Search results for: Fjord Line

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  • 15 January 2013
    Business & Finance

    On Jan. 14, 2013 Governor Rick Scott announced a commitment of $38 million in state and local funding to complete Phase II of the TraPac Container Terminal project at JAXPORT. The investment enables JAXPORT to jump-start the final phase of fixing the navigational problems in the St. Johns River at Mile Point from its previously […]

  • 21 February 2011

      An interactive forum and networking event for project owners, financiers, insurers, contractors, construction lawyers, regulators, government agencies and NGOs, advisors to decision makers in the maritime infrastructure construction industry. This two-day forum with the theme Partnering Creates Possibilities will bring together top-level experts and advisors responsible for construction projects for an in-depth exchange of […]

  • 14 November 2011
    Business & Finance, Equipment

    Since the 1970s, when early autonomous underwater vehicles (AUVs) were developed at MIT, Institute scientists have tackled various barriers to robots that can travel autonomously in the deep ocean. This four-part series examines current MIT efforts to refine AUVs’ artificial intelligence, navigation, stability and tenacity. If an underwater robot is to open a valve or […]

  • 28 May 2014
    Authorities & Government, Business & Finance

    Two Ambassadors have been given an in-depth insight into the North East’s expertise and exporting prowess during a two-day visit hosted by UK Trade & Investment. Scott Wightman, the British Ambassador to the Republic of Korea and Sungnam Lim, the Republic of Korea’s Ambassador to the UK, were in the North East to learn more […]

  • 7 February 2012

    The Cleveland-Cuyahoga County Port Authority officially opened the Cleveland Lakefront Nature Preserve, providing public access to a unique 88-acre urban wildlife habitat. The Preserve is a man-made peninsula on the Lake Erie shoreline and a haven for a variety of migratory birds, butterflies and animals. Located at the northern end of Martin Luther King Jr. […]

  • 26 October 2012
    Business & Finance

    The use of the world’s oceans as a dumping ground for harmful wastes has been systematically regulated and reduced under the terms of an international convention that, this year, celebrates 40 years since it was first adopted. The “Convention on the Prevention of Marine Pollution by Dumping of Wastes and Other Matter, 1972”, usually referred […]

  • 2 January 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Subsea World News has singled out the most interesting article from each month of 2017 that highlighted the subsea industry. In the Q1 2017, we saw the largest merger in the industry between Technip and FMC Technologies. Emas Chiyoda Subsea went bust and ABB sold its subsea cable business to NKT. January: TechnipFMC Marks Its […]

  • 28 April 2014
    Business & Finance

    Thailand’s PTTEP today posted a net profit of USD 380 million, a decrease of USD 300 million or 44% against the first quarter of 2013, which was USD 680 million. The decrease of 2014 first quarter net profit comprised of the non-recurring items of USD 106 million from the impact of foreign exchange and of […]

  • 29 June 2015
    Business & Finance, Exploration & Production

    Shandong Offshore International Company Limited has decided to acquire Northern Offshore, Ltd. (NOF) for $165 million.  The acquisition of NOF will be done by Shandong Offshore Company Limited (Bidco), which is a wholly owned subsidiary of the Shandong Offshore International Company Limited. It will be implemented by way of an amalgamation under Bermuda law at an acquisition price of […]

  • 8 July 2008

    4 July 2008 – Aker Solutions has acquired the shares in Qserv Ltd., a leading provider of well, process and pipeline services in the North Sea and International markets. Qserv is a privately owned company established in 2001. The company has approximately 400 employees, of which 250 work offshore. The company is headquartered in Aberdeen, […]

  • 21 February 2013

    The new LeaderSHIP 2020 strategy to increase the competitiveness of European maritime technology was presented by Vice President of the European Commission responsible for enterprise and industry policy Antonio Tajani, together with SEA Europe, the European Ships and Maritime Equipment Association. The new strategy is the result of a close co-operation between the industry, the […]

  • 29 October 2013

    PTT Exploration and Production Public Company Limited or PTTEP posted a net profit of USD 566 million in the third quarter of this year, an increase of USD 8 million in compare to the third quarter of 2012 at USD 558 million. The result comprised of the recurring net profit for this period amounted to […]

  • 7 November 2012
    Business & Finance

    Since 1987, RWE Dea AG as operator and Wintershall Holding GmbH as a consortium partner have ensured safe oil production from Mittelplate – one of Germany’s largest oil reservoirs. The 25-year anniversary of Mittelplate oil production was celebrated today, in the company of about 200 guests, from political, business and administration circles, and the media. […]

  • 6 May 2014
    Business & Finance

    SeaBird Exploration PLC has announced its financial results for the first quarter of 2014. 2014 SUMMARY OBSERVATIONS FOR THE FIRST QUARTER – Revenues for the quarter were $33.7 million, a decrease of 33% compared to the comparable period in 2013 and down 13% relative to Q4 2013. – Contract revenues for the period were $30.5 million, […]

  • 7 August 2015

    Earlier in this special we elaborated on the idea of big data. The maritime industry is not yet very familiar with the ins and outs of this kind of data use. Nevertheless, a number of projects were conducted during the last few years which focussed on the use of big data. A research project of […]

  • 1 November 2010

    WestSide Corporation Limited has received a notice of intention from Mitsui E&P Australia Pty Ltd (Mitsui) to exercise its farm-in option to acquire a 49 per cent interest in each of the Company’s Galilee Basin tenements, ATP 974P and ATP 978P. WestSide’s Chief Executive Officer Dr Julie Beeby welcomed Mitsui’s decision to expand the alliance […]

  • 14 January 2015
    Business & Finance, Equipment, Technology

    The Corps oldest dredge wrapped up another successful dredging season on the Middle Mississippi, January 8. The U.S. Army Corps of Engineers St. Louis District’s Dredger Potter, built in 1932 during the Great Depression did not let age stand in her way as she moved more than 3.2 million cubic yards of sediment this year […]

  • 8 July 2011
    Operations & Maintenance, Research & Development

      Although a relatively new technology, off shore wind energy is the leader of the three technologies with 2,946 MW currently deployed in Europe, and plans for North America’s first off shore wind farm to be developed during 2012. Th e wave and tidal energy industries are at an earlier stage, lacking the head start […]

  • 14 July 2011
    Business & Finance, Operations & Maintenance

      Following the launch of Austal’s Wind Express series in mid 2010, Austal announces the award of a contract for the design and construction of three purpose-built 21 metre offshore support vessels (OSVs) for Turbine Transfers Limited, based in Holyhead, United Kingdom. The Austal built OSV catamarans will be used to transport service crews and […]

  • 5 September 2014
    Business & Finance, Research & Development

    NASA is helping the U.S. Department of Energy (DOE) harness the power of the oceans by first harnessing the power of the crowd. Ocean waves hold a tremendous amount of energy that is almost entirely untapped, despite the ever-growing need for sustainable, non-polluting electricity. “It takes a lot of money to build something, deploy it […]

  • 28 August 2012
    Business & Finance

    When working in the most extreme offshore environments, crews have to be able to rely on the absolute integrity and performance of their vessels. Ulstein Group has joined forces with GC Rieber Shipping to offer the market a new standard in operational security and performance – a ship that refuses to accept failure, thanks to […]

  • 25 April 2014
    Business & Finance

    Bluewater group today reported that the net loss after tax for the first quarter of 2014 was U.S.$(3.3) million compared to a profit of U.S.$12.4 million for the first quarter of 2013. EBITDA for the for the first quarter of 2014 was U.S.$40.0 million compared  to U.S.$51.3 million for the first quarter of 2013. The […]