Search results for: reports

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  • 22 January 2021
    Infrastructure, Ports & Logistics

    Imports of liquefied natural gas (LNG) into Japan increased during the last month of the year 2020.

  • 21 January 2021
    Business & Finance, Business developments & projects

    Australia’s Woodside Petroleum on Thursday reported a jump in revenue in the fourth quarter of 2020, as oil and gas prices increased.

  • 10 December 2020
    Business & Finance, Business developments & projects, Exploration & Production, Market outlooks, Outlook & strategy, Transition

    The world is on track to run out of sufficient oil supplies to meet its needs through 2050 unless exploration speeds up, Rystad Energy reveals.

  • 19 November 2020
    Business & Finance, Human Capital, Safety, Vessels

    German container shipping company Hapag-Lloyd reported that two of its vessels were facing delays amid COVID-19 infection cases among the crew. The two ships include CSL Manhattan, a 2005-built Panamax containership commercially controlled by Hapag, and Tsingtao Express, a 2007-built Post-Panamax containership owned by Hapag-Lloyd. “During redelivery from the previous charter there was one crew […]

  • 20 October 2020
    Business & Finance, Business developments & projects

    Qatar’s Nakilat, the world’s largest LNG shipper, reported a 23.6 per cent jump in the third quarter of 2020.

  • 5 October 2020
    Environment, Ports & Logistics, Regulation & policy, Transition

    In 2019 the Port of Los Angeles cut air emissions between 5% and 7% when compared with 2018 levels, the port said in a recently released study. The progress report shows that the port managed to cut nitrogen oxides emissions by 62% compared to its 2005-baseline, while sulphur oxide and diesel particulate matter remained down by […]

  • 8 September 2020
    Business developments & projects, Exploration & Production, Infrastructure, Project & Tenders

    Oil major Petrobras has completed the drill stem test in the area of the Jupiter discovery, located in the Santos Basin pre-salt offshore Brazil.

  • 31 August 2020
    Infrastructure

    Houston-based LNG exporter Cheniere Energy and Cheniere Energy Partners reported no significant damage to the Sabine Pass LNG facility as a result of Hurricane Laura.

  • 31 August 2020
    Business developments & projects, Project & Tenders

    Sempra LNG, a unit of Sempra Energy, its Cameron LNG project sustained minimal flooding and no catastrophic wind damage from Hurricane Laura.

  • 28 August 2020
    Business & Finance

    The Netherlands-based foundation manufacturer Sif Group is in exclusive negotiations for two new projects in the offshore wind sector. The company left the project names and other details undisclosed, however, it said one of them is in Europe, more specifically in the North Sea. For the European project, Sif would produce 70 Kton of structures, […]

  • 28 August 2020
    Business & Finance

    Denmark-based shipping company Hafnia has posted a net profit of $97.7 million for the second quarter of the year, claiming the best quarterly result in the company’s history despite uncertainties caused by COVID-19. The company’s net profit for the first six months amounted to $ 174.8 million with a total dividend of $ 77.2 million. ” […]

  • 12 August 2020
    Business & Finance

    Bladt Industries has noted a loss of DKK 42 million (approximately € 5.6 million) in its full-year 2019 results, but at the same time the company also reported a record-high order book and workforce increase. Namely, the company registered an extraordinary write-down of DKK 85 million (approx. € 11.4 million) related to a pending arbitration […]

  • 31 July 2020
    Environment

    The Scottish government will over the summer release five reports aimed at further informing the relation between seabird population and offshore wind projects. The goal is to inform new guidance on seabird population analysis and map how sensitive certain populations can be to potential offshore wind locations. Two of the reports have already been released, […]

  • 27 July 2020
    Business developments & projects, Infrastructure, Ports & Logistics

    Dubai-based port and terminal operator DP World recorded a slight decrease in container throughput in the first half of 2020, despite negative COVID-19 effects.

  • 21 July 2020
    Business & Finance

    Vattenfall’s results for the second quarter of the year show a decrease in net sales and underlying operating profit of its wind business, compered to the same period in 2019. The company posted the Q2 results on 21 July, stating that the decrease is due to lower wind speeds, lower electricity prices and lower availability, […]

  • 24 June 2020
    Business developments & projects, Innovation, IT & Software, Technology

    The team behind the Innovate UK-funded, two-year MIMRee (Multi-Platform Inspection, Maintenance and Repair in Extreme Environments) project has revealed breakthroughs achieved during its first year of running. The MIMRee project has made concrete steps toward reaching its ultimate goal of having an autonomous system capable of planning its own operational missions to offshore wind farms and […]

  • 23 June 2020
    Human Capital, Ports & Logistics

     An employee at Port of Corpus Christi Authority (PCCA), America’s top crude oil exporting port, has tested positive for COVID-19, the port authority announced, adding it expected to identify positive cases as testing for the virus started to ramp up. “The individual works in an office where there are minimal interactions with other employees and […]

  • 29 May 2020
    Human Capital, Vessels

    The International Chamber of Shipping is warning of reports of seafarers being denied medical evacuation or access to ports despite serious medical conditions, describing the practice unacceptable. “We’re receiving alarming reports of seafarers who are suffering from serious medical injury such as a stroke, be denied medical evacuation for over 4 days. This is simply […]

  • 20 May 2020

    Tanker owner and operator Frontline is joining its counterparts in delaying scrubber installations and availing of a lucrative tanker market. The company said that it would postpone scrubber installations on two VLCCs and two Suezmax tankers, due to the recent strength in freight rates and the concurrent decrease in fuel spreads between High Sulphur Fuel […]

  • 6 May 2020
    Business & Finance

    The ongoing COVID-19 pandemic affected Siemens Gamesa’s operations and commercial activity, leaving a € 56 million mark on the company’s profitability in its second quarter of the fiscal year 2020 (January–March). Siemens Gamesa adjusted its operations to employ COVID-19 health and safety measures, and applied new solutions to ensure operations continue. The latter included re-routing […]

  • 5 May 2020
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) today reported financial results for the quarter ended March 31, 2020. According to Lasse Petterson, Chief Executive Officer and President, the first quarter of 2020 was an exceptional quarter driven by strong project performance, resulting in net income from continuing operations of $34.0 million and adjusted EBITDA from […]

  • 31 March 2020
    Business developments & projects, Operations & Maintenance, Ports & Logistics

    Belgium’s Fluxys said Tuesday that its Zeebrugge liquefied natural gas terminal logged a record number of ship operations during the first quarter of this year. The LNG facility located in the port of Zeebrugge in total conducted 74 ship operations during the quarter with record monthly number of vessels arriving both in February and March. […]

  • 31 March 2020

    Belgium’s Fluxys said Tuesday that its Zeebrugge liquefied natural gas terminal logged a record number of ship operations during the first quarter of this year. The LNG facility located in the port of Zeebrugge in total conducted 74 ship operations during the quarter with record monthly number of vessels arriving both in February and March. […]

  • 26 March 2020
    Equipment, Project & Tenders

    Engineering solutions firm SengS said it has recently secured new contracts worth a combined £750,000. SengS has designed, manufactured and delivered various projects, including a containerised test unit for an Aberdeen-based oilfield equipment firm, allowing the execution of work scopes within the customer’s own facility. Further afield, SengS has kicked-off its first project in Spain […]

  • 23 March 2020
    Business & Finance

    Van Oord has reported a revenue of EUR 571 million in its offshore wind business unit in 2019, a 23.6% decrease compared to the EUR 706 million in 2018. Van Oord states that this decrease in offshore wind activities was driven by the smaller number and size of projects currently under construction. Overall in 2019, […]