Contracts

Wärtsilä to Supply Flexicycle Power Plant in Mexico

Wärtsilä has been awarded a contract to supply a Flexicycle power plant, consisting of seven 50SG gas engines and a combined cycle, to produce 139 MW of power for Energia del Caribe, S.

Transas to Supply TechSim Solutions to SUNY Maritime

The Navsim Services and Transas Americas Team, have been awarded contracts for supply of a combination of full mission, classroom and cloud based Transas Technical

FMT Options for another Towboat from Eastern

Eastern Shipbuilding Group, Inc. announce that Florida Marine Transporters, Inc. of Mandeville, La. exercised another additional 90’x32’x10’ “Canal Class” Inland

RCH Acquires Jenkins Hydraulic

Rio Controls & Hydraulics (RCH), a subsidiary of Rio Marine, based in Houston, Texas has acquired the assets of Jenkins Hydraulic, Inc. of Houston.  RCH currently offers steering,

Oil Rises Above $85 on Saudi Supply Cut, Strong Data

Saudi Arabia increases output but cuts market supply Europe and China manufacturing beat expectations OPEC members unable to agree on cut Brent

Wärtsilä Expects 5% Sales Growth

Wärtsilä announced its third quarter results, reporting that it sees good development in order intake and profitability. According to Wärtsilä, third quarter

Cloud Solutions: Transas TechSim for SUNY Maritime

 Transas to supply its TechSim cloud solutions to the State University of New York Maritime College   The Navsim Services and Transas Americas Team won contracts

U.S. Shipbuilding: ESG Nabs Two Z-Drive Tug Contracts

Eastern Shipbuilding (ESG) said that Suderman & Young Towing Company and Bay Houston Towing Company each exercised one additional Z-Drive Tug to be built at ESG.

Nordic Wins with Noble

  Nordic Maritime, a leading offshore service operator, today announced a five year time charter for its DP2 IMR Subsea vessel, Mokul Nordic, which has been awarded by Noble Energy,

PDVSA Charters Another Algerian Crude Cargo

Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker fixture data.

VT Halter Begins Building LNG-powered ConRo Ships for Crowley

VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has commenced construction on the first of two liquefied natural gas (LNG)-powered,

Demand for Subsea Vessels to Accelerate

Douglas-Westwood (DW) anticipates subsea vessel demand will experience accelerated growth in the coming years at a rate of 7% CAGR. In DW’s new World Subsea Vessel Operations Market Forecast,

Will You Make the Most of North Sea Decommissioning?

Recent reports indicate that the scale of opportunity arising from North Sea decommissioning is growing, with industry set to spend at least $56.16billion by 2040.

Saudi Aramco Gives Pipeline Contract to China's SEPCO

Saudi Aramco has contracted a Chinese group for a project to help expand the capacity of the main gas pipeline across Saudi Arabia, which dates back to the 1970s,

Futures Rise, Physical Quiet on Mild Weather

API2 2015 contract up 2 pct at $72.90/tonne Trade in physical coal markets quiet European thermal coal futures rose on Wednesday afternoon, tracking oil prices,

US Navy Orders Demonstration Craft from Willard Marine

Willard Marine, Inc. (WMI) announced it has been selected through a solicitation process to supply a demonstration model of a new, advanced combatant craft for the U.

Alu Design to Create Next Generation of Marine Chairs

There’s a new designer in the driving seat at Alu Design. Per Ivar Selvaag, the former Lead Designer at BMW Group and Chief Designer of Peugeot’s concept car division,

Germany: Prices in ETS Must Rise

Certificate prices in Europe's Emissions Trading Scheme (ETS) must rise in order for the system to be effective in fighting climate change, a senior German official said on Wednesday.

Poland Plays Hardball over Russian Gas

Poland said Russia failing to supply requested volumes, but Poland does not need the extra gas, storage almost full. When Poland last month accused Russian natural

Oil Above $86, Recovery Holds

U.S. crude stocks rise less than expected - API. Oil edged further above $86 a barrel on Wednesday after an industry report showed a smaller-than-expected rise in U.

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