GasLog, an international owner, operator and manager of liquefied natural gas (LNG) carriers, is predicting a tighter LNG shipping market, as increasing United States LNG output combines with a seasonal uptick in demand for gas, resulting in…
Building on the pioneering legacy of the refrigerated container shipping industry’s first controlled-atmosphere system 25 years ago, Carrier Transicold has developed the next-generation EverFRESH system. Carrier Transicold is a part of Carrier…
Claus-Peter Offen Tankschiffreederei (GmbH & Co.) KG (“CPO Tankers”) has now been renamed ZEABORN Ship Management Tanker GmbH & Cie. KG (“ZEABORN Tankers”). The company is part of Bremen-based ZEABORN Group since June 2019 and has started trading under its new name with effect from November 4…
UK's technology innovation and research center Offshore Renewable Energy (ORE) Catapult has announced ambitious expansion plans in the Humber, including a commitment to open a base of operations in Grimsby and create 50 to 70 jobs in the region in the next 10 years…
Spanish-based engineering company Siemens Gamesa Renewable Energy (SGRE) closed the fiscal year ended September 30 with double-digit growth (+10.9%) in offshore unit due to new markets, mainly Taiwan, which contributed 1.5 GW in firm orders…
Ørsted, the largest energy company in Denmark, has secured nominal TWD 12 billion (USD 395m) through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. This transaction marks the first ever green TWD bond to be issued by a foreign corporate in Taiwan…
Huntington Ingalls Industries announced that the Society of Naval Architect and Marine Engineers (SNAME) awarded HII President and CEO Mike Petters the 2019 Vice Admiral Emory S. “Jerry” Land Medal. Petters received the Land Medal on Thursday during the Annual SNAME Banquet…
Danfoss Drives has named Ian Barrie as its new Head of Sales for the Americas. In this position, Barrie will continue to build and develop strong regional sales channels and verticals for Danfoss Drives’ business within North America and Latin America…
The Danish maritime service company VMS Group A/S expands into West Africa opening a workshop in Walvis Bay, Namibia. A favorable location combined with a rapidly growing offshore market and fishing fleet creates huge potential for a strong…
Thuraya has responded to strong demand from the maritime sector and distributors by launching the MarineStar, an affordable maritime voice solution with advanced two-way tracking and monitoring capabilities.Designed by the world’s most innovative provider of mobile satellite communications…
Roman Miroshnichenko has been appointed as Managing Director of Gazpromneft Marine Lubricants, the new operating company.Roman Miroshnichenko has more than 20 years of experience in the marine industry, and specifically in the field of marine lubricants…
Luxembourg-based maritime construction engineering company Jan De Nul announced its decision to opt for 100% renewable fuels.'Jan De Nul Group carries out dredging work in the Benelux with 100% renewable fuel. With this, the world player is…
The Kuok Group, through its investment vehicle Quetzal Capital, announced a voluntary conditional cash offer to buy out Singapore-listed PACC Offshore Services Holdings Ltd (POSH).Quetzal Capital said that the conditional offer to acquire all of POSH for S$0…
South Korea's top shipbuilding conglomerate Hyundai Heavy Industries (HHI) Group said that its holding company HHI Holdings Co will receive 1.4 trillion won ($1.24 billion) in proceeds next month from the sale of a stake in its refining unit…
On Saturday, November 2nd, the Massachusetts Port Authority (Massport) received two new rubber-tired gantries (RTGs), increasing the number of RTGs at the Paul W. Conley Container Terminal to 16. Adding equipment is part of an $850 million investment…
