Search results for: might

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  • 24 April 2013
    Business & Finance

    South Korean shipbuilders could see their first quarter earnings fall significantly compared to figures reported for the same period last year. While Hyundai Heavy Industries, the world’s largest shipbuilder, racked up an operating income of about US$405M in the first three months of the year, it is 53% down on the operating income reported a […]

  • 9 September 2014
    Business & Finance

    As this year’s SMM conference and exhibition in Hamburg is expected to be the largest so far, the same goes for the Holland Pavilion at the fair. Earlier today Monique van Daalen, Dutch Ambassador for the Netherlands in Germany has officially opened the Holland Pavilion at the international shipping trade fair in Hamburg. At the […]

  • 27 May 2016

    Malaysia’s OceanMight company has won a letter of award to work on an offshore platform for Talisman Malaysia. Ocean Might, an associate company of KKB will be responsible for the engineering, procurement and construction (“EPC”) for the Bunga Pakma Wellhead Riser Platform. According to a statement by KKB, the completion date for the Talisman platform […]

  • 28 May 2010

    Polish plans for an LNG port on the Baltic coast have been cast into doubt as the EU may withhold a 1.5 billion zloty (370 million euro) ple… [mappress] Source: thenews-polish radio, May 28, 2010;

  • 1 April 2012
    Business & Finance

    Korean engineering giant, Samsung Heavy Industries (SHI) after deciding to base its first offshore wind project at Methil in Fife, might increase its presence in Europe if it decides to open a research and development centre in Glasgow, The Herald Scotland informed. Namely, SHI confirmed to Nick Clegg that it was “actively considering” this step, […]

  • 30 March 2011

    A feathered stakeholder showed up at a presentation about offshore wind turbines in which one of the concerns addressed was–how do the…   By Brandie Jefferson (ellicottcity) [mappress] Source: ellicottcity, March 30, 2011

  • 18 August 2014
    Business & Finance

    Although the Caribbean market for Aframaxes has taken a precipitous tumble last week, other tanker segments have maintained healthy spot rates suggesting that vessel oversupply could be moderating in the general sense, Poten & Partners reports in their latest  ‘Tanker Opinions’. “Since ordering momentum continues, due in large part to a feeling that the market is coming […]

  • 20 March 2012

    The offshore wind industry has faced fears that its technology could be overshadowed by other forms of renewable energy generation such as tidal power, says a report by PWC. A survey was conducted about technological breakthroughs and their influence on offshore wind power over the next 20 years, and it showed that 63% of respondents […]

  • 18 February 2015
    Business & Finance, Operations & Maintenance

    Chatham Rock Phosphate (CRP) has said it is considering reapplying for a marine consent to mine phosphate nodules on the Chatham Rise seabed. The company said it has not committed to reapplying at this stage as it needs to have confidence the process and the law is workable and the decision makers are technically competent. […]

  • 9 September 2014
    Business & Finance

    KKB Engineering’s associate company, OceanMight Sdn Bhd has received a letter of award from 2H Offshore Engineering Sdn Bhd for the provision of fabrication, hook-up and commissioning services for Tanjong Baram Wellhead Platform. Contract sum is worth approximately 14.5 million Malaysian Ringgits ($4.5 million). The contract is expected to start this month, and scheduled fabrication completion is […]

  • 19 June 2007

    Port authorities in eastern Australia are concerned the grounded freighter, the Pasha Bulker, could break up in wild weather that is forecast to hit the region late on Tuesday. The weather bureau is warning of flash flooding and destructive winds with wind gusts expected to reach 125 kilometres per hour.

  • 5 November 2014
    Operations & Maintenance, Research & Development

    Despite the bad weather conditions the search continues for the Malaysia Airlines flight MH370, after it disappeared with 239 people on board during its March 8 flight from Kuala Lumpur to Beijing. The bathymetric survey work was completed on October 26 with more than 3000 square kilometres of the seafloor covered so far and might […]

  • 13 August 2014

    International Transport Workers’ Federation (ITF) President Paddy Crumlin has said that Barrow Island could be declared a Port of Convenience unless Chevron tempers its union-busting efforts in Australia’s offshore oil and gas sector. Chevron’s Gorgon LNG project has blown out from US$37 billion to US$54 billion due to the company’s ongoing mismanagement of the project. But […]

  • 10 July 2014
    Business & Finance

    The Royal Yachting Association (RYA) has expressed concerns that recently announced tidal current installations might pose a navigational hazard, particularly the one planned in Strangford Lough, Northern Ireland.   The Crown Estate has agreed seabed rights for six new wave and tidal current demonstration zones and five new wave and tidal current sites around the UK. […]

  • 18 February 2011

    Making  all the towers, turbines and other kit needed for an anticipated boom in wind, wave and tidal electricity has become one of the big… (economist) [mappress] Source: economist, February 18, 2011

  • 17 May 2013
    Business & Finance

    Bergen Group Fosen has notified Fjord Line about need of more time for testing of engines and other equipment before MS “Stavangerfjord” can be delivered. Fjord Line AS has therefore decided to postpone the first sailing with  “Stavangerfjord” from 21 June to 14 July. The company regrets the delay and the consequences this change has […]

  • 18 May 2018
    Business & Finance, Equipment

    KKB Engineering has been awarded a letter of award from Sapura Fabrication Sdn Bhd for the procurement and construction of wellhead deck, piles, and conductors.

  • 22 May 2019

    The offshore oil and gas industry is currently in a resurrection mode and is expected to keep growing, however, the annual growth rate in the global offshore oilfield services market will likely be halved after 2022, according to the energy intelligence group Rystad Energy.

  • 13 March 2014

    On Wednesday 1 April 2009, a Super Puma helicopter, owned by Bond Offshore Helicopters Limited, was flying over the North Sea, en route from the BP-operated Miller oil platform to Aberdeen, when it plunged into the sea killing all 16 people in the aircraft, 11 nautical miles (20 km) northeast of Peterhead, Scotland .

  • 21 June 2019
    Business & Finance, Equipment, Infrastructure

    Malaysia’s OceanMight has received a letter of award to supply a module related to the upgrade of Vestigo Petroleum’s two offshore facilities.

  • 17 May 2005

    Malaysia International Shipping Corp., the world’s biggest owner of liquefied natural gas tankers, said its fourth-quarter tripled to a record after it sold some ships and freight rates rose. Stockholders will be given a free share for each held.

  • 2 July 2018

    More more than 70 employees might be dismissed, the union says