10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Denmark: Maersk Resolve Rig to Arrive at Luna Prospect in Mid August

    23 June 2011
    Business & Finance

    Elko announced on May 4, 2011, that the Luna well will be drilled by the ‘Maersk Resolve’ jack up drilling unit. The rig had been secured by Noreco, the license operator, under a letter of intent. At that date the rig was expected to be available for Luna in mid August 2011 but this date […]

  • Costamare Finds Work for Nine Ships in 1st Quarter

    21 April 2016
    Business & Finance

    Despite a challenging container shipping market, the Athens-based containership owner Costamare Inc. managed to finds employment for nine of its ships during the first quarter of 2016. Costamare said that it entered an agreement to charter the 1998-built, 3,842 TEU containership Itea with German shipping giant Hapag-Lloyd for a period of minimum 4 weeks and maximum 6 months starting from April 20, 2016 at a daily rate of […]

  • Jan De Nul in Benin: Season’s Goal Completed

    15 April 2019
    Business & Finance

    Jan De Nul has just released the latest update on their underwater breakwater project in Benin, saying that the season’s goal was successfully completed. “Our vessel Pompei installed a total of 440,000 tonnes of rock in 132 days. Now getting ready for another 400,000 tonnes,” said Jan De Nul in its announcement. The stone installation […]

  • Australia Shortlists Suspects for Great Barrier Reef Oil Spill

    21 July 2015

    Australian maritime authorities are investigating an oil slick, spotted by local fishermen on Friday in the vicinity of Australia’s Great Barrier Reef, a UNESCO-protected site. The spill was reported to be 800m in diameter, located some 18 nautical miles north-northeast of Cape Upstart, that has broken up into small oily patches over the weekend. “There are […]

  • Owner Fined for Dumping Garbage in Great Barrier Reef

    22 July 2015
    Business & Finance

    The master and owner of the Hong Kong registered bulk carrier ANL Kardinia have been found guilty for illegally dumping garbage in the Great Barrier Reef Marine Park. The Townsville Magistrates Court fined One Armania Shipping Ltd and the master of ANL Kardinia on July 20 on one charge each of illegally disposing of garbage […]

  • Australia Shortlists Suspects for Great Barrier Reef Oil Spill

    21 July 2015

    Australian maritime authorities are investigating an oil slick, spotted by local fishermen on Friday in the vicinity of Australia’s Great Barrier Reef, a UNESCO-protected site. The spill was reported to be 800m in diameter, located some 18 nautical miles north-northeast of Cape Upstart, that has broken up into small oily patches over the weekend. “There are […]

  • USA: “Hoedag” – Name of New Dredger for Grand Lake St. Marys

    6 May 2014
    Business & Finance, Equipment, Technology, Vessels

    The Lake Improvement Association, a non-profit organization dedicated to the improvement of Grand Lake St. Marys, recently announced the result of its “Name That Dredger” contest. The new dredger destined to join Grand Lake St. Marys State Park’s record-setting fleet will be named “Hoedag”, the moniker of a mythical creature said to prowl the waters […]

  • USA: BOEMRE Funds Study to See How Arctic Sea Ice can Impact Offshore Facilities

    22 September 2011
    Business & Finance

    The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE)  announced it has awarded a contract totaling $499,981 to Dartmouth College to conduct a technical study on how Arctic sea ice fractures and breaks as it flows in open waters. The study will be conducted by researchers at Dartmouth College’s Thayer School of Engineering. BOEMRE […]

  • Moody’s Lowers Adani Abbot Point Terminal’s Rating

    14 March 2016
    Business & Finance

    Moody’s, an independent rating agency, has downgraded Australia-based Adani Abbot Point Terminal’s (AAPT) senior secured and senior secured bank credit facility rating to Ba2 from Baa3.  The ratings’ outlook is negative, reviewing the challenging industry conditions, and uncertainty on AAPT’s ability to generate sufficient free cash flows to achieve the deleveraging, since this depends on the ability of the […]

  • Moody’s Switches to Positive on CMA CGM

    19 June 2015
    Business & Finance

    Rating agency Moody’s Investors Service has changed to positive from stable the outlook on the B1 corporate family rating (CFR), the B1-PD probability of default rating (PDR) and the B3 senior unsecured rating of French liner company CMA CGM S.A. Concurrently, Moody’s has affirmed the ratings assigned to the company including its B1 CFR, B1-PD […]

  • PM Coast Maritime Completes Sea Trials for RAstar 3200 Tug, Singapore

    14 November 2012

    PM Coast Maritime has completed sea trials of PMS 1386, the first of two RAstar 3200 tugs to be built by their own shipyard in Singapore. The RAstar class of tugs is intended for operations in exposed areas such as many new LNG terminals where a high standard of sea-keeping is required. With Fi-Fi 1, […]

  • First LNG-ready LR2 Aframax delivered to Performance Shipping

    1 August 2025
    Business Developments & Projects, Infrastructure, Vessels

    Greek tanker owner Performance Shipping has taken delivery of its first LNG-ready LR2 Aframax newbuild from Shanghai Waigaoqiao Shipbuilding in China.

