1942 results found for 'cygnus'

1942 results found for 'cygnus'
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  • Israeli firm launches takeover offer for Ithaca Energy

    6 February 2017

    Israeli energy company Delek Group has launched a takeover offer for the oil company Ithaca Energy. According to Canada-based Ithaca, the offer is for a cash consideration of C$1.95 per share – this equates to £1.20 per share based on the exchange rate on 3 February 2017. Delek says the offer is $524 million. Ithaca’s board has […]

  • North Sea Vessels Facing Detentions amid New Labour Laws

    7 August 2014
    Business & Finance

    North Sea supply vessels and support ships could be detained in port if they are found to be failing to comply with a new maritime law which today (Thur 7 Aug) comes in to effect in the UK, a legal expert has warned. The Maritime Labour Convention (MLC) is an international agreement which safeguards the […]

  • Yangzijiang First to Launch Dual Currency Trading

    25 July 2013

    Yangzijiang Shipbuilding (Holdings) Ltd (Yangzijiang) one of PRC’s leading and most enterprising shipbuilders listed on the SGX Main Board, informed that with effect from 9.00 a.m. on 5th August 2013, Yangzijiang’s shares will commence trading on Singapore Exchange (SGX) in Renminbi (RMB). Yangzijiang is set to be the first to launch dual currency trading in […]

  • Carnival Corporation Joins Swedish Maritime Administration’s MONALISA Project

    27 April 2012
    Business & Finance

    Always seeking new ways to enhance safety, the shipping industry is turning to Sweden and the Swedish Maritime Administration to continuously track locations of cruise and cargo vessels sailing European waters. The MONALISA project, led by The Swedish Maritime Administration, has attracted considerable international interest and the world’s largest cruise company, Carnival Corporation & plc, […]

  • Wärtsilä Awarded to Power Six New Pipe Laying Vessels for Brazil

    29 June 2012
    Business & Finance

    Wärtsilä power and positioning systems have been selected for ships being built for use by the Brazilian energy giant Petrobras. The proven reliability and superior efficiency of these systems, which results in lower operating costs, fewer emissions and less maintenance, are cited as reasons for their selection. Wärtsilä, the marine industry’s leading solutions and services […]

  • Plans for Gothenburg LNG Terminal in Full Swing, Sweden

    2 October 2012

    Planning of the new terminal for liquefied natural gas (LNG) at the Port of Gothenburg is in full flow. During the summer, Vopak and Swedegas signed an agreement, which now also has been signed by the Port of Gothenburg. The three parties are now turning their attention to the market to investigate the level of […]

  • Fortescue to acquire 12.5% ownership interest in Norwegian Hydrogen

    27 October 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Fortescue, a global green energy, metals and technology company, has invested close to NOK 100 million ($8.9 million) to become a shareholder in Norwegian Hydrogen. The investment will see Fortescue acquire a 12.5% ownership interest in Norwegian Hydrogen, becoming the third largest shareholder. Fortescue Energy CEO Mark Hutchinson said: “Climate change is here now, and […]

  • Bulkship Management taps BERG Propulsion to limit engine power on 10 ships

    17 May 2023
    Business & Finance, Equipment, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Technology, Transition, Vessels

    Bulkship Management, the Oslo-based ship manager with a specialty in geared vessels, has signed a contract to implement BERG Propulsion’s ‘EPL for EEXI’ power limitation solution across 10 ships trading in US Gulf and Caribbean waters. The Berg Engine Power Limitation (EPL) is intended for ships whose performance requires only moderate adjustment to meet the […]

  • Equinor’s charter of Remøy vessel includes potential upgrade to run on ammonia

    18 March 2022
    Business & Finance, Business Developments & Projects, Environment, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vessels

    Equinor has inked a long-term deal with Remøy Shipping for one of its PSVs with ammonia conversion potential to reduce emissions.

  • SWEL puts wave energy system on try-outs at Centrale Nantes ocean tank

    20 November 2020
    Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Research & Development, Technology

    Sea Wave Energy (SWEL) has tested its Wave Line Magnet device at the Ecole Centrale de Nantes hydrodynamic and ocean engineering tank as part of the Marine Energy Alliance project.

  • INTERTANKO backs shipping’s net zero emissions path by 2050

    19 November 2021
    Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    International shipping should strive to achieve net zero CO2 emissions by 2050, the Council of Members of the International Association of Independent Tanker Owners (INTERTANKO) has agreed.

  • North Sea supply vessels facing detentions?

