Search results for: race bank

2159 results

A list of search results

  • BPA: More than one in ten port regulations in need of urgent reform

    28 February 2023
    Authorities & Government, Business Developments & Projects, Environment, Green Marine, Infrastructure, Ports & Logistics, Regulation & Policy, Rules & Regulation

    The British Ports Association (BPA) has mapped out some of the most important pieces of legislation and regulation that affect ports and rated their suitability to the industry. The regulatory assessment identified 140 regulations, codes, and laws that affect ports. According to BPA, 12% of these were rated ‘red’ – in need of urgent or […]

  • Stena comes to Concordia Maritime’s rescue

    13 July 2021
    Business & Finance, Collaboration, Outlook & Strategy, Vessels

    Having been faced with financial headwinds, Swedish tanker shipping company Concordia Maritime will receive a helping hand from its parent company Stena.

  • European shipowners: Investments in making fleet greener will no longer be possible after COVID-19

    19 May 2020
    Business & Finance, Business Developments & Projects, Environment, Infrastructure, Market Outlooks, Outlook & Strategy, Transition, Vessels

    Investments in the reduction of air emissions from ships would no longer be possible in a post coronavirus world, European shipping companies said in a new survey report.

  • USA: APM Terminals Presents Environmental Wins at WBTF

    29 March 2011

      APM Terminals Head of Corporate Responsibilities Henrik Kristensen addressed the World Bank Transport Forum March 28 in Washington, DC on “Green Transport for Green Growth” to share successful strategies for low‐carbon operations in the global logistics industry. The 2011 World Bank Transport Forum runs March 28‐31 and is a bi‐annual gathering of transport policy makers from the World […]

  • Petrobras extends Siem Helix 2 charter at reduced rate

    15 December 2021
    Business & Finance, Vessels

    Helix Energy Solutions has secured an extension of its well intervention charter and services contracts for the Siem Helix 2 with Petrobras at a reduced rate.

  • Three-year deal for JDC rig working on Qatar’s largest offshore oil field

    16 June 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Offshore rig operator Japan Drilling Co. (JDC) has been awarded a drilling contract for a jack-up rig for operations offshore Qatar.

  • C-Power EUR 1.289 M Investment Financing for the Construction and Operation of a 325 MW Offshore Wind Farm

    26 November 2010

    C-Power is pleased to announce that it has closed the financing of the second and third phases of the offshore wind farm on the Thornton Bank (located about 30 km in the North Sea off the Belgian coast). A group of 7 commercial lenders: KBC, Rabobank, Société Générale, KfW Ipex-Bank, Commerzbank, Dexia and ASN Bank […]

  • Liverpool’s tidal range energy scheme ripe for design updates

    28 February 2022
    Business Developments & Projects, Equipment, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Technology

    A tidal energy barrage scheme that could provide power for up to one million homes, proposed by the Liverpool City Region Combined Authority (LCRCA), might soon get a streamlined design that could bring the project a step closer to realization.

  • First Phase of GIWW Shoreline Stabilization Project Completed

    22 January 2016
    Business & Finance

    Phase One of the America’s WETLAND Foundation (AWF) Gulf Intracoastal Waterway (GIWW) Shoreline Stabilization and Restoration Project is complete. One mile of Vegetated EcoShield™ has been installed and planted to create habitat and to provide protection from storm surge for the community of Larose and for critical energy infrastructure. Phase One of the project stabilizes […]

  • In focus: CCS and renewables leading the energy transition race

    30 June 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Transition, Vision

    The summer holiday season doesn’t seem to be slowing down the activities of the global energy sector. Energy companies are still moving strongly towards a low-carbon and sustainable future, with carbon capture and storage (CCS) and renewables serving as the main topics of the conversation. TotalEnergies demonstrated its commitment to energy transition through two deals […]

  • Improved flood Defenses for Avonmouth Severnside Enterprise Area

    4 July 2017
    Business & Finance

    A joint £80 million project by South Gloucestershire and Bristol City Councils and the Environment Agency, is being designed to protect the Avonmouth Severnside Enterprise Area (ASEA) and 2,500 homes against the possibility of rare but severe flooding. The scheme will also create at least 80 hectares of new wetland habitats for internationally important birdlife. […]

  • UK approves plan for removal of floaters from North Sea fields

    27 May 2020
    Authorities & Government, Business Developments & Projects, Project & Tenders, Regulation & Policy, Safety, Vessels

    UK authorities have approved the plan for the removal of the Petrojarl Banff FPSO and Apollo Spirit FSO from Canadian Natural Resources’ Banff and Kyle fields in the UK sector of the Central North Sea.

