Search results for: race bank

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A list of search results

  • 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.

  • S&P Global introducing carbon-accounted tanker assessments under EU ETS

    27 July 2022
    Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Starting on 1 August, S&P Global Commodity Insights, a provider of energy and commodities information, will launch daily Platts price assessments for freight emissions under the European Union’s Emissions Trading System (ETS). As explained, the new assessments will show the cost of carbon dioxide emissions from fuel combustion to transport crude or fuel oil on […]

  • World Maritime Theme 2022 centered around green technologies

    7 July 2021
    Authorities & Government, Environment, Outlook & Strategy, Regulation & Policy, Transition

    “New technologies for greener shipping” has been chosen as the World Maritime theme for 2022, reflecting the need to support a green transition of the maritime sector into a sustainable future, while leaving no one behind, the International Maritime Organization (IMO) said.

  • Safety regulator launches probe into gas leak on North Sea platform

    26 May 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Safety

    Norwegian safety regulator has opened an investigation into a gas leak incident on one of Equinor’s platforms in the North Sea off Norway.

  • U.S. ocean observing prize competitors get more time and money for innovations

    25 January 2022
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition

    The 2022 Powering the Blue Economy: Ocean Observing Prize competitors have been granted additional support to develop innovations for the integration of marine renewable energy with ocean observation platforms.

  • Singapore approves over 4,000 crew change cases during coronavirus

    12 June 2020
    Human Capital, Infrastructure, Ports & Logistics

    More than 4,000 cases of crew sing-on and signoff have been approved by the Maritime and Port Authority of Singapore (MPA) for over 300 companies since 27 March 2020.

  • Northland Power could invest € 13 billion in offshore wind in next five years

    5 February 2021
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition

    Over the next five years, Northland Power could invest between at least CAD 15 billion and CAD 20 billion (between EUR 9.8 billion and EUR 13 billion) in new offshore wind projects in which it holds ownership shares, with offshore wind being an anchor for its next phase of growth in the renewable energy sector. […]

  • UK: EA Launches Public Consultation on Exe Estuary Plans

    18 January 2013

    The Environment Agency is launching a public consultation on future plans for managing tidal flood risk and coastal erosion around the shores of the Exe Estuary on January 20, 2013. The draft Exe Estuary Flood and Coastal Erosion Risk Management Strategy takes into account predicted changes in sea level rise up to 2110, and sets […]

  • Esvagt to reduce employee pay over COVID-19, oil price drop

    12 May 2020
    Business & Finance, Business Developments & Projects

    Offshore vessel provider Esvagt has decided to streamline its operations and reduce pay to its workers and management to combat the consequences of the decreasing energy prices and COVID-19.

  • Support for fossil fuels passed $697 bln in 2021, delaying energy transition progress, says OECD and IEA

    30 August 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    The IEA and the OECD outline in their new analysis that the backing for fossil fuels almost doubled in 2021, reaching $697.2 billion.

  • Important Milestone for “Don Diego” Project

    9 September 2014
    Business & Finance, Equipment, Technology

    Odyssey Marine Exploration, Inc., a pioneer in the field of deep-ocean exploration, reported that the Environmental Impact Assessment (EIA) for proposed dredging and recovery of phosphate sands from the “Don Diego” deposit has been filed with the Mexican Secretary of Environment and Natural Resources (SEMARNAT). According to governmental regulations, a response is expected in approximately […]

  • ECSA: Maritime-specific rescue and recovery plan is urgently needed

    3 April 2020
    Authorities & Government, Business & Finance, Infrastructure, Regulation & Policy, Vessels

    ECSA stressed that more sector-specific actions are needed to save the European shipping industry.

  • UK government exploring reforms of its renewable energy auction scheme

    17 April 2023
    Authorities & Government, Business Developments & Projects, Equipment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Technology, Transition, Vision

    The UK government is seeking views on introducing contracts for difference (CfD) reforms, which could reward applicants for including wider benefits their projects could bring when submitting price bids to government for their low-carbon electricity.

  • API urges investment in expanding American oil & gas production to ensure energy security

    11 August 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    The American Petroleum Institute (API) believes ramping up domestic production is the answer to the global supply and demand imbalance.

