10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • HHLA Chairwoman: Elbe Dredging Must Happen

    10 February 2017
    Business & Finance

    Dredging of the river Elbe must take place, Angela Titzrath, Chairwoman of Hamburger Hafen und Logistik (HHLA) said, reacting to the the decision of the German Federal Administrative Court that the dredging plan needs revisions due to environmental concerns. The court declared on February 9, 2017, that the existing plan to adjust the navigation on the […]

  • NAPA Presents New Ship Performance Monitoring Service

    30 May 2017
    Business & Finance

    Maritime software, services and data analysis provider NAPA launched a new concept of ship performance monitoring, the web service NAPA Fleet Intelligence. The cloud-based web service for fleet operational insight will offer quick and easy access to high-accuracy performance monitoring for any vessel, regardless of ownership or charterer, according to NAPA. For charterers and cash-strapped owners, […]

  • FMC Discusses Regulatory Reform Initiative and Ocean Carrier Alliances

    29 May 2017

    The US Federal Maritime Commission (FMC) is on track with efforts to identify and address outdated, burdensome, or ineffective regulations, it was concluded at the commission’s meeting held on May 24. During the meeting, the FMC examined the next steps in its regulatory reform initiative which was launched earlier this year, progress made toward establishing a […]

  • StealthGas Posts Record Revenues, Remains “Cautiously” Optimistic

    26 May 2017
    Business & Finance

    StealthGas, a shipping company serving the LPG sector, reported record revenues in the first quarter of 2017, reaching USD 38.1 million, compared to revenues of USD 36.5 million seen in the same period a year earlier.  The rise was attributed to increased fleet utilization and a slight increase in market rates. The company’s net income stood at USD […]

  • Foreign Shipowners Encourage China to Resolve VAT Problems

    31 October 2013
    Business & Finance

    The Chairman of the International Chamber of Shipping (ICS), Mr Masamichi Morooka, has written to the Chinese Minister of Finance, encouraging the Chinese Government to continue its efforts to find a solution to the problems created by the application of Value Added Tax (VAT), since 1 August, to the transport and logistics services provided by […]

  • BAE Systems to Build Three OPVs for the Royal Navy

    6 November 2013

    The MoD plans to commission three new ocean-going Offshore Patrol Vessels for the Royal Navy in a deal that will sustain jobs in the UK’s warship building industry. The new ships, which will be built by BAE Systems at their shipyards on the Clyde, will play a key role in counter-terrorism, counter-piracy and anti smuggling […]

  • Ocean Rig in Vessel Deal with Samsung Heavy

    4 September 2013

    Ocean Rig announced that it has signed a contract to construct a 7th generation ultra deepwater drillship at Samsung Heavy Industries (SHI). This 7th Generation drillship is a sister ship to the three ( Ocean Rig Skyros, Ocean Rig Athena, Ocean Rig Apollo ) drillships currently under construction at Samsung, and is scheduled to be delivered […]

  • DP World UK Hosts Senior Dubai Official

    10 April 2014
    Business & Finance

    DP World Chairman HE Sultan Ahmed bin Sulayem welcomed this week senior Dubai official HE Mohammed Al Shaibani to DP World London Gateway port and logistics park in the UK. Mr Al Shaibani is the Director General of the Ruler’s Court of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister […]

  • Germany: MoU Signed at Cuxport to Construct Berth 4

    25 February 2014
    Business & Finance

    Olaf Lies, the Lower Saxony Minister of Economic Affairs, Labour and Transport, and Dr. Andreas Schmidt and Hans-Peter Zint, the Managing Directors of Cuxport, today signed a memorandum of understanding for the construction of berth 4 at the Cuxport terminal in Cuxhaven. Once the planned work has been completed in the spring of 2017, Cuxport […]

  • German Warship Rescues Fisherman Off Somali Coast

    14 February 2014
    Business & Finance

    On Wednesday 12 February 2014, a German Navy sailor, who was conducting ‘lookout’ duties on the bridge of Federal German Ship (FGS) Hessen, sighted a person waving for help from the top of a capsized boat off the Somali coast. The German warship, which is currently operating with the European Union Naval Force, conducting counter-piracy […]

  • USA: GL Noble Denton’s Dynamic Positioning for HOS New-Build PSVs

    14 August 2012

    Hornbeck Offshore Services (HOS) has selected GL Noble Denton to undertake dynamic positioning (DP) assurance services across the company’s technologically advanced fleet of vessels. GL Noble Denton’s team of DP engineers will support HOS to further develop internal dynamic positioning operating standards across 55 DP-capable offshore service vessels and a fleet of new-build platform services […]

  • SPEX Secures EST Development Contract from Shell (UK)

    3 July 2013
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    SPEX Group, an Aberdeen-headquartered provider of innovative technology solutions and services to the global oil and gas industry, has secured a further multi-million dollar contract with Shell for the development of a subsea tool. The revolutionary Emergency Severance Tool (EST) is due to undergo final field tests in the Gulf of Mexico later this year. […]

