1959 results found for 'cygnus'

1959 results found for 'cygnus'
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  • Utilisation of Prosafe’s Vessels in Q1 Reaches 76 Pct

    24 April 2014
    Business & Finance

    Utilisation of Prosafe’s semi-submersible accommodation/service vessels in the first quarter of 2014 was 76 per cent. Safe Caledonia, Safe Astoria, Safe Concordia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency were in full operation throughout the quarter. Safe Concordia was on contract in Brazil with an average effective day rate in the quarter […]

  • Port of Gothenburg to Get EU Funds for LNG Terminal, Belgium

    17 July 2013

    Liquefied natural gas for shipping by 2015 at the latest. This is the aim behind collaboration between private infrastructure companies and the Port of Gothenburg and the Port of Rotterdam. The project will receive SEK 305 million in funding from the EU. “EU support is a clear indication of how important shipping is for sustainable […]

  • Royal Navy Survey Ship HMS Echo Returns Home (UK)

    16 August 2012
    Business & Finance, Operations & Maintenance

    The Royal Navy survey ship HMS Echo returns home to the HM Naval Base, Devonport, Plymouth, today (16 August) after a 19 month deployment. The ship has been away for 593 days with 421 actually at sea and has sailed about 74,000 miles – 2.5 times around the equator. The ship made 24 stops in […]

  • Wilhelmsen’s Liferaft Rental Concept Thrives in Eastern Mediterranean

    23 August 2011
    Business & Finance

      Wilhelmsen’s liferaft rental concept is thriving in the Eastern Mediterranean (including Greece, Cyprus and Lebanon) as ship owners and operators embrace the concept and the benefits of renting rather than buying liferafts. When the concept was introduced, WSS’s sales, customer service and supply teams found the Eastern Mediterranean market to be extremely positive and […]

  • Eni’s Egypt gas find to contribute to European energy security

    16 September 2015
    Business & Finance

    The European Commissioner for Energy and Climate Action, Miguel Arias Cañete, met on Wednesday Eni’s CEO, Claudio Descalzi, in Rome to discuss the status of the negotiations preceding the COP21 climate summit in Paris in December.  During the meeting, Descalzi repeated the request for a global carbon pricing mechanism to address concerns related to the increased […]

  • 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. […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 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.

  • 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.

  • 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, […]

  • 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. […]

  • 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: – […]

  • UK oil & gas duo mulling over potential merger

    7 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Serica Energy and EnQuest have taken steps to engage in talks over a potential business combination that has the opportunity to create a bigger combined company with a total market capitalization of nearly $1 billion.

  • 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 […]

  • 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 […]

  • 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 […]