Wind power in the northern regions of Finland is developing most rapidly than other parts of the c Scandinavia and the Kola Peninsula.According to data collected on a statistical portal Patchwork Barents, regions of Ostrobothnia and Lapland…
Intellian, the leading provider of stabilized marine satellite antenna systems, has partnered with Telenor Satellite Broadcasting (TSBc) to deliver next generation high-speed maritime connectivity via Intellian’s industry leading 60cm and 1M VSAT platforms…
Intelsat S.A. today reported that its Intelsat 34 satellite was launched successfully from French Guiana aboard an Ariane 5 vehicle. Liftoff occurred at 4:34 pm EDT. The Intelsat 34 satellite separated from the rocket’s upper stage 40 minutes after launch…
The Malahat First Nations and Steelhead LNG plan for a floating natural gas liquefaction plant proposed for the waters of the Saanich Inlet. The Mill Bay-based Malahat First Nation and Vancouver-based Steelhead LNG have entered into a…
GC Rieber Shipping has more than doubled its net profit for the second quarter and recorded a year-on-year increase in profit on more vessels in operations and currency gains. However it has warned of a continued focus on shorter contracts in the future…
Norway’s Farstad Shipping ASA has seen red in the second quarter of 2015 as impairments and currency losses drove the company into a loss. Farstad’s profit after taxes (PAT) was negative NOK 119.5 million, versus positive PAT of NOK 46…
Diana Shipping Inc., has, through a separate wholly-owned subsidiary, agreed to extend the present time charter contract with Glencore Grain B.V., Rotterdam, for one of its Ice Class Panamax dry bulk vessels, the MV Crystalia. The charter…
There are strong indications that the current economic crisis faced by Greece may truncate a vessel acquisition deal worth over $250 million with some Nigerian ship owners, reports BizWatchNigeria. Recently, some ship owners Association…
Nearly 40 tourists rescued by Egyptian authorities as a passenger boat sinks in the Red Sea near Marsa Alam in southern Egypt. The boat carrying 26 French tourists and 10 Egyptians hit coral reefs before it sank off the Red Sea coast - one of the most prominent tourist attractions in Egypt…
The global dry bulk freight market, crippled by oversupply but seeing signs of renewed activity, is expected to take at least a year to hit the road to recovery, according to the latest Platts survey of shipping market participants. This…
China COSCO Holdings Company Limited says its operations at Tianjin port have been unaffected by the blasts that killed 114 people here also put a deep dent in the compact between China’s government and its middle class. 'Our assets have not been materially affected…
North Sea helicopter pilots, vital for transporting offshore oil workers to and from platforms, threatened on Thursday to go on strike unless their employers improve voluntary redundancy terms in view of threatened job cuts caused by the low oil price…
Essential Resource for Transportation or Handling Incidents Involving Hazardous Materials Labelmaster offers the 2016 edition of the Emergency Response Guidebook (ERG) – a must have for anyone who handles or transports dangerous goods (hazardous materials)…
A multiagency rescue operation to help a seriously ill merchant sailor aboard a cargo ship in the Pacific Ocean was cancelled Wednesday morning after the man was declared deceased, the U.S. Coast guard announced. Tuesday, at approximately 9:50 a…
In a meeting in the Corporate Assembly of Statoil ASA on August 20, 2015, Wenche Agerup was elected as a new member of Statoil's board of directors.Wenche Agerup was the Executive Vice President for Corporate Staffs and the General Counsel of Norsk Hydro ASA from 2010 to December 31…
