People & Company News


New Chairmen at Three Chinese Oil Firms

May 04, 2015

China has appointed new chairmen for the country's top three energy groups, according to company statements on Monday, in a top-down reshuffle of the industry which faces the challenges of spending cuts, low oil prices and easing demand.Earlier…

‘RASI’ Charity Rowers ‘Smashed It’ Round Singapore

May 04, 2015

Charity endurance event ‘Row Around Singapore Island (RASI)’ beats electrical storm and finishes with time triumph, high emotion and VIP celebrations at the finish line.‘Mission RASI’, took place last week as part of Singapore’s 50th Anniversary celebrations…

BMT Innovation Recognised in AWA Awards

May 04, 2015

BMT WBM (BMT), a subsidiary of BMT Group Ltd, has announced that the Hawkesbury-Nepean River and South Creek model, developed for Sydney Water has been awarded the Program Innovation Award at this year’s Australian Water Association’s (AWA) New South Wales (NSW) Awards…

USCG Establishes Diver Specialty

May 04, 2015

The Coast Guard announced Wednesday the establishment of the diver enlisted rating and corresponding chief warrant officer specialty.About 50 enlisted personnel and three chief warrant officers will initially transition to the Diver (DV) rating and Diving (DIV) specialty…

Shipping Industry Faces Major Dilemma on BWM

May 04, 2015

The Round Table (RT) of International Shipping Organisations (comprising BIMCO, the International Chamber of Shipping, Intercargo and INTERTANKO) is deeply concerned if the international convention to regulate ships’ ballast water comes into…

Wärtsilä 50DF Engine Operates on Ethane

May 04, 2015

The Wärtsilä 50DF marine engine has been tested and certified to run on ethane (LEG) fuel. The testing program was carried out by Wärtsilä in close collaboration with Evergas, an owner and operator of seaborne petrochemical and liquid gas transport vessels…

Nederex, Damen Shipyards sign MOU with CPA

May 04, 2015

Curacao Ports Authority NV ('CPA') signed a Memorandum of Understanding with Nederex BV. (Nederex) and B.V. Damen Shipyards Gorinchem (Damen) on the 30th of April.  Damen Shipyards and Nederex are engaged in ship repair and the provision of maritime services…

Indian Navy To Limit Ship Buys to Domestic Yards

May 04, 2015

The Indian Ministry of Defence has directed future warship and submarine building orders be given only to domestic shipyards. The Navy has potential orders worth more than US $50 billion over the next 10 years for ship and submarine builds…

Thuraya Debuts Most Advanced Satellite Phone

May 03, 2015

Thuraya Telecommunications Company today launched the industry's most advanced satellite phone, the Thuraya XT-PRO. Targeted at professional users across a range of market sectors including government, energy, media and NGOs, the Thuraya XT-PRO is the only satellite phone to feature built-in GPS…

Research Award to Honor Outgoing ABB Chairman Gruenberg

May 03, 2015

ABB, the leading power and automation technology group, has created an international research award to honor Hubertus von Gruenberg, who is stepping down after eight years as Chairman of the Board of Directors. The award is intended to encourage…

DNV GL's Walk to Work Guidelines for Offshore Personnel

May 03, 2015

Offshore facility operators can now consider an alternative and more cost-effective means to transfer personnel to and from their facilities, which is safe, efficient and regulatory compliant.An industry guideline, which is issued today…

BP Shipping Marks its 100th Year

May 03, 2015

BP Shipping today celebrates its 100-year anniversary, making it the longest continually operating company in the BP group.Formed on April 30, 1915 as the British Tanker Company, the business has adapted to significant world events including two world wars…

Statoil Supporting Earthquake Victims in Nepal

May 02, 2015

Statoil has decided to donate NOK 1 million to the Red Cross to support their disaster relief work in Nepal after the earthquake.The International Red Cross and Red Crescent Movement is stepping up efforts to help the people of Nepal following the devastating earthquake which has left over 5…

Maritime Innovation Award for Subsea Industries

May 02, 2015

The 2014 Maritime Innovation Award, given jointly by the Royal Institution of Naval Architects and QinetiQ, has been presented to Subsea Industries for the product Ecolock.The Maritime Innovation Award is presented to an individual or…

Panama Okays New Canal Toll Structure

May 02, 2015

Panama’s cabinet council has approved a request by the Panama Canal Authority (ACP) to modify the canal toll structure and implement volume-based discounts for container ships. The new toll schedule will take effect April 1, 2016. New tolls apply to all lanes…

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