1942 results found for 'cygnus'

1942 results found for 'cygnus'
Order results by

A list of search results

  • Greek Shipping Will Not Be Impacted by Election Results, UGS Chair Says

    11 June 2012

    The policies and strategy of Greek shipping will not be impacted by the outcome of the upcoming elections and, in spite of the challenges facing the country, the sector’s prospects are secure and commitment to Greece a given, said Theodore Veniamis, Chairman of the Union of Greek Shipowners, during the traditional UGS press conference of […]

  • Bergen Group disposes of Hanøytangen yard after all

    19 May 2015
    Business & Finance, Exploration & Production

    Bergen Group has now come to an agreement with Semco Maritime AS for sale of the rig service activity, and with Hellik Teigen AS and Hellik Teigen Eiendom AS for sale of the real estate at Hanøytangen. The parties have agreed to uphold the sales price of NOK 245 million ($32.8 million), as set out […]

  • World Steel Demand Expected to Grow

    12 April 2013

    The World Steel Association (worldsteel) released on April 11 its Short Range Outlook (SRO) for 2013 and 2014. worldsteel forecasts that global apparent steel use will increase by 2.9% to 1,454 Mt in 2013, following growth of 1.2% in 2012. In 2014, it is forecast that world steel demand will grow further by 3.2% and […]

  • Singapore: Dynamic Offshore Drilling Orders Jackup Rig from Keppel

    23 May 2011
    Business & Finance

    Keppel FELS Limited (Keppel FELS) has secured a contract with Vision Drilling Pte Ltd (Vision Drilling), a wholly-owned subsidiary of Dynamic Offshore Drilling Limited (Dynamic Offshore Drilling), to build its first KFELS B Class jackup drilling rig for US$180 million. Slated for delivery in 1Q2013, the rig will be able to operate in water depths […]

  • Cowes Week: Day 6 round up

    8 August 2008

    Sparkling sun, glistening seas and a decent breeze. The sixth day of Skandia Cowes Week showcased the best champagne sailing conditions, helping along the celebration of women in sailing on Liz Earle Ladies Day. Charles Dunstone and his crew on the TP52 Rio were in blistering form to win the New York YC Challenge Cup, […]

  • GLDD Posts Third Quarter Results

    5 November 2014
    Business & Finance

    Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of environmental and remediation services, today reported financial results for the quarter ended September 30, 2014. Chief Executive Officer Jonathan Berger stated: “Recently, we were low bidder on a record volume of bids, commenced construction […]

  • Set on diversifying energy sources’ geographic mix, Eni joins peers in posting bumper profits in 2022

    23 February 2023
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    After more than doubling its annual profit in 2022, Eni has unveiled a strategic plan forward, putting the diversification of energy sources’ geographic mix at its core.

  • Northern Lights, Yara seal binding CO2 transport and storage deal

    20 November 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Transition

    Norwegian-based ammonia player Yara International has signed a binding commercial agreement with Northern Lights, a CO2 transport and storage supplying JV created by energy majors Shell, Equinor, and TotalEnergies, which is expected to pave the way for the world’s first cross-border transportation and storage of CO2. The signing of the binding contract comes on the back of […]

  • Rystad: 2022 high-impact oil & gas drilling activity on track to yield ‘one of the most productive annual volumes’

    18 August 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    Rystad: Drilling success rate is set to rebound this year with the potential to result in one of the highest hydrocarbon volumes total on record.

  • Drop in recoverable oil resources could deal major blow to energy security, Rystad says

    6 July 2022
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    The drop in the total recoverable oil worldwide from last year’s figures represents another threat to global energy security, explains Rystad.

  • Vattenfall Shines More Light on Hollandse Kust Zuid 1 & 2 Win

    3 May 2018
    Business & Finance

    The industry has been waiting for Vattenfall to give out more information on its Hollandse Kust Zuid 1 & 2 zero-subsidy bid after the company won the Dutch tender in March, especially since Ørsted – world’s leading offshore wind developer and one of the first to have unsubsidised projects in the pipeline – decided to pass on bidding to build the offshore wind farm. 

  • CCS awards flurry of AIPs at Marintec for homegrown ammonia/methanol engines, and ship designs

    7 December 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Equipment, Green Marine, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    China Classification Society (CCS) has awarded dozens of Approvals in Principle (AIP) at this year’s China International Maritime Exhibition (Marintec China). The exhibition is one of the most authoritative B2B platforms for the international maritime industry and it has seen numerous business deals, shipbuilding orders, and new ship designs revealed and approved so far. CCS […]

  • After missiles hit Black Sea platforms, reports indicate fire still burning

    23 June 2022
    Environment, Exploration & Production, Safety

    Following an alleged missile strike on three platforms in the Black Sea, satellite images indicate the fire is still burning at the site.

