10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Shipowner to be taken to court over damage of Finland-Estonia subsea link

    3 March 2025
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Safety

    Estonian transmission system operator (TSO) Elering and its Finnish counterpart Fingrid have withdrawn the request to seize the ship that broke the EstLink 2 power connection in December 2024 for compensation for damages, and plan to sue the shipowner for compensation for repair costs. To remind, Fingrid reported to the authorities on December 25, 2024, […]

  • Viking Supply Ships taken to bankruptcy court over vessel debt

    10 June 2016
    Business & Finance

    Norseman Offshore, a single purpose company, has filed an application for bankruptcy against the shipping company Viking Supply Ships (VSS) with the Maritime and Commercial High Court in Copenhagen.  VSS said in a statement on Friday it has not yet been officially notified of the petition by the Court. Norseman Offshore is the owner of the anchor handling tug supply […]

  • Gulf Spill: Bp Delays Static Kill Test on Broken Well Until Tuesday

    3 August 2010

    During final preparations to commence with the injectivity test, a small hydraulic leak was discovered in the capping stack hydraulic control system. The injectivity test, previously announced to take place Monday, will be rescheduled until the leak is repaired. It is anticipated that the injectivity test and possibly the static kill will take place Tuesday. […]

  • Slow Steamers to Rake In from Low Oil Prices

    15 January 2015
    Business & Finance

    Ship efficiency remains just as relevant and important in a bearish oil market as it does when shipowners have to pay over USD 600 for a tonne of Heavy Fuel Oil, Newport Shipping UK said in a release. Hakan Ozcan, the Chief Financial Officer of Ecoships, the technical ship management arm of Newport Shipping Group, said […]

  • Esvagt rakes in vessel deals as market activity increases

    17 June 2021
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    Danish offshore vessel provider Esvagt has recently won several new deals for its vessels as activity in the oil and gas market increases.

  • Chevron, Höegh Evi, SLB, and Energean helping Egypt expand energy horizons to fuel its future

    15 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    Given the ongoing global energy security concerns, Egypt has taken further steps to deepen energy alliances with international players, including Chevron, Hoegh Evi, SLB, and Energean. These and similar undertakings are paving the way to boost exploration, liquefied natural gas (LNG), and sustainability efforts.

  • Seafarers Taken Hostage by Pirates to Get Full Wages during Captivity

    30 April 2018
    Rules & Regulation

    Seafarers held captive by pirates will be paid all their contractual entitlements.

  • Aeolus Progressing to 2.0 Version, Old Crane Now Taken Off

    3 October 2017

    Although the yard cannot confirm a name change, Aeolus 2.0 is certainly busy downloading a hardware package for an upgrade at the Damen Shiprepair yard in Schiedam, the Offshore WIND team who visited the vessel in Schiedam reports.

  • Navios Maritime Taken to Court Over USD 50 Mln Loan

    5 April 2016
    Business & Finance

    Greek dry bulk shipping company Navios Maritime Holdings has been hit with a lawsuit related to its latest round of loans amounting to USD 50 million received from Navios Maritime Acquisition in March. According to data from court documents, the lawsuit was filed by Metropolitan Capital Advisors International, a shareholder in Navios Acquisition, on behalf of the company. Namely, […]

  • Ammonia-ready Grande Shanghai joins Grimaldi’s PCTC fleet

    27 August 2025
    Business Developments & Projects, Infrastructure, Vessels

    Italy’s shipping player Grimaldi Group has taken delivery of the newbuild next-generation ammonia-ready pure car and truck carrier (PCTC) built by China Merchants Heavy Industries (CMHI) Jiangsu, Grande Shanghai.

  • BW Offshore emerges as preferred FPSO bidder for Canada’s $12B oil project

    1 September 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Equinor has taken another step to bring to life its oil project off the coast of Newfoundland and Labrador by inking heads of agreement (HoA) with BW Offshore for a floating production, storage, and offloading (FPSO) unit that will be deployed on the Canadian project, which was put on ice for three years a couple of years ago.

  • TGS Commences 3D Multi-Client Seismic Survey in North Viking Graben (Norway)

    8 June 2011
    Business & Finance, Operations & Maintenance

    TGS has commenced the acquisition of a fourth 3D multi-client survey in partnership with PGS. The survey covers 2,772 km2 in the North Viking Graben over an area which has proven to be a very successful petroleum province of the North Sea. The data is being acquired by PGS’ Atlantic Explorer utilizing GeoStreamer technology. This […]

  • Norway: TGS Announces New Multi-client 3D Survey in the North Viking Graben

    7 July 2010

    TGS has commenced a new multi-client 3D survey in partnership with PGS. This project, NVG10, covers a 3,500 km2 area in the North Viking Graben area of the Norwegian North Sea. The project is being acquired by the PGS Atlantic Explorer and utilizes PGS’ GeoStreamer® Technology. “Substantial customer interest has encouraged a second consecutive year […]

