10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Origin Completes USD 646 Million Notes Issue (Australia)

    12 October 2012

    Origin Energy announced the successful completion of the €500 million (approximately US$646 million) seven year medium term notes (Notes) issue under its Euro Medium Term Note Program, which was announced on 3 October 2012. The Notes will be issued by Origin Energy Finance Limited (a subsidiary of Origin). Origin Executive Director, Finance and Strategy, Ms […]

  • USA: Hilton Head Island Renourishment Kicks Off

    20 December 2011

    A two-month project to pump sand on to an eroding part of Hilton Head Island has begun. The Island Packet of Hilton Head reports that crews started laying pipe for the nearly $10 million project on Friday and hope to start pumping sand from a mile offshore on to the northeast tip of the island […]

  • Statoil Stops Production from Kristin and Tyrihans Fields (Norway)

    15 December 2010

    In connection with a routine inspection of the Kristin platform in the Norwegian Sea at the end of last week, a high temperature was discovered on the outside of an exhaust duct on one of the gas turbines. The temperature was higher than considered acceptable and a decision was taken to stop production during Sunday […]

  • VIDEO: Clacton to Holland-on-Sea Coastal Scheme

    27 November 2014
    Business & Finance

    Significant progress has been made over the first few months on a £36 million scheme to improve coastal defenses between Holland-on-Sea and Clacton. The main contractor for the scheme is VBA Joint Venture Limited, with the project being managed by Mott MacDonald. This video shows the start of the full beach recharge for phase one […]

  • Senator Urges Jones Inlet Repair Works (USA)

    1 August 2013

    United States Senator Charles E. Schumer today announced that, after his push, the U.S. Coast Guard will replace the main navigational light tower at the end of the rocky jetty at Jones Inlet that was destroyed by Superstorm Sandy in a highly expedited fashion. Originally, the Army Corps and Coast Guard hadn’t been slated to […]

  • LNG-fueled Star of the Seas joins Royal Caribbean fleet

    11 July 2025
    Business Developments & Projects, Infrastructure, Vessels

    U.S.-based cruise holding company Royal Caribbean has taken delivery of an LNG-fueled Icon-class newbuild Star of the Seas from Finnish shipbuilder Meyer Turku.

  • FPSO Held Firm by Back-Up Lines Made with DYNEEMA® (The Netherlands)

    24 February 2011
    Business & Finance, Equipment

      Ropes made with Dyneema®, ultra-high molecular weight polyethylene (UHMWPE), are being successfully used to secure rigs, Mobile Offshore Drilling Units (MODUs), Buoyant Turret Mooring (BTM) systems and similar constructions in the offshore oil and gas industry. Users are finding them invaluable when original equipment steel wire rope (SWR) and chains that secure mooring legs […]

  • ITF Stages Worldwide Rallies in Support of Australian Seafarers

    8 May 2019

    Seafarers are demanding a strong Australian shipping industry.

  • VIDEO: Sea Trials of Tugboat “MB-92” Completed

    29 August 2013

    The yard sea trials of tugboat “MB-92” (building No 503, project PE-65) the first tugboat from the series of four tugboats of project PE -65, built for the Russian Navy has successfully completed. Assignment: towing of vessels and floating objects in harbor areas and open seas performing of escort operations at the speed of 10 […]

  • New Managing director for ONGC Videsh (India)

    29 August 2014
    Business & Finance

    Narendra K Verma has taken charge at India’s ONGC Videsh as its Managing Director. Verma has been Director (Exploration) of the Maharatna ONGC since April 1, 2013 after having a more than three decades long career with the oil major. Prior to joining the Board of Directors of ONGC, he was the Director (Exploration) for […]

  • Pirates Attack and Board Bulker off Somalia

    10 April 2017
    Business & Finance

    An unknown number of pirates attacked and boarded the 1999-built bulk carrier OS 35 while the vessel was sailing in the Gulf of Aden in the evening hours of April 8. The ship’s crew of 19 seafarers, including the Captain of the bulker, had locked themselves in the citadel on board and sent a distress call, […]

  • Depressed Freight Rates to Push Down Maersk Line’s Results

    23 October 2015
    Business & Finance

    Danish shipping and energy conglomerate Maersk has lowered its expectations for Maersk Line’s business results for 2015 amid depressed market. The previous expectation, as announced in the Q2 report, was based on an underlying result contribution from Maersk Line above USD 2.2bn. However, this has now been reduced to USD 1.6bn. “The group’s sensitivity guidance for the last […]

