In the report it is mentioned that going into 2011 expectations are that demand will grow by 1.3-1.4 million (2.5%) barrels per day (m/b per day), this is down from the 2010-rebound growth that is estimated to be around 2.1 m/b per day (1.4%).
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STX Finland Oy and United Shipbuilding Corporation (USC) have formed a joint venture company, which will specialize in arctic shipbuilding technology. An agreement for the formation of the new company, Arctech Helsinki Shipyard Oy, was signed today in St. Petersburg in a meeting with the Russian Prime Minister Vladimir Putin and the Finnish Prime...
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“The toughest vessels in the world are the x-bows. And in the film world, the villain is the toughest. Therefore, an x-bow vessel is the villain in the latest ‘Elias’ animation. And that's why we invited you to the cinema tonight”.
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Rolls-Royce, the global power systems company, has achieved full power operation of its first production MT30 powered main turbine generator set delivered to the US Navy. The MT30, delivered to the US Navy for the DDG-1000, USS Zumwalt program, achieved full power operation at 36 MW during testing at the US Navy’s land...
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Disney Cruise Line took possession of its newest ship – Disney Dream – today from the MEYER WERFT shipyard in a traditional maritime ceremony aboard the ship in Bremerhaven, Germany. The MEYER WERFT flag was lowered, while the Disney Cruise Line flag was raised, transferring ownership from the shipbuilder to Disney.
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ABB, the leading power and automation technology group, has won contract to supply an integrated electrical power and propulsion system for the first wind-farm installation vessel to be ordered by Swire Blue Ocean.
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