Search results for: race bank

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  • Trelleborg Aids LB Bentley in Subsea Valve Development

    7 November 2018
    Equipment

    Trelleborg Sealing Solutions has supported LB Bentley, specialists in creating small bore subsea valves, in the development of its Medium Duty Rotary Gate Valve. The new gate valve incorporates a custom seal that demonstrates stem sealing technology that reduces the “risk of contamination and failure”. As subsea oil and gas exploration becomes increasingly challenging, LB […]

  • New US offshore wind survey vessel about to hit the water

    14 March 2023
    Business & Finance, Business Developments & Projects, Research & Development, Vessels

    All American Marine (AAM) has delivered a research and hydrographic survey vessel to Geodynamics, an NV5 company, that will service the offshore wind market and carry out other scientific survey missions.  The vessel named Shackleford has been specifically customized to serve the offshore wind sector on the U.S. Eastern Seaboard and will serve an integral role in […]

  • Boskalis Results in Line with Expectations (The Netherlands)

    8 May 2013
    Business & Finance

    The developments at Royal Boskalis Westminster N.V. (Boskalis) in 2013 to date are in line with expectations. • Revenue higher than in the same period last year; • Good fleet utilization; • Order book stable compared to year-end 2012; • Dockwise acquisition finalized; integration process started. DEVELOPMENTS Boskalis realized a higher revenue in the first […]

  • UK’s Grain LNG posts utilization records

    28 May 2021
    Business Developments & Projects, Operations & Maintenance

    National Grid’s Grain LNG facility recorded its highest ever utilization rates last month and supplied 15.1 per cent of UK gas demand during this time.

  • UK: Gower Dredging Plan Arouses Concerns

    16 January 2012

    Mr Davies, who is a Welsh Conservative Regional AM for South Wales West, said he would back Gower residents opposing the proposal. The application, from a consortium called Resource Management Association, wants to extract the sand over the next 15 years from an area about seven miles off Worm’s Head. “Gower’s beaches have already been […]

  • UK public shows ‘overwhelming support’ for new renewable energy projects

    7 September 2022
    Authorities & Government, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    A survey commissioned by RenewableUK has shown an overwhelming public support for building new renewable energy projects across the UK to tackle the cost of energy crisis.

  • Poland could reach climate neutrality by 2056

    21 August 2020
    Environment, Outlook & Strategy, Regulation & Policy, Transition

    The Polish Economic Institute (PEI) said on Wednesday that Poland, which is the only European Union country that has not pledged to be carbon neutral by 2050, could reach that goal by 2056.

  • H2 Industries develops ship concept that converts plastic waste into clean hydrogen

    19 May 2022
    Business Developments & Projects, Infrastructure, Innovation, Research & Development, Vessels

    H2 Industries and TECHNOLOG have developed 3D designs for a concept ship that will collect plastic waste and convert it into clean hydrogen.

  • Seapeak to acquire Evergas for $700 million

    25 October 2022
    Business & Finance, Business Developments & Projects, Green Marine, Vessels

    Seapeak, formerly known as Teekay LNG Partners, has entered into a deal with Jaccar Holdings to acquire Danish shipping company Evergas for $700 million. Evergas owns and operates two very large ethane carriers and eight multigas/LNG carriers. All are on fixed-rate time charters to Ineos and are capable of burning gas as fuel. Evergas also controls […]

  • MPC Container Ships offloads six ships, seals $180 million loan

    20 October 2021
    Business & Finance

    Norwegian shipowner MPC Container Ships (MPCC) has revealed its plans to sell six vessels and sign a new credit facility as part of the package of measures to increase the company’s balance sheet flexibility.

  • Offshore field comes on stream after being connected to FPSO working in Brazil

    23 March 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Karoon Energy has kicked off production from a well located on a field offshore Brazil, with first production rates surpassing expectations.

