In-depth articles
Shipping Confidence Hits Highest Level Since 2008
Overall confidence levels in the shipping industry rose to their highest level for almost six years in the three-month period to February 2014, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. Freight rates look set to improve or m
OAA 2014 honors offshore industry talents
Some of the offshore industry’s most innovative and successful companies and individuals were recognised at the 2014 Offshore Achievement Awards, with Decom North Sea chief executive Brian Nixon picking up the Significant Achievement Accolade. Hydrasun received the award for Great Large Company, whi
Exmar Picks Ecospeed to Coat Caribbean FLNG
In order to tap into Colombian stranded gas reserves, Pacific Rubiales Energy Corporation and EXMAR nv have partnered in a project to build and operate a floating LNG liquefaction, and storage unit, the Caribbean FLNG, which will be stationed at a jetty several kilometers off the Caribbean coast of
Holland goes Turkey
Turkey has been a maritime nation for centuries, shipbuilding activity commenced in 1390, the first shipyard in Istanbul was established in 1455 and in the 16th century, the biggest shipyards in the world were Turkish. With a coast line of 8,435 kilometres, the maritime industry is of utmost importa
Moore Stephens: Shipping Confidence Hits Three-Year High
Overall confidence levels in the shipping industry rose to their highest level for more than three years over the three-month period to November 2013, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. There was encouraging news on f
DCV AEGIR: A State-of-the-Art Workhorse
It is always good when a ship’s owner secures a contract for the use of the vessel before it comes into service. Usually this happens towards the later stages of the build of the vessel. It is indeed unusual for a vessel to have two contracts for its use secured before the detailed design is [&helli
CPLP: Third Quarter 2013 Financial Results
Capital Product Partners L.P. (CPLP), an international diversified shipping company today released its financial results for the third quarter ended September 30, 2013. The Partnership’s net income for the quarter ended September 30, 2013, was $33.2 million, including a $24.8 million gain from barga
Moore Stephens: Shipping Confidence Holds Firm
Overall confidence levels in the shipping industry held firm over the three-month period to August 2013, maintaining the highest level reached since November 2010, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. Doubts persist, ho
UK: Aveillant Completes Live Demonstration ‒ Holographic Radar™ Solves Wind Farm Clutter Issue
Aveillant has completed live demonstrations which show that its Holographic Radar™ reliably removes wind turbines from airport radar with no degradation to radar performance. The two week showcase demonstrated the technology in action at Prestwick airport, where live data from two Holographic Radars
Holland goes Russia
The Dutch-Russian maritime tradition dates back to the late 17th century when Tsar Peter the Great, who dreamed of making Russia a maritime power, went to the Netherlands to learn the trade. To emphasise their long bilateral relations, 2013 was declared the Netherlands-Russia year, and of course the
TNO: Keep it simple, sustainable and predictable…
Currently most of the licences for offshore wind farm development zones are granted with a lease period of 20 to 25 years. As a consequence the turbines have to be built to last for at least that period. There are several elements that can affect the life span of a turbine once it is installed [&hel
Moore Stephens: Shipping Confidence Reaches Highest Level for Two and a Half Years
Overall confidence levels in the shipping industry rose to their highest level for two and a half years in the three months ended May 2013, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. The survey produced evidence of increased
Wind farm support vessels
Since April 2012 the wind farm support vessel industry has experienced success and failure, both large and small. 2012 will be remembered for the number of new vessels built and delivered to operators, but predominantly it will be the collapse of South Boats Special Projects in the autumn that shook
Shipping Confidence Reaches Highest Level for Two Years
Overall confidence levels in the shipping industry recovered to their highest level for two years in the three months ended February 2013, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. There was improved expectation of freight r
Germany: Wind Blades in Global Sea
The wind energy industry is continuing to expand worldwide with the industry ebbing and flowing as global governments decide policy on supporting renewable power and then reconsider the economics, causing delays in financing major projects. The industry is caught in the financial tide but is growing