New technologies allow industry to comply with emission standards, reduce costs The U.S. Environmental Protection Agency (EPA) and U.S. Coast Guard (USCG) authorized formal exemptions by Royal Caribbean Cruise Lines that allow for the enlargement…
BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) today signed a new production sharing agreement (PSA) to jointly explore for and develop potential prospects in the shallow water area around the Absheron Peninsula in the Azerbaijan sector of the Caspian Sea…
Aker Solutions employees bought shares for about NOK 95 million as part of annual programs for staff and managers.The company for the sixth consecutive year held share purchase programs to encourage employee ownership. A total of 2,332 employees…
ARENA’s Research and Development (R&D) program supports R&D projects that will advance the commercial deployment of renewable energy technology in Australia.ARENA is providing $21.5 million funding for 12 cutting edge projects through the first round of the R&D program…
In another major milestone for the Panama Canal Expansion Program, the electromechanical installation phase, one of the most important of the project, has begun with the installation of the first steel rolling gate at the Atlantic side. “This year…
Northrop Grumman Corporation has appointed Brian Kim as chief executive for South Korea, effective Feb. 2, 2015. In this new position, he will be responsible for coordinating the corporation's relationship with South Korea, supporting current programs and developing strategies for growth…
Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland. Wärtsilä will commence construction on the site near the port of Tornio in January 2015…
Lowrance®, a world-leading brand in fishing electronics since 1957— announced today the renewal of its Insight Genesis™ College Cup. In its second year, the 2015 College Cup kicks off January 1st and continuesthrough December 31, 2015.Anglers…
Nordic Yards officially handed over the offshore service vessel to the Danish company DBB Jack-Up Services A/S. During the handover ceremony, the ship was named ‘WIND SERVER’.“We are proud that with this innovative offshore vessel for…
Gatto Industrial Platers, Inc. has launched its new Large Parts Zinc Electroplating Line, capable of plating parts up to 27 feet long and weighing up to 8,000 pounds. The new line’s tanks are 4 feet wide, 7.5 feet deep and 27 feet long, and…
Positions Battelle, Bluefin Robotics and SeeByte to offer market-driven innovation to government and commercial customers Battelle’s maritime technologies range will now be housed under one leadership structure lead by Rear Admiral Fred Byus…
General Dynamics NASSCO started construction of another ship in its commercial shipbuilding backlog, starting construction of a second “ECO” tanker to be built for American Petroleum Tankers at a steel cutting ceremony in its San Diego shipyard…
Mermaid has secured a 2-year contract for its dive support vessel, ‘Mermaid Commander’, to provide subsea construction support in the Gulf of Thailand for a repeat international fabrication and installation contractor whose end customer is a major international upstream oil and gas operator…
The Meyer Werft Germany, Meyer Turku, STX France, and Fincantieri shipyards have all placed orders with Wärtsilä for the supply of fresh water generators to a total of seven cruise ships. The orders were placed between September and November 2014…
Vard Holdings Limited (“VARD”) has secured a contract for the design and construction of one Offshore Subsea Construction Vessel (“OSCV”) for Farstad Shipping (“Farstad”).The vessel will be of VARD 3 17 design, with a total length of 98 meters and a beam of 21…
