10000 results found for 'progress'

10000 results found for 'progress'
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  • Singapore: ASL Marine Secures New Shipbuilding Contracts Worth USD 106.6 Million

    6 July 2011

      The Board of Directors of ASL Marine Holdings Ltd. announced that its wholly-owned subsidiary ASL Shipyard Pte Ltd has secured new shipbuilding contracts worth a total of approximately S$131 million (USD 106.6 million ) for the construction of eleven vessels: • Two units Emergency Response and Rescue Vessels • Nine units Anchor Handling Towing/ […]

  • Camouflage Painting of USS Fort Worth Completed

    1 July 2013
    Business & Finance

    The camouflage painting of USS Fort Worth (LCS 3) was completed at Naval Base San Diego graving dock June 28. Workers applied a paint scheme that differs from that used on Fort Worth’s sister ship USS Freedom (LCS 1). Freedom was painted earlier this year using a pattern based on a World War II-era design […]

  • Höegh Autoliners: First Aurora class vessel embarks on sea trials

    19 June 2024
    Infrastructure, Vessels

    The first of twelve multi-fuel Aurora-class vessels ordered by Norway-based shipping company Höegh Autoliners has left the shipyard for its first sea trial.

  • EnQuest ramping up gas output from asset off Malaysia

    9 May 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    EnQuest has inked a deal with Malaysia’s Petronas to boost gas production from a field located in shallow water offshore Malaysia.

  • d’Amico continues offloading MR tanker oldies to keep fleet young

    10 November 2021
    Business & Finance, Business Developments & Projects, Vessels

    d’Amico Tankers, operating subsidiary of Italian marine transportation company d’Amico International Shipping (DIS), has signed a memorandum of agreement for the sale of one of its oldest MR vessels to make place for eco ships in its fleet.

  • Construction begins on Ireland-France interconnector

    3 November 2023
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Construction works have commenced on the Celtic Interconnector that will link Ireland and France. The project is being developed by the Irish transmission system operator (TSO) EirGrid and its French counterpart Réseau de Transport d’Electricité (RTE). EirGrid reported today, November 3, that construction works on the cable route from Knockraha, in east Cork, had commenced […]

  • Kumul extends PNG LNG offer period to Santos

    26 December 2022
    Business & Finance, Business Developments & Projects

    Papua New Guinea’s Kumul Petroleum Holdings has extended the exclusivity period for the binding conditional offer made to Australian energy company Santos to acquire a 5% interest in PNG LNG for an asset value of $1.4 billion. The offer, which will now remain open until 30 April 2023, is conditional on Kumul obtaining waivers of […]

  • Aker BP gearing up to drill North Sea well

    1 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    Aker BP has received consent from Norway’s regulator for exploration drilling in the North Sea, using one of Saipem’s semi-submersible rigs.

  • UAE firm to convert multi-carrying vessel into cable-layer

    22 February 2023
    Infrastructure, Vessels

    UAE-headquartered P&O Maritime Logistics has unveiled plans to convert one of its multi-carrying vessels (MCVs) into a cable-laying vessel (CLV) that would be used to connect offshore wind farms with the mainland. The CLV will feature an ultra-shallow draft, engineering grounding capability, and a 4,000-tonne cable load capacity. Powered by alternative energy, it will be […]

  • Denmark’s first CO2 storage project to soon begin commissioning tests

    10 February 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Outlook & Strategy, Project & Tenders, Transition

    Offshore supply vessel Aurora Storm has left the Danish Port of Esbjerg towards the site of Project Greensand, allowing commissioning tests to soon begin at Denmark’s first CO2 storage project. According to the latest update from the project developer, Aurora Storm left the harbor in Esbjerg towards the Nini West field in the North Sea […]

  • RightShip strengthens digital ESG expertise with Thynk acquisition

    5 August 2022
    Business Developments & Projects, Green Marine

     Maritime risk management and environmental assessment agency RightShip is acquiring Thynk Software’s maritime tech business. The move builds upon close collaboration between the two companies on RightShip’s digital Platform in 2021. Big data and predictive analytics play a massive role in the ship vetting agency’s business, enabling owners to select greener and safer vessels. The […]

  • NEA Director and Danish Minister Meet in CNREC

    30 May 2014
    Authorities & Government, Business & Finance

    Mr. Liu Qi, Deputy General Director of National Energy Administration of China (NEA) and Mr. Morgens Jensen, Trade and Development Minister of Denmark had a meeting in China National Renewable Energy Center (CNREC) on April 25, 2014. Mr. Liang Zhipeng, the Deputy Director of New Energy Department of NEA, Mr. Wang Zhongying, Director of CNREC […]

  • Expanded Capacity Boosts Scandlines’ Earnings

    25 April 2018
    Business & Finance

    Scandlines managed to increase revenue and boost profitability in 2017 in line with the expectations for the year.

