2652 results found for 'fyne'

2652 results found for 'fyne'
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  • Shell faces $4B fine for Bonga oil spill

    27 November 2014

    Nigerian parliament has brought a proposal under which oil company Shell should pay $3.96 billion for an offshore oil spill that occurred at Shell’s Bonga field in December 2011. According to Reuters, the parliament’s decision is non-binding and is only a suggestion for the government, which has the power to enforce it. The spill at the […]

  • UAE Fines Fuel Supply Company for Illegal Bunkering

    10 November 2015
    Business & Finance

    Dubai Maritime City Authority (DMCA) has taken legal action against a fuel supplying company for illegally conducting bunkering operations in Dubai waters. The company was fined for failure to obtain the necessary permissions and approvals in violation of Dubai government regulations, according to Dubai-based GAC. The height of the fine has not been reported. “Dubai […]

  • Chandris Fined for Illegal Oil Dumping off Texas

    28 October 2015
    Business & Finance

    Greek ship management company Chandris (Hellas) Inc. has been fined with USD 1 million for dumping oily waste into the waters off Texas and falsifying its oil record book. The company pleaded guilty to violations of the Act to Prevent Pollution from Ships on Tuesday in Corpus Christi federal court, the Associated Press reports. Chandris was ordered […]

  • Lamprell Handed £2.4 Million Fine by FSA (UK)

    18 March 2013

    Lamprell , a provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, confirms that it has concluded a settlement with the Financial Services Authority (“FSA”) in relation to the FSA’s investigation into the Company’s handling of inside information. As a result, the FSA has found that Lamprell […]

  • Iona signs Trent & Tyne gas fields agreement

    10 June 2014
    Business & Finance

    Iona has signed Transition Services Agreements with Wood Group PSN Ltd. and Senergy Wells Ltd. in support of the Company’s previously announced agreement to acquire Perenco’s remaining 80% operated working interests in the producing Trent & Tyne Gas Field licences in the Southern North Sea. These agreements cover work required to receive consent from the […]

  • BP Fails to Reduce Maximum Deepwater Horizon Fine

    20 February 2015
    Business & Finance

    The New Orleans District Judge Carl Barbier has ruled against BP’s appeal to lower the USD 13.7 billion maximum civil fine the company might pay for its involvement in the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, according to Reuters. Back in September, Judge Barbieri found BP guilty of gross negligence and willful […]

  • Klaveness to Pay $5 Mln Fine in ‘Cabu’ Case

    16 May 2014
    Business & Finance

    Cabu Chartering AS, a company indirectly owned by Torvald Klaveness, yesterday accepted a $5 million fine from the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (OKOKRIM), linked to commission payments to a broker during the period from July 2003 to March 2004. “The fine is related to matters that are […]

  • UK: Dredging to Bring Bigger Ships to Port of Tyne

    1 June 2011

    Ships and boats bigger and heavier than ever will soon be able to travel up the River Tyne.   (bbc) [mappress] Source: bbc, June 1, 2011    

  • DSME fined $13.8 million for unfair treatment of subcontractors

    30 November 2020
    Business & Finance

    The Korea Fair Trade Commission has fined Daewoo Shipbuilding and Marine Engineering (DSME) for unfair treatment of subcontractors by assigning low contract prices that were below labour cost. The Korean shipbuilding major has been hit with a KRW 15.3 billion ($13.8 million) fine. The fine relates to a period from 2015 to 2019 during which […]

  • Port of Tyne sets up clean energy park

    6 November 2020
    Ports & Logistics

    The Port of Tyne has launched a new green energy park which will be used as a strategic base for UK North East’s renewable energy sector. The Tyne Clean Energy Park will provide infrastructure catering for all renewable energy production needs, with a total of 200ha of land soon to become available within its perimeters, […]

  • Court fines Petrofac over bribes to secure contracts

    5 October 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Rules & Regulation

    Petrofac has been ordered by a UK court to pay a fine of about $105 million in sentencing related to seven historic bribery offences.

  • Transocean and Suncor fined over offshore fluid spill

    7 May 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    Canadian offshore petroleum regulator has fined Suncor Energy and Transocean over an unauthorized fluid discharge from a rig back in 2018.

