News
Willis Global Marine – Another Difficult and Uncertain Year for Maritime Industry
After an inauspicious start, 2012 will be another difficult and uncertain year for the maritime industry faced with the aftermath of the Costa Concordia, further problems in the Euro zone, pirate attacks and increased sanctions, according to Willis Global Marine, part of Willis Group Holdings, the g
UK: Moray Council Invites Bids for Elgin Area Dredging Projects
Moray Council has invited tenders for the dredging works of Buckie, Burghead and Macduff harbours. These works include maintenance dredging of Buckie, Burghead and Macduff Harbours for period 2012-2013. Works also include disposal of material at the relevant licensed off-shore disposal site. Total q
Thank You to Our Readers
The EWEA 2012 event has now officially closed its doors. After 4 days the organization can look back to a successful exhibition & conference, announcing this morning over 10,000 visitors! Also for Offshore WIND the exhibition was a great success.. The website www.offshorewind.biz is already the worl
Doosan Scraps GBP 170 Million Business Plan for Scotland
Doosan Power Systems, a leading provider of cleaner, greener technology, products and services for power generation, has scrapped plans to locate its renewables R&D base – and potentially offshore wind turbine manufacturing – in Scotland, creating hundreds of new jobs with investments worth up to £1
UK Government Extends Transition Period for Low Risk Dredging Activities
The UK Government has decided to extend the current one year transition period for low risk maintenance dredging activities for a further two years in respect of English waters. Under the Marine and Coastal Access Act 2009 (Transitional Provisions) Order 2012, which comes into force on 6 April 2012,
Container Ship Phoenix J Runs Aground West of Rauma, Finland
On April 18 container ship Phoenix J run aground west of Rauma, Gulf of Bothnia, after leaving Rauma Port. Reportedly, the vessel is hard aground and its double bottom tank has been broken. There are leaks in the ballast tanks and cargo holds. “The ship’s ballast tanks have been breached and water h
Finland: Wartsila Order Intake Up 13 Pct in Q1
Wärtsilä today issued it’s interim report for the first quarter of 2012. Highlights of the review period January-March 2012 Order intake increased 13% to EUR 1,109 million (979) Book-to-bill 1.10 (0.90) At the end of the period the order book totalled EUR 4,409 million (3,669), +20% Net sales decrea
The British Support Wind Power
New research by Ipsos MORI for RenewableUK, the trade and professional body for the UK wind and marine renewables industries, shows that two-thirds (67%) of respondents* are in favour of the use of wind power in the UK, with 28% “strongly in favour”. One in twelve (8%) are opposed – with only 3% sug
The British Support Wind Power
New research by Ipsos MORI for RenewableUK, the trade and professional body for the UK wind and marine renewables industries, shows that two-thirds (67%) of respondents* are in favour of the use of wind power in the UK, with 28% “strongly in favour”. One in twelve (8%) are opposed – with only 3% sug
UK: IMO Legal Committee Adopts Amendments to Increase Limits of Liability for Shipping
Amendments to increase the limits of liability in the 1996 Protocol to the Convention on Limitation of Liability for Maritime Claims were adopted by the Legal Committee of the International Maritime Organization (IMO), when the Committee met for its 99th session in London. The LLMC Convention sets s
Greece: TEN Prices Public Offering
Tsakos Energy Navigation, a leading provider of international seaborne energy transportation services for crude oil, petroleum products and LNG, announced today that its offering of 10,000,000 common shares was priced at $6.50 per share, representing a 3.4% discount from the closing price on April 1
Maasvlakte 2: New Seawall is Ready (The Netherlands)
Besides the regular activities, this day is dedicated to all the facts about the seawall that protects Maasvlakte 2 in the northwest. Exactly 19,558 concrete blocks of 2.5 x 2.5 x 2.5 meter, each weighing over 40 tons, are all carefully built into this new block dam. In addition to various lectures,
UK: A&P Manufactures First Wave Energy Device for Falmouth Test Site
The first wave device installed in the waters at Cornwall’s marine energy test site has been manufactured by A&P Falmouth. Fred Olsen’s “BOLT Lifesaver” project, which is capable of operating and producing electricity, is now being tested in the sheltered FabTest site off Falmouth Bay, with easy acc
UK: A&P Manufactures First Wave Energy Device for Falmouth Test Site
The first wave device installed in the waters at Cornwall’s marine energy test site has been manufactured by A&P Falmouth. Fred Olsen’s “BOLT Lifesaver” project, which is capable of operating and producing electricity, is now being tested in the sheltered FabTest site off Falmouth Bay, with easy acc