Marine insurance may have the distinction of being the oldest line of insurance in existence, but it’s not letting its venerable age hinder its growth or flexibility. Given the new, emerging and increasingly complex risks faced by the maritime industry…
Subsea services provider to the oil and gas industry Bibby Offshore (BOUK) has secured a multimillion pound contract with a North Sea Operator, to deliver decommissioning operations in the Northern North Sea East Shetland Basin. The agreement…
Kvaerner has signed a framework agreement with Statoil, on behalf of Partners, for upgrading of the Njord A semi-submersible platform. At the same time, Statoil has made the first call-off from the framework agreement with an estimated value of NOK 120 million…
MacGregor, part of Cargotec, has confirmed an important order to deliver hatch covers, cranes, deck machinery and steering gear to two new 25,600 dwt dual-fuelled handysize bulk carriers for Finnish owner ESL Shipping. The ice-class vessels…
The Navy announced March 25 that all primary objectives for Ice Exercise (ICEX) 2016 have been met and the breakdown of Ice Camp Sargo is underway.'The objectives of demonstrating presence, gaining additional Arctic operational experience…
SCF Group (PAO Sovcomflot) reported steep jump in their net profit to USD 354.5 million from USD 83.9 million in the earlier year. Its gross revenue increased by 7.6 per cent to USD 1,483 million (2014: USD 1,378 million) and its time charter equivalent revenue rose by 18…
The public are being asked to name the UK’s new polar research ship. The current front-runner for the vessel's name is already gathering a lot of attention: RRS Boaty McBoatface. An open vote has been set up to name the next Royal Research Ship (RRS)…
iSURVEY Group, a leading provider of survey and positioning services to the global oil and gas and telecommunications sectors, has boosted its North Sea presence following a number of contract wins and the appointment of a new business development manager…
Japan and Finland are ready for Arctic cooperation, including the use of the Northern Sea Route and the development of Barents Euro-Arctic region. A joint statement of Japan's Prime Minister Shinzo Abe and Finnish President Sauli Niinisto…
The Marine Environmental Observation Prediction and Response (MEOPAR) network and Irving Shipbuilding Inc. have partnered to award $1.8 million in support of nine new ocean research projects that align with MEOPAR’s aim to strengthen Canada’s ability to anticipate and respond to marine risk…
Australia's icebreaker Aurora Australis has run ashore at Mawson Station while resupplying the Antarctic base, reports Reuters. A statement from the Australian Antarctic Division (AAD) on Wednesday confirmed 67 expeditioners and crew were…
The leading international Arctic research organisations have set common scientific objectives for the coming decade. The indigenous peoples of the Arctic were also involved in this process. Under the auspices of the International Arctic Science Committee (IASC)…
Commercial summer shipping across the North Pole may be possible by the end of the century, with the first potential crossings feasible for ice-strengthened ships around 2040. According to this study, by scientists at the National Oceanography Centre (NOC)…
Within the framework of the international project Reeh, Tyumen State University in cooperation with the University of Helsinki are planning to create a unique Arctic observation stations.Arctic station of the two universities will be part of a global network of observation points…
At the initiative of the government of the Chukotka Autonomous District on April 22 in Moscow will host the conference 'Chukotka. The area of energy. 'The conference will be held for the first time and will focus on the mining industry in the region and the surrounding sea shelf…
