10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Westports Running Out of Terminals

    7 November 2014
    Business & Finance

    Malaysia’s Westports Holdings Berhad is planning to put in motion a USD 300 million “Container Terminal 8 Expansion Plan,” spurred on by increasing container volumes and high terminal utilization rates recorded in the first nine months of 2014. The company recorded a 12% surge in its container volume throughput to 6.18 million TEU in the first 9 […]

  • Oman Drydock Records Best Year to Date

    13 January 2014

    The Oman Drydock Company (ODC), one of the Middle East’s newest and biggest shipyards, is announcing its strongest year of trading. The shipyard undertook 75 drydockings and repairs in 2013 taking the total number to 190 since the yard which was opened in Duqm in Central Oman in 2011. ODC also saw staff numbers increase […]

  • Oman Shipping Company Takes Delivery of New VLCC DABA at HHI Yard

    10 January 2012
    Business & Finance

    Oman Shipping Company S.A.O.C. (OSC) took delivery of one of their latest Very Large Crude Carrier (VLCC) the DABA, at Hyundai Heavy Industries co. Ltd’s (HHI) Yard in Ulsan, South Korea on 6th Jan 2012. DABA has a 317,000 deadweight ton (DWT) capacity, is 333 meters length overall, 60 meter in beam and a design […]

  • CSS Olympia Launched at Liya Pingtan, China

    28 May 2013

    The launching of MAC Offshore’s Compact Semi-Submersible (CSS), CSS “Olympia” took place at the Liya Pingtan Shipyard, in Fujian Province, China, a yard managed by Fujian Mawei Shipbuilding, STX Marine (STXM) reported. The delivery of the vessel is due in Nov 2013 to CSS Olympia’s new owner Graal Invest of Brazil. In addition, STXM congratulated […]

  • Oceanteam Plans to Move Forward with Current Strategy

    25 April 2014
    Business & Finance, Operations & Maintenance

    Oceanteam Shipping ASA, an offshore shipping company, has released its annual report 2013. Haico Halbesma, Chief Executive Officer of Oceanteam Shipping ASA, stated in his letter: “2013 was a year of consolidation and operational focus for Oceanteam Shipping ASA. In addition, new opportunities were identified and followed upon, which resulted in particular in a large back log […]

  • Fincantieri Returns to Profit in 2016

    30 March 2017
    Business & Finance

    Italian shipbuilder and ship designer Fincantieri has managed to return to black in 2016 as the company recorded a profit of EUR 14 million (USD 15 million) for the full year, against a net loss of EUR 289 million (USD 310.4 million) seen in the previous year. Fincantieri’s revenues were up by 5.9% to EUR […]

  • Siemens Erects Fourth Substation in North Sea

    21 July 2014
    Storage

    Siemens has installed a fourth offshore platform in the North Sea, completing an important stage for grid connections of sea-based wind farms. This is the platform for the SylWin1 DC link, which is the most powerful of the four offshore wind power grid connections contracted to Siemens by the German-Dutch transmission grid operator TenneT between […]

  • More time in Nigeria for Yinson’s FPSO

    24 October 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Yinson has secured a short-term contract extension for an FPSO, which is carrying out operations in Nigeria for Addax Petroleum.

  • Norway: 22,000 new oil jobs by 2020

    10 March 2016

    The Norwegian Oil and Gas Association (Norsk Olje & Gass), a professional body and employer’s association for oil and supplier companies in Norway, has forecasted that 22,000 new oil jobs will be needed by 2020 in Norway.  According to figures from an independent research institute, IRIS, from 2018 to 2020 there will be 22,000 new […]

  • Zengzhou Shipbuilding Bags Five

    21 August 2014
    Business & Finance

    U.S.-based Marine Capital has placed an order for five 33,200dwt handysize bulkers with the Chinese shipbuilder Zhejiang Zengzhou Shipbuilding. The value of the contract has not been revealed, but the bulkers are expected to start delivery in October 2015 concluding in July 2016. Once delivered, the newbuilt bulkers will be operated by Bermuda owner Interlink. […]

  • Germany: Linde Operating Profit Up

    12 March 2012

    The technology company Linde Group once again saw profitable growth in the 2011 financial year, achieving its best ever figures for Group sales and Group operating profit. “We have become even more efficient overall and were able to achieve the targets we had set in full,” said Professor Dr Wolfgang Reitzle, Chief Executive Officer of […]

  • KSS Line Orders VLGC to Service New Gyxis Charter

    4 September 2015
    Business & Finance

    South Korean gas and chemicals shipping company KSS Line has ordered one very large gas carrier (VLGC) from Hyundai Heavy Industries to service a seven-year charter contract signed on September 4 with Japanese liquefied petroleum gas (LPG) importer Gyxis Corporation. The 84,000 cbm VLGC is priced at KRW 91.4 billion (USD 76.7m), and is due […]

