Wind turbine manufacturer Vestas reported an 11% rise in revenue for the second quarter this year to €1.211 Bn (US $ 1.710 Bn) but saw its earnings before interest and tax fall 15% to €78 m ($110 m) compared with the second quarter 2008. Danish-based Vestas, which has supplied most of the wind turbi
ThyssenKrupp has refrained from commenting on speculation that it might sell its Blohm+Voss division. Newspapers in Germany last week reported that ThyssenKrupp was in the process of negotiating the sale of three Blohm+Voss operations. ThyssenKrupp said it would not comment on the content or purpose
The Panama Canal celebrated 95 years of service on Saturday August 15. Since the steamship ‘Ancón’s’ inaugural canal passage August 15, 1914, the waterway has offered its services to more than 983,000 transits. The canal is projected to reach the significant mark of one million transits next year. “
Eight people have been arrested for hijacking the cargo ship Arctic Sea, Russia’s defence minister says. Anatoly Serdyukov said the group of suspects included Russian, Estonian and Latvian nationals. The Arctic Sea went off the radar after passing through the English Channel in late July, but was fo
Heerema Holding and the Advisory Board of Heerema Marine Contractors (HMC) hereby announce that as of 9th September 2009 Mr. Jack Jacobs will join HMC as interim Chief Executive Officer for a period of approximately 18 months. Mr. Jacobs has a wide range of international experience as (financial) ex
The Danish maritime specialist company Gertsen & Olufsen A/S, has established an office operation in Shanghai in order to tap into the growing Chinese market for shipboard and offshore technology. Danish maritime specialist Gertsen & Olufsen A/S has established a commercial Chinese stepping stone in
Cargotec announced on 22 June 2009 of merging Hiab and Kalmar business areas. As a result of the merger, Cargotec has now formed two business areas: Marine, which comprises current MacGregor business area, and Industrial and Terminal, which comprises current Hiab and Kalmar business areas. Olli Isot
The Port of Marseilles has reported a 17 percent increase in cruise passengers for the first half of the year, at 227,000, which it attributed largely to regular calls by the Costa Concordia and the MSC Fantasia. The port said in a press release that the passenger capacity for the Concordia is 3,700
About 40 Egyptian fishermen have escaped from their Somali pirate captors near the northern town of Las Qorey, reports from the region say. A wounded pirate, found on a beach with machete wounds, said the crew attacked him and his colleagues with tools and then seized their weapons. He said that at
Four shellfishing areas are being closed after the deaths of thousands of fish along the coast of Cornwall. The Food Standards Agency (FSA) said the temporary closure was a sensible precaution after an algal bloom caused fish deaths in St Austell Bay. More dead fish were washed ashore near Torpoint
The two Telefonica entries in the 2008-09 race have arrived back in their home port of Alicante after a celebratory tour of the Spanish coast. The journey from the finish port of St Petersburg took in Santander, Vigo and Sanxenxo, the site of the 2006-06 race start. From there it was on to Cadiz and
Clipper Windpower has confirmed its wind turbines will be part of large-scale wind projects in the US following the announcement of new debt financing. The developer and operator of the farms, First Wind, received $191m (£116m) of financing for the construction of three wind farms totalling 202MW. C
Vopak Botlek has commissioned eight new tanks with a total capacity of 149,000 m3. The first shipment consisted of ethanol for use in fuels. In addition, the handling apparatus for ethanol trains is to be modified. It was already possible to load unit trains for methanol and unload trains for ethano
Shell will build a new hydrodesulphurization plant at its Pernis Refinery in the port of Rotterdam, Europe’s largest refinery. The plant, expected to come on stream in the second half of 2011, will increase cleaner-burning, low-sulphur fuels production at the 400 thousand barrels per day refinery.