  • Italy: Mediterranean Oil & Gas Plc Seals Gas Sales Deal with Elettrogas

    22 June 2011
    Business & Finance

    The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focused producer, developer and explorer of oil and gas assets, announces that its subsidiary Medoilgas Italia SpA has signed a gas sales contract with the Italian utility Elettrogas SpA covering the entirety of the Company’s net gas production from the Guendalina gas field. […]

  • Norway: Noreco Cancels Sale of its Interests in Oselvar and Enoch Fields to Marubeni

    30 March 2011
    Business & Finance

      Norwegian Energy Company (Noreco) has chosen to terminate the agreement to sell Noreco’s interests in the Oselvar and Enoch fields to Marubeni Corporation (Marubeni). The agreement with Marubeni was entered into in September 2010. On 3 March 2011 it was announced that the buyer had not yet fulfilled the requirements applicable to a licensee […]

  • MISC Revenue Drops

    9 May 2014

    MISC, operator of one of the world’s biggest fleets of LNG carriers, said its revenue for the quarter ended 31 March of RM2,290.5 million was 3.7% lower than the RM2,379.5 million revenue of the corresponding quarter in 2013.  The reduction in the company’s revenue was attributed to lower value of outstanding progress billings from projects that […]

  • Viewport3 Adds New Investor

    4 December 2018
    Business & Finance

    An Aberdeenshire technology start-up company, Viewport3, has secured a five-figure investment from Tom Bryce, co-founder of Scopus Engineering, which was sold to the AMEC group in 2014. Following the investment Tom Bryce now owns a 15% stake in Ellon-based Viewport3. Viewport3 is a specialist provider of subsea scanning and photogrammetry services to the underwater sector. Richard […]

  • UK: New Investors to Help Aquamarine Power Market Wave Technology

    10 January 2013
    Business & Finance, Technology

    Aquamarine Power Ltd. plans to bring its technology to market by adding one or two new investors, who will provide funds and expertise to help the company achieve this goal, Aquamarine’s CEO Martin McAdam revealed to Bloomberg without giving further details on this subject. Aquamarine Power, with ABB, SSE and Scottish Enterprise as its major […]

  • UK: New Investors Help Aquamarine Power to Bring Wave Technology to Market

    11 January 2013
    Business & Finance, Operations & Maintenance

    Aquamarine Power Ltd. plans to bring its technology to market by adding one or two new investors, who will provide funds and expertise to help the company achieve this goal, Aquamarine’s CEO Martin McAdam revealed to Bloomberg without giving further details on this subject. Aquamarine Power, with ABB, SSE and Scottish Enterprise as its major […]

  • BG Group Gets USD 1.8 Billion Brazilian Loan

    1 March 2012

    BG Group of UK today said that it has received initial approval from the Brazilian Development Bank (BNDES) for up to $1.8 billion of long-term finance to fund part of the company’s interests in the pre-salt Santos Basin, offshore Brazil. Subject to further approvals and the completion of a final agreement, the funding facility will […]

  • Santos: GLNG starts production on schedule

    24 September 2015

    Australia’s Santos, the operator of the US$18.5 billion GLNG project, said that the venture started producing its first liquefied natural gas on Curtis Island, Queensland. LNG is currently being produced from Train 1 ahead of the first cargo, which is expected to be shipped to Asian markets in the coming weeks. Work on the second […]

  • The Netherlands: Smit Heavy Lift Europe B.V. profits from OCTOPUS-Onboard

    8 December 2010
    Business & Finance, Equipment

    After leasing Amarcon’s Portable Surveyor Box for several weeks, Smit Heavy Lift Europe B.V. decided to purchase OCTOPUS-Onboard for the installation on her Smit Taklift 4 vessel. Where the Portable Surveyor Box is used to monitor and advice in one-time-only projects, OCTOPUS-Onboard is a permanent centralized solution for wave and motion monitoring. In general it […]

  • USA: GreenMan Posts Fiscal Q2 2011 Results

    20 May 2011

      GreenMan Technologies, Inc., announced results for the three and six months ended March 31, 2011. Lyle Jensen, GreenMan’s President and Chief Executive Officer stated, “We made steady progress during the March quarter both tactically and strategically as we continue our transition to becoming a leader of non-invasive alternative fuel systems for aftermarket diesel engines […]

  • Registration Open for Digital Hydrography on the Maritime Web Conference

    17 September 2013
    Business & Finance

    Speakers from Denmark, Germany, France, UK and the US are among leading experts presenting seminal papers at the two-day Digital Hydrography on the Maritime Web conference at Southampton Solent University Conference Centre on 29-30 October. Organised by The Hydrographic Society UK and supported by the International Hydrographic Organization (IHO) and the International Federation of Hydrographic […]

  • UK: SSE Announces Full Year Results

    16 May 2012
    Business & Finance

    SSE announced its full year results for the year to 31 March 2012. Its renewable energy output came to a 3,206 GWh last year. It said that the progress at Greater Gabbard and Walney raised its net offshore wind capacity to 187MW. Lord Smith of Kelvin, Chairman of SSE said: “SSE has again delivered increases […]