140 results found for 'south timbalier'

140 results found for 'south timbalier'
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  • Hamburg Süd and UASC Forge Shipping Coalition

    24 September 2014
    Business & Finance

    United Arab Shipping Company (UASC) and Hamburg Süd, have signed a global cooperation agreement. The agreement came after a series of discussions focused on the companies’ respective customers’ business needs, key growth areas, and operational requirements. The need to address logistical imbalances was also a key driver behind the agreement, according to Hamburg  Süd. “This cooperation […]

  • Shell to pay millions to settle lawsuit over Gulf of Mexico oil spill

    10 July 2018

    Shell has reportedly agreed to pay $3.8 million for damages over a May 2016 oil spill, which resulted in about 1,926 barrels of oil discharged into the U.S. Gulf of Mexico. 

  • BIMCO: 2024 brings a whopping 41% surge in containership deliveries, beating 2023 record

    10 January 2024
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    In 2023, global shipyards delivered 350 new containerships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. The 2023 record is now likely to be beaten already in 2024, BIMCO announced. As 2023 saw a relatively low level of container ship recycling, new ships […]

  • Singapore: Keppel to Deliver Sixth Ultra-Deepwater Semi to Ensco

    12 December 2011
    Business & Finance

    Keppel FELS Limited is on course to deliver ENSCO 8505, the sixth of seven ENSCO 8500 Series® ultra-deepwater semisubmersible (semi) drilling rigs to Ensco safely, on time and within budget. The rig is expected to be completed in the first quarter of 2012 with zero lost-time incidents in over five million man-hours worked. Upon completion, […]

  • Singapore: Keppel Announces Delivery of Sixth Ultra-Deepwater Semi to Ensco

    11 December 2011
    Business & Finance, Project & Tenders

    Keppel FELS Limited is on course to deliver ENSCO 8505, the sixth of seven ENSCO 8500 Series® ultra-deepwater semisubmersible (semi) drilling rigs to Ensco safely, on time and within budget. The rig is expected to be completed in the first quarter of 2012 with zero lost-time incidents in over five million man-hours worked. Upon completion, […]

  • U.A.E: Unique Maritime Group Introduces Light Weight Taut Wire MK 15 B

    29 February 2012
    Business & Finance, Equipment

    Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers, announced today the introduction of the Light Weight Taut Wire MK 15 B to their rental pool inventory. The Light Weight Taut Wire Mk 15B is a position-reference system used extensively with Dynamic Positioning of vessels, which is designed to […]

  • Madagascar Commissioning Enhances African SAR Coverage

    15 December 2011

    A further key link in the plan to provide effective search and rescue (SAR) coverage off the coast of Africa has been established, with the commissioning of a search and rescue sub-centre that will operate in conjunction with the regional Maritime Rescue Coordination Centre (MRCC) in Cape Town, South Africa. The sub-centre, at Antananarivo, Madagascar, […]

  • UK: ABLE to Support Offshore Wind Strategy with Its Facilities

    5 August 2013
    Ports & Logistics

    The company planning to develop a £450million energy park on the Humber says the Government’s newly-announced strategy to strengthen the UK’s position in the offshore wind industry is dependent on providing the facilities which can attract major turbine manufacturers and their supply chains. Able UK is awaiting a decision from the Transport Secretary Patrick McLoughlin […]

  • Marine Energy at a Tipping Point?

    1 April 2015

    If you have been following the news in the wave and tidal sector recently, you cannot be blamed for thinking the sector is at a critical point. However, 2015 promises to be a year full of opportunities for the Dutch maritime industry. Siemens decided, after a strategic review, to sell off Marine Current Turbines: the […]

  • Drewry: Container Industry Stuck in Vicious Cycle

    3 April 2014
    Business & Finance

    Drewry’s 1Q14 Container Forecaster report highlights that the industry remains in an extended down cycle. This is being accentuated and extended by the constant delivery of new ships. The global cascade is now hurting the balance of the north/south trades. Some of these trade routes have also not lived up to expectations in terms of […]

  • Interview: South Africa Faced with Shortfall in Investment

    24 February 2016
    Business & Finance

    While still developing as a shipping hub, South Africa is well positioned to become a major centre for the shipping industry. World Maritime News spoke with Eric Barnard, Managing Director at GAC Shipping, about the current situation in the country’s port and maritime industry along with the major challenges it faces in this respect. GAC South […]

  • GSI wins another order for dual-fuel PCTC trio

    21 March 2023
    Green Marine, Outlook & Strategy, Transition, Vessels

    Guangzhou Shipbuilding International Co., a subsidiary of China State Shipbuilding Corporation (CSSC), has secured a contract for the construction of three dual-fuel vehicle carriers continuing its winning streak in the sector. The order involves the construction of three 8,600 CEU pure car truck carriers (PCTCs) that will be built for an unnamed shipowner from Asia. […]

