C-Power, the Belgian company developing a major wind farm in the North Sea, is on track to complete the financing of 48 wind turbines for… (langlophone) [mappress] Source: langlophone, August 05 , 2010;
Container shipperOrient Overseas (International) Ltd. said Thursday it swung to a first-half net profit because of improved freight rates due to China’s rapid recovery from the global economic downturn, as well as one-off gains from an asset sale. Orient Overseas, which is controlled by the family o
Adani Group (Adani) is to invest $1.2 billion over the next three to five years in Mundra Port and Special Economic Zone (MPSEZ). The company said that development of MPSEZ is essential to meet Adani’s 2013 target of turning the country’s first private port into India’s largest.
Heesen Yachts is proud to announce that Bannenberg & Rowell have been chosen to create a strikingly different style of interior decoration for the new yacht of Mr. and Mrs. Heesen, a 47-metre full-displacement, ocean going vessel. Mr. and Mrs. Heesen appointed Bannenberg & Rowell for the task becaus
Trelleborg Offshore has installed its Elastopipe™ corrosion-free fire safety deluge system, to replace the existing carbon steel pipework on seven modules, on Maersk’s Ngujima-Yin, a floating production storage and offloading (FPSO) vessel. The system was installed in under three months, without dis
One of the largest shipping exhibitions in the world – playing host to more than 52,000 international visitors and 2,000 exhibitors – is to recognise the International Maritime Organization’s (IMO) ‘Year of the Seafarer’ by supporting the global maritime charity Sailors’ Society, drawing attention t
MTN Satellite Communications (MTN), the leading global service provider of communications, connectivity, and content services to remote locations around the world, announced today that it has been awarded a five-year contract extension with Crystal Cruises to provide its VSAT satellite communication
Chris Gates, managing director of Princess Yachts International, is said to be “over the moon” following the Plymouth Council granting planning permission for the company’s £45m superyacht facility. Having secured this key approval, Princess is now in negotiation with the UK’s Ministry of Defence ov
Federal government officials are still considering a request for $19 million to help cover the cost of dredging Sydney harbour, according to the Nova Scotia government’s current point man on the proposed project. Jamie MacNeil, an aide to Premier Darrell Dexter, said Tuesday he has been speaking to
Leading international oilfield service company Expro today announces the signing of a $100million, multi-year contract with TS Marine Asia Pacific, to supply the Havila Phoenix vessel, together with ROV and other associated services, to deploy the AX-S™ subsea well intervention system. The broad tec
Offshore engineering company Sembcorp Marine achieved a 28 percent increase in net profit to S$176.1 million (US$130 million) from S$138.1 million (US$101 million) in the second quarter of 2009. The company’s turnover at S$1,097.9 million (US$811 million) was 27 percent lower compared with S$1,497.6
GBI Research’s new report “LNG Industry To 2016 – Increasing Gas Supply Challenges Future Growth Prospects” provides an in-depth analysis of… briefingwire [mappress] Source: briefingwire, August 5, 2010;
Rhenus Port Logistics’ breakbulk terminal in Rotterdam Waalhaven area is expanded considerably. The quay is extended from 580 to 900 metres. The terminal area grew from 33,000 to 63,000 square metres, with the area for covered storage increasing from 13,000 to 21,000 square metres. Since 2000, the R
Argus reported that this month’s second delivery to France’s Fos Cavaou LNG terminal has been scheduled, completing the terminal’s August co… steelguru [mappress] Source: steelguru, August 5, 2010;