10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • MAN PrimeServ Pens EMC Agreement with German Shipping Line

    7 May 2013
    Business & Finance

    MAN Diesel & Turbo has signed a significant maintenance agreement with German shipowner Rörd Braren. The EMC (Engine Management Concept) agreement covers three ships from the German fleet and is the first such example of this type of agreement in several years. The company reports that the successful cooperation and knowledge sharing between its Hamburg […]

  • Kraemer beats ‘fierce competition’ to Statoil contract

    12 September 2016
    Business & Finance

    Statoil has awarded Kraemer Maritime a contract for supply of provisions to the company’s installations on the Norwegian continental shelf, taking effect on 1 January 2017. The estimated contract value is around NOK 230 million ($27.8M) per year. The contract period is four years with an option for three two-year extensions. The supplies include food, […]

  • Everllence, MEYER RE join forces to develop methanol retrofitting solutions

    14 August 2025
    Business Developments & Projects, Collaboration, Innovation, Technology, Vessels

    German engine manufacturer Everllence (formerly MAN Energy Solutions) and compatriot MEYER RE, an arm of the Meyer Group focused on sustainable maritime solutions, have shaken hands on an initiative to ‘advance’ methanol retrofitting systems. As divulged by the partners, the project will aim to cut down on the maritime industry’s carbon footprint while ensuring operational […]

  • OSIL Modular Multiple Corer for PNG Mining Project

    4 December 2017
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    International seabed sampling specialists Ocean Scientific International Ltd have shipped a modified version of the industry standard Multiple Corer to Australia for use in a project in a remote location of Papua New Guinea. The corer has been converted into a modular design to allow it to be transported by helicopter. The frame can be […]

  • Total starts-up West Franklin phase 2

    15 January 2015

    Total said it has started gas and condensate production from the West Franklin Phase 2 project in the Central Graben area of the UK North Sea.

  • Taiwanese Cargo Vessel Breaks Apart at Flying Fish Cove, Christmas Island

    9 January 2012

      Panama-flagged general cargo vessel Tycoon has split in two upon suffering damage down one side of its hull as it tore against the rocks on January 8 at Flying Fish Cove. The vessel managed by OCEAN GROW INTERNATIONAL, Taiwan, was loading phosphate on Christmas Island, Indian Ocean, for three days when it was pushed […]

  • Norway: February oil output slightly above NPD predictions

    19 March 2021
    Exploration & Production, Infrastructure

    Norwegian oil production in February 2021 was just above predictions made by the Norwegian Petroleum Directorate (NPD).

  • ‘Polarcus Nadia’ Mobilized for Fedynsky 3D Survey

    9 June 2014
    Business & Finance, Equipment, Research & Development

    Polarcus, in collaboration with Russia’s Dalmorneftegeophysica (“DMNG”), has been mobilized for the 3,000 sq. km high-density broadband Fedynsky 3D survey in the Russian Barents Sea. Polarcus Nadia departed Kirkenes, Norway, on 07 June for the project area. Polarcus is a pure play marine geophysical company with a pioneering environmental agenda, specializing in high-end towed streamer […]

  • Canada: Terra Nova FPSO to Return to Full Production by the End of December

    7 December 2012
    Business & Finance, Operations & Maintenance

    Suncor Energy announced that the Terra Nova FPSO facility operating offshore Newfoundland and Labrador is in the final stages of commissioning in preparation for start-up following planned maintenance. The FPSO is expected to return to full production rates around the end of December. Suncor expects total production to be within the company’s annual guidance range […]

  • Chinese Shipbreakers Bracing for Another Blow

    3 December 2014
    Business & Finance

    Chinese shipbreakers are heading for a another downturn as domestic scrap prices plunge to record lows, Platts said citing data from the China National Shiprecycling Association. Despite the country’s attempts to subsidize decommissioning of older ships losses have pilled up, reaching USD 32.5 million in the first half of the year. According to the Association, the second half […]

  • NWSA Sees Rise in June Import Box Volumes

    20 July 2016

    The Northwest Seaport Alliance (NWSA) reported an increase in import containers by four percent month over month in June – the highest June volume at the NWSA in the past four years. Furthermore, imports are expected to see a modest boost this summer and fall, according to the NWSA. Through the first six months of […]

  • Yangzijiang Shipbuilding Slashes Interest in JHMPCO

    14 August 2014
    Business & Finance

    Singapore-listed Yangzijiang Shipbuilding announced disposal of its 50% equity interest in the registered capital of ship demolishing business Jiangsu Huayuan Metal Processing (JHMPCO). “In view of the weakening demand and increased costs in relation to higher requirement on environmental regulations, it is in the best interest of the company to dispose the 50% equity interest […]

  • Tata Steel to Benefit from Offshore Wind Industry (UK)

