1952 results found for 'cygnus'

1952 results found for 'cygnus'
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  • QatarEnergy joins ExxonMobil in Egypt to explore ‘exciting prospects’

    30 March 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production

    QatarEnergy has entered into an agreement with ExxonMobil to acquire a working interest in an exploration block offshore Egypt.

  • IMO elects new 40-member council

    13 December 2021
    Authorities & Government

    ​The Assembly of the International Maritime Organization (IMO) has elected the Members of its Council for the years 2022-2023.

  • Energean Inks EastMed Pipeline Deal with DEPA

    3 January 2020
    Business & Finance, Operations & Maintenance

    Energean and the Public Gas Corporation of Greece (DEPA) have agreed to cooperate to further support the EastMed Pipeline Project. Ahead of the Intergovernmental Agreement on the EastMed Pipeline, to be signed later today by the Ministers of Cyprus, Greece and Israel responsible for Energy, Energean and DEPA have signed a Letter of Intent (LoI) […]

  • Songa Offshore: Fleet Status Update for November 2012

    11 December 2012
    Business & Finance

    Songa Offshore, a Cyprus-based drilling contractor, has announced its drilling rig fleet status update for November 2012. Songa Venus achieved an operating efficiency of 98% during the month. The rig continues to operate for Petronas Carigali in Malaysia. Songa Mercur achieved an operating efficiency of 100% during the operational part of the month. The rig […]

  • Songa Offshore: New Appointment to Strengthen Financial Team

    29 April 2013

    Songa Offshore SE, a Cyprus-headquartered drilling contractor, today announced the recruitment of Jan Rune Steinsland as new Executive Vice President of Songa Offshore SE. Steinsland will report to interim CEO Jens A. Wilhelmsen and work alongside CFO Geir Karlsen to strengthen the company’s financial control and reporting structures. “As we have been quite open about, […]

  • Best videos of 2016

    2 January 2017
    Business & Finance, Technology

    Tidal Energy Today has made a list of the most viewed videos in 2016 that showcase some of the interesting tidal and wave energy projects.

  • Finland: Cargotec Secures Two Contracts for MacGregor RoRo Equipment

    1 November 2011
    Business & Finance

      In October Cargotec secured two contracts worth around EUR 15 million for complete MacGregor RoRo access and transfer systems for deepsea Container/RoRo (ConRo) vessels. “Both of these contracts are for vessels that will carry general and project cargo, as well as various type of RoRo cargo, and this calls for specialist knowledge,” says Magnus […]

  • Vattenfall Returns to Black

    7 February 2018
    Business & Finance

    Swedish energy company Vattenfall has recorded a net profit of SEK 9.6 billion for the Fiscal Year 2017, reporting a positive full-year result for the first time in the last five years.

  • Boxship runs aground after hitting another grounded vessel off Indonesia

    24 November 2020
    Vessels

    A containership identified as Cyprus-registered Tina I ran aground in the Singapore Strait on Sunday, November 22 after hitting an Iranian vessel grounded in the area since May. The 2004-built Tina I rammed into the stern of the 2008-built Shahraz,  a boxship controlled by Islamic Republic of Iran Shipping Lines. The ship, which was reportedly […]

  • Castor Maritime secures financing for bulker duo

    31 December 2020
    Business & Finance, Vessels

    Cyprus-based bulker owner Castor Marine has won financing for two of its dry bulkers worth $15 million from an unnamed European financial institution. The company also received a notification letter from the Nasdaq Stock Market granting the company an additional 180-day extension, or until June 28, 2021, to regain compliance with Nasdaq’s minimum bid price […]

  • Echandia Marine to provide batteries for Kochi’s electric ferries

    18 December 2020
    Environment, Innovation, Technology, Transition, Vessels

    Echandia Marine, a Sweden-based zero-emission energy technology provider, has signed an agreement with Siemens to provide E-LTO battery systems for 23 modern electric ferries for the South Indian city of Kochi’s public transport. The project comprises a total of 78 zero-emission vessels, which is the world’s largest fleet of electric ferries. The initial 23 ferries, […]

  • GLDD: Offering of Senior Notes Due 2019

    19 November 2014
    Business & Finance

    Great Lakes Dredge & Dock Corporation today announced that it intends to offer up to $25 million in aggregate principal amount of 7.375% Senior Notes due 2019. The Notes, if issued, would be senior unsecured obligations of the Company and its subsidiaries that guarantee the Notes. Each of the Company’s existing and future wholly owned […]

  • Highlights of the Week

    22 January 2017
    Business & Finance

    Subsea World News has put together a recap of the most interesting articles from the previous week (January 16– January 22). TechnipFMC has started operating as a unified, combined company following completion of the merger of FMC Technologies and Technip. The company, with approximately 44,000 employees, said it is moving forward with a purpose to bring together […]

