Business & Finance
UK: Polarcus, CCC Enter into Research Collaboration Project to Reduce CO2 Emissions
Polarcus Limited announced that the Company has entered into a research collaboration project with Cambridge Carbon Capture Ltd (CCC) in the United Kingdom to develop carbon mineralization technology. Such technology could potentially be used to reduce CO2 emissions from ships, including emissions f
Statnett Secures EUR 165 Million Loan for Subsea Cable Between Norway and Denmark
The Nordic Investment Bank (NIB) and the Norwegian grid operator Statnett have signed a loan totalling NOK 1,300 million (EUR 165 million) for the partial financing of the new subsea cable between Norway and Denmark and the upgrade of Statnett’s existing cable across the Oslofjord. The 16-year-matur
Austria: Liebherr-Werk Nenzing GmbH Celebrates 35th Anniversary
Between 29th September and 1st October 2011 Liebherr-Werk Nenzing GmbH celebrated its 35th anniversary. An open day with over 20,000 visitors concluded the festivities in the Austrian village of Nenzing. Such a high attendance by far exceeded the ambitious expectations in the planning stages. The fe
The Netherlands: Port of Rotterdam Wins Five Stars from TüVIT
Today, on Wednesday 19 October, TüVIT officially awarded five stars to the new software that the Port of Rotterdam Authority has developed for handling shipping traffic. No more than five percent of all the software tested and certified by this German institute receives this maximum score. The Port
Norway: RXT Refocuses OBC Operations with Strengthening of Management Team
Reservoir Exploration Technology (RXT) announces that it is refocusing its ocean bottom cable (OBC) seismic operations to meet expected demand for its services in the North Sea, Gulf of Mexico, and most of West Africa, and has made two senior management appointments to lead the process. The company
Norway: RXT Welcomes Two Members to its Management Team
Seismic specialist Reservoir Exploration Technology (RXT) announces that it is refocusing its ocean bottom cable (OBC) seismic operations to meet expected demand for its services in the North Sea, Gulf of Mexico, and most of West Africa, and has made two senior management appointments to lead the pr
Round 3 Masterplanner Could Reduce Supply Chain Costs (UK)
Davis Langdon director Peter Sell said yesterday that the UK Round 3 offshore wind programme could achieve significant cost savings… By Declan Lynch (nce) [mappress] Source: nce, October 19, 2011
NIB and Statnett Sign Loan for Financing of Subsea Cable Between Norway and Denmark
The Nordic Investment Bank (NIB) and the Norwegian grid operator Statnett have signed a loan totalling NOK 1,300 million (EUR 165 million) for the partial financing of the new subsea cable between Norway and Denmark and the upgrade of Statnett’s existing cable across the Oslofjord. The 16-year-matur
Forewind to Use Innovative Met Masts Foundation Design for Dogger Bank (UK)
The Forewind consortium will employ an innovative new foundation design concept next year when it installs two meteorological masts on the Dogger Bank offshore wind farm zone, located between 125 and 290 kilometres off the North Yorkshire coast. Forewind Limited, developers of the Dogger Bank zone,
Ireland: Providence to Start Barryroe Appraisal Drilling Soon
Providence Resources P.l.c., („Providence‟) the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, today provided an update on its upcoming appraisal drilling programme in the North Celtic Sea Basin, offshore southern Ireland. *The Barryroe partners have been awarde
Germany: Intermodal Europe 2011 Set to Help Operators Plan for the Future
The last year has been a turbulent time for the international logistics industry and has forced cargo owners, logistics handlers and many other key stakeholders to evaluate their operations. Today, efficiency and productivity are more important than ever before and businesses are looking at implemen
Germany Reserves USD 130 Billion for Renewable Energy
TGerman Chancellor Angela Merkel announced on 30 May that Germany, the world’s fourth-largest economy and Europe’s biggest, would shutter… by John Daly (oilprice) [mappress] Source: oilprice, October 19, 2011
Wilhelmsen Ships Service Provides Straits Solution for Gibraltar
Wilhelmsen Ships Service (WSS) has launched a new integrated service solution for vessels within and passing through the Straits of Gibraltar. Known as ‘Your Straits Solution’, the new initiative will enable customers to utilise the company’s services in Algeciras, Ceuta and Gibraltar from one locat
UK: IHC EB Wins Design Team of the Year Award by BEEA
Leading North East Engineering company IHC Engineering Business (IHC EB) has been named Design Team of the Year 2011 by the British Engineering Excellence Awards (BEEA). At the ceremony held on October 13 at the Shakespeare Globe Theatre, London, IHC EB was highly commended by the judges for the tea