Industry News – Page 126
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NewsIHC cuts away home facilities
In only two years, Royal IHC (IHC Merwede) has gone from soaring profits to Dutch job cuts.
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NewsRussian patrol boat changes engines
The sanctions imposed on Russia by EU countries have led to a change of engines for the lead boat in a series of patrol boats building to patrol the waters around St.Petersburg in the Baltic.
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NewsClose Brothers wind farm specialists
Close Brothers Marine and Aviation is a finance company that has become a specialist in providing finance for wind farm vessels. At their recent exhibit at Seawork the company had visits from several foreign potential owners. One came from Japan as the owners of the first wind farm vessel in ...
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Ship management merger
The largest ever merger of independent, third party ship management companies has been completed by Anglo-Eastern Ship Management Group and Univan Ship Management Group, advised by Clyde & Co.
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German restructure
Marine hardware specialist MacGregor, part of Cargotec, plans to reduce workforce in MacGregor Uetersen site in Germany to restructure the operations to the weak market demand. The market situation has deteriorated due to the low oil price and low number of new merchant ship orders.
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Boskalis records historically high profit
Royal Boskalis Westminster has recorded a busy first half of the year, with a net profit of €306.5m, representing a21% increase.
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Green boat partnership
French/ US Orion Naval Engineering which was initially founded in 2010 by a group of naval engineers, has signed a future project agreement with Eca Group, a company that has been internationally recognized for their expertise in robotics, automated systems and industrial processes.
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NewsTidal power project calls for investors
In June 2014 German Atlantisstrom’s first tidal power plant was installed and connected to the public electricity grid in the Faroe Islands for testing. The company is now actively seeking investors.
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NewsRussian shipyard to build Finnish dredger designs
Agreement has been reached between the Finish dredger builder and operator Wasa Dredging and the Russian ports, harbours and marine authority FSUE Rosmorport for the construction of Wasa dredger designs in Russia.
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Fallout following Royal Imtech bankruptcy
The bankruptcy of the Dutch European technical solutions firm, Royal Imtech, is creating shockwaves across the industry, according to research firm USP Marketing Consultancy.
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NewsFirst NOAA Charting Survey Using an ASV
The first use of an Autonomous Surface Vehicle (ASV) to perform bathymetry for updating the U.S. nautical charts for NOAA has taken place this summer. Surveying alongside a mother-vessel, the ASV collected data simultaneously on adjacent survey lines, effectively doubling the production rate of data.
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NewsPatrol sonar for Swedish Tappers
Swede Ship Marine will install new Kongsberg Maritime sonar systems as part of a major rebuild and lifetime extension of five patrol boats for the Swedish Navy. The new sonars will replace the previous model Simrad SS576 sonars first installed in 1996 on board the Tapper-class (or Bevakningsbåt 80), with ...
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NewsDenis Hogan: Lifting Equipment Engineers Association
“Getting three or four ‘options’ back from a straight question asking for advice isn’t good enough,” said Denis Hogan of LEEA, “an industry association should be able to give solid guidance on what to do”.
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Greek port sell-offs
The Greek government has agreed deadlines for the privatisation of its two major ports, Piraeus and Thessaloniki, following its cash for reforms pay out.
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NewsUK set for first estuary tidal barrage
Natural Energy Wyre Limited is making progress with the UK’s first estuary tidal barrage project after securing the rights to build across the river Wyre in Lancashire.
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NewsMilitary lessons learnt on the windfarms
Lessons learned from the prolific increase in building workboats for the offshore wind farm sector can benefit the military user, according to CTruk, a UK- based builder of boats for both the offshore wind and military sectors.
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NewsLondon P&I Club maintains financial strength despite impact of large claims
Marine liability insurer The London P&I Club’s 2015 Annual Report highlighted an unusual run of expensive claims in the 2014/15 policy year, with progress in other areas meaning that the free reserves stand at a healthy $157.4m.
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Marine renewable energy conference
The first edition of the marine renewable energy conference, Manche, is set to take place on 6 and 7 October in Le Havre.
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First ENCs for Suez Canal produced
The Egyptian Naval Hydrographic Department (ENHD) has, in collaboration with the International Centre for Electric Navigation Charts (IC-ENC), produced its first 12 ENCs covering the waters of the Suez Canal.
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Russian Maritime show garners support
The organisers of NEVA a commercial maritime business-to-business event in Russia, has announced that exhibitor participation has reached record levels. The event is due to take place 22 - 25 September 2015 in St Petersburg.