1959 results found for 'cygnus'

1959 results found for 'cygnus'
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  • 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 – […]

  • 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 […]

  • 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.

  • China Overtakes Germany as Biggest Containership Nation

    2 March 2020

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

  • 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 […]

  • 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.

  • 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.

  • UK: Waveline Magnet Shows Good Results

    8 May 2013
    Research & Development

    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 […]

  • ExxonMobil’s 1Q earnings drop to $2.4B

    26 April 2019
    Business & Finance

    Exxon’s 1Q earnings drop 49 percent versus the prior year’s 1Q earnings of $4,65 billion.

  • Wartsila to Outfit Harvey Gulf’s New MPSV

    18 June 2013

    Wartsila, the marine industry’s leading 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 […]

  • Swedegas, Vopak Sign LOI on Gothenburg LNG Terminal

    20 June 2012

    A terminal for liquefied natural gas, LNG, could be completed in Gothenburg, the largest port in Nordic region, as early as 2015. This is the aim behind today’s signing of a letter of intent, stating that Gothenburg-based Swedegas and the Dutch company Royal Vopak are exploring the possibility to enter into a joint venture and […]

  • Noble Energy Reveals New Organizational Structure

    29 April 2013

    Noble Energy, Inc. today announced that it has enhanced its organizational structure to support the material growth it is anticipating over the next several years, as well as to continue the development of its senior leadership team. The new organizational structure has been designed to better align business units with common activities by taking advantage […]

  • EU & Namibia boost collaboration on sustainable raw materials and H2

    30 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Regulation & Policy

    European Commission (EC) President Ursula von der Leyen and President of Namibia Hage Geingob have endorsed the roadmap for the EU–Namibia strategic partnership on sustainable raw materials value chains and renewable hydrogen, supported by €1 billion in investments by the EU, its member states and European financial institutions. To remind, In November 2022, Namibia and […]

  • Subsea 7 and OHT combine to create pure play offshore wind company

    8 July 2021
    Business & Finance, Vessels

    Subsea 7 S.A. has agreed to combine its Renewables business unit with Norway’s OHT ASA. Subject to the customary approvals, conditions and relevant employee consultations, the combined company will be renamed Seaway 7 ASA and will initially retain OHT’s listing on Oslo’s Euronext Growth market, with a view to a future listing on Oslo Børs. […]

  • UK: Waveline Magnet Shows Good Results

    8 May 2013
    Research & Development

    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 […]

  • Wärtsilä Package for Harvey Gulf MPSV

    18 June 2013
    Equipment

    Wärtsilä, the marine industry’s leading 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 […]

  • Westwood: 2019 gas discoveries up and oil down on 2018

    14 August 2019

    High-impact exploration drilling activity increased substantially in the first half of 2019 with 51 exploration wells completed, compared to 36 in the same period in 2018, according to Westwood.

  • Temporary Works Design

    29 March 2019

    By Susanne den Hoed, HR Department at Temporary Works Design Temporary Works Design (TWD) is an ambitious and innovative engineering firm, working with major on- and offshore contractors to assist them with practical solutions for their wide variety of constructions and installation challenges. Specialized in the structural and mechanical design of custom installation equipment, TWD’s […]

  • North Sea operators fined amid crackdown on risks to UK’s net-zero and energy security

    19 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    UK’s regulator North Sea Transition Authority (NSTA) has fined EnQuest, Equinor, and Spirit Energy a total of £265,000 or $322,437.

  • European Shipowners Dumped Record-Breaking Number of Ships in 2012

    11 February 2013
    Business & Finance

      A record-breaking number of 365 ships were sent for breaking by European shipowners to the beaches of South Asia in 2012, according to a list released, Feb. 5th, by the NGO Shipbreaking Platform. This number represents a 75% increase from 2011, when 210 EU-owned ships were sent for breaking in India, Bangladesh and Pakistan. […]

  • UK: Graig, GMI Team Up to Provide Solutions for Problematic Shipping Exposures

    18 July 2012
    Business & Finance

    The Cardiff-based Graig Group has teamed up with Global Maritime Investments to provide shipping lenders with tailor-made solutions for problematic shipping exposures. Working together the two groups will provide lenders with workout solutions, safe havens and exit routes for distressed assets and underperforming shipping portfolios. The joint approach brings together the long-term ship management experience […]

  • A Record-Breaking Number of 365 Ships Dumped in 2012

    11 February 2013

    A record-breaking number of 365 ships were sent for breaking by European shipowners to the beaches of South Asia in 2012, according to a list released, Feb. 5th, by the NGO Shipbreaking Platform. This number represents a 75% increase from 2011, when 210 EU-owned ships were sent for breaking in India, Bangladesh and Pakistan. “Despite […]

  • EU Funds Two Spanish Floating Offshore Wind Projects with EUR 67.4 Mln

    9 July 2014
    Authorities & Government, Business & Finance, Research & Development, Technology

    The European Commission yesterday awarded €1 billion funding to 19 projects to fight climate change under the second call of the so-called NER 300 funding programme. The funding for the projects comes from revenues resulting from the sale of emission allowances in the EU Emissions Trading System. This makes the polluters the driving force behind developing new low-carbon […]

  • Govts Urged to Uniform Procedures ahead of Low Sulphur Switch

    19 June 2014
    Business & Finance

    Pressing challenges associated with the need for ships trading to Emission Control Areas, in North America and Europe, to switch to low sulphur fuel, and the serious implementation problems that will be created by the eventual entry into force of the IMO Ballast Water Management (BWM) Convention, were a hot topic at the last week’s […]

  • Guest column: Made For Each Other

    16 April 2019

    In the previous Newsflash Guest Column, Philippe Kavafyan, CEO of MHI Vestas Offshore Wind, shares his views on exploring the symbiotic relationship between offshore wind and hydrogen.