  • One Killed, Three Taken Hostage in Pirate Attack off Nigeria

    5 February 2015

    One crew member was killed and three taken hostage in a pirate attack on a Greek-owned tanker pending unloading off Nigeria late Tuesday, the Hellenic Coast Guard informed. The killed sailor was Greek and was the vessel’s deputy captain, whereas the missing three crew members are reported to be two Greeks and one Pakistani national. The Maltese-flagged […]

  • UK ship taken by Somali pirates was sailing without naval escort

    30 December 2009

    The St James Park had left southern Spain and was bound for Thailand. The ship, which was built in 1993 and carried bulk chemicals, was hijacked in the International Recommended Transit Corridor, a patrol zonee through the Gulf of Aden that is patrolled by international naval forces.

  • Altra Industrial Motion Presents Its Tidal Turbine Brake Systems

    2 June 2014
    Business & Finance, Technology

    The cost of energy generated by tidal power generation is, at this stage of device development, still more expensive than that offered by offshore and onshore wind, and solar arrays in sunnier climes; however, fossil fuels will not last forever and investment is still going into accessing tidal power, one of the most reliable and […]

  • Damen Puts Its Panamax Class Floating Dock in Curaçao into Service

    14 November 2018
    Business & Finance

    The Panamax-class dock is one of two floating docks that arrived at the Caribbean island of Curaçao in April.

  • South Stream: Construction of First Offshore Pipeline to Start in 2014

    5 July 2013
    Business & Finance, Equipment, Operations & Maintenance

    The South Stream Project is making good progress and enters an important next phase. Following a recent Board Meeting, South Stream Transport has initiated two tenders, one for the supply of line pipe and another one for the construction of the South Stream Offshore Pipeline through the Black Sea. Construction of the first 930-kilometre offshore […]

  • Another ‘critical’ step taken to get FPSO ready for first gas in 2025

    31 October 2024
    Business & Finance, Business Developments & Projects

    Norway’s FPSO operator BW Offshore has disclosed further progress in the integration and commissioning of its newbuild floating production storage and offloading (FPSO) vessel, which is on track to start work at a giant field off the coast of Australia in the first quarter of 2025. According to BW Offshore, the FPSO BW Opal, destined […]

  • Woodside CEO: LNG shortage looms unless no new investment decisions taken

    4 April 2017

    The liquefied natural gas (LNG) market is heading toward a supply shortage unless investment decisions in new production projects are taken soon, Peter Coleman, Chief Executive of Australian LNG player Woodside said on Tuesday. “We are meeting at a time of transition for gas. There is an abundance of gas globally and it is understandable buyers […]

  • NGO Shipbreaking: 76% of ships broken in Q1 ended up on South Asian beaches Q1

    28 April 2021
    Environment, Regulation & Policy, Rules & Regulation, Safety, Vessels

    Of the 204 ships broken in the first quarter of 2021, 155 ships were sold to the beaches of South Asia, notorious for poor work safety and environmental practices, the latest report from NGO Shipbreaking Platform shows. According to the report, Greek ship owners sold the most ships to South Asian yards, closely followed by […]

  • ‘Next big step’ taken for Sydney’s Bays Port shore power project

    30 September 2024
    Business Developments & Projects, Green Marine, Infrastructure, Ports & Logistics

    Australia’s Port Authority of New South Wales (NSW) has reached new milestones in developing its shore power project in the Bays Port precinct that is expected to become the “world’s first” 100% renewable energy shore-powered shipping precinct. Bays Port, which includes Glebe Island and White Bay, will be the first bulk shipping precinct fully supplied […]

  • Environment Minister Karen Ellemann anounces new location for test center (Denmark)

    31 May 2010
    Authorities & Government, Human Capital, Operations & Maintenance

    After a long debate, the Environment Minister Karen Ellemann has announced that is has now been decided that the test center with 250 meter high wind turbines is to be located in Østerild in Thy. The purpose of the new test center is to test the future’s offshore wind turbines with a height of up […]

  • Restoring Portsea Beach

    20 December 2019
    Business & Finance

    Mornington Peninsula Shire Mayor Sam Hearn, Nepean Councillors Bryan Payne and Hugh Fraser and John Baker CEO are leading a plan with DELWP and scientists to restore Portsea beach. Aided by David Kramer from the Futurefish Foundation, who has a history of steering tricky but successful State Government funded projects, Mr Kramer has joined Mayor […]

  • Bremer Fortuna ClassNK’s First German Register

    11 June 2014
    Business & Finance

    ClassNK has announced that it has registered its first German-flagged vessel, as well as earned expanded authorization from the German flag administration for the classification of German flagged vessels. The announcement was made at a ceremony to mark the successful transfer of the vessel M.V. BREMER FORTUNA to the ClassNK Register held at Hamburg’s Hafen-Klub […]