Business & Finance
EIB Evaluates EUR 335 Million Loan for Belgian Wind Farm
The European Investment Bank is currently evaluating a loan of up to EUR 335 million for a wind project off the Belgian coast. Northwind NV, formerly known as the Eldepasco, is planning to build a wind farm with a capacity of 216 MW, situated 37 km off the coast. It will occupy an area of […]
EIB Evaluates EUR 335 Million Loan for Belgian Wind Farm
The European Investment Bank is currently evaluating a loan of up to EUR 335 million for a wind project off the Belgian coast. Northwind NV, formerly known as the Eldepasco, is planning to build a wind farm with a capacity of 216 MW, situated 37 km off the coast. It will occupy an area of […]
UK: DONG Energy Gets Go-Ahead for Wind Turbine Cable Plans
Tendering District Council has given the go-ahead to DONG Energy for installation of electric cables for two new test wind turbines, according to Clacton and Frinton Gazette. The cables will connect Gunfleet Sands wind farm to a new substation at the Veolia Water Site at the Waterglade Retail Park i
UK: Admiralty Launches Global ECDIS Training Initiative
Admiralty today announced the launch of a global promotion, sponsoring 100 bridge officers to undertake comprehensive ECDIS training in maritime colleges around the world. The promotion offers bridge officers from anywhere in the world the chance to win a place on a generic ECDIS training course bas
Greece: Capital Product Partners Announces Employment for Two Vessels
Capital Product Partners L.P. today announced that it secured employment for the M/T ‘Miltiadis M II’ and for the M/T ‘Amore Mio II’ and that it has sold the M/T ‘Attikos.’ In particular, the M/T ‘Miltiadis M II’ (162,397 dwt built 2006 by Daewoo Shipbuilding and Marine Engineering Co., Ltd., South
Germany: Siemens Postpones Launch of Subsea Power Grid
Siemens has unveiled the postponement of first subsea grid after revealing the purchase of Expro’s Connectors and Measurements division for $630 million, which will provide the final engineering for the project, the Reuters reported. CEO of Siemens Oil and Gas Division, Adil Toubia, stated that the
RMK Marine Represents Turkish Private Shipbuilding Industry at DIMDEX Exhibition
Having undertaken the biggest combat ship contract in the Turkish private sector history, RMK Marine will participate as the representative of the Turkish private shipbuilding industry in the 3rd Dimdex Exhibition organized in Doha, the capital city of Qatar, to share the recent developments particu
Norway: Kongsberg Receives DNV Class A Approval for Its Cargo Handling Simulators
Certificates awarded to KONGSBERG liquid cargo handling training simulators. Kongsberg Maritime’s Neptune Cargo Handling Simulator has been approved to the latest Det Norske Veritas (DNV) standards. The Class A approval, received early March 2012, covers the ship models available within the system a
New Research Shows Low Environmental Risks of CWA in Baltic Sea
A new scientific article published in the peer reviewed magazine for environmental engineers Journal of Hazardous Materials shows that the natural gas pipeline’s impact on the potential re-suspension of historically dumped chemical warfare agents (CWA) is insignificant. The research and collection o
Repsol Becomes Operator of Newgrange Prospect, Offshore Ireland
Providence Resources P.l.c., the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), provides an update on Licensing Option 11/11 (‘Option’). This licensing authorization is located c. 250 km off the south-west coast of Ireland in c. 1,000
Norway Based Eitzen Maritime Wins USD 12 Million Military Contract
Eitzen Maritime Services ASA (EMS) today announced that the Company has been awarded a USD 12 million order from the navy of an undisclosed European NATO country. The order is for general supplies to the country’s naval fleet operating mainly in Mediterranean and Atlantic waters over the remaining o
Norway: Havila Charters Vessels to Petrobras and Statoil
Havila Shipping has entered into an agreement with Brazil’s state controlled oil company, Petrobras, for the PSV vessel Havila Fortress. The contract is for a firm period of four years with possible extension for another four years. The commencement is at the end of second quarter. Havila Fortress w
Repsol Assumes Operatorship of Newgrange Prospect Offshore Ireland
Providence Resources P.l.c., the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), provides an update on Licensing Option 11/11. This licensing authorization is located c. 250 km off the south-west coast of Ireland in c. 1,000 metre water
Norway: Havila Shipping Enters New Charter Contracts with Petrobras and Statoil
Havila Shipping has entered into an agreement with Petrobras, Brazil for the PSV vessel Havila Fortress. The contract is for a firm period of four years with possible extension for another four years. The commencement is at the end of second quarter. Havila Fortress will be the fourth PSV vessel tha