10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • BC Ferries Welcomes Third LNG-Fueled Salish Ship

    8 June 2017
    Business & Finance

    Canadian ferry owner and operator BC Ferries informed that Salish Raven, the newest of three LNG-powered Salish Class vessels, arrived in British Columbia on June 7. The newbuilding took 41 days to travel 10,440 nautical miles from Remontowa Shipbuilding in Gdansk, Poland. “We are proud to welcome Salish Raven, our third natural gas-fuelled ship, home to […]

  • Moody’s downgrades Japanese oil and gas giants. Outlook negative

    3 March 2016

    Moody’s credit rating agency has downgraded Japanese oil and gas exploration and production companies Inpex and Japex, citing continuing low oil prices and the effect they may have on the firms’ profitability. Moody’s is not optimistic about the future either, saying that the rating outlook for the two Japanese oil and gas giants is negative. […]

  • Denmark awards offshore blocks to 12 oil firms

    7 April 2016

    Denmark on Wednesday awarded sixteen new offshore licenses to twelve oil and gas exploration companies. According to the Danish Energy Agency, the companies now have six years to make new discoveries that can increase the Danish oil and gas production, and thus boost proceeds to Danish economy. This period can be extended to 30 years, […]

  • 34th Anniversary of Norway’s biggest offshore disaster

    27 March 2014

    Norway’s biggest offshore disaster occurred just before 18.30 on 27 March 1980. The Alexander L Kielland flotel capsized and sank by the Edda platform on the Ekofisk field in the North Sea, with the loss of 123 lives. Eighty-nine people survived.

  • BIMCO: China’s Scrapping of Younger Ships May Increase Newbuilds

    20 December 2015

    International dry bulk shipowners seem only to scrap ships aged eighteen years or older, while some Chinese owners have scrapped ships that were even younger than that, according to the Baltic and International Maritime Council (BIMCO). Nineteen ships out of 28 ships built in 1998 to 1999 and demolished between 2013 and 2015 highlight the effect of the […]

  • New Managing Director for Damen Shiprepair Brest (FR)

    29 June 2012
    Business & Finance

    As of mid July 2012, Mr Jos Goris will actively take up the post of managing director for Damen Shiprepair Brest (DSB). Mr Goris succeeds Mr André Hollander, who managed the yard (formerly known as Sobrena) from the moment Damen Shipyards Group took over its operations three months ago. He will remain at DSB as […]

  • WSC urges EU to work with industry on shipping’s net-zero journey

    18 April 2024
    Authorities & Government, Collaboration, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    The World Shipping Council (WSC), the united voice of liner shipping, has called on the European Union to design policy frameworks that facilitate the essential role of shipping in a globally connected economy and to forge the path to net-zero shipping by 2050 in partnership with industry.

  • Raritan Bay Cleanup: NL Industries Files Suit (USA)

    9 June 2013
    Business & Finance

    NL Industries has filed suit in Federal Court to ensure that all “polluters” pay their fair share of the cleanup costs at the Raritan Bay Slag Superfund Site (RBS Site), including those public entities that bear the lion’s share of responsibility: Old Bridge Township, the State of New Jersey, and the United States Army Corps […]

  • Exceptional Year for Van Oord

    16 March 2015
    Business & Finance, Equipment, Technology, Vessels

    The year 2014 was exceptional in many ways, Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, announced today. From a financial perspective, Van Oord achieved a record turnover of EUR 2.104 billion (2013: EUR 1.641 billion). It is the first time in the company’s history that its turnover has exceeded EUR […]

  • Australia: 2012 SCIBS to Host More Than 60 Launches

    19 March 2012
    Business & Finance

    The 2012 Sanctuary Cove International Boat Show (24-27 May) will be the venue for more than 60 international and Australian launches, demonstrating the innovative and vigorous state of the Australian leisure marine industry as well as the importance of the SCIBS to manufacturers worldwide. Alongside the boats and equipment a mass of activities, displays and […]

  • Oil stumbles as Trump stuns markets with White House win

    9 November 2016

    Oil prices tumbled on Wednesday as Donald Trump stunned the world by winning the U.S. presidential election, throwing global markets into turmoil in a result reminiscent of June’s Brexit vote.

  • Oil prices stabilise after U.S. stock draw, but China outlook drags

    13 August 2015

    Oil prices stabilised on Thursday, supported by lower U.S. stockpiles and a firm demand outlook, but worries over China’s economy continued to weigh.

