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Business & Finance

Germany: Cruise Ship Minerva to Receive Extensive Facelift
Business & Finance

Germany: Cruise Ship Minerva to Receive Extensive Facelift

The 12,499 GT MS “Minerva” arrived at the yard on December 7th for extensive conversion lasting 83 days. After 15 years in service, owners Arctica Adventure & Cruise Shipping Ltd are having the 135.10 m long cruise ship converted for challenging future operation in the still-booming cruise shipping

about 15 years ago
Norway: Ostensjo Extends Contract for IMR Vessel Edda Fauna
Business & Finance

Norway: Ostensjo Extends Contract for IMR Vessel Edda Fauna

DeepOcean announces that it has received another year of contract extension (that means she is firm until 1.4.2014) for the Inspection Maintenance & Repair Vessel Edda Fauna. The vessel is specially designed for operation in northern waters and high focus on excellent manouverability and station kee

about 15 years ago
UK: European Marine Energy Centre Announces Collaboration with China’s Ocean University
Business & Finance

UK: European Marine Energy Centre Announces Collaboration with China’s Ocean University

Experts from Scotland’s world-leading wave and tidal testing hub the European Marine Energy Centre (EMEC) are to collaborate with their marine energy counterparts from the Ocean University of China (OUC) in Shandong Province​ under a new partnership announced by the First Minister Alex Salmond​. The

about 15 years ago
Germany: MTU Engines Power New Pilot Cutters for Cuxhaven Piloting Association
Business & Finance

Germany: MTU Engines Power New Pilot Cutters for Cuxhaven Piloting Association

Outstanding directional stability and a top speed of 30 knots – these are the most important features of the new pilot cutters operated by the Cuxhaven Piloting Association on assignments in the North Sea. The first vessel, the `Frya´, is currently undergoing trials and the second, the `Fresena´, wi

about 15 years ago
ABB Invests USD 400 Million to Expand Subsea Cable Production Capacity in Sweden
Business & Finance

ABB Invests USD 400 Million to Expand Subsea Cable Production Capacity in Sweden

ABB, the leading power and automation technology group, will invest over $ 400 million to double the capacity of its high-voltage cables manufacturing facility in Karlskrona, Sweden, to meet growing demand for subsea cables. The investment plan includes construction of new buildings and installation

about 15 years ago

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Germany: HHLA, Demag Cranes AG Get HANSE GLOBE 2011 Sustainability Prize
Business & Finance

Germany: HHLA, Demag Cranes AG Get HANSE GLOBE 2011 Sustainability Prize

Hamburger Hafen und Logistik AG (HHLA) and Demag Cranes AG, represented by its subsidiary Gottwald Port Technology GmbH, have successfully concluded their Zero Emissions pilot project. The two companies have been testing a pair of battery operated automated guided container transport vehicles (Batte

about 15 years ago
Norway: Ostensjo Announces Contract Extension for Edda Fauna
Business & Finance

Norway: Ostensjo Announces Contract Extension for Edda Fauna

DeepOcean has awarded Edda Fauna another year of extension – that means she is firm until 1.4.2014. The vessel is designed as a Inspection Maintenance & Repair Vessel. It is specially designed for operation in northern waters and high focus on excellent manouverability and station keeping capabiliti

about 15 years ago
Italy: Green Yachts Presents New Zero 80 Boat Design
Business & Finance

Italy: Green Yachts Presents New Zero 80 Boat Design

Green Yachts, an Italian design studio, presents a 24 metre concept that interprets the classic Riviera yacht for modern environmental sensibilities. The project Greenyachts Zero 80 was born from the pencil of Italian architects to cover the range of displacement boats market within 24 meters length

about 15 years ago
Norway: Aker Solutions Maintains Revenue Growth Ambition
Business & Finance

Norway: Aker Solutions Maintains Revenue Growth Ambition

Aker Solutions will announce at the company’s capital markets day that it is maintaining its ambition of 9-15 percent annual revenue growth for the period 2011-15 due to a favourable market outlook for the oil services industry. The company also maintains its ambitions of 3-4 percentage points EBITD

about 15 years ago
UK: Offshore Wind Propels Tidal Transit into Norfolk’s Future 50
Business & Finance

UK: Offshore Wind Propels Tidal Transit into Norfolk’s Future 50

Renewable energy is one of Norfolk’s most rapidly expanding industry sectors, and the construction and maintenance of offshore wind farms along its coastline is offering exciting business opportunities for services providers which are willing to respond to its many challenges. Tidal Transit is one s

about 15 years ago

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The Netherlands: Deltamarin Praises Dockwise
Business & Finance

The Netherlands: Deltamarin Praises Dockwise

Dockwise has won The Royal Association of Dutch Shipowners’ KVNR Shipping Award for its bowless heavy-cargo ship Dockwise Vanguard. Heavy transport expert Dockwise in cooperation with consulting and engineering company Deltamarin have designed a unique semi-submersible vessel without conventional bo

about 15 years ago
UK: Offshore Industry Employers Relieved with Supreme Court Ruling over WTR Case
Business & Finance

UK: Offshore Industry Employers Relieved with Supreme Court Ruling over WTR Case

Paull & Williamsons announced that the long awaited outcome for the offshore industry regarding the Working Time Regulations (WTR) case has come to a conclusion yesterday, December 7. The decision was issued at 9.45am yesterday morning with the leading judgement being given by Lord Hope. The release

about 15 years ago
Norway: NPD Puts Seismic Data up for Sale
Business & Finance

Norway: NPD Puts Seismic Data up for Sale

During the period 2007 to 2009, the Norwegian Petroleum Directorate (NPD) acquired 2D and 3D seismic data off Lofoten, Vesterålen and Senja (Nordland VII and Troms II). Some lines also extend into Nordland VI. The seismic data is being sold as one data package. The package consists of data from five

about 15 years ago
Det Norske Gets Green Light to Drill Wildcat in PL 414, Offshore Norway
Business & Finance

Det Norske Gets Green Light to Drill Wildcat in PL 414, Offshore Norway

The Norwegian Petroleum Directorate (NPD) has granted Det norske oljeselskap ASA a drilling permit for well 25/6-4 S, cf. Section 8 of the Resource Management Regulations. Well 25/6-4 S will be drilled from the Songa Delta drilling rig at position 59°41’10.27’’N 02°53’01.23’’E after the facility has

about 15 years ago