    6 February 2012

    Offshore wind mills presents a great business opportunity for the steel industry in the future, Richard Freeman, Manager for Product and Market Development in Tata Steel said to The Northern Echo. Tata Steel invested £2m in the Hartlepool tube mills in October. They are planning to establish a supply base for steel tubular sections used […]

  • Bergen Group Wins Pipe Installation Contract for Newbuild Offshore Vessel

    1 July 2011
    Business & Finance, Equipment

    Bergen Group has, through its subsidiary Bergen Group Skarveland AS, received a contract with the Norwegian yard Hellesøy Verft AS for complete pipe installation valued NOK 22 million. The contract is related to a newbuild offshore vessel for a Norwegian shipping company. The delivery will be completed in Q1 2012. With this contract, Bergen Group […]

  • Keansburg Beach Replenishment Project Moves Ahead (USA)

    9 April 2014
    Business & Finance, Equipment, Technology

    At a press conference recently held at the Waterfront Library in Keansburg, N.J., Rep. Frank Pallone announced progress on the Army Corps of Engineers’ Keansburg Beach Hurricane and Storm Damage Risk Reduction Project. The replenishment effort, which is broken into four contracts, began in late 2013, with the first 1 million cubic yards of sand […]

  • Oyster bags stake in UK North Sea licence

    20 November 2014
    Business & Finance, Project & Tenders

    Oyster Petroleum Limited has entered into a farm-in agreement whereby, in exchange for covering certain well costs on drilling, Oyster Petroleum will acquire a 30% interest in licence P.2132, covering blocks 16/11b and 16/16 in the South Viking Graben of the UK North Sea. The P.2132 licence is operated by Maersk Oil North Sea UK […]

  • Ivy Mead Flood Protection Plan Progresses

    12 February 2018
    Business & Finance

    Sinn Féin Foyle MLA, Karen Mullan, said in its latest announcement that she has welcomed progress from the Department for Infrastructure on carrying out assessments to identify potential flood risks in the Ivy Mead area of Derry. A number of homes were severely damaged in the aftermath of adverse flooding that took place in areas […]

  • Algae-Based Biofuels Come Closer to Reality

    27 February 2014
    Business & Finance

    A team of Michigan State University scientists has invented a new technology that increases the odds of helping algae-based biofuels cross that gap and come closer to reality. The current issue of Algal Research showcases the team’s invention — the environmental photobioreactor. The ePBR system is the world’s first standard algae growing platform, one that […]

  • BIMCO: First Quarter without Boxship Orders since 2009

    6 May 2016

    The overcapacity in the container shipping sector seems to have finally struck a nerve as owners abstained from ordering new boxship capacity for the first time in years. According to BIMCO, the first quarter of this year was the first time since the second quarter of 2009 that three months have passed without any new orders […]

  • Indonesia, Vietnam deemed high risk countries for Oil & Gas investors

    19 August 2014

    Indonesia’s climate for investments in the oil & gas sector weakened significantly due to restrictions on foreign direct investments.

  • Canada: Wet’suwet’en First Nation Urges Premier Clark for Crown Consultation on LNG Export Industry

    21 January 2014

    The Wet’suwet’en First Nation warned Premier Clark to begin Crown Consultation with the Wet’suwet’en on establishment of the new LNG export industry. “Time is running out,” said Chief Karen Ogen, “If Wet’suwet’en is to participate meaningfully in the LNG industry choices and plans for our aboriginal title lands, the BC government must provide us with […]

  • Primorye Supports Creation of Shipbuilders Training Center, Russia

    7 March 2013

    In its February session, the Primorye Legislative Assembly supported the initiative of its colleagues from the Committee for Economic Policy and Property and expanded the Development of Education in Primorye state project for years 2013-2017 with the creation of a general purpose career school of shipbuilding at the Far Eastern Shipbuilding College. The Far Eastern […]

  • India’s Hygenco breaks ground on green ammonia facility in Odisha

    9 June 2025
    Business Developments & Projects, Exploration & Production, Project & Tenders, Research & Development

    India’s hydrogen and ammonia developer Hygenco Green Energies has broken ground on a green ammonia plant in Gopalpur Industrial Park, Odisha.

  • Damen Shiprepair Brest Wins Double Order (France)

    31 January 2014
    Business & Finance

    Damen Shiprepair Brest (France) received a booking for the dry-docking and repairs of two shuttle tankers managed by Knutsen NYK Offshore Tankers A/S. The 88,109 GRT sister vessels Karen Knutsen and Sallie Knutsen expect to arrive end February and Middle of March respectively. Damen Brest’s Managing Director Jos Goris commented: “We are very pleased with […]

  • UK firm’s North Sea discovery forecasted to rake in $545 million in revenue over life of field

    11 July 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development

    United Oil & Gas’ North Sea discovery, envisioned as a subsea tie-back, has been valued at £109.1 million on an unrisked basis.