News
The Netherlands: DSM Inc TSHD Experts Trained by TID
Ocean Dredging DSM Inc (DSM) owns one of Canada’s most important fleet of marine equipment and offers world-class integrated marine services including: dredging, harbor towing, pilot boat services, salvage, marine construction and repair, equipment rental, welding and machining, mechanics, short and
Poland: PGNiG Records Net Loss
In H1 2012, the PGNiG Group recorded a PLN 17m loss, relative to a PLN 1bn profit reported for the corresponding period of the previous year. The loss was incurred despite a 28% growth in revenue, to PLN 14.8bn. It was driven by factors over which the Company had limited control, including primarily
UK: Ginny Louise Contract Extended
Leo Hambro from Tidal Transit announced that the developers of the 140-turbine Greater Gabbard Offshore Wind Farm off the Suffolk coast, the SSE and RWE npower renewables partnership, has extended the contract for the company’s crew transfer vessel Ginny Louise. The Ginny Louise and its sister vesse
Faroe Petroleum Buys into Barents Sea Darwin Prospect (Norway)
Faroe Petroleum has acquired a 12.5% interest in the Darwin prospect in PL531 in the Norwegian Barents Sea. The Darwin prospect is a high impact wildcat exploration well located on the Veslemøy High in the frontier western part of the Barents Sea. The prospect is a large closure at multiple levels,
ISL Launches Commercial Vessel for German Owner (Israel)
On the 21st of August 2012, Israel Shipyards Ltd ( ISL ) launched another commercial vessel, the 5th built within the recent years. The general cargo ship, with a capacity of 4800 tons, is a modern and efficient vessel that will bring the owners a high value for their investment. Within the last two
Gazprom, Ukraine Discuss Autumn/Winter Preparation Works
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yury Boiko, Ukrainian Energy and Coal Industry Minister. The parties discussed ongoing preparation works for the upcoming autumn/winter period. In particular, a focus was place
Russia: Transas Develops Simulation Model of World’s Largest VLOC
Transas Marine has developed a ship model of a 400,000 DWT Very Large Ore Carrier (VLOC), the largest bulk carrier in the world. The model was developed for Bernhard Schulte Shipmanagement (BSM). With advanced visualization engine in Transas Navigational Simulator and high fidelity modelling effects
Golar LNG Revenues Rise (Bermuda)
Golar LNG Limited reported consolidated net income of $35.4 million and consolidated operating income of $58.0 million for the three months ended June 30 . Revenues in the second quarter were $107.0 million as compared to $83.1 million for the first quarter of 2012. The increase is primarily as a re
Russia Joins WTO
Wednesday 22 August, Russia joined the World Trade Organization as 156th country. It is the last large economy to join the WTO, ten years after China. China’s joining resulted in a huge increase in world trade, shipping and the port sector, and caused price rises in shipping transport and capacity s
Germany: Consumers to Share Offshore Wind Cost
In a debate about offshore wind turbines, Consumer advocates warn against a shifting of costs to millions of consumers, writes Dradio. According to a letter from the Board of Consumer Organizations to the Federal Ministry of Justice, the proposed liability regime for the connection of offshore insta
Russia: Rosmorport Discusses Sochi Facilities Construction
On August 17, 2012 a working meeting on implementation of measures for construction of Olympic objects included into the Federal Program of Preparation for the 2014 Olympics and Development of Sochi as a Mountain Resort headed by Deputy Director of Federal Agency of Marine and River Transport was he
Liebherr Container Cranes Arrive in Russia
Liebherr Container Cranes Ltd. recently delivered and commissioned two panamax STS cranes in Vladivostok and has taken orders for further STS cranes to be delivered to Novorossiysk and St. Petersburg. The cranes delivered to the JSC Commercial port of Vladivostok have gone into operation at the port
Russia: Rosmorport Discusses Construction of Sochi Facilities
On August 17, 2012 a working meeting on implementation of measures for construction of Olympic objects included into the Federal Program of Preparation for the 2014 Olympics and Development of Sochi as a Mountain Resort headed by Deputy Director of Federal Agency of Marine and River Transport was he
Port of Tyne – Finalist for Lloyd’s List Global Awards 2012 (UK)
The Port of Tyne has been shortlisted as a finalist for the Lloyd’s List Global Awards 2012 in the Port Operator of the Year category. This award recognises the company or port that has maintained the highest standards of operational efficiency and customer service throughout the year. The award is