A majority of senior oil and gas professionals (56%) believe that the industry is repeating the mistakes of previous downturns and have concerns over the loss of jobs and experience and lack of efficiency, according to a new report published today by DNV GL…
Keppel plans to consolidate its interests in business trust, REIT and fund management under Keppel Capital and grow its asset management business.In a major restructuring exercise to grow the contribution from its Investment Division, Keppel…
This past summer, multiple outbound vessels from a non-U.S. port suddenly lost GPS signal reception. The net effect was various alarms and a loss of GPS input to the ship's surface search radar, gyro units and Electronic Chart Display & Information System (ECDIS)…
The new CEO of Transas, Frank Coles, has vocalized his vision for the future of the global maritime technology for the first time since his appointment in late 2015. The Transas CEO has his sights set on the company delivering the technology…
SeeByte founding member, Professor David Lane, has been appointed Commander of the Order of the British Empire (CBE) for services to Engineering in the 2016 New Year’s Honors list. Lane is Professor of Autonomous Systems Engineering at Heriot…
When discussing the Navy’s top science and technology (S&T) priorities with military, government and industry leaders, Chief of Naval Research Rear Adm. Mat Winter reflected on his college days at the University of Notre Dame.“When I graduated from Notre Dame 30 years ago…
BIMCO has now launched a new standard contract for ship managers to provide supervision services for shipbuilding and conversion projects. The contract, code named SUPERMAN, is a valuable new addition to BIMCO's existing suite of ship management agreements…
International engineering and project management consultancy Royal HaskoningDHV has announced a simplified organisation and management structure. As of 1 January 2016 the company has consolidated its activities into four Business Lines and four regions…
Wartsila India, the Indian arm of Finland-based Wartsila Corporation, has signed a Memorandum of Understanding (MoU) with Cochin Shipyard Ltd (CSL) for setting up a containerised self-sufficient workshop. As per the MOU, Wartsila plans…
A new safety initiative at the world’s largest proprietary container terminal, APM Terminals Pier 400 Los Angeles, has resulted in the implementation of revised yard layout and procedures to enhance the safety of the 2,000 to 3,000 Over-the…
The Australian Renewable Energy Agency (ARENA) is providing $181,000 funding to support Bombora Wave Power (Bombora) to complete a detailed cost of energy study for its Wave Energy Convertor (WEC).Bombora’s WEC design uses a responsive…
NOIA President Randall Luthi issued the following statement following President Obama’s 2016 State of the Union Address: 'The President missed a golden opportunity to promote a broad-based energy policy consisting of both traditional and non-traditional sources of energy…
TSG IT Advanced Systems Ltd., a subsidiary of Ness Group that specializes in defense, cyber security, telecom and HLS solutions, announced it has deployed a real-time maritime intelligence solution to a Southeast Asian customer. The 2C system…
Conductor Installation Services Ltd (CIS), an Acteon company that provides hammer services to install conductors and drive piles, announced that it has completed its second conductor installation operation during the last 12 months for a North Sea oil and gas operator…
A complete package of training materials on IMO’s energy efficiency requirements is now available to download free of charge from the IMO website. The package, including presentations, posters, exercises and assignments, will be of interest…
