10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Helge Lund could leave BG with $47.8M in his pocket

    9 April 2015
    Business & Finance

    Golden Parachute is an expression describing a contract clause given to a top executive of a company, guaranteeing a hefty payment in case the company gets taken over by another company and the executive loses his job. Helge Lund (photo), the CEO of the UK-based oil and gas firm BG Group could get just that, as his company […]

  • SeaBird Slides to Loss

    28 November 2014
    Business & Finance, Operations & Maintenance

    SeaBird, a seismic data provider for oil and gas companies, has recorded a net loss of $20.2 million for the third quarter of 2014 (Q4 2014). This compares to a net income of $4.0 million in the same period in 2013 (Q3 2013). The company generated $22.7 million in revenues, a drop of 55% versus […]

  • Envirnoment Agency Checks Flood Defences (UK)

    11 April 2014
    Business & Finance, Equipment, Technology

    Thousands of flood defences across the South East coastline have been inspected and repaired by the Environment Agency. Some of the worst hit flood assets were found along the South Coast, where flood defences were seriously put to the test. The tidal surge in December, combining high spring tides with a coastal surge, resulted in […]

  • NOC’s RAPID Project Marks 10-Year Milestone

    8 May 2014
    Business & Finance, Research & Development

    The National Oceanography Centre’s remarkable RAPID project has reached a landmark 10-years of continuous scientific measurement and knowledge advancement of a key component of the climate system. For the past decade, the RAPID project has continuously monitored the Meridional Overturning Circulation (MOC) of the Atlantic Ocean at 26.5o N. It is the part of the ocean […]

  • Crowd Energy to Build Another Generation Turbine (USA)

    6 February 2014
    Business & Finance, Equipment, Research & Development

    Crowd Energy, having completed construction and successful testing of its first generation prototype of the Ocean Energy Turbine, will launch a major Kickstarter campaign in March 2014 to construct a second generation turbine and move the project to (SNMREC) Southeast National Marine Renewable Energy Center at Florida Atlantic University for verification and open water testing. […]

  • EU Naval Force Flagship Hosts Contact Group on Piracy Off Somali Coast

    13 November 2013
    Business & Finance

    On Monday, 11 November 2013, the EU Naval Force Operation Atalanta Flagship, HNLMS Johan de Witt, has hosted the Contact Group of Piracy off the Coast of Somalia (CGPCS) during the Counter Piracy Week in the port of Djibouti. Government representatives from all over the world took the opportunity to see how the EU Naval […]

  • Fitch rates RasGas bonds at A+

    12 June 2015

    Fitch Ratings has affirmed Ras Laffan Liquefied Natural Gas Company Limited’s (RasGas) senior secured bonds at ‘A+’ with Stable Outlooks.

  • Analysis of Swanland Cargo Ship Accident Presented (UK)

    13 June 2013
    Business & Finance, Research & Development

    On 27 November 2011, the 34 year old Cook Islands-registered general cargo ship Swanland experienced a structural failure when heading directly into rough seas and gale force winds while on passage from Llanddulas, Wales to Cowes, Isle of Wight with a cargo of limestone. The vessel sank about 17 minutes later. Two of the vessel’s […]

  • Havyard to let go 100 employees

    13 August 2015

    Havyard Group ASA, a ship technology company that delivers products and services within the complete value chain from vessel design to support of vessels in operation, is cutting its workforce by around 100 employees due to market downturn in the oil industry.  The company said in a press release that “it is taking further measures to adapt […]

  • Video: USCG Airlifts Three from Bulker

    6 February 2015

    A U.S. Coast Guard helicopter crew medevaced three injured mariners from the 623-foot bulk carrier Almasi over 50 miles off Oregon, February 05, 2015. The MH-60 Jayhawk crew responded to provide medical assistance and evacuation after the crew of the Cyprus-flagged Almasi reported injuries, including chemical burns and a broken leg. The seamen were reportedly injured while while […]

  • Singapore: Jaya Hands Over State-of-the-Art AHTS Jaya Supreme

    30 November 2012

    Jaya Holdings, operators of Singapore’s leading offshore shipbuilding yard, yesterday delivered, Nov. 29,  a new state-of-the-art anchor handling tug supply vessel Jaya Supreme to Canadian buyers, Atlantic Towing Limited. A delivery ceremony at Jaya’s shipyard in Tuas was held this morning, attended by senior executives from Jaya and Atlantic Towing, their suppliers, contractors, friends and […]

  • Lifeboat helps yacht back to port

    20 August 2009

    A yacht with two crew which sparked a rescue operation in the North Sea has been safely towed to safety. Peterhead lifeboat went to the 36ft yacht Anga’s aid after losing her mast in rough seas 75 miles off the coast on Wednesday morning. The yacht was taken under tow and arrived in Peterhead about […]

