Search results for: perform

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A list of search results

  • 3 September 2012

    Focus is on supporting more efficient ship designs and retrofit solutions for those in service. Lloyd’s Register has created a performance-optimisation service that will support ship-owners, builders and designers who are looking to develop solutions that offer more efficient performances for new and existing designs, and retrofits for ships in service. “We are looking at […]

  • 27 November 2015

    Mitsui O.S.K. Lines performed a tabletop drill on Wednesday based on a scenario in which an LNG carrier collided with another vessel in Tokyo Bay, leaving the vessel stranded with no steering and serious engine problems.

  • 8 September 2017
    Project & Tenders

    McDermott, an engineering, procurement, construction, and installation company, has installed the GOSP-3 electrical auxiliary platform for Saudi Aramco on the Marjan oil field off Saudi Arabia. McDermott said via social media channels on Thursday that its Derrick Barge 27 and Derrick Barge 30 recently installed the platform using a dual lift configuration. The work was performed […]

  • 24 October 2007

    In his report on the accounts for the year ended June 30, 2007, David Moorhouse, Chairman of Lloyd’s Register, has announced that Group income rose by 17% to £497 million with good growth in operating surplus, marking the fourth consecutive year of record performance.

  • 13 August 2013

    Singapore Technologies Engineering Ltd (ST Engineering) maintained a steady business momentum with revenue and earnings performance comparable to that achieved for the same period in 2012. The Group posted quarterly revenue of $1.59b, compared with the prior year revenue of $1.57b for the same period. Revenues for the Group’s Aerospace, Electronics and Land Systems sectors […]

  • 3 August 2017

    DNV GL surveyors have carried out the classification society’s first offshore drone survey on the semi-submersible vessel Safe Scandinavia in the North Sea. This 25,383 GT tender support vessel (TSV) is owned and operated by Prosafe, supporting Statoil’s drilling operations off the coast of Norway. Using camera-equipped drones, DNV GL’s drone pilots checked the TSV’s […]

  • 12 January 2018
    Ports & Logistics, Vessels

    Elengy, a unit of the French energy company and LNG player Engie, on Friday said it has performed its first transshipment of liquefied natural gas from an ice-class LNG carrier into a conventional carrier. 

  • 19 November 2013
    Business & Finance

    Dubai Maritime City Authority (DMCA) recently held an extensive meeting with the Dubai Shipping Agents Association to discuss key performance indicators of the maritime services industry and review the progress made on modernizing maritime legislation and regulations. The meeting also covered the application of new requirements for ensuring the management of marine operations in accordance […]

  • 4 February 2011
    Business & Finance

      Revenue of Rosneft rose by 35% in 2010 to USD 63.0 bln. The increase was due to higher prices for crude oil and petroleum products, and growth in volumes of oil production and refining. Revenue grew by 12% in Q4 2010 compared with Q3 to USD 17.4 bln, mainly due to higher prices for […]

  • 9 November 2011
    Business & Finance

    The Group’s profit was USD 371m (USD 1,671m) and return on invested capital (ROIC) was 4.8% (15.7%). Cash flow from operating activities was USD 2.1bn (USD 3.0bn). The majority of the Group’s businesses performed well and delivered good returns. The Group’s container and tanker activities continued to face difficult markets due to excess supply of […]

  • 28 July 2011

    The Union Minister for Shipping, Thiru G.K. Vasan, reviewed the performance of Chennai Port at the Port premises in Chennai recently. He also conducted a joint review of the Port connectivity projects relating to Chennai and Ennore Ports viz. Chennai Ennore Port Road Connectivity Project and Elevated Port Link to Maduravoyal with the representatives of […]

  • 26 October 2011
    Business & Finance

    BMT ARGOSS and International Paint announces the formation of a partnership that can deliver demonstrable and transparent improvements in performance, efficiency and environmental emissions for the global shipping fleet. By deploying International Paint’s world class fouling control coatings in conjunction with the BMT SMARTSERVICES system, ship owners and operators will be able to benefit from […]

  • 25 November 2011

    Irish tidal energy technology company, OpenHydro, has been honoured at the 2011 Ireland France Business Awards for their outstanding company performance in 2011 and promotion of bilateral trade and investment between Ireland and France. At an awards ceremony held in Paris, OpenHydro was selected as The Best Irish Company in France owing to its major […]

  • 8 August 2014
    Business & Finance, Research & Development, Technology

    Australian Renewable Energy Agency (ARENA) has announced $770,000 funding for Swinburne University of Technology to develop modelling on the performance of wave energy farms. The wave energy industry is emerging world-wide and there are few multiple device installations operating today. Predicting the best way to arrange future projects will help to better understand how different technologies […]

  • 29 August 2014
    Business & Finance, Operations & Maintenance

    BW Offshore announced its operating revenues for Q2 2014 amounted to USD 319.8 million, an increase of USD 82.5 million compared to USD 237.3 million in Q1 2014. The increase in operating revenues for the quarter mainly represent early termination fee for Azurite. The compensation for the early termination by Murphy West Africa Limited for […]

  • 27 August 2014
    Business & Finance

    Mojo Maritime’s HF4 has demonstrated stunning DP (Dynamic Positioning) performance and manoeuvring characteristics based on results of simulations recently undertaken. Mojo Maritime has concluded the design of the advanced DP system in collaboration with GE and Voith Turbo and it has been tested in DP simulations and ship-handling simulators respectively. These systems provide an accurate […]

  • 26 November 2012
    Business & Finance, Equipment, Project & Tenders

    Velocious, an oil and gas industry specialist in subsea intervention engineering and tooling, has been successfully contracted by Subsea 7, a global seabed-to-surface engineering, construction and services contractor, to provide ROV Tooling and services for the Gorgon Project in Australia. The contract involves delivery of offshore rated Hydraulic Power Units, industry standard Torque Tools, various […]

  • 11 October 2013

    Singapore LNG (SLNG) performed its first Vessel Cool-Down Service on 29 September following an agreement signed with MISC Berhad. This is the first agreement for Vessel Cool-Down Services that SLNG has entered into, and the first cool-down was performed on one of MISC’s LNG ships, the Seri Bakti. SLNG began commercial operations on 7 May […]

  • 17 January 2011
    Business & Finance

    Essar Oil Ltd (EOL) today reported revenues of Rs 13,809 crore for the quarter ended 31 December 2010, an increase of 21 percent compared to the corresponding quarter in the last financial year. Revenues were boosted by higher crude prices and the refinery’s record throughput. At Rs 827 crore, EBITDA grew by more than 263 […]

  • 8 October 2013

    The crew on board the Bourbon Peridot multi-purpose support vessel has launched a video of them singing the famous ‘Africa’ song. The video was made offshore Equatorial Guinea in West Africa. “Africa” is a song by rock band Toto, and one of the band’s most recognizable songs. It was included on their 1982 album Toto […]

  • 4 June 2015
    Business & Finance

    International classification society DNV GL and the Norwegian chemicals company Jotun signed a cooperation agreement to work on improving hull performance. The agreement brings together two performance management services, Jotun’s Hull Performance Solution and DNV GL’s ECO Insight solution, to collect and analyse data on hull degradation. Experts suggest that hull and propeller degradation accounts for up […]

  • 2 March 2011
    Business & Finance, Equipment

      Halliburton  announced today that it has integrated the drilling capabilities of several product service lines (PSLs) to deliver significant drilling performance gains and save operators millions of dollars in well costs. Halliburton’s Optimized Drilling Performance™ approach includes the delivery of a proprietary engineering workflow, an integrated suite of drilling applications that sit on the […]