10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Awilco LNG posts lower freight income in Q2

    27 August 2015
    Vessels

    Oslo-based Awilco LNG, owner of five LNG tankers, reported a freight income for the second quarter of US$7.3 million, down from US$12.1 in the previous quarter. The decrease was due to lower utilisation and rates for both WilGas and WilPride, according to Awilco LNG’s half-year report. Fleet utilisation for the quarter ended at 34 percent (trading […]

  • Drewry: Oversupply to Put More Pressure on Chemical Shipping Rates

    8 August 2017
    Business & Finance

    The shipping fleet trading in chemical and vegoil markets is set to accelerate at a much faster pace than demand, weakening earning prospects, shipping consultancy Drewry said. Tonne-mile demand is expected to grow at 2.9% in 2017, and the fleet trading in chemicals/vegoils will expand by 9.5% by the end of this year, representing the […]

  • USA: Marysville Ring Levee Project Moves Forward

    11 December 2012

    After two full years of construction, phase one of the Marysville Ring Levee Project has drawn to a close with 4,600 linear feet of deep-soil-mixed cutoff wall installed – the first milestone in a four-phase project to reduce Marysville’s flood risk. “All major structural improvements for this stretch of levee are complete,” said Mark Ellis, […]

  • Containership and Drybulk Markets Depressed

    8 August 2014
    Business & Finance

    During the first half and during the month of July of 2014, the drybulk market weakened significantly against expectations widely held in the industry while the containership market remained static at low levels, Aristides Pittas, Chairman and CEO of Euroseas, shipowner and operator said, commenting first half results. “Despite these developments, we continue to believe […]

  • Ship Owners Still Prefer South Asian Shipbreaking Practices

    4 February 2016

    Ignoring industry leaders and human rights and environmental organisations, ship owners continue to profit from dangerous and dirty shipbreaking practices on South Asian beaches in 2015, according to new data released by the NGO Shipbreaking Platform. According to the Platform, 768 large ocean-going vessels were sold to the scrap yards last year. 469 were broken […]

  • Green Fleet Systems Expands Bi-Coastal Operations, USA

    3 October 2012

    Green Fleet Systems, a logistics service provider focused on building a business anchored around “clean” technology, and LogFire, the leading cloud-based SaaS supply chain solutions company, announce expanded business operations and scope of services – creating new jobs and expanding energy efficiency in logistics. Green Fleet Systems, focused on being a reliable and efficient logistics […]

  • Rotterdam on track to becoming truly sustainable port

    22 February 2024
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    Despite a slight decline in total cargo throughput, 2023 was a year of success for the Port of Rotterdam which is making significant strides in becoming more sustainable.

  • SITC welcomes first dual-fuel LNG-powered boxship

    21 February 2022
    Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    Chinese shipping company SITC International Holdings (SITC) has welcomed its first dual-fuel liquefied natural gas- (LNG) powered containership.

  • Perenco to build LNG production unit in Gabon

    20 February 2023
    Business & Finance, Business Developments & Projects, Infrastructure

    Anglo-French oil and gas player Perenco has taken a final investment decision (FID) for the construction of a liquefied natural gas (LNG) production unit in Gabon. The LNG plant will be built at the Cap Lopez oil terminal that Perenco acquired from TotalEnergies in 2021. The planned LNG production unit will involve an investment of […]

  • Hagland Shipping welcomes 1st battery-hybrid bulker from Royal Bodewes

    25 October 2022
    Business Developments & Projects, Vessels

    Norwegian shipping company Hagland Shipping has taken delivery of the first in a series of three new battery-hybrid bulkers from Dutch shipbuilding company Royal Bodewes.

  • Director stepping down from Seadrill board

    16 June 2022
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Seadrill has disclosed that a member of its board of directors has tendered her resignation.

  • MOL installs first Wind Challenger hard sail on board bulk carrier

    25 July 2022
    Business Developments & Projects, Vessels

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has installed a hard sail system on board a bulk carrier developed under the Wind Challenger project at compatriot Oshima Shipbuilding. The project, which aims to harness wind as a propulsive force for merchant ships, is now ready to proceed to the commissioning stage and sea trials, according to […]

  • Safmarine Receives First of Three WAFMAX Containerships from South Korea

    28 February 2012
    Business & Finance

    Shipping line Safmarine has taken delivery of the 4500 teu Safmarine Chilka, the first of three new Safmarine-branded WAFMAX containerships to join the A.P Moller-Maersk fleet in 2012. The vessel has been purpose-built for the trade with Africa and has been deployed on the Far East – Africa trade. The Safmarine Chilka – which has […]

  • Russia: Arctic Research Vessel ‘Mikhail Somov’ Arrives in Arkhangelsk

    1 November 2011

      The first research vessel laden with waste materials carried from the Russian Arctic polar stations has arrived in Arkhangelsk, the regional Arkhangelsk government said. The ice-class research and expedition vessel Mikhail Somov of North Territorial Department for Hydrometeorology and Environmental Monitoring (HEMD) completed the 102-day expedition to the Arctic region, the longest voyage in […]

