10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • IEA expects global oil demand growth to wind down in 2016

    11 August 2016

    Crude oil prices eased to around $45 per barrel in August as a global supply overhang weighed and demand growth weakened, the International Energy Agency (IEA) said in its newly released IEA Oil Market Report (OMR) for August.  Brent crude had threatened to break below $40 per barrel at the end of July, IEA said. […]

  • Major Milestone for Shell: First Gas Flows from Offshore Field to Pearl GTL Plant in Qatar

    23 March 2011
    Business & Finance

    Qatar Petroleum and Shell today announced the first flow of dedicated offshore gas into the Pearl GTL plant located in Ras Laffan Industrial City in the State of Qatar. Shell, which is the operator of the Pearl GTL plant developed under a Production and Sharing Agreement with QP, has opened natural gas wells offshore allowing […]

  • Sales of Natural Gas Trucks and Buses to Double by 2022, Report Says

    14 January 2014

    Driven by the lower cost of natural gas and the lower emissions from natural gas engines, compared to diesel fuel, operators of truck and bus fleets are increasingly shifting to natural gas vehicles. New markets for natural gas vehicles, such as the United States and China, tend to focus on fleet markets, particularly trucks and […]

  • New Zealand: Taupo Erosion Raises Concerns

    6 December 2013

    Significant erosion at two farms near Taupo after downpours last week highlights the need for careful planning to help avoid soils being washed away, says Waikato Regional Council. The two “sizeable” incidents, which occurred in the Pueto Stream catchment and on a property near Aratiatia, were on pumice soils which can be particularly prone to […]

  • SF Shipyard Launches Bulk Carrier Raba for Polish Steamship Co.

    12 September 2011
    Business & Finance

      At 15:08 pm on September 8, 3#16900DWT BC, being built for Polish Steamship Co., by SF shipyard, was launched successfully. The vessel to be a single screw motor ship with B type freeboard,fitted with one controlled pitch left-handed propeller driven by low speed diesel engine 5S50MC-C,suitable for operation on heavy fuel oil up to […]

  • Brittany Ferries: First LNG-electric ferry embarks on sea trials

    24 September 2024
    Infrastructure, Vessels

    A hybrid ferry with the ‘world’s largest battery’ fitted to a ship has taken to the water, French shipping company Brittany Ferries said.

  • Equinor slashes quarterly cash dividend by two thirds

    23 April 2020
    Business & Finance, Business Developments & Projects

    Norwegian oil major Equinor has decided on a cash dividend of $0.09 per share for the first quarter of 2020, a reduction of 67 per cent compared to the fourth quarter of 2019.

  • PGS raises cost-cutting as it sinks to wider loss

    23 April 2020
    Business & Finance

    PGS has seen its Q1 2020 loss widened, mostly on impairments related to library and sale of non-current assets. The Oslo-listed seismic player reported quarterly loss of $117.5 million, or 32 cents per share on revenues of close to $129 million, against loss of $65 million, or 19 cents per share on almost relatively flat […]

  • Captain, crew plead guilty to attempted murder of two stowaways

    21 April 2020
    Authorities & Government, Human Capital, Vessels

    The captain and the crew of Panama-flagged bulk carrier MV Top Grace have pleaded guilty before the Durban Magistrates Court to the attempted murder of two stowaways in late March. The captain of the ship also pleaded guilty to endangering life or causing injury and failure to report stowaways. The ship left the Port of […]

  • Halliburton cuts dividend due to market conditions

    21 May 2020
    Business & Finance, Business Developments & Projects

    Halliburton has decided to cut its dividend amid uncertainties related to the duration of the market downturn.

  • Finnafjord Port Plans Take Shape

    11 April 2019
    Business & Finance

    The development activities for the Finnafjord Port Project in the north-east of Iceland are taking shape, bremenports said in its latest release.  The initial idea for this project dates back to the year 2007, when the Icelandic central government, together with the municipalities of Langanesbyggð and Vopnafjarðarhreppur, commissioned EFLA, an Icelandic consultant company, to investigate the […]

  • Australia orders all foreign cruise ships out of its waters

    8 April 2020
    Vessels

    In the wake of what has been characterized as a humanitarian crisis as thousands of seafarers and passengers are left stranded on board cruise ships in Australian waters, Australia has ordered all foreign cruise ships to leave as soon as possible. The country is standing its ground on not allowing the crews and passengers to […]

  • Nautilus Secures Financial Lifeline, Cuts Staff By 60 Pct

    22 August 2016
    Business & Finance, Equipment, Operations & Maintenance

    Nautilus Minerals has signed a subscription agreement with Mawarid Offshore Mining and Metalloinvest Holding to sell such number of common shares of the company that will raise gross proceeds of up to US$20 million. As previously disclosed, Nautilus requires significant additional funding in order to complete the build and deployment of the seafloor production system to be […]