  • UK cancels DECC, appoints new Secretary of State for Energy

    15 July 2016
    Authorities & Government, Business & Finance, Environment

    The UK government has appointed Greg Clark as a new Secretary of State for Energy who will lead the new department that will bring together responsibilities for business, industrial strategy, science, innovation and energy.

  • Israel: GeoGlobal Resources Fails to Meet Myra/Sarah Deadline?

    8 December 2011
    Business & Finance

    Canada’s GeoGlobal Resources Inc. is facing disputes over its stakes in Israeli offshore gas exploration licenses.  On Tuesday, Myra and Sarah license holders Modiin Energy LP and Israel Land Development Company Energy Ltd. announced that GGR had not transferred the money by the deadline for the acquisition of an additional 5% of rights in the […]

  • ICIS: Asian LNG prices bounce back above European

    19 March 2015

    Competition from Brazil and the expected call on flexible volumes from a wave of new floating import terminals triggered a partial recovery in Asian spot prices in early March.

  • Norway: Offshore Wind Makes Positive Contribution to Statkraft’s Q2 Results

    15 August 2013
    Business & Finance

    In the second quarter of 2013, Statkraft achieved an underlying1 operating profit before depreciation (EBITDA) of NOK 2555 million, an improvement of NOK 190 million compared with the corresponding quarter in 2012. Unrealised currency effects resulted in a net loss of NOK 908 million, compared with a net profit of NOK 2443 million in the […]

  • Hydrex Provides Underwater Repairs on Vessel in U.A.E.

    5 December 2011
    Business & Finance, Operations & Maintenance

    When the shell plating of a 300-meter bulker was indented over a length of 150 meters after a grounding in the Suez Canal, a large crack 1.5 meters long appeared, making it impossible for the vessel to sail any further. To close off the crack and allow the vessel to continue its route, Hydrex sent […]

  • UK’s Clean Energy Sector Rebounded Last Year to USD 9.4 Billion

    13 April 2012
    Business & Finance

    After a sharp falloff in 2010, investments in the United Kingdom’s clean energy sector rebounded last year to $9.4 billion, 35 percent higher than last year and the seventh highest among G-20 nations, according to new research by The Pew Charitable Trusts. The growth was driven in part by a 10-fold increase in solar energy […]

  • EU Has Capacity to Break Its Ships, New Report Shows

    24 September 2018
    Rules & Regulation

    The EU-approved demolition yards will have enough capacity to handle demand from EU-flagged ships.

  • NGOs call on Greece, Bangladesh to stop unlawful beaching of ferry

    26 August 2021
    Environment, Regulation & Policy, Rules & Regulation, Vessels

    Greece and Bangladesh have been urged by NGOs to stop the “illegal” beaching of a ferry containing asbestos and other toxic materials.

  • Groups Urge Congress to Adopt Obama’s Proposal to Fund Louisiana Wetlands Restoration

    20 July 2010

    Conservation groups today urged the U.S. House Appropriations Committee to pass President Obama’s budget proposal to begin funding Coastal Louisiana restoration projects when it marks up the spending bill for the U.S. Army Corps of Engineers and other public agencies for Fiscal Year 2011. Last week, the House Energy & Water Development Appropriations Subcommittee did […]

  • Offshore workers lifted to safety in North Sea rig blaze

    18 March 2006

    Some 128 workers have been evacuated from the Shell-operated North Sea Tern Alpha oil platform after an electrical fire. The fire, said to have broken out in a gas generator at about 12:50 am Thursday, was brought under control shortly before 5 am.

  • Man tells of Arctic injury ordeal

    3 September 2007

    A Derbyshire man who was seriously injured when a glacier fell onto a sightseeing ship in the Arctic has spoken of his ordeal. David Bishop from Ambergate was left with a punctured lung and 10 broken bones as a wall of water, caused by ice falling from a glacier, hit the boat.

  • Beaufort Capital Takes Over Nordseewerke

    9 September 2015
    Business & Finance

    Beaufort Capital, a private equity firm from Hamburg, has acquired Nordseewerke GmbH. The announcement was made a day after Emden-based offshore wind supplier entered the insolvency procedure. According to the buyer, the company will be rebranded to Nordseewerke Emden Shipyard and will work closely together with Emden Dockyard EWD. The new company has already taken […]

  • Hydro Group Appoints Japanese Distributor

    8 April 2019
    Equipment, Project & Tenders

    Hydro Group has established a new partnership with Japanese electrical and optical products company Riken Dengu Seizo, who will become its official distributor in Japan. The Tokyo-headquartered firm will be the official distributor and business partner for Hydro Group’s subsea connectivity product range, including subsea electrical/optical cables and connection assemblies. Heather Andrade, head of Sales […]