Search results for: booming

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A list of search results

  • 14 March 2019

    German utility RWE’s liquefied natural gas (LNG) trading volumes reached 10 million tons in 2018, as the company braces to take advantage of the market conditions. 

  • 18 April 2017
    Business & Finance

      The recent booming of the cruise industry in the Asian market has proved to be a great business opportunity for first movers such as Genting Hong Kong, Colin Au, the Group President reveals in an interview with World Maritime News. According to Cruise Lines International Association’s (CLIA) 2016 Asia Cruise Trends study, there has been a double-digit growth in Asia’s […]

  • 25 August 2016

    A steep rise in refinery capacity in the Middle East could diminish oil trade growth and with it prospects for tanker shipping, according to shipping consultancy Drewry. The global crude oil trade, which surged last year on the back of strong growth in oil demand and stocking activity, is expected to continue to expand strongly over the next […]

  • 19 August 2016
    Business & Finance, Research & Development, Storage, Technology

    The global market for HVDC converter stations is expected to grow at a CAGR of more than 24% between 2016 and 2020, spurred on by the recent rise in offshore wind installations, according to a report issued by market analysts at Technavio. Power generated from offshore wind power plants needs to be transmitted over long distances, which results in […]

  • 26 February 2016
    Business & Finance, Operations & Maintenance

    Hull-based marine consultants McAusland & Turner has formed a new venture, MCT Offshore, in response to the recent local investments by major global players in the renewables industry and the recent downturn in oil prices. The new venture will focus on both the offshore and renewables sectors providing manpower and third party assessment services. McAusland And Turner’s […]

  • 25 January 2016
    Business & Finance, Environment

    China is the only country identified as a booming market for wind capacity growth, with the United States, India and Germany carrying the label of outperformers in a report published by Navigant Research. The report, ‘Global Wind Energy Policy Update,’ examines the strengths and weaknesses of the wind policy regimes across 42 countries based on an […]

  • 28 October 2015
    Business & Finance

    Finding new talent to fill the ranks in the maritime industry is a tough job especially if the labor force you are targeting are engineers. Falling oil prices have seen an overall downturn in the oil and gas industry, as companies resorted to cost cutting measures and layoffs. However, activities in other maritime sectors are buoyant, and there […]

  • 28 October 2015
    Business & Finance

    Finding new talent to fill the ranks in the maritime industry is a tough job especially if the labor force you are targeting are engineers. Falling oil prices have seen an overall downturn in the oil and gas industry, as companies resorted to cost cutting measures and layoffs. However, activities in other maritime sectors are buoyant, and there […]

  • 23 October 2015

    As the Dutch offshore wind market is developing, domestic ports and terminals are preparing to take advantage of the booming industry. One such terminal is Holland Cargo Terminal (HCT), currently involved in one of the ongoing offshore wind projects in the Netherlands. The terminal serves as an assembly site for the components of wind turbines […]

  • 20 October 2015
    Business & Finance

    Maritime crime incidents across Southeast Asia increased by 38% in the first nine months of 2015 compared to the same period a year earlier, according to the U.K.-based maritime intelligence company, Dryad Maritime, who called upon the three nations surrounding the Singapore Strait, in particular, to provide a permanent security presence to deter criminals and protect […]

  • 20 October 2015
    Business & Finance

    Maritime crime incidents across Southeast Asia increased by 38% in the first nine months of 2015 compared to the same period a year earlier, according to the U.K.-based maritime intelligence company, Dryad Maritime, who called upon the three nations surrounding the Singapore Strait, in particular, to provide a permanent security presence to deter criminals and protect […]

  • 2 June 2015
    Business & Finance

    South Korea’s port of Busan plans to bring new facilities on-stream this year, and has announced further developments in the future to meet the growing interest in Northeast Asia as a cruise destination.  In September, the port will officially open a new cruise terminal to complement the current facility – Yeongdo Cruise Pier, opened in 2007 – […]

