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  • 17 September 2014
    Business & Finance

    Capital Product Partners L.P. has secured one+one year charter employment for three of its Chemical/Product Tankers : M/T Avax, M/T Agisilaos and M/T Alkiviadis. The 36,760 dwt Alkiviadis has been chartered by CSSA S.A., a fully owned subsidiary of Total S.A., for one year (+/- 30 days) at a gross daily rate of USD 14,125. CSSA S.A. has the […]

  • 1 April 2014
    Business & Finance, Research & Development, Technology

    Rahul Goyal and Cassandra Mathews of KordaMentha Restructuring have been appointed Receivers and Managers of the wave energy development company, Oceanlinx. This appointment followed the appointment of David Ross and Brent Kijurina of Hall Chadwick as Administrators of the company. The Sydney-based company was in the process of installing what it claimed was the world’s […]

  • 13 June 2012

    In the dredging industry, there is no way around it: worldwide the Dutch are renowned for their dredging activities. Projects such as the Palm Islands in Dubai have struck the imagination of many. For our dredging special the Dutch Association of Dredging Contractors and CEDA, the Central Dredging Association, give us a look into this […]

  • 12 April 2013
    Business & Finance

    Yesterday Shell put two inland shipping tankers into use which run on LNG. The 110-metre long ships are ‘single fuel’: they only use one type of fuel, LNG. This not just a first for Shell in the Netherlands, but also for the inland shipping industry. From April 11 the two tankers will sail between Rotterdam […]

  • 27 August 2014

    BSEE and USCG representatives have visited Ohmsett oil spill response research center in New Jersey to witness a 42-foot long oil skimming vessel test.

  • 1 April 2008

    Triangle Petroleum Corporation reports that the board of directors has reviewed the Company’s portfolio of projects in detail and has elevated the 516,000 gross acre (806 square miles) Windsor Block in the Maritimes Basin to Triangle’s primary shale gas project. The Company has also elected to sell its 10,400 net acres in Conway County in […]

  • 29 August 2014

    The image depicts the process of installing the first offshore wind Suction Bucket Jacket on the DONG Energy Borkum Riffgrund 1 offshore wind farm. The installation has been conducted 37 kilometers off the North West coast of Germany, which is the culmination of an effort to overcome one of the key challenges offshore wind farms will […]

  • 24 November 2014
    Business & Finance, Equipment, Operations & Maintenance

    Pelamis has been unable to secure the additional funding required for further development of the Company’s wave energy technology. As a result of this the board has reluctantly moved to appoint an administrator to assess the options for securing the future for the business and employees of Pelamis. Pelamis recently received a strong endorsement for […]

  • 1 September 2011

    The American Association of Port Authorities (AAPA) is urging the United States Congress Joint Select Committee on Deficit Reduction… (portworld) [mappress] Source: portworld, September 1, 2011.

  • 4 July 2014

    Italian oil company Eni has put into operation its second major High Performance Computer system. The new supercomputer has an innovative approach based on the usage of accelerators to implement a so called “hybrid cluster architecture‘. It comprises 1500 IBM iDataPlex dx360 M4 nodes, built on more than 30,000 processing cores, each equipped with two NVIDIA Tesla […]

  • 7 October 2015
    Project & Tenders

    First gas from Statoil’s Aasta Hansteen field offshore Norway will come later than originally expected. The country’s energy ministry said Wednesday it had been informed by Statoil that the first production date from the deepwater field in the Norwegian Sea would be postponed due to delays in construction of the production platform. This means that […]

  • 4 January 2016

    British Columbia’s GHG act put into effect

  • 23 April 2014
    Business & Finance, Equipment, Technology

    A review of port-related dredging and associated environmental impacts in subtropical and tropical waters has been welcomed as an authoritative turning point in the debate surrounding management of the Great Barrier Reef Marine Park, announced Queensland Resources Council (QRC). QRC Chief Executive Michael Roche said the Ports Australia-commissioned expert analysis of recent dredging projects, including Cairns, […]

  • 6 June 2011
    Business & Finance

      Baltic Fuel Company Ltd. (BFC) on June 2nd put into service the TM-10, another bunkering tanker beefing up its fleet to 31 vessels, supplying bunker fuel in the waters of Big Port St. Petersburg, the company’s press service said. BFC purchased the tanker from a Russian shipowner this May. The ownership certificate of the […]

  • 17 May 2013

    Indonesian government today, May 17, launched a licensing round for 21 oil and gas exploration blocks, in an effort to improve chances of increasing the production of oil and natural gas nationwide. The authorities have classed 19 blocks as conventional and two as unconventional areas. Of the blocks offered, 17 are located in offshore areas, mainly in […]

  • 1 August 2012
    Business & Finance

    LGO today announces the sale of its minority interest in the offshore frontier Malta, Area 4 Petroleum Sharing Contract (PSC).

  • 31 May 2019

    The Beatrice offshore wind farm has produced 587.9MW of capacity, which represents the highest output from renewable sources in Scotland to date. According to Beatrice Offshore Windfarm Ltd (BOWL), the 588MW project reached the double milestone this week. To remind, the last of 84 Siemens Gamesa 7MW turbines at the Beatrice wind farm was commissioned in the […]

  • 30 May 2005

    IT was a disappointing day at the office for double Olympic gold medallist Shirley Robertson on her first outing at the Bell Lawrie Scottish Series. Injecting a bit of glamour into what is billed as Scotland

  • 7 June 2016
    Business & Finance, Operations & Maintenance

    Oslo-listed vessel owner Solstad has together with Norwegian industrial investment company Aker, and with support from its lending banks and bondholders, developed a financing plan which should strengthen its balance sheet. Namely, Aker will inject NOK 250 million in new equity and provide NOK 250 million in the form of a subordinated convertible bond, with maturity in 2021, […]

  • 14 May 2010

    There was never any plan to relocate the Penang Port nor has it been discussed in any Penang Port Commission (PPC) planning committee or board meeting, said its chairman Tan Cheng Liang. Stressing that the suggestion to move the port had only been a proposal during a recent PPC dialogue, she reassured port users and […]

  • 17 August 2015
    Business & Finance

    A £200,000 project to dredge Sharpness Dock and keep it open for business has revealed some unusual finds, as the port welcomes its largest ship in decades. The project has seen an estimated 10,000 tonnes of silt removed from the dock using a process called ‘cutter suction’ dredging. It’s also uncovered some unexpected items believed […]

  • 14 March 2016
    Business & Finance, Equipment, Operations & Maintenance

    Eni has started production from the Goliat field located in production licence 229, which is 85 kilometers northwest of Hammerfest in the Barents Sea offshore northern Norway. Goliat is the first oil field to come on stream in the Barents Sea and is being developed using a floating cylindrical production and storage (FPSO) concept. The platform […]