Business & Finance
SEP and SSE Raise GBP 95 Million for Green Energy Investments (UK)
Scottish Equity Partners (SEP) has raised a new £95 million fund to invest in innovative green energy businesses in a deal involving the acquisition of a portfolio of clean energy assets from SSE Ventures, the investment arm of FTSE 100 utilities company SSE plc. SEP raised the new secondaries fund
The Netherlands: Transfennica Increases Its Capacity with New Vessels
The Dutch shipowner Transfennica, which links the Port of Bilbao with Zeebrugge three times weekly, has increased its line’s capacity with the introduction of the Kraftca and the Trica. These two new con-ro vessels have replaced the Elizabeth Russ and the Bore Sea and double the present cargo volume
Portugal: Peniche Plans to Harness Wave Power
Portuguese town Peniche will soon start generating power from the waves on the power plant called WaveRoller. Estaleiros Navais de Peniche has been testing an innovative wave energy structure which weighs 280 tons and is 44 meters long. The prospect of the project is to utilize currents to trigger t
Germany: Seatruck Ferries’ New Ship Hits the Water
Flensburger shipyard today, right on schedule, launched third newbuilding for Seatruck Ferries. The name for the third ferry for English shipping company Seatruck Ferries Ltd could hardly be more appropriate – Seatruck Performance. That’s because, in the words of FSG Managing Director Peter Sierk,
The Netherlands: Dana Brings Van Ghent Offshore Well into Production
First crude oil production began from the Van Ghent well located in block P11b within the Medway development area, in Dutch North Sea, reported Dana Petroleum (operator), The well, located on the Dutch continental shelf approximately 60kms north west of The Hague, will produce oil via the Dana opera
Greece’s MTM Firm Receives Energy Management Certificate
Lloyd’s Register has awarded Maran Tankers Management, Inc. (MTM), the oil tanker management company of the Angelicoussis Shipping Group, with ISO 50001 certification as commercial ship operators continue to search for ways to lessen their environmental impact and operating costs. ISO 50001 is a vol
Finland: Cargotec Secures Major Port Crane Orders from ICTSI
Cargotec has received two separate orders from one of the world’s leading container terminal operators, International Container Services Inc (ICTSI). The orders will see in total four ship-to-shore cranes and 10 rubber tyred gantry (RTGs) cranes delivered to Mexico and eight RTGs cranes to Philippin
The Netherlands: Maritime Institute Willem Barentsz Cooperates with Amarcon
Maritime Institute Willem Barentsz and the Dutch decision support-software developer Amarcon have closed an agreement with regards to DP training courses on the DP simulator bridge located at the Willem Barentsz in the Netherlands. Amarcon’s DP Forecast functionality is part of the decision support
Norway: Talisman Awards USD 144 Million EPCI Gig to Aker Solutions
Aker Solutions has been awarded a frame agreement for engineering, procurement, installation and commissioning (EPCI) for Talisman Energy’s maintenance and modifications projects on the Norwegian continental shelf. Scope of work includes studies, engineering, procurement, fabrication, offshore insta
Norway: Aker Solutions Secures EPCI Frame Agreement with Talisman Energy
Aker Solutions has been awarded a frame agreement for engineering, procurement, installation and commissioning (EPCI) for Talisman Energy’s maintenance and modifications projects on the Norwegian continental shelf. Scope of work includes studies, engineering, procurement, fabrication, offshore insta
Cyprus: Prosafe Announces 4Q 2011 Rig Utilisation
Prosafe, a Cyprus-based owner and operator of semi-submersible accommodation/service rigs has announced that its rig utilisation in the fourth quarter of 2011 was 79.8 per cent. Safe Caledonia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia, Safe Regency, Safe Bristolia have been fully utilise
UK: Work Underway on 19m Cat, ABC Announces
ABC announced that the work is underway for a new 19m Cat. This is their largest boat to date and will add to ABC’s already extensive range of craft. This boat will once again go into service in the busy offshore windfarm industry. This boat has been commissioned by Carling Charters to enhance their
Sterling Resources Successful in UK 26th Offshore Licensing Round Awards
Sterling Resources Ltd that it has been successful in the final portion of the UK 26th Offshore Licensing Round awards, which were recently announced by the UK Department of Energy and Climate change (DECC). The initial portion of the UK 26th Licensing Round was previously awarded and announced in N
Croatia: Naval Architects Magazine Recognizes Piana and Orange Star as Ships of The Year 2011
Vessels “Piana“ and “Orange Star“ will be covered in annual publication of The Naval Arhitects which will be published in February. “Orange Star“ is a handy carrier for transportation of refrigerated fresh fruit juice, the largest orange juice carrier ever built. Her length is 189,90 m and payload 3