Search results for: advance

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  • 19 June 2013

    Currently most of the licences for offshore wind farm development zones are granted with a lease period of 20 to 25 years. As a consequence the turbines have to be built to last for at least that period. There are several elements that can affect the life span of a turbine once it is installed […]

  • 10 October 2012
    Business & Finance

      The Saba Bank, in the north-eastern Caribbean area of the Kingdom of the Netherlands, was formally designated as a Particularly Sensitive Sea Area (PSSA) by the Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO), when it met for its 64th session from 1 to 5 October 2012, at IMO Headquarters in […]

  • 13 August 2013
    Business & Finance

    Nearly 190 exhibiting companies from 21 countries – Australia, Austria, Belgium, Canada, China, Cyprus, Denmark, Estonia, France, Germany, Iran, Italy, Japan, The Netherlands, New Zealand, Norway, Russia, Singapore, South Korea, UK, and USA – will be gathering in Shanghai on 3-5 September 2013 for the inaugural Oceanology International 2013 exhibition and conference being staged at […]

  • 1 October 2012

    A few months ago Spanish energy giant Iberdrola was crowned the world’s largest wind energy developer with an operating portfolio of more than 14,000MW. The promotion of offshore wind energy is a key platform for Iberdrola’s future growth plans. Iberdrola’s Offshore Business Division, based in Scotland with offices in London, Berlin and Paris, is busy […]

  • 8 June 2015
    Business & Finance

    The Migrant Offshore Aid Station (MOAS) was born from one family’s need to reach out to people in distress and make a difference. Christopher and Regina Catrambone of Malta were on a yachting holiday visiting Italy’s island of Lampedusa when they spotted a winter jacket floating in the water. When they asked the yacht’s captain, who […]

  • 10 November 2011
    Business & Finance, Operations & Maintenance

    Odyssey Marine Exploration​, Inc. , a pioneer in the field of deep-ocean exploration, reported results for the third quarter ended September 30, 2011. For the third quarter of 2011, Odyssey reported revenue of $5.9 million, compared to $9.8 million in the third quarter of 2010 and operating expenses of $9.9 million in the third quarter […]

  • 26 October 2015

    A turnover of € 2.104 billion in 2014, an increase of 28 per cent compared to 2013 and the first time exceeding € 2 billion, a net profit of € 119 million in 2014 and a record-breaking order book of € 3.222 billion, an increase of 66 per cent compared to 2013. Just some key […]

  • 15 September 2014
    Business & Finance

    As more and more cargo arrives to one of Europe’s leading ports, the Port of Hamburg, the port authorities have recorded an above average growth compared to their neigbouring competitors, especially in the container traffic. 6.6 % growth seaborne cargo handling in 1H Various factors have contributed to the growth, including considerable investment projects aimed at streamlining […]

  • 14 April 2014

    If Scotland chooses to go it alone, it will have a huge and lasting impact on all of us, the Minister said.

  • 15 February 2012

    For the past few years, a healthy competition has been going on to build the most innovative and eco-friendly inland waterway ship. Recently, motor tanker Amulet won a Ship of the Year award for its reduced fuel consumption. This issue’s Argonon is sure to be on the shortlist for next year’s award. Where motor tanker […]

  • 23 August 2013
    Business & Finance

    Stolt-Nielsen Limited announced yesterday that a heads of agreement (HOA) has been entered into with Frontline 2012 Ltd. whereby Frontline 2012 will become a shareholder in Avance Gas Holding Ltd (AGHL) along with Stolt-Nielsen Gas Ltd. and Sungas Holdings Ltd. Following the expected transaction, the three owners will exercise equal control over AGHL. The transaction […]

  • 9 September 2013
    Business & Finance

    Global maritime security services provider the AdvanFort Company today praised new accreditation criteria for Private Maritime Security Companies (PMSCs) working on German-flagged vessels that raise required standards but are also professionally flexible. “Key to this process is that the Federal Office of Economics and Export Control (BAFA) does not require a set of documents that […]

  • 27 June 2012
    Business & Finance

    Stolt-Nielsen Limited announced today that Avance Gas Holding Ltd. (AGHL), a joint venture between Sungas Holdings Ltd. and Stolt-Nielsen Gas Ltd. has reached an agreement with Transpetrol Shipping Ltd. (Transpetrol) whereby Transpetrol will sell its two very large gas carriers (VLGC) to AGHL in return for cash and 33 1/3 equity ownership of AGHL. Post […]

  • 1 August 2013
    Business & Finance

    Maritime security leader the AdvanFort Company announced on Wednesday that it has volunteered for service in the piracy-infested waters in and around the Gulf of Aden and Indian Ocean as part of the U.S. Coast Guard-coordinated Automated Mutual Assistance Vessel Rescue System (Amver), whose members assist any nearby vessel in distress. The AdvanFort fleet, which […]

  • 4 September 2012

    Hornbeck Offshore Services, Inc. announced today that it has expanded its OSV Newbuild Program #5 and has commenced a new 200 Class OSV Retrofit Program, among other recent developments. Expansion of OSV Newbuild Program #5: The Company has exercised the first four of its 48 options to build additional HOSMAX vessels at an aggregate incremental […]

  • 5 October 2015

    Offshore Energy Today has interviewed Mr. Ian Penman, Senior Global Technical Advisor with Halliburton’s Completion Tools. He has over 25 years experience in completions globally in Operations, Business Development and Technology roles, for HPHT applications. We discussed HPHT and uHPHT developments and the UK’s tax allowance for HPHT areas. We also touched upon the current technology challenges in […]

  • 16 August 2013

    On Saturday 4 May 2013, MV Alice, built for Erik Thun A.B., was successfully launched at the Westerbroek yard of Ferus Smit in the Netherlands. The ship is named after Alice Källsson, wife of Helge Källsson who founded the Thun Shipping Company 75 years ago. Ann-Christin Backstrom, wife of Governor Lars Backstrom of the Swedish […]

  • 8 June 2012

    Stolt-Nielsen Limited announced that Avance Gas, a company owned equally by Sungas Holdings and Stolt-Nielsen Gas, has agreed to acquire two VLGCs-Maran Gas Knossos and Maran Gas Vergina-from Maran Gas Maritime Inc. The ships are expected to join Avance Gas Limited’s fleet by the end of August 2012, increasing the size of the fleet to […]

  • 25 July 2011
    Storage announces that a new market research report is available in its catalogue  HVDC and HVAC Submarine Power Cables: Supply Constraints, Demand Drivers, Technology Issues, Prominent Projects, Key Industry Players, and Global Market Forecasts The high-voltage submarine cable market is, by all definitions, a niche market with few purchasers and even fewer manufacturers and installers. […]

  • 4 September 2012
    Business & Finance

    Hornbeck Offshore Services, Inc. announced today that it has expanded its OSV Newbuild Program #5 and has commenced a new 200 Class OSV Retrofit Program, among other recent developments. Expansion of OSV Newbuild Program #5: The Company has exercised the first four of its 48 options to build additional HOSMAX vessels at an aggregate incremental […]

  • 2 May 2011

      The Company is pleased to advise that the proposed share Placement Agreement (Placement Agreement) and Process Deed (Process Deed) and all other Transaction Documents with China Huanqiu Contracting & Engineering Corporation (HQCEC) are all materially completed and are expected to be executed in early May 2011. HQCEC is a wholly owned subsidiary of China […]

  • 26 June 2018
    Rules & Regulation

    WMN interviews Administrator of the Panama Canal, Jorge Quijano, anent 2nd anniversary of the canal’s expansion.