Det Norske Veritas (DNV) and nine key members of the Australian maritime, port and energy sectors have established a four-month study organized as a Joint Industry Project (JIP).

KfW IPEX-Bank, one of the largest ship financing banks in the world, has evaluated together with FutureShip, a subsidiary of Germanischer Lloyd, the energy efficiency of its shipping portfolio based on the Energy Efficiency Design Index (EEDI).

Ferguson Group’s accommodation service vessel, ASV Pioneer, has been deployed in the Mediterranean Sea on a six-month contract with Titan-Micoperi in support of the Costa Concordia Salvage operation.

Subsea 7, a global leader in seabed-to-surface engineering, construction and services contractor to the energy industry, has today declared its option for 2 years extension, starting from 1st of January 2013, and in addition agreed to extend the contract for the subsea vessel “Subsea Viking” further with 3 years firm in direct continuation of existing contract.

Gulf Energy Maritime (GEM) has remained vigilant over the continued impact of the global financial crisis, particularly on the oil tanker sector, while simultaneously keeping a carefully optimistic stance with regard to the market’s requirement for greater size and flexibility in the oil transport market as the company took delivery of its 18th vessel.

Woodside Energy Ltd has exercised the first of two remaining 30 day options, thereby extending Safe Astoria’s operations at the North Rankin Redevelopment project until 30th November 2012.

The largest port in Europe, the Port of Rotterdam, and the largest port in Scandinavia, the Port of Gothenburg, have entered a new alliance. The aim is to speed up the establishment of liquefied natural gas as a maritime fuel.

A European agenda for creating growth and jobs in the marine and maritime sectors was adopted yesterday by European Ministers for maritime policy and the European Commission, represented by President Jose Manuel Barroso and Commissioner Maria Damanaki at a conference in Limassol organised by the Cypriot Presidency.

A fire broke out aboard a rust-covered 80-meter long liquid petroleum gas (LPG) carrier Kantika on Sunday morning at about 8.30am offshore Phuket, Thailand, the Phuket News reports. The Thai-registered ship, owned by Ayudhya Public Co, had fortunately unloaded its cargo prior to the incident.

Srei Infrastructure‟s subsidiary, Quippo Oil and Gas Infrastructure Limited, has sold its investment in the derrick lay barge „Quippo Prakash‟ to SapuraKencana of Malaysia.