10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Schlumberger begins 80.000 sq km survey offshore Mexico

    11 August 2015

    Schlumberger, world’s largest oilfield services provider, on Monday initiated a new seismic survey offshore Mexico, expanding its Gulf of Mexico multiclient wide-azimuth seismic data portfolio. The company says that the industry’s first multiclient wide-azimuth survey offshore Mexico will cover 80,000 sq km using two fleets of WesternGeco vessels. The survey is being taken over the Campeche […]

  • 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. 

  • 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).

  • 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 […]

  • 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 […]

  • 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. […]

  • 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’.

  • Suncor buys into Fenja field offshore Norway

    12 February 2018
    Business & Finance, Project & Tenders

    Canadian oil company Suncor is buying into the Fenja development in the Norwegian Sea in a transaction worth $54.4 million.

  • Panama Canal’s New Toll Structure under Spotlight

    2 March 2015
    Business & Finance

    The Panama Canal Authority (ACP) held a public hearing on its proposal for a new toll structure, set to enter into force in April 2016, once the expanded canal begins operation. “The public hearing is a very important step in this process. We want to ensure that the new toll structure is appropriately informed by all interested […]

  • 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 […]

  • Euroseas Increases Orderbook to Four Vessels

    2 April 2014
    Business & Finance

    Euroseas Ltd., an owner and operator of drybulk carriers and container vessels, has signed a contract for the acquisition of two Eco design kamsarmax fuel efficient drybulk carriers. The vessels will have a carrying capacity of 82,000 dwt each and will be built at Jiangsu Yangzijiang Shipbuilding Co. The two newbuildings are scheduled to be […]

  • Smit Lamnalco Takes Delivery of Second Tug of Damen STu 2208 Type

    13 February 2014
    Business & Finance

    Smit Lamnalco has taken delivery of, and will soon deploy, the ‘SL Kiwi’. It’s their second tug of the Damen STu 2208 type. The 39.4 tonne bollard pull tug will join the sister ship ‘SL Kittiwake’, delivered late 2012, to support Single Point Mooring operations. Built at Damen’s facilities in Gorinchem (the Netherlands), the ‘SL […]

  • Aircraft Carrier ‘INS Vikramaditya’ Finally Delivered

    18 November 2013

    The Indian Navy has taken delivery of the aircraft carrier ‘INS Vikramaditya’ (formerly known as Admiral Gorshkov). Defence Minister Shri AK Antony commissioned the ship at FSUE Sevmash, the state owned shipyard at Severodvinsk, Russia, on 16 Nov 2013. The contract for modernization of aircraft carrier Admiral Gorshkov (renamed into INS Vikramaditya) for the Indian Navy […]

  • ST Marine Holds Naming Ceremony for ‘Pacific Dispatch’

    23 December 2013

    Swire Pacific Offshore Operations (Pte) Ltd (SPO) last week welcomed another new anchor handling tug supply (AHTS) vessel to its fleet, the Pacific Dispatch. The launch and naming ceremony was held at the Singapore Technologies Marine Ltd (ST Marine) shipyard in Singapore. More than a hundred representatives from SPO and ST Marine attended the event. […]

  • 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 […]

  • KDB Sets Aside USD 1 Billion for Shipping

    3 October 2014
    Business & Finance

    The Korea Development Bank (KDB) has made plans to allocate up to USD 1 billion for supporting small and medium-sized shipping companies.The state-run bank said that it will launch the “KDB Ocean Value-up Fund” within this year to sharpen the competitiveness of the local marine industry. The fund is expected to help firms build new […]

  • 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 […]

  • 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.

  • Damen Double Hull Tanker ‘Kestrel Fisher’ Delivered

    9 January 2014

    The Damen Double Hull Oil Tanker 8000 ‘Kestrel Fisher’ was delivered end 2013 to Dutch managers De Opfeart Beheer. In a two-tanker deal, the Kestrel Fisher’s sister vessel ‘King Fisher’ was delivered in June 2013. Both have been built by Damen Shipyards Bergum. The oil (product) tankers’ names are a reference to James Fisher Everard […]

  • Otto Marine Orders Two AHTS Vessels from Indonesia

    11 March 2013
    Business & Finance

      Otto Marine Limited, a leading offshore marine company which specializes in building complex offshore support vessels, repairs, conversion and fabrication and ship chartering, announced that the Group has secured new shipbuilding orders for building two offshore vessels for a total value of US$27.8 million. The new shipbuilding contracts are for constructing two identical units […]

  • VULKAN Group Opens Hackforth Academy

    8 July 2013

    On Wednesday, 3rd July 2013, the Mayor of the city of Herne and the owners and Executive Management of the VULKAN Group cut the blue ribbon to inaugurate the Hackforth Academy, the new advanced training centre. More than 30 guests from the sectors of politics, economics and science gathered to attend the festive inaugural celebrations. […]

  • Greece: Aegean Marine Takes Delivery of Newbuild Bunkering Tanker TILOS

    13 April 2011

          Aegean Marine Petroleum Network Inc. yesterday announced that it has taken delivery of the Tilos, a 5,500 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is being deployed to Singapore to support the Company’s existing bunkering operations in this market. E. Nikolas Tavlarios, President, commented, “We are […]

  • 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 […]