Renewable News

Key appointments at MAC after successful first half

In the wake of MAC recording its highest ever number of offshore man/days in its first half of the year and the second half of 2018 looking to match this trend, the company has enhanced its engineering team by welcoming Sigurd Vermundundsen as Master Mariner, John Stockdale as Marine Manager and Oguz Oktay, as Principal Naval Architect.

Wind Startup Evokes Puerto Ricos Plight, Wins EvoNexus Pitch Event

San Diegos Uprise Energy won the audience vote for best presentation at EvoNexus Demo Day, with a pitch that highlighted how its mobile wind turbines could help alleviate the plight of Puerto Rico in the wake of Hurricane Maria’s apocalyptic devastation. The startup event drew more than 400 people to Qualcomms San Diego headquarters late Thursday.The renewable energy startup…

Mission Marketing Group PLC shares step up, United Carpets Group PLC declines

Mission Marketing Group PLC (LON:MMG) saw its shares jump 9% to 54.50p in late afternoon trading as the marketing communications and advertising group reported a strong rise in first-half profit, revenue, and dividends and was bullish on the full-year outlook. For the six months to June 30, Mission Marketings headline pre-tax profit increased by 23% to £3.5mln…

Babcock International Group PLC (BCKIF) Trading Update Conference (Transcript)

Babcock International Group PLC (OTCPK:BCKIF) Trading Update Conference Call September 19, 2018 3:00 AM ETExecutivesArchie Bethel - Chief ExecutiveFranco Martinelli - Group Financial DirectorAnalystsJonathan Brent - LiberumAllen Wells - ExaneSam Bland - JP MorganEd Steele - CitiArchie BethelGood morning. First of all, thank you for joining the call this morning…

Ships burning oil contribute to climate change

While most of the focus on climate change in the transportation sector is on land-based modes and land usage with a small amount in air-based modes, the real super polluters are in the ocean right off the shore’s horizon.Ships burn bunker fuel, and according to Derrick Penner of the Vancouver Sun, “Deepsea cargo ships typically burn the heavy…

Wärtsilä to supply biogas upgrading plant to Oregon facility

ADVERTISEMENTWärtsilä has announced its subsidiary Puregas Solutions has been contracted to provide a turnkey biogas upgrading plant to an existing anaerobic digestion facility in Oregon for the production of renewable natural gas (RNG).The Puregas CApure CA80 biogas upgrading plant will process approximately 3,100 cubic…

Marine Coatings Market to value US$15 Bn by 2024 | AkzoNobel, PPG, Jotun, Hempel, and 12 Other Compa

"Leisure Boats application in marine coatings market will witness gains around 7% to 2024 driven by growing consumer purchase parity in the U.S., Canada, and Western European countries."Global Marine Coatings Market By Application (Coastal, Containers, Deep Sea, Leisure Boats, Offshore Vessels), By Product (Anti-Fouling…

Leading port authorities combine forces to combat climate change

The Port of Rotterdam Authority has announced the launch of the World Ports Climate Action Program. In this new international initiative, the port authorities of Hamburg, Barcelona, Antwerp, Los Angeles, Long Beach, Vancouver, and Rotterdam will be joining forces and working together on a number of projects that address…

Acta Marine Reveals Name of Third Walk-to-work Vessel

The construction of Acta Marine’s third walk-to-work vessel and second Ulstein SX195 design is progressing well and has reached complete hullbeam at Crist shipyard in Poland. Acta Marine has announced that the vessel will sail under the name 'Acta Centaurus'. The vessel is named after the constellation Centaurus which is one of the largest constellations in the sky.It represents the centaur…

Continued Growth Tailwinds In Solomon Islands From Infrastructure And Tourism

Key ViewWe maintain our expectations for economic growth in the Solomon Islands to remain strong over the coming quarters.We forecast real GDP growth to come in at 3.0% in 2018 and 3.1% in 2019 (higher than the average of 2.7% over the past five years).The Tina River Hydropower project and the underwater cable telecommunication…
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Bernhard Schulte Shipmanagement Launches Offshore Division

Bernhard Schulte Shipmanagement (BSM) has set up a new business unit to focus on the oil and gas and offshore energy renewables markets.The dedicated expert team, comprising of technical and marine superintendents, crew managers and senior management members, will support owners and operators globally by providing integrated third-party ship management services specifically to the offshore market.

10 Best High-Growth Stocks for Young Investors

No investment strategy suits all the people all the time. This is particularly true for young investors in their 20s and 30s. Youth not only has social advantages; it can provide significant margin for your portfolio to grow. As such, high-growth stocks are ideal for the young-adult, millennial demographic.Talk to any financial advisor…

SCC Machining Club tours Charleston shipyard, gains industry insight

The Machining Club at Surry Community College toured the Detyens Shipyard in Charleston, South Carolina, during the college’s winter break to gain industry insight. Those who went on the field trip are, front row, from left, Jacob Cavanaugh of Mount Airy, Cesar Cardoso of Mount Airy, A.J. Hackbarth of East Bend, Aaron Dudley of East Bend…

Floating Production Storage And Offloading Market Leading Vendors, Present Market Size, Sales, Produ

Floating Production Storage And Offloading Market report 2018 is the key document for industries/clients to understand current global Floating Production Storage And Offloading market status. The Floating Production Storage And Offloading market study report base year is 2017 and provides market research data status (2013…

Acquisition expands Tekmar Group’s technical offering globally

Marking its first acquisition since its successful admission to the Alternative Investment Market (AIM) in June 2018, the purchase of Subsea Innovation significantly increases the technical of capabilities within Tekmar Group plc.The acquisition is part of a growth strategy, which involves organic development and a programme…

Maritime Journal | Rentel finishes installing North Sea turbines

Rentel has finished the installation of its last two wind turbines in the Belgian North Sea with the help of the marine engineering expert DEME.During the summer, the jack-up installation vessel “Sea Installer” of DEME installed all of the wind turbines in the Belgian North Sea, approximately 40 kilometres from the coast…

The Energy 202: Industry group says hurricanes bolster case for expanding offshore drilling

THE LIGHTBULBTug boats transport the Hess Corp. Stampede tension leg oil platform, towed from Kiewit Offshore Services Ltd., in Ingleside, Tex. (Eddie Seal/Bloomberg)Hurricane season is in full swing and it's throwing into the spotlight an ongoing debate between industry and environmental groups over expanding offshore…

Hurricane Florence Could Send Coal Prices Soaring

As Hurricane Florence a monster Category 2 storm takes aim at southeastern United States, one of the countrys most important coal export hubs has halted operations due to looming damage to ships and infrastructure, analysts at Wood Mackenzie said Thursday.The National Hurricane Centre said in an advisory note there was a danger of life-threatening inundation…

A liquid quest for renewable power

NEW ORLEANS – The powerful flow of the Mississippi River, which brought destruction to scores living near its flooded banks this spring, is viewed by a new generation of energy entrepreneurs as a reliable alternative way to generate electricity.These developers aren’t planning giant concrete dams like the ones that brought electric lights to many Americans for the first time.

Wind and solar farms can make their own weather

Wind energy is booming in Middle America and creating a huge demand for workers who can keep turbines spinning. NewslookIn this Sept. 23, 2013, file photo, a tugboat pushes a barge down the Sacramento River past wind turbines near Rio Vista.(Photo: AP FILE PHOTO)You already know that using solar and wind power can influence the climate by reducing our dependence on heat-trapping fossil fuels.