Highlights: – EBITDA of NOK 424 million in Q1 2011 compared with NOK 88 million in Q1 2010. – Profit before tax of NOK 334 million for Q1 2011 (Q1 2010: NOK -151 million). – Orderbook situation: *Order intake of NOK 1 708 million in Q1 2010 (Q1 2010: NOK 2 808 million). *7 vessels […]
Olympic Shipping contracts a new ship at Kleven Maritime at a value of 380 million NOK ( approx USD 69 mln) . With this contract, Kleven Maritime’s order reserve increases to 10 vessels at a combined value of 3.7 billion NOK ( approx USD 671.9 mln). The Olympic Shipping contract manifests Kleven Mar
During a press conference today in Milan, Gérard Mestrallet, Chairman and CEO of GDF SUEZ, and Aldo Chiarini, Chairman of GDF SUEZ Energia Italia, presented the Group’s new structure and aims in the country. The Group set three priorities for the development of its activities in Italy: double its ga
International superyacht brokers OCEAN Independence and Dutch superyacht builder AMELS are delighted to announce the sale by OCEAN Independence broker Jeroen Minnema of the first AMELS LIMITED EDITIONS 180, designed by Tim Heywood. Due for delivery in May 2013, the latest in the AMELS premium semi-c
There are several locations in Latvia where liquefied natural gas (LNG) terminal could be built, as Latvenergo Research and Development Dire… (baltic course) [mappress] Source: baltic course, May 12, 2011;
Safebridge introduces a breakthrough online solution for type-specific ECDIS training, developed in cooperation with leading marine equipment manufacturers. New requirements in ECDIS training from Standards of Training, Certification and Watchkeeping for Seafarers (STCW) 2012, the International Safe
The 105 mtrs long SIGMA class frigate, built by Damen Schelde Naval Shipbuilding for the Royal Moroccan Navy, left Vlissingen on the 6th of May for her sea acceptance trials in the North Sea, right on schedule as agreed in the contract. During the SAT, an extensive program will be carried out in whi
IHC Metalix has put a new bevel robot into operation. This robot produces complex final forms in steel components in a single cutting operation. Consequently, IHC Metalix expects a 75% reduction in the changeover time and a significant improvement in quality. This means that the newly added bevel ro
Polish installation, engineering and support services company Kongsberg Shipmedics has become a wholly owned Kongsberg Maritime subsidiary, officially called Kongsberg Maritime Poland Ltd. The Szczecin area based company will continue it’s remit of providing project and customer services at a global
Cargotec has received a further order from Santos Brasil S/A for 12 Kalmar E-One2 rubber-tyred gantry (RTG) cranes. The agreement confirms one of South America’s leading container terminal operators as the biggest customer of Kalmar E-One RTGs worldwide totalling 41 machines. The units were ordered
IHC Merwede has announced that is has acquired Hytech on 3 May 2011. This acquisition enables IHC Merwede to further secure its position in the offshore market. IHC Merwede designs and constructs dive support vessels suitable for activities to a depth of 300 metres. Hytech designs the on-board equip
A collaborative project bringing together three of Europe’s leading utilities and wave energy technologies provided by Aquamarine Power and Pelamis has been selected by the UK Government for a major European funding bid. The Pentland Orkney Wave Energy Resource (POWER) Ltd project is the only wave e
A collaborative project bringing together three of Europe’s leading utilities and wave energy technologies provided by Aquamarine Power and Pelamis has been selected by the UK Government for a major European funding bid. The Pentland Orkney Wave Energy Resource (POWER) Ltd project is the only wave e
The Turkish shipyard Vicem Yachts, leader in the construction of completely custom hand crafted down-east style lobster boats and innovative and prestigious open and mega-yachts, continues its march towards excellence concentrating all production in their Antalya facilities on the Turkish south-east
