Search results for: Crysis

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  • 27 October 2011

    French oil services group Technip shrugged off global economic uncertainty on Thursday as it unveiled forecast-beating quarterly results and… By Marie Maitre (Reuters) [mappress] Source:Reuters , October 27, 2011

  • 28 October 2011
    Business & Finance

    In the third quarter of 2011, the technology company The Linde Group built on its good business performance in the first half of the financial year, achieving significant increases in Group sales and Group operating profit in the nine months to 30 September 2011. “We are continuing to make good progress and are therefore able […]

  • 10 November 2011

    Norwegian offshore oil and natural- gas investment will rise through 2014, defying a global economic slowdown, as recent discoveries and …   By Stephen Treloar (Bloomberg) [mappress] Source: Bloomberg, November 10, 2011

  • 7 October 2016
    Business & Finance

    The current crisis in the dry bulk shipping sector could have a wider impact with effects on other major sectors of shipping such as tankers and containers, according to BIMCO’s latest report. Looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties, BIMCO predicts major changes, including consolidation, greater focus on risk […]

  • 10 April 2009

    A catamaran caught out by a broken rudder early on Wednesday morning has been towed safely back to St Peter Port in Guernsey. The St Peter Port lifeboat, the Spirit of Guernsey, was called out at 0356 BST to help French catamaran Ocean Voyager. Three people were on board when the boat’s steering stopped working […]

  • 27 March 2020
    Business & Finance

    Apart from the ongoing health crisis, the cruise industry is currently also faced with an economic crisis. 

  • 30 March 2020
    Business & Finance, Infrastructure, Market outlooks, Outlook & strategy, Vessels

    Apart from the ongoing health crisis, the cruise industry is currently also faced with an economic crisis. 

  • 5 July 2017

    Qatar is eager to retain its position as the world’s key exporter of liquefied natural gas (LNG), especially in light of the ongoing dispute with its neighbors which could result in more economic sanctions against the country. On Tuesday, Qatar Petroleum announced its intention to raise Qatar’s LNG production from 77 million to 100 million tons per […]

  • 28 June 2017

    The economic and political sanctions imposed on Qatar earlier this month could protract indefinitely, BBC News reports citing a UAE government spokesman, according to whom Qatar seems to be unwilling to comply with a list of demands set by a number of Arab countries. Namely, after Saudi Arabia, the United Arab Emirates (UAE), Bahrain and […]

  • 18 February 2010

    During last year production fell by 90 per cent and 75 per cent of all employees in the Tuzla’s shipyard industry had to leave their jobs, Hellenic Shipping reports. Half of the 46 shipyards are reported to be inoperative and only one contract with delivery in 2012 has been signed.

  • 21 September 2007

    A crisis is looming in superyacht crew availability as between 3000 and 4000 new recruits are sought to man yachts due to launch over the next 12 months. Industry research shows that there is US$1.5 billion worth of superyachts currently under construction but there are too few qualified crew to man them.

  • 27 June 2017

    Oman seems to have benefited considerably on the back of the Qatar-Gulf Crisis as it has seen the number of vessels berthing in the country jump by 75 pct during the same week as the diplomatic fallout, CargoSmart’s data shows. Specifically, prior to the dispute the highest number of recorded vessel arrivals per week from March […]

  • 21 September 2016
    Business & Finance

    Due to a further escalation of the shipping markets crisis, Germany’s transport finance specialist DVB Bank said that it no longer expects to achieve consolidated net income for the 2016 financial year that approaches net income of the previous year, as originally forecast. Namely, the crisis results in higher allowances for credit losses on exposures in Shipping Finance and Offshore […]

  • 24 April 2015

    Commenting on the European Council’s decision on migrant rescue operation in the Mediterranean, the merchant shipping industry questioned the fact that operation Triton remains within the mandate of FRONTEX, the EU border agency. Namely, this raises serious questions about the extent to which these efforts will fully ensure the immediate prevention of further loss of life, the International Chamber […]

  • 30 July 2012

    Many dredgers belonging to the Dredging Corporation of India (DCI) are non-operational, reports The DCI is also unable to recover payments from clients such as Sethusamudram Corporation Ltd, Kolkata Port and others. The recognised union made the allegation in a petition submitted to the Parliamentary Committee on Assurances which visited the DCI as part […]

  • 12 October 2009

    The only way out of this economical mess is to innovate. This is the strong belief of the team and to show their commitment to this industry they have done just that. At IBEX next week they will launch a complete new release of their renowned technical library as well as a new website […]

  • 4 May 2020
    Authorities & Government, Infrastructure, Market outlooks, Outlook & strategy, Ports & Logistics, Regulation & policy

    The European Sea Ports Organisation (ESPO) has proposed a two-step approach to the new EU Transport Strategy amid the coronavirus pandemic.

  • 28 April 2020
    Authorities & Government, Business & Finance, Business developments & projects, Human Capital, Market outlooks, Outlook & strategy, Transition

    UK’s offshore unions have launched a campaign to protect the jobs in the oil and gas sector and secure its future, calling for a halt to the “carnage” of jobs.

  • 17 September 2014
    Business & Finance

    Amid growing security issues spurred by the crisis in Libya, U.A.E. port authorities issued instructions to cease loading containers for export and transshipment bound for Libyan ports, effective immediately, Danish-headquartered shipping company Safmarine said. “As advised by the port authorities, containers bound for Libya will be held at the port and will not be loaded on the […]

  • 16 June 2020
    Business & Finance, Business developments & projects, Exploration & Production, Market outlooks, Outlook & strategy

    There is a case to be made that the coronavirus crisis has been setting the stage for the restructuring of the offshore drilling market.

  • 28 February 2005

    AN ACUTE skills shortage and continuing recruitment problems could threaten the long-term future of the North Sea oil and gas industry by delaying projects and increasing costs, it was claimed yesterday.

  • 6 March 2007

    Ministers have come under pressure over the crisis at Ferguson shipyard, where up to 99 jobs could be lost. The Scottish National Party, the Tories and the STUC said ministers must take responsibility for any job losses in Port Glasgow.