Search results for: formosa 2

154 results

A list of search results

  • MOL’s eco-friendly bulker to help reduce GHG emissions in woody biomass supply chain

    20 May 2022
    Business Developments & Projects, Outlook & Strategy, Vessels

    MOL Drybulk, a subsidiary of Mitsui O.SK. Lines (MOL), has signed a memorandum of understanding (MoU) with sustainable wood bioenergy producer Enviva to deploy an environmentally-friendly bulk carrier to reduce the greenhouse gas (GHG) emissions in the woody biomass supply chain.

  • USA: GE Proposes Dredging, Sampling, Modeling to Set Final Standards on Hudson River Project

    31 August 2010
    Business & Finance

    GE today submitted comments on the report issued by a panel of independent scientists who evaluated the Hudson River dredging project and recommended major changes after finding that the project did not and could not meet the performance standards established by EPA. GE thanked the panel for setting forth a road map for a process […]

  • Seaspan splashes $146 million on boxship acquisition

    24 July 2020
    Vessels

    Containership owner and operator Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., revealed it was spending approximately $146 million in cash on the purchase of two 13,000 TEU containerships. As disclosed, the vessel purchase will be financed from additional borrowings as well as cash on hand. Seaspan expects to take delivery of the containerships, built in […]

  • USA: Deeper Great Lakes Harbors to Bring Benefits to Michigan

    22 May 2014
    Business & Finance, Equipment, Technology

    Congressman Bill Huizenga (MI-02) released the following statement after House passage of the Water Resources Reform and Development Act (WRRDA) conference report: “First and foremost, this bipartisan bill is good for jobs, good for harbor communities across the Great Lakes, and good for Michigan’s economy. For the first time, WRRDA includes language written by Candice […]

  • Wintershall and DEA Unite

    28 September 2018
    Business & Finance, Project & Tenders

    BASF and LetterOne have signed a definitive transaction agreement to merge their respective oil and gas businesses Wintershall and DEA in a joint venture, which will operate under the name Wintershall DEA. “With Wintershall DEA we create the leading independent European exploration and production company with international operations in core regions. By combining the two German-based […]

  • Clean Cargo report: Container shipping’s CO2 emissions down in 2019

    22 July 2020

    Carbon dioxide emissions from the world’s leading ocean container carriers continued to fall in 2019, according to a new report from Clean Cargo, a collaborative initiative for sustainable cargo shipping managed by Business for Social Responsibility(BSR). Clean Cargo’s aggregate average Trade Lane CO2 Emissions Factors are compiled from verified operations data of over 3,500 vessels, […]

  • Simulation supporting certification: Challenges behind certification of offshore structures and simulation way

    2 February 2023
    Business Developments & Projects, Certification & Classification, Infrastructure, Technology

    Company infoSDC Verifier is an engineering company in mechanical and structural design that provides engineering consultancy services and tailor-made code-checking software. The SDC Verifier software is a powerful standard checking tool that helps to automatically verify your FEA results according to 30+ industry standards (DIN 15018, EN 13001, etc.) within ANSYS, Femap, and Simcenter 3D. […]

  • Hafnia says another tie-up in the making while praising Diamond S-Norden consolidation move

    19 June 2020
    Business & Finance, Market Outlooks

    Product tanker owner and operator Hafnia, a member of the BW Group, will soon enter a new product tanker segment with industry peers, established under the name of Hafnia Specialized, the company revealed. This business will handle tonnage below 25,000-dwt, Hafnia said, adding that more precise information will follow in the weeks to come. The consolidation move […]

  • Equinor and Centrica team up to develop East Yorkshire hydrogen hub

    3 November 2022
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development, Transition

    Norway’s Equinor and UK’s Centrica have signed a cooperation agreement to explore the development of a low-carbon hydrogen production hub at Easington in East Yorkshire, with the aim to strengthen the region’s status as the UK’s foremost hydrogen place. Under the agreement, the Centrica-operated area at Easington could transition to a low-carbon hydrogen production hub […]

  • CPRA: Council-Selected Restoration Component Projects

    13 November 2014
    Business & Finance

    The Coastal Protection and Restoration Authority Board yesterday approved the following five projects for submission to the Gulf Coast Ecosystem Restoration Council for consideration under the Council-Selected Restoration Component of the RESTORE Act. – Golden Triangle Marsh Creation Project – a project to restore and protect wetland, fish, and wildlife habitat to help maintain landscape […]

  • Shell exiting Australia’s ‘largest untapped conventional gas resource’ project as BP boosts its stake

    1 May 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    BP is in the process of enlarging its interest in a natural gas project offshore Australia while Shell is heading for the exit.

