Seek news on
InfoAnda
powered by
Google
Custom Search

Last text search :
2016 wso 2.5 rw-r
2017 #1 smp wso rw-r

wso-drwxr-xr-x-smp.php-(writeable).php
2017 #1 smp wso rw-r
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php


Tuesday, 10 July 2012 - German transport firms turn offshore headache into profits |
  • Pakistanis angry over detentions in Times Sq. case
    Monday, May 24, 2010
    ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
    They
  • Taiwan denies boycotting Australian film festival
    Thursday, August 6, 2009

    AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
  • Merkel's support dips, regional ally resigns International
    Thursday, September 3, 2009

    By Sarah Marsh and Noah Barkin

    BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
  • Minister seeks closure of anti-Berlusconi websites
    Wednesday, December 16, 2009
    ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
  • Asian markets mixed after Wall Street rally
    Wednesday, March 18, 2009

    By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
  • Yahoo! News | 18 March 2010
  • Buck Has Slim Lead In Colorado Senate Race | 24 September 2010
  • Cancer? What cancer? Chavez's health off radar as vote nears | | 19 September 2012
  • Nvidia says new chip coming next year | | 22 September 2010


    Forum Views () Forum Replies ()

    Read more with google mobile : German transport firms turn offshore headache into profits |

      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Anatole Kaletsky Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Slideshow Full Focus Editor's choice A selection of our best photos from the past 24 hours.   See more  Images of June Follow Reuters Facebook Twitter RSS YouTube Read Russia's Putin says the West is on the decline 09 Jul 2012 Usher's Stepson Brain Dead After Accident at Ga. Lake 09 Jul 2012 Texas rejects key provisions of Obama's health law 09 Jul 2012 Episcopalians set to be first big U.S. church to bless gay marriage 09 Jul 2012 Broker missing $220 million in client funds; founder attempts suicide 09 Jul 2012 Discussed 254 In California, immigration bill designed as the ”anti-Arizona” 113 Scientists to unveil milestone in Higgs boson hunt 104 Obama team targets Romney over taxes, Republicans cry foul Watched Marine scientists seek solutions to global reef decline Mon, Jul 9 2012 It's a panda-monium! Thu, Jul 5 2012 Pakistanis protest reopening of NATO supply routes Mon, Jul 9 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption  Floods sweep Russia Over a hundred people were killed in flash flooding in southern Russia.  Slideshow  Olympic venues A look at the stadiums and venues for the upcoming 2012 Olympic Games in London.  Slideshow  German transport firms turn offshore headache into profits Tweet Share this Email Print Related News Windmills breathe life into failing Gdansk shipyards Fri, Jul 6 2012 Tropical Storm Debby heads for Florida coast Sun, Jun 24 2012 Japan approves renewable subsidies in shift from nuclear power Mon, Jun 18 2012 Analysis & Opinion Essential reading: Obama to seek one-year extension for some of Bush tax cuts, and more Angela Merkel, Europe’s weary mountaineer Related Topics World » Environment » 1 of 7. Towers are pictured at Siemens Wind Power's port of export in Esbjerg June 11, 2012. Credit: Reuters/Fabian Bimmer By Maria Sheahan and Christoph Steitz BRANDE, Denmark/BREMERHAVEN, Germany | Tue Jul 10, 2012 2:54am EDT BRANDE, Denmark/BREMERHAVEN, Germany (Reuters) - Andreas Wellbrock is proud of his pontoon. The floating vessel transports gigantic tripods - reminiscent of rusty space rockets - through the harbor of Bremerhaven, a German port city located on the North Sea. The tripods are foundations for offshore wind turbines and have to be shipped to wind farms being built off the coast. They are huge, some standing 65 meters tall - as high as the towers of London's Tower Bridge - and weighing as much as 950 tonnes, or 950 passenger cars. "They're the biggest of their kind, so you need an elaborate mechanism to move them from A to B," says Wellbrock, who is in charge of wind energy logistics at firm BLG Logistics, and has helped to devise a special carrier to take the load. He is hoping that his vessel - the first of its kind worldwide - will bring in ever more business, as offshore wind farms provide an increasing share of Germany's power supply. Since its abrupt exit from nuclear power - announced by Chancellor Angela Merkel last year following Japan's Fukushima disaster - Germany has ambitious plans for its renewable energy sector. Europe's biggest economy aims to derive at least 35 percent of its power from renewable sources in 2020 and 80 percent in 2050, from 20 percent now. By 2020, the country plans to install 10,000 megawatt (MW) of offshore wind power, from about 200 MW by the end of 2011. Offshore wind farms, driven by stronger and steadier winds at sea, are proving to be more efficient than their onshore counterparts and a