The 1,000-megawatt (MW) subsea power cable linking the British and Dutch markets will undergo planned maintenance work for… (Reuters) [mappress] Source: Reuters, November 11, 2011; Image: BritNed
Dutch heavy lift specialist, Dockwise, today reported a net income of $8 million for the 3rd quarter 2011, a 39% dip on the $13.1 million earned in the third quarter the year before. Revenues were $112.9 million, higher than $108.9 million in the third quarter 2010 . Vessel utilization, based on 365
E.ON is developing a pilot plant in Falkenhagen in the north east of Germany to convert power from wind energy into hydrogen which can then be stored in the country’s gas grid. The company is investing over EUR5 million on the pilot plant and further research into this innovative technology. Using p
E.ON is developing a pilot plant in Falkenhagen in the north east of Germany to convert power from wind energy into hydrogen which can then be stored in the country’s gas grid. The company is investing over EUR5 million on the pilot plant and further research into this innovative technology. Using p
The European Commission has authorised Swedish plans to grant SEK139 million (ca. € 15 million) towards the development of a wave energy production demonstration plant by Seabased Industry AB. The production of energy from sea waves has been in development for some years, but has still not reached t
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that it has entered into a time charter contract with Hyundai Merchant Marine Co. Ltd, Seoul, South Korea, for one of its Panamax dry bulk carriers, the m/v Erato, at a gro
Nautilus Minerals Inc continued to make steady progress in the development of its pioneering seafloor copper/gold project in the September quarter of 2011, and remains on track to commence production in the final quarter of 2013. The company completed the quarter with a cash balance of US$155.1 mill
Following last week’s announcement that Ferguson Shipbuilders, Port Glasgow, Scotland had been named as the preferred bidder for the contract to build the world’s first two sea going Roll On Roll Off vehicle and passenger diesel electric hybrid ferries, Caledonian Maritime Assets Limited (CMAL) and
YN 247 will feature a full-beam master stateroom and owner’s study on the main deck. Eight guests will enjoy first class accommodation in four cabins, with dedicated quarters for the captain and four crew members. There will be a special garage for the tender in the lazarette, which will be located
MV Ginny Louise will be in UK waters in early December. She will be touring the UK’s East Coast in December starting in Southampton and stopping at Ramsgate, Sheerness, Brightlingsea, Harwich, Felixstowe, Lowestoft, Great Yarmouth, Wells-next-the-Sea and Grimsby. MV Eden Rose due in the UK in Januar
Hamworthy has secured a contract for the supply of regasification technology on board what are understood to be the world’s first newbuild Floating Storage and Regasification Units (FSRUs). Two 170,000m3 storage capacity vessels, owned by Hoegh LNG, are being built at the world’s largest shipbuilder
Hamworthy has secured a contract for the supply of regasification technology on board what are understood to be the world’s first newbuild Floating Storage and Regasification Units (FSRUs). Two 170,000m3 storage capacity vessels, owned by Hoegh LNG, are being built at the world’s largest shipbuilder
China’s State Oceanic Administration (SOA) said on Friday that an oil leak by a subsidiary of Houston-based ConocoPhillips in China’s … (Reuters) [mappress] Source: Reuters, November 11, 2011; Image: ConocoPhillips
Aker Solutions has signed a contract with Lundin for the engineering, procurement and construction of a subsea production system for the Brynhild project on the Norwegian continental shelf. The contract value is approximately NOK 700 million (USD 123 Million). The scope of work includes one template
