A/S Norske Shell Extends Contract with Aker Solutions

A/S Norske Shell has decided to extend the maintenance and modification contract with Aker Solutions, exercising a 2 year option in the existing agreement for the Draugen and Ormen Lange fields. Work under the new option will last until December 2012. The contract value is estimated to be in the range of NOK 1- 1.5…

Hempel Meets Growing Demand for Coatings

With 56,000 square meters of space, Hempel’s newest and largest factory, located in Guangzhou, China, is expected to produce more than 42 million litres of coatings per year, with a maximum production capacity of 55 million litres.

NYK to Launch a New Thailand-Vietnam-Singapore Service

Nippon Yusen Kaisha (NYK) and Vinalines Container Shipping Company (VCSC) will launch a new joint service, the Thailand–Vietnam–Singapore (TVS) service, at the end of December. The TVS service will be operated by two 1,100 TEU vessels. NYK and VCSC will deploy one vessel each for this new joint service. The first vessel will be deployed…

Pride International, Inc.In Ultra-Deepwater Drill Ship Construction

Pride International, Inc. (NYSE: PDE) today announced that the company has reached agreement with Samsung Heavy Industries, Ltd. (SHI) for the construction of a fifth ultra-deepwater drillship, further expanding the company’s ultra-deepwater fleet size and drilling capabilities. Consistent with the company’s previous four ultra-deepwater drillships ordered since 2007, the new unit will be constructed on…

Korea to Get First Int’l Cruise Ships

The Ministry of Land, Transport and Maritime Affairs said yesterday that it has approved the country’s first operation of international cruise ships, in a bid to strengthen the country’s foothold in the Northeast Asian cruise market. A license was issued to Harmony Cruise, an affiliate of Polaris Shipping Co., according to the ministry. Harmony Cruise…

BASS Signs First Contract with Tanker Cluster

Leading fleet management systems provider, BASS won its first contract with a company that is part of a large cluster of tanker managers on the island of Donsö in Sweden, paving the way for possible further contracts in that area.

Cargotec Wins IBJ´s Environment Protection Award

Cargotec’s MacRack solution for side-rolling hatch covers has won the International Bulk Journal’s (IBJ) environment protection award. IBJ Awards judges were impressed by the MacRack system, which is based on environmentally-friendly electric-drive technology that offers shipowners energy savings, and eliminates hydraulic oil leaks along with the need to fit hydraulic pipework on board.