1969 results found for 'cygnus'

1969 results found for 'cygnus'
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  • Anemoi Marine Technology’s rotor sails earn DNV type approval certification

    11 September 2024
    Equipment, Vessels

    The UK-based wind-assisted propulsion provider Anemoi Marine Technologies has been awarded a type approval design certificate by Norway-based classification society DNV for its rotor sail design measuring 5 meters in diameter and 35 in height. Anemoi Marine Technologies received the certificate during a special ceremony at trade fair SMM in Hamburg, Germany, last week, confirming […]

  • Crew repatriation: the brighter side of things

    18 June 2020
    Human Capital, Vessels

    The number of seafarers pending their sign-off at sea is increasing by the day as the industry awaits flag and port states to lift Covid-19 related travel restrictions and enable the unsung heroes of the sea to finally go home. The debate is heating up as unions vow to take matters into their own hands […]

  • Norsepower installs rotor sail on 2016-built bulk carrier for IINO Lines

    29 January 2025
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Finnish cleantech company Norsepower, together with shipping company IINO Lines and electric power company J-POWER, has completed the installation of one Norsepower Rotor Sail, a wind propulsion system, onboard a bulk carrier.

  • Sweden to Introduce Tonnage Tax

    8 September 2015
    Business & Finance

    The government of Sweden has proposed the introduction of a tonnage tax system aiming to level the playing field between domestic and shipping companies from other European countries, according to the Gothenburg Port Authority (GPA). Sweden’s Minister for Infrastructure Anna Johansson presented the government’s maritime strategy at Donsö Shipping Meet 2015, revealing that the Swedish tonnage tax will be introduced in […]

  • Port of Gothenburg to Expand in 2017

    3 March 2016

    The construction of a new terminal at the outer area of the Swedish-based Port of Gothenburg is set to commence in 2017 in order to meet the growing demand for additional capacity as freight volumes are anticipated to increase in Europe. The new terminal was cleared for construction beside the existing ones after the port received a consent of the […]

  • Nigeria Searching for Kidnapped MV Szafir’s Crew

    30 November 2015

    The Nigerian Navy and other security agencies have launched a search and rescue operation for the kidnapped crew of the Polish cargo ship. Namely, five crew members, including the captain of the Cyprus-flagged MV Szafir were kidnapped on Friday, November 27th off Nigeria, when the ship was boarded by a group of armed men approximately seven nautical miles […]

  • MacGregor Reorganizes into Seven Operative Divisions

    23 October 2014
    Business & Finance

    MacGregor, part of Cargotec, announces changes in its operative structure and starts a reorganisation into seven operative Divisions which will become effective on 1 January 2015. The six new operative Divisions together with Global Lifecycle Support as the seventh one will enable MacGregor to improve customer service throughout the lifecycle of the products, offer more […]

  • Songa Offshore Reports Net Profit of $10.6 Mln

    20 August 2012
    Business & Finance

    Songa Offshore, a Cyprus-based drilling contractor has reported a profit for the second quarter of 2012 of USD 10.6 million.   Operating revenue for the second quarter was USD 151.2 million. This includes mobilization and demobilization revenue of USD 2.5 million.  Total expenses for the second quarter were USD 101.9 million. EBITDA for the second quarter […]

  • Offshore safety body clears accommodation rig for Johan Sverdrup work

    3 April 2018
    Exploration & Production

    Statoil has received consent from the PSA to use the Haven accommodation rig on the Johan Sverdrup field.

  • Expro: New member joins well abandonment services

    5 January 2017
    Business & Finance

    Oilfield services provider Expro has appointed a new senior project manager, aiming to strengthen its well abandonment services.  Expro said on Thursday that Bill Inglis was named the new senior project manager. The company launched fully integrated well abandonment services last year which included late-life reservoir management, permanent reservoir abandonment, and post abandonment monitoring. According to […]

  • Japanese Onishi Shipyard Orders Cargotec RoRo Equipment

    31 January 2013

    MacGregor, part of Cargotec, has secured a contract to deliver electrically-driven RoRo equipment for two new car carriers under construction at Shin-Kurushima’s main facility, Onishi Shipyard, in Japan. Each ship will be supplied with a stern ramp, a side ramp, six internal ramps, a ramp cover and hoistable car decks. The order is booked into […]

  • Kidnapped Polish Crew Released

    9 December 2015
    Business & Finance

    The kidnapped Polish crew, including the captain of the Cyprus-flagged MV Szafir cargo ship has been released, Polish Foreign Affairs Ministry informed.  “We would like to announce that the five Polish sailors who were abducted off the Nigerian coast on 27 November have been released. They are safe and sound, and will soon return home. At the […]

