BW Offshore Suspends Dividend
BW Offshore, a builder and operator of ships that can produce and store oil offshore, suspended its dividend until outlook for the oil sector improved, it said on Monday.
Statoil Sees Unchanged 2016 Foreign Development
Oil major Statoil's activity level outside its Norwegian home base will be largely unchanged in 2016 compared to 2015, the company said on Monday. "For us, it will be more or less flat…
Wärtsilä Propulsion for Antarctic Icebreaker
A new Polar Logistics Vessel being built for Terre Australes et Antarctiques Françaises (TAAF) and the French Polar Institute (IPEV), and which will be operated by the French Navy…
Largest Underwater CO2 Release from Pipeline - DNV GL
Carbon capture, utilisation and storage (CCUS) is gaining momentum to meet stringent climate change goals and secure energy supplies for the future. To fully understand…
APM Terminals Opens Aqaba Logistics Village Expansion
APM Terminals, with local Jordanian partner Kawar Group, officially opened the expanded Aqaba Logistics Village (ALV) on November 12th, with a formal ceremony attended…
VIKING, PVA Join Forces for New USCG Safety Compliancy
Coastal vessel operators trying to come to terms with upgraded US Coast Guard regulations for survival craft have been helped along the way by VIKING at the annual…
CMA CGM Outperforms, Nets $51 mln 3Q Profit
In third-quarter 2015, CMA CGM once again outperformed the market average in an industry shaped by a sharp fall in freight rates and overcapacity in certain markets.
BEST Sets STS Crane Record
On October 27, Barcelona Europe South Terminal (BEST) achieved another milestone for the Port of Barcelona. BEST serviced the MSC Livorno, a 14,000 TEU vessel with 8 ship-to-shore (STS) gantry cranes…
P&O Maritime Rebranded Repasa
P&O Maritime has announced the rebranding of its joint venture company Repasa, the Spanish operator of offshore support vessels for the energy industry. P&O Repasa…
Wärtsilä Design & Propulsion Machinery for Pelagic Trawler
A new pelagic fishing trawler ordered by Scottish owner Mewstead LLP will be built according to a Wärtsilä design and will feature a broad scope of Wärtsilä propulsion machinery.
Philippines Warns China: World is Watching You
China came under renewed criticism over its rising profile in the South China Sea at Asia-Pacific summit when Philippines President Benigno Aquino III warned China that “the world is watching” you…
CMA CGM to Acquire Neptune Orient
France’s CMA CGM SA is in exclusive talks to buy Singapore’s Neptune Orient Lines Ltd (NOL), the shipping company and its Singapore’s Temasek Holdings Ltd., its largest shareholder, said.
Malaysia Detains 3 Vessels Over Illegal Oil Transfer
Three oil tanker ships were detained by the Malaysian Maritime Enforcement Agency (MMEA) off the waters of Pengerang for illegal ship-to-ship transfer of marine fuel oil (MFO) near Pengerang.
Monadelphous Bags Shell FLNG Contract
The engineering group Monadelphous has won a $200 million Shell Australia contract on its Prelude floating LNG project off the Kimberley coast. The contract is for major…
Hunt for Russian Submarine near Scotland
The British, French and Canadians are searching the seas off Scotland for a Russian submarine detected off the northern coast 10 days ago, reports the Australian.
Honeywell to Automate Finland's First LNG Terminal
Honeywell has announced that it has received a contract to supply its Experion Process Knowledge System (PKS) automation controls and tank gauging systems for Finland’s first LNG import terminal.
LNG Port in Poland Opened
The Świnoujscie LNG terminal in northern Poland is ready to receive its first shipment of gas, with a tanker leaving Qatar on its way to Poland. The tanker carrying…
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