Golar LNG Limited today announced that Doug Arnell has decided to step down as CEO of Golar on February 1, 2015. Mr. Arnell's decision is driven by a personal wish to return with his family to his home country of Canada.Mr. Arnell will be succeeded by Gary Smith…
Fugro, as a member of the Compass PTS joint venture, has been awarded an indefinite delivery/indefinite quantity (ID/IQ) contract for flood risk data services. The contract was awarded by the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA)…
Saab, Damen ink partnership agreement to pursue prospects in the international submarine marketSwedish defense and security company Saab has partnered with Dutch shipbuilder Damen Shipyards to explore future opportunities in the international submarine market…
GE Power Conversion receives first order in Japan from Kawasaki Heavy for electric propulsion motor equipment for LNG vessels GE’s Power Conversion business has received a new order from Kawasaki Heavy Industries, Ltd. for electric power and propulsion systems for two LNG carriers…
MacGregor, part of Cargotec, has received a contract from STX France SA to deliver cargo and passenger access equipment for two cruise ships. The order was booked into fourth quarter 2014 order intake. MacGregor's 'turnkey' delivery includes the design…
The Port of Cork will invest over €1.5 million in upgrading facilities at Cobh Cruise Terminal, Ireland’s only dedicated cruise berth, with the installation of a number of high load mooring bollards at the east and west end of the Cobh Cruise Berth which will enable larger ships to be berthed…
Golar LNG announced today that it has been awarded 2 time charters by Nigeria LNG Ltd ('NLNG') to employ the recently delivered Golar Frost and Golar Crystal. Employment of both vessels under these contracts will commence in January 2015…
In a technical briefing with media in Ottawa this morning, representatives from Public Works Government Services Canada, the Canadian Navy and Irving Shipbuilding provided an overview of the Arctic Offshore Patrol ship program including the ship’s design and capability…
Singapore Technologies Engineering Ltd (ST Engineering) announced today that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics) has secured about $509m worth of contracts in the fourth quarter of 2014 (4Q2014) for Rail Electronics & Intelligent Transportation…
Brazilian natural gas and oil producer QGEP Participacoes SA said on Friday it abandoned an offshore exploration block it owns with Brazil's sate-run oil company Petrobras after deciding continued exploration was not economically viable.The returned block…
ABB traction technologies to drive reliable, energy-efficient trains destined for markets ranging from the United States to Europe’s highest mountain railway stationZurich, Switzerland, January 16, 2015 – ABB, the leading power and automation technology group…
Shlumberger Ltd, the world's No.1 oilfield services provider, said it will cut 9,000 jobs, or about 7 percent of its workforce, as it focuses on controlling costs amid plummeting oil prices.The company said it took charges amounting to $1…
The U.S. is experiencing delays at some major ports due to congestion and labor issues, with the Pacific Maritime Association (PMA) warning that operations at the five largest ports on the West Coast are approaching gridlock.The PMA,…
MacGregor, part of Cargotec, has won a contract from Fujian Southeast Shipyard in China to supply deck equipment packages for two 78m anchor-handling/offshore support vessels under construction for Singapore-based Adhart Shipping Pte Ltd…
Seanergy Maritime Holdings Corp. while announcinbg their financial results for the third quarter and nine months ended September 30, 2014 informed that they plan to acquire a Secondhand Capesize vessel.In this regards Stamatis Tsantanis…