10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Wärtsilä, Norsepower Team Up on Wind Propulsion Services for Shipping

    14 October 2019
    Business & Finance

    Wärtsilä unveils cooperation with Norsepower, a provider of auxiliary wind propulsion systems for shipping.

  • Spanish Boluda to Acquire Kotug Smit Towage

    4 March 2019
    Business & Finance

    Boskalis and Kotug sign LOI to sell Kotug Smit Towage to Boluda.

  • Report: Maersk to Install Scrubbers on a Part of Its Fleet

    13 September 2018
    Business & Finance

    Maersk plans to install scrubbers on a part of its containership fleet, the company told Reuters.

  • HHI to Shut Docks, Further Cut Management Staff

    9 May 2016
    Business & Finance

    Prompted by only 9 orders placed during the first quarter of the year at the South Korean shipyards, the country’s shipbuilding giant Hyundai Heavy Industries (HHI) revealed its plans to close docks which operate at the lower efficiency rate if the ordering slump persists. Furthermore, in the face of shrinking shipbuilding work at its yards, HHI intends to cut its […]

  • IUMI: Ship Records Should Be Passed On to New Owners

    11 September 2015

    The International Union of Marine Insurance (IUMI) is calling for vessel owners and technical managers to make records available that provide important information on the condition of the ship and its machinery when a ship changes owner. “The current trend to remove these records has the potential to impact on the new owner’s ability to […]

  • China Allows Valemaxes into Its Ports

    3 July 2015

    China’s Ministry of Transport and the National Development and Reform Commission issued a notice on Thursday, July 2nd on approving berthing of 400,000 DWT Valemaxes at some of Chinese ports. Specifically, the previously banned very large ore carriers will be able to berth at seven berths in Dagushan port area of Dalian, Caofeidian port area […]

  • Australia: Santos GLNG, QGC Ink Collaboration Deal

    4 July 2013
    Project & Tenders

    Santos GLNG and QGC have signed an agreement that supports plant operation flexibility and efficiency for the life of both LNG projects. The agreement links both projects’ major pipelines in two places – one on the western side of The Narrows Crossing near Mt Larcom in central Queensland, and one on Curtis Island. Santos Vice […]

  • Litgas signs MTAs with seven LNG suppliers

    9 July 2014
    Project & Tenders

    Litgas, an LNG supplier and trader, which is a part of Lietuvos Energija Group, has signed general non-binding LNG master trade agreements (MTAs) with seven global LNG suppliers. This has opened up the opportunity to offer liquefied gas to the Lithuanian market from companies that, if combined, would supply half of the world’s LNG, the […]

  • CLNG welcomes Senate hearing on exports

    30 January 2015

    In response to yesterday’s Senate Energy and Natural Resources Committee hearing on S. 33, the “LNG Permitting Certainty and Transparency Act,” Center for Liquefied Natural Gas (CLNG) President Bill Cooper issued the following statement: “Today’s hearing emphasizes the wide consensus among energy experts, economists and policymakers: Liquefied natural gas exports will be an economic boon […]

  • TiPA PTO performance passes German scrutiny

    19 October 2018
    Business & Finance, Research & Development, Technology

    The direct drive power take-off (PTO) system – being developed as part of the TiPA project – has completed three months of performance testing at RWTH Aachen University in Germany.

  • Hydratight Expands Distribution Network

    6 August 2013
    Business & Finance, Equipment

    Hydratight, the global joint integrity specialist, has welcomed SeaHarvest in Egypt and Italian Gavazzi.it pipework equipment, to be part of its growing distribution network. Cairo based SeaHarvest is one of the foremost national oil companies serving the upstream oil and gas industry in Egypt & North Africa. The organisation’s experience in the market makes it […]

  • Seadrill Buys Songa Eclipse Rig for $590 Million

    16 November 2012

    Songa Offshore has agreed to sell the ultra deepwater semi-submersible rig “Songa Eclipse” to Seadrill. The rig is sold for net sale proceeds of USD 590 million. The ultra-deepwater semi-submersible rig was delivered from the Jurong Shipyard in Singapore in 2011, and is currently operating for Total offshore Angola on a fixed contract ending in […]

  • Petredec Pens Financing Deal for Gas Carrier Quartet

    26 June 2015
    Business & Finance

    Liquefied petroleum gas trading and transport company Petredec Limited has inked a financing deal with German lender KfW IPEX-Bank worth USD 186.3 million. The loan is intended to finance construction of the company’s four new handy size gas carriers. Components sourced from Germany account for EUR 50.4 million of total financing and will be disbursed […]

  • Wellard’s Livestock Carrier Ultimately Goes to Heytesbury

    20 August 2019
    Business & Finance

    Wellard revealed plans to proceed with the sale of M/V Ocean Swagman to Heytesbury for USD 22 million.

