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December 2012 Issue

Nautilus Minerals Terminates Equipment Build For Solwara 1 in Papua New Guinea
Nautilus Minerals Inc. (Vancouver, Canada) has terminated the construction of the equipment for its Solwara 1 Project seafloor production system in Papua New Guinea.

Nautilus had been in dispute with the Independent State of Papua New Guinea as to the parties' obligations to complete the agreement entered into in March 2011. Nautilus considers that the state has a contractual obligation to pay $23.5 million for costs incurred in developing Solwara 1 up to January 2011 and to make pro-rata capital contributions in respect of subsequent project development costs, which, at the end of September 2012, totaled approximately $51.5 million. The state disputes these obligations.

Terminating the equipment build for Solwara 1 includes discontinuing discussions on an alternative vessel and associated funding solution. This means there will be a considerable delay in commencement of production operations and a possible increase in the project cost.

Atlas Services Group Partners With EIVA On Software Training Courses
Atlas Services Group (Hoofddorp, Netherlands) and EIVA A/S (Hasselager, Denmark) have entered into a collaboration agreement that includes training courses on EIVA software in Atlas Services Group's training curriculum, offered globally. The courses will be taught by EIVA instructors.

The partnership expands the number of locations and training courses. The next ones will be in January, March and May in the U.K., and later in 2013 in yet-to-be defined locations, possibly Holland, Singapore, Africa, Italy and the U.S.

Furrion Launches UK Distribution Center
Furrion (Waterbury, Connecticut) has opened a distribution center in Howden, England.

The new center should result in faster deliveries, fixed transportation costs and reduced costs overall for customers in Europe, the company said.

Kongsberg Maritime Introduces SIMOPS for Seismic
Kongsberg Maritime (Kongsberg, Norway) has introduced the SIMOPS for Seismic tool that aids in planning, monitoring and managing mulitvessel seismic operations, such as wide or multiazimuth surveys. The integral wireless broadband network enables exchange of live high-definition video and provides critical information between the vessels. SIMOPS also integrates with AIS to include third-party vessels in the operational overview.

The user interface and display areas have overlays that, in addition to navigation charts, objects and vessels, can display updated ice charts and seabed maps.

CGGVeritas to Acquire Fugro Geoscience Division
CGGVeritas (Houston, Texas) has entered into a "1.2 billion agreement with Fugro (Leidschendam, Netherlands) to acquire Fugro's Geoscience Division, excluding the existing multiclient library and nodes businesses. This will make CGGVeritas a fully integrated geoscience company and extend its equipment and acquisition businesses, adding four high-end 3D vessels.

The agreement also includes strategic partnerships: a seabed joint venture; a commercial agreement for CGGVeritas to sell Fugro's existing multiclient data, which remains owned by Fugro; and a global strategic technical and commercial mutual preferred supplier agreement.

The completion of the transaction is subject to mandatory antitrust clearances. Closing is targeted before year-end.

Imtech Marine Expands to Barcelona
Imtech Marine (Rotterdam, Netherlands) opened a new office in Barcelona, Spain, in November, located in the Marina Barcelona 92 S.A. shipyard. The company now has 94 offices worldwide.

The Barcelona office has 24/7 service and covers the company's systems and services portfolio, including automation, energy and drive, navigation and communication.

Japanese Companies to Jointly Develop Ship Maintenance Management System
ClassNK (Tokyo, Japan), IHI Marine United Inc. (Tokyo), Diesel United Ltd. (Tokyo) and IBM Japan will jointly develop a ship maintenance management system to help reduce ship life-cycle cost. The system, which will make use of the latest condition-monitoring sensor technology and data analysis systems, will be offered by ClassNK as a cloud-based service from June 2013.

From April to July 2012, ClassNK, IHI Marine United and IBM Japan carried out research to investigate methods for the early detection of machinery abnormalities.

Seagull Receives Rights to ISF Training Books
Seagull AS (Horten, Norway) has signed a licensing agreement with the International Shipping Federation (London, England), or ISF, that will allow Seagull to utilize electronic versions of the ISF Onboard Training Record Books in conjunction with the Seagull Competence Manager software.

The agreement grants Seagull the right to sublicense the four books to ship operators who use the Seagull Training Administrator program.

LinkQuest Delivers TrackLink for Autosub6000 AUV
LinkQuest Inc. (San Diego, California) has delivered its third TrackLink 10000 ultralong-range ultrashort baseline (USBL) acoustic tracking system with integrated acoustic modem function to the National Oceanography Centre in the U.K.

The TrackLink 10000 system has a range of 11,000 meters using a directional transponder and a range of 7,000 meters using an omnidirectional transponder. It will support the positioning and tracking of the center's Autosub6000 AUV.

Egypt's NIOF gets Saab Seaeye Tiger ROV
Egypt's National Institute of Oceanology and Fisheries (NIOF) has chosen a Tiger ROV from Saab Seaeye Ltd. (Fareham, England) to undertake studies in the Mediterranean to achieve the sustainable development of marine and freshwater resources and understand the marine environment.

The Tiger is rated to 1,000 meters. A four-function manipulator has been included for collecting seabed samples. For detailed observation work, the Tiger also comes equipped with a wide-angle, low-light black-and-white camera and a color zoom camera.

LiqTech Awarded MINT Fund for BWTS
LiqTech Pte Ltd. (Singapore) was awarded in November the Maritime and Port of Authority of Singapore's Maritime Innovation & Technology (MINT) Fund for the development of a ballast water treatment system (BWTS). LiqTech will be test bedding its silicon carbide membrane to configure a filtration solution for BWTS to meet the International Maritime Organization's standards.

LiqTech will commence its development of the BWTS this quarter 2012.

Cobham Rebrands Thrane & Thrane as SATCOM Unit
Cobham plc (Dorset, England) has established a new strategic business unit, Denmark-based Cobham SATCOM, that combines the group's satellite communications businesses, following the acquisition and integration of Thrane & Thrane A/S (Lyngby, Denmark) earlier this year.

Thrane & Thrane began trading as Cobham SATCOM in November and will form the core of the new business unit.

OceanWise Completes First Phase Of Information Infrastructure for Clydeport
OceanWise (Hampshire, England) has completed phase one of a maritime information infrastructure for Clydeport Ltd. (Glasgow, Scotland), improving data and information management in the hydrographic and dredging department.

OceanWise analyzed existing practices and systems that resulted in the preparation of a GIS roadmap and spatial and environmental data management system to allow information to be shared and exchanged more easily between different business areas and with external stakeholders.

Costa Concordia Wreck-Removal Site Launches
Costa Crociere S.p.A. (Genoa, Italy), with Titan Salvage Company (Pompano Beach, Florida) and Micoperi (Ravenna, Italy), launched a website in November with information and images relating to the Costa Concordia wreck-removal project at www.theparbucklingproject.com. The website will be updated to reflect the different phases of the project.

UK Launches Vessel-Efficiency Competition
The U.K. government's Technology Strategy Board has launched a competition into vessel efficiency, with up to £8 million available in funding. It will be open for proposals from mid-January until mid-March 2013.

The competition is pitched at the U.K. marine industry as a whole, including shipbuilders, military suppliers and offshore renewables.

Exocetus Names Two New Sales Agents
Exocetus Development LLC (Anchorage, Alaska) has named Imbros PL (Tasmania, Australia) as its exclusive agent in Australia/Pacific, effective in October, for the sales and marketing of the Exocetus Coastal Gilder.

Effective in September, Exocetus named Mertronix (Barcelona, Spain) its exclusive glider sales and marketing agent in Spain and Portugal.


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