Draft Polar Code approved by IMO’s Marine Environment Protection CommitteeA key step on the way to a mandatory Polar Code for ships operating in Arctic and Antarctic waters has been reached with the approval by the Marine Environment Protection…
The regional Environmental Center of the Northern Fleet will be established in the Arctic in the near future.The news agency TASS reported the news with reference to the Deputy Russian Defense Minister Army General Dmitry Bulgakov.According to the Deputy Defense Minister…
Bore and P&O Ferries announces today that they have agreed to add a further RoRo vessel to the long-standing partnership in the North Sea.M/V Estraden will be added to the vessel portfolio sailing for P&O alongside M/V Norsky, M/V Norstream and M/V Bore Song…
Oil and gas operators may be sitting on new investment decisions until the future of the North Sea becomes clearer, according to the latest report from business advisory firm Deloitte. The report, which details drilling, licensing and deal…
Samsung Heavy Industries won an order amounting to USD 440 Million for Three Arctic Shuttle Tankers from a European shipper. According to sources the order is from Russia’s state shipping firm Sovcomflot. The shuttle tankers will have a capacity of 42…
BigRoll Shipping announces that it has contracted COSCO Dalian Shipyard Co., LTD to build a third MC Class Module Carrier. She will be named BigRoll Baffin and is scheduled for delivery in June 2016.Bigroll Shipping last year in September…
A steel-cutting ceremony was held on September 29 for the lead gas tanker ordered by SCF Group for transportation of liquefied natural gas (LNG) under the Yamal LNG project. The prototype vessel will be operated under a long-term time charter between OAO Sovcomflot and JSC Yamal LNG…
Cairn is pleased to announce that it has entered into a farm out agreement for the sale of a 10% interest in the Catcher development and adjacent acreage in the UK North Sea. With effect from 1 January 2014 Dyas UK Limited (Dyas) shall acquire…
Electromagnetic Geoservices ASA (EMGS) has signed a data licensing agreement with a customer worth USD 3.5 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. 'It satisfying to note that our…
The present EU and US sanctions are not expected to impact Viking Supply Ships’ operations and financials in 2014. It is too early to say whether sanctions will impact the drilling seasons 2015 and onwards.Four of Viking Supply Ships’ AHTS-vessels…
Fednav, a Canadian-owned company and world leader in Arctic navigation, today announced that its vessel, the MV Nunavik sailed from Deception Bay en route to China via Canada's Northwest Passage, with a full cargo of nickel concentrate. The…
Russia's biggest oil producer Rosneft said on Saturday that Exxon Mobil was still continuing exploration drilling at their joint project in the Arctic Kara Sea.'The work on the University well is continuing according to plan. We are satisfied with the decision of the U…
Electromagnetic Geoservices ASA (EMGS) announced an agreement from Statoil Petroleum AS for the Norwegian Sea. EMGS has now received a new contract from another oil and gas company worth USD 1.0 million for acquisition of 3D EM data in the nearby area…
Maine Maritime Academy receives $450,000 grant From U.S. Department of Homeland Security for ice navigation and maritime first responder courses for the ArcticMaine Maritime Academy has been awarded $450,000 by the U. S. Department of Homeland…
PPG Industries' protective and marine coatings business is fulfilling growing demand for 'ice class' marine coatings for hull protection with SIGMASHIELD® 1200 coating. Developed from research conducted in PPG’s own facilities, SIGMASHIELD…