1952 results found for 'cygnus'

1952 results found for 'cygnus'
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  • Wind Power Technology for Ships Tested at Sea

    1 July 2015
    Business & Finance

    Norsepower’s Rotor Sail Solution, a new wind propulsion technology for ships, has passed its sea trials with flying colors. The Norsepower Rotor Sail Solution was installed on the 9,700 DWT Ro-Ro carrier MS Estraden, owned by Bore, a Finnish Ro-Ro shipping company. The ship operates in a continuous service between the Netherlands and the UK, sailing through the […]

  • Update: Maersk to Reflag UK Vessels, End Training of Cadets amid Brexit Chaos

    1 February 2019
    Business & Finance

    Danish shipping giant Maersk to reflag UK vessels and end training of UK cadets.

  • Israel: Noble Energy to sell chunk of Tamar gas field for $369 M

    5 July 2016
    Business & Finance

    U.S. oil and gas company Noble Energy, Inc. will sell a 3 percent working interest in the Tamar field, offshore Israel. The buyers are Harel Group (“Harel”), an insurance provider and pension manager in Israel, in partnership with Israel Infrastructure Fund (“IIF”), Israel’s largest infrastructure private equity fund. The transaction value of $369 million is based upon […]

  • ITF: MLC Non-Compliance Increasing, Unpaid Wages Biggest Problem

    10 September 2015

    A four percent increase or 371 more vessels have been found to be in breach of the Maritime Labour Convention (MLC) in 2014 when compared to the numbers recorded the year before,  the International Transport Workers’ Federation maritime coordinator Jacqueline Smith said in a speech at the International Shipping Conference in London. “In 2014 our inspectors carried out […]

  • Höegh LNG boasts solid project pipeline amidst Q3 loss

    20 November 2020
    Business & Finance, Business Developments & Projects

    Norway’s floating storage and regasification unit (FSRU) giant Höegh LNG posted a loss for the third quarter of 2020.

  • Nixon: Consolidation in Container Shipping Getting More Challenging

    23 April 2019
    Business & Finance

    Further consolidation in the sector through mergers and acquisitions getting trickier.

  • Germany: HATLAPA Supplies Winches to Emergency Tug Nordic

    21 April 2011

      The German headquartered marine equipment supplier HATLAPA is playing an active role in protecting coastlines. The manufacturer’s extensive experience in the development and production of steering gear, compressors, deck machinery and offshore winches has led to a 2.5 million Euro order for deck machinery and steering gear for the Nordic. Initiated by the German […]

  • Rystad: 282 billion barrels to stay in the ground as Covid-19 hastens peak oil

    18 June 2020
    Exploration & Production, Infrastructure, Market Outlooks, Outlook & Strategy

    In its global energy outlook, Rystad Energy revealed that the Covid-19 downturn will expedite peak oil demand, putting a lid on exploration efforts in remote offshore areas and as a result reducing the world’s recoverable oil by around 282 billion barrels.

  • 45 countries designated seafarers as key workers

    16 December 2020
    Authorities & Government, Human Capital, Regulation & Policy, Rules & Regulation, Vessels

    Forty-five IMO Member States and one Associate Member, Hong Kong,  have now designated seafarers as key workers, a key step in resolving the ongoing crew change crisis.  Key worker designation is essential to exempt these professionals from specific COVID-related travel restrictions, allowing them to travel between their country of residence and ships, and to be repatriated at the end of their contracts. The restrictions […]

  • ‘World’s 1st’ ammonia-powered containership set to debut in 2026, Yara says

    2 November 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    Yara Eyde, which has been described as the world’s first containership to be powered by pure ammonia as fuel, is scheduled to enter the market in 2026, according to its developers. The vessel is being developed by ammonia producer and shipowner Yara Clean Ammonia and the Norwegian container operator NorthSea Container Line. Namely, the duo plans […]

  • Following EnQuest exit, CFO to take the same role at Tullow

    24 March 2022
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Tullow Oil has revealed it will be getting a new Chief Financial Officer later this year by hiring the current CFO of EnQuest for the role.

