Search results for: improvements

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A list of search results

  • 22 November 2011
    Business & Finance, Equipment, Research & Development

    ABB, the leading power and automation technology group, has announced that recent modifications to its Azipod propulsion unit frame design have seen hydrodynamic efficiency improved by more than two per cent. The modifications include a newly optimized Azipod fin shape and a new pod cap structure, called X-tail. The revised fin structure receives water flow […]

  • 22 September 2016
    Business & Finance

    Port Corpus Christi Commissioners have approved a Memorandum of Understanding with the U.S. Army Corps of Engineers for work performed prior to execution of a project partnership agreement for the Channel Improvement Project. With the MOU, Port Corpus Christi is able to conduct time-sensitive sampling work at the entrance of the Corpus Christi Ship Channel […]

  • 21 November 2017
    Business & Finance

    Although the third quarter of 2017 financially saw a significant improvement over the same quarter of 2016, the financial recovery is just marginal, according to SeaIntel Maritime Analysis. During the quarter, ten of the eleven carriers that have published their results recorded a positive EBIT/operating profit, with only Hyundai Merchant Marine (HMM) ending the quarter in the red. “While […]

  • 27 September 2011

    The Nam Trieu Shipbuilding Industry Corporation handed over the 260-TEU (twenty-foot equivalent unit) Nasico Ocean container ship to Nam … (vneconomynews) [mappress] Source: vneconomynews, September 27, 2011;

  • 26 January 2015

    One of the major cost elements in developing an offshore wind farm is to be found in the area of cabling and grid connection. There are significant costs incurred with the production of the inter array and export cables, their installation and the related connection activities ensuring the transfer of the energy produced to the […]

  • 10 November 2016
    Business & Finance

    Moderating vessel supply growth over the next few years, combined with a mild improvement in the outlook for seaborne trade, is set to enable a reduction on chronic overcapacity and so mark a recovery in the dry bulk shipping market, according to shipping consultancy Drewry. Capesize one-year time charter rates are expected to double over […]

  • 18 July 2014

    YouGov’s BrandIndex has ranked Carnival Cruise Lines the most-improved U.S. brand in consumer perception, or “buzz,” in its mid-year 2014 Buzz Rankings Report.   According to BrandIndex, Carnival’s change in consumer-perception score by mid-2014 was double the improvement level achieved by the company ranked second on the most-improved list. “Carnival not only brought its consumer […]

  • 23 April 2010

    Technologies has bagged a multi-year frame agreement with BG Norge, a subsidiary of BG Group, to provide subsea systems for offshore projects. The five-year contract includes provisions for two additional five-year extensions, according to a statement from FMC.

  • 3 March 2015
    Business & Finance

    Irish shipping and port activity rose by 7% in the fourth quarter of 2014 when compared to the corresponding period of 2013, according to the latest quarterly iShip Index published by the Irish Maritime Development Office (IMDO). The latest analysis also indicates that four of the five principal freight segments grew in the second quarter […]

  • 29 November 2012

    The Canal and River Trust has announced plan to make improvements to a number of weirs on the Regent’s Canal, making them even more efficient during periods of heavy rain. They are proposing to give the existing weirs crenulated edges, which will increase surface area and allow higher volumes of water to flow over them. […]

  • 26 October 2007

    On Thursday, October 25th, the Ministry of Petroleum and Energy invited the oil companies to nominate blocks and/or combinations of blocks that they believe should be included in the 20th licensing round on the Norwegian continental shelf. The deadline for submitting nominations is 12 noon, 15 Januray 2008.

  • 13 November 2014
    Business & Finance

    Norwegian shipping and tank terminal company Odfjell expects fourth quarter of 2014 to improve from the third quarter for its chemical tanker fleet amid a slightly stronger market.  The company also attributed the brighter outlook to contract renewals, lower bunker costs and a reduced cost base. With regard to terminals, Odfjel said it expects improved results […]

  • 7 August 2014
    Business & Finance

    Crude tanker spot rates in the second quarter of 2014 averaged approximately 20 to 30 percent higher compared to the same period of 2013, reflecting improving tanker market fundamentals and higher fleet utilization compared to the previous year, according to Tanker Investments Ltd. Since the beginning of the third quarter of 2014, Aframax and Suezmax spot […]

  • 21 February 2013

    Drewry’s latest Chemical Forecaster report highlights a significant change in the orderbook. Persistent fleet expansion far in excess of trade growth has persistently eroded utilisation rates, checked only by scrapping. The only good news is that current market conditions are making it harder to get credit for newbuild orders, which has led to a shrinking […]

  • 1 August 2016
    Business & Finance

    A committee, tasked with inspecting local assistance projects, has visited Nakhon Phanom to monitor progress in a canal improvement project, according to the National News Bureau of Thailand. This committee, led by Adm. Amorntep Na Bangchang, observed the dredging work at two community canals in Na Thom District and Vice-governor Pramual Mungmart briefed the committee members on […]

  • 1 April 2014

    Ceragon Networks Ltd. has been selected to design and build a high-capacity wireless backbone for India’s Oil and Natural Gas Corporation Limited (ONGC). The new network will be used to connect offshore and onshore sites and will replace existing VSAT infrastructure. Ceragon will provide its Evolution™ Long Haul solution along with a range of services […]

  • 21 November 2013
    Business & Finance

    Galileo, the multi-billion euro global navigation satellite system funded by the EU, will soon provide highly accurate and precise position measurements on Europe’s roads. But the primary mode of international trade – the maritime industry, responsible for nearly 90 percent of world trade – still relies on outdated technology with limited precision capacity at a […]

  • 20 February 2013
    Business & Finance

    Imtech Marine has upgraded and extended the coverage of its Global VSAT Network. In addition to its already extensive network, Imtech Marine can now offer VSAT coverage in the South Atlantic Ocean, between South America and Africa, an important area for the international maritime industry. Imtech Marine offers a reliable, cost effective and always-on broadband […]

  • 17 September 2013
    Business & Finance

    After touring the Port of Savannah Monday, Vice President Joe Biden called for expediting port improvement projects on the U.S. East Coast. U.S. Secretary of Transportation Anthony Fox, Senators Saxby Chambliss and Johnny Isakson, Congressman Jack Kingston, Atlanta Mayor Kasim Reed, and Savannah Mayor Edna Jackson accompanied the vice president on the tour. “I appreciate […]

  • 25 September 2013

    Governor Rick Scott and members of the Florida Cabinet yesterday approved $150 million in bond proceeds which will finance projects at Florida ports through the Seaport Investment Program. The Florida Department of Transportation (FDOT) has programmed $150 million in projects to receive bond proceeds for FY 2014 which will be issued by the Division of […]

  • 8 August 2014
    Business & Finance

    A seasonal increase in volumes for both shipping and logistics positively affected revenue for Wilh. Wilhelmsen ASA (WWASA) in the second quarter 2014. Adjusted for non-recurring items, operating profit amounted to USD 79m – a 46% increase quarter on quarter. For the second quarter, WWASA posted an operating profit of USD 57m, down 30% from […]

  • 28 February 2017
    Business & Finance

    Improvements to the boat docks at the 10th Street boat ramp, located in Centennial Park, are now underway, the City of Sarasota just announced. During the improvement project, the aging decking on the docks will be replaced with pressure treated composite lumber, which can withstand continual exposure to surf, rain, sun and wind. The project is […]