  • ITF: Panama a Tax Haven as FOC Flag Country

    7 April 2016

    Revelations of tax avoidance and related activities, mentioned in the leaked Panama Papers this week, could lead to a change in the current climate of tacit approval for this kind of “socially damaging behaviour”, the International Transport Workers’ Federation (ITF) said. An example of such tax evasions is flag of convenience (FOC) shipping, which states that a vessel owned in one […]

  • Greece: Star Bulk Receives its Newbuild Capesize Vessel

    15 November 2011
    Business & Finance

    Star Bulk Carriers Corp., a global shipping company focusing on the transportation of drybulk cargoes, today announced that it has taken delivery of the Star Polaris, a 179,546 dwt Capesize newbuilding. The Star Polaris is the second vessel delivered to the Company from HHIC-Phil Inc., a subsidiary of Hanjin Heavy Industries and Construction Co. Ltd. […]

  • MSC, Seaspan welcome new 24K TEU boxship MSC Micol

    9 October 2023
    Vessels

    The sixth 24,000TEU ultra large container ship MSC Micol built by Yangzi Xinfu Shipbuilding, a subsidiary of Yangzijiang Shipbuilding Group, was delivered to the shipowners Seaspan and Mediterranean Shipping Company (MSC) and put into operation.

  • Crane Falls at Jebel Ali Port after Boxship Collision, No Fatalities

    8 May 2017
    Business & Finance

    A CMA CGM container vessel collided with the harbour wall while berthing at Jebel Ali Port, Terminal 1 on May 4 striking the leg of a quay crane causing it to fall, Dubai-based terminal operator DP World confirmed. A second crane was also shifted off its rails during the incident but remained upright and stable. […]

  • Two Equinor workers injured in serious incident in North Sea

    29 November 2019

    Two Equinor employees were injured in a serious work-related incident on board the Heimdal platform in the North Sea on Thursday 28 November.

  • Swire breaks off shipbuilding contracts for four vessels

    9 April 2015
    Business & Finance, Project & Tenders

    Shipowner and operator, Swire Pacific Offshore Operations (SPO), has reaffirmed the cancellation of shipbuilding contracts for four Platform Supply Vessels (PSVs) with Estaleiro Ilha S.A (EISA) yesterday (April 8, 2015).  According to SPO, this update follows a period of negotiations requested by EISA following the Notice of Cancellation delivered by SPO in August 2014. SPO said: […]

  • VTT Develops Technology for Autonomous Ship Navigation Systems

    21 June 2017
    Business & Finance

    Research and technology company VTT Technical Research Centre of Finland has been developing safe steering for the remotely monitored and controlled ships of the future. As explained, the new technology has been created for navigation systems and ship autopilots, which steer ships automatically. Although the ships of the future will largely be controlled by artificial […]

  • Northern Offshore expands fleet with new jack-up rig

    16 January 2018
    Exploration & Production

    U.S. offshore driller Northern Offshore has taken delivery of a new jack-up drilling rig built by Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS) in China.

  • Sweden: MJP Waterjets Sets New Standard with Five Year Warranty on Waterjet System

    20 May 2011
    Business & Finance

    For the first time in the propulsion industry, MJP Waterjets sets a new standard by introducing a five year warranty on its waterjet system. The company is able to take this bold action thanks to the fact that its designs are made for heavy duty with an excellent record. There are simply very few faults […]

  • East Riding Moves Forward on Tackling Coastal Erosion

    16 December 2015
    Business & Finance

    East Riding of Yorkshire Council has taken big steps forward in its bid to establish a sustainable approach to managing coastal erosion. A series of actions has been agreed following a meeting of council representatives with Rory Stewart MP, Environment Minister at the Department for Environment, Food and Rural Affairs (DEFRA), and East Yorkshire MP […]

  • First gas produced from Sillimanite South field

    13 January 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    Wintershall Noordzee has started up the production of the D12-B3 well, the Sillimanite South field discovery well located in the Southern North Sea.

  • Shell: Bonga Leak Largely Dispersed (Nigeria)

    26 December 2011
    Business & Finance

    Shell yesterday confirmed the oil leak from the Bonga facility off the coast of Nigeria has largely dispersed.  The news comes five days after less than 40,000 barrels of oil leaked during a routine operation to transfer of oil from Bonga’s floating production, storage and offtake (FPSO) vessel to an oil tanker. Since the leak, […]

  • UAE: Imtech Marine’s New Training Center Becomes Operational

    13 March 2014
    Business & Finance

    Imtech Marine has expanded its training facilities in the Middle East with a new Training Centre in Sharjah, United Arab Emirates. The training centre, hosted by Imtech Marine’s company Radio Holland Middle East, has started with a type specific ECDIS Training Course for Navigators and Masters to meet the high demands for ECDIS familiarization. The […]