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Friday, September 17, 2021

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Carriers warn Vale's big bulkers will dampen rates

Posted to Far East Maritime (by Greg Knowler) on December 9, 2010

The dry bulk shipping business is going through a tough time. It is an incredible 80 percent down on the market peak in May 2008, and rates have led carrier operators on a wild and volatile ride ever since. The industry is currently oversupplied with bulk carriers…

Subsea Power Grid to Enable Large-Scale Subsea Processing

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on June 16, 2010

Large-scale seabed processing facilities will require a subsea power grid system that is able to operate for long step-outs with total reliability withstanding extreme pressure and temperatures. As technology leader on land-based power grids…