Search results for: Q2 of 2016

236533 results

A list of search results

  • 16 December 2015

    As Capesize asset values hit their 16-year lows amid weak dry bulk fundamentals and partly driven by very weak sentiment over the near-term future for vessel earnings, the first quarter of 2016 is expected to be characterized by a seasonal lull keeping earnings down. However, freight rates are expected to recover in Capesize and Supramax  sectors in […]

  • 4 May 2017
    Business & Finance

    Siemens reported a strong order growth in nearly all industrial businesses in the second quarter of the fiscal year 2017, with the strongest contributions from Wind Power and Renewables and Energy Management, both with large contract wins, the company said.

  • 11 November 2014

    Alfa Laval PureSOx systems will soon be installed aboard two LPG carriers build by Hanjin Heavy for Belgian company Exmar.

  • 16 May 2016
    Business & Finance, Project & Tenders

    Transport Minister, Andrew Jones MP, visited the Port of Liverpool today to view the latest developments at Liverpool2 as the terminal approaches its opening. The minister, who has responsibility for the strategic roads network and ports, received a tour of the site during a visit to the city. Mr Jones said: “The container shipping industry […]

  • 3 May 2016
    Business & Finance, Equipment, Technology

    The first six cantilever rail-mounted gantry (CRMG) cranes arrived in the River Mersey on Sunday, 1 May, ready for installing and commissioning at the Liverpool2 deep-water container terminal. Produced by leading Chinese manufacturer ZPMC, which also supplied the five ship-to-shore cranes already on site, these six are the first of 12 required for phase 1 […]

  • 4 April 2016
    Operations & Maintenance, Project & Tenders

    Bibby Offshore has secured a contract with a North Sea operator, to deliver decommissioning operations in the Northern North Sea East Shetland Basin. The company will utilize one of its construction support vessels for the project, due to start in Q2 of 2016 and be completed by the end of 2016. Bibby Offshore will carry out remedial rock […]

  • 10 April 2016

    Subsea World News has put together a recap of the most interesting articles from the previous week (April 04 – April 10). FMC Technologies is taking legal action against its four former Norwegian employees and their company Optime Subsea Services, established in alliance with subsea installation player DeepOcean last year. Reportedly FMC claims that Optime’s […]

  • 8 April 2014
    Business & Finance

    Golden Energy Offshore has entered into a shipbuilding contract with NANTONG RAINBOW OFFSHORE & ENGINEERING EQUIPMENTS CO.,LTD (ROC) in China for the construction of two PX121H Platform Supply Vessels (PSVs) from ULSTEIN, with the option to build two more vessels of the same design. The two confirmed vessels are due for delivery from yard in […]

  • 3 March 2016
    Business & Finance

    Danish-based container shipping company Maersk Line is launching a new service, operated by its subsidiary Seago Line, connecting Dublin, Liverpool and Algeciras as the company aims to boost its existing network.  With the new service, Maersk will provide a direct service between the British Isles and Spanish Algeciras that will connect the whole of Mediterranean and […]

  • 8 September 2014
    Business & Finance

    Gulf Drilling International Ltd. (GDI), a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, officially signed four new contracts and four contract extensions with Qatar Petroleum (QP) for the provision of drilling rig services, each having a term of five years. The new contracts have been concluded for the provision […]

  • 8 April 2014

    Norway’s Golden Energy Offshore has placed an order for two new platform supply vessels of Ulstein’s PX121H design. Golden Energy Offshore has entered into a shipbuilding contract with NANTONG RAINBOW OFFSHORE & ENGINEERING EQUIPMENTS CO.,LTD (ROC) in China for the construction of two PX121H Platform Supply Vessels (PSVs) from ULSTEIN, with the option to build […]

  • 15 July 2016
    Business & Finance, Environment, Technology

    Clean energy investment in the second quarter of 2016 totaled $61.5 billion, some 12% above the first-quarter 2016 figure but 32% below a very strong outturn of $90 billion in the equivalent period of 2015.

  • 23 July 2015

    Polish LNG terminal at Swinoujscie is expected to start up in the second quarter of 2016, country’s treasury minister Andrzej Czerwinski said.

  • 9 August 2016
    Business & Finance

    Miami-based cruise liner Norwegian Cruise Line Holdings Ltd. (NCLH) reported its net income for the second quarter of 2016 at USD 145.2 million, compared to a net income of USD 158.5 million seen in the second quarter of 2015. The company’s quarterly revenue increased by 9.3% from USD 1.08 billion to USD 1.18 billion in the respective periods. During […]

  • 23 July 2015

    Polish LNG terminal at Swinoujscie is expected to start up in the second quarter of 2016, country’s treasury minister Andrzej Czerwinski said.

  • 16 August 2017
    Business & Finance, Operations & Maintenance

    Offshore marine contractor Maersk Supply Service (MSS) has recorded a loss of USD 10 million in the second quarter of 2017 against loss of USD 106 million in the prior year comparable period. The underlying loss was USD 11 million, versus loss of USD 8 million for the Q2 2016. The result for Q2 2016 […]

  • 5 July 2017

    Polarcus, a Dubai-based seismic contractor, has recorded a drop in its vessel utilization during the second quarter of 2017. Quarterly vessel utilization declined to 75 percent from 91 percent in the second quarter of 2016. “The low utilization of 75 percent in Q2 2017 was guided during the quarter and was driven by yard stays […]

  • 22 July 2014
    Business & Finance, Project & Tenders

    The Board of Directors of COSCO Corporation (Singapore) Limited has announced that shipyards, which are subsidiaries of the Company’s 51% owned subsidiary COSCO Shipyard Group Ltd, have secured contracts valued at approximately $300 million to build one accommodation barge and seven bulk carriers. COSCO (Zhoushan) Shipyard Co., Ltd secured contracts from a European company to build […]

  • 27 August 2015
    Business & Finance, Exploration & Production

    Seadrill, one of the world’s largest offshore drilling contractors, on Thursday reported its second quarter 2015 net income was $423 million. Net income fell when compared to $653 million earned in the second quarter of last year. Revenue was $1.15 billion in 2Q 2015, vs $1.22 billion in 2Q 2014. As there is a lack of […]

  • 4 August 2016
    Business & Finance, Operations & Maintenance

    Geophysical contractor TGS has posted second-quarter 2016 net profit of $16.8 million, compared to net profit of $24.5 million in the same period in 2015. This comes down to quarterly earnings per share (fully diluted) of $0.17, down from $0.24 in Q2 2015. For the first six months ended June 30, 2016, TGS recognized net […]

  • 15 October 2013

    NDM is announces that they have signed new contracts with VARD Group for supply of deck machinery for two (2) Pipe Lay Support Vessels (PLSVs) of VARD 3 16 design. The vesselse will be built by VARD Promar in Brasil and delivered to DOF/Technip in Q4 2016 (EP09) and Q2 2017 (EP10). For these vessels […]

  • 15 October 2013
    Business & Finance, Equipment

    NDM announces that they have signed new contracts with VARD Group for supply of deck machinery for two (2) Pipe Lay Support Vessels (PLSVs) of VARD 3 16 design. The vessels will be built by VARD Promar in Brasil and delivered to DOF/Technip in Q4 2016 (EP09) and Q2 2017 (EP10). NDM will supply the […]