growing area of interest throughout Europe. For BLG, a haulage and transport firm founded in 1877, the logistics of offshore wind energy is an important new business area. The group is aiming to make revenues around 15-20 million euros (18.5-24.6 million dollars) in the segment this year, or up to 1.8 percent of expected sales. Wellbrock believes this could grow to 50-100 million euros by 2016 or 2017. TAILWINDS Offshore wind currently accounts for less than 2 percent of global installed wind turbine capacity, but that share is expected to rise to about 10 percent by 2020, driven by the global push for more green power, says global industry association GWEC. About 90 percent of all offshore capacity comes from Europe, with Britain, Denmark, the Netherlands and Germany the top four players, data from industry association EWEA shows. The North and Baltic seas provide excellent conditions for wind farms, and Europe is ahead of the pack in providing government incentives to the industry. The region is also home to some of the world's biggest wind turbine makers, such as Denmark's Vestas, Gamesa and Siemens. "Order books are looking very, very strong, and they could become stronger. We think 2015/2016 is the sweet spot for wind installations when the bulk of offshore products will come online," said Colm O'Connor, a fund manager at Kleinwort Benson. O'Connor, who manages the 40-million euro KBI Alternative Energy fund, said he expected the offshore wind market to post strong growth until at least 2020. In Germany alone, the market for offshore wind logistics is forecast to produce revenue of up to 31 billion euros by 2030, according to a joint study by German logistics journal DVZ and management consultancy Barkawi. Against that background, German logistics companies - those equipped to transport massive pieces such as rotor blades and tower segments down narrow roads and out to sea - stand to win big. ...AND HEADWINDS There are still several obstacles to be overcome. Setting up offshore wind farms can take several years due to challenging logistics, the size of the components and the fact that they can only be built in fair weather. Wind, waves and currents make work with heavy equipment difficult and potentially dangerous. "Installing wind turbines only works in 3-4 months during the year," said Frank Reichert, vice president at Barkawi. Their expansion also depends on political support, a fate shared by most renewable energy sources but particularly relevant to wind turbines, which often provoke extreme reactions from protesters objecting to their size and appearance. Red tape, local opposition and questions about who will finance the sector's growth and carry risks of failure are all hindering expansion. In Germany the sector is also hampered by a lack of grid infrastructure, which can mean delays in transporting power across the country. This has been acknowledged by the government, which is working on new regulation to reduce insurance risks and attract investments from the private sector. Awaiting those new rules are a variety of construction and logistics companies. Ranging from large corporations to small family-run firms, they include BLG, Rhenus Logistics, Goldhofer and Hochtief - all preparing to vie for a slice of this new business. FROM LAND TO SEA The wind power headquarters of German engineering conglomerate Siemens stand just outside the central Danish town of Brande, some 50 km from the coast. At its factory there, it makes covers for the parts that drive the wind turbines: the generator, gearbox and drive train. These covers, called nacelles, are trucked to the coast, then transported onto barges and shipped to offshore sites. It is a laborious process, high in fuel and equipment costs. The nacelles are big, but other parts are bigger again, and simply too large to be transported by road. "The utilities and manufacturers will try to eliminate the issue of land transport as much as possible" to reduce high costs in this area, said Frank Matzen, senior manager at Ernst & Young, who focuses on renewable energy. Siemens, for example, is investing 80 million pounds to build a factory at the port of Hull in the UK, where it will build its new six-megawatt wind turbines. "We took the first 6 MW (turbines) on the road, but that is, due to the size of the machine, not an optimal solution," said Michael Hannibal, head of Siemens' offshore business in Europe, the Middle East and Africa. Other firms, like German construction company Hochtief, have started companies to build barges that can construct the turbines at sea. The vessels cost more than 100 million euros apiece. Back in Bremerhaven, Wellbrock points to an area beside the port on which private investors plan to build a terminal to serve the offshore wind farm. "If everything goes according to plan, the whole shipping process will happen here," he says. He, and his pontoon, will be waiting. (Editing by Sophie Walker) World Environment Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

