The Market - Global Floating Production Capex to Double.Douglas-Westwood (DW) forecast that between 2013 and 2017 $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. This growth…
The International Shipping Strategic Development Forum met in Shanghai for wide-ranging discusion on the shipping industry.With high profile support from the Lord Mayor of London David Wooton who opened the forum, the event was attended…
All Asian shippers wil have to pay higher freight charges to European container ship operators from September 2012.From September 1, Denmark-based Maersk, the world's largest container line, will implement a general freight increase of 250 U…
Asia-bound fuel-oil cargoes from Western countries in August rise to 3.44-million tonsFuel-oil shipments to Asia from Western countries for August delivery rose from a week earlier to 3.44 million metric tons, according to vessel-charter data and information from traders compiled by Bloomberg…
More than $335 billion worth of expenditure is expected over the next five years on offshore oil & gas operations & maintenance (O&M), according to a new report, The World Offshore Operations & Maintenance Market Forecast 2012-2016, by Douglas-Westwood (DW)…
VSTEP delivers crane simulator for EMO, the largest transshipment terminal for coal and iron ore in Western Europe.For EMO, the largest transshipment terminal for coal and iron ore in Western Europe, VSTEP created a crane simulator for preparation…
New Regional Director Sytze Voulon appointed for Imtech Marine North West Europe.As per February 20, 2012 Imtech Marine has appointed Mr. Sytze Voulon to the position of Regional Director North West Europe (Rotterdam). Mr. Voulon (47) has…
World’s first LNG-fuelled tanker newbuilding delivered to Deen Shipping by Rotterdam's Shipyard Trico to Lloyd’s Register class. Chemical tanker MT Argonon to emit less Sox, Nox and particulates across Europe's inland waterways. The world's…
RBG, the leading provider of assess, inspect and repair (AIR) services to the global energy industry that was recently acquired by Stork Technical Services (STS), has appointed Sandeep Sharma as its new finance director.Mr Sharma is responsible for leading RBG’s global financial management…
Sixteen –year veteran, George Morrison has been appointed the Area Sales Manager for Western Europe replacing retiring Campbell Cunningham. According to Thordon’s Commercial Director, Jan Willem de Jong, George’s experience and energy will…
Latin America will account for half of the projected floating production Capex over the next five years according to a new Douglas-Westwood report. DW director Steve Robertson commented, “The dominance of this region is largely due to local…
Imtech N.V. (IM-AE, technical services provider in Europe and on the global marine market) announces that Her Royal Highness the Queen of the Netherlands has decided to grant Imtech N.V. the right to use the designation 'Royal'.This special Predicate is awarded today by Mr…
The new Douglas-Westwood LNG report forecasts five-year facilities Capex will exceed $93 billion. A bright future is forecast for the LNG industry, as growing long-term gas demand drives major investment in global LNG facilities. The World LNG Market Report 2011-2015…
Moffatt & Nichol announced that it has recently signed a contract with the Bulgarian Ports and Infrastructure Company for detailed design of two new container terminals at the Black Sea ports of Varna and Bourgas in the Republic of Bulgaria…
The first joint venture project between Cathelco and UMC International has been completed at the Yonderberry fuelling jetty at Torpoint in Plymouth.Earlier this year, the two companies created an alliance enabling the specialist diving services…
