10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Fairstar’s Semi-Submersible Vessel FORTE Delivered (China)

    31 May 2012

    Fairstar Heavy Transport N.V. (FAIR) has taken delivery of the FORTE. The closing documentation has been completed to the satisfaction of Fairstar’s bankers, classification society and the Dutch Flag State. Fairstar has drawn down on the USD 247 million facility led by ING Bank and effected all outstanding payments due to Guangzhou Shipbuilding International (GSI) […]

  • Polskie LNG names new head

    14 March 2018

    Polskie LNG, a unit of the Polish gas transmission operator, Gaz-System, and the company in charge of the Polish LNG import terminal, named Paweł Jakubowski as its new head.  Jakubowski who will preside the company’s management board and has already taken office on March 13, the company said in a statement. Previously, Jakubowski held the position of managing […]

  • Genco Receives Two Capesize Bulkers, Signs USD 180 Mn Credit Facility

    16 August 2018
    Business & Finance

    Genco Shipping & Trading Limited takes delivery of two Capezise vessels and inks a five-year credit facility. 

  • Panama Canal Increases Its Tugboat Fleet

    21 June 2013
    Business & Finance

    The Panama Canal has increased its tugboat fleet with the arrival of the first two of 14 tugboats that will improve the waterway’s resources to offer a safer and more efficient service to the global shipping industry. These tugboats will strengthen the Canal’s capacity for the operation of the Third Set of Locks. Cerro Itamut […]

  • CLdN Takes Delivery of Its First Next-Generation RoRo

    26 October 2017
    Business & Finance

    Luxembourg-based short sea specialist CLdN RoRo has taken delivery of its first newbuilding vessel from the next generation of super RoRos, the MV CELINE. Originally code named the G9, the 234-meter-long ship will add 8.000 lane meters to the CLdN network, according to the company. Following a debut voyage from the South Korea’s Hyundai Shipyard, where […]

  • Drewry: Manning Costs Rising on Trade Recovery

    9 July 2018
    Business & Finance

    Cost growth returned to seafaring in 2018 and is projected to accelerate moderately on recovering vessel earnings and continued shortfall in officer numbers, shipping consultancy Drewry said. Manning costs have risen moderately in 2018 following several years of stagnation as a recovery in most cargo shipping markets has taken some pressure off vessel operators, enabling […]

  • Maritime UK Sets Up ‘Women in Maritime’ Taskforce

    18 January 2018
    Business & Finance

    Maritime UK establishes Taskforce to increase the number of women in the maritime industry.

  • DSME’s Former CEO Questioned over Accounting Fraud

    8 July 2016
    Business & Finance

    The former Chief Executive Officer of Daewoo Shipbuilding & Marine Engineering (DSME), Ko Jae-ho, was called in for questioning as part of an accounting probe into the financials of the South Korean shipbuilder, according to The Korea Times. Ko Jae-ho, who was at the helm of the company in the period from 2012 to 2014, is one […]

  • Awilco Sells Two Laid-Up LNG Carriers

    1 June 2016
    Business & Finance

    As the weak LNG freight market continued in the early part of 2016, the Norwegian liquefied natural gas (LNG) transportation provider Awilco LNG ASA decided to sell two of its 125,000 cbm LNG carriers. Namely, the company signed a binding agreement to sell the 1984- and 1983-built WilGas and WilEnergy on May 30. Awilco LNG said that the carriers, which […]

  • Frontline Secures Scrubbers for Another 12 Ships

    2 November 2018
    Business & Finance

    Frontline has ordered scrubbers for a further 12 vessels from Feen Marine Scrubbers (FMSI).

  • Port of Hamburg’s Q1 Throughput Down amid Slowdown in China

    23 May 2016

    Total cargo throughput of the Port of Hamburg in the first quarter of 2016 was 2.5 percent lower at 34.8 million tons, driven primarily by lower container traffic with China, as explained by the Port of Hamburg Authority. At 2.2 million TEU, first-quarter container throughput remained slightly below the previous year’s, being down by 78,000 TEU, or 3.4 percent. […]

  • Global Ship Lease Adds 20th Vessel to Its Fleet

    18 September 2015
    Business & Finance

    Global Ship Lease, Inc., a containership charter owner incorporated in the Marshall Islands, has taken delivery of a 2004-built, 8,063 TEU containership, the OOCL Ningbo. Upon delivery, the vessel commenced a timecharter back to Orient Overseas Container Line UK Limited, an affiliate of the seller, for 36 to 39 months at a rate of USD […]

  • Panama Canal Waiting Times Back to Normal

    1 December 2015
    Business & Finance

    The bottleneck in the Panama Canal has been cleared on the back of better weather conditions and resources spent on efforts to free up the traffic, the Panama Canal Authority (ACP) said on Monday. “The waiting times for ships have been restored to normal levels. The line is 45 ships, which represents a maximum waiting time […]

  • ICS: FONARs Are Not a Free Pass to Use Non-Compliant Fuel

    27 February 2019
    Business & Finance, Rules & Regulation

    ICS: The possibility for shipowners to be issued with a FONAR should not be regarded as a ‘free pass’.

