Search results for: race bank

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  • Exceptional First Half for Boskalis

    20 August 2015
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) realized a net profit of €306.5 million in the first half of 2015, a rise of 21% (H1 2014: €253.0 million). Revenue in the first half of the year rose 1.6% to €1.57 billion (H1 2014: €1.55 billion). Adjusted for (de)consolidation and currency translation effects, revenue was stable. EBITDA in the first […]

  • Interventek Marks £10M in Deals with New Base

    6 February 2020
    Business & Finance, Equipment

    Subsea systems technology specialist Interventek has been awarded a multi-million-pound contract to supply three 10,000psi in-riser landing string completion systems for an international OEM client. With this and other new business wins over the last twelve months valued in excess of £10 million, Interventek has relocated to larger facilities to better service the demand for […]

  • Hunter Group, DNV to develop CCS shipping solutions

    6 March 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Transition, Vessels

    Oslo-listed Hunter Group ASA and DNV classification society have entered into a joint cooperation agreement for the development of a low-pressure mid-stream shipping solution for Carbon Capture and Storage. The parties have agreed to work together to develop a 40-70K cbm liquified CO2 carrier with 20-30K cbm feeder vessels with the aim to meet defined […]

  • Nova Innovation makes waves with two new tidal turbines

    31 January 2023
    Business & Finance, Business Developments & Projects, Research & Development

    Edinburgh-based tidal energy company Nova Innovation has doubled the size of its Shetland Tidal Array with the installation of two new turbines.

  • Neptune kicks off final drilling campaign on Fenja field

    26 October 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    Oil and gas company Neptune Energy has started drilling operations on four production wells on the Fenja field in the Norwegian Sea.

  • Klaipedos Nafta to acquire FSRU Independence from Hoegh LNG

    4 February 2022
    Business Developments & Projects, Infrastructure, Operations & Maintenance, Vessels

    Lithuanian LNG terminal operator Klaipedos Nafta will acquire the FSRU Independence from Hoegh LNG at the end of its lease agreement.

  • BP starts drilling Platina field offshore Angola

    2 December 2020
    Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Oil major BP has begun drilling on the Platina field in Block 18 offshore Angola using Valaris’ DS-12 drillship.

  • NREL researcher to patent novel wave energy device design

    30 November 2020
    Innovation, Research & Development, Technology

    National Renewable Energy Laboratory’s (NREL) researcher Scott Jenne has designed an inflatable wave pump device that could lead the way to affordable wave energy of the future.

  • UAE: Innovation, Diversity and Long Term Relationships with Customers – Main Drivers of DP World

    15 April 2011

      Innovation, diversity and long term relationships with customers and business partners will continue to be the main drivers of DP World, UAE Region’s future development. Addressing a visiting team from the International Institute of Management Development (IMD), Switzerland, this week Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE Region, said the premier regional port […]

  • In focus: A snapshot of the future of offshore energy

    19 August 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Ports & Logistics, Project & Tenders, Regulation & Policy, Transition, Vessels

    A closer look at this week’s snapshot of the most recent energy transition-related developments reveals an outline of what the future may hold for the sector.

  • MSC shatters records with delivery of 24,346 TEU MSC Irina

    13 March 2023
    Business Developments & Projects, Green Marine, Vessels

    The world’s largest container shipping company MSC is delivering on its promise to inject massive vessel capacity into its fleet this year. Namely, the Swiss-based container shipping giant has welcomed into the fleet another giant 24,000 TEU vessel, MSC Irina, which was built by Jiangsu Yangzi Xinfu Shipbuilding Co. With a massive 24,346 TEUs and […]

  • Sunlit Sea targets fully automated floating solar panels production

    19 April 2022
    Business Developments & Projects, Equipment, Infrastructure, Market Outlooks, Outlook & Strategy, Technology

    Norwegian company Sunlit Sea is ramping up the production capacity for its floating solar technology by transitioning from manual to automatic production at its facilities.

  • Welsh marine energy test centre secures Crown Estate lease for open water sites

    26 August 2021
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Regulation & Policy, Research & Development, Technology

    Marine Energy Test Area (META), Wales’ national test centre, has officially signed a lease with The Crown Estate, launching the opening of its open water test sites.

