The Board of Directors of Sulzer was surprised to hear of Klaus Stahlmann's personal decision to step down as CEO of Sulzer AG. The Board of Directors acknowledges Mr. Stahlmann's contribution to Sulzer's realignment, but in the interests…
Evergreen Group signed an agreement with CSBC Corporation, Taiwan to build ten 2,800 TEU class B-type vessels. Witnessed by Evergreen Group's Second Vice Group Chairman Bronson Hsieh, the contracts were signed by EMC Chairman Anchor Chang and CSBC Chairman Sun-Quae Lai…
QinetiQ has appointed Jamie Pollard as CEO of its Distributed Acoustic Sensing (DAS) subsidiary, OptaSense.Pollard brings over 20 years’ of experience from oilfield services company Schlumberger, where he ran and grew large global businesses and joint ventures…
Stig H. Christiansen has today assumed his new position as chief financial officer (CFO) at Prosafe. Christiansen’s appointment was announced by semi-submersible accommodation vessels owner and operator Prosafe on July 3, 2015. Christiansen…
Based on the current challenging environment in the oil and gas market, Sulzer decided to take measures to streamline the manufacturing capacities of its Pumps Equipment division.Since the beginning of 2015, Sulzer’s Pumps Equipment division…
Iran's oil minister invited the Japanese delegation to partner in many areas especially Liquid Natural Gas (LNG) output, reports MNA. The delegation of high-level Japanese trade official and executives of major industries, headed by Japan's State Minister of Economy…
Electromagnetic Geoservices ASA (EMGS) has received a letter of award (LOA) for a contract worth approximately USD 4.2 million from an oil company for 3D EM data acquisition over their operated area in Malaysia. The two parties have entered into a two-year contract…
Dun & Bradstreet nnounced today the appointment of Cindy Christy, president and chief operating officer of Asurion Corporation, to the company's Board of Directors, effective immediately.In this role, Christy will share her broad experience…
A new generation 'Antigoon' class dredger, called Scheldt River, being built by Royal IHC in the Netherlands on behalf of the Belgium based DEME Group, is to be powered by Wärtsilä dual-fuel (DF) engines. This will be the first ever dredger…
The first U.S.-based floating liquefied natural gas vessel (FLNGV) moved closer to reality after engineering giant Bechtel agreed to design and engineer the project. Bechtel has been selected by Delfin LNG, a wholly-owned subsidiary of Fairwood Peninsula Energy…
AEG Power Solutions, a global provider of power electronic systems and solutions for industrial power supplies and renewable energy applications, informed that Fincantieri S.p.A. has selected its power systems solutions to secure all critical loads applications on board Seabourn Encore…
LOC, a leading global marine and engineering consultancy for the shipping and offshore energy industry announces the expansion of its European operations with the opening of its Paris office today (4 August 2015).The office is the first…
Matson, Inc., a U.S. carrier in the Pacific, reported net income of $9.9 million, or $0.23 per diluted share for the quarter ended June 30, 2015. The company said its second quarter results were negatively impacted by $13.5 million of additional selling…
Totem Ocean Trailer Express announced that it has signed a contract with Keppel Offshore & Marine Ltd, wholly owned subsidiary Keppel Shipyard Ltd for the conversion of the Midnight Sun to dual fuel liquefied natural gas (LNG) propulsion…
Russia has submitted its bid for vast territories in the Arctic to the United Nations, AP reported as the Foreign Ministry saying. The ministry said in a statement that Russia is claiming 1.2 million square kilometres (over 463,000 square…