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Bergesen Worldwide
BW Group is a maritime company involved in shipping, floating gas infrastructure and deep-water oil & gas production. The company has over 350 vessels managed by an international team of over 7000 staff worldwide. The group was founded by Sir Yue-Kong Pao in Hong Kong in 1955 as World-Wide Shipping. In 2003, the company acquired Bergesen d.y. ASA, Norway's largest shipping company, which was founded in 1935 by Sigval Bergesen the Younger. In 2005, the business was re-branded as BW. With its LNG and LPG fleets combined, BW Group owns and operates the world's largest gas shipping fleet of more than 115 gas vessels, including four FSRUs (floating storage and regasification units). Hafnia, a member of the BW Group, operates the world's largest fleet of oil product tankers, and BW Offshore comprises the second largest number of floating oil and gas production units (FPSOs).  BW's controlled fleet of over 350 ships also includes crude oil supertankers and dry bulk carriers. BW Group ...
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Helmut Sohmen
Helmut Sohmen (born 10 December 1939 in Linz, Austria) is an Austrian lawyer and businessman in Hong Kong. He was chairman of BW Group and a former Hong Kong legislator. He was formerly managing director of Dragon Air. In 2010 he was on the Forbes list with an estimated fortune of US$1.4 billion, the fourth-placed Austrian. In 2009 he was listed as the 13th richest person in Hong Kong. Early life On 10 December 1939, Sohmen was born in Linz, Austria. Sohmen grew up in Linz. Education In 1958, Sohmen graduated from the Linz Realschule (Fadingerschule) with distinction. He then studied law at the University of Vienna and Southern Methodist University, and won a Fulbright scholarship to continue the University of Connecticut in the United States, eventually receiving his doctorate in Vienna. Career Sohmen's first job was as a legal adviser to the Royal Bank of Canada in Montreal. Helmut Sohmen later interrupted his professional activity more than once to graduate as Ma ...
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Petter C
Petter may refer to: People: *Petter (given name) * W. E. W. Petter, English aircraft designer *Arlie Petters, a Belizean-American mathematical physicist *Tom Petters, former CEO and chairman of Petters Group Worldwide Place names: *Petter Bay, a bay on Coronation Island, in the South Orkney Islands, in Scotland In business: *Lister Petter, a British manufacturer of internal combustion engines **Petters Limited, a former manufacturer of internal combustion engines, and one of Lister Petter's predecessors *Petters Group Worldwide, a diversified company headquartered in Minnetonka, Minnesota Other: *The Petter Chamor, a mitzvah in Judaism *Petter Dass Museum The Petter Dass Museum ( no, Petter Dass-museet) in Alstahaug, Norway is a museum dedicated to the priest and poet Petter Dass. The museum was established in 1966 and is a division of the Helgeland Museum. In 1999, Alstahaug was selected as the ...
, a museum in Alstahaug, Norway dedicated to Lutheran priest and poet ...
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First Gulf War
The Gulf War was a 1990–1991 armed campaign waged by a 35-country military coalition in response to the Iraqi invasion of Kuwait. Spearheaded by the United States, the coalition's efforts against Iraq were carried out in two key phases: Operation Desert Shield, which marked the military buildup from August 1990 to January 1991; and Operation Desert Storm, which began with the aerial bombing campaign against Iraq on 17 January 1991 and came to a close with the American-led Liberation of Kuwait on 28 February 1991. On 2 August 1990, Iraq invaded the neighbouring State of Kuwait and had fully occupied the country within two days. Initially, Iraq ran the occupied territory under a puppet government known as the "Republic of Kuwait" before proceeding with an outright annexation in which Kuwaiti sovereign territory was split, with the "Saddamiyat al-Mitla' District" being carved out of the country's northern portion and the "Kuwait Governorate" covering the rest. Varying spe ...
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Daewoo Shipbuilding & Marine Engineering
Daewoo Shipbuilding & Marine Engineering Co., Ltd ( ko, 대우조선해양; abbreviated DSME) is one of the "Big Three" shipbuilders of South Korea, along with Hyundai and Samsung. History On 21 February 2011, the A. P. Moller-Maersk Group (Maersk) ordered 10 large container ships from DSME, each with a capacity of 18,000 containers, surpassing the then record holder; the Mærsk E-class at 15,200 containers. The contract is worth $1.9bn. The first was to be delivered in 2014. In June 2011, Maersk ordered ten more, for another $1.9bn. The new class is called the Triple E class. On December 20, 2011, Daewoo Shipbuilding Marine Engineering won the largest single defense contract by a Korean firm; valued at $1.07 billion to build three Indonesian submarines. It also would mark the first exports of submarines from South Korea. On 22 February 2012, a £452 million order was placed with DSME for four 37,000 tonne double hulled 'MARS' fast fleet tankers by Britain's Ministry of De ...
