Polarcus Awarded 4D Project in Asia Pacific
Marine geophysical company Polarcus Limited said it has received a letter of award for a 4D marine seismic acquisition project in the Asia Pacific region. The project is due to commence in the first quarter of 2018 and will run for approximately one month. A Polarcus spokesperson said the company could not share further information around the project. Following this award the Polarcus’ active fleet is 100 percent booked for the first quarter.
Sinwa Posts Record Quarterly Net Profit
Listed on the SGX Mainboard and Asia Pacific’s marine, offshore supply and logistics player, Sinwa Limited, has announced its financial results for the three months ended March 31, 2014 (Q1 2014). Commenting on the Group’s business outlook, Bruce Rann, Group CEO of Sinwa, said, “We are delighted to announce that Sinwa has once again achieved an excellent set of results for our first quarter of FY 2014 on our thriving core business. Going forward, we will continue to concentrate our resources onto our core marine and offshore supply and logistics business, and we will continue
MacArtney Bolsters Offshore Asia Presence
possible so far," Frejo said. "What started as a one-man regional sales outpost, has now become a fully fledged MacArtney location with local access to global support." A good start Since the official opening one year ago, MacArtney said it has received a warm welcome by all Asia Pacific marine technology markets and segments. Spearheaded by a surging interest in integrated MacArtney system solutions, this development is present across the entire MacArtney portfolio. A good example is the Asia based demand for MacArtney winch and handling solutions which has recently seen a MERMAC