Search results for: perform

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  • 28 June 2006

    Today Concordia Maritime took delivery of Stena Performance, the forth vessel in the P-MAX series of total eight vessels. The vessel is as previously announced chartered for five years to the American oil company Amerada Hess Corporation. Concordia Maritime is an international tanker shipping company listed on the O List on the Stockholm Stock Exchange. […]

  • 4 February 2011

    Twizzle is the yard’s first yacht completely styled, inside and out, by the talented team of Redman, Whiteley Dixon – with interior décor from Todhunter Earle Associates. Naval architecture by Dubois Naval Architects represents another long-anticipated first for the yard; and she is also Royal Huisman’s first flybridge sailing yacht. After her summer 2010 launch […]

  • 5 May 2014
    Business & Finance, Operations & Maintenance

    The Kleven group delivered a strong financial performance in 2013, with an operating profit of NOK 172 million. ‘An operating profit of NOK 172 million is a solid result in the current market situation,’ said Ståle Rasmussen, CEO of Kleven. Turnover in 2013 was NOK 4.2 billion, a record high for the company. Kleven’s two […]

  • 15 August 2014
    Business & Finance, Equipment, Technology

    The 68th Independence Day was celebrated today at Dredging Corporation of India Ltd (DCI) corporate office. Capt. D. K. Mohanty, Chairman and Managing Director of Dredging Corporation of India Ltd congratulated all the employees and their family members for the improved performance for 2013-14 and stated that the company is expected to achieve Excellent MOU […]

  • 17 January 2014

    Royal Dutch Shell plc today updates on its expected 2013 results. Fourth quarter 2013 figures, which are expected to be published on January 30, 2014 , are expected to be significantly lower than recent levels of profitability, considering current oil and gas prices and the downstream oil products industry environment.   Shell’s fourth quarter 2013 earnings on a current cost […]

  • 25 March 2016
    Business & Finance

    Greek-based tanker operator Minerva Marine has upgraded its two chemical tankers, Minerva Leo and Minerva Tychi, with a vessel performance monitoring system that was installed by BMT SMART, a specialist fleet and vessel performance company of BMT Group.  Minerva Leo and Minerva Tychi are 38,911 dwt tankers built by South Korean shipbuilder Hyundai Mipo Dockyard in 2015 and […]

  • 6 February 2015
    Business & Finance

    The FY15 work plan that was released recently by the President Obama will provide additional funding of almost $7 million in operation and maintenance (O&M) for a range of the U.S. Army Corps of Engineers, Wilmington District projects (the District was originally allocated $48.4 million for FY 15 in O&M). For example, the Morehead City Harbor project […]

  • 18 August 2015
    Business & Finance, Equipment, Operations & Maintenance

    UTEC has, in collaboration with Teledyne Gavia, completed operational testing of features designed to optimize Autonomous Underwater Vehicles (AUVs) for commercial survey applications. UTEC Survey have been using the Gavia AUVs for a variety of projects around the world since 2010 and, since becoming part of the Acteon group of companies, they have become the single […]

  • 21 May 2012

    BMT Group Ltd, the international design, engineering and risk management consultancy, announced today that it has achieved robust financial results, despite another year of challenging economic conditions across much of the world. Revenues from continuing businesses rose 8% to £127m and underlying operating profits remained unchanged at £6.5m in the year to 30 September 2011, […]

  • 26 June 2015
    Business & Finance

    The US Senate Committee on Commerce, Science, and Transportation has approved the Ports Performance Act, intended to provide earlier warning of disruptions to various sectors of US economy following the recent nine month labor dispute at 29 West Coast container ports. This particular port slowdown has been cited as a cause of the anemic 0.2 […]

  • 13 January 2012

    ABPmer, a leading UK marine environmental consultancy, has delivered a strong performance in 2011 despite the continued challenging economic climate and increasing market competition. Much of the success has been underpinned by a sound business plan, clear marketing strategies to grow the customer base and targeted investment in research. ABPmer’s portfolio of projects to support […]

  • 15 May 2013
    Business & Finance

    Alliance Boats announced their first boat, the Alliance 9. Several years of research and development have gone into creating the multi-hulled Alliance 9 by renowned designer Adam Younger. The patent pending design promises to be smoother riding, more stable, faster and safer than any existing single engine boat of similar size in offshore conditions. The […]

  • 1 October 2012
    Business & Finance

    Russian Maritime Register of Shipping (RS) will perform survey of the Russian Navy training ship Smolny under repair. The relevant agreement was concluded between RS and JSC Rosoboronexport. The RS activities include survey of the ship’s hull, machinery, electrical equipment and arrangements under repair, participation in mooring and sea trials. The repairs will be performed […]

  • 29 November 2012
    Business & Finance

    Together with the MOD’s Defence, Science and Technology Laboratory and Scottish Enterprise, the Technology Strategy Board (TSB) is investing up to £8m in collaborative R&D and fast-track projects to deliver viable solutions for more efficient marine vessels. The Technology Strategy Board is looking for UK businesses – from inside and outside the industry – to […]

  • 28 September 2016
    Business & Finance

    The world’s first floating liquefaction unit Caribbean FLNG has completed its performance test at Wison Heavy Industry shipyard in Nantong, China. Wison Offshore & Marine said that this marks the first time in history that LNG has been produced onboard a floating facility. “During the 72-hour performance test, the excellent performance of the FLNG ensured all key […]

  • 18 March 2019

    High Speed Transfers’ (HST) new fast crew supply vessel HST Sofia is carrying out short trials offshore Turkey, where it is under construction at Damen Shipyards. According to HST, the trials are being conducted off the coast of Antalya before the vessel undergoes a week of testing ahead of delivery. Damen Shipyards floated out the newbuild vessel […]

  • 14 November 2014
    Business & Finance

    ASL Marine Holdings Ltd., an integrated marine company offering comprehensive services in shipbuilding, shiprepair and conversion, shipchartering and dredging engineering, reported revenue of S$68.5 million and net profit attributable to shareholders of S$3.0 million for the three months ended 30 September 2014. Total Group revenue of S$68.5 million for 1QFY2015 was 53.8% lower year-on-year (yoy) compared […]

  • 27 March 2012

    GAIL (India) Limited has set a target of transmitting 121.55 MMSCMD and marketing 85.75 MMSCMD of natural gas from domestic sources and through LNG route during Financial Year 2012-13 under the Annual Memorandum of Understanding signed with Ministry of Petroleum & Natural Gas for performance targets for the year 2012-13. The MoU provides for an […]

  • 28 November 2012
    Business & Finance

    DNO International ASA, the Norwegian oil and gas company, was recognized last night for its outstanding overall performance in regional exploration and production during 2012 at an awards ceremony hosted by Middle East Oil & Gas magazine in Dubai. The Company was represented by Magne Normann, Chief Operating Officer, who said, “I accepted the award […]

  • 24 September 2015
    Business & Finance, Equipment, Technology

    The U.S. Army Corps of Engineers, Detroit District, initiates a lakebed imaging study to determine changes near the New Buffalo, Michigan. Eleven scientists and engineers from the Detroit Corps office will converge on southeast Lake Michigan to conduct a two-week long lakebed imaging study. These measurements will be made in an effort to quantify the […]

  • 28 October 2014
    Business & Finance, Equipment, Operations & Maintenance

    Pipeline engineering specialist, STATS Group, has successfully completed a complex isolation of the Forties Pipeline System in the North Sea. STATS was contracted by Apache North Sea Ltd to safely isolate the Forties Pipeline System (FPS) so that subsea isolation valves (SSIV) and piping spools could be safely installed and leak tested, avoiding the need […]