5786 results found for 'matuku'

5786 results found for 'matuku'
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  • Frontline Thrives on Strong Tanker Market

    29 February 2016
    Business & Finance

    John Fredriksen-controlled oil tanker shipping company Frontline Ltd. has reported an increased net income of USD 124.3 million in 2015, compared to USD 86.2 million reached in 2014. Robert Hvide Macleod, Chief Executive Officer of Frontline Management AS, said that Frontline’s fourth quarter of 2015 was strong with net income attributable to the company reaching USD 58.6 million. […]

  • Fitch: Traffic Growth in Ports to Remain Muted

    23 June 2017
    Business & Finance

    Traffic growth in the ports sector is likely to remain well below historical levels for the foreseeable future, due to fundamental structural changes in the industry and global trade, according to Fitch Ratings. Global port traffic growth has slowed in recent years due to a mix of mostly structural factors, including a maturing container shipping […]

  • DSME Lays Keel for Petronas’ FLNG

    8 January 2014
    Infrastructure

    The keel laying process for PETRONAS’ first floating liquefied natural gas facility (PFLNG 1) has started this week, marking another significant milestone in the construction of the facility at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea.   The first block of the keel, the basic structure around which the hull […]

  • BP to discuss North Sea EOR programme at SPE Aberdeen

    21 April 2014
    Business & Finance

    Euan Duncan, Discipline Lead Reservoir Engineer at BP, will address SPE Aberdeen’s members and the wider public on 23 April, at a presentation covering how EOR works and the opportunities this technology presents when conditions are right. Duncan will discuss the BP North Sea EOR programme and lessons learned from water-alternating gas projects in the […]

  • IHC IQIP Invests in BLUE Piling Tech

    9 April 2019
    Business & Finance, Technology

    The Dutch IHC IQIP is investing in the BLUE Piling technology for driving the foundation piles of offshore wind turbines into the seabed. IHC IQIP has decided to join forces with Jasper Winkes, the developer of the BLUE Hammer, as it believes this technology “has a big future” and is a logical step in the further development and growth of offshore wind. […]

  • IHC IQIP Invests in BLUE Piling Tech

    9 April 2019
    Business & Finance, Technology

    The Dutch IHC IQIP is investing in the BLUE Piling technology for driving the foundation piles of offshore wind turbines into the seabed. IHC IQIP has decided to join forces with Jasper Winkes, the developer of the BLUE Hammer, as it believes this technology “has a big future” and is a logical step in the further development and growth of offshore wind. […]

  • Industry Initiates New Floating Wind Project

    19 July 2016

    A new joint industry project (JIP) between fourteen global partners has been launched to develop a Recommended Practice for the coupled analysis of floating offshore wind turbines. Standardisation is a key milestone to guide the industry towards the development of reliable floating wind turbines, said DNV GL, the project leader. Guidance includes setting up minimum requirements […]

  • Euroseas Acquires Panamax Bulker

    24 November 2016
    Business & Finance

    Greek owner and operator of dry bulk and container vessels Euroseas has signed a memorandum of agreement (MOA) with its compatriot shipping company Tri-Marine Shipping to purchase the M/V Capetan Tassos, a Panamax dry bulk carrier for around USD 4.4 million. The 75,100 dwt vessel, built at Japanese Hitachi shipyard in 2000, is expected to be delivered to […]

  • BW LPG Seals USD 150 Million Refinancing Deal

    6 February 2018
    Business & Finance

    BW LPG Limited has signed a USD 150 million loan agreement with a syndicate of lenders.

  • On portfolio optimization quest, Vår Energi offloads stake in North Sea oil field

    27 May 2024
    Business & Finance, Business Developments & Projects

    Vår Energi has set the wheels into motion to sell its interest in a field in the Norwegian sector of the North Sea, operated by Aker BP.

  • EY: European markets slip down RECAI rankings

    10 May 2016
    Business & Finance

    Almost without exception, European markets slipped down EY’s Renewable energy country attractiveness index (RECAI) rankings while less mature markets across Latin America, Africa and Asia continued their ascent, according to the latest edition of the report.

  • Port of Blyth bolsters decarbonisation strategy with new electric crane

    25 January 2022
    Business Developments & Projects, Equipment, Heavy lifting, Outlook & Strategy, Ports & Logistics, Transition

    In pursuit of decarbonisation, Port of Blyth has made a multi-million-pound purchase to acquire its first fully electric crane from Finnish manufacturer Konecranes.

  • Sound Energy wraps up LNG supply with Afriquia Gaz

    4 January 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    Energy transition company Sound Energy has completed the previously announced LNG sale and purchase agreement with Moroccan LPG distributor Afriquia Gaz.

