Africa
Drewry: New Suez Canal Revenue Projections Unfounded
The recently inaugurated New Suez Canal will improve capacity, transit times and reduce delays, not least because it will likely be used by far fewer vessels than expected by its sponsors, according to Drewry Shipping Consultants. The Suez Canal Authority (SCA) estimates that 8% of the world’s marit
Drewry: New Suez Canal Revenue Projections Unfounded
The recently inaugurated New Suez Canal will improve capacity, transit times and reduce delays, not least because it will likely be used by far fewer vessels than expected by its sponsors, according to Drewry Shipping Consultants. The Suez Canal Authority (SCA) estimates that 8% of the world’s marit
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (August 03 – August 09). Fugro has announced further headcount reduction of 200 employees in the coming half year, in particular in the Subsea Services and Geotechnical divisions as it anticipates an e
Popular news, August 3 – 9, 2015
Popular news, August 3 – 9, 2015
Top news of the week, August 3-8, 2015
Video: Wheatstone LNG project more than 65 pct complete Chevron’s US$29 billion Wheatstone liquefied natural gas project in Australia is more than 65 percent complete. Chevron’s profit plunges 90 pct Oil and gas giant Chevron said its second-quarter profit was at $571 million, down 90 percent as com
Top news of the week, August 3-8, 2015
Video: Wheatstone LNG project more than 65 pct complete Chevron’s US$29 billion Wheatstone liquefied natural gas project in Australia is more than 65 percent complete. Chevron’s profit plunges 90 pct Oil and gas giant Chevron said its second-quarter profit was at $571 million, down 90 percent as com
Highlights of the Week – Readers’ Choice
DEME at New Suez Opening On Thursday, 6 August,2015, the Dredging International (75%) and Great Lakes Dredge & Dock Company (25%) consortium participated in the opening festivities of the modernized Suez Canal in Egypt. VIDEO: New Canal – Icon of the Future Records were broken, vessels […]
IMCA: Work-class ROVs most used in 2014
The International Marine Contractors Association (IMCA) has published stats of two surveys it has conducted in 2014, to reflect remotely operated vehicle (ROV) and ROV personnel levels. According to IMCA’s surveys, in February 2014 a total of 3,369 ROV personnel were working, including superintenden
SCCT Prepares for Suez Traffic Growth
The Suez Canal Container Terminal (SCCT), located east of the northern entrance of the Suez Canal, at the convergence of the continents of Africa, Asia and Europe, is preparing for an even larger role in global trade as the expansion of the man-made waterway linking the Mediterranean and Red Seas en
Baker Hughes: Offshore rig count dips in July
The worldwide offshore rig count in July 2015 dropped to 299 active units, down by ten from 309 in June 2015, and down 96 rigs from July last year, Baker Hughes reported Friday. According to the report, the international offshore rig count in July (excluding the U.S. and Canada) was 264, down from 2
Leading Boxship Operators Welcome Expanded Suez Canal
Danish container shipping giant Maersk Line and French carrier CMA CGM have welcomed yesterday’s official inauguration of the expanded Suez Canal. The Suez Canal accounts for roughly 7.5% of world sea trade and container vessels account for over 50% of the canal’s tonnage passage, according to Maers
Leading Boxship Operators Welcome Expanded Suez Canal
Danish container shipping giant Maersk Line and French carrier CMA CGM have welcomed yesterday’s official inauguration of the expanded Suez Canal. The Suez Canal accounts for roughly 7.5% of world sea trade and container vessels account for over 50% of the canal’s tonnage passage, according to Maers