10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • 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 […]

  • Voith, Robert Allan Team Up to Implement New Tug Design

    9 September 2012
    Business & Finance

    Voith has teamed up with the renowned Canadian naval architecture firm Robert Allan Ltd. to develop an escort tug design. On the 2012 ITS (International Tug and Salvage Convention and Exhibition) in Barcelona, the two partners signed the cooperation agreement for the implementation of the vessel concept. Conventional Voith Water Tractors are equipped with two […]

  • Voith to Showcase Inline Thruster at SMM

    4 September 2012

    With its Voith Inline Thrusters (VIT), Voith currently is the only manufacturer world-wide to produce transverse thrusters with permanent-magnet synchronous machine technology (RIM drives) with a power of 1,500kW. At the SMM, the leading maritime industry trade fair, Voith now presents a RIM drive which can be extended from the vessel hull and is equipped […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Canada: Associated Engineering Honoured for Burnaby Lake Project

    26 October 2012
    Business & Finance

    Associated Engineering has announced that they have received an Award of Excellence for the Burnaby Lake Rejuvenation Project at the Canadian Consulting Engineering Awards Gala held last night in Ottawa, Ontario. Judges noted that the project demonstrates excellence in engineering, innovation, and environmental management. Jointly sponsored by the Association of Consulting Engineering Companies (ACEC) and […]

  • Thailand Reinforces Flood Preparation

    26 March 2012

    The Water Resources Department’s Director General Jatuporn Burutpat said every country attending the latest World water Forum showed their concerns for the quality of water. In the meantime, Thailand is prepared to to tackle flooding in 20 provinces this year. Mr. Jatuporn said that the objective of this year’s “World Water Forum” was to urge […]

  • “Dredging in India” Conference Set for August

    2 July 2012

    The Indian Infrastructure magazine is organising the third annual conference on “Dredging in India- Needs and Requirements, Strategies and Solutions” on August 27-28, 2012, at ITC Maratha, Mumbai. The mission of this conference is to provide an update on the dredging industry in India, focus on the current and future needs and requirements, identify emerging […]

  • Krishnapatnam Port Gets Deepest Draft in India

    14 February 2012

    Krishnapatnam Port now rightfully claims as the deepest draft port in India, as it has started accepting vessels with maximum permissible draft of 18 meters. In such a short span of time, no other ports in India have been able to achieve such a remarkable depth. On 17th July 2008 when the port was dedicated […]

  • India, Myanmar Agree to Realign Transport Project Through Kaladan River

    22 June 2011

    India’s bid for an alternative trade transit route to its northeastern states took a giant leap forward with Myanmar Tuesday agreeing to a proposal to realign a strategically important multi-modal transport project through the Kaladan river in the Bay of Bengal. The project envisages linking India’s eastern ports, particularly those in West Bengal, through the […]

  • WoodMac: China on top of the LNG market

    22 June 2021
    Market Outlooks, Outlook & Strategy

    With Japan’s LNG demand in decline, China is set to become the world’s largest LNG market this year, according to energy intelligence group Wood Mackenzie.

  • Ocean Rig loses drillship contract

    21 January 2016
    Exploration & Production

    It seems like bad news for the offshore drillers will never stop, as another one has lost a rig contract today. This time it is Ocean Rig UDW, a drilling company run by the Greek shipping mogul, George Economou. In a brief statement on Thursday, the driller said that “due to the dramatic fall of the […]

  • Belize set to ban offshore drilling

    3 December 2015

    The government of Belize, a nation on the eastern coast of Central America, will ban offshore exploration drilling in all seven areas that make up the Belize Barrier Reef Reserve System World Heritage area. According to UNESCO, the decision will effectively exclude the entire World Heritage area from any future oil exploration and make the […]

  • Zenith Energy lands Rockhopper deal

    23 May 2016
    Business & Finance

    An Aberdeen-based well engineering and project management firm, Zenith Energy, has been awarded a six-figure contract to provide well engineering and project management services to a London-based operator.  Zenith Energy, established in 2012, has been awarded a long-term contract by Rockhopper Exploration. The first project under this contract will see Zenith manage the abandonment of […]

  • Athens Group introduces Well Control System Services

    30 July 2014
    Business & Finance, Equipment

    Athens Group, a provider of independent, 3rd-party technology assurance services for oil and gas drilling and production systems, has introduced a new generation of Well Control System Services focused on helping assure that subsea equipment is “fit for purpose.” Athens Group Well Control System Services help assure the well control/subsea equipment (electrical, mechanical, hydraulic, and […]

  • Offshore Energy Today: 2014 in pictures

    25 December 2014

    Today, we bring you our top picks from the 2014 galleries; these include new vessel deliveries, jack-up rigs, offshore platform fires and offshore drilling protests.  1. Gallery: Fire on Alaska platform contained  In October, fire broke out on the Baker platform, in the Cook Inlet of Alaska.   2. Gallery: Two injured in protest against offshore drilling […]

  • PSA slaps Statoil with safety order over near-fatal Sture gas leak

    21 March 2017

    The Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has issued an order to Statoil following a poisonous H2S gas leak at the Sture terminal on October 12, 2016. The Sture terminal in Øygarden municipality in Hordaland is a port for crude oil shipments. It receives crude oil and condensate from the Oseberg area through […]

  • Repsol boosts production, adjusted net income in 1Q

    4 May 2018
    Business & Finance

    Spanish oil company Repsol reported a net income of 610 million euros in the first quarter of 2018

  • Wintershall Dea drills duster in Norwegian Sea 

    8 January 2020
    Exploration & Production

    Wintershall Dea is concluding the drilling of a wildcat well near the Aasta Hansteen field in the Norwegian Sea.

  • Diamond Offshore: New Drillship Delivered. 4Q Net Income at $93M

    6 February 2014
    Business & Finance

    Diamond Offshore Drilling, Inc. today reported net income for the fourth quarter of 2013 of $93 million, or $0.67 per share. Results for the fourth quarter were negatively impacted by $0.41 per share to reserve for an uncertain tax position related to Egyptian operations. Partially offsetting this reserve was revenue recognized in connection with a […]

  • Eesti Energia to begin using Klaipeda LNG terminal from September

    26 August 2019
    Ports & Logistics

    Estonian energy trader Eesti Energia has signed an agreement to start using services of the KN-operated Klaipeda LNG terminal in Lithuania.

  • 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 […]