DONG Energy Expands in the Port of Esbjerg
The positive development within the offshore industry has made its impact on DONG Energy, which is a significant player in the market. The increased activity has made it necessary to extend the company's office and storage facilities in the Port of Esbjerg. Therefore, DONG Energy has entered into an agreement with Blue Water Shipping to expand the two companies' existing lease agreement. Blue Water…
Aker Philadelphia Shipyard to Pay Dividend
]On July 16, 2014, the Board of Directors of Aker Philadelphia Shipyard ASA (Oslo: AKPS) resolved to pay a dividend to the shareholders of AKPS as of expiry of July 22, 2014, of NOK 1.5 per share, in aggregate NOK 18,862,149. The resolution was made pursuant to an authorization granted by the Annual General Meeting of AKPS on April 9, 2014. The shares in AKPS will be traded ex-dividend from and including July 23, 2014.
Sergey Gustov In-Charge of Gazprom LNG Saint Petersburg
Sergey Gustov has been appointed Director General of Gazprom LNG Saint Petersburg. Sergey Gustov was born in the Vladimir Region in 1969. In 1992 he graduated from Plekhanov Saint Petersburg State Mining Institute, majoring in Technology and Comprehensive Mechanization of Strip Mining. He is a PhD in Engineering. Between 1998 and 1999 Sergey Gustov was Deputy Director for Cooperation with State-Funded…
Cargotec's January-June 2014 Interim Report
Orders received increased 19 percent and totalled EUR 993 (833) million. Order book amounted to EUR 2,285 (31 Dec 2013: 1,980) million at the end of the period.Sales…
HII Completes Sea Trials on Fourth National Security Cutter
Huntington Ingalls Industries (HII) announced today the successful completion of builder’s sea trials for the company’s fourth U.S. Coast Guard National Security Cutter, Hamilton (WMSL 753). The ship, built by HII’s Ingalls Shipbuilding division, spent three full days at sea testing all of the ship’s systems. “It’s a team effort to bring one of these magnificent ships to life, and the NSC team has…
ABB Wins $35 mln HVDC Upgrade Order in Canada
ABB, the leading power and automation technology group, has won an order worth about $35 million from Hydro-Québec to upgrade the 350 megawatt (MW) Madawaska high-voltage direct current (HVDC) transmission link, that connects the grids of New Brunswick and Hydro Québec in southeast Canada. The order was booked in the second quarter of 2014. The project scope includes installation of ABB’s MACH control and protection system and the upgrade of the valves and valve cooling system.
MHI to Integrate Two Group Companies
Effective October 1, Mitsubishi Heavy Industries, Ltd. (MHI) will integrate two of its group companies: Mitsubishi Heavy Industries Air-Conditioning and Refrigeration Corporation, which handles majority of domestic sales of air-conditioning and refrigeration (AC&R) products, and Kusakabe Co., Ltd., a company that deals in heating systems. The aim is to strengthen MHI's AC&R business by integrating the two firms' sales networks as a way to achieve enhanced marketing power.
Port of Antwerp to Set Up LNG Bunkering
It would be possible for barges to fill up with LNG at a permanent bunkering station in the port of Antwerp by the beginning of 2016. Truck-to-ship bunkering is already possible, but by setting up a bunkering station the port of Antwerp aims to make LNG permanently available. In comparison with the diesel fuel currently used by European barges, LNG is much cleaner and environment-friendly. Barges powered by LNG emit hardly any particulates, and NOx emissions are drastically reduced.
16 U.S. States at High Risk of Damaging Earthquakes -USGS
Sixteen states are at high risk of damaging earthquakes over the next 50 years and certain areas of the United States face a higher threat of temblors than previously thought, a federal geological survey agency said. The findings come from updated earthquake hazard maps that were released by the U.S. Geological Survey on Thursday. The maps are used to help define safe building codes, help emergency responders plan after a quake, and influence insurance rates, the report said.