Search results for: despite poor

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  • 27 August 2014
    Infrastructure

    Nick Cooper, CEO, commented: “The Tonel North-1 result has slightly reduced the size of the Tonel field but this remains a commercial asset within the overall 2.5mmtpa FLNG project.”

  • 21 April 2015
    Business & Finance, Equipment, Operations & Maintenance

    Houston-based well intervention and robotics specialist, Helix Energy Solutions, recorded earnings of $19.6 million, or $0.19 per diluted share, for the first quarter of 2015 (Q1 2015) compared to earnings of $53.7 million, or $0.51 per diluted share, for the same period in 2014. In the fourth quarter of 2014, the company reported earnings of $8.0 million, or […]

  • 31 March 2017
    Business & Finance

    Korea’s shipping company Pan Ocean recorded USD 83 million in profit for 2016, more than doubling its profit posted a year earlier that came at USD 34 million. The profit surge was recorded despite poor dry bulk market. However, the company expects the market to revive as more bulkers are projected to be phased out […]

  • 16 June 2014

    Lump sum payments are about flexibility, efficiency, productivity and the more intelligent use of time at sea. They are a benefit to wind farm operators and service suppliers alike No unexpected surprises The lump sum payment system has many advantages. It gives operators budget certainty, no financial shocks and the guaranteed completion of an agreed […]

  • 8 October 2014
    Business & Finance

    Maersk held ‘The Future of Global Trade’ symposium at its headquarters in Copenhagen on Tuesday, October 7, 2014. Simon Baptist, Chief Economist and Asia Regional Director at The Economist addressed the state of the global economy, regional powerhouses, stagnating markets as well as future drivers of global growth. Referring to Europe as the “sick man” of the […]

  • 1 August 2019

    Three workers died and at least six were injured following a toxic gas leak at a shipbreaking yard in Bangladesh.

  • 25 July 2014
    Business & Finance, Equipment, Technology

    Queensland is just a few years away from using up its existing coal export capacity according to latest port data. Addressing a Central Highlands Development Committee breakfast in Emerald, Queensland Resources Council Chief Executive Michael Roche said data from Queensland’s coal port operators show that exports totalled a record 209 million tonnes in 2013-14. “This […]

  • 21 January 2014

    Wood Mackenzie’s annual UK upstream oil and gas review concludes that 2013 was a mixed year for the industry. Capital investment continued to increase, however, this was set against the backdrop of project delays, production underperformance and poor exploration success. However, Wood Mackenzie says there are promising new fields due onstream and an increase in […]

  • 10 January 2013
    Business & Finance

    Wood Mackenzie’s annual UK upstream review concludes that continued high oil prices and fiscal engagement between the UK Government and industry have given companies the confidence to invest in the UK. However optimism generated by high levels of capital investment and M&A activity has been dampened by poor exploration and production performance in 2012. Wood […]

  • 28 October 2011

    The Danube, Europe’s second longest river, is one of the most poorly navigable rivers on the continent. Despite the EU’s Danube Strategy, th… By Marloes de Koning (presseurop) [mappress] Source: presseurop, October 28, 2011

  • 7 August 2015
    Business & Finance

    Rating agency Standard & Poor’s has affirmed investment-grade credit rating of  A+ with a stable outlook for Canada’s Halifax Port Authority.  The stable outlook reflects the agency’s view of the authority’s prudent financial management to date and the expectation that it will not issue significantly more debt in the next two years than it assumes in its current […]

  • 7 August 2015
    Business & Finance

    Rating agency Standard & Poor’s has affirmed investment-grade credit rating of  A+ with a stable outlook for Canada’s Halifax Port Authority.  The stable outlook reflects the agency’s view of the authority’s prudent financial management to date and the expectation that it will not issue significantly more debt in the next two years than it assumes in its current […]

  • 6 January 2015
    Business & Finance

    Container shipping profitability is expected to improve in 2015, despite record vessel deliveries, driven by lower unit costs, according to the latest edition of the Container Forecaster, published by shipping consultancy Drewry. The global fleet is expected to grow 7.2% in 2015, a faster pace than demand which is forecast to expand at a more […]

  • 17 December 2018
    Business & Finance

    Moody’s: Panama Canal Authority’s A2 long-term rating has been reaffirmed with a stable outlook.

  • 29 November 2012

    Despite talks of capacity overload and poor market conditions, new ship orders are still coming in. Following in the footsteps of JO Tankers that placed an order of two Stainless Steel Chemical Tankers with Nantong Mingde Heavy Industry last week, an Italian shipping group Grimaldi also decided to add new units to its orderbook, according […]

  • 29 November 2012

    Despite talks of capacity overload and poor market conditions, new ship orders are still coming in. Following in the footsteps of JO Tankers that placed an order of two Stainless Steel Chemical Tankers with Nantong Mingde Heavy Industry last week, an Italian shipping group Grimaldi also decided to add new units to its orderbook, according […]

  • 8 October 2015

    Ports in Yemen remain open despite continuation of fighting between Houthi rebels and Saudi-led Coalition forces, but port operations are experiencing difficulties due to the poor infrastructure after bomb damage and neglect, according to the latest update from global maritime security company Mast.   “Aden is in the best condition. The refinery has reopened and cargo […]

  • 8 October 2015

    Ports in Yemen remain open despite continuation of fighting between Houthi rebels and Saudi-led Coalition forces, but port operations are experiencing difficulties due to the poor infrastructure after bomb damage and neglect, according to the latest update from global maritime security company Mast.   “Aden is in the best condition. The refinery has reopened and cargo […]

  • 3 October 2018
    Business & Finance

    Drewry: Unease among global shippers/BCOs and freight forwarders rising ahead of IMO’s 2020 rule.

  • 8 April 2015

    This weekend, Mojo Maritime successfully completed the installation of cable protection works off the North Cornwall coast. The operation consisted of accurately placing rock filled filter units from the DP2 vessel Stril Explorer to create a protection berm for the Wave Hub 33KV export cable. The filter unit consists of a CE approved fibre mesh […]

  • 8 April 2015
    Business & Finance, Equipment, Operations & Maintenance

    This Easter Weekend has seen Mojo Maritime successfully complete the installation of cable protection works off the North Cornwall coast. The operation consisted of accurately placing rock filled filter units from the DP2 vessel Stril Explorer to create a protection berm for the Wave Hub 33KV export cable. The filter unit consists of a CE […]

  • 7 October 2014

    The Supreme Prosecutors’ Office (SPO) of South Korea has disclosed the findings of its investigation into this  April’s Sewol ferry disaster, saying that several factors had led to the sinking, including an illegal remodelling of the ferry to increase the cargo load,  cargo overloading, and the steersman’s poor helmsmanship, Yonhap News Agency reports. The SPO also […]