  • Repairs of MCR Jetty System Set for Mid-February

    1 February 2018
    Business & Finance

    Starting from mid-February, the U.S. Army Corps of Engineers will be conducting repairs to the North Jetty at the Mouth of the Columbia River. The jetty, North Jetty Road and nearby parking lots will be closed to public access from Feb. 12 – Oct. 30, 2018 and March 17 – Nov.1, 2019. Benson and Waikiki […]

  • KSS Line Orders VLGC to Service New Gyxis Charter

    4 September 2015
    Business & Finance

    South Korean gas and chemicals shipping company KSS Line has ordered one very large gas carrier (VLGC) from Hyundai Heavy Industries to service a seven-year charter contract signed on September 4 with Japanese liquefied petroleum gas (LPG) importer Gyxis Corporation. The 84,000 cbm VLGC is priced at KRW 91.4 billion (USD 76.7m), and is due […]

  • Siphoning Incidents Nothing New?

    25 July 2014

    The trend of incidents involving siphoning of fuel/oil from product and oil tankers at sea is not new. Statistics for Jan-Jul of 2014 reveal that the occurrence of such incidents took place more frequently compared to the annual numbers reported in the past three years (2011-2013), piracy watchdog ReCAAP ISC said in a report.   […]

  • Fifth Season of Hudson River Dredging About to Start (USA)

    29 April 2014
    Business & Finance, Equipment, Technology

    The fifth season of environmental dredging in the Upper Hudson River will begin next month. This phase will continue through October in a 14-mile section of the Upper Hudson between Schuylerville and Stillwater, Saratoga County. Dredging began near Fort Edward, 40 miles north of Albany, in 2009, and GE’s contractors thus far have removed 70 […]

  • Ophir’s Fortuna FLNG FID spills over into 2018?

    23 November 2017
    Infrastructure, Project & Tenders

    Ophir will most likely not be making a final investment decision for its Fortuna FLNG project in Equatorial Guinea in 2017. Despite its recent claim it still expected the FID of the Fortuna project to be achieved in 4Q 2017, this now seems unrealistic. Namely, the company has now agreed a one-year extension to the […]

  • Top news, April 18 – 24, 2016

    24 April 2016
    Business & Finance

    Tidal Energy Today has compiled the top news from tidal and wave energy industry from April 18 – 24, 2016.

  • MMA Receives Offshore Marine Support Contract (Australia)

    16 October 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    The Directors of Mermaid Marine Australia Limited (MMA or Company) announce that the Company has been awarded a contract with Santos Limited in respect of the “Mermaid Ranger” for the provision of offshore marine support to Santos’ Modec Venture 11 (MV 11) floating production, storage and offloading (FPSO) facility in the Carnarvon Basin. The contract […]

  • Norway: Kongsberg Maritime’s Polaris Bridge Simulator Gets DNV Approval

    2 February 2012
    Business & Finance

    Kongsberg Maritime’s cutting-edge Polaris Bridge Simulator has received new DNV approval for the product category Bridge Operation Simulator, which includes notifications for training on integrated bridge systems including integrated navigation systems. The approval, which was awarded 18th January 2012 is according to the revised standards laid out in DNV – Standard for Certification of Maritime […]

  • Mermaid Marine Australia Secures FPSO Support Contract with Santos

    16 October 2012
    Business & Finance

    The Directors of Mermaid Marine Australia Limited announced that the Company has been awarded a contract with Santos Limited in respect of the “Mermaid Ranger” for the provision of offshore marine support to Santos’ Modec Venture 11 (MV 11) floating production, storage and offloading (FPSO) facility in the Carnarvon Basin. The contract is for a […]

  • Petrofac sells JSD6000 vessel project to China’s ZPMC

    24 April 2018

    Petrofac has signed an agreement to sell the JSD6000 derrick lay vessel project to Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC).

  • Busan Port Eyes 20 Million TEU Mark

    26 February 2015

    South Korea’s Busan Port handled all-time high 18.678 million TEUs in 2014, and once eight additional berths are added, the Busan Port Authority expects the container volumes to top the twenty million mark in 2015. The 2014 numbers represent a 5.6% increase on 2013 and are split between 9.25 million TEUs of local cargo (up 3.6%) […]

  • Oman Shipping Company Buys Ultramax Pair

    10 March 2020
    Business & Finance

    Oman Shipping Company has signed a deal to acquire two Ultramax vessels.

  • Thailand: Manora Field on Schedule for First Production in Early 2014, Tap Oil Says

    26 July 2011
    Business & Finance, Project & Tenders

    Tap Oil Limited provides the following update on its Manora Oil Development in the Gulf of Thailand. Tap’s Managing Director/CEO Troy Hayden said: “The Manora development is a highly significant project for Tap. It is expected to more than triple our existing reserves toward the end of 2011 and deliver production and revenue in early […]