Hydro Group Shortlisted for Made in Scotland Awards
Aberdeen-headquarted, Hydro Group plc is recognised as a finalist at the 2016 Made in Scotland Awards for the categories Manufacturer of the Year and Exporter of the Year.
DNV GL Wins Johan Sverdrup Verification Deal
Johan Sverdrup is by far the largest ongoing project on the Norwegian Continental Shelf for the next few years. Statoil has awarded contracts to DNV GL for verification of all 4 topsides…
Seagull Launches Ex, El Safety Training
Seagull Oil & Gas has launched the most cost efficient and comprehensive e-learning training package in the industry for offshore personnel working in explosive atmospheres.
Boskalis Completes Acquisition of STRABAG Wasserbau
Royal Boskalis Westminster N.V. (Boskalis) has concluded the acquisition of the dredging activities and assets of STRABAG Wasserbau GmbH. The transaction price of…
Japanese War Subs Dock in the Philippines
Two Japanese destroyers and a submarine have arrived to the major Philippine port of Subic, , the first in 15 years, to uphold “peace and stability” in the region, the Philippine Navy have said.
LNG Names New MD
Australia's Liquefied Natural Gas Limited (LNGL) has appointed Chevron executive Greg Vesey to replace company founder Maurice Brand as managing director and chief executive.
Primorsk Shelves Restructuring Plans
Russian tanker player Primorsk International Shipping has dropped its restructuring plans in favour of pushing through asset sales, reports WSJ. This is what Primorsk's…
Bahri Secures Finance for 5 VLCC Newbuilds
The National Shipping Company of Saudi Arabia (Bahri) has inked a Murabaha Facility Agreement with Riyad Bank over the weekend to fund an order for five very large…
Scorpio Cancels Kamsarmax Newbuilding Contract
Scorpio Bulkers has continued to cull its fleet expansion with the cancellation of a newbuilding contract for a kamsarmax bulk carrier. US-listed bulker owner set…
Vietnam Seizes Chinese Fuel Ship
Vietnam's coast guard has seized a Chinese vessel for intruding into its territorial waters, say local media. The ship, carrying more than 100,000 litres of fuel…
Israel Extends Maritime Space for Gaza Fishermen
Israel has extended the distance it permits Gaza fishermen to head out to sea along certain parts of the coastline of the enclave, which is run by the Islamist terror group Hamas, reports Reuters.
Bahri Secures Loan for Five VLCCs
National Shipping Company of Saudi Arabia said on Sunday it had signed a murabaha facility with Riyad Bank valued at 1.425 billion riyals ($380 million) to finance…
Iran Seeks $2.5B to Modernize its Oil Tankers
Iran is seeking $2.5 billion investment to modernise its oil tankers fleet following the lifting of sanctions against Tehran, managing director of National Iranian…
Fincantieri Bags 5 Cruise Ships Order from Carnival
Following on a March 2015 agreement and a memorandum of agreement last December, Fincantieri, a leader in cruise ship design and construction, and Carnival Corporation & plc…
Holland America Line Celebrates Official Handover of 'Koningsdam'
Holland America Line celebrated the delivery of ms Koningsdam with an official Handover Ceremony, luncheon and shipyard workers party aboard the ship Saturday, April 2…
Godrej Conferred AILBIEA's Lifetime achievement Award
Nadir B. Godrej, MD of Godrej Industries Ltd., was conferred the Lifetime Achievement Award by the All India Liquid Bulk Importers and Exporters Association (AILBIEA)…
China Braces for "Severe" Flooding on Yangtze River
Severe floods are expected on China's Yangtze River this year due to a strong El Nino weather pattern, state media said, raising the risk of deaths and damage to…
Schlumberger, Cameron Merger Complete
Schlumberger Limited (NYSE:SLB) announced today that it has closed its merger with Cameron International Corporation. As previously announced, each Cameron stockholder…
G E Shipping Acquires Product Tanker
The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a Newbuilding Medium Range Product Tanker “Jag Punit” of about 49,700 dwt. The company had…
UNCTAD Launches Novel Maritime Country Profiles
A maritime country profile provides a basic snapshot of a country's situation regarding maritime transport and international trade, facilitating convenient cross-country comparisons.
