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Subsea 7 Awarded $30M BP Schiehallion Field Project

Subsea 7, a global leader in seabed-to-surface engineering, construction and services to the offshore energy industry, has been warded a BP project, worth approximately $30 million, under the SCIRM Frame Agreement Contract to support the redevelopment of the Schiehallion Field, west of Shetland. The scope includes the provision of a subsea construction vessel for a […]

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Davies Turner Re-invests in UK Freight Hubs

Davies Turner – the UK’s leading independent freight forwarder – is completing a major re-investment programme at its main regional hubs. This follows its freehold acquisition of the 7,000 sq m (75,000 sq ft) Hams Hall Cross Dock in June of this year which is strategically located next to the Hams Hall road/rail interchange and […]

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New Keynote Speaker at SPS 2012 Announced

Arsenio Dominguez, Vice Chairman, Marine Environment Protection Committee, IMO will be delivering a keynote address ‘Where we are now – progress to date’ on the opening morning of the 3rd IMarEST Ship Propulsion Systems Conference (SPS 2012), being held in London on Tuesday 20 – Wednesday 21 November. The two day conference features the IMO’s […]

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Busy Conference Year Lies Ahead for IMarEST

With a dozen conferences programmed, 2013 promises to be a busy year for the Institute of Marine Engineering, Science and Technology (IMarEST). Embracing civil and defence topics, marine engineering, marine science, offshore oil and gas and LNG, environmental issues, and the Arctic, the 2013 conferences are designed to reflect current maritime concerns and will present […]

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Wilh. Wilhelmsen Holding ASA 3Q Results for 2012

Wilh. Wilhelmsen Holding ASA’s profit was lifted by a gain from sale of shares in Hyundai Glovis in the third quarter. Profit from operations was down from a strong second quarter following less cargo volumes and a generally weak shipping market. Operating profit for the third quarter was USD 260 million (USD 175 million). Excluding […]

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IMarEST: Ship Propulsion Systems Conference

The UK Government’s Technology Strategy Board (TSB) shortly to announce the launch of a competition into vessel efficiency, with up to £8 million of funding available, opening for expressions of interest in January 2013. In view of the theme – Meeting Tier III and the Energy Efficiency Design Index – of the 3rd IMarEST Ship […]

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Lifetime Experince for Maritime Shipping Companies

International maritime charity, the Sailor’s Society are inviting leaders in the shipping industry to race across the Solent in order to raise funds for merchant seafarers in this year’s Clipper Challenge on 12th September. Teams of 12 will take part in the Clipper Challenge, which involves breakfast, sailing training, lunch and a friendly race around […]

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West Marine Release 2Q Operating Reports

West Marine, Inc. released unaudited financial results for the second quarter and first six months of 2012. Second Quarter 2012 Highlights: Net revenues were $243.6 million, an increase of 3.2% over last year. Comparable store sales increased by 2.1% over last year. Second quarter income before taxes was $38.1 million compared to $40.0 million last […]

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UK Govt ROCs Decision Boost Marine Energy

Support levels for certain marine energy technologies will more than double from 2ROCs to 5ROCs per MWh, subject to a 30MW limit per generating station, the UK Government has announced. The changes come as part of the UK Governments Banding Review for renewable technologies under the Renewables Obligation – the main mechanism for supporting large-scale […]

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Maritime Traffic Monitoring Satellite Launched

A probe that is being touted as the “highest detection performance commercial Automatic Identification System (AIS) satellite ever built” was successfully launched into a sun-synchronous polar orbit on Sunday, the UK firm that designed and assembled the craft has announced. In a July 22 statement, Guilford-based Surrey Satellite Technology Limited (SSTL) confirmed that the exactView-1 […]