10000 results found for 'fire'

10000 results found for 'fire'
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  • Drewry: Firm Demand to Drive Recovery in Dry Bulk Shipping

    2 August 2017

    Dry bulk shipping charter rates are expected to continue to recover with firm demand and controlled fleet growth, shipping consultancy Drewry said. In it latest report, Drewry has revised its charter rates forecast in the short term as the date to implement ballast water management systems (BWMS) has been postponed by two years, bringing down […]

  • Drewry: Asia-Med Prices to Remain Firm until Q4

    17 July 2017
    Business & Finance

    The westbound Asia-Mediterranean trade will witness firm prices until the fourth quarter of the year when the anticipated phasing in of larger ships will pressurise spot rates, according to shipping consultancy Drewry. Headhaul traffic in the first quarter 2017 was revised upwards so that it now shows growth of 5.6%, up from the original 3% […]

  • Qatargas Signs Five-Year LNG Supply Contract with Shell

    19 June 2017
    Business & Finance

    Doha-based liquefied natural gas company Qatargas has entered into a new sale and purchase agreement (SPA) to deliver up to 1.1 million tonnes of LNG per year to oil and gas conglomerate Shell for a period of five years. Under the terms of the agreement, which is scheduled to commence in January 2019, the company will […]

  • Höegh Autoliners Fined USD 21 Mn for Price-Fixing

    27 September 2017
    Business & Finance

    Norwegian car carrier Höegh Autoliners has reached a settlement with the US Department of Justice (DOJ) over price-fixing charges and will pay USD 21 million fine related to the US to Middle East exports. “The investigation, covering the period 2001-2012, has been concluded, and Höegh Autoliners has agreed on a settlement with the DOJ. Höegh […]

  • Canada Fines Another Ship for Non-Respect of Speed Limit

    15 September 2017

    Transport Canada has issued a CAD 6,000 penalty to the vessel Petalon for an alleged non-compliance with the temporary mandatory slow down introduced by the country to prevent further whale deaths.  As informed, the vessel owner has 30 days to pay the penalty or to ask the Transportation Appeal Tribunal of Canada to review the facts of the […]

  • UK: CTruk Bags Order for Five Vessels at Seawork 2012

    25 May 2012

    CTruk Boats, innovative UK shipyard on the east coast, has secured five new orders at Seawork 2012. The company will build the first CVenture40, which offers year-round utilisation for owner-operators, and four 19m multi-purpose catamarans (MPC). Andy White, Chairman of CTruk Boats, said, “These orders establish CTruk Boats as the leading, innovative UK shipyard and […]

  • Karoon hires ‘Olinda Star’ semi for Santos Basin blocks

    14 July 2014
    Business & Finance, Equipment, Project & Tenders

    Karoon has executed final agreements with members of the QGOG Constellation S.A. group for contracting the “Olinda Star” semi‐submersible drilling rig. The “Olinda Star” has been contracted to complete up to four wells in Karoon’s 65% owned and operated Santos Basin blocks, S‐M‐1037, 1101, 1102, 1165 and 1166. The rig contract consists of two firm wells […]

  • EOG Resources INC UK Hires Ocean Surf PSV

    5 April 2013

    EOG Recourses INC UK has awarded Ocean Surf a 7 well firm contract with start up end April/ early May 2013. The contract is expected to last approximately 300 days. Ocean Surf is trading the Spot market in UK sector.It is a Platform Supply Vessel, which has been converted to low NOx emission. EOG Resources, Inc. […]

  • Statoil awards steel wire rope contract to Otic Equipment

    27 June 2014
    Business & Finance, Equipment

    Norwegian Otic Equipment AS has signed a frame agreement with Statoil for the delivery of high performance steel wire rope for uses at Statoil’s offshore cranes. The agreement starts 1st July, and is for 4 years with an option for an additional 2 x 2 years. The deliveries will be based on high performance steel […]

  • Total hires Ensco DS-8 drillship for operations in Angola

    19 June 2014
    Business & Finance

    Ensco, a UK-based drilling contractor this week announced it has secured a lucrative deal for one of its drillships under construction.

  • Cruise Ship Fined for Violating Norwegian Fjords’ SOx Limit

    16 May 2019
    Business & Finance, Rules & Regulation

    Global Cruise Lines’ MS Magellan violated the legislation on fuel sulphur limits in the world heritage fjords.

