: Stolt Nielsen reports net profit attributable to shareholders in the fourth quarter was USD 22.3 mln, with revenue of USD 430.5 mln. Net profit attributable to shareholders for the full year was USD 95.2 mln, with revenue of USD 1,645.1 mln.
Havila Shipping psoted a profit of NOK 486 mln in 2009
03-02-2010 19:11
NORWAY: Total operating income ended at NOK 901.2 mln for 2009, compared to NOK 1 122.5 mln in 2008, whereof NOK 311.8 mln was profit from sale of assets.
New world's largest Mega Yacht in the pipe-line
03-02-2010 14:50
BELGIUM: The mega yacht business has been slow recently, but at least one luxury shipbuilder appears to be betting on a rebound, as Belgium-based Emocean Yacht Design recently unveiled plans for an extravagant new mega yacht, tentatively called Project 1000.
Ship Equip buys 51% of Exectiva
03-02-2010 13:47
NORWAY: Ship Equip has as of the 20th of January acquired 51% of the consulting company Exectiva from the two owners/consultants, Stig Even Larsen and Lennart Utgård. The company will from this date onwards become part of the Ship Equip Group.
New Wilhelmsen Ships Service office opens in Russian Baltic port
03-02-2010 13:37
NORWAY/RUSSIA: Wilhelmsen Ships Service has opened an office in the port of Primorsk, the leading Russian oil terminal port in the Baltic Sea.

ITIC highlights value of D&O cover to shipping interests
03-02-2010 13:30
INTERNATIONAL: The International Transport Intermediaries Club (ITIC) has warned that companies operating in the shipping sector should be checking their Directors & Officers (D&O) insurance cover.