10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Conoship’s next-generation diesel-electric cargo vessel in production

    15 December 2022
    Business Developments & Projects, Green Marine, Vessels

    The construction of the next-generation diesel-electric propulsed cargo vessel, developed by Maritime engineering company Conoship International Projects, has kicked off in Turkey. The ceremonial start of the 3600 tdw vessel’s first construction took place on 24 November at the Gelibolu Shipyard in Turkey, and the vessel is expected to be delivered in 2023. The general […]

  • Sanmar lands order for zero-emission electric tug from Norwegian operator

    28 October 2022
    Business Developments & Projects, Vessels

    Turkish shipbuilder Sanmar Shipyards has secured an order to provide Norway-headquartered marine services company Buksér og Berging with its first electric tugboat.

  • UK’s navy ships embrace green tech to reduce environmental footprint

    31 December 2021
    Equipment, Technology, Vessels

    The UK’s Royal Navy has revealed that its newest warships feature the latest green credentials to comply with the International Maritime Organisation’s (IMO) environmental legislations.

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

    23 December 2013

    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 […]

  • Alaska: KOV, Transocean Extend Jack-up Rig Acquisition Deadline

    24 October 2011
    Business & Finance

    Buccaneer Energy Limited provides the following operational update on acquisition of Adriatic XI Jack-Up Rig. The Company’s 50% owned subsidiary Kenai Offshore Ventures, LLC (“KOV”) previously executed a binding Purchase Agreement with Transocean Offshore Resources Limited (“Transocean”) a subsidiary of Switzerland-based Transocean Limited, to acquire the GSF Adriatic XI offshore jack-up rig (“Rig”). The total […]

  • IMO Approves Autonomous Ship Trial Guidelines

    21 June 2019
    Rules & Regulation

    The Maritime Safety Committee meeting was held earlier this month.

  • Drewry: Capacity Cut Leads to Surge in Asia-ECSA Rates

    11 July 2016
    Business & Finance

    Downsizing of capacity on the Asia-East Coast South America trade has paid dividends to carriers with much improved freight rates, which would tempt container carriers to replicate the plan elsewhere as they will have most success in trades that are most closely coordinated, according to shipping consultancy Drewry. Most often a sudden rate decrease will take […]

  • Remediation Option Finalized for Lower Passaic River

    7 March 2016
    Business & Finance

    The Environmental Protection Agency (EPA) has issued its final Record of Decision for the Christie Administration’s selected remediation plan for the Lower Passaic River. The DEP issued a letter of concurrence to EPA last week, calling for the engineered, bank-to-bank capping of the lower 8.3 miles of the river, and the dredging of approximately 3.5 […]

  • Infrastrata acquires UK FSRU project

    2 June 2020
    Business Developments & Projects

    The London Stock Exchange-listed InfraStrata, a company focused on the development of natural gas storage capacity, has pulled the trigger for the acquisition of Meridian Holdings.

  • Actuant Sells Viking to Acteon

    17 August 2017
    Project & Tenders

    Actuant Corporation has signed a definitive agreement to sell its Viking SeaTech business to Acteon Group, a global subsea services business, for approximately $12 million. Actuant has also signed a definitive agreement to purchase Mirage, a $12 million revenue provider of industrial and energy maintenance tools, from Acteon for approximately $16 million, plus potential future […]

  • DNS and OGUK Join Forces to Streamline Activities

    19 November 2015
    Business & Finance, Operations & Maintenance

    UK offshore oil and gas industry trade bodies Oil & Gas UK (OGUK) and Decom North Sea (DNS) are to work more closely together to deliver a more efficient and effective decommissioning agenda for the North Sea. More joined-up working, but with each body retaining its independence, geographical representation, brand and governance, was announced yesterday (November 18) […]

  • UK: Isle of Wight Council Submits GBP 1.2m Bid for Tidal Energy Centre

    22 July 2011
    Project & Tenders

    A TIDAL energy centre off the Island’s coastline could go ahead after all, if a new bid for government funding proves successful. Following the rejection of an earlier bid for £20million in regional growth funding, to create a tidal-powered Solent Ocean Energy Centre (SOEC) off the south coast of the Island, a reduced bid for […]

  • Royal Navy Divers Blow Up Two Wartime Bombs Off UK

    12 April 2012
    Business & Finance, Operations & Maintenance

    Royal Navy divers from Portsmouth blew up two wartime pieces of ordnance off the Kent coast on Easter Sunday. The team from Southern Diving Unit 2 successfully dealt with a German GC mine off Sheerness and a 1,000lb Allied bomb off Margate. The German GC mine, usually dropped by parachute and containing some 1500 pounds […]

