Velesto Energy was awarded a RM 101 million (USD 25 million) contract from Sarawak Shell Bhd (SSB) and Sabah Shell Petroleum Company Ltd (SSPC) for the provision of jack up drilling rig services.Velesto Energy was formerly known as UMW Oil &…
Switzerland based Liebherr Group together with the Norwegian companies OHT, Ulstein Design & Solution BV, DNV-GL as well as Chinese shipyard CMHI are working to manufacture a unique vessel for applications in the wind energy sector, decommissioning…
French liquefied natural gas containment system specialist Gaztransport & Technigaz (GTT), on the back of liquefied natural gas (LNG) market growth, reported 12% growth in revenues linked to royalties for the first half of 2018.Growth in LNG…
Of the 220 ships broken in the second quarter of 2018, 169 were sold to be scrapped on the beaches of South Asia, says NGO Shipbreaking Platform.In the second quarter of 2018, American ship owners sold the most ships to the South Asian yards with 26 vessels beached…
TOTE Maritime Puerto Rico said it continues to invest in equipment to meet the needs of its customers as well as Puerto Rico as the island continues with recovery efforts following last year’s hurricane season.In the last few months, TOTE Maritime has secured more than 200 additional 53’ containers…
ABB will acquire Intrion, a privately owned company headquartered in Huizingen, close to Brussels, with approximately 120 employees and over a decade of experience in logistics automation solutions and services for the warehouse and distribution…
The international contractor of offshore deepwater drilling services Ocean Rig UDW has entered into a new drilling contract with Chariot Oil & Gas Limited for a one-well drilling program, for drilling offshore Namibia.The contract is expected…
Members of the Liebherr family, Executive Management and Newport News city officials gathered last Friday, July 20 for a groundbreaking ceremony on site in Copeland Industrial Park to celebrate the construction of the new Liebherr USA, Co. headquarters…
Unmanned systems are finding a growing number of applications in the maritime sector, and have the potential to make a significant contribution to safety and risk management, says the Allianz Global Corporate & Specialty's (AGCS) Safety and Shipping Review 2018…
Cepsa and Global Energy Private Limited (GPGEPL), part of UAE-based global conglomerate GP Global, have announced an exclusive partnership to manufacture and market Cepsa branded marine and power generation lubricants in India.As per the agreement…
ABS has announced it has issued the managed pressure drilling notation ABS MPD to Seadrill for the ABS-classed West Capricorn, a 6th generation ultra-deep water semi-submersible operating in the Gulf of Mexico.This notation demonstrates system…
Thailand-based subsea and offshore drilling services company Mermaid Maritime Public Company announced that its Middle East business unit has been awarded a subsea services contract in a GCC country with an initial contract value of USD 16 million…
Krishnapatnam Port Container Terminal (KPCT); a deep drafted container terminal on India's east coast, announced the commissioning of five new Electrical Rubber Tyred Gantry cranes (e-RTGC).Krishnapatnam Port Container Terminal is planning to…
W&O opened a new office in Singapore, signaling its expansion in the Asia Pacific region. The company said the move into Singapore is an important milestone in expanding the global support network for its customers, as it now has 18 branches and additional 5 distribution points…
Damen Marine Components Netherlands (DMC NL) has laid the first foundations for its new premises in Hardinxveld, the Netherlands. Construction of new buildings reflect growth potential following company merger. With capacity for approximately 80 people…