  • Norway: Statoil Hires Songa Trym Semi-Submersible Rig

    11 July 2011
    Business & Finance

      Statoil has signed a new contract with Songa Offshore for hire of the rig Songa Trym, which will be used for exploration drilling on the Norwegian continental shelf (NCS). Statoil has signed a new agreement with Songa Offshore relating to rig hire for use on its exploration prospects on the NCS. The semi-submersible rig […]

  • Carnival Corp to Visit Port Everglades for Five More Years

    17 August 2016
    Business & Finance

    Miami-based cruise company Carnival Corporation & plc signed an addendum to one of its passenger terminal agreements, extending the contract through 2030 with an additional five years of sailings to and from Fort Lauderdale’s Port Everglades. The addendum builds on a 15-year agreement reached in 2010 with the Broward County Board of County Commissioners and furthers […]

  • Two Freight Forwarding Firms Settle on Price Fixing Charges

    11 July 2016
    Business & Finance

    Two final freight forwarding companies, which were sued for allegedly being involved in price fixing, have now reached settlements and agreed to establish a USD 53.5 million settlement fund. The companies in question are DHL Global Forwarding and Hellmann Worldwide Logistics, according to the law firms of Gustafson Gluek PLLC; Cotchett, Pitre & McCarthy, LLP; Lockridge Grindal Nauen P.L.L.P.; and […]

  • Scottish Wave Energy Firm Gets GBP 400K Boost

    3 March 2015
    Authorities & Government, Business & Finance, Technology

    Albatern, a wave energy company based in Scotland, has been supported with a GBP 400,000 investment from the Government’s Renewable Energy Investment Fund (REIF), administered by Scottish Enterprise. The funding will enable the company to complete verification of existing units and position it to commercialise and scale up their array based WEC – WaveNET, Scottish […]

  • Port of Oakland to Start Five-Year Record Run in 2018

    9 August 2017
    Business & Finance

    Californian Port of Oakland is anticipating a five-year run of record cargo volume beginning in 2018. By 2022, the port expects to handle the equivalent of 2.6 million 20-foot containers annually. The number would represent 8 percent more volume than the port has ever processed in a single year. The figures were unveiled in a Strategic […]

  • Japanese Car Carriers Reveal Financial Impact of EC Fine

    22 February 2018
    Business & Finance

    Japanese car carrier trio, K’ Line, NYK and MOL, comment on Europen Commission’s cartel fine.

  • DHT Holdings Enters Firm Contract for Three VLCC Newbuildings

    16 February 2014
    Business & Finance

    DHT Holdings, Inc. said on Friday that, with regards to the letter of intent announced on January 31, 2014, it has entered into firm contracts to construct three VLCCs at Hyundai Heavy Industries Co., Ltd. (“HHI”) in South Korea. The contract price is $97.3 million for each vessel, including $2.3 million in additions and upgrades […]

  • Trelleborg Hired to Help Port of Longyearbyen Berth Larger Ships

    30 June 2014
    Business & Finance

    Trelleborg’s marine operation has been awarded the contract to supply two MV1250 linked corner fender systems and nine MV750 side modular fenders to the port of Longyearbyen in Norway, through contractor A. Våge AS. The new fenders will be installed along the port’s Bykaia quay, allowing the quay to berth the latest ultra large container […]

  • Hull Based Law Firm Attends Seaworks 2011 (UK)

    13 June 2011

    A Hull UK based law firm whose long involvement with the local maritime industry has evolved to now include services for the offshore wind farm industry is exhibiting at Seawork 2011. Since it was established in the Port of Kingston Upon Hull in 1874, Andrew Jackson has been serving the ever changing and developing needs […]

  • Five players chasing carbon storage areas offshore Norway

    16 December 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Project & Tenders, Rules & Regulation, Storage, Transition

    Norway’s government has received applications from five companies for two areas associated with the injection and storage of CO2.

  • Furetank to complete Fure West LNG conversion by end 2015

    18 December 2014
    Vessels

    Furetank CEO Lars Höglund said the LNG conversion of Fure West will be completed by end 2015.

  • Wood teams up with software firm for technical and digital services

    10 January 2022
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, IT & Software, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Technology

    Wood has joined forces with FutureOn to provide an integrated technical and digital service to operators to tackle main net-zero challenges.

  • Norwegian energy giant hires DOF for subsea decommissioning work

    6 February 2023
    Business & Finance, Business Developments & Projects, Infrastructure, Project & Tenders

    DOF Subsea has secured an engineering, preparatory works, removal, transportation, recycling and disposal (EPRD) contract with Norwegian state-owned energy giant Equinor. The contract is for the Heimdal subsea decommissioning works and includes the recovery and disposal of approximately 2,000 tons of subsea equipment. Project management and engineering start immediately and shall be delivered by DOF’s expert […]

  • Minesto hires Leask Marine for Faroe Islands anchoring job

    10 March 2023
    Business Developments & Projects, Collaboration, Equipment, Operations & Maintenance, Outlook & Strategy, Technology

    Minesto has awarded a contract to Orkney-based marine services provider Leask Marine for the installation of a drilled foundation anchor for the first Dragon 12 tidal energy kite system in Faroe Islands.