As some pre-salt plays begin production, a wide range of subsea infrastructure is being built, with O&G transportation pipeline grids being one of the vital downstream systems. Saipem has been recipient of the first major contracts to install…
Drydocks World & Maritime World announced its participation in Careers UAE to highlight its employment potential, career opportunities and reputation as a preferred employer for local nationals. The exhibition is being organized under the patronage…
SSI and its representatives continue to engage with leaders of the shipbuilding and offshore industry to help increase productivity and solve business challenges.On April 23, Sincronia, SSI's representative for ShipConstructor software in Brazil…
Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering, Brazilian media reported on Friday. If the police probe leads to criminal charges against Batista…
Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector recovering from its worst downturn since the 1980s.Ship owners ordered large numbers of vessels between 2007 and 2009…
Lockheed Martin notifies that its first Liquefied Natural Gas (LNG) tank has transitioned from the assembly line to the shipyard for integration with the Wärtsilä LNG propulsion system, and it will be installed in Harvey Gulf’s LNG powered offshore…
Vigor Industrial has ballooned from a modest shipyard in Portland, Oregon, to the largest shipbuilder in the Pacific Northwest and Alaska.Vigor increasingly thinks big and builds big. The company’s new floating dry dock will be the largest in the United States…
His Excellency Khamis Juma Buamim, Chairman of Drydocks World & Maritime World has been invited to speak at the London Summit of Leaders, organized by the Europe Business Assembly from April 15-17, 2014 at the prestigious and historic premises of the British Institute of Directors in London…
Eike Batista, who was Brazil's richest man for most of the past decade, is under investigation for allegedly engaging in insider trading while he chaired his now-bankrupt oil-producing and shipbuilding firms, securities industry watchdog CVM said on Friday…
SSI USA Director of Operations Patrick Roberts recently had meetings with U.S. senators, congressmen and navy brass to discuss the upcoming Pentagon Department of Defense Budget as it relates to the U.S. Navy shipbuilding programs.It was…
A new pushboat used to push barges convoys along the Paraguay River will be powered by a Wärtsilä integrated propulsion solution. The vessel is being built at the 'Astillero la Barca del Pescador' (Shipyard SA) yard in Paraguay on behalf of Naviera Yeruti…
Vinalines, a major state-owned shipping firm, is scheduled to launch its initial public offering in the first quarter of 2015, according to the Transport Ministry, the Dau Tu newspaper reports. Vinalines has also sought the ministry's approval…
U.S. Navy Aims To Smooth Impact Of Fiscal 2015 Cut To Ship Orders Add to Collection(Oil)|PrintDownload:Plain TextXMLAll WASHINGTON, April 10 (Reuters) - The U.S. Navy hopes to smooth out the impact on Lockheed Martin Corp…
CLIMAX Portable Machining & Welding Systems, industry pioneer in the design and manufacture of portable on-site machining and welding tools, announced today it has hired Scott Kunkler as Vice President of Global Quality and Engineering. Kunkler joined the CLIMAX World Headquarters in Newberg…
Samsung Heavy Industries Co Ltd said on Wednesday it won a 1.34 trillion won ($1.27 billion) order to build two drillships for an unnamed firm based in or near Australia. The South Korean shipbuilder said in a regulatory filing the contract was expected to be completed by June 2017…
