The liquefied natural gas (LNG) industry has morphed from energy's golden child to black sheep in the last two years, with demand slumping just as supplies soars. While low prices are a boon for consumers, the lack of demand and lowered…
China's coal producers have sought government approval for a plan to increase output, sources said on Thursday, partially reversing efforts to cut capacity that has sent prices soaring and depleted domestic stockpiles this year. The State…
PAO Sovcomflot, Asea Brown Boveri Ltd. (ABB) Company and the Admiral Nevelskoy Maritime State University (MSU) have signed an agreement for research, technological and educational partnership. The document provides for the establishment of the…
Canada's trade deficit in July unexpectedly shrank on stronger non-energy exports, a sector the Bank of Canada says is crucial to helping revive an economy hit by low oil prices. Statistics Canada said on Friday that the July deficit was C$2…
ABS Quality Evaluations, Inc. (ABS QE), a subsidiary of ABS Group, has been selected as a third-party verifier by the National Association of Chemical Distributors (NACD), an international association of chemical distributors and their supply-chain partners…
A Fugro manufacturing centre that specialises in marine geotechnics has met Nuclear AMRC’s (Advanced Manufacturing Research Centre) exacting marque of supplier competence for nuclear contracts.The UK facility for over-water drilling and…
Mitsui O.S.K. Lines, Ltd. today announced that the company and its subsidiary MOL Information Systems, Ltd. have signed a contract with Yokohama National University to conduct a joint study on the analysis and use of big data related to ocean shipping…
There is increasing emphasis from regulators on addressing uncertainty in risk assessments to improve safety. DNV GL’s new paper, ‘Enabling confidence – addressing uncertainty in risk assessments’, describes an improved risk management approach…
New joint co-operation between Gasum and Wärtsilä aims to develop the utilization and distribution of natural energy gases in marine and land markets.Gasum, the Nordic leader in natural gases and Wärtsilä, a global leader in advanced technologies…
ABS announced the publication of The ABS Guide for Certification of Offshore Access Gangways. The new Guide addresses certification for safety systems used for “walk to work” (W2W) crew transfers.“As advanced crew transfer options become the norm in the offshore oil and gas industry…
Allocate Software, a provider of offshore and maritime workforce management software, announced McDermott International Inc successfully deployed the company’s Offshore Suite, creating a central skills matrix that harnesses the talents of its…
Ensco (NYSE: ESV) announced today that CEO and President Carl Trowell will present at the Barclays CEO Energy-Power Conference in New York City on Wednesday, 7 September 2016, beginning at 10:25 AM EDT. Investor materials to be used during…
A wave of cargo cancellations from the US is putting additional pressure on VLGC rates, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry. Two major factors have lowered VLGC rates in…
Global logistics company Samskip has completed a major environmental protection project through subsidiary frigoCare, installing the largest solar panel system in the port of Rotterdam as part of its Sustainability Strategy. The initiative…
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, announced that its 2016 Guardian Award has been presented to ExxonMobil.The Coast Guard Foundation’s Guardian Award recognizes individuals…