  • Teekay Amends Note Offering to USD 250 Mn

    3 May 2019
    Business & Finance

    Teekay Corp would offer USD 250 million notes due November 2022, instead of USD 300 million due 2024.

  • Samsung Heavy Hands In Its Self-Rescue Plan to KDB

    18 May 2016
    Business & Finance

    South Korean shipbuilder Samsung Heavy Industries (SHI) has submitted its self-rescue plan to its main creditor, the state-run Korea Development Bank (KDB), the Korea Herald reports citing a company official as saying on Tuesday. The plan, aimed at restoring the company’s liquidity, reportedly includes up to 1,500 job cuts, selling of KRW 200 billion worth (USD 169 million) […]

  • MMA Offshore sells two Australian supply bases to reduce debts

    2 March 2017
    Business & Finance

    Marine service provider MMA Offshore has decided to sell two of its Australian supply base assets in order to reduce debts.  MMA Offshore informed on Tuesday it has entered into agreements with Toll Group for the sale of its Dampier and Broome Supply Base assets. The company explained that the sale of both assets was […]

  • Petrobras ordered to restart asset sales

    16 March 2017

    Brazilian court has ordered the state-owned oil company Petrobras to restart its assets sale program, meant to help the company reduce its massive debt, except for two projects. Brazil’s Federal Accounting Court (TCU) on Wednesday overturned an injunction from December last year that had prevented Petrobras to sign any new asset sales and conclude those in […]

  • IUMI: Ship Records Should Be Passed On to New Owners

    11 September 2015

    The International Union of Marine Insurance (IUMI) is calling for vessel owners and technical managers to make records available that provide important information on the condition of the ship and its machinery when a ship changes owner. “The current trend to remove these records has the potential to impact on the new owner’s ability to […]

  • Odfjell Cuts Net Loss, Continues Talks on Delayed Deliveries

    11 February 2016
    Business & Finance

    Bergen-based shipping and tank terminal company Odfjell has reported a drop in 2015 net loss to USD 36 million, including negative effect from bunker derivatives of USD 64 million, compared with a net loss of USD 75 million in 2014. Net loss of the quarter stayed at USD 18 million, the same as in the fourth quarter of 2014. Stable financial […]

  • HSH Nordbank Seeks Owner

    23 January 2017
    Business & Finance

    HSH Beteiligungs Management has started a bidding process to sell the majority of the shares in Germany’s HSH Nordbank, one of the world’s biggest providers of shipping finance. HSH Beteiligungs Management, owned by the Federal States of Hamburg and Schleswig-Holstein, is putting up for sale up to 94.9% of HSH Nordbank’s shares as part of the […]

  • Eco Wave Power Founder One of ’30 Most Influential Women of 21st Century’

    13 February 2019
    Business & Finance

    Eco Wave Power’s founder, Inna Braverman, has been included in the list of ’30 most influential women of the 21st century’, published by MSN. Inna established Eco Wave Power at the age of 24 due to her personal journey. Under her leadership, Eco Wave Power constructed its’ R&D power station in Jaffa Port, Israel, as […]

  • SDCL Takes UK Govt to Court Over Naming Macquarie Preferred GIB Bidder

    2 March 2017
    Authorities & Government, Business & Finance

    Sustainable Development Capital (SDCL), a UK-based specialist investment banking and asset management company, has initiated a judicial review of the UK government’s decision to name Australian investment bank Macquarie preferred bidder for the Green Investment Bank (GIB).

  • Russia: Rosneft Buys Oil and Gas Assets from ALROSA

    27 September 2013

    Rosneft agreed to acquire a number of oil and gas assets from ALROSA in Yamalo-Nenets Autonomous Region and in the Republic of Sakha (Yakutia), including 100-percent holdings in CJSC Geotransgaz, Urengoi Gas Company LLC, CJSC Irelyakhneft and the 99.9995 percent stake in OJSC ALROSA – Gas. The agreement was signed by Rosneft President and Chairman […]

  • Gertsen & Olufsen establishes stepping stone in China

    18 August 2009

    The Danish maritime specialist company Gertsen & Olufsen A/S, has established an office operation in Shanghai in order to tap into the growing Chinese market for shipboard and offshore technology. Danish maritime specialist Gertsen & Olufsen A/S has established a commercial Chinese stepping stone in the form of an office operation in Pudong, Shanghai. “We […]