News
Ukrainian Ports to Receive Financial Injection
Commercial sea ports of Ukraine in 2012 may draw about 2 billion UAH investments for port infrastructure development projects. This estimation made the Chairman of the Committee for Regulatory Policy and Oversight of the Independent Association of Ukrainian Banks Arthur Zagorodnikov, UNIAN reports.
UK: GEOSHIPS Bags Two Contracts Worth £3 Million
GEOSHIPS Group, a marine and subsea services provider, has announced two contract wins worth a combined value of £3 million for the company’s latest vessel. Following an open day on-board the Loch Roag for potential clients, the vessel secured work in the North Sea with two new customers for GEOSHIP
Monaco: GasLog 2Q Revenue at USD 16.7 Mln
GasLog, an international owner, operator and manager of LNG carriers, today reported its financial results for the quarter ended June 30. Revenues were $16.7 million (which eliminates $1.1 million of intercompany revenue) for the quarter ended June 30, 2012 ($16.5 million for the quarter ended June
EU Policies Improve Air Quality in Harbors
Sulphur dioxide emissions from shipping have sharply decreased in EU ports thanks to an EU policy which limits sulphur content in fuels for ships at berth or at anchor in ports. Scientists at the European Commission’s Joint Research Centre measured key air quality parameters in Mediterranean harbour
UK: Nextgen Announces Headline Speakers
Some of the leading companies, entrepreneurs and policy makers in the cleantech sector are among the headline speakers at nextgen, Britain’s fastest growing event showcasing emerging renewable energy technologies. Held at Stoneleigh Park in Warwickshire on 10-11 October, the speaker programme will f
Switzerland: Maritime Labour Convention Set to Enter Into Force
The ILO has received the 30th ratification of the Maritime Labour Convention, 2006 (MLC, 2006) fulfilling the last condition for the first global standard that spans continents and oceans to go into effect in a year’s time. “This is great news for the world’s more than 1.2 million seafarers,” said I
UK: Cuadrilla to Submit Application for New Gas Well
Cuadrilla Resources has announced that it will submit a planning application for a horizontal well at its Anna’s Road site. The British company is exploring for natural gas in Lancashire and by drilling a horizontal well at Anna’s Road will be able to gain a better understanding of the consistency o
UK: Two Mega-Ships at DP World Southampton
Southampton’s strategic role as a regional gateway for the new generation of ultra-large container ships (ULCS) was reinforced yesterday with calls from two ocean carriers – among the largest and newest in the world – which berthed in tandem at the UK’s only South Coast container terminal, DP World
UK: DP World Southampton on Right Track
Southampton’s strategic role as a regional gateway for the new generation of ultra-large container ships (ULCS) was reinforced yesterday with calls from two ocean carriers, among the largest and newest in the world, which berthed in tandem at the UK’s only South Coast container terminal, DP World So
RWE Dea Completes 3D Seismic Survey in Caspian Sea
RWE Dea has successfully completed its seismic survey off the coast of Turkmenistan after just under four months. A 3D seismic survey was carried out in this region for the first time, moving from onshore to the shallows (transition zone seismic). About 400 square kilometres were acquired within the
Germany: Clamping Technology Specialist Exhibits at Husum Wind Energy
ROEMHELD, the largest supplier of products for the manufacturing, assembly, clamping and drive technology will be exhibiting at this year’s HusumWindEnergy. The company has already introduced hydraulic or electro-mechanical moving rotor locks with capacities of up to 5,500 kN. They lock reliably and
UK: Wood Group Profit Up
Wood Group announced half year results for the six months ended 30 June. Financial Highlights Revenue from continuing operations1 of $3,346.3m (2011: $2,465.9m) up 36% EBITA from continuing operations1 of $205.1m (2011: $133.9m) up 53% Profit from continuing operations before tax and exceptional ite
Jan De Nul : 12 Wind Turbine Foundations Depart Belgium
In the port of Zeebrugge Jan De Nul NV, branch of Jan De Nul Group, is constructing 16 concrete wind turbine foundations by order of the Swedish client Eon. The foundations were built on 2 pontoons in the inner harbour of Zeebrugge in 4 phases: concrete slab, retaining walls, central shaft and iceco
Norway: Frontline Concludes VLGC Newbuilding Contracts
Frontline 2012 Ltd. announced that it has concluded newbuilding contracts for two 83,000 CBM Gas Carriers (“VLGCs”) at a total contractual value of USD 127 million. The deliveries of the vessels are expected to take place in 2014. Furthermore, the Company has secured four fixed price optional contra