10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • New Shipping Laws Would Axe 93 Pct of Aussie Seafarer Jobs

    4 September 2015

    A Cost Benefit Analysis (CBA) of the inquiry into the Australian Shipping Legislation Amendment Bill 2015 by The Australia Institute shows that 1,089 Australian seafarer jobs, or 93 per cent of the current workforce, will be lost. As a result, the institute estimates that only 88 Australian seafarer jobs would remain, paving the way for foreign-owned companies to employ […]

  • Shared grid offshore New England saves over $ 1 billion onshore – Report

    15 May 2020
    Business Developments & Projects, Environment

    A multi-user, planned transmission system to harness wind power off New England’s coast could result in onshore electric grid cost savings of over $ 1 billion and significantly reduce environmental impacts, a report prepared for transmission developer Anbaric shows. The report, Offshore Transmission in New England: The Benefits of a Better-Planned Grid, describes the limitations […]

  • Kongsberg to Supply K-Sim Engine Simulator for RMU in Ghana

    11 April 2014
    Business & Finance

    The Regional Maritime University (RMU) from Ghana has awarded Kongsberg Maritime a contract to deliver its K-Sim Engine simulator for its premises in Accra. The highly advanced Full Mission Engine Room Simulator (ERS), which is due for delivery in May 2014 will enable RMU to provide education according to STCW requirements. RMU is a tertiary […]

  • MSC arm acquires stake in Adani’s Ennore container terminal

    18 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics

    Terminal Investment Ltd (TiL), the container terminal operating and investing arm of Swiss MSC Mediterranean Shipping Company, the world’s largest container shipping company, has taken a 49% stake in Adani Ennore Container Terminal Pvt Ltd (AECTPL).

  • Unique System mobilizes Hyperbaric Reception Facility in GoM

    10 September 2014
    Business & Finance, Equipment

    The system was leased by Cal Dive International for the duration of its project in order to ensure the safety of its saturation divers in the event of an emergency while on the project.

  • Talley’s Fined for Crewman’s Death

    29 April 2015
    Business & Finance

    A court in New Zealand fined Motueka-based agribusiness company Talley’s Group Ltd with NZD 48,000 (USD 37,000) and ordered the company to pay NZD 35,000 in reparation to the family of a crewman killed after falling nearly 7 meters on the tuna fishing vessel Capt MJ Souza in Nelson in May 2012, Maritime New Zealand reports.   The company […]

  • Sweden prepares to ban use of scrubbers

    2 July 2024
    Authorities & Government, Regulation & Policy

    The Swedish government has decided to go ahead with introducing a scrubber ban within the country’s waters.

  • Diamond Offshore drillship fleet to sport managed pressure drilling systems by year-end

    17 July 2024
    Business & Finance, Business Developments & Projects

    Diamond Offshore is working on bolstering the capabilities of its drillships by equipping them with a managed pressure drilling (MPD) system.

  • ‘World’s first’ 700 TEU pure battery-powered containerships are here

    29 December 2023
    Infrastructure, Vessels

    China’s shipping company COSCO Shipping Development has taken delivery of two 700 TEU electric containerships built by COSCO Shipping Heavy Industry (Yangzhou), part of COSCO Shipping Group.

  • USA: Experts to Discuss Marine Energy at Upcoming Event

    16 July 2013
    Research & Development, Technology

    As marine hydrokinetic technologies continue moving from concept to commercial viability, an international panel of experts is convening in Denver, Colo., to discuss this emerging sector of the hydropower industry. With a number of research groups believing hundreds of gigawatts-worth of electricity can be had from ocean-, tidal- and wave-powered generating units, marine energy will […]

  • Global AUV Fleet to Increase 42% by 2018

    4 April 2014
    Business & Finance

    The global AUV (autonomous underwater vehicle) fleet will increase 42% in the 2014-2018 period, compared to the previous five years, according to the industry analyst Douglas-Westwood (DW) report. The fleet is forecast to total 825 units in 2018, led by strong demand in the military sector. These are findings from DW’s 5th edition of the World […]

  • Flying start for Scottish renewables after record year

    28 June 2018
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    In the first quarter of 2018, renewable electricity generation in Scotland has increased for 11% or 736 GWh from the same quarter last year, with installed renewable electricity capacity also rising by 11% or 999MW over the same period, according to government reports.

