3sun Group, a specialist provider of products and services to the global energy industry, today opens a new base in Hull which aims to provide up to 50 jobs locally. The expansion strengthens the Group’s strategy to become a leading supplier of installation…
Golar LNG Ltd said Oscar Spieler would replace Gary Smith as chief executive, as the natural gas shipping company realigns operations, including building up its presence in the Brazilian power generation market. The company said on Tuesday…
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that Lakler S.A., 100% subsidiary of MOL has officially agreed to conclude a charter contract, with an eye toward reaching a final deal in June this year, with Gas Sayago…
Wärtsilä is to team up with an international group of shipping industry companies and organisations in a project to develop a concept for equipping future dry bulk carrier vessels with LNG propulsion.Project Forward is led by Athens-based Arista Shipping…
In 2015, Ulstein Group recorded revenues of $279.4 million and an operating loss of $11.5 million. The business areas Design & Solutions and Power & Control both recorded profits.The downturn in the offshore sector and a tricky market has to be met with adaptation and innovation…
ECOSLOPS an innovative technology company that upgrades ship-generated hydrocarbon residues (slops) into valuable distillates and light bitumen, has announced the signing of a long-term XFO (light bitumen) supply contract with SOPREMA. SOPREMA…
A recent JRC report finds that fuels like liquefied natural gas (LNG) and methanol are the most promising alternatives to drive decarbonisation of the shipping sector and ultimately contribute to the fight against climate change. Market…
Total and Saft announced today that, following the signature of an agreement between the companies, Total filed a friendly tender offer on all of the issued and outstanding shares in the capital of Saft with the French Financial Markets Authority (Autorité des Marchés(“AMF”))…
he first ever UK domestic dual-fuelled new build vessels will feature fully integrated Wärtsilä propulsion machinery packages. Wärtsilä will also supply extended engineering and site support services. The two ships, both 102 metre long ro-ro passenger ferries…
A raging Canadian wildfire grew explosively on Saturday as hot, dry winds pushed the blaze across the energy heartland of Alberta and threatened to burn close to an oil sands project.The fire that has already prompted the evacuation of all 88…
Matthew Campbell assumes the position of Vice President, Marketing & Product Management of AdvanTec Global Innovations. He assumes responsibility for marketing, and the development and growth of all brands within the marine products portfolio…
Scorpio Tankers Inc. announced it has received a commitment from NIBC Bank N.V. for a loan facility of up to $44 million.The loan facility, subject to customary conditions precedent and the execution of definitive documentation, will be…
Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno and U.S. Coast Guard Rear Admiral Paul Thomas participated in a luncheon panel discussion today at the Offshore Technology Conference (OTC) in Houston. The discussion…
Gazprom was announced the winner of the All-Russian Green Development – Evolution Awards 2016 in the Best Green Tech Solution category. The award was presented by competition committee chairman Sergey Donskoy, Minister of Natural Resources and Environment of the Russian Federation…
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today teamed up with a local partner in Indonesia, PT Pelindo Energi Logistik (PEL; President Director: Denny Hermanto) to launch joint operation of the LNG carrier Triputra,…