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Wärtsilä Navi-Port Tested for Just-in-time Sailing

Feb 19, 2020

Wärtsilä, together with project partners Carnival Maritime and HVCC Hamburg Vessel Coordination Center (HVCC), announced they have implemented and tested a new solution for just-in-time sailing.Together, the partners have achieved the exchange…

NES Announces Management Changes

Feb 19, 2020

Norwegian Electric System AS (NES) has announced Odd Gunnar Kleppe has stepped down as EVP / general manager.Odd Gunnar Kleppe has worked for NES since March 2018, and has been EVP since March 2019. In his time at NES, he has played an important…

CGG Officially Exits Seismic Data Biz

Feb 18, 2020

French-based geophysical services company CGG announced that it has completed the wind-down and exit from its land seismic data acquisition business after completing its last land seismic acquisition contract in Tunisia.Following on from the…

Canada Funds Refinance German OWF

Feb 18, 2020

The Canada Pension Plan Investment Board (CPP Investments) has refinanced its minority interest in the 609MW Hohe See and Albatros offshore wind farm complex in the German North Sea.Amsterdam Capital Partners (Amscap) advised CPP Investments on the EUR 510…

GE Appoints Grid Solutions Chief

Feb 18, 2020

GE Renewable Energy has announced that Heiner Markhoff has been named vice-president and CEO of Grid Solutions, effective March 20, 2020.According to a press release, Markhoff has a track record of growth, transformation and operational performance in diverse global businesses…

James Fisher Appoints Subsea Ops Director

Feb 18, 2020

James Fisher Marine Services appointed Simon R. James as its new Subsea Operations Director effective February 2020.James joins with more than 25 years’ of experience in the marine, offshore and subsea service sectors, having held director-level roles at DeepOcean…

Inmarsat Launches Services in Saudi Arabia

Feb 18, 2020

Inmarsat has announced that it will bring its maritime, aviation and enterprise connectivity solutions to customers based in Saudi Arabia through new partner agreements.The company additionally announced that it has secured new spectrum licences…

Hapag-Lloyd: Asia Business 'Overall Stable' Amid Virus Outbreak

Feb 18, 2020

German container shipping line Hapag-Lloyd said on Tuesday its business in Asia was 'overall stable,' although the coronavirus outbreak had extended the traditionally slack period around China's Lunar New Year holiday.China's efforts to control…

SGS Acquires TTSA's Diving Division

Feb 18, 2020

Commercial diving company Subsea Global Solutions (SGS) said it has acquired the commercial diving division of T&T Salvage Asia, Pte Ltd. (TTSA), enhancing SGS’ capabilities in Singapore and strengthening its position in the Asia-Pacific region…

DP World Returns to Full State Ownership

Feb 18, 2020

Dubai is to take full control of port operator DP World in a deal with a $13.9 billion valuation that will help the company at the center of the emirate's 2009 debt crisis to repay some of its borrowings.DP World, which operates ports around the world from Hong Kong to Buenos Aires…

EU Clears OLT Takeover by SNAM and FSI

Feb 18, 2020

The European Commission has approved the acquisition of OLT Offshore LNG Toscana by SNAM and the UK’s First State Investments International (FSI), under the EU merger regulation.According to the Commission, OLT is active in the management of…

Transocean Drilling Revenues up at $792M

Feb 18, 2020

Transocean, the world's largest offshore drilling contractor, said that its total contract drilling revenues were $792 million (total adjusted contract drilling revenues of $839 million), compared with $784 million in the third quarter of 2019…

DP World to Delist from Nasdaq Dubai

Feb 18, 2020

DP World, one of the world’s largest port operators, is delisting from the Nasdaq Dubai and returning to fully private ownership.According to a press release, the  UAE-owned port behemoth’s parent company, Port and Free Zone World, has offered to buy the 19…

Sembcorp in Offshore R&D Pact with A*Star

Feb 18, 2020

The global marine and offshore engineering group Sembcorp Marine and Singapore's Agency for Science, Technology and Research (A*Star) have agreed to deepen their research and development (R&D) collaboration for the offshore marine and clean energy sectors…

Obituary: George R. Duclos, 1933-2020

Feb 17, 2020

George Raymond Duclos, age 86, died peacefully on February 15, 2020 surrounded by his family. The son of the late Raymond and Albertine (Bertha Chenard) Duclos.  Born in 1933 in Fall River, MA, George spent most of his life in Westport, MA spending…

Logistics News

Explosion Forces Shutdown of Valero’s Port Arthur Refinery

Explosion Forces Shutdown of Valero’s Port Arthur Refinery

Wattlab Scales Up Solar Power for Bulkers

Wattlab Scales Up Solar Power for Bulkers

African Bunkering Hubs Gain as Ships Reroute Around Cape

African Bunkering Hubs Gain as Ships Reroute Around Cape

Two India-Bound Tankers Pass Through Strait of Hormuz

Two India-Bound Tankers Pass Through Strait of Hormuz

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