Latest news with #Damen
Otago Daily Times
4 days ago
- Business
- Otago Daily Times
Tug sent abroad to make way for new boat
For more than two decades the tug boat Otago has been a familiar sight, plying the Otago Harbour channel with large ships in tow. But next week it will be given a fond wave by Port Otago staff as it is hitched to the stern of a ship and towed across the Tasman to Sydney. Port Otago marine and infrastructure general manager Grant Bicknell said it had been sold to an Australian commercial marine towage service and would eventually be based in Cairns. All of its windows have been boarded up to handle big-sea conditions and it was expected to depart on Wednesday. He said Otago was sold so the port could buy a new $15 million 70-tonne Damen ASD 2312 tug. The purchase is part of Port Otago's strategy to be New Zealand's "always open" port, capable of handling the biggest ships visiting the country. Port Otago chief executive Kevin Winders said the new tug was a key piece of infrastructure that would allow the port to be big-ship capable. "We already have the three other essential components in place — the multi-purpose wharf, at 430m long and a berth depth of 14m; consent to deepen the Lower Harbour channel to 15m and a new state-of-the-art dredge on order. "By January 2026 we will also have the tug fleet we need — that is a fleet capable of handling container vessels up to 10,000TEU and larger bulk ships. "It's also relevant that these bigger vessels have lower carbon footprints per container movement." It would join the tug Taiaroa (a Damen 70-tonne bollard pull) and tug Arihi (a 30-tonne bollard pull). Mr Bicknell said to manoeuvre a 10,000TEU container vessel in the swing basin and on to the Multipurpose Wharf required two 70-tonne bollard-pull tugs. Alongside the capability advantages, the upgrade also reduced the tug fleet's maintenance risk and provided a better carbon outcome, he said. "The Damen tug's modern Euro 6 diesel engine uses two-thirds as much fuel as the 21-year-old Otago. "It has excellent manoeuvrability because of its compact shape, patented Twin Fin skeg configuration and twin Azimuth thrusters." He said the single winch design was another feature that had both operation and safety benefits. "Older tugs have two winches — one for fore and one for aft — but the Damen ASD 2312 has only one centrally-placed winch that's integrated into the tug's superstructure. "The central positioning means that the winch is capable of towing over the bow and over the stern. "As a result, the deck is more spacious, free of clutter and safer." The new tug is under construction in the Damen Changde shipyard in China and is expected to arrive early next year.
Associated Press
19-05-2025
- Business
- Associated Press
Gate Introduces Brand New Domain Gate.com and Brand Logo, Advancing Toward the "Next-Generation Crypto Exchange"
PANAMA CITY, May 19, 2025 (GLOBE NEWSWIRE) -- Gate, a global leading cryptocurrency trading platform, has officially adopted the new international domain and unveiled a redesigned brand logo, marking a significant milestone in the platform's evolution. This strategic move aims to unify brand identity, strengthen global presence, and enhance user trust, heralding a new chapter in Gate's development. The upgrade follows Gate's 12th anniversary celebrations and aligns closely with the platform's newly articulated vision, unveiled at its global event in Dubai, to become the 'next-generation crypto exchange'. It signifies a transformative leap from industry leadership to innovation leadership, and from technical excellence to global strategic expansion. Previously, Gate also adopted a new Chinese name 'Damen' ( 大门, meaning 'The Gate'), symbolizing an open gateway to the future of crypto for users worldwide. The unified refresh of domain and logo reflects the platform's commitment to inclusivity and signals the beginning of a new chapter in building a trusted, globally connected crypto ecosystem. Brand Refresh: From Visual Upgrade to Strategic Evolution As a pioneer in the crypto industry, Gate has focused on building a secure, compliant, and innovative digital asset trading ecosystem since its founding in 2013. Today, the platform serves over 23 million users worldwide, supports trading in over 3,800 cryptocurrencies across spot, futures, leverage, and financial products, ranking Top 3 globally by comprehensive strength. It was also among the first exchanges to implement zero-knowledge proof (ZKP) technology to verify reserve transparency, ensuring 100% verifiability of platform assets. According to its latest proof-of-reserves report, Gate's total reserves exceed $10.865 billion, with a reserve ratio of 128.57%. This brand overhaul not only elevates Gate's visual identity but also marks a critical step in its global outreach strategy. The new domain is concise, highly recognizable, and globally intuitive, enhancing user perception of the platform's professionalism and credibility. The newly designed logo adopts a modern, minimalist aesthetic that encapsulates Gate's core principles of 'trust as the foundation', 'technological innovation', and 'continuous evolution', representing a comprehensive upgrade in technology, ecosystem, and compliance. In addition, Gate Group's global platform Gate, along with all its locally licensed entities, Gate Japan, Gate Dubai, and Gate Europe, will adopt the