ABB announced today acquired Gomtec GmbH to expand its offering in the field of collaborative robots. The parties agreed not to disclose financial terms of the transaction.Gomtec, based near Munich, Germany, is a privately held company that develops mechatronic systems combining mechanical…
Since February, freight rates on the three key container shipping lanes has left the erratic up and down movements behind only to slide week after week.On Friday April 10, 2015 the freight rate including ocean freight and surcharges, i…
At a hearing today at South Shields Magistrates Court, Robert Trueman, the Owner/Skipper of a fishing vessel was fined a total of £5,000 plus costs of £4,536.18 after pleading guilty for failing to keep a good lookout. Trueman was also ordered…
China is investigating the former chairman of Ningbo Port Group, manager of one of the world's busiest ports, the country's top graft-busting body said, naming the latest target of an anti-corruption drive ordered by President Xi Jinping. Xu Huajiang…
The Australian Renewable Energy Agency (ARENA) today announced up to $20 million for a new research and development (R&D) round dedicated to industry-partnered projects that seek to develop and commercialise renewable energy technologies…
Incat Crowther reported it has opened an office in Europe.Located in Southampton, United Kingdom, the office has been created to support a growing European client base and meet the demand for Incat Crowther’s products and services in the region…
Aker Solutions and Fjords Processing have formed an alliance to develop technology and capabilities for advanced, cost-effective wellstream separation and treatment solutions for the subsea and topside oil and gas industry.The WellSep…
A new survey being carried out as part of the BIMCO/ICS Manpower Report 2015 is directly engaging seafarers in order to understand their views on life at sea and outlook for the industry’s manpower in the years ahead. Preliminary results…
Two safety and survival systems developed for use in the UK’s offshore sector by the Survitec Group were recognised for their industry-leading importance when they won the Safety Innovations Award in the recent Offshore Achievement Award organised by the Society of Petroleum Engineers (SPE)…
Expedition ''Kara-Winter 2015'', organized by the oil giant Rosneft, left from the city of Murmansk to study the surface ice in the Arctic, accompanied by the icebreaker Yamal.This is the third year of research expeditions organized by…
Portsmouth Naval Shipyard (PNSY) was recently declared winner of two fiscal year 2014 Secretary of the Navy (SECNAV) Environmental Awards, one for Environmental Restoration-Installation and one for Cultural Resources Management-Small Installation…
Schlumberger announced today that the Petrel* E&P software platform will support BP’s new digital technology roll out. The first deployment of the two-year global implementation has been successfully completed for staff at the company’s business unit in Aberdeen…
On a chilly April 4, day, Sailors from USS Jason Dunham (DDG 109) boarded a bus to Princess Nadejda Orphanage in Varna, Bulgaria, paint brushes in hand, for an afternoon with local children excited to spend time with their new American friends…
To better capitalize on the growing importance and excitement of data analytics and to drive innovation to support customers, Caterpillar Inc. today announced the formation of a new division, Analytics & Innovation (AI), which will be led by Caterpillar Vice President Greg Folley…
Six Greenpeace activists rappelled down from an oil rig in the Pacific Ocean on Saturday after spending six days living on the structure to protest against drilling in the Arctic, the environmental organization said.The multinational team climbed aboard Polar Pioneer…