Rajaish Bajpaee will hand over CEO responsibility of Bernhard Schulte Shipmanagement (BSM) to his current deputy, Capt. Norbert Aschmann, through planned succession at the end of December 2014 after more than 27 at the Schulte Group. Bajpaee…
Camp, Stabenow, Slaughter Introduce Guarding Our Great Lakes Act The Guarding Our Great Lakes Act, a bipartisan legislation designed to protect the Great Lakes from the threat of invasive Asian carp, has been introduced by U.S. Congressman Dave Camp (R-Mich…
Boskalis, KOTUG agree to merge European harbor towage operations Royal Boskalis Westminster N.V. and KOTUG International B.V. have signed a Memorandum of Understanding (MoU) to merge the companies’ European harbor towage operations. The…
Following a new Recommended Practice (RP) for subsea lifting, DNV GL has published an RP providing guidance on how to establish, implement and maintain an integrity management system (IMS). According to DNV GL, the aim is to help operators carry…
RN-Aero (Rosneft subsidiary) and KazMunayGas-Aero (KazMunayGas subsidiary) signed an agreement, substantially increasing cooperation between the Companies. The accord on the signing of the agreement was reached at the IATA International Aviation Forum in Dubai in the end of November…
MacGregor, part of Cargotec, has received a major order from Kleven in Norway for six comprehensive deck handling equipment packages. They will be installed on six new-generation Anchor Handling Tug Supply (AHTS) vessels for Maersk Supply Service…
Chairman of the Board Erik Henriksen has given notice of resignation from his position on the Board of Norwegian Energy Company ASA. The notice will be considered by the Board in due course in accordance with applicable regulations. The…
Northrop Grumman Corporation (NYSE: NOC) is among the sponsors of the Jubilee Sailing Trust (JST), a registered charity whose mission is to promote the integration of people of all physical abilities, including injured and recovering servicemen and women…
Incat Crowther’s first-of-type Catamaran Dive Support Vessel, Bhagwan Dryden, has set a new standard for catamaran dive support vessels since its launch and delivery earlier this year. Operational feedback has been positive for the vessel…
Damen Shipyards Group, together with its website partner Evident,has won the ‘Benelux Sitecore Experience Award 2014’ in the category ‘Business Transformation’. This prize is awarded to the best Sitecoresolution, meaning a solution which generates measurable…
The secretary-general of the Organization of the Petroleum Exporting Countries (OPEC) said on Sunday the price of oil had fallen further than market fundamentals would have dictated.Speaking at an event in Dubai, Abdullah al-Badri added…
China is expected to sign 30 cooperative agreements worth $10 billion with Kazakhstan as Premier Li Keqiang begins his first official visit to the country, the official Xinhua news agency said on Sunday.Xinhua did not give details, but…
Some private investment companies are looking to profit from preserving forests in developing countries, betting that the emissions reductions can be sold in future carbon markets.London-based Permian Global said on the sidelines of U…
German wind turbine maker Nordex is mulling paying a dividend for the first time since listing on the stock exchange as part of efforts to create a long-term investor base, its chief financial officer told a German newspaper.'We will…
Czech power utility CEZ will wind down operations of its coal-burning plant in Bulgaria on Jan. 1, after it failed to get an exemption from European Union environmental rules, the company said on Saturday.CEZ had hoped Brussels may allow…
