1956 results found for 'cygnus'

1956 results found for 'cygnus'
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  • The Netherlands: Europe’s Largest Freight Transport Country

    19 March 2014
    Business & Finance

    The Netherlands has remained the largest maritime freight transport country in Europe since 2010. At 543 million tonnes, the volume of seaborne goods handled in Dutch ports in 2012 represented 14.6 % of the EU-28 total. The Netherlands was followed by the United Kingdom (UK) and Italy, with shares of 13.4 % and 12.8 %, […]

  • Wartsila to Supply Integrated Solution for Harvey Gulf’s MPSV (USA)

    4 July 2013
    Business & Finance

    Wärtsilä has been awarded the contract by Eastern Shipbuilding Group, Inc., of Panama City, Florida to supply an integrated solution for a new multipurpose support vessel (MPSV) for Harvey Gulf International Marine, LLC (HGIM) of New Orleans. This offshore vessel is the first in a series of three MPSVs being built for Harvey Gulf. The […]

  • Transocean to sell entire jack-up fleet to new offshore driller

    20 March 2017
    Business & Finance, Exploration & Production

    Norwegian offshore drilling contractor Borr Drilling, formerly known as Magni Drilling, is planning to buy 15 jack-up drilling rigs from Swiss-based Transocean for $1.35 billion.  Borr Drilling announced on Monday the signing of a letter of intent with Transocean for the acquisition of 15 high-specification jack-up rigs. The transaction consists of Transocean’s entire jack-up fleet, including ten rigs […]

  • DNV GL approves OSV-based LNG bunker vessel design

    2 April 2019

    DNV GL has presented ShipInox with an Approval in Principle (AiP) for its new small-scale LNG carrier/bunker vessel design.

  • Full Wärtsilä package for 6 Maersk AHTS vessels

    27 November 2014
    Business & Finance, Equipment

    A new series of six Anchor Handling Tug Supply vessels to be built at the Kleven Verft AS in Norway for the Danish based Maersk Supply Service A/S – part of the A. P. Møller-Mærsk Group, will feature fully integrated solutions from Wärtsilä. There is an option for an additional four vessels within this series. […]

  • Wartsila to Outfit Two Ro-Pax Ferries with LNG Technology

    11 September 2013

    Wartsila, the marine industry’s leading solutions and services provider, will supply an integrated solution for two dual-fuel liquefied natural gas (LNG) Ro-Pax passenger ferries being built on behalf of Canadian ferry services provider Société des traversiers du Québec (STQ). The contract was issued in August by Chantier Davie Canada (Davie), Canada’s largest shipyard, the builder […]

  • Wartsila to Outfit Two Ro-Pax Ferries with LNG Technology (Canada)

    12 September 2013
    Business & Finance

    Wartsila, the marine industry’s leading solutions and services provider, will supply an integrated solution for two dual-fuel liquefied natural gas (LNG) Ro-Pax passenger ferries being built on behalf of Canadian ferry services provider Société des traversiers du Québec (STQ). The contract was issued in August by Chantier Davie Canada (Davie), Canada’s largest shipyard, the builder […]

  • Wartsila Nabs Integrated Solution Contract for Two Canadian LNG Ferries

    11 September 2013
    Project & Tenders, Vessels

    Wärtsilä, the marine industry’s leading solutions and services provider, will supply an integrated solution for two dual-fuel liquefied natural gas (LNG) Ro-Pax passenger ferries being built on behalf of Canadian ferry services provider Société des traversiers du Québec (STQ). The contract was issued in August by Chantier Davie Canada, Canada’s largest shipyard, the builder of […]

  • Majority of Ships Still Scrapped in South Asia

    25 April 2017
    Business & Finance

    A total of 128 end­-of-­life ships were sold for scrap to the South Asian beaches during the first quarter of 2017, according to the data collected and analysed by the NGO Shipbreaking Platform. The number represents 65 percent of ships which reached the shores of Bangladesh, India and Pakistan, out of a total of 196 vessels sold for demolition worldwide during the […]

  • ICS Chairman Spyros M Polemis Calls for More Navy Forces in Indian Ocean

    3 October 2011

    Governments have ceded control of the Indian Ocean to pirates and the small deployment of naval forces to the region is like putting a band-aid on a gaping wound – so says ICS Chairman Spyros M Polemis. And in a damning indictment of western governments, Mr Polemis will controversially suggest they would be acting differently […]

  • Energean gets another loan from EBRD to boost offshore exploration in Greece

    5 July 2016

    The European Bank for Reconstruction and Development (EBRD) is stepping up its support for Energean Oil & Gas, the only oil and gas producer in Greece, with an additional $20 million subordinated loan to the company, following the previously announced $75 million financing package. The loan will support the exploration of the Prinos Basin as […]

  • Bergen Group cancels rig-service yard sale (Norway)

    4 May 2015
    Business & Finance, Exploration & Production

    Bergen Group has terminated the agreement on the sale of the properties and the rig service activity at Hanøytangen.  To remind, the company decided in April to divest its rig-service activity at Hanøytangen for a total transaction price of NOK 245 million ($32.2 million). According to Bergen Group, the signed share purchase agreement between Bergen Group […]

  • Norsepower rotor sails for world’s largest short sea RoRo

    8 March 2022
    Business Developments & Projects, Environment, Equipment, Infrastructure, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vessels

    Finnish cleantech company Norsepower has signed an agreement with Luxembourg-based shipping group CLdN to install two tilting rotor sails onboard a 2018-built vessel.

