10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • TSA Members Propose Rate Hike in February

    16 December 2015
    Business & Finance

    Prompted by ever depressing freight rates, member container lines in the Transpacific Stabilization Agreement (TSA) have agreed on the need for an across-the-board increase in dry cargo rates, effective February 1, 2016. “Declining Asian consumer and industrial demand, made worse by a strong dollar, has cut into U.S. export volumes and eroded U.S-Asia freight rates […]

  • Japan: Sasebo Group Sees Increase in Newbuild Orders

    20 February 2013

    During the first nine months of the fiscal year ending March 31, 2013, although the Japanese economy showed signs of picking up slowly on the back of reconstruction-related demand from the Great East Japan Earthquake, it began to weaken amid a slowdown in the global economy. Under such circumstances, Sasebo Group posted orders received of […]

  • BNEF: Investment in marine energy down 7% in 2016

    13 January 2017
    Business & Finance, Environment, Operations & Maintenance, Technology

    New investment in clean energy worldwide fell 18% last year to $287.5 billion, with marine energy also being affected by 7% decrease compared to 2015 levels.

  • Mermaid books $84 million loss in Q3

    17 November 2020
    Business & Finance

    Subsea services provider Mermaid has reported net loss of $84.1 million for the three-month period ended 30 September 2020. This result compares with loss of some $6.2 million in the corresponding period in 2019. The Singapore-listed company generated quarterly revenue of $22 million, versus $27 million in Q3 2019 – down some 19 per cent. […]

  • GIWW Meetings Start This Week in Bradenton and Venice

    24 January 2018
    Business & Finance

    The U.S. Army Corps of Engineers, Jacksonville District, has opened a public comment period to gather information to define issues and concerns associated with the operations and maintenance dredging of the Gulf Intracoastal Waterway (GIWW), including those related to placement locations for dredged material. USACE is preparing a Dredge Readiness and Operation Plan (DROP) for […]

  • Reach Subsea sees quarterly deficit grow

    27 May 2020
    Business & Finance

    Norwegian contractor Reach Subsea has widened its quarterly loss against prior-year comparable period on currency effects and IFRS16 depreciation effect. For the first quarter 2020, Reach booked loss of close to NOK 32 million, versus loss of NOK 19 million in the year-ago quarter. To remind, in the fourth quarter 2019, Reach recorded loss of […]

  • Norway: April Production Numbers Above Expectations, NPD Says

    16 May 2012

    The Norwegian Petroleum Directorate, a governmental specialist directorate and administrative body, today released preliminary production figures for April 2012. The figures indicate an average daily production of about 2 030 000 barrels of oil, NGL and condensate. This is 11 000 barrels less than in March 2012. Total gas sales were about 9.4 billion Sm3, […]

  • RES, GES Sign Strategic Alliance

    8 October 2015

    RES and GES have signed a strategic alliance agreement, bringing together complementary skills and common values to provide asset management and O&M services to the offshore wind industry. Jim Sandon, COO of RES Offshore said: “GES stands out as a leading company in the installation and maintenance of wind farms around the world. With more than 3,000 […]

  • RES, GES Sign Strategic Alliance

    8 October 2015

    RES and GES have signed a strategic alliance agreement, bringing together complementary skills and common values to provide asset management and O&M services to the offshore wind industry. Jim Sandon, COO of RES Offshore said: “GES stands out as a leading company in the installation and maintenance of wind farms around the world. With more than 3,000 […]

  • BG Won’t Build Lomond BLP (UK)

    28 March 2013
    Business & Finance

    BG has informed Serica, as Operator of the Columbus field, that it has decided not to proceed with the construction of a Bridge Linked Platform (“BLP”) adjacent to the BG operated Lomond field. The BLP was to be part of the export route for gas and gas condensate from the Columbus field. As a consequence, […]

  • USA: Officials Discuss RESTORE Act

    13 June 2014
    Business & Finance, Equipment, Technology

    U.S. Sen. David Vitter (R-La.), top Republican on the Environment and Public Works Committee, met with Secretary Penny Pritzker of the U.S. Department of Commerce to discuss his concerns regarding the allocation of funds from the Resources and Ecosystem Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States Act of 2012 (RESTORE Act). […]

  • Denmark Signs Hong Kong Ship Recycling Convention

    29 June 2017

    Denmark has become the seventh country to accede to the international Hong Kong Convention in an effort to ensure better protection of people and the environment when ships are recycled. In mid-June the International Maritime Organization confirmed that Denmark expresses the wish to accede to the Hong Kong International Convention for the Safe and Environmentally Sound […]

