1942 results found for 'cygnus'

1942 results found for 'cygnus'
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  • SeaBird Exploration eyes more offshore wind work for its seismic research vessel

    19 August 2021
    Vessels

    Cyprus-headquartered SeaBird Exploration, which recently won its first contract in offshore wind, will be looking to deploy its seismic research vessel Petrel Explorer on further projects within the sector after the vessel’s contract for an offshore wind farm in the Baltic Sea was extended for another month. SeaBird’s parent company, Norwegian Green Energy Group, reported […]

  • MacGregor to supply equipment to SeaRoad LNG-fueled RoRo

    12 May 2022
    Equipment, Infrastructure, Vessels

    MacGregor, part of Cargotec, has been selected to supply RoRo equipment for a new LNG-fueled RoRo German shipbuilder FSG is building for Australian operator SeaRoad.

  • Highlights of the Week

    3 February 2019
    Business & Finance

    Dredging Today brings you an overview of the most popular stories from the past week (January 28 – February 3, 2019).   Jan De Nul Working Around the Globe Jan De Nul Group has just released an update on two projects which stood out in 2018; at 15,500 kilometers from each other, in the far north […]

  • Gothenburg Port Expansion Kicks Off

    12 October 2018
    Business & Finance

    After years of planning and preparation, construction of an entirely new terminal in the outer area of the Swedish Port of Gothenburg has started. The project will be the largest expansion undertaking at the Port of Gothenburg in 40 years. Phase 1 started with piling earlier in the week. The 220,000 square meter terminal will […]

  • Norway: Forland Shipping Orders Subsea Vessel from Havyard

    10 February 2012
    Business & Finance

    The Herøy-based company, Havyard Group AS has signed a contract with the Norwegian shipping company Forland Shipping  for the construction of a subsea vessel. Arne Magnus Johnsen, CEO of Forland Shipping, the company that owns and operates three vessels within offshore and seismic operations, is very pleased with the choice in both design and shipyard: – […]

  • Major reorganization in MacGregor lines

    23 October 2014
    Business & Finance

    MacGregor, part of Cargotec, has announced changes in its operative structure and has started a reorganization into seven operative Divisions which will become effective on January 1, 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 comprehensive […]

  • Energy Drilling secures Loan Facility for two tender rigs

    9 April 2014
    Business & Finance

    Energy Drilling has signed a US$175.5 million Senior Secured Term Loan Facility with a group of four lenders on Monday 7th April 2014. The four lenders are DNB Asia Ltd, ABN Amro Bank N.V, NIBC Bank N.V. and Clifford Capital Pte Ltd. The Facility shall be used as final payment upon delivery by Cosco Guangdong […]

  • Rem Offshore wins long-term charter for ‘Rem Saltire’

    15 October 2018
    Business & Finance

    Offshore vessel owner Rem Offshore has been awarded a contract for one of its subsea construction vessels.

  • Nautilus Minerals Withdraws Proposed Capital Raising (Papua New Guinea)

    12 June 2011
    Business & Finance, Operations & Maintenance

      As a result of weak financial market conditions, Nautilus Minerals has decided to withdraw its proposed capital raising. Despite a positive response from investors during marketing of the proposed transaction over the past two weeks, adverse market conditions had meant that it was not in the interests of shareholders for the transaction to proceed. […]

  • Eni CEO, Egypt’s president talk offshore gas

    27 November 2015

    Claudio Descalzi, CEO of Italian oil company Eni, met Thursday with the Egypt president Abdel Fattah el-Sisi to discuss Eni’s operations in Egpyt. According to a statement by Eni issued on Thursday, special attention was given to Eni’s progress on the plan for the development of the giant Zohr gas discovery Eni made in September. […]

  • DSME Orders Wärtsilä’s Inert Gas Solutions for New LNG Carriers

    11 December 2015
    Business & Finance

    South Korean Daewoo Shipbuilding and Marine Engineering (DSME) has contracted Finnish engineering company Wärtsilä to supply combined inert gas generators and gas combustion units for 17 new LNG carriers currently under construction. Wärtsilä and DSME signed the supply contracts in June and September. The newbuilding vessels will we employed with operators in Singapore, Greece, South Korea, […]

  • Greece: NewLead Sells Two Tanker Vessels

    22 June 2012
    Business & Finance

      NewLead Holdings Ltd. yesterday announced that the Company entered into an agreement with Piraeus Bank S.A. to proceed with the sale of the two tanker vessels, Hiona and Hiotissa, for an aggregate amount of $57.0 million and to convert, subject to satisfaction of certain conditions precedent by the Company, $18.1 million debt into 22.1 […]

  • Top News of the Week, 13 – 19 March 2017

    19 March 2017

    Siemens-Gamesa Merger Clears Final Hurdle The European Commission has cleared unconditionally under the EU Merger Regulation the proposed acquisition of wind turbine manufacturer Gamesa by Siemens. World’s First Offshore Wind Farm Passes into History DONG Energy has started dismantling the world’s first offshore wind farm, the 4.95MW Vindeby located in the Danish Baltic Sea near […]

