1968 results found for 'cygnus'

1968 results found for 'cygnus'
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  • 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 […]

  • 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 emission monitoring partnership to ‘bolster’ South Korea’s maritime decarbonization drive

    25 August 2025
    Business Developments & Projects, Collaboration, Environment, Transition

    The Korea Ocean Business Corporation (KOBC) has joined forces with compatriot greenhouse gas (GHG) emission monitoring service providers Mapsea Corporation and Ecomarine to support domestic shipping companies in complying with environmental regulations. The agreement, announced on August 21, reportedly encompasses voucher-based access to greenhouse gas (GHG) monitoring services. The development expands KOBC’s “Marine Environmental Regulation […]

  • 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 […]

  • 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 […]

  • Brazil: Wärtsilä to Power Petrobras’ Pipe Laying Vessels

    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 services […]

  • 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 […]

  • 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 […]

  • Israeli Businessman Eli Tilles Confident About Winning Haifa Privatization Tender

    2 April 2020

    Israeli businessman Eli Tilles in advanced talks with foreign partners to bid for Haifa privatization tender.

  • UK: London Gateway’s Latest Developments Presented

    3 December 2012
    Business & Finance

    Despite 270 flood warnings in place across the UK on Monday night, 400 shippers, cargo owners and carriers made it to London Gateway’s offices on Tuesday morning to view the latest developments at Britain’s new port and Europe’s largest logistics Park, which opens next year on the Thames. At the ‘Insight to London Gateway’ event, […]

  • 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, […]

  • Harvey Gulf to Use Wärtsilä’s Comprehensive Integrated Solution for Its New MPSV

    18 June 2013
    Business & Finance

    Wärtsilä, the marine industry’s solutions and services provider, 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 […]

  • 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 […]

  • Maersk Oil: Listening to Porpoises to Understand Environmental Impact (Denmark)

    17 February 2011
    Business & Finance

      Harbour porpoises are small toothed whales widespread in the cool, coastal waters of the Northern Hemisphere. They are identified as a protected species within the European Union. They echolocate by sending out “clicks” at a frequency of around 130 kHz. Eigil has spent 12 years of his porpoise life in captivity and knows every […]

  • EUROGATE’s Container Volumes Stable in 2018

    12 February 2019
    Business & Finance

    EUROGATE records stable container handling volumes in 2018 despite the challenging market environment. 

  • India: Two PSVs Launched at Cochin Shipyard

    10 January 2013
    Business & Finance

    Cochin Shipyard yesterday launched two ships, BY 91 and BY 92, both Platform Supply vessels for M/s PSV Holdings Inc, Cyprus. These ships were launched by Mr John Arne Johnsen, Project Manager Deep Sea Supply and Mr Baby Thomas, Executive Director, Cochin Shipyard Ltd respectively. Both these vessels are of PSV 05 L CD type, designed […]

  • NorYards AS Appoints BoD, Eyes New Contracts

    12 September 2013

    Following the agreement entered into in July 2013 to establish Bergen Group’s shipbuilding division as a separate joint venture between Bergen Group and Calexco, a new board of directors for the new company has now been appointed. The new company, which has been named NorYards AS, has already taken necessary steps to prepare for the […]

  • 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.

  • 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.

  • 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 […]

  • 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’ […]

  • Standard ETC pays $10 million for stake in Norwegian offshore drilling contractor

    6 May 2022
    Business & Finance, Business Developments & Projects

    S.D. Standard has acquired an interest in the Norway-based offshore drilling contractor, Dolphin Drilling, through an equity issue.