  • Containership Scrapping to Pick Up in 2016

    18 April 2016

    Containership scrapping is expected to intensify in 2016 as charter market demand for Panamax ships is bound to remain muted based on the recent forecast from Drewry. Drewry bases its argument on the rising demolition prices for scrapping which were kept pretty low throughout 2015. Hence, the amount of scrapping halved in 2015 with only about 195,000 […]

  • Capital restoration work of Terrebonne Basin Barrier Islands wraps up

    22 July 2022
    Business Developments & Projects, Infrastructure

    The Louisiana Coastal Protection and Restoration Authority (CPRA) has announced completion of the Terrebonne Basin Barrier Island and Beach Nourishment project – the largest restoration by acreage completed by CPRA to date. According to CPRA, this capital development program restored 1,080 acres of barrier island habitat and 8.6 miles of beach in Terrebonne and Lafourche […]

  • AEMO: Eastern Australia facing gas shortages as LNG exports surge

    8 December 2016

    Eastern Australia could face natural gas shortages starting in 2018 as Queensland LNG exports move into full swing, the Australian Energy Market Operator said Thursday.

  • New Zealand: Port of Tauranga Posts Another Record Result

    21 February 2013
    Business & Finance

    Port of Tauranga today announced another record half year profit as it grew container traffic and bulk freight volumes, consolidating its position as the pre-eminent national freight gateway. Net Profit After Tax increased to $74.2 million from $34.6 million. This included a net gain of $35.0 million on the sale of our 50% share in […]

  • Dry Bulk Owners Keeping Their Cool Despite Tempting Newbuild Prices

    4 December 2015

    Dry bulk owners seem to be resisting the temptation of ordering new ships despite currently low newbuilding prices for dry bulk ships that have just passed the lows of 2012 and are now at the lowest level since 2003, according to BIMCO.  “The fact that ship owners have refrained from ordering new dry bulk ships despite the […]

  • Japanese shipbuilders to combine expertise in building greener vessels

    10 December 2020
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Innovation, Research & Development, Transition, Vessels

    Leading Japanese shipbuilders are joining forces in an initiative aimed at integrating accumulated expertise to design and build state-of-the-art ships compliant with the ever more stringent environmental regulations. The organization, named Planning and Design Center for Greener Ships, includes nine shipbuilders, and it will pursue the development of advanced environmental performance-enhancing technologies for the era […]

  • GSI wins deal to build three dual-fuel PCTCs

    13 March 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Guangzhou Shipbuilding International (GSI), a subsidiary of state-owned China State Shipbuilding Corporation (CSSC), has signed a contract with Guangzhou Yuanhai Car Carrier Transportation, COSCO Shipping’s joint venture, to build three 7,000 CEU pure car truck carriers (PCTCs). The dual-fuel car carriers will be able to run on LNG and conventional fuel. They will have a length of […]

  • Trinidad: BP sends Juniper platform to offshore location

    23 January 2017

    BP’s Juniper offshore platform has begun its journey towards the southeast coast of Trinidad where it will be installed as BP’s 14th offshore installation. BP says the $2 billion Juniper project is one of its largest start-up projects in 2017. The project is operated by BP’s subsidiary BP Trinidad & Tobago. “A little over two years […]

  • VV: Shipbuilding orders in 2020 down by 41% YoY

    19 November 2020
    Business & Finance, Outlook & Strategy, Vessels

    Ordering of new ships in 2020 has decreased by 41 percent when compared to the same period in 2019, data from UK-based vessel valuation agency VesselsValue shows. According to a chart listing this year’s ordering patterns, a total of 532 ships have been ordered so far this year, worth a total of $26.7 billion. A […]

  • Shipbuilding in dire straits: global ordering hit hard in H1 of 2020

    13 July 2020
    Business & Finance, Market Outlooks

    There has been a dramatic fall in the shipbuilding activity during the first half of 2020 as the COVID-19 pandemic curbed owners’ willingness to order new ships amid market uncertainties and restricted access to capital. Based on the data from VesselsValue, the number of ordered ships in the first half of 2020 has almost been […]

  • xChange: It Took Us About 2 Years to Be Taken Seriously

    10 September 2018
    Business & Finance

    xChange: Saving money and the environment by cutting the number of empty containers shipped.

  • Transmission charges a threat to UK green energy industry – Report

    26 May 2021
    Business & Finance, Business Developments & Projects, Infrastructure

    Britain’s energy regulators are putting billions of pounds of green infrastructure investment at risk by overseeing an energy market which favours EU energy imports at the expense of home-grown schemes, new research has shown. Electricity generators in the UK pay transmission charges for the cost of building and maintaining the network, set by the regulator […]

  • AAPA Puts Focus on Three Key Priorities

    11 October 2016
    Business & Finance

    The American Association of Port Authorities (AAPA) is focusing on three key priorities for the 2016 Water Resources Development Act, or WRDA, in advance of it being finalized by a House-Senate conference committee. The U.S. House overwhelmingly approved its version of the bill (H.R. 5303) on September 29 by a vote of 399 to 25, while […]