Search results for: costs

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A list of search results

  • 26 February 2015
    Business & Finance, Technology

    RenewableUK commented today on the release of Offshore Renewable Energy (ORE) Catapult’s ‘Cost Reduction Monitoring Framework’ on behalf of the Offshore Wind Industry Council. This is the most substantial and comprehensive look at what progress is being made in reducing offshore wind costs. A backward look at how costs have fallen between 2011 and 2014, the […]

  • 25 May 2015

    With an average cost overrun of 20 per cent, offshore wind parks perform well in comparison to other large-infrastructure projects. The average large-infrastructure project in Germany is 73 per cent more expensive than planned. This was one of the key findings of a study by the Hertie School of Governance, under the leadership of Genia […]

  • 25 May 2015

    With an average cost overrun of 20 per cent, offshore wind parks perform well in comparison to other large-infrastructure projects. The average large-infrastructure project in Germany is 73 per cent more expensive than planned. This was one of the key findings of a study by the Hertie School of Governance, under the leadership of Genia […]

  • 8 June 2020
    Business & Finance

    PGS said it will implement further cost reductions as seismic industry takes major hit on Covid-19 and oil market disruption. Specifically, this includes staff reductions, re-organization, consolidation of offices, re-negotiation of service agreements and other cost measures. This should also bring annual gross cash cost run-rate to approximately $400 million, from initial $600 million, PGS […]

  • 26 October 2017
    Authorities & Government

    The UK Department for Business, Energy & Industrial Strategy (BEIS) has published an independent review of energy costs, looking into reducing costs in the electricity supply chain.

  • 26 October 2017
    Authorities & Government

    The UK Department for Business, Energy & Industrial Strategy (BEIS) has published an independent review of energy costs, looking into reducing costs in the electricity supply chain.

  • 30 March 2017

    Deepwater oil and gas industry, generally considered an expensive investment, has managed to cut its costs to a certain level, allowing its most attractive deepwater projects to now compete with US tight oil plays, Wood Mackenzie said. However, more cuts are needed to drive the deepwater breakevens further down. The consultancy group has said that a leaner […]

  • 21 November 2017
    Business & Finance

    The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but shipowners should prepare for higher costs led by a spike in insurance premiums, shipping consultancy Drewry said. After two years of marked decline, average vessel operating costs stabilised in 2017 as pressure on owners was lifted by a […]

  • 3 December 2012
    Business & Finance

    EPA has reached a settlement with two related companies for reimbursement of EPA’s past costs for the remediation of contamination at the Whitman Cistern Site, located in Whitman, Mass. The settlement, recently lodged in U.S. District Court, requires Brown Shoe Co. Inc. and Brown Group Retail, Inc. to pay $450,000. The Site is an undeveloped […]

  • 16 January 2011

    Shipbuilding is characterized by the specific features of the unit production, high complexity and long project duration as well as global competition. Therefore, the shipbuilding process requires special cost management procedures. Against this background the authors demonstrate how effective cost management methods and processes strengthen and ensure a manufacturer’s competitiveness in the maritime industry. A […]

  • 28 May 2008

    Oil-fired transportation cost may put brakes on long-distance trade May 28, 2008 04:30 AM Julian Beltrame THE CANADIAN PRESS OTTAWA–The high price of energy is undercutting the advantages of globalization by raising transportation costs so much that they could force businesses to look closer to home, says a CIBC World Markets report. “Globalization is reversible,” […]

  • 8 March 2011

    Constellation Energy says requiring utilities to buy offshore wind power will cost customers billions at the expense of more cost-effective…   (fredericknewspost) [mappress]   Source: fredericknewspost , March 08, 2011    

  • 12 September 2014
    Business & Finance

    Inview of the prospects on the freight market and anticipated future fuel prices, Stena Bulk is focusing even more on maximising the relationship between freight and bunker fuel. The fleet will continue to operate at low speed in the foreseeable future and great importance is attached to the development and adaptation of technology. As a result […]

  • 20 October 2016
    Business & Finance

    Total annual operating costs in the shipping industry fell by an average of 2.4% in 2015, compared with the 0.8% average fall in costs recorded for 2014, representing the fourth successive year that the operating costs were in decline, according to shipping consultant Moore Stephens. All categories of expenditure were down for the previous 12-month […]

  • 21 August 2014

    The global cost of piracy, including the cost of piracy off eastern Africa, remains uncertain, with existing assessments providing divergent estimates and conclusions. Studies carried out by RAND Institute and the IMB have estimated piracy costs to range between US$1 and US$16 billion per year, according to the latest UNCTAD report on maritime piracy. The […]

  • 20 March 2018
    Business & Finance, Human Capital

    Vattenfall is planning to terminate approximately 1,500 full-time positions in the next phase of the previously announced cost-saving program.

  • 5 September 2017
    Business & Finance

    Ship manning costs are set to remain suppressed despite a recovery in cargo shipping markets, as shipowners and operators continue their financial struggles while officer shortfall recedes, shipping consultancy Drewry said. The lack of confidence in the industry has seen wage increases almost at a standstill since 2009, and over the past year average officer rates have […]

  • 5 December 2014
    Business & Finance

    Norwegian ferry operator Fjord Line has implemented a program for strengthening the company’s financial position through raising of NOK 110 million (USD 15.4m)  in fresh capital, as well as various measures to reduce operating costs by NOK 70 million (USD 9.8m) in 2015 compared to a ”challenging” 2014. Fjord Line has also signed an agreement with the […]

  • 16 August 2018

    The costs of O&M activities represent between a quarter and a third of the total lifetime costs of offshore wind farms.

  • 8 March 2011

    Constellation Energy says requiring utilities to buy offshore wind power will cost customers billions at the expense of more cost-effective…   (fredericknewspost) [mappress]   Source: fredericknewspost , March 08, 2011    

  • 22 June 2006

    Rescue vessels picked up 73 people from a ship that sank off Sumatra Island today, but were still searching for at least 43 people still missing. The accident occurred around 40 miles off the port of Sibolga on western Sumatra, said navy spokesman Lt. Col. Jaka Sentosa.

  • 2 October 2015
    Business & Finance

    Total annual operating costs in the shipping industry fell by an average of 0.8% in 2014, according to findings released by international accountant and shipping consultant Moore Stephens. This compares with the 0.3% average fall in costs recorded for 2013. “All categories of expenditure were down on those for the previous 12-month period, confirming that […]