  • UK’s Cairn Buys Norway’s Agora Oil & Gas

    3 April 2012
    Business & Finance

    Cairn announces the acquisition of Agora Oil & Gas AS (Agora) subject to regulatory approval, a private Norwegian company with non-operated, exploration, appraisal and development assets in the United Kingdom (UK) and Norwegian North Sea. The enterprise value of the proposed acquisition of Agora as at 1 January 2012 was $375 million (m), including $58m […]

  • Vattenfall Shines More Light on Hollandse Kust Zuid 1 & 2 Win

    3 May 2018
    Business & Finance

    The industry has been waiting for Vattenfall to give out more information on its Hollandse Kust Zuid 1 & 2 zero-subsidy bid after the company won the Dutch tender in March, especially since Ørsted – world’s leading offshore wind developer and one of the first to have unsubsidised projects in the pipeline – decided to pass on bidding to build the offshore wind farm. 

  • Kokarakis: Switching to alternative fuels is the key to CII compliance

    5 April 2023
    Collaboration, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    The most effective way of complying with the CII index and having a good rating is to utilize the emerging alternative, low and zero-carbon fuels, John Kokarakis, Vice President of Technology & Business Development Hellenic-BS-ME Zone at Bureau Veritas, said. Kokarakis was speaking at the 6th Annual Capital Link Cyprus Shipping Forum on Fostering Environmental […]

  • IMI champions $1.2 billion Global Maritime Fund, builds partnerships and know-how for full operations

    30 September 2022
    Business & Finance, Collaboration, Green Marine

    International Maritime Industries (IMI), the largest shipyard in the MENA region, has launched Global Maritime Fund (GMF), which aims to provide up to 100% financing for ships and rigs built at IMI’s yard in Ras Al Khair, Saudi Arabia. The independent fund, managed by Pelagic Partners, wants to become the world’s largest maritime fund, providing […]

  • BP to Extract More Oil with New Technology (UK)

    6 September 2012
    Business & Finance, Equipment

    BP and its coventurers are deploying for the first time a new technology that could significantly increase the amount of oil that can be recovered from the UK’s largest hydrocarbon resource. The Clair Ridge development, west of Shetland, UK, is the first sanctioned large-scale offshore enhanced oil recovery (EOR) scheme using reduced salinity water injection […]

  • Bergen Group disposes of rig-service yard in Norway

    13 April 2015
    Business & Finance, Exploration & Production

    Bergen Group has decided to divest the company’s rig-service activity at Hanøytangen. The total transaction price is set to NOK 245 million ($30.2 million). Sale agreements have been concluded with Semco Maritime AS for the operational activity and with Hellik Teigen AS for the real estate. The well-established industrial area at Hanøytangen outside Bergen has […]

  • Global Ports Acquires NCC Group

    30 December 2013
    Business & Finance

    Global Ports Investments PLC announced that the Group has recently completed the acquisition of 100% of the share capital of NCC Group Limited (together with its subsidiaries, NCC Group), in a transaction which was announced on 2 September 2013. The acquisition of NCC Group, the second largest container terminals operator in Russia1, strengthens Global Ports […]

  • South America to stay ‘key region for high-impact exploration’, Westwood says in 2023 outlook

    12 January 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy market research and consultancy firm Westwood reports, explaining that this is due to higher oil prices not having fed through into more exploration. South America is set to continue to be […]

  • Projections of peak oil, gas, and coal demand before 2030 deemed ‘extremely risky and impractical’

    15 September 2023
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    OPEC, a permanent intergovernmental organisation of 13 oil-exporting developing nations that coordinates and unifies the petroleum policies of its members, is convinced that the recent assertions about the fossil fuels – coal, oil, and gas – demand peaking before 2030 are not supported by “consistent and data-based forecasts.”

  • Nam Cheong 2Q Net Profit Up 83 Pct (Malaysia)

    13 August 2013
    Business & Finance

    Nam Cheong Limited , one of Malaysia’s largest Offshore Support Vessel builders, reported strong results performance with an 83% surge in net profit to RM41.1 million for the three months ended June 30, 2013 (“2Q 2013”), from RM22.5 million in the corresponding period last year (“2Q 2012”). Robust vessel sales boosted a revenue growth of 84% to RM275.3 […]

  • Sri Lanka: Colombo Dockyard Secures Construction Contracts for Two Passenger-Cargo Vessels

    1 September 2011

    Colombo Dockyard PLC riding a wave of success has outbid stiff competition from China, Thailand and Germany and has secured the contracts for the construction of two numbers 400 Passenger cum 250 Ton Cargo Vessels for the Administration of Union Territory of Lakshadweep, India. The contracts were signed on 27th August 2011 at Kochi between […]

  • Sri Lanka: Colombo Dockyard Secures Construction Contracts for Two Passenger-Cargo Vessels

    1 September 2011
    Business & Finance

      Colombo Dockyard PLC riding a wave of success has outbid stiff competition from China, Thailand and Germany and has secured the contracts for the construction of two numbers 400 Passenger cum 250 Ton Cargo Vessels for the Administration of Union Territory of Lakshadweep, India. The contracts were signed on 27th August 2011 at Kochi […]