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News

Panama Canal: Update on Expanded Waterway Operations
News

Panama Canal: Update on Expanded Waterway Operations

Following the Expanded Panama Canal’s first month of operations, the Panama Canal Administrator Jorge L. Quijano last week presented representatives of shipping lines and shipping agents with an update on the operations of the expanded canal. “We are very pleased with the first month of activity at

about 10 years ago
UK Government Mulls Post-2020 Renewables Support
News

UK Government Mulls Post-2020 Renewables Support

The UK Government’s consultation on whether to modify renewable energy subsidy regulations to allow the support to projects due to start between 2020 and 2026 closes today. Although the UK Government has recently cut support for onshore wind and solar, it has indicated it will provide further suppor

about 10 years ago
Report: Offshore Wind a Golden Ticket for UK East Coast Ports
News

Report: Offshore Wind a Golden Ticket for UK East Coast Ports

The offshore wind sector has an enormous potential to accelerate economic growth on the east coast of Britain, according to a strategic review of the UK’s east coast port facilities carried out by BVG Associates for the Offshore Wind Industry Council. The report, Strategic review of UK east coast st

about 10 years ago
Four Containers Recovered after Singapore Strait Collision, One Left in Indonesian Waters
News

Four Containers Recovered after Singapore Strait Collision, One Left in Indonesian Waters

Four containers have been retrieved from the Singapore waters following the collision of Panama-flagged Very Large Crude Carrier (VLCC) Dream II and containership MSC Alexandra on August 3, Maritime and Port Authority of Singapore (MPA) said. From the ten empty containers that fell overboard, five l

about 10 years ago
Pacific Drilling: 2Q profit down to $8 million
News

Pacific Drilling: 2Q profit down to $8 million

Offshore drilling company Pacific Drilling has reported a drop in its second-quarter net income for 2016, citing challenging drilling market conditions. The driller, which owns a fleet of seven drilling ships, posted a net profit for the quarter of $8.2 million, down from $47.1 million reported in t

about 10 years ago
Pioneering Spirit Leaves Rotterdam for Offshore Trials
News

Pioneering Spirit Leaves Rotterdam for Offshore Trials

The world’s largest single-lift installation/decommissioning and pipelay vessel, Allseas’ ‘Pioneering Spirit’, departed Rotterdam on Saturday and is heading for offshore trials in the North Sea. The vessel has been moored in Rotterdam’s Alexiahaven since January 2015 for installation, commissioning

about 10 years ago
Submarine Cable Route Study for Nunavik
News

Submarine Cable Route Study for Nunavik

By Tamaani Internet Following the expected completion by the end of 2016 of local fibre optic networks for four out of 14 villages in the territory north of the 55th parallel in Quebec (Canada), the Kativik Regional Government (KRG) is now considering the possibility of building a submarine fibre op

about 10 years ago
Tanker Market Could See More Upside Potential in 2H
News

Tanker Market Could See More Upside Potential in 2H

Due to rather severe summer doldrums, earnings across all tanker sectors dropped to levels not seen since September 2014. Tanker rates typically stage a recovery going into the northern hemisphere winter months, however, according to Poten & Partners, there are concerns that this might not happen to

about 10 years ago
Chief’s Report Recommends Over $3 Billion for Louisiana
News

Chief’s Report Recommends Over $3 Billion for Louisiana

Dr. Charles Boustany has received a favorable Chief’s Report from the United States Army Corps of Engineers for the Southwest Coastal Louisiana Feasibility Study. The report recommends over $3 billion in projects to reinforce, rebuild and protect the coastal communities of Calcasieu, Cameron and Ver

about 10 years ago
Massachusetts Governor to Sign Energy Bill
News

Massachusetts Governor to Sign Energy Bill

Massachusetts Governor Charlie Baker is expected to sign the state’s landmark energy bill which calls for public utilities to buy 1,600 MW of power generated from offshore wind farms over the coming decade on Monday, 8 August. The legislation directs companies engaging in the distribution of electri

about 10 years ago
Massachusetts Governor to Sign Energy Bill
News

Massachusetts Governor to Sign Energy Bill

Massachusetts Governor Charlie Baker is expected to sign the state’s landmark energy bill which calls for public utilities to buy 1,600 MW of power generated from offshore wind farms over the coming decade on Monday, 8 August. The legislation directs companies engaging in the distribution of electri

about 10 years ago
Q-Max LNG carrier heading to UK’s South Hook terminal
News

Q-Max LNG carrier heading to UK’s South Hook terminal

The 266,000-cbm Q-Max LNG tanker Rasheeda, one of the world’s largest LNG tankers is scheduled to arrive at the UK’s South Hook import terminal this week. The M-type, electronically controlled, gas injection (MEGI)-powered LNG carrier is carrying a cargo from the Port of Ras Laffan, Qatar and is exp

about 10 years ago
VIDEO: Giant vessel Pioneering Spirit heads to North Sea for trials
News

VIDEO: Giant vessel Pioneering Spirit heads to North Sea for trials

Following the recent completion of harbor test program, the world’s largest platform installation & decommissioning, pipelaying vessel, the Pioneering Spirit, departed Rotterdam on Saturday morning, August 6. The vessel is heading for offshore trials in the North Sea ahead of Yme platform removal. A

about 10 years ago
World’s largest semi-sub rig gets classed by DNV GL
News

World’s largest semi-sub rig gets classed by DNV GL

DNV GL has welcomed the world’s largest semi-submersible drilling rig into class recently. Ocean GreatWhite is 123 meters long and 78 meters wide and was delivered at Hyundai Heavy Industries in Ulsan, South Korea in mid-July. Owned by the Houston-based drilling contractor Diamond Offshore, the rig

about 10 years ago
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