  • Bergen Group’s Restructuring Lowers Profit

    27 February 2014

    In the 4th quarter of 2013, Bergen Group had a turnover of NOK 716 million, and a negative operating profit before depreciation and impairment (EBITDA) of NOK 76 million. An accounting loss due to the sale of the Kimek companies in Kirkenes affects the quarterly profit with NOK 33.4 million. Bergen Group has spent the […]

  • DEA Opens 7th Licensing Round, Invites Companies to Submit Applications

    24 April 2014
    Business & Finance, Operations & Maintenance, Research & Development

    The DEA is opening the 7th Licensing Round for interested oil and gas companies, who are invited to submit applications to the DEA for new North Sea oil and gas licences. The application period ends on 20 October 2014. The areas offered for licensing are located in the Central Graben, where the majority of Danish […]

  • Denmark offers North Sea blocks in 7th Licensing Round

    24 April 2014

    The Danish Energy Agency is opening the 7th Licensing Round for interested oil and gas companies, who are invited to submit applications to the DEA for new North Sea oil and gas licences. The application period ends on 20 October 2014. The areas offered for licensing are located in the Central Graben, where the majority […]

  • Three Bodies Recovered near Sunken Thorco Cloud, One of Them Missing Crew Member

    29 December 2015
    Business & Finance

    Three bodies have been recovered near the wreckage of the sunken Thorco Cloud and one of them has been confirmed as one of the six missing crew members of the sunken vessel. The six crew members of the Antigua and Barbuda-flagged freighter Thorco Cloud went missing after their ship sank in the Singapore Strait in […]

  • Havila Kystruten welcomes its first hybrid coastal cruise ship

    15 November 2021
    Business Developments & Projects, Vessels

    Norwegian shipping company Havila Kystruten has taken delivery of Havila Capella, one of its newbuild hybrid-powered vessels.

  • Damen Shiprepair Brest to Drydock and Repair LNG Carrier ‘Bachir Chihani’

    22 November 2013
    Business & Finance

    Damen Shiprepair Brest (France) received her seventh LNG booking for the drydocking, maintenance and repair of the LNG carrier ‘Bachir Chihani’. The Hyproc Shipping owned and managed vessel will arrive at November 25th.  Jos Goris, managing director of Damen Shiprepair Brest, says: “We are very pleased with this order, since it ensures the continuation of […]

  • Fugro Reports Weak 1H Results

    11 August 2014
    Business & Finance, Operations & Maintenance

    Fugro has disclosed information on its performance in the first half of 2014, with first half-year revenue of EUR 1,186.9 million compared to EUR 1,167.9 million in first half of 2013. Year-on-year revenue growth at constant currencies of 6.2% or 7.9% excluding multi-client. As previously announced, following a disappointing first quarter and due to poorer than expected results […]

  • Vaasa, Umeå Merge Port Management Operations

    6 January 2015
    Business & Finance

    Finland’s Port of Vaasa and Sweden’s Port of Umeå merged their operations under the new company, Kvarkenhamnar AB. The company will be marketed under the name, Kvarken Ports Ltd. Kvarken Ports will be owned jointly by the city of Vaasa and Umeå Kommunföretag AB. The current port staff in Umeå and Vaasa Port, approximately 30 […]

  • Singapore: Swire Pacific Offshore Adds Pacific Python AHTS to Its Fleet

    7 December 2011
    Business & Finance

    Singapore-based, Swire Pacific Offshore (SPO) has taken delivery of Pacific Python, the last of eight new “P Class” Anchor Handling Tug Supply (AHTS) vessels built by Qingdao Qianjin Shipyard, marking the successful completion of the major part of an ongoing fleet replacement programme. This follows on from the delivery of her sister vessel Pacific Porpoise […]

  • Cargotec is to deliver MacGregor anchor handling systems for two 12000 BHP anchor handling tug supply and oil recovery vessels in China

    15 March 2011

    Cargotec has won a contract to supply two sets of MacGregor anchor-handling systems for two anchor-handling tug /supply / oil recovery vessels under construction at a Chinese Shipyard for a Singaporean owner. The anchor-handling equipment is scheduled for delivery at the end of 2011 and it will be manufactured at Cargotec’s facilities for offshore load […]

  • BC Ferries Names Its First Salish-Class Ship

    27 November 2015
    Business & Finance

    Canadian ferry operator BC Ferries held a naming ceremony for its first Salish-Class vessel at Remontowa Shipbuilding S.A. in Gdansk, Poland earlier this week. The new ferry, christened Salish Orca, will replace the 50-year-old Queen of Burnaby on the Comox – Powell River route after it joins the BC Ferries’ fleet in late 2016. Featuring dual-fuel, Salish Orca is […]

  • Several Contracts in British Columbia for Ocean Group

    11 March 2020
    Business & Finance

    Quebec based marine company Ocean Group, through its related corporations, has been awarded numerous contracts in British Columbia as part of the expansion of its services to clients on Canada’s west coast. “It goes without saying that a great deal of development work has been carried out on the Canadian west coast and that we […]

  • Corps Awards Wells Harbor Dredging Contract (USA)

    2 October 2013
    Business & Finance

    Maintenance dredging at the Wells Harbor federal navigation project in Wells, Maine, will be completed under the terms of a $2,680,908.00 contract recently awarded by the U.S. Army Corps of Engineers, New England District. Work will be accomplished Southwind Construction Corporation, of Evansville, Ind. Construction is scheduled to start on or about Oct. 15, 2013 […]