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Business & Finance

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Deltares: Colombians Learn about Coastal Erosion (The Netherlands)
Business & Finance

Deltares: Colombians Learn about Coastal Erosion (The Netherlands)

Together with UNESCO-IHE, Deltares organised a coastal erosion course in Delft this week for a group of Colombians from research institutions and a number of regional government authorities. The course consists of passing on information, but there are also workshops during which possible solutions a

about 13 years ago
Petronas, ConocoPhillips Sign PSC for Block Offshore Sabah, Malaysia
Business & Finance

Petronas, ConocoPhillips Sign PSC for Block Offshore Sabah, Malaysia

PETRONAS has awarded a Production Sharing Contract (PSC) for Block SB311 offshore Sabah to a partnership of ConocoPhillips Sabah Gas Ltd., Shell Energy Asia Limited and PETRONAS Carigali Sdn Bhd. The block, measuring 1,046 square kilometres, is located in the central part of the Sabah Basin in water

about 13 years ago
ABB Supplies HVDC Subsea Power Transmission System in Finland
Business & Finance

ABB Supplies HVDC Subsea Power Transmission System in Finland

ABB, the leading power and automation technology group, has won an order worth around $130 million from Kraftnät Åland AB to supply a new power transmission link between the Finnish mainland and Åland. The high-voltage direct current (HVDC) transmission system will be capable of transmitting 100 MW

about 13 years ago
ADPC: New Era in UAE’s Trading and Maritime History Opens
Business & Finance

ADPC: New Era in UAE’s Trading and Maritime History Opens

HH Sheikh Khalifa bin Zayed Al Nahyan President of the UAE and Ruler of Abu Dhabi (C), participates in the opening ceremony of Khalifa Port in Khalifa Industrial Zone Abu Dhabi (KIZAD). Seen with HH Sheikh Mohammed bin Rashid Al Maktoum Vice-President Prime Minister of the UAE and Ruler of Dubai (L)

about 13 years ago
UAE: Topaz to Design and Build 10 Fast Steel Crew Boats for KOC
Business & Finance

UAE: Topaz to Design and Build 10 Fast Steel Crew Boats for KOC

Renaissance subsidiary, Topaz Marine Engineering (Topaz), a UAE-based full service ship building, ship repair and engineering services company, confirms it has been commissioned by the Kuwait Oil Company (“KOC”) to design, build and deliver 10 Fast Steel Crew /Pilot Boats of 22m LOA (“Crew/Pilot Boa

about 13 years ago
IACS Celebrates Re-Opening of Its Brussels Office (Belgium)
Business & Finance

IACS Celebrates Re-Opening of Its Brussels Office (Belgium)

The International Association of Classification Societies celebrates the re-opening of its Brussels office with the EU maritime community Representatives from EU Institutions, European and international organisations were invited to an event organised by the International Association of Classificati

about 13 years ago
Wood Group Expects 2012 Performance to Be in Line with Expectations (UK)
Business & Finance

Wood Group Expects 2012 Performance to Be in Line with Expectations (UK)

John Wood Group PLC (“Wood Group”) issues the following pre-close trading update for the year to 31 December 2012. Full year results will be announced on 5 March 2013. Overall, conditions in energy markets remain favourable. The Group expects to deliver good growth for the year in line with expectat

about 13 years ago
UK: Drain Center to Supply Specialist Pipework for Humber Gateway
Business & Finance

UK: Drain Center to Supply Specialist Pipework for Humber Gateway

Drain Center has won a contract to supply specialist pipework for a new £736 million high-profile wind farm construction project, located approximately eight kilometres off the East Yorkshire coast. The 12 month contract, currently valued at £300,000, saw Drain Center selected by PBU (UK) Ltd of Sed

about 13 years ago
Alfa Laval Unveils Its New Waste Heat Recovery Economizer (Denmark)
Business & Finance

Alfa Laval Unveils Its New Waste Heat Recovery Economizer (Denmark)

Ship owners, hard pressed to boost profits in light of rising fuel costs and stricter emissions regulations, will find welcome relief in the new Aalborg XS-TC7A waste heat recovery (WHR) economizer from Alfa Laval. Designed for use after a ship’s auxiliary engines, this innovative waste heat recover

about 13 years ago
Statoil: Permanent Seabed Seismic Streamers to Boost Production
Business & Finance

Statoil: Permanent Seabed Seismic Streamers to Boost Production

New seismic tools will result in 30 million extra barrels of oil from Snorre and Grane when Norway’s oil company Statoil and its partners now start using permanent reservoir monitoring (PRM). The technology will ensure a better understanding of the reservoirs. Snorre and Grane are two oil fields wit

about 13 years ago
MeyGen Plans to Use Purpose-Built Catamaran for Its Tidal Energy Project in UK
Business & Finance

MeyGen Plans to Use Purpose-Built Catamaran for Its Tidal Energy Project in UK

Gills Harbour Ltd. has welcomed MeyGen’s decision to use a purpose-built catamaran for their tidal project between the mainland and Stroma, writes John O’Groat Journal. Namely, MeyGen is planning to install 400 electricity-generating turbines in the Inner Sound. For this project they primarily wante

about 13 years ago
China Dredging Group Posts Third Quarter 2012 Results
Business & Finance

China Dredging Group Posts Third Quarter 2012 Results

China Dredging Group Co. Ltd., one of the leading independent providers of dredging services in the PRC, today announced its unaudited financial results for the third quarter of 2012. Nine Months Ended September 30, 2012 Highlights – Revenues of $166.0 million, a 1.1% year-over-year increase; – Gros

about 13 years ago
Shell and Technip Samsung Consortium Strengthen FLNG Collaboration
Business & Finance

Shell and Technip Samsung Consortium Strengthen FLNG Collaboration

Shell Gas & Power Developments B.V. (Shell) and the Technip Samsung Consortium (TSC) have signed a heads of agreement to enhance collaboration on the design, engineering, procurement, construction and installation of future innovative FLNG facilities. The agreement builds on the existing relationshi

about 13 years ago
Naming and Delivery Ceremony for Practice Teaching Vessel Yu Ming (China)
Business & Finance

Naming and Delivery Ceremony for Practice Teaching Vessel Yu Ming (China)

On Dec.12th, the naming & delivery ceremony for 48000dwt ocean practice teaching vessel Yu Ming was held in the international shipping center. It was a milestone for China shipping Industry, education and shipbuilding industry. The new building of the subject vessel got the support from Ministry of

about 13 years ago
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