News
Subsea UK Marks Aberdeen Annual Conference Most Successful (UK)
Subsea UK has marked its Aberdeen annual conference and exhibition as the most successful after attracting a record number of visitors reaching over 3,000 at this year’s Subsea 2012 – an increase of 700 on last year. With 130 exhibitors, Subsea UK’s flagship event was described as a “hive of activit
Hempel Wins 2011 Europe Frost & Sullivan Award for Product Line Strategy (Denmark)
Based on its recent analysis of the protective coatings for wind turbines market, Frost & Sullivan recognizes Hempel with the 2011 Europe Frost & Sullivan Award for Product Line Strategy. Hempel has penetrated new markets and regions and differentiated itself from the competition in terms of product
MHPA Restructures Management Team (UK)
Milford Haven Port has announced completion of a restructuring of its senior management team as it prepares for major investment across its operations. MHPA operates Britain’s third largest Port and offers pilotage and navigation services to the UK’s leading energy hub as well as owning and operatin
Turkey: APM Terminals, Petkim Announce Strategic Port Development
Executives from Petkim Petrokimya Holding A.Ş., Petlim Limancılık A.Ş. which is 100% owned by Petkim and APM Terminals signed a Heads of Terms agreement which outlines key terms of a definitive agreement to be negotiated and signed between Petkim, Petlim and a to be incorporated Turkish affiliate of
Belgium: LNG Tanker Due at Zeebrugge February 23
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG on February 23, according to the Zeebrugge Port Authority website. The Lusail LNG tanker, with a capacity of 138,000 cbm, is sailing from Qatar. The Zeebrugge terminal is operated by Fluxys LNG and has an annual
Norwegian LNG Heads for Greece
The latest LNG cargo to be loaded at Norway’s Hammerfest liquefied natural gas terminal has been dispatched to Greece, according to shipping data. The 138,000 m3 Gemmata departed Hammerfest Friday, and is expected to arrive at Revithoussa LNG Terminal on February 22. The Hammerfest terminal, operate
Nexans Acquires AmerCable Holdings for USD 275m (USA)
Nexans, a worldwide leading expert in the cable industry, makes a major investment in the growing Mining, Oil & Gas and Renewable Energy cable markets. Nexans has agreed to acquire AmerCable Holdings Inc. (“AmerCable”), the #1 producer of primarily Mining, Marine Oil & Gas and other industrial cable
Carnegie Presents Proposed Irish Demonstration Project Ocean Energy Industry Forum
Wave energy developer Carnegie Wave Energy Limited presents its proposed Irish demonstration project at the Marine Renewables Industry Association’s (MRIA) Ocean Energy Industry Forum ‘Putting our Marine Renewables Resources to Work’ in Dublin. The presentation was given by Kieran O’Brien, Carnegie’
Carbon Trust to Take Part in Offshore Renewable Energy Catapult Set up (UK)
UK-wide consortium bid from Carbon Trust, National Renewable Energy Centre (Narec), and Ocean Energy Innovation selected to play a pivotal role in setting up the Offshore Renewable Energy Catapult. The Technology Strategy Board has today announced that the UK-wide consortium bid from Carbon Trust, N
Norway: I.M. Skaugen Completes Bond Issue
Norway’s I.M. Skaugen said it has completed a new senior unsecured bond issue of NOK 400 million. The bonds will have a coupon of NIBOR + 8.25% and will mature in February 2015. The company said in a statement that, in connection with the bond issue, it has bought back a nominal amount of NOK [&hell
Tidal Transit to Ferry Greater Gabbard Wind Farm Workers (UK)
A Norfolk-based company has secured a contract to transfer workers between Lowestoft and a proposed Greater Gabbard wind farm offshore Suffolk, reports EDP 24. The five-month contract worth GBP 300.000 will help Tidal Transit create three new jobs. The wind farm, which is located 25 kilometres off t
Tidal Transit to Ferry Greater Gabbard Wind Farm Workers (UK)
A Norfolk-based company has secured a contract to transfer workers between Lowestoft and a proposed Greater Gabbard wind farm offshore Suffolk, reports EDP 24. The five-month contract worth GBP 300.000 will help Tidal Transit create three new jobs. The wind farm, which is located 25 kilometres off t
European Shippers Urge Governments to Protect Shipping from Pirate Threat
It is with grave concern that the European Shippers’ Council (ESC) views the continuing problem of piracy affecting cargo ships. Representing shippers in Europe, many of whom use shipping to transport their cargo through the high risk areas, a year on from ESC’s last press statement on this issue, t
South Korea: DSME to Deliver Passenger Cruise Ferry Tanit in June 2012
The construction works of the new 3,200 passenger cruise ferry Tanit, which will account for the biggest one in the Mediterranean Sea, are considerably progressing at the Korean shipyard Daewoo. BNP Paribas, a group of foreign banks and La Société Générale will co-finance 80% of this project under t