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Rolls-Royce Enhances Role in Brazil Oil and Gas Industry with New Petrobras Contracts Valued at up to $651m

Rolls-Royce Enhances Role in Brazil Oil and Gas Industry with New Petrobras Contracts Valued at up to $651m

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

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BioPower Systems secures funds for wave energy system in Australia

BioPower Systems secures funds for wave energy system in Australia

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.

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Studsvik signs contract with EDF Energy Nuclear

Studsvik signs contract with EDF Energy Nuclear

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.

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Econet Solar unveils new Home Power Station in Africa

Econet Solar unveils new Home Power Station in Africa

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

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Canadian Solar provides modules for Italian solar power plant

Canadian Solar provides modules for Italian solar power plant

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).

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ITF Launches Second South Asia Week of Action

ITF Launches Second South Asia Week of Action

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

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Brazil: Recently Launched Vale Mega Ore Vessel to Undergo Repairs

Brazil: Recently Launched Vale Mega Ore Vessel to Undergo Repairs

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.

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Germany: MV Lone Gets DP Upgrade

Germany: MV Lone Gets DP Upgrade

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

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Bermuda: Frontline Announces Company Restructuring

Bermuda: Frontline Announces Company Restructuring

Frontline Ltd. announces that the restructuring of Frontline has been approved by the Board of the Company and will in the next few days be

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Malaysian Prime Minister Launches National Maritime Plan

Malaysian Prime Minister Launches National Maritime Plan

The country’s first comprehensive plan for developing the shipbuilding and ship repair industry was among the announcements made by Malaysian Prime Minister Najib Razak on Tuesday in Langkawi.

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UAE: TGS to Charter Seismic Vessel Polarcus Amani

UAE: TGS to Charter Seismic Vessel Polarcus Amani

Polarcus Limited announces that the Company has signed a Letter of Intent with TGS-NOPEC Geophysical Company ASA (TGS) for the charter of the 12 – 14 streamer 3D seismic vessel POLARCUS AMANI.

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Four Large Tanker Owners Sign LoI to Set up New VLCC Pool

Four Large Tanker Owners Sign LoI to Set up New VLCC Pool

Partners in the VLCC Pool will be MITSUI O.S.K. LINES, LTD. / PHOENIX TANKERS PTE. LTD., A.P. MØLLER – MÆRSK A/S (Maersk Tankers), SAMCO SHIPHOLDING PTE. LTD

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Japan: Eco Marine Starts Development of Unmanned Surface Vessel

Japan: Eco Marine Starts Development of Unmanned Surface Vessel

As part of its expanding research programme, Eco Marine Power Co. Ltd. of Fukuoka, Japan announced today that it has begun development of an Unmanned Surface Vessel

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USD: Ingalls Shipbuilding Wins USD 46 Million Zumwalt-class Destroyer Contract

USD: Ingalls Shipbuilding Wins USD 46 Million Zumwalt-class Destroyer Contract

Huntington Ingalls Industries, company’s Ingalls Shipbuilding​ division, has been awarded an advance procurement contract for work on the U.S. Navy’s third Zumwalt-class destroyer,

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Norway: TGS Charters New Build Vessel MV Polar Duchess

Norway: TGS Charters New Build Vessel MV Polar Duchess

TGS announces that it has signed a letter of award with Dolphin Geophysical to charter the 12 streamer new build vessel, M/V Polar Duchess, for 3D multi-client projects in Europe during the 2012 summer season.

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China: CNPC’s Pipe-laying Vessel Sails to Hong Kong

China: CNPC’s Pipe-laying Vessel Sails to Hong Kong

On November 26, the pipe-laying vessel ZHONG YOU HAI 101 left the Port of Qingdao. The vessel is expected to arrive at the Shenzhen-Hong Kong

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South Korea: Hyundai Heavy Loads Largest Offshore Platform

South Korea: Hyundai Heavy Loads Largest Offshore Platform

Hyundai Heavy Industries, shipbuilder and an offshore facilities manufacturer, loaded the world’s largest offshore platform onto a barge on December 4.

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EU Commission Proposes New Fund for Maritime and Fisheries Policies

EU Commission Proposes New Fund for Maritime and Fisheries Policies

The European Commission has proposed a new fund for the EU’s maritime and fisheries policies for the period 2014-2020: the European Maritime and Fisheries Fund (EMFF).

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Greece: Safe Bulkers Announces Two-year Time Charter for Kamsarmax Class Vessel

Greece: Safe Bulkers Announces Two-year Time Charter for Kamsarmax Class Vessel

Safe Bulkers, Inc. announced that it has entered into a new period time charter for the Pedhoulas Trader, a 82,300 dwt Kamsarmax class vessel, for a duration of 23 to 25 months

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France Starts Construction of Mistral-Class Helicopter Carrier for Russian Navy

France Starts Construction of Mistral-Class Helicopter Carrier for Russian Navy

France begins construction of the first Mistral-class assault landing ship for Russian Navy, advance has been obtained, reported RIA Novosti referring to a spokesman for the French state-led defense company DCNS.

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