  • Spotted: Cruise Ship Duo Checks In at DP World Limassol

    12 October 2017

    As the autumn cruise season already kicked off at the DP World Limassol, two cruise ships called at the terminal on the same day, September 27.  Mein Schiff 1, owned by German cruise line TUI Cruises, berthed overnight at the terminal. The 76,522 gross ton vessel features a length of 263.9 meters and a width […]

  • DMA Head Official Candidate for IMO Top Post

    24 October 2014

    The Danish Government confirmed official nomination of Director General of the Danish Maritime Authority Andreas Nordseth as a candidate for the post as Secretary General of the IMO. The post will become vacant on 1 January 2016 as present Secretary General Koji Sekimizu will resign from his position at the end of 2015. It is expected […]

  • Vattenfall’s Profit Hit by Lower Production and Falling Electricity Prices

    28 April 2015
    Business & Finance

    Lower production volumes and continued falling electricity prices had a negative effect on Vattenfall’s earnings during the first quarter. Profit after tax fell to SEK 4,987 million (EUR 531.37 million) compared to the same period last year of SEK 8,205 million (EUR 874.10 million). However, the work towards a more sustainable energy portfolio continued, and […]

  • Report: ConocoPhillips keeps COSL’s accommodation rig for Judy

    1 February 2017
    Business & Finance, Exploration & Production

    ConocoPhillips has reportedly extended its charter agreement for COSL’s accommodation rig, the COSLRival, currently operating on the Judy field in the UK North Sea. According to reports from the news website Petro.no (Norwegian language only), the contract for the COSLRival accommodation rig was extended for an additional two months. The initial contract for the charter between the […]

  • OPITO mourns death of chief executive David Doig

    19 January 2017
    Business & Finance

    Oil and gas skills and workforce development organization OPITO has confirmed that its CEO David Doig suffered a heart attack on December 31 and later passed away in Kirkcaldy at the age of 57. John Taylor, chairman of OPITO, said in Tuesday’s statement: “David was a vocal champion of OPITO, a much-respected industry leader, a firm […]

  • Borr Drilling makes Oslo listing plans in bid for ‘further growth’

    7 August 2017
    Business & Finance, Exploration & Production

    Norwegian offshore drilling contractor Borr Drilling, formerly known as Magni Drilling, has resolved to apply for a listing of its shares on the Oslo Stock Exchange (Oslo Børs) in the second half of August 2017.  In a statement on Friday, August 4 the driller said the target for the listing is to increase public awareness […]

  • Wärtsilä, GasLog Ink LNG Carriers’ Maintenance Deal

    20 October 2017
    Business & Finance

    Finnish technology group Wärtsilä has signed a maintenance agreement with Monaco-based GasLog LNG Services, covering eight LNG carriers operating on Wärtsilä dual-fuel engines. The agreement, effective from October 1, 2017, consists of Dynamic Maintenance Planning (DMP), technical support, secured availability of spare parts and specialized technical personnel around the clock as well as constant performance […]

  • Labour Dispute Affects Gothenburg Port’s Box Volumes

    2 February 2017
    Business & Finance

    Affected by a lengthy labour dispute with the Swedish Dockworkers’ Union, the container volumes at the Swedish Port of Gothenburg fell by 3 per cent to 798,000 TEU in 2016. “The container terminal has had a challenging year with the labour dispute with the Dockworkers’ Union, which has escalated and resulted in major disruptions,” Magnus Kårestedt, […]

  • URS, EDT Join Forces on Boulder Clearance

    20 March 2018

    UK company Utility ROV Services (URS) and Cyprus-based EDT Shipmanagement have signed an agreement to provide boulder clearance services to the offshore renewable energy industry using their combined resources. The agreement is based on an initial one-year period with options for extension. 

  • Lundin Books Safe Boreas for Edvard Grieg Project (Norway)

    5 July 2012

    Safe Boreas will, according to the owner, be the most advanced and efficient harsh environment accommodation rig in the world, with facilities for 450 persons in single man cabins.

  • Castor Maritime buys its 5th bulker

    31 July 2020
    Business Developments & Projects, Infrastructure, Vessels

    Cyprus-based dry bulk vessel owner Castor Maritime has entered into an agreement to purchase a 2010 Japan-built bulker.

  • Port of Gothenburg Sustainability Report Available

    26 March 2019
    Business & Finance

    The Swedish Gothenburg Port Authority last week released the company’s annual Sustainability Report – ‘Sustainable Port‘, saying that they will continue in its endeavor to promote long-term sustainable development. During the past year, several important milestones were reached, said the Port Authority. Joint funding by the government was approved for the long-awaited deepening of the fairways, […]

  • ECONNECT Energy to deliver LNG transfer technology

    9 November 2021
    Business Developments & Projects, Technology

    Norwegian maritime engineering company ECONNECT Energy has signed a contract with an undisclosed global energy company to deliver LNG transfer technology.