  • SHEP Moves Ahead

    2 October 2015
    Business & Finance

    Experts from the USACE Savannah District continue to move forward with the Savannah Harbor Expansion Project, aka SHEP. The Corps has finished one year of required pre-construction environmental monitoring and will continue monitoring throughout the harbor deepening and for 10 years afterward. A report by lead author Nathan Dayan of the district’s Planning Division, described […]

  • OceanGate Boosts Its Team

    10 May 2019
    Business & Finance, Equipment, Operations & Maintenance

    OceanGate has hired subsea engineer, Dan Scoville, to join its team as Director of Systems Integration and Marine Operations. Scoville brings with him a diverse background in subsea vehicles, inspection, and engineering as well as a passion for deep sea discovery and exploration. “We couldn’t be more excited about Dan joining the team, he has […]

  • TechX Pioneer Programme Funds Ten Start-Ups

    11 March 2019
    Business & Finance, Equipment, Research & Development

    Autonomous underwater swarm robots and micro-polymers designed to reinstate well integrity, are just some of the new technologies that have secured funding through the Oil & Gas Technology Centre’s TechX Pioneer Accelerator Programme. Nearly 200 applications from over 35 countries were received this year, with strong representation from the UK, US and Canada, covering both […]

  • Eco Wave Power Awarded at Mixiii 2014

    27 May 2014

    Sixty young start-ups were competing for the innovation award with the custody of the chief Scientist of the Ministry of Economy, as part of the start-up WOW competition that took place in the Mixiii 2014, which is the yearly central event for the hi-tech industry. “The judges were really taken with the world-changing potential of […]

  • First Stretched Breeze Ship Handed Over to Finnlines

    24 November 2017
    Business & Finance

    Finland-based ro-ro and passenger services operator Finnlines has taken delivery of its first lengthened Breeze vessel from Remontowa S.A. shipyard in Gdansk. MS Finntide, delivered in 2012 from the Chinese Jinling shipyard, arrived in Gdansk on September 25, 2017. As planned, the vessel was cut in two and a 30-metre section was inserted between the […]

  • Hamburg Towage Trio Fined USD 15 Mn for Cartel Activity

    19 December 2017
    Business & Finance

    Bundeskartellamt has fined three harbor towage service for cartel activity.

  • DP World at the Helm of Trilogiport’s Development

    25 August 2014
    Business & Finance

    Following the previous investments in the Beverdonk Container Terminal at Grobbendonk, DP World has taken over all the shares Euroports owned in Trilogiport (Liège container terminal). With this, the international terminal operator takes full responsibility for the development of Trilogiport, the company said in a release. “DP World thus confirms its confidence in Belgium as a […]

  • Maersk Line Orders USD 1.1 Billion Worth of Boxships at HHI

    8 July 2015
    Business & Finance

    Maersk Line, the world’s largest container shipping company, has signed a USD 1.1 billion contract with South Korean shipbuilder Hyundai Heavy Industries (HHI) for the construction of nine container ships with a capacity of 14,000 TEU (twenty-foot equivalent) each.  The nine vessels will join Maersk Line’s fleet in 2017 and sail under Singaporean flag. This is the third […]

  • JR Shipping Takes Over Universal’s Bankrupt Vessels

    5 March 2015
    Business & Finance

    Harlingen-based JR Shipping Group is taking over six container feeder vessels from Universal Marine upon request from Dutch Bremer Landesbank, the principal financier of the shipping CVs which operate the vessels. Under the bank’s initiative, which is dubbed as the final rescue attempt, JR Shipping will devise a restructuring and refinancing programme for these six vessels after […]

  • Singapore to Bolster Its Maritime Sector

    24 February 2015

    The Singapore government has set forth measures aimed at strengthening the competitiveness of its maritime sector in its new state budget for 2015, released on Monday by the country’s Finance Ministry. The measures include extending and enhancing the Maritime Sector Incentive (MSI) thus offering a wider scope of tax benefits to ship operators, maritime lessors and […]

  • USA: CNG One Source Buys Emission Solutions

    8 April 2013

    CNG One Source Inc. of Pennsylvania recently acquired Emission Solutions Inc of McKinney, Texas. For years Emission Solutions Inc has been the leader in natural gas vehicle technology for medium and heavy duty trucks. CNG (compressed natural gas) and LNG (liquefied natural gas) are the future transportation fuels for medium and heavy duty fleets in […]

  • Singapore MPA, LR Complete LNG Bunkering Study

    7 November 2013

    Singapore has taken a significant step forward in the development of the practical operational procedures and standards for Liquefied Natural Gas (LNG) bunkering operations. The Maritime and Port Authority of Singapore (MPA) and its appointed consultant, Lloyd’s Register, have completed its study on the Technical Standards and Procedures for LNG bunkering in the Port of […]