People & Company News

Euronav Posts 62% Core Profit Increase

Belgian crude oil shipping group Euronav on Wednesday unveiled a 62 percent rise in first-quarter core profit as daily rates for its fleet rebounded from last year.

Total sees Russia as biggest source of its oil output by 2020

France's Total expects the biggest share of its oil and gas output to come from Russia by 2020 and plans to stay there for the long haul despite recent tensions with the West over Ukraine,

Triton Imaging, Applied Acoustics Ink OEM Agreement

Triton Imaging, Inc. and Applied Acoustic Engineering Ltd. announced that they have signed an OEM agreement under which Applied Acoustics will offer Triton ISIS

AUVSI to Hold Unmanned Systems and Robotics Exposition

The Association for Unmanned Vehicle Systems International (AUVSI) will host Unmanned Systems 2014 conference and trade show from May 12-15 in the Orange County Convention Center, Orlando, Fla.

Modern Solutions Power Systems Conference

Thomas Alva Edison, who is considered to be one of the most prolific inventors in history, once said, “I find out what the world needs. Then I go ahead and try to invent it.

Weber to Leave Hapag-Lloyd Board

Dr. Jürgen Weber to hand over the chair of the Supervisory Board to Michael Behrendt in autumn. Three important tasks fulfilled / Handover to complete merger

MSI Develops LNG Bunkering Safety Training

The Maritime Simulation Institute in Middletown, Rhode Island is developing a liquefied natural gas (LNG) bunkering safety training course. The first session, which is expected to begin in June,

Cool Runnings: R.W. Fernstrum's Engineered Solutions

A hallmark of the global maritime industry is the proliferation of smaller, family founded and managed businesses. R.W. Fernstrum is one such company: a ubiquitous

New Malaysian Offshore Gas Pipeline Safely Tested

T.D. Williamson (TDW) announced that as the result of a pressure isolation carried out on a major export gas pipeline offshore Malaysia, the pipeline was safely

CNR: Innovation Maintains US Naval Advantages

An interview with Rear Adm. Matt Klunder, U.S. Navy Chief of Naval Research What are your near term, mid-term and long term science and technology (S&T) objectives?    

IFB Director to Speak at Mersey Maritime Face-to-Face Event

As the countdown to the International Festival for Business (IFB) in Liverpool begins, IFB Director Ian McCarthy will join Mersey Maritime at its May Face-to-Face Event.

Greencarrier Meges Organizations in Norway

Greencarrier AB, which until now has operated as two separate organizations in Norway for its freight forwarding and logistics activities, has decided to merge them as one entity.

Unique Technologies Improve Port Security

Practical results from the SUPPORT (Security UPgrade for PORTS) project, coordinated by BMT Group Ltd. and part-funded by the European Commission’s FP7 Security

CMM Takes Delivery of Damen PSV for Brazil

New supplier CMM Gravity to start on long-term contract with Petrobras. CMM has taken delivery of a Damen Platform Supply Vessel 3300. The 80-meter, 3,300t deadweight

FlexTech Signs Deal with Ocean Installer

Flexible pipe specialist FlexTech has signed a contract for flexible pipe installation with Ocean Installer in a £500,000 deal. Aberdeen-based FlexTech will

Major Oil Explorer Buys Hess Thailand

 PTT Exploration and Production Pcl (PTTEP), Thailand's top oil and gas explorer, has bought Hess Corp's assets in Thailand in a deal worth $1 billion as part of its attempt to boost its gas business,

Aker Joins Baker Hughes in Subsea Production Alliance

From Oslo, Norway, and Houston, Texas,  respectively Aker Solutions ASA and Baker Hughes Incorporated inform they have agreed to form an alliance to develop technology

Lost WWll American LSTs Discovered on England South Coast

An underwater mission off the coast of South Devon, England has surveyed two U.S. Landing Ship Tanks (LSTs) that were torpedoed and sunk during the D-Day rehearsal Exercise Tiger on April 28,

Wireless Navigation Chart Update System by Furuno

Automatic chart update system “Gate-1” provides over the air chart updates with no need of USB memory sticks or DVD disk burning, says Furuno. Furuno explain

Ship as Lifeboat Concept Disputed by ICV

A recent meeting at the National Transportation Safety Board in Washington, D.C. (attended by International Cruise Victims (ICV) Board representatives) discussed

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