APM Terminals has announced its 2013 business results and delivered an increased profit of USD 770m and a return on invested capital of 13.5% (15.2%), reflecting improved underlying performance but also a higher asset base due to the continued high investment level. The expansion into high growth ma
According to the press-service of the State Enterprise Ukrainian Seaports Authority, all the ports of Ukraine are operating normally. USPA fulfills its obligations before private and public stevedoring companies and preserve an ongoing dialogue with contractors of the enterprise. Partners have exhau
The Panama Canal Authority (ACP) announced the end of talks with the new locks project contractor Grupo Unidos por el Canal, S.A. (GUPC), through which a conceptual agreement has been reached subject to documentation, review and final signature by the parties. The conceptual agreement falls within t
In 2013, DEME reached a turnover of EUR 2.53 billion in 2013. Compared to the previous year, this represents an increase of 32% and a record turnover. Ebitda increased by 25% to EUR 437.8 million, and net profit amounted to EUR 109.1 million, an increase of 22% compared to 2012. The order book – wel
A pilot project in Smøla will examine whether ultraviolet (UV) light can reduce the risk of birds colliding with wind turbines. Researchers are currently conducting a pilot project to test brand new solutions for reducing the negative impact on birdlife in the area. With its 68 wind turbines, Smøla
WaveFarmer and TidalFarmer, DNV GL’s array planning tools were launched yesterday at the RenewableUK Wave and Tidal Conference in Belfast. These are the world’s first marine energy planning tools to be made commercially available, which allow users to model wave and tidal energy converters when oper
WaveFarmer and TidalFarmer, DNV GL’s array planning tools were launched yesterday at the RenewableUK Wave and Tidal Conference in Belfast. These are the world’s first marine energy planning tools to be made commercially available, which allow users to model wave and tidal energy converters when oper
The Port Authority of the Balearic Islands (APB) informed the Mahon port community that dredging work at the Port of Mahon is scheduled to start on 3rd March. In an e-mail sent to the main port operators, the APB Chairman, Alberto Pons, explained that, in his view, the dredging work “is a very impor
The Scottish Government has awarded a share of the Marine Renewables Commercialisation Fund (MRCF) to the European Marine Energy Centre (EMEC) to support the further development of an integrated site characterisation and measurement platform for high energy marine environments. The support of the MR
Mojo Maritime Ltd, the Falmouth-based marine renewable energy experts, has secured funding to develop, build and test their low motion floating platform for offshore LiDAR measurements at sea. Concept development and tank testing of the platform performed during 2013 has resulted in a solid design,
At the biggest gathering of its kind in the world, RenewableUK’s wave and tidal energy conference, Ministers from Scotland and Northern Ireland have re-affirmed their commitment to developing the UK’s massive marine energy resources to their full potential – and there’s been a major announcement on
At the biggest gathering of its kind in the world, RenewableUK’s wave and tidal energy conference, Ministers from Scotland and Northern Ireland have re-affirmed their commitment to developing the UK’s massive marine energy resources to their full potential – and there’s been a major announcement on
Canal and River trust welcomed proposals unveiled by Birmingham City Council (BCC) for the creation of a new canal quarter as part of the city’s vision for using HS2 as a catalyst for regeneration and growth. “We have been leading the work, alongside BCC and other partners, to ensure the development
DNV GL yesterday released WaveFarmer and TidalFarmer; the world’s first marine energy planning tools to be made commercially available. A major barrier to the growth of the marine energy industry is the risk associated with projects and the accompanying uncertainty of return on investment. Engineers