  • Germany: MEYER WERFT Starts Construction of ‘Celebrity Reflection’

    14 September 2011
    Business & Finance

      Yesterday, the keel laying of Celebrity Reflection was celebrated at the MEYER WERFT. The ship is the fifth in a series the shipyard is building for the cruise line Celebrity Cruises. Doing the honors of placing the obligatory coins under the first block in the grand hall of building dock II was Mr. Jarmo […]

  • USA: VT Halter Marine Delivers New ATB Offshore Tug

    19 October 2012
    Business & Finance

    VT Halter Marine, Inc. (VT Halter Marine), a subsidiary of VT Systems, Inc. (VT Systems) has announced the delivery of the 112 foot ATB Offshore Tug, Evening Star, for Bouchard Transportation Co., Inc. (Bouchard). This tug is similar to others built for Bouchard in previous years by Halter Marine. Measuring 112 feet by 35 feet […]

  • Shell Canada Limited Completes Acquisition of Duvernay Oil Corp.

    25 August 2008

    Shell Canada Limited (“Shell Canada”), a wholly owned subsidiary of Royal Dutch Shell plc, announced today that as of 1:01 a.m. on August 22, 2008, 61,661,551 common shares of Duvernay Oil Corp (“Duvernay”) have been validly deposited to the offer by BRS Gas Corp., a wholly-owned subsidiary of Shell Canada, to acquire all of the […]

  • World’s Biggest Container Gantries En Route to Wilhelmshaven, Germany

    30 January 2012
    Business & Finance

    The world’s biggest container gantries are the core of the future EUROGATE Container Terminal Wilhelmshaven, Germany’s only deepwater container terminal. Four out of the eight container cranes altogether that will go into operation at the first two berths in August 2012 have set sail from Shanghai on a special transporter vessel headed for the German […]

  • ESL Shipping takes delivery of second LNG-fueled bulker

    6 September 2018
    Vessels

    Finland’s ESL Shipping, an Aspo Group company, has taken delivery of liquefied natural gas (LNG)-fueled bulker Viikki from the Jinling shipyard in Nanjing, China. Viikki is a sister ship to bulker Haaga that was delivered on August 20. The 160-meter, LNG-fueled vessel of 25,600 dwt emits over 50 percent less carbon dioxide than the previous […]

  • Crowley takes delivery of its 2nd LNG-powered ConRo

    19 December 2018
    Vessels

    US-based Crowley Maritime Corp. has taken delivery of Taíno – the second of two of its combination container/roll on-roll off (ConRo) ships powered by liquefied natural gas (LNG). The vessel was delivered by shipbuilder VT Halter Marine of Pascagoula, Miss. Taíno will soon join sister ship El Coquí, which was delivered in July, in providing […]

  • Pakistan: ECC approves RLNG price increase

    15 June 2016

    Pakistan’s Economic Coordination Committee (ECC) on Tuesday reviewed the pricing mechanism for regasified LNG, approving a US$1.2 per unit price raise, previously rejected by the Oil and gas Regulatory Authority.

  • Barbados looks to OTEC as energy source

    20 April 2015
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    Barbados could harness the energy from the ocean using ocean thermal energy conversion (OTEC) system in five years. Barbados’ Minister for Energy, Senator Darcy Boyce, said in front of the Senate that the necessary steps to develop OTEC plant will soon be taken, according to Loop News Service. The announcemet was made as the Energy Minister […]

  • Top news of the week March 2-7

    8 March 2020

    Sempra contracts Bechtel for Port Arthur LNG project San Diego-based energy company and LNG operator Sempra Energy has signed a fixed-price engineering, procurement and construction (EPC) contract for the Port Arthur LNG liquefaction project under development in Port Arthur, Texas with Bechtel. Brand new TMS Cardiff Gas LNG carrier delivered to Total Greece-based LNG tanker […]

  • Qatargas, PGNiG ink new LNG deal

    14 March 2017
    Project & Tenders

    Qatargas, the world’s largest liquefied natural gas (LNG) producer, signed a new supply deal with Polish Oil and Gas Company. The side agreement is an addition to the existing 20-year contract the two companies signed back in 2009. Under the terms of the new agreement, Qatargas will increase the volume of LNG currently supplied to […]

  • Update: DEME’s LNG-powered multipurpose vessel catches fire in Spain

    16 February 2018
    Vessels

    DEME’s LNG-powered offshore multipurpose vessel, the Living Stone has caught fire on Thursday while under construction in a shipyard in Spain’s port town of Santurtzi. According to local media reports, the fire started on Thursday at around 4:55 PM local time, and was put out at around 5:20 PM. “There was a small fire on […]