Business & Finance
DSM Introduces New Fiber for Deepwater Mooring Ropes
The Netherlands-based DSM, producer of Dyneema®, the world’s strongest fiber™, has introduced DM20, a new fiber designed for the production of incredibly strong ropes that provide unrivalled strength, stiffness and durability. DM 20 is an innovative fiber that completely redefines the capability of
France: UNICEF Ambassador to Participate in MSC Divina Christening
As a symbol of collaboration between MSC Cruises’ and UNICEF, major UNICEF representatives and guests will be involved in the christening ceremony of MSC Divina, which will take place in Marseille, France, on 26 May 2012. When MSC Divina takes to the seas, her guests will have the opportunity to sup
Investors’ Confidence in UK Upstream Industry Rises
Oil & Gas UK’s Q1 2012 business confidence index published yesterday (10 May) reveals that the confidence of the upstream oil and gas industry across Britain has risen to 64 points on a 100 point scale – the highest since the survey was launched in Q1 2009. However, the leap in optimism is driven by
Mobimar 18 Wind Completes Sea Trials (Finland)
Transfer /windfarm service vessel Mobimar 18 Wind, after it was launched on February 27th, has passed all the conventional sea trials and in addition extra tests from towing 20m by 50m barge to hanging from a crane test. Mobimar 18 Wind was designed and built by Mobimar Ltd. in Turku, Finland and cl
C Solutions Ltd Announces Senior Appointment in London, UK
International legal and claims consultants C Solutions Ltd today announced the appointment of Laurence McFadyen as Senior Legal Consultant. He will work alongside members of the firm’s global shipping team, assisting clients in particular with the investigation and management of maritime casualties
Elgin Gas Leak: Well Intervention Preps Almost Done (VIDEO)
Final preparations for the planned well intervention on Elgin’s leaking G4 well are nearing completion. These have included the West Phoenix drilling rig positioning itself about 30 metres away from the Elgin complex ready to support the operation. Weather permitting, the well intervention should no
Russia: Ministry of Defense Signs Shipbuilding Contract with Pella Shipyard
Recently, JSC Pella shipyard signed the contract with Ministry of Defense of Russia for the construction and delivery of 4 multifunction complex port service vessels on the base of project 03180, the first two vessels of the project are going to be built in 2013. Just few days later, the shipyard su
Hydrex – Underwater Repair in France Avoids Drydocking
To save time and money for the owners of a 270-meter container vessel that was leaking oil, a Hydrex diver/technician team replaced three stern tube seals, using one of the company’s flexible mobdocks. This enabled the team to carry out the entire operation on-site and underwater during the vessel’s
Norway: Kongsberg’s Simrad Introduces New Scientific Echo Sounder
Simrad, a division of Kongsberg Maritime AS and the world’s leading manufacturer of hydro acoustic products for commercial fishing vessels and scientific research has expanded its market leading scientific echo sounder portfolio with the introduction of the new multi-transceiver Simrad EK15. With th
Promoting Peak Productivity for Turkish Ports
APM Terminals’ European Director of Port Investments and Projects Michiel Ybema proposed a systematic approach to analyzing and enhancing container port productivity on the Sea of Marmara at the 4th Annual Port Financial International Black Sea Conference held in Istanbul recently. The Sea of Marmar
Italy: Eliche Radice Provides Propeller and Shaft Lines for ‘Alfredo’
Eliche Radice provided propeller and shaft lines for vessel Alfredo which were specifically designed and manufactured in all its characteristics. A 60m long and 2200 gt motor barge, the Alfredo is equipped for international navigation, intended to provide offshore support activities for companies en
Evergreen Line, MOL to Launch New Asia-USEC Service
Evergreen Line together with MOL will launch a new all-water service linking major Asian ports to key destinations on the U.S. East Coast via the Suez Canal. The new service will commence in June 2012. The new Asia-U.S. East Coast Service 3 (AUE3) will add more direct calls to Evergreen’s service ne
Spain: ACCIONA Installed Energy Capacity Up by 8.8 pct
ACCIONA Group ended 1Q 2012 with EBITDA of 328 million euro, 6.5% up on same period of last year’s figure. Net attributable profit was down 49%, to 29 million euro, mainly as a result of ACCIONA Energy. Revenues saw a 9.5% rise, coming to 1,591 million euro. The rise in Group’s EBITDA stemmed mainly
Spain: ACCIONA Installed Energy Capacity Up by 8.8 pct
ACCIONA Group ended 1Q 2012 with EBITDA of 328 million euro, 6.5% up on same period of last year’s figure. Net attributable profit was down 49%, to 29 million euro, mainly as a result of ACCIONA Energy. Revenues saw a 9.5% rise, coming to 1,591 million euro. The rise in Group’s EBITDA stemmed mainly