Europe can meet its 2050 ambition of reducing its CO2-emissions by 80 per cent compared to 1990, in a faster and more cost-efficient way if natural gas plays a significant part in the energy mix going forward. In a report initiated by a group of experienced gas players in Europe and delivered to the
Cheniere Energy, Inc. announced today that its wholly owned subsidiary, Cheniere Common Units Holding, LLC, has reached an agreement with its lenders to amend certain provisions of the Credit Agreement dated August 15, 2008, for the 2008 Convertible Loans due 2018. The outstanding balance of the Loa
Responding to demand from the rapidly expanding European wind energy market, the shipping entrepreneurs J.R. Arends and S. Schakelaar decided to establish SeaZip Offshore Service BV. Started in December 2010, the company focuses on the development and operation of specialised service vessels, mainly
Western Sahara Resource Watch (WSRW) has asked international banks to halt further funding of the US oil firm Kosmos Energy. The company is exploring for oil offshore occupied Western Sahara. Should Morocco – through its US partner Kosmos Energy – discover oil offshore Western Sahara, it will underm
Europe can meet its 2050 ambition of reducing its CO2-emissions by 80 per cent compared to 1990, in a faster and more cost-efficient way if natural gas plays a significant part in the energy mix going forward. In a report initiated by a group of experienced gas players in Europe and delivered to the
Prime Minister Stephen Harper came through with the goods Friday — $19 million to help fund the dredging of Sydney Harbour. The news … By MARY ELLEN MACINTYRE (thechronicleherald) [mappress] Source: thechronicleherald, December 12, 2010;
Officials have reached an agreement to expedite emergency anti-flooding measures before the end of the month. On Dec. 1, for the second time… By JAY BRAMAN JR. (dailyfreeman) [mappress] Source: dailyfreeman, December 12, 2010;
Investigation work has started ahead of a scheme to build a £500m deep sea container terminal at Avonmouth Docks in Bristol… (bbc) [mappress] Source: bbc, December 11, 2010;
Wärtsilä’s electronic Annual Report 2009 has been selected best annual report in Europe. The prize was handed out at the European Excellence Awards ceremony in Prague, Czech Republic, on 9 December 2010. There were over 1,400 entries in the European Excellence Awards competition this year. The other
Dutch shipbuilding company Damen has launched a new Compact Stan Tug Series. With more than 40 years experience and expertise behind the three tug types, (the Stan Launch 804, Stan Tug 1004 and Stan Tug 1205), the vessels are designed to be strong, highly manoeuvrable and easily manageable for a one
In a poll of IFW readers, more than half believe European intermodal volumes will exceed pure road volumes within ten years. Around 59%, of readers that voted in the recent online poll, felt that intermodal services would increase at the expense of haulage-only services.
Maersk Line is mulling accepting financial penalties in its Asia-Europe contracts if it is unable to deliver the service it has promised. Annemette Jepsen, Senior Director and Cluster Manager UK and Ireland, told IFW the Danish carrier was hoping to avoid a repeat of the situation the industry faced
Container volumes at Sri Lanka’s Colombo port reached record volumes during November, reported local media. Containers handled at the port hit a record of two million during November 2010, up 26.5 percent from the same period last year, as container volumes reached a new high of four million TEU.
The Panama Canal reopened on December 9 after heavy rain forced its closure for 17 hours, said the Authority of the Panama Canal (ACP). It was the first time Panama Canal traffic was suspended since the United States invasion in 1989.