  • Port of Rotterdam’s service continuity unharmed in 2nd corona year

    20 January 2022
    Business & Finance, Business Developments & Projects, Ports & Logistics

    The second corona year did not jeopardise the continuity of services at the Harbour Master’s Division of the Port of Rotterdam, according to the authority.

  • Mersey Tidal Power project gets new director

    17 July 2020
    Business & Finance

    Industry veteran, Martin Land, has been appointed as project director for the Mersey Tidal Power project. Metro Mayor of the Liverpool City Region Steve Rotheram announced the appointment. Martin has over 30 years’ project experience across energy and infrastructure roles including consenting, development and delivery of power projects and major rail schemes, having worked with a […]

  • Missing tanker reappears in Iran after suspected ‘hijacking’

    16 July 2020
    Human Capital, Vessels

    The crude oil tanker MV Gulf Sky, which went missing for several days after going off radar, has reemerged in Iranian waters. According to Human Rights at Sea, the crew of the ship was allegedly kidnapped on the evening of July 5, 2020, by unknown persons and they were forcedly transferred to Iranian waters. The […]

  • Crown Beach Gets News Sand (USA)

    11 July 2013

    With additional funding approved July 2 by the East Bay Regional Park District Board, 82,600 cubic yards of sand will be pumped onto Crown Memorial State Beach and Alameda Beach between September and November this year. The project will restore the beach and dune system to its 1987 footprint, at a cost of nearly $5.3 […]

  • Senator Coons Cosponsors Bipartisan Bill to Support Dredging (USA)

    11 February 2013
    Business & Finance

    U.S. Senator Chris Coons (D-Del.) joined U.S. Senator Carl Levin (D-Mich.) in introducing bipartisan legislation to fund critical operations and maintenance of the nation’s harbors, including the Delaware River. The Harbor Maintenance Act of 2013 (S.218) would require funds in the Harbor Maintenance Trust Fund be spent for their intended purpose of maintenance and operations […]

  • Hall Named “Host Employer of the Year” (Australia)

    3 April 2013
    Business & Finance

    The accolades keep on coming for Sunshine Coast based business Hall Contracting, with the dredging and civil contracting company having taken out the 2012 Host Employer of the Year award at the Acclaim Apprentices and Trainees awards evening held recently. Hall Contracting Director Cameron Hall said he was delighted to have the company’s efforts recognised […]

  • Record Attendance for “Dredging Your Docks” Conference

    26 November 2014
    Business & Finance

    Every fall, Chris Ransome & Associates (CRA, Inc.) and Orion Marine Group sponsor an annual seminar to raise awareness for maintenance dredging in ports, harbors and waterways such as the Houston Ship Channel. With more marine construction underway and new docks coming online in Texas, there are many challenges that the private industry of the […]

  • The Netherlands: Boskalis Posts Good Result Despite Challenging Market Conditions

    18 August 2011
    Business & Finance

    Royal Boskalis Westminster N.V. realized a good result in the first half of 2011, with net profit coming in at € 114.1 million on revenue of € 1,250 million (first half of 2010: € 123.9 million and € 1,135 million respectively). Compared to the end of 2010 there was a decline in the order book […]

  • 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 […]

  • USA: DEC Releases Details on Kensico Dredging Program

    1 October 2013
    Business & Finance

    The Commissioner Carter Strickland announced the following statement on the Department of Environmental Conservation proposed modifications to consent order regarding releases from Ashokan Reservoir and future dredging at Kensico Reservoir. “The details released by the state Department of Environmental Conservation (DEC) of proposed modifications to the draft consent order are an important step for the […]

  • CIMC Group: MSC’s recently ordered LNG-powered boxships will be ammonia-ready

    17 February 2023
    Business Developments & Projects, Certification & Classification, Collaboration, Environment, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Safety, Transition, Vessels

    Although liner heavyweight Mediterranean Shipping Company (MSC) is trying to keep its ordering of new boxships on the down low, details have emerged of the company’s ten recently ordered LNG dual-fuel containerships. The order was confirmed by China’s CIMC Group, which disclosed that the construction contract was secured by Zhoushan Changhong, a joint venture between […]

  • MISC welcomes eco-efficient LNG carrier pair

    31 January 2023
    Vessels

    MISC Berhad (MISC), an owner and operator of liquefied natural gas (LNG) carriers, has taken delivery of its new eco-efficient vessels, Seri Damai and Seri Daya.