ClassNK and leading global maritime software company NAPA have announced a new joint project to reduce the time and cost of designing vessels in accordance with the new IACS harmonised Common Structural Rules. The new project will enhance the…
Brazil's state-run oil company Petroleo Brasileiro SA extended a leave of absence for the head of its tanker and pipeline unit, Transpetro, for 30 more days according to a filing on Friday.Transpetro President Sergio Machado stepped down…
Katherine Wang, who is well known in Asian P&I circles, has joined the American Club as assistant vice president and marketing manager for Greater China and Northern Asia. In the first instance she will be stationed in the Hong Kong office of the club's managers…
Expanding its international team of executives, Torqeedo has name Tom Watson as Vice President, global accounts. In this newly-created position, Watson will bring his years of marine industry experience to the young company, managing aspects…
Norway plans to boost the financial firepower of state-owned energy group Statkraft by $1.4 billion to support its renewable power expansion at home and abroad, the company said on Friday.Statkraft is Norway's biggest power firm in terms…
Vessel manufacturer Metal Shark has reached an agreement with Damen Shipyards to market Damen designs, which the company will construct at its Franklin, Louisiana shipyard.“We are proud to offer globally proven Damen designs as we expand our footprint in new markets…
Gazprom and UniCredit Bank signed a bilateral credit agreement worth a total of EUR 390 million in Vienna yesterday.The agreement is of great historical significance both for promoting the mutually beneficial relations between the two…
Littoral combat ship (LCS) USS Fort Worth (LCS 3) arrived in the U.S. 7th Fleet area of operations Dec. 4, marking a key initial milestone in its 16-month rotational deployment in support of the Indo-Asia-Pacific rebalance.Building on USS…
The completion of the two new vessels, M/V Berlin and M/V Copenhagen, at the Danish shipyard FAYARD is progressing according to plan. It is expected that the two new passenger ferries can be put into operation on the Rostock-Gedser route in the second half of 2015…
Driven by a firm commitment to continuously strengthen its environmental, social and governance (ESG) management and strategy, Keppel Corporation's sustainability efforts have gained momentum, affirmed by inclusion on several global sustainability benchmarks in recent months…
Kalmar, part of Cargotec, will deliver two Gloria reachstackers to the Hams Hall Rail Terminal in Birmingham, operated by Associated British Ports (ABP). The order was signed in August 2014 with delivery in December 2014. The deal will enable…
Accessing the latest research findings or information on new technologies and incoming regulations as they emerge can prove challenging. To help make access easier, leading classification society ClassNK (Chairman and President: Noboru Ueda)…
SAL Heavy Lift GmbH, the leading Heavy Lift operator, has successfully completed a series of complex and sensitive shipments totalling more than 100,000frtts for the Ichthys LNG Project near Darwin, NT.SAL Heavy Lift was contracted by the Project’s freight forwarder SDV…
Subsidiaries of Teekay LNG Partners L.P. and a wholly owned company of Royal Dutch Shell plc today announced that they have entered into time-charter contracts for five newbuild LNG carriers. The vessels will operate as part of Shell's global…
Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe informed about Egdon Resources' timing of operations to test potential hydrocarbon…