  • Wavepower recruiting wave energy professionals

    27 January 2015
    Business & Finance, Research & Development, Technology

    Wavepower, a private investment company concerned with wave energy sector, is looking to invest in wave power technologies or companies, as well as expanding their team. Wavepower, based in Glastonbury, plans to fund the technology developers they invest in, from their current stage all the way to commercialisation. They are currently recruiting in order to […]

  • Moody’s Downgrades Seismic Players

    18 June 2015
    Research & Development

    Plunging oil prices are moving oil companies to cut spending on exploration activity, presenting a major challenge for seismic companies globally as the most volatile and cyclical segment of the oilfield services industry, says Moody’s Investors Service in a new report published today. “We do not expect a significant recovery for seismic companies in the […]

  • Highlights of the Month: November 2016

    5 December 2016

    Vattenfall Wins Kriegers Flak Tender with EUR 49.9 per MWh Bid Swedish energy company Vattenfall has won the tender to build the 600MW Kriegers Flak offshore wind farm in the Danish part of the Baltic Sea with the lowest ever bid of EUR 49.9 per MWh, 58% below the original cap of EUR 120 per […]

  • Further Expansion, 2nd Container Terminal Planned at Prince Rupert Port

    20 May 2019

    It is expected that Prince Rupert will become Canada’s 2nd largest port in the next 5 years.

  • HMS Protector Takes Part in South Georgia Tasks

    22 January 2014
    Business & Finance, Operations & Maintenance

    Personnel on board the Royal Navy’s ice patrol vessel HMS Protector have taken part in a number of tasks in South Georgia following a request from the Territory’s government. After leaving Thule Island last week HMS Protector battled her way through extensive ice and thick fog to the bays of South Georgia to conduct hydrographic […]

  • Foreship: 2023 started with 45MWh of shipboard battery power

    15 March 2023
    Green Marine, Transition, Vessels

    As the world seeks to reduce its reliance on fossil fuels, battery-powered vessels are increasingly seen as a viable alternative to traditional diesel-powered ships. This shift is being driven by a range of factors, including advances in battery technology, the decreasing cost of batteries, and a growing awareness of the environmental and economic benefits of […]

  • Elogen to massify production for Europe’s hydrogen projects

    26 January 2022
    Business Developments & Projects, Project & Tenders

    The French tech company for PEM electrolysis Elogen has taken a key step in the massification of its production, as a key player in the green hydrogen sector in France and Europe.

  • UK: MEPs call for more clarity on cost of O&G decommissioning to taxpayers

    27 March 2019

    The UK taxpayers might have to contribute much more to the cost of decommissioning of offshore oil and gas platforms in the North Sea through tax reliefs than the £24 billion estimated by HMRC, UK MEPs have warned of Tuesday, calling for more clarity on the expected spending.

  • Norway: DNV Research Gives Hope to Future of Reduced Emissions from Shipping

    5 September 2012
    Business & Finance

    Fuel cell technology proves successful in a new position paper from DNV Research and Innovation, giving hope to a future of reduced emissions from shipping. With rising fuel prices and impending environmental regulations, the pressure is on for more efficient and environmentally friendly ships. DNV Research and Innovation has taken a leading role in facilitating […]

  • Purchase of Largest Brownfield Project Ever in Flanders (Belgium)

    30 June 2010
    Business & Finance

    The joint venture DEC, Dredging International, Jan De Nul and Envisan has finalised today the purchase of 140 hectare (approx. 345 acres) derelict and contaminated land. The area was released after the failure of the companies Nilefos Chemie and MisaEco and is located on the territory of the municipalities Zelzate, Evergem and Ghent. The joint […]

  • Adwen Takes First Step on French Factories. Building Them Depends on Other Factors

    23 March 2017
    Business & Finance, Project & Tenders

    Adwen has filed applications for construction permits for two wind turbine manufacturing factories in Le Havre, France, the company confirmed to Offshore WIND following reports in French media.

  • Autosub in Ambitious Antarctic Mission

    14 October 2013

    A team of British scientists is undertaking an ambitious science mission that will use the National Oceanography Centre-provided Autosub3 underwater vehicle to monitor recent ice loss from the West Antarctic Ice Sheet. They aim to discover what’s causing the recent rapid ice loss from the Pine Island Glacier, and whether this loss will continue to […]

  • First Cat D rig Songa Equinox delivered to Songa Offshore

    30 June 2015
    Equipment, Exploration & Production, Project & Tenders

    Songa Offshore has taken delivery of Songa Equinox rig from Daewoo Shipbuilding & Marine Enggineering (DSME) in Korea.  Songa Equinox is the first rig in a series of four Category D rigs specifically built for and contracted to Statoil. The rig was first scheduled for delivery in mid-May 2015; however, due to unexpected remedial work that […]