  • First US hydrogen fuel cell vessel launched

    19 August 2021
    Business Developments & Projects, Environment, Infrastructure, Innovation, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vessels

    Washington-based boat builder All American Marine (AAM) and shipowner SWITCH Maritime have launched and started operational trials of Sea Change, a 70-foot, 75-passenger zero-emissions, hydrogen fuel cell-powered, electric-drive ferry that will operate in the California Bay Area.

  • MOL: Despite teething problems, effectiveness of Wind Challenger on par with expectations

    8 November 2022
    Business & Finance, Business Developments & Projects, Green Marine, Innovation, Transition, Vessels

    The Shofu Maru, the world’s first bulk carrier to be partially powered by wind, has completed its maiden voyage, putting the hardsail system installed onboard through its paces on a route from Japan to Australia and back. The so-called Wind Challenger system is a telescoping hardsail that harnesses wind power to propel the vessel. The […]

  • The Poseidon Principles: Can they accelerate the transition to greener vessels?

    22 July 2020
    Business & Finance, Transition

    Shipping is a capital-intensive industry. However, over the past few years, the availability of capital within the sector has shrunk considerably as western banks cut their exposure to the market after struggling with bad shipping loans. Too many regulations, especially those targeting environmental issues and climate change, have made shipping finance rather complex and unattractive […]

  • DBJ, ClassNK establish green ship finance program

    15 September 2022
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    Development Bank of Japan (DBJ) and classification society ClassNK have established “Zero-Emission Accelerating Ship Finance (program)” to support the maritime industry’s transition toward decarbonization.

  • Velesto rig working for ConocoPhillips sinks off Malaysia

    4 May 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Safety

    A jack-up drilling rig owned by Malaysia’s Velesto Energy has sunk offshore Malaysia while working for the oil major ConocoPhillips.

  • Quantum of the Seas ends early its ‘cruise to nowhere’ as passenger tests positive for COVID-19

    9 December 2020
    Human Capital, Safety, Vessels

    An 83-year-old male Singaporean on board Royal Caribbean International’s Quantum of the Seas tested positive for COVID-19 infection, causing the ship to return to Singapore earlier than planned. Singapore’s Ministry of Health said that epidemiological investigations and contact tracing were in progress. “In the meantime, all the identified close contacts of the case have been isolated, and […]

  • NYK Line behind order for four LNG carriers at SHI

    4 October 2021
    Vessels

    Japan’s shipping company NYK Line has revealed it has hired South Korean shipyard Samsung Heavy Industries (SHI) to build four new liquefied natural gas (LNG) carriers.

  • Hapag-Lloyd reveals strong performance in half-year results

    12 August 2021
    Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Vessels

    Germany’s largest container liner shipping company Hapag-Lloyd enjoyed earnings growth in the first half of 2021 which was driven by strong demand and higher freight rates.

  • Talos struggling to reach steady production at Gulf of Mexico field

    27 November 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance

    Talos Energy has encountered difficulties in reaching stabilized production from the Bulleit field located in the U.S. Gulf of Mexico.

  • Crabtree Swamp Restoration Project Wins EPA Award

    20 August 2014
    Business & Finance

    U.S. Environmental Protection Agency (EPA) yesterday awarded Horry County with the regional 2014 EPA Rain Catcher Award in the Neighborhood/Community Category for the Crabtree Swamp Restoration Project in Conway, South Carolina. The award was given at an award ceremony during the Environmental Protection Agency, Region 4/International Erosion Control Association Municipal Wet Weather Stormwater Conference, in […]

  • Montgomery Canal Dredging Program Underway

    6 April 2018
    Business & Finance

    The Canal and River Trust is currently giving a major boost to rare aquatic flora and fauna on the Montgomery Canal, one of Britain’s most picturesque canals, with their £320,000 dredging and vegetation management program. During March and April, over 1¼ miles of un-navigable waterway has benefited from a major excavation of the overgrown channel, […]

  • Single-fuel or dual-fuel methanol engines for tugs?

    22 May 2023
    Green Marine, Vessels

    Single-fuel methanol engines may hold the key to a greener future for tugs, marine propulsion systems manufacturer Rolls-Royce Power Solutions (RRPS) and Maersk’s towage operator Svitzer said in a joint paper. The main driver behind the development of dual-fuel engines is fuel flexibility, allowing vessels to operate even with limited methanol availability. However, such engines […]

  • Saipem board adopts rescue plan with $2.2 bln capital increase in sight

    25 March 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Rules & Regulation, Transition

    The board of directors of Saipem has approved a rescue plan to strengthen the company’s financial and capital structure.