Wave energy developer Orecon, based in the South West of England, has hit stormy waters. CEO David Crisp said “I thought that after years of struggling for funding we had weathered the worst that the financial markets could throw at us. I was wrong. Earlier this year our venture capital funders withdrew their support, ironically since then we have won through to the final round of the £22m MRPF grant scheme (worth up to £6m), Carbon Trust Ventures have given their support to match fund third party investors and our UK and US patents have been granted. We now find ourselves in urgent need of new investment. Whilst we recognise the difficult economic times it is vital that industry now steps up its involvement, there is a huge commercial opportunity here for someone willing to step in now. We have the design, the site, full government support and a crack team, but time is short. Without investment we will have to close the doors at the end of January.” While the government has been much criticized for failing the marine energy industry through lack of appropriate funding, newly formed DECC has recognized the importance of marine renewables and is rapidly taking steps to remedy the situation. The $36.2m Marine Renewables Proving Fund (MRPF) announced in September this year fills a funding gap that existed for companies wanting to deploy a first prototype
Furuno, a manufacturer of marine electronics, won three more National Marine Electronics Association (NMEA) awards at the prestigious 2013 NMEA Convention in San Diego, Calif. These three awards had Furuno once again leading the total number of awards captured by any one manufacturer this year, as well as bringing Furuno’s NMEA Award all-time total to an incredible 208, since NMEA started presenting awards in 1971.
Norwegian Design Council recognises design innovation with prestigious award Kongsberg Maritime's New Offshore Vessel Simulator Instructor System has received a prestigious Award for Design Excellence from the Norwegian Design Council (NDC). The award was presented to Kongsberg Maritime during the NDC's Design Day, which took place in Oslo on Wednesday 16th March 2011. The Award for Design Excellence is a leading award for design in Norway and is given to both manufacturers and designers
Subsea 7, a provider to the offshore energy industry, has won the Pipeline Industries Guild’s (PIG) 2012 Subsea Pipeline Technology Award. The award was made at the PIG National Dinner in London’s Grosvenor House Hotel. The award recognizes Subsea 7’s technology initiative for the installation of Mechanically Lined Pipe (Bubi® pipe) by reel–lay³. Subsea 7’s has been working with the pipe manufacturers BUTTING to optimize the technical and
Wave catamaran cruiser yacht design by Roberta Visintin wins the Silver A' Design Award A' Award and Competitions announce that the design Wave Catamaran by Roberta Visintin has been recognized with the Silver A' Design Award in the Yacht and Marine Vessels Design Category, after rigorous judging by the international committee of A' Design Awards & Competitions. Roberta Visintin, the creator of the project Wave Catamaran explains: “Thinking about the sea as a world in a continuous
Attorney John Boehnert honored by Rhode Island Bar Association for article on federal Coastal Zone Management Act The Rhode Island Bar Association honored Rhode Island real estate and environmental lawyer John M. Boehnert with the Rhode Island Bar Journal Lauren E. Jones Writing Award for his article “Rhode Island’s Coastal Resources Management Program and the Coastal Zone Management Act’s Federal Consistency Program”.