  • CSP Insight Delivered by Aquaterra Energy’s GM at SPE Malaysia Workshop

    24 June 2013
    Business & Finance

    Co-chair of the Applied Technology Workshop on Marginal Field Development, held in Langkawi, Malaysia this week, Ken Crawford, General Manager for Aquaterra Energy Asia-Pacific, delivered a valuable insight into rig installable Conductor Supported Platforms (CSPs). Talking to 119 international delegates, Crawford presented an overview of rig installable shallow water CSPs and their applications. The designs […]

  • Rosneft, Statoil Sign Russian Shelf Environment Protection Declaration

    23 November 2012
    Business & Finance, Project & Tenders, Research & Development

    President and Chairman of the Management Board of Rosneft Igor Sechin and President and CEO of Statoil Helge Lund today signed a Declaration on Protection of the Environment and Biodiversity for Oil and Gas Exploration and Development on the Russian Arctic Continental Shelf. Acknowledging that the Arctic environment consists of ecosystems with unique features and […]

  • Draft EIA Report for Turkish Sector of South Stream Offshore Pipeline Submitted

    23 December 2013
    Business & Finance, Operations & Maintenance

    South Stream Transport submitted the draft Environmental Impact Assessment (EIA) Report for the Turkish Sector of the South Stream Offshore Pipeline to the countries’ Ministry of Environment and Urbanisation. As a result of the design and management of the Project, construction and operation of the pipeline in the Turkish Exclusive Economic Zone is not expected […]

  • Dutch OOS Energy buys Ocyan semi-submersible rig

    20 November 2019
    Exploration & Production

    OOS Energy, a subsidiary of Dutch firm OOS International, has taken over management of the semi-submersible drilling rig ODN Delba III from Ocyan, formerly known as Odebrecht Oil & Gas.

  • Nord Stream Receives Operations Permit From Danish Energy Agency

    15 July 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

      Danish Energy Agency granted Nord Stream permission to operate the first of its twin pipelines that will transport natural gas from Russia to Europe. The application for Line 1 was sent in March – exactly two years after Nord Stream applied for permission to construction of the Nord Stream project. The operations permit has […]

  • Bibby Ship Management Buys Murray Fenton (India)

    8 November 2013
    Business & Finance

    Bibby Ship Management Group Ltd. announce the acquisition of Murray Fenton (India) Surveyors Limited. The acquisition was made via Bibby Ship Management India Pvt. Ltd, and will see India’s service offering expand into marine, cargo and offshore surveying including marine audit services. Operations will be based in Mumbai and Gujarat, with geographic expansion into other […]

  • Bluestream Takes Delivery of Third ROV from Saab Seaeye

    29 October 2013
    Business & Finance, Equipment

    Bluestream has taken delivery of the third of four ROVs ordered from Saab Seaeye in the last twelve months. Their new 2000 metre-rated Cougar XT is the second of this model to be added to the 11 strong ROV fleet operated by the Netherlands-based Offshore services company. Managing director, Rolf de Vries, sees the Cougar […]

  • Lundin: Haewene Brim FPSO Still Not Ready. Brynhild Project Delayed

    9 June 2014
    Business & Finance, Equipment, Operations & Maintenance

    Lundin Petroleum has reported that the Brynhild project is progressing at a slower pace than anticipated due to commissioning issues related to the FPSO operated by Shell on the Pierce Field in the UK sector. The upstream portion of the Brynhild project operated by Lundin Petroleum is progressing satisfactorily, but the production start-up is now […]

  • Wintershall Assumes Control of Vega

    4 March 2015
    Business & Finance, Operations & Maintenance

    Wintershall has taken over the operatorship of the subsea oil and gas field Vega from Statoil. Vega is the BASF subsidiary’s first operated subsea tie-in field in Norway. With this transfer Wintershall now operates two production fields on the Norwegian Continental Shelf, Brage and Vega. The takeover of the Vega operatorship is part of the […]

  • Esvagt wins Hess extension, orders new vessel from Havyard

    6 June 2016
    Business & Finance

    Danish shipowner Esvagt has extended its collaboration with the oil company Hess. As a result, the shipowner has ordered a new multi-purpose vessel with Havyard that will operate on Hess’ South Arne field in the Danish North Sea.  Esvagt and Hess, who have collaborated at the South Arne field for 17 years, have agreed to extend […]

  • Cyprus launches its third offshore licensing round

    25 March 2016

    The Cypriot Government announced on Thursday the beginning of the third round of licensing for offshore exploration Blocks 6, 8 and 10 in the Exclusive Economic Zone of the Republic of Cyprus. According to the Ministry of Energy, applications may be submitted within 120 days of the date of publication of the notice in the […]

  • Rolls-Royce introduces new AHTS design

    5 May 2016
    Equipment

    Rolls-Royce has introduced a new 68-meter anchor handling tug supply vessel (AHTS) which, according to the British engine giant, promises to lower build and operating expenses. The UT 7217, as the vessel design was named, falls within the mid-range AHTS category with a bollard pull of 100 tonnes and sufficient capacity for liquid and powder cargo in the supply […]

  • Kosmos boosts 3Q profit

    2 November 2015

    Kosmos Energy, an oil & gas exploration and production company, has posted a net income of $60.3 million for the third quarter of 2015, as compared to net income of $19.1 million, in the same quarter last year. When adjusted for certain items that impact the comparability of results, the company generated adjusted net income of […]