  • Schlumberger’s Man to Join Songa Offshore as Chairman of BoD

    15 May 2013
    Business & Finance

    Songa Offshore SE’s Board announced today its nomination committee’s proposal for the board of directors of Songa Offshore SE, to be elected on the company’s AGM on June 6th 2013 in Limassol, Cyprus. Michael Mannering, President of the Rig Management Group at Schlumberger, is nominated as a new Director and Chairman of the board. He […]

  • Songa Eclipse Getting Ready for Contract with Total in Angola

    9 January 2012
    Business & Finance

    Songa Offshore​, Cyprus-based offshore drilling company, today provided a fleet update for October 2011. Songa Venus remained on location for Petronas Carigali, Malaysia through-out the period. The rig was shut down during the majority of the period and completed earlier announced repairs and testing of re-worked BOP components on December 19. The unit achieved 100% […]

  • Odfjell Drilling Receives BP’s Key Supplier Safety Award

    20 December 2012
    Business & Finance

    Odfjell Drilling was awarded BP’s Key Supplier Safety Award last week for the company’s services in connection with BP’s activities in the North Sea. BP recognises in particular Odfjell Drilling’s services on the Harding platform, where there have been no “days away from work cases” for nine consecutive years. “We are proud and honoured to […]

  • New offshore driller takes two jack-up rigs from Hercules

    30 January 2017
    Exploration & Production

    Norwegian offshore drilling contractor Borr Drilling, formerly known as Magni Drilling, has taken delivery of two jack-up drilling rigs from the bankrupt drilling contractor, Hercules Offshore.   Borr announced the delivery of two rigs last Tuesday, January 24. The jack-up rigs were renamed Frigg, formerly Hercules Resilience, and the Ran, formerly Hercules Triumph. The rigs are […]

  • Cochin Shipyard Hosts Prince of Wales

    12 November 2013

    His Royal Highness, the Prince of Wales, today visited Cochin Shipyard. The royal dignitaries were received by Cmde K. Subramaniam, the Chairman and Managing Director of Cochin Shipyard and VAdm Satish Soni, FOC in C, Southern Naval Command. His Royal Highness commended the efforts of the shipyard in the construction of Indigenous Aircraft Carrier and […]

  • Vattenfall and Ziton Seal Offshore Wind O&M Deal

    22 November 2016
    Business & Finance, Operations & Maintenance

    Vattenfall Wind Power AB and Denmark’s Ziton A/S have signed a three-year framework agreement through which Ziton will become the main provider of jack-up vessels for major component replacements at Vattenfall’s offshore wind farms. Both companies agree that this is an important step in the right direction for a more efficient and cost reducing offshore wind market. Working […]

  • Eni Profit Down (Italy)

    25 April 2013

    Eni, the international oil and gas company, today announced its group results for the first quarter of 2013. Financial Highlights 2 Adjusted operating profit: €3.79 billion, down 36% excluding Snam contribution to the first quarter of  20123; Adjusted net profit: €1.43 billion, down 39% excluding Snam contribution to the first quarter of 20123; Cash flow: […]

  • Cargo ship spills oil after collision with dredger off Manila

    8 July 2021
    Authorities & Government, Environment, Infrastructure, Safety, Vessels

    A cargo vessel collided with a dredger in the waters of the South Harbor Anchorage area in Manila, the Philippines, in the early morning hours of 8 July 2021.

  • SCA to develop new container port, cargo handling areas in Tunadal

    2 February 2021
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Ports & Logistics

    Swedish forest products company SCA revealed plans to invest approximately SEK 460 million (about $54.7 million) in Tunadal port between 2021 and 2024.

  • ASV, BMT Aim to Improve Safe Autonomous Navigation at Sea

    11 April 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    ASV Global and BMT are leading a new £1.2-million research project to enhance the safety and reliability of autonomous navigation. The project team will use deep learning machine vision systems trained with a unique combination of simulated and real world data. Part funded by Innovate UK, the UK’s innovation agency, this project should enhance situational […]

  • Columbia Group forms venture capital arm to foster innovation

    15 January 2024
    Business Developments & Projects, Innovation

    Columbia Group, a Cyprus-based maritime integrated services platform, has formed a new venture capital entity that will act as a ‘melting pot’ for innovation.

  • HHI secures design approval for its rotor sail

    29 August 2022
    Equipment, Green Marine, Innovation

    South Korean shipbuilder Hyundai Heavy Industries (HHI) has won design approval from the Korean Register of Shipping (KR) for its ‘Hi-Rotor’, an independently developed model of a rotor sail. The approval is the first of its kind in the country’s shipbuilding industry as the sector moves toward developing green technological solutions to decarbonize shipping. Wind-assisted […]