unified brand name 'Gate'. The brand upgrade presents a cohesive global identity and further strengthens Gate's professional image and international influence as a leading global exchange. Strategic Leap: Building the 'Next-Generation Crypto Exchange' Beneath the surface of this brand transformation lies a bolder strategic ambition. On April 30, at Gate's 12th Anniversary Global Celebration in Dubai, Founder and CEO Dr. Han introduced the vision to build the 'next-generation crypto exchange'. This strategy emphasizes transformative growth across three core pillars: Gate's mission is to continuously enhance its offerings with a professional, secure, and open approach, aiming to become a foundational infrastructure for the global digital economy and to provide future-ready, trustworthy digital asset services to users worldwide. Global Compliance Footprint: Expanding with Purpose Gate Group places strong emphasis on a 'compliance-first' strategy, steadily advancing its global regulatory presence. In recent years, its various entities have obtained or completed regulatory registrations, licences, authorizations, or approvals across various jurisdictions, such as Lithuania, Argentina, Malta, Italy, Bahamas, Gibraltar, and Hong Kong. In 2024, Gate Group's entity completed the acquisition of Japan-licensed exchange Coin Master, further consolidating its compliance footprint in the Asia-Pacific region. Most recently, Gate Technology FZE ('Gate Dubai'), an entity of Gate Group, recently received a full operational license from Virtual Asset Regulatory Authority (VARA) in Dubai. The license authorizes Gate Dubai to offer crypto asset trading services to institutional investors, qualified investors, and retail users, marking a major milestone in its expansion into the MENA region and global markets. It is a testament to its long-standing commitment to security, transparency, and user protection. With parallel advancements in technology innovation, user experience, ecosystem expansion, and global compliance, Gate is evolving from a top-tier trading platform into a trusted global digital finance ecosystem. The launch of the domain and refreshed logo represents more than a brand update—it is a declaration of Gate's long-term commitment and vision for the global user community. Looking ahead, Gate remains firmly committed to its development principles of user-first, technological innovation, and global compliance, and will continue to work alongside users, developers, and partners worldwide to shape a safe, open, and sustainable crypto future. Media Contact: Elaine Wang at [email protected] Disclaimer: The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via Disclaimer : This is a paid post and is provided by statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at
Yahoo
18-05-2025
- Business
- Yahoo
Royal Navy to replace tugs that escort nuclear submarines through Scottish lochs
The Royal Navy plans to replace the tugs that guide Britain's £1bn nuclear submarines through narrow Scottish lochs as part of an overhaul of its ageing support vessels. Six tugs, including two that will operate at the Faslane nuclear base on the Clyde, are among 24 support boats due to be ordered under an £850m contract over the next decade. The tugs will be responsible for towing Astute-class hunter-killer submarines and Britain's four Vanguard-class vessels that carry Trident nuclear missiles, which are themselves due to be replaced with 17,000-tonne Dreadnought subs from the early 2030s. The programme also involves the deployment of four new tugs to Devonport, a base for frigates and amphibious vessels. All of the craft are due to be built by Dutch shipbuilder Damen, which produces tugs, ferries and specialist craft. Portsmouth, the main base for the Navy's surface warships, already has a new supertug, the Tempest, which was commissioned from Damen to help manoeuvre aircraft carriers HMS Queen Elizabeth and HMS Prince of Wales. The new vessels will replace some that are decades old, including the Faslane-based tug Impulse, which was built in 1993 and helped bring HMS Astute back to port in 2010 after the submarine ran aground off Skye during sea trials. Some of the tugs scheduled to be retired in Devonport were built before the Falklands War. Also due for replacement are vessels that transport personnel between warships in port, ammunition barges, barge-mounted cranes, a pilot vessel and a fuel barge, as well as craft that flush out the holds of other ships. Support services company Serco will be responsible for procuring the new fleet following a contract award from the Ministry of Defence. The company's marine services arm operates more than 90 vessels and has been supporting the Royal Navy, Royal Marines and Royal Fleet Auxiliary for 28 years, although the latest renewal is the biggest it will have taken on. Anthony Kirby, Serco's boss, said the modernisation programme was vital to provide the Navy with 'the support it requires, day in, day out'. Serco was also awarded a five-year contract to support military training exercises at the British Underwater Test and Evaluation Centre, a marine firing range near Skye. A third contract spanning 10 years includes offshore support for training exercises involving the Victoria and the Northern River, which carry rapid pursuit craft used by the Special Boat Service. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.