    Other News on Tuesday, 10 July 2012
    Thousands of Pakistanis protest opening of NATO supply route |
    Russia blames local officials over fatal floods |
    Bahrain court jails protest leader over tweets: lawyer |
    Kenya candidates face ICC trial month after vote |
    Mladic trial witness tearfully recalls loss of father |
    FARC funding squeeze driving attacks on oil and mining: minister |
    Saudi Arabia says two killed after cleric's arrest |
    Verizon's cable deals make headway but regulatory doubts linger |
    Intel to buy slice of ASML, bankroll next-gen R&D |
    Privacy risk from ads in apps rising: security firm |
    Batman could fly, but he'd crash and die |
    Annan and Assad agree political approach for Syria |
    Egypt parliament set to meet, defying army |
    Congolese warlord jailed for 14 years in landmark case |
    Wartime PM Jibril takes early lead in Libya vote |
    Venezuela's Chavez says totally free of cancer, again |
    Greek police ignore rising attacks on migrants: HRW |
    Mixed verdict in former Israeli PM Olmert's corruption trial |
    German transport firms turn offshore headache into profits |
    Analysis: Japan plan to buy disputed isles risks China's ire |
    Ukraine delays hearings in Tymoshenko tax case |
    RIM marketing boss sees silver lining in BlackBerry delay |
    Google to pay $22.5 million to settle privacy charges: WSJ |
    Intel bankrolls next-gen chipmaking, buys into ASML for $4.1 billion |
    TSMC says evaluating ASML's proposal to co-invest |
    Packing power, Taiwan's Mediatek sees leap in cheaper chips |
    Elpida bondholders to vote against Micron plan: document |
    New Zealand court delays Megaupload extradition hearing to next year |
    Tom Cruise, Katie Holmes wrap up speedy divorce |
    Kardashian clan expands with Kourtney's new baby |
    UK's Islamic cleric appeals extradition to U.S. |
    Clinton raps Vietnam on rights, sees limits to ties |
    Palestinians cautiously advance Arafat probe |
    Congo denounces insurgency as Rwandan army invasion |
    Russian lawmakers ratify WTO entry |
    Vatican condemns illicit ordination in China |
    CEO vows to turn RIM into lean, mean machine |
    New iPad hits China July 20, well behind other markets |
    European ruling on Google privacy policy set for September |
    Applied Materials cuts full-year outlook on weak demand |
    AMD slides as weak Europe, China prompts outlook cut |
    Huawei eyes deals with Etisalat, Saudi Telecom |
    Hugh Laurie, Dr John, Trombone Shorty in New Orleans tribute |
    Greece at new risk of being pushed off euro
    Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
    Female Breasts Are Bigger Than Ever
    AMD Trinity Accelerated Processing Units Now in Volume Production
    The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
    AMD to Start Production of piledriver
    Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
    Islamists Protest Lady Gaga's Concert in Indonesia
    Japan Successfully Broadcasts an 8K Signal Over the Air
    ECB boosts loans to 1 trillion Euro to stop credit crunch
    Egypt : Mohammed Morsi won with 52 percent
    What do you call 100,000 Frenchmen with their hands up
    AMD Launches AMD Embedded R-Series APU Platform
    Fed Should not Ignore Emerging Market Crisis
    Fed casts shadow over India, emerging markets
    Why are Chinese tourists so rude? A few insights

    [InfoAnda] [Home] [This News]



    USD EUR - 1 year graph

    VPN on MacOSX

    BlogMeter 1.01