  • 17 March 2015
    Business & Finance

    The cruise industry in Asia is experiencing a double-digit growth with all-time-high numbers of cruise ships, passengers and ports in the region, according to the 2014 Asia Cruise Trends study commissioned by the Cruise Lines International Association (CLIA). Passenger capacity grew at a 20 percent compound annual growth rate since 2013, and is expected to reach almost 2.2 […]

  • 8 November 2013

    Terminal operator Cuxport has taken advantage of the booming offshore wind industry by becoming  a supply base for Regina Baltica, an accommodation vessel working for BARD Group over the last seven months. A variety of technicians and skilled workers were needed this year for the completion of  the BARD Offshore I wind park’s construction on […]

  • 4 November 2013
    Research & Development

    Queensland’s booming CSG to LNG industry will create twice as many jobs as previously anticipated, with around 15,000 people now expected to be employed in the industry at its peak. Energy Skills Queensland (ESQ) today released its 2013 Queensland CSG to LNG Workforce Plan, which found the demand for skilled workers had grown significantly as […]

  • 17 September 2013
    Equipment

    As reported by the Bureau of Safety and Environmental Enforcement (BSEE), offshore drilling is booming in the Gulf of Mexico. In part this is due to the development of new technologies that reduce operational costs and risks, and new reservoir discoveries with high production wells. According to BSEE, total oil production in the Gulf of […]

  • 29 May 2013

    While on official visit to France, His Excellency John Dramane Mahama, President of the Republic of Ghana, was welcomed yesterday by Thierry Pilenko, Chairman and Chief Executive of Technip, at the Group’s Headquarters in Paris. During this meeting, the Ghanaian delegation and Technip’s management discussed the booming development of the oil and gas market in […]

  • 24 May 2013

    Oil & Gas UK’s survey of the well services sector published yesterday (23 May) reveals that companies delivering drilling, completion, testing and maintenance for oil and gas wells generated gross revenue of £1.9 billion ($3.05 billion) in 2012, the highest since records began in 1996. In line with increasing oil and gas activity on the […]

  • 13 November 2012
    Business & Finance

    Damen Shipyards Group and Wilson Sons (Brazil) have signed a contract for ten Damen ASD Tugs 2411 and two ASD Tugs of the new 3212-type, destined for the booming Brazilian market. The vessels will be built at the Wilson Sons shipyard in Guarujá, São Paulo and will go into service for Wilson Sons subsidiary Saveiros […]

  • 20 September 2011

    In a year when commodity carriers, oil tankers and container ships have lost money on … (bloomberg) [mappress] Source: bloomberg, September 20, 2011

  • 29 July 2011
    Business & Finance

    Right now the installation activities for Walney 2 are booming. Crane barges, jack-up vessels and tugs are working out of ports in the East Irish Sea area, primarily out of the ports of Barrow and Mostyn. On 39 of the 51 monopile positions, a transition piece has already been installed, and the last batch of […]

  • 16 December 2010
    Project & Tenders

    QGC, a leading Australian coal seam gas explorer and producer, has signed a contract with a consortium of GE and Laing O’Rourke for the construction of a water treatment plant in southwest Queensland that will support the region’s rapidly growing coal seam gas industry. Coal seam gas is a form of natural gas trapped in […]

  • 18 May 2010

    As heavily indebted Greece slumps into a prolonged economic crisis, shipping industry players like Michael Bodouroglou are setting their course for Asian markets in the hunt for profits. “I would say it’s business better than usual. That’s primarily due to China. China has been importing raw materials big time,” Bodouroglou, chief executive at New York […]

  • 16 February 2010

    Leading global yacht chartering companies believe the Middle East has a strong potential to become a preferred luxury yacht chartering hub, thanks to expansion of the region’s superstructure, particularly marinas, and a growing vessel support network.

  • 25 August 2009

    The volume of sand exported to Singapore from Vietnam’s Mekong Delta in the first half of 2009 was equivalent to the total exports of the last ten years. Ironically, most of it is shipped under falsely backdated contracts… More: VietNamNet