GLO Marine Eyes $57m in Revenue for Middle East Expansion, New Facility
GLO Marine is targeting revenues of more than USD$57.47 million (€50 million) by 2030 as it prepares to establish a permanent operation in the Middle East and bring its new USD$6.9 million (€6 million) Technology Centre in Romania into commercial operation.The two investments sit at the center of a wider growth plan that will see the company expand from its established marine and offshore engineering base into larger integrated project scopes, technology integration and a broader…
STARS: The Missing Link in Deep Sea Mining Supply Chain
As companies approach the exploitation phase of Deep Sea Mining, one critical factor is the transportation of mineral ores from the mine site location to onshore refineries While this may appear to be a relatively simple step, involving conventional bulk ore carriers and standard procedures, the nuances and practical limits of operating in the deep ocean mean that this step becomes increasingly complex and challenging. This article will explore the STARS concept, the likely regulatory requirements, and the complexities of this new vessel type.
Tech File: H-Glide Structural Bearings for Extreme Environs
Custom-fabricated structural bearings are being introduced by Hercules Engineering for extremely high stress applications in structures requiring outstanding load-bearing performance, even in compact or wet spaces in applications such as ports loaders, land and marine logistics and resources exploration and processing structures.The latest Herculon structural bearings are manufactured by integrating H-Glide fiber-reinforced composite pads sliding on 2B finish stainless steel to achieve an exceptionally low sliding coefficient of friction compared with other engineering bearing materials…
