In 2013, DEME reached a turnover of EUR 2.53 billion in 2013. Compared to the previous year, this represents an increase of 32% and a record turnover. Ebitda increased by 25% to EUR 437.8 million, and net profit amounted to EUR 109.1 million, an increase of 22% compared to 2012. The order book – wel
L-3 SAM Electronics has been awarded a major contract to provide complete electrical packages, as well as integrated navigation, automation, communications, energy distribution and propulsion systems for Ceona Amazon, the 199-meter offshore construction and pipelaying vessel to be delivered this com
L-3 SAM Electronics has been awarded a major contract to provide complete electrical packages, as well as integrated navigation, automation, communications, energy distribution and propulsion systems for Ceona Amazon, the 199-meter offshore construction and pipelaying vessel to be delivered in Octob
WaveFarmer and TidalFarmer marine planning software tools allow users to model wave and tidal energy converters when operating in ‘farms’ of multiple devices. Both tools are designed to accurately calculate annual ‘farm’ energy yield, whilst considering the hydrodynamic effects between devices, ther
The Port Authority of the Balearic Islands (APB) informed the Mahon port community that dredging work at the Port of Mahon is scheduled to start on 3rd March. In an e-mail sent to the main port operators, the APB Chairman, Alberto Pons, explained that, in his view, the dredging work “is a very impor
DNV GL has released WaveFarmer and TidalFarmer, the world’s first marine energy planning tools to be made commercially available. A major barrier to the growth of the marine energy industry is the risk associated with projects and the accompanying uncertainty of return on investment. Engineers face
Canal and River trust welcomed proposals unveiled by Birmingham City Council (BCC) for the creation of a new canal quarter as part of the city’s vision for using HS2 as a catalyst for regeneration and growth. “We have been leading the work, alongside BCC and other partners, to ensure the development
MacGregor, part of Cargotec, has acquired Norwegian privately owned Deep Water Solutions AS, specialising in lifting applications utilising electric multi drive technology. “Customer requirements for environmentally friendly solutions are increasing in offshore load handling applications, such as su
ShawCor Ltd. announced its pipe coating division, Bredero Shaw, has received a contract with a value of approximately US$50 million from EUROPIPE GmbH for the concrete weight coating of Line 1 of the South Stream Offshore Pipeline. The South Stream Offshore Pipeline system is comprised of 4 pipeline
ShawCor Ltd.’s pipe coating division, Bredero Shaw, has received a contract with a value of approximately US$50 million from EUROPIPE GmbH for the concrete weight coating of Line 1 of the South Stream Offshore Pipeline. The South Stream Offshore Pipeline system is comprised of 4 pipelines that will
Endeavour International Corporation today announced that the valve in the Rochelle field that had been stuck in the ‘shut’ position has now been opened and production is expected to re-commence in the next few days. Following the tie-in of the East Rochelle E2 well, production from Rochelle could no
CARIS will exhibit at Oceanology International (March 11 -13, London, UK), with the main goal to showcase its latest software advancements. This event will bring together thousands of visitors from the marine technology and ocean science global community. “Our team of CARIS experts will be at stand
The software specialists The Acclaimed Software Company Ltd are demonstrating their iObox at Oceanology International 2014 at London’s Excel in March. The iObox is the ultimate in synchronised serial data capture and control. The system enables serial I/O (input/output) operations to be recorded or
Volga Group, Gennady Timchenko’s investment vehicle, has acquired a 50% stake in Sukhodol LLC, a company which is constructing a new bulk terminal in Sukhodol Bay, in the Primorsky region in Russia’s Far East. Once completed the terminal is expected to have a capacity of 20 million tons per year. Th
