In July, Jotun and Dalian Ocean Shipping Company (a wholly-owned subsidiary of China Ocean Shipping Company, Cosco Group), celebrated the 10,000th application of SeaQuantum, Jotun’s premium antifouling, to their 297,336-dwt tanker, Cosrich Lake…
Transocean Ltd. today announced that Lars Sjöbring, Senior Vice President and General Counsel, has informed Transocean that he will be leaving the company. Mr. Sjöbring has agreed to aid in the search for a replacement, but will resign no later than December 31…
Shipping company Baleària and Shipyard Construcciones Navales del Norte – LaNaval have reached this week an Agreement - expected to be firm in two months - for the construction of two natural gas propelled ferries around Euro 350 million…
Lars Sjöbring, Senior Vice President and General Counsel at Transocean Ltd., will be leaving the company, Transocean announced today.Sjöbring has agreed to aid in the search for a replacement, but will resign no later than December 31, 2015…
Aquatic Engineering & Construction Ltd, an Acteon company, has appointed Martin Charles as group managing director. Charles replaces Aquatic’s former president, Chris Brooks, who has departed Aquatic after eight years. Charles joined Aquatic in 2014 as regional general manager…
Hanjin Heavy Industries and Construction Philippines (HHIC-Phil), which operates the world's fourth shipbuilding facility in Subic Freeport Zone, unveiled the first-ever Philippine-made Liquefied Petroleum Gas (LPG) carrier. The ship was…
ABB, the leading power and automation technology group, has appointed Bazmi Husain as Chief Technology Officer (CTO), effective January 1, 2016. Husain, an expert in power and automation who has been with ABB for more than 30 years, will report to CEO Ulrich Spiesshofer…
Dorian LPG, an owner and operator of modern Very Large Gas Carriers ('VLGCs'), reported today that it has taken delivery of the ECO VLGC Commodore from Hyundai Samho Heavy Industries and the ECO VLGC Cresques from Daewoo Shipbuilding and Marine Engineering ('DSME')…
DP World Nhava Sheva, well-known for its operational efficiency; once again orchestrated a win-win situation for the trade and maintained normal import and export activities when the port confronted both, natural and manmade crisis.With…
The Executive Committee of Euronav NV today announced that it has signed a new USD 750 million senior secured amortizing revolving credit facility led by DNB Bank ASA and Nordea Bank Norge ASA acting as Coordinators, Mandated Lead Arrangers and Bookrunners and ABN AMRO Bank NV…
Sembcorp Marine subsidiary SMOE Pte Ltd has secured an Engineering, Procurement and Construction (EPC) contract worth over USD One billion (including long lead items) from Maersk Oil North Sea UK Limited.The contract includes the building…
NewLead Holdings Ltd.announced today a review of the commercial performance of one of its bitumen tanker vessels, the MT Nepheli since the vessel was delivered to NewLead's fleet.The Nepheli is a 2009-built bitumen tanker vessel of 3…
U.K. Chancellor of the Exchequer George Osborne toured NorSea Group’s U.K. headquarters during a visit to Aberdeen this week. During the tour, Walter Robertson, MD of NorSea Group, gave the Minister an update on the work the company is carrying out in support of the subsea…
State of the Arctic Council to establish a new mechanism to strengthen operational cooperation and coordination of activities at sea. This is dictated by the need to provide security in the Arctic waters.The eight countries of the Arctic Council (AC)…
Calnetix Technologies, LLC has published a White Paper describing new processes for producing supplemental power for a ship’s electrical load. The White Paper, entitled New-Technology Shipboard System Converts Heat from Engine Jacket Water into Electrical Power…