  • Life after COVID-19: Will the world as we know it change for good?

    9 December 2020
    Business & Finance, Environment, Market Outlooks, Research & Development, Rules & Regulation, Transition

    With the first lockdowns in place in March 2020, the Internet and social media were buzzing with posts and images of empty cities, and in some cities, even wild animals were pictured roaming the streets as if nature was reclaiming the world from humanity. As governments across the globe shut down their plants and traffic […]

  • Operator: Hull of fire-stricken X-Press Pearl’s structurally intact

    31 May 2021
    Environment, Safety, Vessels

    Hull of the feeder containership X-Press Pearl, which has been ablaze off Colombo Port for days, remains structurally intact, the operator of the vessel said. According to an update from X-Press Feeders, salvors have determined that the state of the hull is sound and found that there has been no loss of oil into the […]

  • Ocean energy back on track, OEE statistics show

    10 March 2022
    Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology

    Ocean energy deployments are back to pre-pandemic levels, with Europe installing over ten times as much tidal energy capacity and three times as much wave energy compared to 2020, according to a new report released by Ocean Energy Europe (OEE).

  • USA: Corps Alaska Deepens Vital Navigational Channel

    3 July 2013
    Business & Finance, Vessels

    Fuel shortages and empty store shelves are a potential reality Alaskans will not have to face thanks to the work of 45 crewmembers aboard the Essayons, a U.S. Army Corps of Engineers-owned and operated hopper dredge. The vessel performed a dredging mission for the Corps’s Alaska District from May 12 through June 18 in the […]

  • USA: Great Lakes Dredge & Dock Corporation Announces Strong Start for 2010

    4 May 2010
    Business & Finance

    Great Lakes Dredge & Dock Corporation the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition services, today reported financial results for the first quarter ended March 31, 2010. Commentary Douglas B. Mackie, President and Chief Executive Officer, said, “We had a strong start to 2010, […]

  • After wrapping up Tailwind acquisition, Serica ‘uniquely placed to prosper’

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

    Serica Energy has closed the acquisition of Tailwind, which has diversifying its portfolio with a new production hub while lifting the firm into the top ten UK producers.

  • UAE: DP World Announces 2010 Results

    23 March 2011
    Business & Finance

      DP World has delivered a positive and encouraging financial performance from its global portfolio of marine terminals, which reflect a stronger second half of the year as volume and revenue growth continued to improve on the first half of the year. This, coupled with continuing of cost management and improved terminal efficiencies, resulted in a return to EBITDA […]

  • US researchers team up to collect and share experimental data on vertical-axis tidal turbine

    23 August 2022
    Business Developments & Projects, Collaboration, Equipment, Market Outlooks, Outlook & Strategy, Research & Development, Technology

    Researchers from the National Renewable Energy Laboratory (NREL) and the University of New Hampshire have partnered up to develop tools and collect data on the operation of vertical-axis tidal turbine in an effort to accelerate the development of tidal energy industry.

  • Pacific Basin CEO: We won’t be investing in any more scrubbers

    5 August 2020
    Business & Finance, Equipment

    Hong Kong-based dry bulk shipping company Pacific Basin has ruled out further investments in the installation of scrubbers on its ships despite reporting enviable net savings from the technology worth $23.1 million, representing 38% of its original investment. The company decided to fit scrubbers on 28 of its owned Supramaxes back in 2019 in order to […]

  • Hurricane Laura biggest threat to U.S. oil since Katrina

    26 August 2020
    Environment, Regulation & Policy, Safety

    The U.S. energy industry is preparing to be hit by Hurricane Laura which could cut crude production at a rate approaching the level of 2005’s Hurricane Katrina and stop oil refining at plants along the Texas-Louisiana coast.

  • ITF repatriates fatigued bulker crew after they down their tools in Panama

    19 August 2020
    Human Capital, Rules & Regulation, Vessels

    The International Transport Workers’ Federation (ITF) has managed to repatriate the fatigued crew members of the South Korean-owned bulk carrier Contamines after the seafarers downed their tools after working on board with expired contracts and approaching a year at sea. The crew members were stuck on the ship as their repatriation was delayed due to […]