  • Seabased fine-tuning wave-to-grid electrical system

    6 May 2021
    Business Developments & Projects, Collaboration, Equipment, Innovation, Outlook & Strategy, Research & Development, Technology

    Swedish wave energy company Seabased is optimising its electrical system that channels inputs from many generators, each absorbing power from different waves, into a single stream of electricity that is ready for the grid.

  • Owner Fined for Dumping Garbage in Great Barrier Reef

    22 July 2015
    Business & Finance

    The master and owner of the Hong Kong registered bulk carrier ANL Kardinia have been found guilty for illegally dumping garbage in the Great Barrier Reef Marine Park. The Townsville Magistrates Court fined One Armania Shipping Ltd and the master of ANL Kardinia on July 20 on one charge each of illegally disposing of garbage […]

  • EC Fines Offshore Cabling Cartel with EUR 302 Mln

    2 April 2014
    Authorities & Government, Business & Finance, Storage

    The European Commission has found that 11 producers of underground and submarine high voltage power cables operated a cartel, and has imposed fines totalling €301,639,000. Such cables are typically used to connect generation capacity to the electricity grid or to interconnect power grids in different countries. Large infrastructure and renewable energy projects such as offshore […]

  • San Rafael dredging company fined for leaks, disposal at sea

    16 August 2006

    San Rafael company has agreed to pay a $735,000 fine to settle a complaint charging it with dumping dredged material from its disposal vessels more than 200 times outside designated disposal areas of the Pacific Ocean. The U.S. environmental Protection Agency and the National Oceanic and Atmospheric Administration reached the out of court settlement with […]

  • MCA: Captain of Russian Tanker Fined over Safety Failures

    15 June 2018
    Business & Finance

    Captain of tanker Tecoil Polaris was fined over GBP 25,700 for breaching the International Safety Management Code.

  • UK: Port of Tyne Posts Best Ever Financial Results

    11 May 2012

    The Port of Tyne yesterday announced its best ever financial results. A massive rise in the volume of cargoes coming in and out of the River Tyne resulted in the Port’s turnover increasing by almost a third to £60 million and profit more than doubling to £9 million. This financial performance is the best in […]

  • Report: Carnival Faces Fine for Cruise Ship Pollution in France

    11 October 2018
    Business & Finance

    Carnival faces an EUR 100,000 fine in France after being accused of exceeding European air pollution limits.

  • Two Greek Firms Fined for Dumping Oil in Texas Ports

    29 November 2018
    Business & Finance

    Greek companies pleaded guilty to discharges of oil into the waters of Texas ports by their oil tanker.

  • Wood Group fined in deadly offshore platform fire case

    24 February 2017

    The U.S. Department of Justice (DoJ) on Thursday ordered Wood Group PSN, a Houston-based division of an oil and gas services company Wood Group, to pay $9.5 million in two separate cases involving its conduct in the Gulf of Mexico. Specifically, Wood Group PSN was ordered to pay $7 million for falsely reporting over several years […]

  • UK: A&P Group’s Tyne Yard Claims Magnificent Double

    26 August 2011

    To play a part in building one flagship of the UK fleet is an achievement – but 18 men involved in the construction of the new aircraft carrier at A&P Group’s Tyne yard can now claim a magnificent double. The skilled squad have the distinction of helping to build Britain’s new aircraft carrier, HMS Queen […]

  • UK: A&P Tyne Wins Repair Contract for DSV Seawell

    11 October 2011

    Workers at a South Tyneside yard have welcomed a vessel for the second time this year. Seawell is visiting A&P Tyne, at Hebburn for vital repairs, due to take several weeks. The contract comes just days after the arrival of Acergy Petrel for a repair contract set to last a fortnight, in what is the […]

  • UK: Port of Tyne Takes Big Steps toward Renewables

    24 January 2013
    Ports & Logistics

    The Port of Tyne is stepping up the pace in the race to provide clean, green renewable fuels for the future with £180m investment plans for its south bank estate in South Tyneside. On the back of several years of record growth, the Port has focussed its business strategy for further growth on renewable energy […]

  • Ionian Management slapped with $250,000 fine for air pollution in the US

    7 November 2022
    Authorities & Government, Environment, Green Marine, Regulation & Policy, Rules & Regulation, Vessels

    Ionian Management Inc., a New York-based ship manager, was sentenced in the District of the Virgin Islands after pleading guilty to a violation of the Act to Prevent Pollution from Ships. The company was sentenced to pay a fine of $250,000 and placed on probation for one year. Specifically, between January 2017 and July 2018, […]