10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • CIS’ contract with Shell to double business turnover

    5 May 2014
    Business & Finance

    Craig International Supplies has been awarded new contracts with Shell which will almost double the turnover of its business. The contracts will increase the international reach and buying power of the procurement division of Scottish family-owned energy services and shipping firm, Craig Group. The contract awards will be announced on Monday 5th of May at […]

  • APM Terminals Moin Project Gets Final Clearance

    21 December 2014
    Business & Finance

    The Secretaría Técnica Nacional Ambiental (SETENA), the official environmental agency of the government of Costa Rica, has granted approval to the APM Terminals Moin Container Terminal project, being developed under the auspices of the Board of Port Administration and Economic Development of Costa Rica’s Atlantic Coast (JAPDEVA). The environmental license was issued on Thursday, December […]

  • Petrofac Strikes Oil at Cendor, Malaysia

    2 May 2013

    Malaysia’s oil giant Petronas has announced the successful drilling of Cendor Graben-2 appraisal well within Block PM304 offshore Peninsula Malaysia. The well was drilled to a depth of over 1,000 metres and confirmed the presence of oil and some gas-bearing reservoirs. Drilling was undertaken by Petrofac (Malaysia PM304) Ltd, the operator for Block PM304, together […]

  • TORM Inks Sale and Leaseback for Tanker Duo

    9 March 2017
    Business & Finance

    Danish shipping company TORM has reached an agreement to sell and leaseback two of its vessels, the LR2 tanker TORM Helene and the MR tanker TORM Mary. Additionally, the company decided to sell its 1999-built MR tanker TORM Anna, TORM said in its latest financial report. As a result of these transactions, the company’s liquidity is […]

  • Teekay Tankers Bags Sale-Leaseback Deal for Suezmax Quartet

    18 May 2017
    Business & Finance

    Tanker shipping company Teekay Tankers, part of Bermuda-based Teekay Corporation, has entered into a term sheet for a USD 153 million, 12-year sale-leaseback financing relating to four Suezmax tankers. The deal was signed in April 2017, and once completed, is expected to further strengthen the company’s balance sheet and boost its liquidity position by approximately USD 30 […]

  • Highlights of the Week

    9 November 2014
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Subsea World News has put together a recap of the most interesting articles from the previous week (November 03 – November 09).       The safe installation of the 6,500 tonne structure by the deepwater construction vessel Aegir marks the beginning of the Project’s major installation campaign in the Browse Basin, offshore Western Australia. […]

  • 17 companies embark upon GoodShipping’s insetting initiative

    31 March 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Ports & Logistics, Transition, Vessels

    Seventeen companies are collaborating with shipping company Samskip to reduce carbon dioxide emissions by using sustainable biofuel to ship their products on board Samskip’s vessels. The initiative, called “insetting,” is promoted by GoodShipping, which provides the opportunity for shippers to transport their freight sustainably, reducing their carbon footprint. Shippers often transport small numbers of containers […]

  • HD HHI, Seoul National University team up on eco-friendly ship technology

    31 January 2024
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Regulation & Policy, Research & Development, Safety, Technology, Vessels

    South Korean shipbuilder HD Hyundai Heavy Industries is working together with Seoul National University to develop eco-friendly ship technology through the advancement of sloshing technology in ship cargo holds.

  • Wasaline’s clean design RoPax ferry gets ABB’s Azipod electric propulsion

    14 September 2020
    Equipment, Vessels

    Aurora Botnia, Wasaline’s new the 150-meter car and passenger ferry, has been fitted with ABB’s ice-class Azipod electric propulsion.  The new ferry, launched by the Finnish shipyard Rauma Marine Constructions, will be operated by Wasaline on the world’s northernmost all-year passenger route between Vaasa in Finland and Umeå in Sweden. Each of the five blades of […]

  • Damen DOP150 Dredge Pump for New Power Plant Project in Brazil

    13 September 2018
    Business & Finance, Equipment, Technology

    Damen has supplied a DOP150 submersible dredge pump to Brazilian civil engineering contractor BELOV. It is now in operation, creating an access channel into the sea for a new power plant currently under construction, the Dutch defense, shipbuilding and engineering conglomerate said.  The access channel is for a critical pipeline for the plant’s cooling system and […]

  • Russia: Baltiysky Zavod Christens and Launches BFC’s New Vessel Mira

    27 April 2012

    St. Petersburg-based shipyard Baltiysky Zavod yesterday on April 26th held a launching and christening ceremony for the third vessel in a series of four non-self propelled oil tankers of Project 2734, ordered by Baltic Fuel Company (BFC). The vessel was named “Mira.” The RUB 400 million (approx USD 13.6 Mln) turn-key contract for four tankers […]

  • Australia: LNP Commits Money for Trinity Inlet Dredging

    21 February 2012

    LNP Leader Campbell Newman today pledged up to $40 million from an LNP Government to deepen Trinity Inlet in order to deliver access to Cairns Port for larger cruise ships and other vessels. Mr Newman said the project would provide a huge boost and more local jobs for Cairns by encouraging larger cruise ships to […]

