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Business & Finance

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USA: Port of Seattle Gets Three More Super Post Panamax Cranes
Business & Finance

USA: Port of Seattle Gets Three More Super Post Panamax Cranes

The Port of Seattle’s Terminal 18, run by SSA Terminals, will have three more Super Post Panamax cranes, allowing it to handle the largest container vessels in the world. “SSA is making Terminal 18 big-ship ready for the next generation of ocean-going vessels,” said Port Commission President Gael Ta

about 14 years ago
Revised Funding to Help Offshore Wind Businesses in Humber, UK
Business & Finance

Revised Funding to Help Offshore Wind Businesses in Humber, UK

New funding levels for renewables technology will support the Humber’s ambitions to be a world-class centre for green energy, according to an industry leader. Sam Pick, of the Renewables Network, has broadly welcomed the Government’s long-awaited announcement on clean energy subsidy levels. For the

about 14 years ago
Revised Funding to Help Offshore Wind Businesses in Humber, UK
Business & Finance

Revised Funding to Help Offshore Wind Businesses in Humber, UK

New funding levels for renewables technology will support the Humber’s ambitions to be a world-class centre for green energy, according to an industry leader. Sam Pick, of the Renewables Network, has broadly welcomed the Government’s long-awaited announcement on clean energy subsidy levels. For the

about 14 years ago
USA: Congressman Pallone Opposes GOP Offshore Oil Drilling Plan
Business & Finance

USA: Congressman Pallone Opposes GOP Offshore Oil Drilling Plan

Congressman Frank Pallone, Jr. (NJ-06) voted against the H.R. 6082, a bill that expands offshore oil drilling off the East Coast in the Atlantic Ocean. The Republican offshore drilling plan would expose environmentally sensitive areas and coastal communities to unprecedented risk and could potential

about 14 years ago
Carnegie: Australian Science Agency Reports Significance of Wave Energy
Business & Finance

Carnegie: Australian Science Agency Reports Significance of Wave Energy

Wave energy developer Carnegie Wave Energy Limited announces a new report from Australia’s national science agency highlighting the significant role that wave energy can play in Australia’s future energy mix. The study, carried out by the CSIRO (Commonwealth Scientific and Industrial Research Organi

about 14 years ago
SHI Completes Construction of World’s Largest WIV (South Korea)
Business & Finance

SHI Completes Construction of World’s Largest WIV (South Korea)

Samsung Heavy Industries announced on the 25th that it had successfully built Pacific Orca, the world’s largest wind farm installation vessel (WIV), and delivered it to SPO (Swire Pacific Offshore), a Singapore-based shipper. The wind farm installation vessel is a new special vessel for which demand

about 14 years ago
Norway: Statoil Increases Oil and Gas Production by 17 pct in 2Q
Business & Finance

Norway: Statoil Increases Oil and Gas Production by 17 pct in 2Q

Statoil’s second quarter 2012 net operating income was NOK 62.0 billion, a 2% increase compared to NOK 61.0 billion in the second quarter of 2011. “Statoil continues to deliver good financial results and strong cash generation. We increased oil and gas production by 17% in the second quarter compare

about 14 years ago
Malaysia: Fire Onboard MISC Berhad’s Tanker ‘Bunga Alpinia’
Business & Finance

Malaysia: Fire Onboard MISC Berhad’s Tanker ‘Bunga Alpinia’

MISC Berhad (MISC) has confirmed that a fire broke out onboard its 38,000 DWT IMO II chemical/palm oil tanker, Bunga Alpinia at approximately 2.30am (local time) this morning. The vessel was alongside the PETRONAS Chemicals Methanol Sdn Bhd terminal in Labuan when the incident took place. The ship h

about 14 years ago
Statoil Revenues Increase in 2Q (Norway)
Business & Finance

Statoil Revenues Increase in 2Q (Norway)

Statoil’s second quarter 2012 net operating income was NOK 62.0 billion, a 2% increase compared to NOK 61.0 billion in the second quarter of 2011. “Statoil continues to deliver good financial results and strong cash generation. We increased oil and gas production by 17% in the second quarter compare

about 14 years ago
Papua New Guinea: Castoro 10 Completes PNG LNG Offshore Pipeline Installation
Business & Finance

Papua New Guinea: Castoro 10 Completes PNG LNG Offshore Pipeline Installation

Installation of the PNG LNG Project’s 407-kilometre offshore pipeline is complete, after the two sections of pipe were recently connected. This major milestone was performed by the Castoro 10 Shallow Water Lay Barge. The pipeline was laid in two sections over eight months, using two vessels, one sta

about 14 years ago
PNG LNG Project Completes Offshore Pipeline
Business & Finance

PNG LNG Project Completes Offshore Pipeline

Installation of the PNG LNG Project’s 407-kilometre offshore pipeline is complete, after the two sections of pipe were recently connected. This major milestone was performed by the Castoro 10 Shallow Water Lay Barge. The pipeline was laid in two sections over eight months, using two vessels, one sta

about 14 years ago
Christening Ceremony for Evergreen’s First L-ype Containership (South Korea)
Business & Finance

Christening Ceremony for Evergreen’s First L-ype Containership (South Korea)

Ever Lambent, the first L-type containership in the Evergreen Line fleet, was christened by Evergreen Group Chairman and founder Dr. Chang Yung-fa at the Samsung Heavy Industries shipyard. The ceremonial rope cutting for the new 8,452-TEU vessel was performed by Mrs. Lee Yu-mei. The ceremony was att

about 14 years ago
NYK Celebrates Reconstruction of Port Devastated by Japan Quake
Business & Finance

NYK Celebrates Reconstruction of Port Devastated by Japan Quake

NYK Global Bulk Corporation, an NYK Group company, held a get-together on board its 58,000-ton bulk carrier New Pride with guests from the Ishinomaki area in Miyagi prefecture to celebrate the installation of a new mechanical unloader (cargo handling machinery) at the port’s No. 7 Hiyori wharf and t

about 14 years ago
Aker Solutions Bags Well Intervention Contract from Total E&P Angola
Business & Finance

Aker Solutions Bags Well Intervention Contract from Total E&P Angola

Aker Solutions’ subsidiary Aker Oilfield Services has received a contract from Total E&P Angola for providing subsea intervention services from the oil services company’s purpose-built intervention vessel, Skandi Aker. The agreement marks a breakthrough for vessel-based intervention services in deep

about 14 years ago
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