  • Aker BP’s Hod platform set for installation in North Sea

    4 August 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    The topside of the platform for the Hod field is transported today from Aker Solutions yard to the Aker BP-operated field in the North Sea.

  • UK: Gwynt y Môr’s Next Stage of Offshore Construction Begins

    3 April 2012
    Business & Finance, Operations & Maintenance

      Gwynt y Môr Offshore Wind Farm Limited has secured a major contract to begin the next stage of offshore construction off the North Wales coast. In a £multi-million deal with Seaway Heavy Lifting Limited of Cyprus, the heavy lift vessel, ‘Stanislav Yudin’ will operate in Liverpool Bay between April and December, 2012, to install major […]

  • MPC and Ahrenkiel Merge to Create New Shipping Giant, Germany

    1 April 2014
    Business & Finance

    The MPC Group, Hamburg, has acquired the C. F. Ahrenkiel Group and the shipping activities in Germany and Cyprus together with Thien & Heyenga through a newly founded company. Ahrenkiel’s activities will be pooled with those of the MPC Group’s MPC Münchmeyer Petersen Steamship and Thien & Heyenga under the name Ahrenkiel Steamship. With 62 […]

  • Van der Velden® Marine Systems exhibits rotor bow rudder system at Europort 2009

    16 October 2009

    Van der Velden Marine Systems will exhibit at the Europort 2009 in Rotterdam, The Netherlands, from 3 until 6 November. The stand will showcase a complete rotor bow rudder system, type RMS 2000 V. There will be special attention for the safety inspections, a few of which will be raffled during the exhibition. All three […]

  • INSIGHT-How Israel turned a gas bonanza into an antitrust headache

    2 October 2015

    By Steven Scheer JERUSALEM (Reuters) – When the Leviathan gas field was discovered off the coast of Israel in 2010, it was pitched as a game-changer — a vast energy reserve that would transform the economy and bolster public finances for years to come. Five years on, poor policymaking, political infighting and a battle between […]

  • New maritime AI collaboration targets fuel efficiency and emission reduction

    24 February 2025
    Collaboration, IT & Software

    The Cyprus-headquartered SmartSea, a logistics-oriented IT company, and the UAE-based provider of technological solutions Digital Energy AI have teamed up to explore the potential of artificial intelligence (AI) in the marine and offshore energy sectors. As disclosed, the all-embracing goal of the collaboration is to look into the ways in which artificial intelligence could ‘improve’ […]

  • SBM Offshore gives FSO job to Norwegian firm for deepwater oil project in Gulf of Mexico

    29 October 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    SBM Offshore has placed an order with AXTech in relation to a floating storage and offloading (FSO) unit, which will be deployed at a deepwater oil project 30 km south of the Mexico-U.S. maritime border.

  • Yara Marine Technologies has a new owner

    2 February 2024
    Business & Finance, Business Developments & Projects

    Norway-based technology company Yara Marine Technologies (YMT) has been acquired by Switzerland-based Okapi Supply Trading Advisory SA (formerly Sarl) to expand its maritime solutions portfolio.

  • Norsepower gets financial boost from Finnish Climate Fund to scale up production

    31 January 2023
    Authorities & Government, Business & Finance, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vessels

    The Finnish Climate Fund, a state-owned special assignment firm, will provide a capital loan of up to €10 million euros to rotor sail manufacturer Norsepower for increasing its production capacity. The capital loan comes with a market-based interest rate determined according to the risks of the project and in line with the EU’s minimum interest […]

  • Norsepower, NAPA team up to reap wind propulsion benefits using voyage optimisation 

    4 April 2022
    Business Developments & Projects, Collaboration, Environment, Infrastructure, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vessels

    Finland-based clean tech company Norsepower has signed a formal agreement with NAPA, a compatriot maritime software, services and data analysis provider, to offer weather routing software in combination with its Rotor Sails solution.

  • EnQuest shaves off $100 million of Kraken costs

    7 September 2017

    UK-based oil and gas company EnQuest has further cut costs on its Kraken development in the UK sector of the North Sea by $100 million.  In its half year results on Thursday, EnQuest confirmed it had reduced Kraken’s full cycle gross project capex by a further c.$100 million, down to $2.4 billion, 25% down on […]

  • Ezra nets new deals. Lewek Constellation on track

    30 January 2015
    Business & Finance, Equipment

    Ezra Holdings’ Subsea Services division, EMAS AMC, has secured multiple contracts from various energy companies valued at more than US$65 million (including options). The scope of work includes project management, engineering, and transportation and installation works for a floating production storage offloading (FPSO) vessel in Africa, as well as various engineering and offshore construction support […]