Printable version
Newsletter
sign up
Ships for free
Zero charter rates confirmed today as dry-cargo pain intensifies.
Trico scores subsea deals
Trico Marine Group has landed subsea services contracts worth up to $40m, according to a release issued today.
Trico operates a mixed fleet of subsea and offshore support vessels.
CTC Marine, the UK-based subsea trenching and installation division of Trico, has won a contract from Norddeutsche Seekabelwerke (NSW) for the installation and trenching of 80 infield cables on the BARD Offshore wind farm project in the western North Sea.
Sources at CTC tell TradeWinds they will service the contract with one of the company's DPII vessels which are equipped with trenching and cable installation equipment.
Deep Ocean, the subsea services division of Trico, has secured work from an undisclosed "major oil company" for three annual campaigns covering structural and pipeline inspection in Norway.
Sources at Trico and Deep Ocean did not immediately return calls seeking comment.
As TradeWinds has reported, Trico chief executive Joseph Compofelice said in an earnings release that CTC and Deep Ocean were making "good progress" towards securing contract work in the North Sea despite the weakening market. (click HERE to read the article)
Latest News
Engineer breaks leg
DS Agility officer fell through hatch into engine room while vessel was transiting Kiel Canal.
McQuilling storms Brazil
Diversified US brokerage taps Petrobras talent to lead latest Rio de Janeiro invasion.
Saved by frying pan
Last crewman taken alive from Costa Concordia whacked windows with kitchen equipment to alert rescuers.
Precious hit by poor rates
Khalid Hashim-led owner has full year income cut by the weakening dry cargo market.
What shipbroking is all about
Costa Concordia just a “rare anomaly,” law abiding miners, plotters brought to justice and long waits at the barbers.
Korean funds on buying spree
Marine ministry authorises three investor groups to purchase eight boxships and bulkers for charter to HMM, SK and Sinokor.
Total scrap record to topple
Braemar tips 2012 demolition derby to outrun the historic high set in 1985.
Captain tops up TEN holding
Greek magnate buys up an additional $5m worth of stock in New York-listed tanker owner.
French start Concordia probe
Paris prosecutor's office to investigate claims filed in France over the cruiseship disaster.
MES sees better times
Japanese shipbuilder reports lower earnings but still sees full year improvement.
Top Jobs
Latest Positions
