Caterpillar Inc. has been named to the 2015 Dow Jones Sustainability Indices (DJSI), recognizing Caterpillar as a sustainability leader in the Industrial Engineering sector. This marks the 16th time Caterpillar has been included in the DJSI list…
Burning all the world's fossil fuel reserves could thaw the entire Antarctic ice sheet and push up world sea levels by more than 50 metres (160 feet), over thousands of years, an international study said on Friday.Such a melt, also eliminating the far smaller ice sheet on Greenland…
Press release - Aker Solutions has appointed José Formigli to its innovation board and to serve as an adviser for overall strategic decisions.Formigli, a Rio de Janeiro native and engineer by training, has more than 30 years' experience in the oil and gas business…
The 11th Summer Spartakiada Games of Gazprom were opened today in the Tuapse District of the Krasnodar Territory. The opening ceremony took place at the Orlenok All-Russian Children’s Center. Taking part in the event were Elena Kasyan, Head of Gazprom’s Department and Alexander Koryakin…
Two joint-venture companies that NYK has established with Chubu Electric Power Co. Inc. each concluded a time-charter contract for a new liquefied natural gas (LNG) carrier with Chubu Electric Power Co. Inc. In addition, one of the joint-venture companies…
The Switch, a supplier of megawatt-class electrical drives for wind energy, marine and industrial applications, has opened its new global headquarters in Helsinki.According to Jukka-Pekka Mäkinen, President and CEO of The Switch, the primary…
Aker Solutions has appointed David Clark as regional president of the U.K. and Africa to oversee an expansion and support operations in these key markets, the company announced today.Clark, a U.K. national, has more than 30 years of experience from the oilfield services…
From 1 October, a new regulatory amendment will come into effect which requires cruise ships calling to use low sulphur fuel (01% of less) while berthed in Sydney Harbor.A second stage of the amended regulation, which will require the use of low sulphur fuel (0…
The Global Marine Technology Trends 2030 report released today indicates that: * Momentum and capability for a significant evolution in ship design and operation is now building – the report presents design scenarios for commercial ships…
Leading classification society Bureau Veritas has opened a Verification Academy which will help it to meet increasing demand for verification in the EU and globally and to cement its leadership in verification.The Aberdeen-based academy…
Silverstream Technologies, pioneers of air lubrication technology for the shipping industry, today announced the appointment of Stephen Potts as its new Head of Supply Chain. The development is based on the company’s strategy to further…
In July, Jotun and Dalian Ocean Shipping Company (a wholly-owned subsidiary of China Ocean Shipping Company, Cosco Group), celebrated the 10,000th application of SeaQuantum, Jotun’s premium antifouling, to their 297,336-dwt tanker, Cosrich Lake…
Transocean Ltd. today announced that Lars Sjöbring, Senior Vice President and General Counsel, has informed Transocean that he will be leaving the company. Mr. Sjöbring has agreed to aid in the search for a replacement, but will resign no later than December 31…
Shipping company Baleària and Shipyard Construcciones Navales del Norte – LaNaval have reached this week an Agreement - expected to be firm in two months - for the construction of two natural gas propelled ferries around Euro 350 million…
Lars Sjöbring, Senior Vice President and General Counsel at Transocean Ltd., will be leaving the company, Transocean announced today.Sjöbring has agreed to aid in the search for a replacement, but will resign no later than December 31, 2015…
