News
Ukraine Plans Port Yuzhnyi LNG Terminal
Ukraine plans to construct an LNG terminal at the port of Yuzhnyi, Bloomberg reported, citing Vladyslav Kaskiv, the head of state national projects. The liquefied natural gas terminal will cost about 846 million euro and 70% of the cost will come from borrowing, he said. The capacity of the terminal
Vestavind Plans Wind Farm Offshore Harøya, Norway
As reported by China daily, it appears that Norway is about to get its first full-scale offshore wind power plant, Havsul I. In September 2009 the Ministry of Petroleum and Energy granted a licence to Vestavind Offshore, to carry out the project which is expected to bring electricity to around 50,00
Officials Invite Bids for La Baule-Le Pouliguen Port Dredging (France)
CCI Nantes Saint-Nazaire has invited tenders for the maintenance dredging work at the La Baule-Le Pouliguen port. This project includes maintenance dredging works in the tourist harbour and fishing port of La Baule-Le Pouliguen to ensure stable channel depths. The dredging will be carried out by sta
UK: Falmouth Harbour Welcomes Dredging Trial
Cornwall’s business leaders have welcomed plans to carry out a small-scale dredging trial in Falmouth harbour to measure potential environmental impacts. Last week Falmouth Harbour Commissioners (FHC) revealed it hoped the scientific trial would begin in May, subject to consent being granted by the
UK: SSE Reports End of Year Highlights
SSE plc will enter its close period on 1 April 2012, prior to the publication on Wednesday 16 May 2012 of its financial report for the year to 31 March 2012. It continues to expect to deliver a full-year dividend increase of at least 2% more than RPI inflation, and of around 80 pence per […]
UK: SSE Reports End of Year Highlights
SSE plc will enter its close period on 1 April 2012, prior to the publication on Wednesday 16 May 2012 of its financial report for the year to 31 March 2012. It continues to expect to deliver a full-year dividend increase of at least 2% more than RPI inflation, and of around 80 pence per […]
France: Preparations Underway for Dredging on Channel Between Lille and Deulemont
Voies navigables de France has unveiled a plan for the dredging works on the channel between Lille and Deûlémont. These dredging works to the entrance of the channel between Lille and Deûlémont should allow the access of larger vessels. This project involves the development of three lots of filling
UK: Council Reveals Plans for Rhyl Area Harbour Development
Denbighshire County Council has announced plans for the Rhyl area harbour development works. Council has also announced that planning is approved in the area west of Foryd Harbour, Rhyl, Conwy, for the construction of a new jetty and quay wall, dredging of the deep water channel in the harbour, rest
Germany: HHLA Reports Increase in Revenue
Hamburger Hafen und Logistik AG (HHLA) experienced above-average growth in its core markets in the 2011 financial year, increasing both its revenue and its results considerably. Container throughput rose by 21.3 percent to 7.1 million standard containers (TEU), and container transport went up by 11.
Denmark: Vestas Elects Three New Board Members
Mr Bert Nordberg was elected Chairman of the Board, succeeding Mr Bent Erik Carlsen. Mr Nordberg is currently the President and CEO of Sony Mobile Communications as well as Executive Vice President in the Ericsson Group. Mr Nordberg brings strong experience from reorganising a global high-tech compa
Singapore: Caterpillar Hosts APEC Representatives
In its continuing efforts to promote the benefits of remanufacturing, Caterpillar Inc. this week hosted representatives from several Asia-Pacific Economic Cooperation (APEC) member economies at its newest Cat Reman® facility in Singapore. The tour was part of a meeting of APEC’s Market Access Group
Russia: Shtokman FID Postponed
The shareholders in Russia’s Shtokman project agreed at a meeting yesterday to postpone a final investment decision until July 1, Shtokman Development AG said in a statement. “The shareholders are confident that the Project can be improved further, both technically and economically,” the company sai
Monaco: GasLog Sets IPO Price at USD 14 per Share
Monaco-based GasLog, an international owner, operator and manager of LNG carriers, said in a statement that its public offering of 23,500,000 common shares was priced at $14.00 per share. The underwriters were granted a 30-day option to purchase up to 3,525,000 additional common shares from GasLog a
Russia: Production Sharing Under Sakhalin-2 Project Starts
Sakhalin Energy said that production sharing under Sakhalin-2 Project has begun. From March, Russian Federation and Sakhalin Region started receiving its share of profit production. “Production sharing began ahead of plan. This is not only a result of favourable market conditions, but first of all r