News
UK: Cargotec Receives Large Order from Forth Ports
Cargotec has secured an order for 14 Kalmar straddle carriers from UK based Forth Ports as part of a major investment and upgrade programme at its London Container Terminal (LCT) at Tilbury. Forth Ports is investing in substantial equipment and site upgrading to LCT to ensure customers continue to r
Hoegh LNG Q3 Profit Up, Norway
Höegh LNG of Norway said its operating profit before depreciation for the third quarter of 2012 was USD 13.2 million, up 53% from USD 8.6 million in the third quarter 2011. Highlights Profit before tax USD 1.1 million, up from a loss of USD 2.0 million in the third quarter 2011 Total income USD 38.0
GlobalData Looks into UK Energy Bill’s Potential Effects on Pricing, Energy Security
The key measure of the UK’s new Energy Bill will be to introduce a government-owned entity that will buy electricity at an agreed “strike price” from low carbon generators and recover the costs from electricity customers via electricity suppliers. The government-owned entity will buy the electricity
GlobalData Looks into UK Energy Bill’s Potential Effects on Pricing, Energy Security
The key measure of the UK’s new Energy Bill will be to introduce a government-owned entity that will buy electricity at an agreed “strike price” from low carbon generators and recover the costs from electricity customers via electricity suppliers. The government-owned entity will buy the electricity
Dockwise: Boskalis’ Offer Too Low
Immediately following announcement of the unsolicited intended offer of Royal Boskalis Westminster N.V. for the acquisition of all outstanding shares of Dockwise Ltd. (”Dockwise”), Dockwise invited Boskalis to clarify its offer. Dockwise and Boskalis are scheduling a meeting to be held shortly. In t
Drewry: World Shipbuilding Annual Review and Forecast 2012/13
Shipbuilding production levels have remained at record high levels exceeding 50 million cgt for two consecutive years (2010 -2011), with 2012 forecasted to remain close to 2011 levels. However the orderbook that forms the contracted forward workload has diminished rapidly and tails-off to very low l
The Netherlands: Boskalis to Hold Extraordinary Shareholder Meeting
Royal Boskalis Westminster N.V. (Boskalis) will hold an Extraordinary General Meeting of Shareholders on Thursday 10 January 2013 at 10:00 am CET. The meeting will take place at the offices of Boskalis at Rosmolenweg 20 in Papendrecht, the Netherlands. Royal Boskalis Westminster N.V. is a leading gl
RenewableUK Hails Strong Framework for Investment
RenewableUK, the trade and professional body representing the wind and marine energy industry, has welcomed the long-awaited publication of the Energy Bill. Introducing the Bill to Parliament today, the Energy and Climate Change Secretary, Edward Davey, said it would attract investment to bring abou
Energi Coast Welcomes UK Energy Bill, but Points Out Uncertainty for Offshore Wind
Energi Coast, North East England’s Renewables Group, has welcomed the Government’s commitment to supporting offshore wind projects in the Energy Bill published today, but warned that the failure to establish a cap on Carbon Emissions by 2030 will only prolong the uncertainty of the supply chain. It
Energy Bill Should Encourage Renewables Firms to ‘Commit’ to UK
Trebling investment in low-carbon power provides the “stability and confidence” renewable energy developers are looking for from the Government, according to an industry leader. Sam Pick, of the Renewables Network, says details set out in the Energy Bill, which was published today, will also stimula
Energy Bill Should Encourage Renewables Firms to ‘Commit’ to UK
Trebling investment in low-carbon power provides the “stability and confidence” renewable energy developers are looking for from the Government, according to an industry leader. Sam Pick, of the Renewables Network, says details set out in the Energy Bill, which was published today, will also stimula
Croatia: Brodosplit to Build Two Heavy Lift Vessels for Jumbo Shipping
Croatian-based shipyard Brodosplit hosted a keel laying ceremony for the second heavy lift vessel ordered by Jumbo Shipping, a leading Dutch heavy lift company. A complex project like this was never before built in Croatian shipyards. The heavy lift vessels with 152m in length, 27m width and 14.000t
IADC Applauds European Parliament Vote on Shale Gas Development
The International Association of Drilling Contractors (IADC) welcomed recent approval by European Parliament for two key reports on gas shale exploration and development. The reports from the Environment, Public Health and Food Safety Committee (DG ENVI) and the Industry, Research and Energy Committ
Cuadrilla Welcomes Energy Bill, UK
Cuadrilla welcomes the publication of the Energy Bill which provides a clearer framework for the UK’s energy future, including the role of natural gas as a key part of the energy mix. “There is no faster route to controlling escalating energy bills and improving the UK’s competitiveness than develop