3sun Group, a specialist provider of products and services to the global energy industry, has appointed Dene Heywood as commercial director.Operating in the oil and gas and wind sectors both onshore and offshore, 3sun Group is an established…
Knightsbridge Shipping Limited and Golden Ocean Group Limited have today entered into an agreement and plan of merger pursuant to which the two companies have agreed to merge, with Knightsbridge as the surviving legal entity. The Combined…
French state-controlled nuclear group Areva will further cut back its investment budget and sell more assets to shore up its balance sheet, and the position of Chief Executive Luc Oursel is under threat, French daily Les Echos said on its website on Monday…
Kosmos Energy is set to sign a $400 million 'farm-in' agreement with Senegal's state-owned hydrocarbon firm Petrosen and Timis Corp to take a 60 percent stake in the Cayar and St. Louis offshore blocks that they operate, a draft Petrosen document seen by Reuters on Saturday showed…
Mitsui O.S.K. Lines, Ltd. President: Koichi Muto) today announced the naming ceremony of 'LNG Venus', a newbuilding liquefied natural gas (LNG) carrier held at the Nagasaki Shipyard of Mitsubishi Heavy Industries, Ltd. (MHI; President: Shunichi Miyanaga…
Yara International ASA has obtained relevant regulatory approvals and closed the acquisition of OFD Holding Inc. (OFD) allowing the integration process to start.The OFD operations comprise production facilities in Cartagena, Colombia and distribution companies across Latin America…
Jaccar Holdings of Luxemburg and Hartmann Group of Leer, Germany, announce the establishment of a joint venture for the commercial management of ethane carriers. The new company, “United Ethane Carriers” or UEC, will be based in Singapore…
Ahrenkiel Steamship, the newly formed German ship management company, will consolidate its entire fleet at DNV GL. Nick Topham managing director of Ahrenkiel Steamship and Tor E. Svensen, CEO of DNV GL - Maritime, signed the cooperation agreement at the SMM trade fair in Hamburg…
DP World today announces that it has acquired World Security FZE for total consideration of $25.5 million. World Security FZE provides security services and solutions to various corporates in Dubai including ports and free zones. World…
Frontline Management (Bermuda) Ltd. and Tankers International LLC (TI) today announced the formation of a new company, VLCC Chartering Ltd ('the Company'). The aims of the Company will be:*to create a larger fleet with more flexibility…
Chairman and President: Noboru Ueda of ClassNK announced the establishment of a new Renewable Energy Department. This new department which began operations on 1 October 2014 will oversee a diverse range of activities related to renewable energy…
Vallianz Holdings Limited, a provider of offshore support vessels and integrated marine solutions to the oil and gas industry, has today announced that it is acquiring OER Holdings Pte. Ltd. for $27.7 million (USD).Headquartered in Singapore…
Ocean Engineering/ Naval Architecture Firm Brings Innovation to the Mega Yacht CommunityThe Miami-based ocean engineering and naval architecture firm of Henderson & Associates, Inc. has merged with Sea3 Systems, Inc. to form Henderson, Hanes & Associates…
MOL adds DPS and enhances safe operation by integrating expertise through mergerMitsui O.S.K. Lines, Ltd. (MOL) announced the merger of MOL Marine Consulting, Ltd. (MOLMC) and MOL Cable Ship Ltd. effective October 1, 2014. The new company…
Damen Shipyard Group’s new transshipment Crane Barge (CBa) 6324 has got off to a strong start, with an order for the first unit from a client in Uruguay. The barge features the proven Liebherr CBG 350 crane as standard and on this occasion…