  • Nokia firm delivers subsea tech for Equinor’s oil project

    3 November 2023
    Business & Finance, Business Developments & Projects, Equipment, Infrastructure, Innovation, Project & Tenders, Technology

    Alcatel Submarine Networks (ASN), part of Nokia, has delivered subsea control cable infrastructure for an Equinor-operated field recently brought on stream. ASN has supplied, installed, and pre-commissioned DC/FO subsea control cable infrastructure, which provides high electrical power and fiber connectivity to subsea production systems, for the Breidablikk development. Equinor has subsequently integrated the DC/FO solution […]

  • SEA Europe favors EU Maritime Fund as an opt-out alternative to shipping’s inclusion into EU ETS

    29 January 2021
    Authorities & Government, Environment, Regulation & Policy

    SEA Europe, a shipyards and maritime equipment association, supports the inclusion of shipping into the EU Emission Trading Scheme (ETS) as part of the EU Green Deal. However, the association said that the reduction of greenhouse gas emissions should be incentivised by internalising the external cost of these emissions. In line with this concept, SEA […]

  • Equinor and Polenergia submit CfD applications in Poland

    8 March 2021
    Business Developments & Projects, Project & Tenders

    Equinor and Polenergia have submitted applications for contracts for difference (CfD) for MFW Bałtyk II and MFW Bałtyk III offshore wind farms located in the Polish Baltic sea. The joint venture partners submitted the applications to the Polish Energy Regulatory Office in accordance with the Polish Offshore Wind Act under which up to 5.9 GW […]

  • MAN Energy Solutions’ Two-Stroke Business marks major milestone

    12 February 2021
    Environment, Equipment, Transition, Vessels

    MAN Energy Solutions’ Two-Stroke Business has surpassed 1,000 orders for Tier III-compliant, emission-reduction technology for its portfolio of MAN B&W-branded, low-speed engines.  Under the Tier III standard, NOx emissions must be reduced by approximately 75% when compared to Tier I engines. The Tier III requirements apply to all new-build vessels that are 500 GT and […]

  • Hapag-Lloyd behind order for 6 dual-fuel ULCVs at DSME

    22 June 2021
    Business & Finance, Vessels

    German liner major Hapag-Lloyd revealed it has hired the South Korean shipyard Daewoo Shipbuilding & Marine Engineering to build six dual-fuel containerships with a capacity of over 23,500 TEU. The shipbuilder disclosed the deal earlier today, without naming the company behind the order. The contract is worth KRW 1.1 trillion (about $1 billion).  Coupled with […]

  • TotalEnergies and Veolia to develop next-generation biofuels

    6 July 2021
    Business Developments & Projects, Research & Development

    French energy major TotalEnergies and ecological transition company Veolia will develop CO2-based microalgae cultivation to produce next-generation biofuels for the energy transition.

  • Pandion Energy Sells Duva Field Stake

    7 November 2019
    Project & Tenders

    Pandion Energy has agreed to divest its 20% stake in the Duva field through two transactions, one with PGNiG Upstream Norway and one with Solveig Gas Norway, each acquiring a 10% share in PL 636 and PL 636B. The Duva oil and gas field is located in the northern North Sea and was discovered in […]

  • Brazil: OSX Secures USD 500 Million for Construction of FPSO OSX 3

    14 March 2012

    OSX raised USD 500 million by issuing Senior Secured Bonds in the international market, the net proceeds of which shall be used for the construction of its FPSO OSX-3. The FPSO OSX-3 will have an oil production capacity of 100.000 bopd and a storage capacity of up to 1.300.000 bbls. The unit will be chartered […]

  • Singapore: Keppel Shipyard Holds Naming Ceremony for FSO Sepat

    24 July 2011

    Keppel Shipyard Ltd (Keppel Shipyard) is on track to complete the fast-track conversion of FSO Sepat, a floating production and storage (FSO) unit, for Bumi Armada Navigation Sdn Berhad (Bumi Armada). With a storage capacity of 500,000 barrels of oil, FSO Sepat will be deployed in offshore Malaysia for the development of the Sepat field […]

  • Coalition calls for collaboration on boosting LNG as fuel

    26 January 2017

    The industry coalition SEALNG said that it is crucial to understand the opportunities presented by the adoption of LNG as a marine fuel as well as to tackle the associated commercial barriers.

  • Sovcomflot completes $1.26 billion financing

    12 September 2016

    SCF Group, one of the world’s leading shipping companies, said that it has completed a series of financing transactions in the total amount of US$1.26 billion.

  • Statoil Secures Interests in Eleven Production Licences on Norwegian Shelf

    17 January 2012
    Business & Finance, Operations & Maintenance

    Statoil was awarded ownership interests in eleven production licences on the Norwegian shelf. Statoil will be the operator in eight of the licences. In this APA round (Awards in Predefined Areas), Statoil applied for more areas than has been the case in recent years, submitting a targeted application reflecting its new exploration strategy for the […]