1959 results found for 'cygnus'

1959 results found for 'cygnus'
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  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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. […]

  • TotalEnergies winding down commissioning ops at giant North Sea gas project

    28 February 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    TotalEnergies has made progress in unlocking the full commissioning capacity at its natural gas redevelopment project in the Danish sector of the North Sea.

  • Valaris drillship going to West Africa for multimillion-dollar gig

    5 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Valaris has won a multi-well drilling assignment for one of its drillships in West Africa with an undisclosed oil and gas operator.

  • Noble Energy Reports 3Q Net Income of $205 Mln. CEO Excited about Future

    24 October 2013
    Business & Finance

    Noble Energy, Inc. announced today third quarter 2013 net income of $205 million, or $0.56 per diluted share, and income from continuing operations of $195 million, or $0.53 per diluted share. Excluding the impact of unrealized commodity derivative losses and certain other items, third quarter 2013 adjusted income from continuing operations(2) was $351 million, or […]

  • AtoB@C Shipping names second electric hybrid vessel (Gallery)

    2 September 2024
    Vessels

    AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, christened its second plug-in hybrid vessel Stellamar in Ystad on August 30, 2024.

  • MSM chooses DESMI Ocean Guard’s BWMS for its entire fleet

    15 July 2021
    Infrastructure, Vessels

    Cyprus-based shipping company Mastermind Shipmanagement (MSM) has contracted compatriot companies Navkratis and DESMI Ocean Guard to install DESMI’s ballast water management systems (BWMS) on its entire fleet.

  • MSC Cruises Drops Calls in Ukraine and Egypt amid Safety Concerns

    24 April 2015

    MSC Cruises cruise line has decided to suspended remaining 2015 calls in Ukraine and Egypt, replacing them with a number of Mediterranean alternatives. “These itinerary changes attest to MSC Cruises’ permanent focus on the safety of guests and crew – the number one priority at all times,” the company said in a statement. As announced, MSC Sinfonia, MSC […]

  • The Netherlands: Van Oord Takes Delivery of New Damen Multi Cat

    2 December 2011
    Business & Finance

    On 30 November 2011, Van Oord performed the naming ceremony for its new Damen Multi Cat 3213 ‘Oceanus’. The Oceanus is the biggest Multi Cat ever built by Damen Shipyards and the first of its type. A sister vessel ‘Cronus’ is to be delivered April 2012, one month before the contractual delivery date. The Multi […]

  • Brokers: Chinese Yards Take the Bulk of Last Week’s Bulker Orders

    12 December 2017
    Business & Finance

    Chinese shipbuilders have secured the majority of last week’s reported orders.

  • Biscay Gulf France-Spain Link Lands $717M EU Funding

    25 January 2018
    Business & Finance, Equipment, Operations & Maintenance

    EU member states have agreed on the Commission’s proposal to invest €873 million ($1.1 billion) in European energy infrastructure projects. The EU funding for the chosen projects comes from the Connecting Europe Facility (CEF), the European support programme for trans-European infrastructure. Of the 17 projects selected for funding 8 are in the electricity sector (EU support […]

  • RMT Stages Protest against Poverty Pay on Streamline’s Ship

    21 April 2017
    Business & Finance

    The UK’s National Union of Rail, Maritime and Transport Workers (RMT) was demonstrating in Aberdeen on April 21 against poverty pay on Streamline Shipping’s containership MV Daroja. According to RMT, workers are paid as little as GBP 2.56 (USD 3.28) per hour on freight routes between Aberdeen and Orkney and Shetland on the Cyprus-flagged ship. […]

  • SOFTimpact, Lemur Maritime Partner Up on Cyber Security Solutions in Greece

    19 July 2017
    Business & Finance

    Cyprus-based maritime IT solutions provider SOFTimpact has signed a strategic partnership agreement with newly established maritime management services company Lemur Maritime located in Piraeus to deliver cyber security solutions to the Greek shipping sector. As informed, SOFTimpact and Lemur will work together with their clients to address cyber threats being faced on a daily basis. Services […]

  • Vattenfall to Lay Off 1500 Employees

    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.

  • Songa Offshore Fleet Status Update for September

    16 October 2012

    Songa Offshore, a Cyprus-based drilling contractor, has announced its drilling rig fleet status update for September 2012. Songa Venus achieved an operating efficiency of 98% during the month. The rig continues to operate for Petronas Carigali in Malaysia. Songa Mercur continued its operational preparations in Trinidad during the month and is scheduled to mobilize for […]

  • Keppel Selects Finland’s Wartsila for Supply of Power and Propulsion Systems for New DSCV

    7 June 2011
    Business & Finance, Equipment

      Wärtsilä, the marine industry’s leading systems integrator, has been awarded the contract to supply an integrated solution for power generation, power distribution, and propulsion for a new Diving Support & Construction Vessel (DSCV) currently under construction in Singapore. The order has been placed by Keppel Singmarine, the Singapore based builder of the vessel. The […]

  • Container Volumes Down in Port of Gothenburg

    29 January 2016

    Swedish Port of Gothenburg, the largest port in Scandinavia, has handled a total of 820,000 TEUs during 2015, which represent a two per cent fall on 2014, due to a general decline in Swedish container volumes. Magnus Kårestedt, Port of Gothenburg chief executive, said that the container terminal implemented a highly intensive investment programme during the year, which affected the […]

  • RINA Hellenic Advisory Committee Focuses on Newbuilding and IACS Issues

    25 October 2013
    Business & Finance, Rules & Regulation

    RINA’s Hellenic Advisory Committee meeting for 2013 was organized by RINA Hellas and took place on Tuesday the 8th of October 2013 at “TATOΪ Club” in Athens. The Hellenic Advisory Committee Members and distinguished guests were welcomed by Ugo Salerno, RINA Group CEO, George Youroukos of Technomar, chairman of the HAC, Spyros Zolotas, secretary of […]

  • Subsea 7 Aims at Full Ownership of Seaway Heavy Lifting

    17 January 2017
    Business & Finance

    Subsea 7 informed today that it had made an offer to acquire the 50% shareholding in Seaway Heavy Lifting (SHL) currently owned by K&S Baltic Offshore (Cyprus). If the offer is accepted, Subsea 7 would become the sole owner of SHL, since it already holds a 50% interest in the company.

  • Zarubezhneft Days from Spudding Cuban Offshore Well

    15 November 2012

    Songa Offshore, the Cyprus-headquartered owner of offshore drilling rigs, announced that its Songa Mercur rig is not far from spudding its first well offshore Cuba. The company announced in its fleet status report that the rig has set sail from Trinidad to Cuba during the first week of November. Upon arrival to the Caribbean country’s […]

  • MarCy17: Profitability Is Around the Corner?

    12 October 2017

    Regaining profitability in the freight transportation industry is a tangible target for the very near future, it was concluded during a panel on Market Forecasting on the final day of Maritime Cyprus 2017 conference in Limassol on Wednesday. The prediction has been based on improving fundamental balance between the supply and demand being experienced at […]