  • Algoma Welcomes 2nd Equinox Lake Bulker into Its Fleet

    15 May 2014
    Business & Finance

    Algoma Central Corporation has taken delivery of the second of eight new Equinox class lake bulk carriers from Nantong Mingde shipyard in China. The ship, named the Algoma Harvester, is being prepared for the long voyage to Canada and is expected to leave China shortly. When it arrives in Canada this summer, the Algoma Harvester […]

  • Conservation Charity Expresses Concern over Thanet Extension Cable

    20 February 2019
    Environment

    Kent Wildlife Trust has outlined environmental concerns about a proposed extension to the Thanet offshore wind farm at a Planning Inspectorate hearing. The application, which was submitted by Vattenfall last year, includes plans to run a cable through Sandwich and Pegwell Bay National Nature Reserve. According to the conservation charity, ”the land affected by this […]

  • Scottish Wind Off to a Flyer

    8 February 2016

    Scotland’s wind power output got “off to a flying start” in January, environmental groups said today. Analysis by WWF Scotland of data provided by WeatherEnergy found that for the month of January wind turbines in Scotland alone provided 1,125,544MWh of electricity to the National Grid, enough to supply, on average, the electrical needs of 123% […]

  • Danish Shipping Supports International Rules for CTVs

    19 January 2018
    Authorities & Government, Business & Finance, Operations & Maintenance

    Danish Shipping has called for a common international regulatory framework for small high-speed vessels below 500 gross tons, such as Crew Transfer Vessels (CTVs).

  • RCG Strengthens Its Executive Team

    9 June 2015

    Two high-profile executives from the renewables industry have been appointed by The Renewables Consulting Group (RCG) to oversee the firm’s day-to-day business, develop its global growth strategy, and direct short- and long-term planning for the company. Sebastian Chivers has taken up the role of Chief Executive Officer, and Dr. Lee Clarke as Chief Operating Officer. Prior to RCG, […]

  • Norway: Ministry of Petroleum and Energy Approves Visund South Development

    10 June 2011
    Business & Finance

    Today, 10 June, the Norwegian Ministry of Petroleum and Energy approved the plan for development and operation for Visund South. Production is planned to start up in the third quarter of 2012, and a subsea template is already on its way out to the field. Visund South, which is located 10 kilometres from both the […]

  • UK: Energy Minister Approves Commercial Wave Power Array

    15 February 2012
    Business & Finance, Equipment, Operations & Maintenance

    Scotland’s first near shore commercial wave power array, which will power more than 1,000 homes, has been approved by Energy Minister Fergus Ewing. Two new Oyster wave energy converters will be added to an existing device at the European Marine Energy Centre (EMEC) at Billia Croo, Orkney, to allow operators Aquamarine Power to test the […]

  • New Equipment for Lazaro Cardenas TEC2

    2 October 2015
    Business & Finance, Equipment, Technology

    Scheduled to begin operations in 2016, APM Terminals’ Lázaro Cárdenas (TEC2), a semi-automated deep-water facility on Mexico’s Pacific Coast, has taken delivery of some of the world’s largest and most technologically advanced STS cranes. The terminal development milestone was commemorated by a ceremony held in Mexico’s capital city, attended by Mexico’s General Director of Promotion and […]

  • The Netherlands: Voith Receives Thrusters Order from Koninklijke De Vries

    25 October 2011
    Business & Finance

    Voith has received an order for a number of bow thrusters and retractable stern thrusters from Koninklijke De Vries, a division of Feadship. The bow and stern thrusters are for various new buildings which are being built at their yards in Aalsmeer and Makkum. Koninklijke De Vries has ordered a total of 12 thrusters. The […]

  • West Turning Up the Heat on Russia?

    11 September 2014
    Business & Finance

    The EU and the United States seem to be turning up the heat on Russia with plans to ban energy giants like Exxon Mobil, BP and Shell from searching for crude oil in Russia’s Arctic, deep seas and shale formations, writes Bloomberg citing three American officials. The ban would target crude reserves that could yield oil […]

  • NYK Group Conducts Joint Anti-piracy and Anti-terrorism Exercises in Australia and Hong Kong

    9 September 2011
    Business & Finance

      The NYK Group conducts accident-response training exercises regularly and, to prepare for unforeseeable circumstances, the group cooperates with anti-terrorism and anti-piracy training exercises conducted in various countries to enhance the crisis-response capability of group employees. – Anti-terrorism training exercise with the Hong Kong Police Force (HKPF) On July 26, NYK conducted a joint anti-terrorism […]