  • Drydocks World Meets with Its Business & Commercial Agents

    3 June 2013

    Drydocks World & Maritime World recently hosted a meeting with its business & commercial agents who represent the organization’s interests in different areas overseas. The event was attended by a large number of agents who gathered to discuss the latest projects handled by the company and to understand the requirements for the future. Welcoming the […]

  • Pinsent Masons: Sharp spike in oil & gas arbitration cases in 2013

    4 August 2014

    A high oil price and global political unrest has led to a sharp spike in major oil and gas arbitration cases for settling complex multi-million pound legal disputes. Research by legal firm Pinsent Masons found a leading arbitration body had received double the number of energy related cases in 2013 than in the previous year. […]

  • BHP, Pan Pacific Copper, and Norsepower to retrofit combination carrier with rotor sails

    10 August 2022
    Collaboration, Green Marine, Transition, Vessels

    BHP has partnered with Pan Pacific Copper (PPC) and Norsepower to look into the installation of a wind-assisted propulsion system onboard a combination carrier operating between Chile and Japan. At the moment, technical assessments are being carried out for the retrofit on-board the 53,762 DWT M/V Koryu, which is operated by Nippon Marine – a […]

  • JERA to collaborate with YCA and CF Industries on ammonia

    17 January 2023
    Business Developments & Projects, Collaboration

    Japanese energy company JERA has signed two separate Memorandums of Understanding (MoUs) with Yara Clean Ammonia Norge (YCA), a subsidiary of Norway-based Yara International ASA, and US-based CF Industries Holdings for potential collaboration for the joint project development and sales and purchase of clean ammonia. Under the MoUs, JERA agreed with YCA and CF Industries […]

  • REM Offshore founder buys Forland vessels

    24 October 2017

    Norway’s offshore vessel owner Forland Shipping will sell its fleet of two subsea vessels to Nord Vest AS, a company run by Age Remoy, founder of REM Offshore, a company that recently became part of Solstad Farstad. Forland has found itself in a tight spot as it has been unable to keep its vessels – […]

  • Floatel’s fourth flotel named in Singapore

    2 February 2015
    Exploration & Production

    Singapore’s Keppel FELS is on its way to deliver the fourth semi-submersible accommodation rig to Floatel International Ltd (Floatel) At a ceremony in Singapore, held on Saturday, January 31, the rig was named Floatel Endurance at the Keppel FELS yard. It will be deployed to work for Chevron in Western Australia in 2015 before proceeding to work […]

  • Drydocks World Holds Networking Event for Its Global Business and Commercial Agents

    3 June 2013
    Business & Finance

    Drydocks World & Maritime World recently hosted a meeting with its business & commercial agents who represent the organization’s interests in different areas overseas. The event was attended by a large number of agents who gathered to discuss the latest projects handled by the company and to understand the requirements for the future. Welcoming the […]

  • Norsepower: Wind Propulsion Cuts Fuel Costs

    1 June 2015
    Business & Finance

    Norsepower Oy Ltd. and Bore Ltd have repported a successful sea trial of Norsepower’s Rotor Sail Solution, a new wind propulsion technology for ships. The sea trials, verified by NAPA and supported by VTT Technical Research Centre of Finland, confirm fuel savings of 2.6% using a single small Rotor Sail on a route in the North Sea. […]

  • In focus: How international are decarbonization efforts?

    7 July 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Green Marine, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Transition, Vision

    In Europe, we have been seeing an increasing amount of climate change evidence that makes us reconsider our outfit choices every day and if (not) bringing an umbrella was the right thing. A not-so-snowy winter, no nice spring weather, a lot of summer rain in Southeastern and Central Europe, but very dry in the North […]

  • WoodMac: LNG regas capacity under construction at 10-year high

    2 September 2020
    Infrastructure, Market Outlooks, Outlook & Strategy

    The global LNG regasification capacity under construction could hit 144 million tonnes per annum in 2020, a 10-year high.

  • Tallink makes RoPax purchase amid COVID-19

    2 July 2020
    Business Developments & Projects, Infrastructure, Vessels

    Estonian ferry company AS Tallink Grupp has strengthened its fleet with the purchase of a roll-on/roll-off passenger (RoPax) vessel from compatriot firm Navirail OÜ.

  • SWEL: New Wave Energy Device Delivers Breakthrough Results (UK)

    8 May 2013
    Business & Finance, Equipment

    Sea Wave Energy Ltd. (SWEL) is a new-entrant renewable energy business, focused on the marine sector. It was established to exploit the intellectual property of its Waveline Magnet device, a wave energy converter that is the culmination of eight years’ research and development. In March 2013, the latest version of the Waveline Magnet, the 12 […]

  • China Overtakes Germany as Biggest Containership Nation

    2 March 2020

    Germany remains the world’s fifth-biggest shipping nation.

  • Egypt’s new gas discovery: Opportunities and Challenges

    10 September 2015

    After a tough year, the Egyptian government recently received some good news. Italy’s ENI announced that it has discovered the “largest ever” offshore natural gas field in the Mediterranean off the Egyptian coast.