  • All eyes on Russia’s fleet as crude oil price cap, OPEC+ cut perpetuate tanker markets’ volatility

    5 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy

    Uncertainty and volatility continue to cast a shadow over the oil and tanker market as December 5 deadline for the oil price cap for Russian oil expires. Today, all eyes are set on Russia to see what vessels will be loaded and where they would head as Moscow defines its steps in response to the […]

  • Decisive years ahead: ONE’s fuel choice conundrum for 20 methanol-ammonia newbuilds

    13 July 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Ports & Logistics, Transition, Vessels, Vision

    The jury is still out on the fuel choice for a series of twenty new vessels the Singapore-based container shipping major Ocean Network Express (ONE) has on order. “We haven’t made a decision yet on which technology to choose. The jury is still out and like the rest of the industry we are very interested […]

  • API: American oil & gas as ‘reliable and realistic partners’ of renewables and energy security

    6 September 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    API advocates for a ramp-up of U.S. oil and gas production to solve energy security and energy transition concerns.

  • Environmentalists blast UN for lack of ambition as IMO adopts GHG reduction measures

    18 November 2020
    Authorities & Government, Environment, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    The International Maritime Organization (IMO) has approved a number of measures aimed at cutting the shipping sector’s carbon emissions in the next decade. The measures adopted at the IMO’s Marine Environment Protection Committee (MEPC) taking place virtually from 16-20 November included amendments to the International Convention for the Prevention of Pollution from Ships (MARPOL) to strengthen the […]

  • Pingtan Receives Offer for Dredging Operations Subsidiary (China)

    29 July 2013

    Pingtan Marine Enterprise Ltd.  an integrated marine services company providing territorial sea fishing and dredging services in the People’s Republic of China (PRC), today announced that its Board of Directors has received an offer from its Chairman and CEO, Mr. Xinrong Zhuo, to acquire the assets of China Dredging Group, or CDGC, and its PRC […]

  • Mackley Makes Good Progress on the Thames Project

    23 November 2017
    Business & Finance

    Mackley is part way through an 11-week project to improve protection for an Environment Agency asset on the River Thames at Coldharbour on the Isle of Dogs. The Coldharbour Flood Wall Remediation and Foreshore Protection Works are being carried out under a 10-year Environment Agency framework called TEAM2100, which involves looking after the agency’s assets […]

  • BIO-SEA’s BWTS for world’s largest LNG-powered cruise ship

    4 November 2022
    Business Developments & Projects, Equipment, Vessels

    MSC World Europa, the first in a series of four next-generation cruise ships to join the MSC Cruises’ fleet, has been delivered with a ballast water treatment system (BWTS) from BIO-SEA by BIO-UV Group.

  • ConocoPhillips picks up drilling permit for Norwegian Sea wildcat

    3 March 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia a drilling permit for a wildcat well located offshore Norway.

  • VIDEO: JAXPORT to Handle Big Project Cargoes (USA)

    4 December 2013
    Business & Finance, Equipment, Technology

    Following an 18-month, $12.4 million reconstruction project, the heavy lift cargo berth at JAXPORT’s Blount Island Marine Terminal is stronger than ever and now ranks as one of the nation’s highest-weight-bearing-capacity docks. The recently completed infrastructure project more than doubled the pounds-per-square-foot capability of JAXPORT’s Berth 31 to 1,800 and increased its pounds-per-axle rating, or […]

  • Final LiftWEC wave energy concept moves forward to tank trials

    5 September 2022
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition, Vision

    The partners in the EU-funded €3.4 million LiftWEC project have selected the final concept for a wave energy device, based on hydrodynamic lift forces, that will be put through its paces at the wave tank in Ecole Centrale de Nantes.

  • Maersk reports record profit amid high freight rates

    5 May 2021
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    Danish shipping and logistics giant A.P. Moller – Maersk delivered an exceptionally strong performance in Q1 2021 with a record profit for the quarter.

  • ExxonMobil makes two more discoveries offshore Guyana as Liza FPSOs hit design capacity

    27 July 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the operated Stabroek block.

  • Sembcorp Marine’s subsidiary faces arbitration over allegations of breach and payment claims

    27 December 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Jurong Shipyard is facing arbitration under four separate contracts due to allegations of a breach of contract and payment claims.

  • Australia: Government Plans New Channel for Gladstone

    26 September 2012

    A proposal to build a vital new shipping channel in Gladstone Harbour will be the subject of a rigorous environmental assessment after being declared a ‘significant project’ by the Queensland Coordinator-General. Deputy Premier and Minister for State Development, Infrastructure and Planning Jeff Seeney called for the public to comment on the project’s draft terms of […]