  • Vroon Expands Fleet with ‘VOS Prudence’ PSV

    13 May 2013

    Vroon Offshore Services (VOS) have taken delivery of a new addition to their offshore fleet. VOS Prudence, a platform-supply (PSV) vessel, is the first of two 75-m PSV vessels built at Fujian Southeast Shipyard in China. The vessel was delivered Friday, May 10, 2013, in China and will be operated in the Mediterranean by Vroon Offshore […]

  • Infographic: Maritime Piracy in 2015

    24 September 2015

    Interested in how many piracy incidents have taken place this year? The following infographic provides you with key information on the main piracy hot spots along with key figures on pirate activity so far this year. In addition, there are also some tips on techniques used to fend off pirates, so take a look. World Maritime News Staff; […]

  • Norway: STX OSV Delivers Platform Supply Vessel to Solstad

    6 January 2012
    Business & Finance

    Solstad Offshore ASA (SOFF) has today taken delivery of “Normand Arctic” from STX OSV AS, Langsten. “Normand Arctic” is a large LNG fuelled plat­form supply vessel (PSV). The vessel will be trading in the North Sea for Statoil for a firm period of 3 months with additional 5 montly options. [mappress] Offshore Energy Today Staff, […]

  • Alam Maritim Secures $190 Mln Contract from Petronas Carigali (Malaysia)

    17 January 2013
    Business & Finance

    Malaysia’s Alam Maritim Resources Berhad has received a contract from Petronas Carigali Sdn Bhd for the provision of six vessels. The Contract which has taken effect from 1 January 2013 to 31 December 2017 is for a firm period of five (5) years. The contract is valued at approximately RM576 million (USD 190.7 million) [mappress] […]

  • Two Eimskip boxships sent to dirty scrapyards in India, investigation reveals

    25 September 2020
    Infrastructure, Safety, Vessels

    Icelandic transportation Eimskip has reportedly sold two of its containerships to dirty and dangerous scrapyards in India.

  • Shipping Ops Resume at Darwin Port, Cyclone Warning Canceled

    6 March 2017

    Shipping operations have been resumed in Port of Darwin, northern Australia, following the passing of a tropical low, GAC informed.   The tropical low was expected to develop into a tropical cyclone, affecting Darwin and Wyndham ports. On March 4, the Australian Bureau of Meteorology  (BOM) said that the cyclone warning was extended to coastal areas of […]

  • Philippines: PPA Opens Bidding Process for Zamboanga Port Dredging

    28 December 2011

    The Philippine Ports Authority​ (PPA) has opened the bidding process for the P84.48-million dredging project of the Port of Zamboanga. The port authority is also seeking tenders for the expansion of the Port of Matnog in Sorsogon. The PPA said the Port of Zamboanga project involves dredging the berthing and maneuvering areas at the wharf, […]

  • Ukraine: Zaliv Shipyard Splashes Next PSV of PX121 Design

    27 March 2013

    A solemn launching of the next shipbuilding order took place at Zaliv shipyard on March 19. The platform supply vessel Blue Protector ( project PX121, LOA -83, 40 m, beam – 18 m, Moulded depth – 8 m., launching weight of the Hull is 1 818 t.) became the thirteen in succession from the series […]

  • Oil Flows from Ithaca’s Stella Field

    17 February 2017
    Operations & Maintenance

    Ithaca Energy informed that the production from the Stella field in the UK North Sea has started. The oil export to the adjacent shuttle tanker has also began following the start-up of production. The production ramp-up phase will begin when the on-going commissioning of the gas processing and compression facilities is complete, Ithaca informed. Stella […]

  • Image of the Day: CMA CGM Matisse Sailing past Sydney Opera House

    28 August 2014

    This photo has been taken during the CMA CGM Matisse’s approach near the famous Sydney Opera House. CMA CGM Matisse is 195.6- long container ship, built by China Shipbuilding Corporation in 1999 and delivered to CMA CGM shipping company in 2007. She is currently underway to the Port of Panama.   [mappress] World Maritime News […]

  • More RTGs head for RSGT

    16 October 2009

    The Red Sea Gateway Terminal (RSGT) being developed at the Saudi Arabian port of Jeddah has taken delivery of another batch of rubber-tyred gantry cranes (RTGs). Manufactured by Shanghai Zhenhua Machinery Co in China, the eight RTGs join 12 that were delivered earlier this year. Six super-post panama cranes are already on the site, with […]

  • Rescue crews scour bay after publisher’s boat found adrift

    11 June 2006

    Rescue crews searched the Chesapeake Bay on Sunday for a prominent publisher and former diplomat whose sailboat was found empty and drifting in shallow water. Philip Merrill, 72, an experienced sailor, had taken his sailboat out alone Saturday, and he typically followed an 18-mile round trip without wearing a lifejacket, said Col. Mark Chaney, superintendent […]

  • Glenn Bourke Set To Depart

    17 December 2007

    Glenn Bourke has resigned from his position as CEO of the race. Bourke, 47, has taken the decision, a very difficult one he said, for family reasons. He has held the position since November 2002 and helped establish the Volvo as the world’s leading offshore ocean race. Bourke will relocate from England to take up […]