  • Subsea 7 Looks to Snap Up Seaway Heavy Lifting

    17 January 2017
    Business & Finance, Operations & Maintenance

    Subsea 7 said that one of its wholly owned subsidiaries has made an offer to acquire the 50 percent shareholding in Seaway Heavy Lifting currently owned by K&S Baltic Offshore (Cyprus). The terms of the offer are binding on Subsea 7 until July 1, 2017. During this period the Works Council representing the employees of Seaway Heavy […]

  • Flettner Rotor-Fitted Ultramax Wins Ship of the Year Award

    14 December 2018
    Business & Finance

    Ultramax bulker fitted with Flettner Rotor system named ‘Ship of the Year’.

  • Pioneer Marine Secures Financing for Vessel Acquisitions

    29 August 2018
    Business & Finance

    Pioneer Marine has secured a USD 64.4 million a credit facility with ABN Amro Bank.

  • Wartsila to Power Up Axis Offshore’s New Accommodation Rig

    17 April 2013

    Wartsila, the marine industry’s leading solutions and services provider, will supply a comprehensive, fully integrated power, propulsion and positioning system for a DP3 Dynamically Positioned offshore accommodation rig being built in China. The contract was signed in January with Cosco (Qidong) Offshore Co. Ltd, the yard building the vessel for Singapore based Axis Offshore. The […]

  • Baltic Ace Salvage Contract Awarded

    27 March 2014
    Business & Finance

    Rijkswaterstaat, a part of the Dutch Ministry of Infrastructure and the Environment, has awarded the final salvage contract for the complete removal of the sunken car carrier Baltic Ace to the Boskalis and its partner Mammoet Salvage. The contract includes removal of the entire wreck, its cargo and 540,000 liters of fuel oil. The first stage […]

  • Hunter Maritime to Buy Five Capesize Bulkers from Oskar Wehr

    27 April 2017
    Business & Finance

    The Marshall Islands-based Hunter Maritime Acquisition Corp. has decided to buy five Capesize dry bulk carriers in an en bloc transaction from Germany’s Oskar Wehr.  The ships will be purchased for USD 139.4 million from five Cyprus-based companies affiliated with one or more members of the Oskar Wehr group of companies. The vessels in question […]

  • Oil Tanker ‘Morning Glory’ Returns to Libya under USS Stout Escort

    20 March 2014
    Business & Finance

    Twenty-five US Navy personnel remain aboard the oil tanker Morning Glory after a team of Navy SEALs boarded and took control of the ship March 17, Army Col. Steve Warren, a Pentagon spokesman, said yesterday. U.S. forces took control of the tanker in international waters at the request of the governments of Libya and Cyprus […]

  • VIDEO: Fuelling Tanker Prevented from Sinking off UK Coast

    31 August 2015

    A 24-metre fuelling vessel Erin Wood collided with a 4,155 dwt Cyprus-registered cargo vessel Daroja on Saturday evening, August 29, some two miles off Peterhead, the UK’s Maritime and Coastguard Agency informed. At 5.10pm Aberdeen Coastguard received a Mayday call from the Erin Wood with two crew on board, which had taken on water following the collision. […]

  • Over Half of Ships Scrapped in South Asia, Six Fatal Accidents

    30 July 2015
    Business & Finance

    Out of 213 vessels sold for breaking during the second quarter of 2015, more than half -136 ships- ended their operational life on the beaches of South Asia, according to the data collected and analysed by the NGO Shipbreaking Platform. A total of 52 ships were dismantled in India, 47 ships in Bangladesh and 37 […]

  • Over Half of Ships Scrapped in South Asia, Six Fatal Accidents

    30 July 2015
    Business & Finance

    Out of 213 vessels sold for breaking during the second quarter of 2015, more than half -136 ships- ended their operational life on the beaches of South Asia, according to the data collected and analysed by the NGO Shipbreaking Platform. A total of 52 ships were dismantled in India, 47 ships in Bangladesh and 37 […]

  • CCS greenlights Huangpu Wenchong’s eco-friendly ship designs

    28 October 2024
    Certification & Classification

    China Classification Society (CCS) has awarded approvals in principle for designs of a new ammonia dual-fuel containership and a methanol dual-fuel bulk carrier independently developed by CSSC Huangpu Wenchong Shipbuilding Company.

  • Vattenfall reports lower Q2 wind figures, announces resignation of CEO

    21 July 2020
    Business & Finance

    Vattenfall’s results for the second quarter of the year show a decrease in net sales and underlying operating profit of its wind business, compered to the same period in 2019. The company posted the Q2 results on 21 July, stating that the decrease is due to lower wind speeds, lower electricity prices and lower availability, […]