Cargo-carrying unit, OEG Offshore, announced its gain of OSCA Environmental Services Ltd., saying the acquisition expands its international reach in the Caspian region.OEG has acquired OSCA's 2,500-unit stock has multiple bases including: Baku…
“There is a large potential for Germany to cut its climate emissions in a cost-effective way through the increased use of natural gas”, said Statoil CEO Helge LundSwitching from coal to gas as the power sector is a significant opportunity to cut emissions…
Currently, 320 oil/gas floating production units are now in service, on order or available for reuse on another field. FPSOs account for 65% of the existing systems, 76% of systems on order. Production semis, barges, spars and TLPs comprise the balance…
This being the “Yearbook” edition of Maritime Reporter & Engineering News, it would be remiss to not have coverage of LNG, one of the hottest fueling trends in maritime circles, particularly in North America. For a unique insight on a rapidly evolving market…
The August 2014 editon of MarineNews, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners & operators; workboat builders and repairers; product and service providers.Participation is free…
Iran, Syria, Sudan, Libya, Nigeria and now Iraq: the crude oil market has weathered a long list of actual and threatened supply shocks with remarkable calm.According to the U.S. Energy Information Administration (EIA), unplanned disruptions have removed around 2…
Enable Access to Real-Time Info, Better Situation Awareness, for Small and Unmanned Vessels.Gilat Satellite Networks Ltd. (Nasdaq:GILT) has provided its low-profile maritime terminals for various naval vessels of an unnamed Asian country…
Offshore energy, whether oil, gas or wind, faces a tightening regime of restrictions. In Germany, for example, the German Federal Bureau of Maritime Traffic and Hydrography (BSH) recently updated its standards for offshore wind energy units…
A consortium made up of Marubeni (project integrator), the University of Tokyo (technical advisor), Mitsubishi, Mitsubishi Heavy Industries, Japan Marine United, Mitsui Engineering & Shipbuilding, Nippon Steel & Sumitomo Metal Corporation, Hitachi…
Bibby Ship Management has secured a contract to supply crew management services for Chevron’s floating storage unit, the Alba-FSU.The crew will provide operating, loading and equipment handling services on the Alba Floating Storage vessel…
Dron & Dickson, specialists in design, supply and maintenance of hazardous area electrical equipment, has appointed a new sales manager to oversee its Hull operation.Robert Courtney, who joined Dron & Dickson as a sales coordinator at its Aberdeen office in 2013…
Singapore state investor Temasek Holdings said on Monday that Peter Robert Voser, former chief executive of Royal Dutch Shell, will join its board in January 2015.Voser stepped down as Royal Dutch Shell CEO in December. He is the second…
The Marine Training Institute advises that classes are filling up quickly for ECDIS & DP training at its new technologically advanced facility situated on the central Gulf Coast near Houma, Louisiana. Beier Radio explain that it opened The Marine Training Institute in January 2014…
BMT Group Ltd (BMT) has announced a solid financial performance for the year to September 30, 2013. Although market conditions have been challenging, BMT secured revenues of £163.3m, an increase of 5% year on year, with underlying operating profits of £11…
Board Members to Proclaim the Many Merits of Maritime in New York.NYMAR (New York Maritime Inc.) Board members are heading to Athens next week to promote the multiple advantages afforded by the New York Maritime Cluster. Chief on the list…
