Foster Wheeler to Supply Heat Recovery Steam Generator In Mexico
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has been awarded a contract by Iberdrola, for the design and supply of…
EMGS - Settlement of the Convertible Bond Loan to North Energy
Divestment fully in line with ABB’s commitment to continuous portfolio optimization. ABB has divested five businesses with limited synergies in the past 11 months raising about $1 billion.
Chariot Agrees Brazil Farm Out with AziLat
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, announced that its wholly owned subsidiary, Chariot Brasil Petróleo e Gás Ltda.…
Hiab to Present Sustainable Technology Load Handling at Elmia Lastbil Fair
Hiab, part of Cargotec, will showcase its latest sustainable technology of load handling at the Elmia Lastbil fair in Sweden. The presented products include a new…
Standard Chartered Private Equity invests $ 75 mi in Topaz
Topaz Energy and Marine (“Topaz”), a leading offshore support vessel company with primary operations in the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of Mexico…
Two-way Route in the Great Barrier Reef and Torres Strait
The IMO-adopted ship routeing measure to enhance the safety and efficiency of navigation and protect the region’s sensitive marine environment will come into effect at 0000 UTC on 1st December 2014.
Lloyd’s Register's New, Consolidated, Rules for Offshore Units
Lloyd’s Register has launched its new Rules for Offshore Units in one single document following an in-depth consultation with industry. It signals a move by the…
Maersk Drilling Q2 2014 Profit Dips
Maersk Drilling informs that in Q2 2014 it delivered a profit (NOPAT) of USD 117-m (USD 150-m). While the underlying operational performance remained strong with an operational uptime of 97% (96%)…
Prosafe Q2 Earnings Below Expectations
Offshore accommodation rig provider Prosafe reported second-quarter earnings below expectations on Thursday and said that its short-term market outlook is weaker…
'Double Jeopardy – Trial by Media, Trial by Law' London Opening
BIMCO notes that the highly acclaimed "Double Jeopardy - trial by media, trial by law" first showcased at the BIMCO AGM in Dubai earlier this year is to be brought…
Week's Ocean-Going Shipbuilding Orders Sparse
COSCO Zhoushan have announced a contract for two 64,000 dwt Ultramax with deliveries in the fourth quarter of 2016 and the first quarter of 2017 respectively. It…
LNG Carriers GasLog Financial Results Q2 2014
GasLog Ltd. Completion of the initial public offering (“IPO”) of GasLog Partners LP (“GasLog Partners” or the “Partnership”) on May 12, 2014, raising gross proceeds of approximately $203 million.
DSME Gets UK Shipyard Consulting Contract
S. Korea's DSME says it is to provide naval vessel production and management consulting services for British defense company BAE. Under the terms of the agreement…
Northrop Grumman Awarded Navy IT Contract
Grumman Corporation informs it has been selected by the US Navy as one of five contractors for the Consolidated Afloat Networks and Enterprise Services (CANES) full…
High Bids in Western GofM Lease Sale
U.S. Government agency BOEM informs that Western Gulf of Mexico Lease Sale 238 attracted US$109,951,644 million in high bids for 81 tracts covering 433,823 acres on the U.S.
RN Diving Expert Chris Baldwin Joins IMCA
The International Marine Contractors Association (IMCA) Secretariat says that Chris Baldwin has joined its team as a Technical Adviser following a short secondment from the Royal Navy.
CMA CGM Chairman Visits Bow-Refitted Containership
During the recent call in Beirut, Lebanon, of the 'CMA CGM Columba', Mr. Jacques R. Saadé, CMA CGM Group's Chairman and Chief Executive Officer, visited the 11,400 TEU ship.
UK's Condor Buys Austal 102 Fast Ferry
Condor Ferries says it has completed purchase of the Austal 102, a state-of -the-art high speed ferry which will operate between the Channel Islands and the UK.
Clarksons Appoint New Prospective Chairman
Leading shipping services group, Clarkson PLC, says that James Hughes-Hallett will join the Board as a Non-Executive Director with immediate effect and will take…
Houston Ship Channel Man Overboard Swims to Island
The U.S. Coast Guard informs of the rescue of a 62-year-old man who was stranded on Atkinson Island, after he fell off his boat in the Houston Ship Channel near Sylvan Beach and swam to the island.