    7 August 2014

    North Sea supply vessels and support ships could be detained in port if they are found to be failing to comply with a new maritime law which today comes in to effect in the UK, a legal expert has warned. The Maritime Labour Convention (MLC) is an international agreement which safeguards the employment rights, working […]

  • SAAB Implements NAIS for India’s Coastline and Security

    7 August 2012
    Business & Finance

    Saab announces the successful implementation of National Automatic Identification System (NAIS) on the Indian coast line for India’s Directorate General of Lighthouses and Lightships (DGLL), which will also be used by Indian Navy, Coast Guard and DG Shipping. On Friday, August 3, 2012, the National Automatic Identification Systems was inaugurated by India’s Union Minister for […]

  • Green light for world’s first ammonia bunkering terminal

    25 March 2024
    Authorities & Government, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Safety

    The Norwegian Directorate for Civil Protection has given its approval for the construction of an ammonia bunkering facility at Fjord Base in Florø.

  • Borealis and IINO Lines ink charter deal for dual-fuel, wind-assisted VLGC

    24 May 2023
    Vessels

    Austrian chemical company Borealis and Japanese shipping company IINO Kaiun Kaisha, Ltd. (IINO Lines) have signed a charter agreement for a dual-fuel liquefied petroleum gas (LPG) vessel, Oceanus Aurora.

  • Euronav confirms CMB sought to quash tie-up with Frontline

    15 December 2022
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy

    Belgium-based tanker shipping giant Euronav informed earlier today that it has received a letter from its biggest shareholder Compagnie Maritime Belge (CMB) seeking termination of the company’s tie-up with Frontline. The letter was addressed to Euronav’s Supervisory Board, following the publication of a 13D filing in relation to the recent increase of its holdings in Euronav. Specifically, […]

  • Watch: Odyssey of the Seas squeezes down the Ems River in reverse

    2 March 2021
    Vessels

    Odyssey of the Seas, Royal Caribbean International’s brand-new ship under construction at the Meyer Werft shipyard in Papenburg, Germany, has completed its 10-plus-hour river conveyance. The 32-kilometer conveyance is a process unique to ships built at Meyer Werft, as the shipyard is situated inland along the Ems River, and the ship must make the journey backward and […]

  • Oil & Gas UK: M&A to continue in 2018, but won’t reach 2017 levels

    20 March 2018

    In its 2018 Business Outlook, Oil & Gas UK looked at the big mergers and acquisitions in the past year.

  • Transocean closes Songa Offshore deal

    31 January 2018
    Business & Finance, Exploration & Production

    Offshore driller Transocean has completed its acquisition of its rival Norwegian-Cypriot offshore driller Songa Offshore.

  • EOMAP, Landgate Deliver Unique Water Quality Monitoring Tools

    22 July 2014
    Business & Finance, Equipment

    German and Australian scientists launched state-of-the-art water quality monitoring tools that will enable anyone in the world to zoom in on what is stirring up under the surface of Australian waters. Aquatic remote sensing company EOMAP teamed up with Western Australian statutory authority Landgate to deliver these unique products. “The fusion of EOMAP’s science and […]

  • Brazil: Wärtsilä’s Power and Positioning Systems for Petrobras’ PLVs

    29 June 2012

      Wärtsilä power and positioning systems have been selected for ships being built for use by the Brazilian energy giant Petrobras. The proven reliability and superior efficiency of these systems, which results in lower operating costs, fewer emissions and less maintenance, are cited as reasons for their selection. Wärtsilä, the marine industry’s leading solutions and […]

  • Norway: Havyard Secures Major Subsea Vessel Construction Contract

    10 February 2012

    Forland Shipping and Havyard Group have agreed on a major new contract for the construction of a subsea vessel. The Herøy-based company Havyard Group AS has secured a new and prestigious subsea contract with a brand new customer. Forland Shipping`s main offices are located just south of Bergen and is a privately owned shipping company […]

  • Eni CEO Presents 2014 – 2017 Strategic Plan

    13 February 2014

    Paolo Scaroni, Eni CEO, presented the company’s 2014-2017 Strategic Plan to the financial community. In what is expected to remain a very difficult market context, Eni’s strategy is based on selective E&P growth, an accelerated restructuring of the mid-downstream businesses, value-creation from disposals and investment discipline. All these actions will result in growing operating and […]

  • New Labour Laws Threaten North Sea Vessels

    7 August 2014
    Authorities & Government

    North Sea supply vessels and support ships could be detained in port if they are found to be failing to comply with a new maritime law which today (Thur 7 Aug) comes in to effect in the UK, a legal expert has warned. The Maritime Labour Convention (MLC) is an international agreement which safeguards the […]

  • UK: Offshore and Marine Industries to Benefit from Global Navigation Receiver Instrument

    12 March 2013

    A sensing instrument which can measure ocean parameters such as sea surface roughness has been developed by experts at Surrey Satellite Technology Ltd. (SSTL). In its more familiar usage, GNSS (Global Navigation Satellite System – also known as GPS) pinpoints the geographic location of a user’s receiver anywhere in the world. However, in this small […]