Shareholders in Danish wind turbines maker Vestas are anxiously waiting for U.S. lawmakers to decide if a crucial tax break for wind power will be extended, as a favorable decision could send its share price bouncing up by over 10%, according to analysts…
Achinsk Refinery started shipping high octane gasoline and diesel fuel of the quality no lower than environmental class IV of the Technical Regulations. The Company, therefore, resumed output of commercial motor fuels after the accident that happened on 15 June…
DGS Marine, a leading global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I facility, has highlighted the benefits of fixed premium P&I cover for ship owners and operators in the Middle East…
November 2014 marks the 95th anniversary of MacGregor's Hatlapa brand. Since its foundation in 1919 by German engineer Max Hatlapa, the formerly independent Uetersen-based company has strived for engineering excellence. Last year, in recognition…
The Bureau of Safety and Environmental Enforcement (BSEE) is responding to an explosion at West Delta 105 in the Gulf of Mexico, approximately 12 miles off the coast of New Orleans. The offshore oil and gas operator, Fieldwood Energy, reported…
Though OW Bunker’s collapse has varyingly affected many companies around the globe, Danish bunker fuel provider Monjasa A/S said in a statement that the news holds an “insignificant commercial impact” for its business as the company has had only limited financial exposure towards OW Bunker…
A Panama Canal delegation headed by Administrator Jorge L. Quijano visited Japan to hold discussions with the Japan Shipowners’ Association (JSA) and the major Japanese shipping lines, as well as end customers such as Japanese car manufacturers and energy sector companies…
Carnival Corporation & plc released a report today detailing its sustainability efforts, including initiatives which enabled the company to meet its corporate goal to reduce its rate of CO2 emissions from shipboard operations by 20 percent, a year ahead of its initial plan…
British journalist and author, Rose George, has agreed to join the judging panel for WISTA- UK’s “Came by Ship” writing competition.George is the author of Deep Sea and Foreign Going: Inside Shipping, the Invisible Industry that brings you Ninety Percent of Everything…
A maritime care home in Surrey has taken a huge leap into the world of green living, cutting its carbon footprint and working towards becoming self-sufficient. The Royal Alfred Seafarers’ Society has installed solar panels, a biomass boiler and a borehole at its facilities in Banstead…
The 19th Annual Career Days organized by the Istanbul Technical University Maritime Faculty Career Club hosted UN RO-RO on November 18.UN RO-RO representatives Murat Ozcelikyurek and Pınar Curnallok introduced themselves and their company in a speech to students…
A memorandum of understanding (MOU) was signed today between DNV GL and Qatar’s premier shipyard Nakilat-Keppel Offshore & Marine (N-KOM) to promote liquefied natural gas (LNG) as fuel within the maritime and offshore industry.The signing…
Nordic American Tankers Limited Chairman & CEO Herbjørn Hansson addressed the impacts of low oil prices on the tanker business in a letter to shareholders, citing the decrease in oil price as an overall positive for the world tanker market and…
Tug engineers withdrew plans to strike at Port Hedland, Australia's biggest iron ore port, tug operator Teekay Shipping said on Thursday, removing a threat to exports from BHP Billiton and Fortescue Metals Group Ltd.The Australian Institute…
The Australian Renewable Energy Agency (ARENA) today announced $452,000 funding for Fulcrum3D to further develop an advanced cloud tracking system.ARENA CEO Ivor Frischknecht said that effectively tracking and predicting cloud movements…