Intellian Technologies, marine satellite entertainment and communications provider, received a World Class Products award from the South Korean Government. Headquartered in Seoul, South Korea, the company’s marine satellite tracking antenna systems were selected by the Ministry of Knowledge Economy (MKE) during the recent certificate granting ceremony at the COEX InterContinental Hotel. MKE World Class Products represent over 10 percent of South Korea’s international market share
Noble Energy, Inc. (NYSE:NBL) announced that the Department of the Interior's Minerals Management Service (MMS) awarded the company the 2009 Safety Award for Excellence (SAFE) in the moderate activity operator category for outstanding achievements in offshore safety, environmental protection, and pollution prevention in the Gulf of Mexico. This is the second year in a row that Noble Energy has won the SAFE award. Winners were announced at the MMS Annual Industry Awards program held in
Jodi Satches named 2011-2012 Safety Professional of the Year by Signal Mutual Indemnity Association Ltd. Ms. Satches is Bollinger's Vice President,Health, Safety & Environmental Services, and the award was presented to her recentlly at the Signal Mutual Board of Directors Meeting in Orlando. The Safety Professional of the Year Award is presented to the industry representative who has promoted employee safety and health throughout their organization
Geodis Wilson, a freight management companies, has been awarded the Best Logistics Service Provider – Project Cargo, at the 27th Asian Freight and Supply Chain Awards (AFSCA). SK Yeung, Managing Director Geodis Wilson Greater China, and Bill Guo, Sales Director for Hong Kong and China, received the Award during the ceremony in Beijing. The key criteria for award entrants for this particular category were to provide bespoke solutions for cargoes outside the normal product range;
KONGSBERG will provide the C4I infrastructure solution for the CCM Mk 1 production contract, awarded to Oregon Iron Works, Inc. (OIW) in Clackamas, OR on February 10th, 2014. KONGSBERG will provide their C4I CORTEX system to fulfill the requirements of
Topaz Energy and Marine, an offshore support vessel company with primary operations in the Middle East and Caspian, announced a new contract win for its fast growing West Africa operation. Under the terms of the $11 million agreement, Topaz will supply a global oil major with a platform supply
South Korea's Samsung Heavy Industries said on Wednesday that it is proceeding with a project worth 642.9 billion won ($617.67 million) to build seven container ships as planned. The shipbuilder won the order from Chilean shipping firm Compania Sudamericana de Vapores (CSAV) a year ago
Three European companies have won contracts for almost half the value of Angola's $16 billion ultra-deepwater Kaombo oil project, confirming a trend toward bigger scale and risk for the deep-sea contracting and construction sector. Saipem of Italy announced a $4 billion contract related to
Australia's Assistant Minister for Defence, Stuart Robert, has announced that the Canberra headquarters of the Defence Science and Technology Organisation (DSTO) is being named after the late Dr David Warren who developed the ‘black box’ to help in the investigation of aircraft
Silver Discoverer, Silversea's latest addition to its award-winning expedition fleet, welcomes her first guests today, exactly 20 years to the day since the company launched its first ultra-luxury cruise ship. Setting sail at 4:30 p.m. on her inaugural voyage from the port city of Broome
Korean Register (KR), an IACS member classification society, announces the release of a new mobile app containing all up-to-date IMO conventions. This brand new facility is based on KR’s award winning KR-CON software which is an international database program containing the full
At 7:25 a.m. on April 7, Statoil and its partners (GDF SUEZ and OMV) started production on the Gudrun oil and gas field in the North Sea. "Gudrun is the first new Statoil-operated platform to come on stream on the Norwegian continental shelf since 2005
The commitment of GAC Energy & Marine Services (GEMS) to sustainability when building its new purpose-built office and warehouse building in Houston, Texas, has earned it the First Prize in the GAC Group Chairman's Award for Environmental Excellence for 2013.
Samsung Heavy Industries Co Ltd said on Wednesday it won a 1.34 trillion won ($1.27 billion) order to build two drillships for an unnamed firm based in or near Australia. The South Korean shipbuilder said in a regulatory filing the contract was expected to be completed by June 2017. ($1 = 1052
Bestobell Valves, part of the President Engineering Group, said it has received a major boost to its marine division with the award of a new contract for cryogenic cargo globe valves from the Hudong Zhonghua shipyard in China. The multimillion dollar contract will see the U.K
Samsung Heavy Industries Co Ltd said on Wednesday it won a 1.34 trillion won ($1.27 billion) order to build two drillships for an unnamed firm based in or near Australia. The South Korean shipbuilder said in a regulatory filing the contract was expected to be completed by June 2017
At this week’s 12th Annual Ferry Shipping Conference sailing on board Romantika between Stockholm & Riga, Danish Naval Architects, Knud E. Hansen A/S, were awarded the 2013 ShipPax Award. The award was presented in recognition of the efficient and innovative design of internal
Award for the tabletop unit of ABB’s new remote crane operator station, which is a crucial part of ABB’s crane operation solution that enables increased productivity and provides improved working environment for crane operators.
The Port of Antwerp has won the “Port of the Year” award for a second time at the Seafarers’ Welfare Awards organised by the International Seafarers’ Welfare and Assistance Network (ISWAN). Chief Operations Officer Christiaan De Block accepted