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Hyundai Heavy Industries
Hyundai Heavy Industries Co., Ltd. (HHI; ) is the world's largest shipbuilding company and a major heavy equipment manufacturer. Its headquarters are in Ulsan, South Korea. History HHI was founded in 1972 by Chung Ju-yung as a division of the Hyundai Group, and in 1974, completed building its first ships. In 2002, the company was spun-off from its parent company. HHI has four core business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, and Engine & Machinery. HHI also has five non-core related subsidiaries: Hyundai Electric & Energy Systems, Hyundai Construction Equipment, Hyundai Robotics, Hyundai Heavy Industries Green Energy, and Hyundai Global Service. The Hyundai Group started as a small South Korean construction firm in 1947, headed by its founder, Korean entrepreneur Chung Ju-yung. Another widely known and closely related Korean company, the Hyundai Motor Company, was founded in 1967, five years prior to the founding of the Heavy Indu ...
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Helmut Sohme
Helmut is a German name. Variants include Hellmut, Helmuth, and Hellmuth. From old German, the first element deriving from either ''heil'' ("healthy") or ''hiltja'' ("battle"), and the second from ''muot'' ("spirit, mind, mood"). Helmut may refer to: People A–L *Helmut Angula (born 1945), Namibian politician *Helmut Ashley (1919–2021), Austrian director and cinematographer *Helmut Bakaitis (born 1944), Australian director and actor *Helmut Berger (born 1944), Austrian actor *Helmut Dantine (1917–1982), Austrian actor * Helmut Deutsch (born 1945), Austrian classical pianist *Helmut Ditsch (born 1962), Argentine painter * Hellmut Diwald (1924–1993), German historian * Helmut Donner (born 1941), Austrian high jumper *Helmut Fischer (1926–1997), German actor *Hellmut von Gerlach (1866–1935), German journalist * Helmut Goebbels (1935–1945), only son of Joseph Goebbels *Helmut Griem (1932–2004), German actor *Helmut Gröttrup (1916–1981), German rocket scientist *Helm ...
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1979 Oil Crisis
The 1979 oil crisis, also known as the 1979 Oil Shock or Second Oil Crisis, was an energy crisis caused by a drop in oil production in the wake of the Iranian Revolution. Although the global oil supply only decreased by approximately four percent, the oil markets' reaction raised the price of crude oil drastically over the next 12 months, more than doubling it to . The sudden increase in price was connected with fuel shortages and long lines at gas stations similar to the 1973 oil crisis. In 1980, following the onset of the Iran–Iraq War, oil production in Iran fell drastically. Iraq's oil production also dropped significantly, triggering economic recessions worldwide. Oil prices did not return to pre-crisis levels until the mid-1980s. Oil prices after 1980 began a steady decline over the next 20 years, except for a brief uptick during the Gulf War, which then reached a 60% fall-off in the 1990s. Mexico, Nigeria, and Venezuela's major oil exporters expanded their produ ...
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Japan
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north toward the East China Sea, Philippine Sea, and Taiwan in the south. Japan is a part of the Ring of Fire, and spans Japanese archipelago, an archipelago of List of islands of Japan, 6852 islands covering ; the five main islands are Hokkaido, Honshu (the "mainland"), Shikoku, Kyushu, and Okinawa Island, Okinawa. Tokyo is the Capital of Japan, nation's capital and largest city, followed by Yokohama, Osaka, Nagoya, Sapporo, Fukuoka, Kobe, and Kyoto. Japan is the List of countries and dependencies by population, eleventh most populous country in the world, as well as one of the List of countries and dependencies by population density, most densely populated and Urbanization by country, urbanized. About three-fourths of Geography of Japan, the c ...
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Suez Crisis
The Suez Crisis, or the Second Arab–Israeli war, also called the Tripartite Aggression ( ar, العدوان الثلاثي, Al-ʿUdwān aṯ-Ṯulāṯiyy) in the Arab world and the Sinai War in Israel,Also known as the Suez War or 1956 War; other names include the ''Sinai war'', ''Suez–Sinai war'', ''1956 Arab–Israeli war'', the Second Arab–Israeli war, ''Suez Campaign'', ''Sinai Campaign'', ''Kadesh Operation'' and ''Operation Musketeer'' was an invasion of Egypt in late 1956 by Israel, followed by the United Kingdom and France. The aims were to regain control of the Suez Canal for the Western powers and to remove Egyptian president Gamal Abdel Nasser, who had just swiftly nationalised the foreign-owned Suez Canal Company, which administered the canal. Israel's primary objective was to re-open the blocked Straits of Tiran. After the fighting had started, political pressure from the United States, the Soviet Union and the United Nations led to a withdrawal by the ...
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Suez Canal
The Suez Canal ( arz, قَنَاةُ ٱلسُّوَيْسِ, ') is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez and dividing Africa and Asia. The long canal is a popular trade route between Europe and Asia. In 1858, Ferdinand de Lesseps formed the Suez Canal Company for the express purpose of building the canal. Construction of the canal lasted from 1859 to 1869. The canal officially opened on 17 November 1869. It offers vessels a direct route between the North Atlantic and northern Indian oceans via the Mediterranean Sea and the Red Sea, avoiding the South Atlantic and southern Indian oceans and reducing the journey distance from the Arabian Sea to London by approximately , or 10 days at to 8 days at . The canal extends from the northern terminus of Port Said to the southern terminus of Port Tewfik at the city of Suez. In 2021, more than 20,600 vessels traversed the canal (an average of 56 per day). T ...
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