Thursday, June 22, 2017

Gener8 Maritime Enters Tanker Scene

August 11, 2015 by  
Filed under Top Stories

Crude oil tanker operator General Maritime Corporation and Navig8 Crude Tankers Inc have completed their merger to create Gener8 Maritime, a U.S.-based provider of international seaborne oil transportation services. Under the deal, Navig8 Crude merged with a newly-formed subsidiary of General Maritime and became a wholly-owned subsidiary of General Maritime. General Maritime was renamed Gener8 […]

Maritime Clusters the Way to Go for EU

August 11, 2015 by  
Filed under Top Stories

Commissioner Karmenu Vella By forging connections between science, education and business, maritime clusters can help maintain a strong and sustainable maritime sector in Europe which is essential for Europe to have a strong economy. This was the key message that Commissioner Karmenu Vella, responsible for Environment, Maritime Affairs and Fisheries, shared at a meeting of […]

Canada Invests in Shore Power Infrastructure at Ports of Montreal and Quebec

August 11, 2015 by  
Filed under Top Stories

The government of Canada has set aside new funding for the installation of shore power infrastructure at the Port of Quebec and the Port of Montreal. The shore power infrastructure will be installed at Quebec’s Pointe-à-Carcy cruise terminal, with an estimated cost of around CAD 13.5 million. The government of Canada will provide up to […]

Chevron Hits Anchor Oil in GoM

February 10, 2015 by  
Filed under Top Stories

Chevron Corporation has announced a significant oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico.Anchor is Chevron’s second discovery in the deepwater Gulf in less than a year. “The Anchor discovery, along with the previously announced Guadalupe discovery, are significant finds for us in the deepwater Gulf of Mexico. We had […]

KOGT Hits Kongsberg Profit

February 10, 2015 by  
Filed under Top Stories

Norway’s Kongsberg has reported a profit after tax of NOK 32 million in Q4 2014, down from 375 million in the same period last year. The company has also posted a preliminary profit for the year after tax of MNOK 880, compared to last year’s MNOK 1 225. Namely, Kongsberg Oil & Gas Technologies KOGT […]

Reef Subsea Goes Under

February 10, 2015 by  
Filed under Top Stories

Norwegian offshore wind and oil & gas services player, Reef Subsea, has filed a bankruptcy petition to Bergen District Court despite company’s efforts to restructure and cut costs in order to stay afloat in today’s challenging market. The company, established in February 2010 and 100% owned by Stavanger-based company HitecVision, is likely to be Norway’s first […]

Allseas to Rename Pieter Schelte

February 10, 2015 by  
Filed under Top Stories

Dutch-Swiss offshore company Allseas has reportedly decided to change the name of the largest ship in the world Pieter Schelte. Despite years of criticism, Edward Heerema has until now refused to change the name of the 382 meter long and 124 meter wide Pieter Schelte, whose construction started in 2007 and cost €2.4 billion. A […]

The Port of Sunderland is 300 years old. Historically it was a hugely important contributor to the prosperity of the City playing a central role in the coal and shipbuilding industries.

February 10, 2015 by  
Filed under Top Stories

Recent investment and developments, together with significant political and commercial backing from the City Council, mean that the Port is once again central to Sunderland’s economic future. The mood amongst the management team and the businesses based at the Port is positive. Not only are the companies involved in more traditional cargoes enjoying resurgence at […]

Slight Dip in Irish Ports’ Total Traffic Volumes

December 2, 2014 by  
Filed under Port Services & Renewables

Container shipping volumes in Irish ports, Lo/Lo, rose by 9% in Q3, the Irish Maritime Development Office (IMDO) said in a release.                         Ro/Ro experienced a 6% growth and Break Bulk volumes grew by 16%. This is in contrast however to total traffic volumes […]

UK Launches Study to Improve Maritime Industry

December 2, 2014 by  
Filed under Port Services & Renewables

The United Kingdom’s Transport Minister John Hayes has launched a wide-ranging study that will look at how to boost the UK’s multi-billion pound maritime industry. The work will look at all aspects of the sector to identify where and how improvements can be made to generate growth. The study will report in summer 2015 and […]

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