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Business & Finance

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Liebherr – HS 8300 HD in Dredging Application (VIDEO)
Business & Finance

Liebherr – HS 8300 HD in Dredging Application (VIDEO)

The Liebherr HS 8300 HD Hybrid duty cycle crawler crane weighing over 350 tonnes offers a powerful hybrid drive. When designing the new duty cycle crawler crane Liebherr paid special attention to an extended service life of the machine. In the animation you can see this machine in dredging applicati

about 12 years ago
Vela’s Capricorn Star Transferred to Bahri
Business & Finance

Vela’s Capricorn Star Transferred to Bahri

The National Shipping Company of Saudi Arabia (Bahri) said that another VLCC vessel from the Vela fleet, the Capricorn Star, was transferred to Bahri’s ownership on Thursday 7 August 2014. The VLCC has been renamed to Lulu. This is the second vessel taken over by Bahri, Matar Star, renamed to Nisala

about 12 years ago
Suez to Lose Its Exclusivity in Large Containership Transits?
Business & Finance

Suez to Lose Its Exclusivity in Large Containership Transits?

Egypt’s announcement on expansion of the Suez Canal by adding a parallel line to the current channel of a total length of 72 kilometres (44.74 miles), has got the shipping industry players thinking about who will benefit the most from the expansion. The multi-billion-dollar plan could nearly double

about 12 years ago
Readers’ Picks of the Week (Aug 4 – 10, 2014)
Business & Finance

Readers’ Picks of the Week (Aug 4 – 10, 2014)

Egypt to Build New Suez Canal Egypt is looking to build a new Suez Canal parallel to the existing one in a USD 4 billion project aimed at boosting the trade along the Canal, which offers the fastest …Read more Exclusive: Workers Left High and Dry as GoAGT Goes Insolvent Maritime security company GoA

about 12 years ago
Top News – August 4 to 10, 2014
Business & Finance

Top News – August 4 to 10, 2014

Thordon Equipment Shows Great Results on DEME’s “D’Artagnan” Water lubricated Thordon Composite cutterhead shaft bearings have performed well for 9 years on one of the largest cutter suction dredgers in the world – Dredging, Environmental and Marine Engineering N.V. (DEME)’s D’Artagnan (28,200 kW to

about 12 years ago
Polarcus cuts guidance on ‘elusive’ multi-client sales
Business & Finance

Polarcus cuts guidance on ‘elusive’ multi-client sales

Polarcus, a UAE-based owner of high-end seismic data acquisition vessels, reported its revenues for the second quarter of 2014 were $137.6 million, an increase compared to $130.5 million in the same period last year, due to an increase in contract revenue. Contract revenue increased by 10% to USD 13

about 12 years ago
Ex-Halliburton man to lead Enermech’s Middle East & Caspian business
Business & Finance

Ex-Halliburton man to lead Enermech’s Middle East & Caspian business

The Aberdeen-based provider of mechanical engineering services invests in high calibre people to spur future growth

about 12 years ago
Blackbird Sets Date for Acquisition of SDE
Business & Finance

Blackbird Sets Date for Acquisition of SDE

Blackbird International Corporation announced that it has finalized the procedures for the acquisition of SDE Ltd. It had previously released news that it had exchanged a Letter of Intent with SDE Ltd for purposes of a merger. Blackbird shall acquire 100% of the shares of the target company in excha

about 12 years ago
Thordon Equipment Shows Great Results on DEME’s “D’Artagnan”
Business & Finance

Thordon Equipment Shows Great Results on DEME’s “D’Artagnan”

Water lubricated Thordon Composite cutterhead shaft bearings have performed well for 9 years on one of the largest cutter suction dredgers in the world – Dredging, Environmental and Marine Engineering N.V. (DEME)’s D’Artagnan (28,200 kW total installed power). The vessel had a major dry docking at D

about 12 years ago
Proteus Delivers Shallow-Water Mapping Solution
Business & Finance

Proteus Delivers Shallow-Water Mapping Solution

Proteus FZC, a provider of satellite-derived mapping and classification services, has launched a fast-turnaround habitat mapping solution designed specifically for Environmental Impact Assessments (EIAs). Through the service, Proteus delivers high-resolution classification maps of terrestrial areas

about 12 years ago
Proteus Presents Fast-Turnaround Habitat Mapping Solution
Business & Finance

Proteus Presents Fast-Turnaround Habitat Mapping Solution

Proteus FZC, a provider of satellite-derived mapping and classification services, has launched a fast-turnaround habitat mapping solution designed specifically for Environmental Impact Assessments (EIAs). Through the service, Proteus delivers high-resolution classification maps of terrestrial areas

about 12 years ago
Busy Year Ahead for Holland America Line’s MS Prinsendam
Business & Finance

Busy Year Ahead for Holland America Line’s MS Prinsendam

Holland America Line’s MS Prinsendam kicks off the new year on Jan 3, 2015 with a 68-day Grand South America and Antarctica Voyage followed by a 55-day Grand Mediterranean Voyage. This is an addition to ms Amsterdam’s 114-day Grand World Voyage that calls at 45 ports in 25 countries. “We asked our

about 12 years ago
Deltares: Experts Aim to Achieve Broader Perspective on Flood Risks
Business & Finance

Deltares: Experts Aim to Achieve Broader Perspective on Flood Risks

Last week an article entitled ‘Floods and climate: emerging perspectives for flood risk assessment and management’ appeared in the professional journal Natural Hazards and Earth System Sciences. In this article, 30 international hydrologists, including Laurens Bouwer of Deltares, advocate the creati

about 12 years ago
SOHAR, Shipping Agents Talk Final Relocation Preparations
Business & Finance

SOHAR, Shipping Agents Talk Final Relocation Preparations

SOHAR Port and Freezone has held a meeting with shipping agents before the relocation of all remaining commercial traffic from Port Sultan Qaboos takes place at the end of this month. The event was held under the auspices of His Excellency Said bin Hamdoon Al Harthy, Undersecretary General of the

about 12 years ago
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