News
UK: TAG Joins Norstec’s Partnership
TAG Energy Solutions has become one of the first UK companies to join a new renewables sector initiative launched by the Prime Minister, David Cameron. Unveiled at the Clean Energy Ministerial Conference, ‘Norstec’ is a new industry partnership, which brings together key players with an interest in
Maasvlakte 2: Block Dam Completed (The Netherlands)
The new port of Rotterdam is protected against the severest of storms and wave attacks. Rotterdam councillor Jeannette Baljeu (Port, Transport and Regional Economy) laid the last concrete block in the block dam forming the hard sea wall of Maasvlakte 2. The dam consists of 19,558 concrete blocks, ea
Maasvlakte 2 in 13 Episodes (The Netherlands)
In 13 episodes of 20 minutes, the expansion of the port of Rotterdam will hit regional television this year. Sebastiaan Labrie, well-known on Dutch TV as a survivor in Expeditie Robinson and most recently, a traveller in Panamericana Road Trip, presents the series. He plays with giant cranes and san
The Netherlands: RWG Quay Wall Protected
The quay wall of Rotterdam World Gateway (RWG), one of the first clients on Maasvlakte 2, is now protected against propeller wash when container giants moor. Very traditional Dutch fascine mats of willow branches were woven together for this purpose in March. These fascine mats protect the bed and q
Singapore: Sustainable Shipping Initiative Launched
The Sustainable Shipping Initiative (SSI) is at Singapore Maritime Week today, launching a series of practical, collaborative action plans aimed at developing a sustainable shipping industry for the future. The SSI is a cross-sector coalition of 16 global companies and two non-governmental organisat
Rhenus Signs Agreement with JADE Werke for Offshore Logistics at Wilhelmshaven, Germany
The port services provider, Rhenus Midgard, signed an outline agreement for logistics services with JADE Werke GmbH based in Wilhelmshaven on the second day of this year’s HANOVER FAIR. The logistics services company will in future support the firm, which was set up at the beginning of 2012, with it
Union Minister Lauds Indo-Dutch Cooperation
DCI Dredge XIX, a 5500 cu.m. capacity trailer suction hopper dredger was launched by Smt.Sunitha Vasan on 2nd April, 2012 at IHC Krimpen Shipyard, Rotterdam. Shri G.K.Vasan, Union Minister of Shipping was the Chief Guest at the function. Shri P.K.Sinha, Secretary (Shipping), Government of India, Cap
Belgium: ECA Criticises Use of Structural and Cohesion Funds for Port Projects
The European Court of Auditors (ECA) presented yesterday the findings of a special report on the use of Structural and Cohesion Funds for transport infrastructure in seaports. The report covers the period 2000-2006 and looks at 27 projects in France, Spain, Italy and Greece. Together, these projects
UK: Isle of Man Hosts Round Table Discussion on Offshore Renewable Energy
The Department of Economic Development has hosted a round table discussion to discuss the significant opportunities of offshore renewable energy in the Isle of Man’s territorial waters, which occupy approximately 4,000 sq km in the Irish Sea. The event, which took place on Friday 20th April in the B
China: Fortune Oil Revenues Up 10 Pct
Fortune Oil today reported its results for the financial year ending 31 December 2011. Financial highlights Revenues including share of jointly controlled entities increased by 10% to £625 million (2010: £567 million). Fortune Oil achieved record profit attributable to shareholders in 2011, up 39% t
UK: EnQuest Increasing Its Interest in Kraken
EnQuest PLC (‘EnQuest’) today announces that it has agreed with First Oil plc (‘First Oil’) the proposed acquisition of a further 15% interest in blocks 9/2b and 9/2c including the Kraken oil discovery (‘Kraken’), bringing EnQuest’s total interest in Kraken to 60%. Today’s agreement is subject to th
France: Technip Reports Q1 Results
Technip today said its first quarter 2012 revenue was €1,765 million. First quarter 2012 results Order intake of €3,310 million Record backlog of €12,344 million, of which €5,665 million in Subsea Revenue of €1,765 million Operating margin of 9.4% Net income of €112 million Full year 2012 outlook co
The Netherlands: Shell Sells 5.17 Million Tonnes of LNG in Q1
Royal Dutch Shell said today its first quarter 2012 earnings were $7.7 billion compared with $6.9 billion in the same quarter a year ago. Key features of the FIRST quarter 2012 First quarter 2012 earnings, on a current cost of supplies (CCS ) basis, were $7,659 million, 11% higher than in the same q
Russia: Gazprom, Itochu Talk on Cooperation Expansion
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Eizo Kobayashi, President and Chief Executive Officer of Itochu Corporation. The parties discussed the status of joint projects as well as possible ways and areas of the cooper