  • UK: Police searching for offshore worker linked to sexual assault

    20 January 2015
    Exploration & Production

    British Transport Police has issued an appeal to trace offshore worker with links to Great Yarmouth after woman sexually assaulted in Grantham. British Transport Police (BTP) officers yesterday released images of a man they wish to speak with after a woman was sexually assaulted on a train travelling between Grantham and Newark on Thursday, 11 December […]

  • Maersk Oil Extends its Portfolio on NCS with Seven New Licences

    18 January 2012

    Danish oil giant, Maersk Oil has been awarded seven licences offshore Norway in the APA Licencing Round, strengthening its position around the large Avaldsnes discovery and other Maersk-oil operated licence areas. “The award of new licences significantly adds to our exploration portfolio and represents another step towards building material business in Norway, a country that […]

  • SAMS’ Seagliders Contribute to Ocean Studies

    5 August 2015
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Robotic underwater Seagliders used by the Oban-based Scottish Association for Marine Science (SAMS) have now gathered the equivalent of five years of oceanographic data, most of which was collected in the past 18 months. This milestone, which was reached at the end of last month, highlights a major change in how marine scientists collect information […]

  • Greens: Abbott’s One-Stop-Shop to Sell Out Great Barrier Reef (Australia)

    15 August 2013
    Business & Finance

    Tony Abbott’s planned one-stop-shop for development approvals, announced today to begin in Tasmania, is code for fast-tracking damaging mega projects across the country, say the Australian Greens. “Tony Abbott plans to remove the vital layer of federal approval that protects our most important environmental assets, which was first put in place to save the iconic […]

  • More Shipowners Opt for South Asian Beaching Yards

    1 February 2017
    Business & Finance

    The shipping industry’s management of end-of-life vessels has shown no improvements in 2016 as the number of ships sold for shipbreaking on the beaches of South Asia increased during the year, according to data released by NGO Shipbreaking Platform. Namely, out of 862 ships which were dismantled worldwide, a total of 668 vessels were broken on tidal […]

  • Resaca Dredging Project Moves Forward (USA)

    14 May 2013
    Business & Finance, Equipment, Technology

    Along the banks of the Cemetery Resaca in the historic Old City Cemetery in Brownsville, the Brownsville Public Utilities Board officially recently marked the launch of the Resaca Restoration Project. BPUB workers, special guests and residents from the neighborhood attended the ceremony marking the cleanup efforts. BPUB General Manager & CEO John S. Bruciak served […]

  • MSI: Brexit to Hit Container Shipping Recovery Prospects

    11 July 2016
    Business & Finance

    The UK Brexit vote will have far-reaching effects on the container shipping market, despite the country’s relatively minor role in global trades, according to Maritime Strategies International (MSI). An analysis of the impact of the UK Brexit vote on the container shipping sector found that amid the short term political and economic uncertainty, the downside risks […]

  • Total: Elgin Gas Leak Continuing (UK)

    28 March 2012

    On 25 March, Total reported that a gas leak following a well operation occurred on the same day at the wellhead platform on the Elgin gas field which is located in the UK North Sea approximately 240 km east of Aberdeen. Total immediately launched internal emergency procedures and Crisis Management Teams have been mobilized in […]

  • Poplar Island Growing Bigger Every Day

    21 September 2017
    Business & Finance, Project & Tenders

    The U.S. Army Corps of Engineers, Baltimore District, is leading an interagency project to help restore the ecosystem at Poplar Island in the Chesapeake Bay. The Paul S. Sarbanes Ecosystem Restoration Project at Poplar Island is a $1.4-billion sustainability project to provide habitat for diamondback terrapins, over 160 bird species, crabs, rockfish and killifish, all […]

  • Shipping Earnings Index Down

    16 October 2014
    Business & Finance

    The Drewry All Earnings Index, which covers the main bulk shipping markets, fell 25% in September to stand at 115 points, according to the Shipping Insight report published by shipping consultancy Drewry. This followed a similar fall in the index’s value in August, caused by another month of declining earnings by tanker and LPG owners. […]

  • Serica Begins Tender Process for Columbus Field Development Offshore UK

    6 March 2013
    Business & Finance, Operations & Maintenance

    Serica Energy plc announces the issue of tender documents for development of the North Sea Columbus field. The Field Development Plan provides for the supply of 51.3 million cubic feet of gas per day at peak to the UK gas market and 3,600 barrels per day of condensate and natural gas liquids (NGLs) with the […]

  • Maritime Labor Convention Will Offer Protections to Maritime Workers

    17 January 2013
    Business & Finance

    In 2012, the International Labor Organization, the United Nations group dedicated to advocating for laborers around the world, announced that the Maritime Labor Convention will go into effect in August 2013 after Russia and the Philippines ratified it. Ratification of the convention required signing by at least 30 countries representing 33 percent of world shipping. […]

  • Polar Star SSFDR Naming Ceremony Held in South Korea

    8 December 2010

    On December, 3 in South Korea a solemn name-giving ceremony was held for the first semi-submersible floating drilling rig constructed within the frames of Shtokman gas-condensate field development according to the contract signed in 2007 between Gazflot LLC and Vyborg Shipyard JSC for engineering and construction of semi-submersible drilling rigs. The President of Samsung Heavy […]