  • Norden teams up with Diamond S Shipping in product tanker consolidation drive

    17 June 2020
    Business & Finance

    Tanker shipping majors Norden and Diamond S Shipping Inc. have created a strategic partnership, DiaNor, that will see the two companies’ product tanker fleets consolidate. Under the arrangement, Diamond S will initially contribute 28 medium range (MR2) product tankers to the endeavour, which will be marketed and operated through the Norient Product Pool (NPP). Diamond […]

  • Equinor Brings Utgard Field On Stream

    17 September 2019
    Operations & Maintenance

    Equinor, together with its partners, has started production from the Utgard gas and condensate field, spanning the Norwegian-UK border in the North Sea on Monday. Recoverable Utgard resources are estimated at around 40 million barrels of oil equivalent (boe) and daily production on plateau will be around 43 000 boe. The field development consists of […]

  • IWW-Aquatech: Great Success (The Netherlands)

    21 November 2013
    Business & Finance, Equipment, Technology

    The 2nd edition of International Water Week and the 24th edition of Aquatech Amsterdam proved once again to be a major success. The two-days international conference on urban water technologies and urban water management draw 1050 delegates from over100 different countries, three times more than two year ago. Water technology trade fair Aquatech Amsterdam 2013 […]

  • Germany’s Greens promise to end Nord Stream 2 after election

    23 March 2021
    Authorities & Government, Business Developments & Projects, Project & Tenders, Regulation & Policy

    Germany’s Greens have promised to abolish the contested Nord Stream 2 pipeline to ship Russian gas to Germany in their election programme.

  • Orion Group Reports Third Quarter 2016 Results

    3 November 2016
    Business & Finance

    Orion Group Holdings, Inc. today reported net income for the three months ended September 30, 2016, of $4.7 million ($0.17 diluted earnings per share). These results compare to a net loss of $7.4 million ($0.27 diluted loss per share) for the same period a year ago. “We believe our company is on the right track,” […]

  • AAPA Highlights Importance of Investing in U.S. Seaports

    17 March 2017
    Business & Finance

    The American Association of Port Authorities (AAPA) is concerned over the potential of significant declines for most federally funded, port-related programs in President Trump’s fiscal 2018 budget, the association said in its latest release. “We’re apprehensive about the fiscal 2018 budget. Adequate federal investments into U.S. port-related infrastructure, both on the landside and waterside, are […]

  • Shell’s profit soars on higher oil and gas prices

    5 May 2022
    Business & Finance, Business Developments & Projects

    Oil major Shell booked a huge profit in the first quarter of the year on the back of higher oil and gas prices.

  • EDP inaugurates ‘pioneering’ 5MW floating solar plant in Portugal

    18 July 2022
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition

    Global energy company EDP has inaugurated a 5MW floating solar plant in Alqueva – said to be the largest floating solar installation on a dam reservoir in Europe.

  • Seacat Services orders next-generation CTVs

    21 September 2020
    Operations & Maintenance, Technology, Vessels

    UK-based offshore energy support vessel operator Seacat Services has ordered two next-generation multi-hull crew transfer vessels (CTVs). Seacat Services placed the order with naval architects, BAR Technologies. The vessels, Seacat Columbia and Seacat Cambria, were designed in partnership with Chartwell Marine, Seacat Services said. The first BARTech 30 CTV is expected to be completed by […]

  • Higher oil & gas prices lift TotalEnergies profit

    10 February 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Transition

    TotalEnergies saw its quarterly profit soar at the end of 2021 while returning to the black on a y-o-y basis driven by higher prices.

  • Shipowners and seafarers fail to agree on a revised minimum wage

    28 April 2021
    Human Capital, Rules & Regulation

    The world’s seafarers yesterday decided to shut down negotiations over the future of seafarers’ minimum wages with national shipowners represented by the International Chamber of Shipping. The seafarers’ unions said they would prefer to tackle the shipping companies ‘head-on’ to set wages unilaterally rather than risk decades of established ILO practices by agreeing to employers’ […]

  • Woodside makes progress with regulatory approval process for Browse to NWS project

    15 September 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    Woodside has made what is said to be a significant step in the regulatory approval process for its operated Browse to North West Shelf Project in Australia.

  • Maersk Drilling to merge with Noble

    10 November 2021
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    Danish offshore drilling contractor Maersk Drilling has entered into a definitive agreement to combine with Noble Corporation in a primarily all-stock transaction.

  • Questions Raised Over Reduction in HMT Funding

    3 February 2015
    Business & Finance

    The American Association of Port Authorities (AAPA), the recognized and authoritative voice of the seaport industry, has noted some positive aspects but mostly disappointment over the funding levels and programmatic changes in federal port-related programs that were proposed yesterday in President Obama’s fiscal 2016 budget. “International trade now accounts for fully 30 percent of the U.S. […]