  • Oil firms evacuate workers as storm Cindy hits Gulf of Mexico

    21 June 2017

    U.S. Offshore operators are closely watching the Tropical storm Cindy that has formed in the Gulf of Mexico, leading to some oil companies to evacuate personnel. According to Dallas News, Enbridge has evacuated non-essential workers from two Gulf platforms. The news website says BP has evacuated non-essential personnel as well. In a statement on Tuesday, […]

  • Kenya: Mbawa Drilling to Start in Q3 2012, Pancontinental Says

    28 November 2011
    Business & Finance

    Pancontinental, a petroleum (oil and gas / hydrocarbon) exploration company with key assets in Australia, Kenya, Malta and Namibia, says on its website that preparations for drilling on the Mbawa Prospect are proceeding as planned. Pancontinental’s best estimate for the drill date is during or before Q3 2012. Pancontinental has a 15% interest in L8 […]

  • Austria: Palfinger Marine Enters The Champions League of Offshore Crane Systems

    8 February 2011
    Business & Finance, Equipment

      PALFINGER Marine’s development department has made the leap into the champions’ league of offshore crane systems with the design of the first PALFINGER “Heavy Duty Foldable” Marine crane for one of the world’s state-of-the-art research ships. PALFINGER Marine- und Beteiligungs-GmbH (PMB) is tapping into the market segment of large marine cranes with its “PFM” […]

  • Germany: Rickmers Group Appoints New CFO

    15 November 2011
    Business & Finance

    Dr Ignace Van Meenen has taken up the position of Chief Financial Officer (CFO) of the Rickmers Group effective 1 October 2011. In this function, Dr Van Meenen will press ahead with the realignment of the group of companies to enable it to respond faster and more flexibly to the demands of changing shipping markets. […]

  • New Zealand: 84 Containers Removed from Stricken Rena

    22 November 2011
    Business & Finance

    Efforts to remove containers from the rear deck of the Rena are continuing steadily, Maritime New Zealand (MNZ) says. As of early this afternoon, 13 more containers had been taken off the vessel, bringing the total removed to 84. The two rear container bays on the deck are now empty, allowing salvors to start on […]

  • Report: Security of LNG Supplies Prompting Concern

    18 October 2017

    While gas markets are currently well supplied, the transformation of natural gas markets from regional systems to more globalized and interdependent markets is creating new security challenges, according to the International Energy Agency’s (IEA) latest assessment of global gas security. The report, entitled Global Gas Security Review, analyzes recent gas balancing issues and risks with […]

  • Craig Group Disposes of Its Shipping Arm amid Restructuring

    6 November 2017
    Business & Finance

    UK-based Craig Group has sold its shipping arm, North Star Shipping, a provider of emergency response and rescue services to the offshore industry in the UK North Sea, to infrastructure equity fund Basalt Infrastructure Partners II LP (Basalt). The existing senior management team, staff and crew of North Star will remain with North Star, under the new owners, […]

  • Scorpio Bulkers Buying GOGL’s Six Ultramaxes

    25 September 2017
    Business & Finance

    Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) has entered into agreements to sell six Ultramax vessels to Scorpio Bulkers. The ships, built at Chengxi Shipyard between 2015 and 2017, would be sold en bloc for USD 142.5 million. Scorpio informed that it would fund the purchase by cash on hand, as well as […]

  • Equinox Bulker Newbuild Handed Over to Algoma

    14 September 2017
    Business & Finance

    Canadian shipping company Algoma Central Corporation (Algoma) has taken delivery of the first of two new Equinox Class self-unloading lake bulk carriers from Yangzijiang Shipyard in China. The newbuilding, named the Algoma Niagara, departed on September 12 on its two-month voyage to Canada via the Panama Canal. The 38,000 dwt Algoma Niagara is expected to […]

  • Wartsila X40 Engine Passes Type Approval Test, China

    10 June 2013

    Wartsila, the marine industry’s leading solutions and services provider has announced that its Wartsila X40 two-stroke engine has successfully passed its Type Approval Test (TAT). The testing was carried out in Zhuhai, China, at Wartsila’s licensee Yuchai Marine Power Co. Ltd (YCMP). In passing the TAT, the engine is verified as having fulfilled all classification […]

  • STX Finland Oy Inks Construction Agreement for New Offshore Patrol Vessel

    21 December 2011

    On 21 December 2011, STX Finland Oy and the Finnish Border Guard signed an agreement on construction of a next generation offshore patrol vessel. The vessel will be built at the STX Rauma ship­yard and delivered to the customer in November 2013. The highly advanced vessel will be 96 metres long and 17 metres wide […]

  • Shipping Should Explore Leasing Solutions, Moore Stephens Says

    26 April 2013
    Business & Finance

    International accountant and shipping adviser Moore Stephens says shipping companies should explore leasing opportunities as a way of adjusting their self-owned and chartered-in tonnage balance in response to the radical changes that have taken place in ship financing in recent years. Phil Cowan, the firm’s Head of Corporate Finance, says, “The traditional thinking of a […]