  • Australia: Origin Quarterly Production Down 2 Percent

    31 October 2011

    Origin Energy Limited today released the Quarterly Production Report for its Exploration and Production business, reporting production of 36.3 petajoules equivalent (PJe) and sales revenues of $232.3 million, for the quarter to 30 September 2011. During the quarter, significant progress continued to be made on the Australia Pacific LNG project. Australia Pacific LNG announced a […]

  • PIERS to Deliver Customized Business Intelligence Solution for Bulk Shipments

    30 October 2013
    Business & Finance

    PIERS, the Standard in Trade Intelligence, has been selected by AmSpec, to deliver a customized business intelligence solution that will provide immediate and actionable insight into bulk shipments of petroleum products around the world. Recent investments made to the technology PIERS uses to process over 17,000,000 waterborne import and export bills of lading each year, […]

  • Germany: Port of Kiel Gears Up for Coming Winter

    11 November 2013
    Business & Finance

    Throughout the port of Kiel preparations are in full swing for the oncoming winter period. The 2,050 GT, 88m long and 13 m wide cargo ship “Julieta” arrived with a load of 3,200 tons of gritting salt from Morocco. Hans-Martin Burmann, Managing Director of Burmann Hafenlogistik, said “This is a premiere for Kiel. For the […]

  • Bangladesh: Western Fishers Shipyard Kicks Off Construction of Six Fishing Vessels

    23 April 2012

    Western Fishers Shipyard has inaugurated on April 19th the construction works of six fishing trawlers at the yard premises in Kolagaon, Patiya. Western Fishers Shipyard Ltd is a JV between Western Marine Shipyard and Fishers Shipyard Limited. Out of the six ships four ships will be owned by JK Group , 2x41m fishing trawlers and […]

  • IMCA to Host Workshop on PLCs in Diving Systems

    12 January 2015
    Business & Finance, Equipment

    Since 2010 diving systems featuring programmable logic controllers (PLCs) have undergone rapid development. With use of these systems set to continue to rise, the International Marine Contractors Association (IMCA) has taken the initiative to future-proof by organising a workshop in Amsterdam on 11 March 2015 to discuss the big issues. “The workshop will be a […]

  • TGS’ Profit Down

    30 July 2015
    Business & Finance

    TGS reports net revenues of USD 140 million in Q2 2015, compared to USD 205 million in Q2 2014. Earnings before interest and taxes (EBIT) totaled USD 36 million, corresponding to an EBIT margin of 26%.  Net income for Q2 2015 was USD 24.5 million (18% of net revenues), down from USD 61.3 million in […]

  • Johan Sverdrup Template in Place

    13 August 2015
    Business & Finance, Equipment, Operations & Maintenance

    The first piece of the Johan Sverdrup development has now been completed and installed on the field in the North Sea. The Heerema Marine Contractors’ crane vessel “Thialf” completed the installation of the 280-tonne pre-drilling template on the Johan Sverdrup field. “We have completed and installed the first piece of one of the largest industrial projects […]

  • UK: NHC Set for Growth in Annual Figures

    19 October 2012
    Business & Finance, Operations & Maintenance

    A specialist North-east oil and gas industry support and training facility is on track to double its turnover this year. The Aberdeen-based National Hyperbaric Centre (NHC), which has been operating in the North-east for more than 25 years is set to see an increase of more than £3m in the annual figures following growth in […]

  • U.S. Department of Justice closes investigation of Eni

    1 October 2019
    Business & Finance

    Eni has said it has received confirmation from the U.S. Department of Justice that the DOJ has closed its investigation of Eni with respect to the Nigerian offshore license OPL 245 and Algeria matters without taking any action.

  • Saudi Aramco takes EDC jack-up on a five-year contract

    11 February 2019
    Exploration & Production

    World’s largest oil company Saudi Aramco has chartered the Setty jack-up drilling rig from the Egyptian drilling contractor EDC.

  • Panama Canal Regains Past Glory

    15 July 2015
    Business & Finance

    Weekly capacity on Far East to US East Coast all-water services has surged by 20% year-on-year, to reach a record high of 143,000 teu this month, according to market analyst Alphaliner. A total of 25 weekly strings currently serve the trade, four more than one year ago. Six strings were launched between March and May […]

  • DMCA, Maritime Stakeholders to Establish Professional Bunker Standard in UAE

    21 September 2011
    Business & Finance

    Dubai Maritime City Authority (DMCA), the government entity in-charge of regulating and supervising all aspects of the maritime sector in Dubai, has announced that it is leading a new initiative that seeks to establish a professional bunkering standard in the UAE. DMCA has further revealed that it has gathered key stakeholders in the UAE bunkering […]

  • ABB: Power Systems Division Delays Hit ABB’s 4Q Results

    22 January 2014

    ABB said its fourth-quarter 2013 results were adversely impacted mainly by charges for storm-related project delays and some operational issues in the Power Systems (PS) division. Additional restructuring-related charges were taken in response to the division’s soft order intake in 2013. The company also booked non-operational charges related to certain Group legacy issues. “While the […]