Telegraph
18-05-2025
- Business
- Telegraph
Royal Navy to replace ageing tug fleet
The Royal Navy plans to replace the tugs that guide Britain's £1bn nuclear submarines through narrow Scottish lochs as part of an overhaul of its ageing support vessels. Six tugs, including two that will operate at the Faslane nuclear base on the Clyde, are among 24 support boats due to be ordered under an £850m contract over the next decade. The tugs will be responsible for towing Astute-class hunter-killer submarines and Britain's four Vanguard-class vessels that carry Trident nuclear missiles, which are themselves due to be replaced with 17,000-tonne Dreadnought subs from the early 2030s. The programme also involves the deployment of four new tugs to Devonport, a base for frigates and amphibious vessels. All of the craft are due to be built by Dutch shipbuilder Damen, which produces tugs, ferries and specialist craft. Portsmouth, the main base for the Navy's surface warships, already has a new supertug, the Tempest, which was commissioned from Damen to help manoeuvre aircraft carriers HMS Queen Elizabeth and HMS Prince of Wales. The new vessels will replace some that are decades old, including the Faslane-based tug Impulse, which was built in 1993 and helped bring HMS Astute back to port in 2010 after the submarine ran aground off Skye during sea trials. Some of the tugs scheduled to be retired in Devonport were built before the Falklands War. Also due for replacement are vessels that transport personnel between warships in port, ammunition barges, barge-mounted cranes, a pilot vessel and a fuel barge, as well as craft that flush out the holds of other ships. Support services company Serco will be responsible for procuring the new fleet following a contract award from the Ministry of Defence. The company's marine services arm operates more than 90 vessels and has been supporting the Royal Navy, Royal Marines and Royal Fleet Auxiliary for 28 years, although the latest renewal is the biggest it will have taken on. Anthony Kirby, Serco's boss, said the modernisation programme was vital to provide the Navy with 'the support it requires, day in, day out'. Serco was also awarded a five-year contract to support military training exercises at the British Underwater Test and Evaluation Centre, a marine firing range near Skye. A third contract spanning 10 years includes offshore support for training exercises involving the Victoria and the Northern River, which carry rapid pursuit craft used by the Special Boat Service.
American Press
10-05-2025
- General
- American Press
Damen Wayne Landry
Damen Wayne Landry, 50, passed away peacefully on Thursday, May 8, 2025, surrounded by his loving family, following a long and courageous battle with kidney disease. Damen was born on Jan. 28, 1975, to Paula Smythe and Darrell Wayne Landry. He was a proud graduate of Grand Lake High School in Grand Lake, La. A devoted Catholic Christian, Damen found great joy in his faith, his family, and the simple pleasures of life, especially fishing. Above all, his greatest joy and source of pride were his children. He is lovingly remembered by his children, Alex Andrepont, Amaya Cotton, Foster Landry, and Lincoln Landry; his parents, Paula Smythe and stepfather, Dr. Marck Smythe, and Darrell Wayne Landry and stepmother, Melanie Landry; his twin brother, Darren Paul Landry, and his younger brother, David Shane Landry and wife, Kelly. He is also survived by his step-sisters, Tara Olivier and husband, Bart, Lindsay Smythe-Doucet and husband, Adam, and Torrey Guidry and husband, Cody, as well as, numerous nieces and nephews. A funeral service will be held at 6 p.m. on Tuesday, May 13, 2025, at Johnson Funeral Home, 4321 Lake Street, Lake Charles, LA 70605. Monsignor Gaddy will officiate. Visitation will take place prior to the service, from 4 p.m. to 6 p.m. at the funeral home. Inurnment will follow at 7:30 p.m. at Grand Lake Community Cemetery. In lieu of flowers, the family kindly requests donations be made to the National Kidney Foundation in memory of Damen.
