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Business & Finance

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Eco Wave Takes Part in UN Climate Change Forum
Business & Finance

Eco Wave Takes Part in UN Climate Change Forum

Eco Wave Power Presented its wave energy technology to world leaders, signed the Caring for Climate Business Leadership Criteria on Carbon Pricing and made a commitment to the United Nations to establish a wave energy power plant in Gibraltar by the End of 2015, as part of this forum. Eco Wave Power

about 12 years ago
Eco Wave Takes Part in UN Climate Change Forum
Business & Finance

Eco Wave Takes Part in UN Climate Change Forum

Eco Wave Power Presented its wave energy technology to world leaders, signed the Caring for Climate Business Leadership Criteria on Carbon Pricing and made a commitment to the United Nations to establish a wave energy power plant in Gibraltar by the End of 2015, as part of this forum. Eco Wave Power

about 12 years ago
GMS bags long term contract for ‘Pepper’
Business & Finance

GMS bags long term contract for ‘Pepper’

Gulf Marine Services has secured the first contract award for its new enhanced Small Class vessel, the Pepper.

about 12 years ago
China Lifts Foreign Investment Restrictions in Shanghai Free-Trade Zone
Business & Finance

China Lifts Foreign Investment Restrictions in Shanghai Free-Trade Zone

Chinese government is set to ease restrictions on foreign investments in a number of industries, including the shipping sector, in Shanghai’s free-trade zone, The South China Morning Post reports. Earlier this month China’s Premier Li Keqiang’s said that market forces ”would be allowed to play a dom

about 12 years ago
Readers’ Picks of the Week (Sep 22-28, 2014)
Business & Finance

Readers’ Picks of the Week (Sep 22-28, 2014)

Radioactive SUV Found Aboard Carrier in Vladivostok Customs officials at the Russian port of Vladivostok held up the Malacca Highway, a Panama-flagged Ro-Ro car carrier on September 11, 2014, upon discovering one of the vehicles aboard emitted radiation.…Read more Maersk Line to Spend USD 3 Bn a Yea

about 12 years ago
Highlights of the Week – Readers’ Choice
Business & Finance

Highlights of the Week – Readers’ Choice

Van Oord Paves the Way for Koper Port Growth The Group Luka Koper, one of the fastest growing ports in the Adriatic Sea, and Dutch-based company Van Oord have completed the first phase of the Port Koper deepening project. CHEC Wins Ashdod Port Gig China Harbour Engineering Company (CHEC) has won t

about 12 years ago
Qatar Petroleum Looks for Mesaieed and Ras Laffan Diving Services
Business & Finance

Qatar Petroleum Looks for Mesaieed and Ras Laffan Diving Services

Qatar Petroleum (QP), a state-owned corporation established in 1974, responsible for all phases of the oil and gas industry in Qatar, has issued a tender for the provision of diving services at the Ports of Mesaieed and Ras Laffan. The tenders are expected to carry out routine under-water checkup of

about 12 years ago
Platts: VLCC Owners Gear Up for Persian Gulf Rate Spike
Business & Finance

Platts: VLCC Owners Gear Up for Persian Gulf Rate Spike

Worldscale rates for VLCCs on West Africa-to-Far East routes are at steep premiums to rates for Persian Gulf loadings due to many owners’ resistance to long voyages, Platts said quoting market participants. “The Persian Gulf-to-Far East route was assessed at w34 Thursday. The West Africa-to-Far East

about 12 years ago
CHEC to Build Ashdod Port
Business & Finance

CHEC to Build Ashdod Port

China Harbour Engineering Company (CHEC) has been chosen to build a new port in Ashdod, The Times of Israel reports. Israeli Prime Minister Benjamin Netanyahu said during the signing ceremony that the new facility will serve as an important link in a new east-west trade route. Construction works on

about 12 years ago
CHEC Wins Ashdod Port Gig
Business & Finance

CHEC Wins Ashdod Port Gig

China Harbour Engineering Company (CHEC) has won the contract to build a new port in Ashdod. This new port, worth $930 million, will be built about 1km north of the current Ashdod Port, consisting of a 1,000m pier and 2,80m breakwater. Prime Minister Benjamin Netanyahu, made the following remarks at

about 12 years ago
MAC launches Compact SemiSub ‘Themis’
Business & Finance

MAC launches Compact SemiSub ‘Themis’

Marine Assets Corporation has announced the successful launch by undocking of its 4th Compact SemiSub (CSS) named Themis at Fujian Mawei Shipyard, Fuzhou, SE. China. Themis is following the launch of two other CSSs, Olympia and Venus. To remind, the CSS Olympia was delivered by MAC Offshore to GranE

about 12 years ago
Eni gets hands on three exploration blocks in Egypt
Business & Finance

Eni gets hands on three exploration blocks in Egypt

Claudio Descalzi, Eni’s CEO, said: “I am very pleased with the acquisition of these new exploration permits which further strengthens our presence in Egypt, a historically and strategically important country for Eni.”

about 12 years ago
Offshore drilling in Cyprus starts today
Business & Finance

Offshore drilling in Cyprus starts today

The Saipem 10000 drillship has this week reached Cypriot waters, where it will begin drilling operations on behalf of Eni/KOGAS joint venture. According to Cyprus’ media, the country’s energy minister Yiorgos Lakkotrypis will today arrive aboard the drillship, and will stay there until the drill bit

about 12 years ago
OceanWise and Seatronics Deliver Phase 1of TMDS to Bayanat, UAE
Business & Finance

OceanWise and Seatronics Deliver Phase 1of TMDS to Bayanat, UAE

Independent marine data management, publishing and GIS specialist, OceanWise, in collaboration with Seatronics (Abu Dhabi), have delivered Phase 1 of a Port-Log Tidal Monitoring and Display System (TMDS) to Bayanat, UAE. The TMDS receives input from 18 existing tidal monitoring stations in the Arabi

about 12 years ago
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