Search results for: Surviving

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A list of search results

  • 5 September 2016
    Business & Finance

    The impending bankruptcy of Korea’s container carrier Hanjin Shipping should serve as a warning that carriers do have breaking points and that they will not always be rescued, shipping consultancy Drewry said. In 2009 when the container industry posted operating losses of nearly USD 20 billion and many lines were said to be minutes from bankruptcy, […]

  • 29 February 2016
    Business & Finance

    The future of Oslo-listed bulker owner Bulk Invest ASA is highly uncertain, the company said in its financial report for the fourth quarter of 2015. Namely, if a solution is not found with the key creditors within a few weeks, Bulk Invest will not be able to survive under the present market conditions. “In case […]

  • 4 August 2006

    Fishermen on board a Sea Harvest deep sea trawler escaped unscathed when their vessel collided with a giant ore carrier about 64km off Saldanha on Wednesday night. The 1 500-horsepower 46m Sea Harvest Tamara had 24 crew members onboard when the collision with the Anangel Splendour occurred at 10.30pm. The crew members were all rescued […]

  • 8 August 2014

    The Australian Shipowners Association (ASA) supports Premier Jay Weatherill’s call for a coordinated and constructive approach to be developed between the states and key industry associations to ensure major defence projects are not tendered overseas.   Teresa Lloyd, Executive Director of the Australian Shipowners Association, said: “It is important to add that fostering a local […]

  • 27 November 2007

    A Belfast man rescued from a sinking liner in the Antarctic has said he is lucky to be alive. Raymond King, 67, was one of 154 people on board the M/S Explorer when it struck an iceberg last Friday.

  • 12 March 2015
    Technology

    Since the 7th of August 2014 E35 has successfully completed six months of continuous deployment in Sanda Sound. The trials have demonstrated Evopod’s low motions and survivability characteristics in the moderately fast flowing (4 to 5 knots) tidal site, which in the winter months is also exposed to a harsh wave environment from the Atlantic […]

  • 5 October 2017
    Business & Finance

    Germany’s shipping trust Marenave Schiffahrts AG is not backing down from its fight for survival despite various hurdles that came its way over the recent period. Marenave said it is preparing an alternative future and capital increase concept, which will be presented to the company’s shareholders at the upcoming annual general meeting. “This concept has relevance not […]

  • 1 November 2016
    Business & Finance

    The latest merger of liner shipping businesses, revealed by Japan’s Big Three shipping companies yesterday, is further evidence of survival mergers and acquisitions sweeping the industry, according to shipping consultancy Drewry. Namely, the agreement between Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL), and Nippon Yusen Kabushiki Kaisha (NYK Line), subject to resolution by the […]

  • 30 July 2018

    Only container shipping companies with the biggest fleets and most efficient vessels to turn a profit this year.

  • 28 August 2007

    Salvage operations on the New Flame cargo vessel continued suspended this morning as Gibraltar woke up after its last day at the fair. The operations were suspended after severe sea conditions affected the area, with high swells and winds in the region, especially Europa Point.

  • 23 February 2016
    Business & Finance, Research & Development, Technology

    Flemish wave energy developer Laminaria has joined forces with the European Marine Energy Centre (EMEC), Innosea, Ghent University, and TTI Testing to support the development of its wave energy converter (WEC). The main focus of the project is to prove the survivability of the Laminaria WEC, which incorporates an innovative storm protection system, at pre-commercial […]

  • 16 July 2014
    Business & Finance, Equipment

    AIS has opened a brand new £2.5m state-of-the-art offshore survival training centre on North Tyneside. The new 20,000 sq ft centre is located beside existing 120,000 sq ft training village in North Shields, comprising of 11 bespoke centres. Approved by industry bodies including OPITO (Offshore Petroleum Industry Training Organisation), the Global Wind Organisation and STCW […]

  • 16 July 2014
    Business & Finance, Research & Development

    AIS’s brand new £2.5m state-of-the-art offshore survival training centre has opened its doors for business on North Tyneside. The new 20,000 sq ft centre is located beside AIS existing world-class 120,000 sq ft training village in North Shields, comprising of 11 bespoke centres. Approved by industry bodies including OPITO (Offshore Petroleum Industry Training Organisation), the […]

  • 11 November 2006

    Looking around Shakir Guseinov’s deadly quiet fish-meal factory, it is easy to understand why he is longing for the good old days. The rusty machines in this formerly round-the-clock factory are only kicked into action once a week, and it does not even produce enough fish meal to cover the cavernous warehouse’s floor space.

  • 5 May 2014
    Business & Finance, Equipment

    Cobham Life Support has introduced Survivor+™, a new class of maritime safety system, at OTC 2014 (Booth #6713). Survivor+ Personal Overboard Survival System incorporates both a SOLAS-approved inflatable life jacket and a tethered personal life raft into a single compact vest. Survivor+ is designed to significantly improve the chances of survival in man overboard situations, […]

  • 3 April 2014
    Business & Finance

    Austal Limited has been awarded an engineering services contract to support survivability testing on the U.S. Navy’s Independence-variant Littoral Combat Ship. The U.S. Navy awarded Austal USA a USD 6,7 million contract modification for the fabrication and assembly of a live fire test module. The contract is in support of the U.S. Navy’s Independence-variant LCS […]

  • 22 July 2011

    Warsash Maritime Academy (WMA) a part of Southampton Solent University’s Faculty of Maritime fit Technology provides first class training, consultancy and research to the international shipping and offshore industries. Over the years, WMA has been successfully providing OPITO approved Basic Offshore Safety Induction fit Emergency Training (BOSIET), Further Offshore Emergency Training (FOET) and Helicopter Underwater […]

  • 18 November 2013
    Business & Finance, Equipment

    Subsea applications pose special challenges for reliable LVDT operation. Due to the presence of chemically hostile seawater that attacks common metals, linear position sensors constructed of stainless steel can become quickly corroded and pitted. Temperature, salt level and micro-organisms in seawater also can accelerate corrosion rates, leading to premature sensor failure. To survive subsea environments, […]

  • 18 October 2013

    The Persian/Arabian Gulf is the hottest sea on the planet and yet it contains thriving coral reef ecosystems. The majority of coral reef ecosystems are found in thermally stable waters experiencing annual sea surface temperatures (SSTs) differing by less than 6oC from summer to winter. Even coral communities at extreme latitudes such as those in […]

  • 18 May 2012
    Business & Finance

    Ocean Safety’s Aberdeen depot is now fully operational, just one month after it opened, to service the growing demand for safety equipment from the expanding offshore renewables market. The Branch is now certified to service a range of professional survival products, manufactured and distributed by Ocean Safety, including the Jasons Cradle, Dacon Frames and Jonbuoy […]

  • 20 February 2012
    Business & Finance

    Survival Craft Inspectorate, a global provider of emergency marine evacuation systems, has acquired an industry-leading innovation widely used in the cruise ship industry and announced plans to open two new offices in North America. The energy sector specialist expects these latest developments to add £10m (US$ 15.8m) to its turnover in the next three years. […]

  • 10 January 2013

    Unified Command, established in response to the Kulluk towing incident that occurred off Alaska twoo weeks ago, has announced that assessment of the Kulluk drilling vessel in Kiliuda Bay continues, with inspection-class remotely operated vehicles (ROVs) being utilized to assess the hull. “There continues to be no sign of leakage from the Kulluk,” said the […]