Former J. Ray McDermott exec charged in bid-rigging conspiracy A one-count felony case, filed in U.S. District Court in Houston, charges Littleton Edwards Walker, former senior vice president of business development and strategic initiatives for J. Ray McDermott S.A., with conspiring with others to rig bids for the sale of marine construction services in the U.S. and elsewhere. The U.S. Department of Justice says the conspiracy took place from September 1995 to January 1997.
Contract for TLP hull Leviathan Gas Pipeline Partners, L.P. has entered into a contract with MODEC International, L.L.C. for the construction of the hull for a floating platform to be used as part of its Sunday Silence field development project in Ewing Bank Blocks 958, 959, 1002 and 1003 in 1,500 ft of water.
MMS final notice for Western Gulf of Mexico sale 174 The U.S. Department of the Interior's Minerals Management Service (MMS) published the Final Notice of Sale for Western Gulf of Mexico (GOM) Sale 174. How successful it is in attracting bids will be a major indicator of returning (or still sagging) confidence in the offshore sector
AP Møller closes in on Sea-Land THE long-rumoured takeover of Sea-Land's international liner operations by Danish shipping giant AP Møller finally looks to be taking shape, with acquisition talks understood to be at an advanced stage.
Greenpeace activists arrested in Pacific Teal protest SEVEN Greenpeace activists were arrested yesterday after a controversial environmental campaign seemingly disobeyed a court injunction not to harass a nuclear shipment from the British port of Barrow.
TotalFina confident of Elf takeover success PREDATORY Franco-Belgian oil group TotalFina reported yesterday that it was confident that its hostile takeover of rival Elf would continue despite Elf upping the stakes in a $51bn counterbid made on Sunday.
The New Zealand premier in China New Zealand prime minister Jenny Shipley is welcomed by Chinese president Jiang Zemin before their talks at Diaoyutai State Guest House in Beijing. The New Zealand premier is in China to build political support for the Asia-Pacific Economic Cooperation summit meeting in Wellington in September.
Hopes fading for rescue of bankrupt DMR Hopes for a rescue of Dieselmotorenwerk Rostock, Germany's only manufacturer of two-stroke diesel engines, are fading rapidly.
800 tonne grab SMIT Tak's giant 800 tonne grab is one of the tools being used in a wreck removal scheme on the western Schelde. In the current phase of work, Smit and dredging group Boskalis are removing four wrecks buried in soft mud in order to aid the deepening of the channel. Once completed, vessels with a draught of 38 ft will be able to proceed, regardless of the tide.
Car producer techniques boost Samsung efficiency SAMSUNG Heavy Industries is winning 20% productivity improvements by applying low-cost management solutions from the automobile industry. Essentially, the yard's 'Tact' system models ship construction into 40 to 60 processes with close attention to time requirements and re-engineers the work routines to eliminate the time wastage in each stage.
HITT set to buy main traffic systems rival HOLLAND Institute of Traffic Technology said it is to buy Norcontrol Systems, its main competitor in ship traffic management systems, from Norwegian company Kongsberg Maritime.
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