Norway Rejects Prosafe-Floatel Merger
The Norwegian Competition Authority has rejected the proposed merger between Scandinavian offshore accommodation/construction support providers Prosafe and Floatel.Oslo…
Orca-1 is Largest Gas Discovery of the Year
On 28 October 2019 oil giant BP announced a major gas discovery, Orca-1, exploration well in the BirAllah area off the coast of Mauritania.“The deepest and largest discovery so far this year…
HHI Q3 Profit Down 38.3%
South Korea’s Hyundai Heavy Industries Group said that its its consolidated operating income shrink 38.3% to 219.6 billion won ($187.7 million) in the July-September…
Milaha's 9-months Net Profit Up 5%
Qatar Navigation (Milaha) reported a 5% year-on-year increase in net profit to QR419mn in the first nine months of this year on account of the earnings expansion…
Tarmac, Forth Ports Team-up for Tilbury2
British building materials company Tarmac has partnered with London’s fastest growing port, the Port of Tilbury, to create the UK’s largest construction materials aggregates terminal at Tilbury2…
Macquarie Doubles Gwynt y Môr Stake
Macquarie Infrastructure and Real Assets (MIRA) has agreed to lift its shareholding in the 576-MW Gwynt y Mor offshore wind farm in the UK by purchasing an additional…
Panama to Modernize Greek Ship Registry
A delegation of the Panama Maritime Authority (AMP) led by Panama’s Minister of Maritime Affairs and Administrator of the Panama Maritime Authority Noriel Arauz…
Eni-led Group to Build Wave Power Stations
Italian oil group Eni is joining forces with shipbuilder Fincantieri, power grid group Terna and state lender Cassa Depositi e Prestiti (CDP) to develop wave power stations.The agreement…
WMO-IMO Addresses Extreme Maritime Weather
World Meteorological Organization (WMO) and and the International Maritime Organization (IMO) held the first joint symposium on extreme maritime weather: Towards…
Den Helder to Repair Stad Amsterdam
Damen Shipyards Den Helder is preparing Clipper vessel to undertake world tour promotion of UN Sustainable Development Goals.On 28th October, the iconic Clipper…
Mitsui, Sempra Energy Sign LNG Deal
North American energy infrastructure company Sempra Energy and Japanese trader Mitsui & Co. have entered into a memorandum of understanding (MOU) under which the…
Shipping Directly Employs Over 640,000 at Sea
Shipping directly employs over 640,000 workers at sea and on shore, and supports over 1.4 million workers through indirect and induced employment, said European…
Ocean Cleanup Expands to Rivers
The Dutch non-profit The Ocean Cleanup has just announced a new device to catch plastic before if flows into the ocean.The organization that develops advanced technologies…
Tallink Grupp Names New Vessel MySTAR
Estonian shipping company Tallink Grupp announced that the name of the new Tallinn-Helsinki route shuttle vessel MySTAR.The new dual-fuel vessel will be built at…
UN Secretary-General on Beating Climate Change
Beating climate change and achieving the targets set in the United Nations Sustainable Development Agenda are the two defining challenges of our time, according…
UN to Combat IUU Fishing
A Joint Working Group (JWG) of three UN agencies – the International Maritime Organization (IMO), the Food and Agriculture Organization (FAO) and the International…
Aalund Named International Propeller Club's President
Niels Aalund was elected at the 93rd International Convention and Conference in New Orleans on October 17th.New Orleans, LA: Prominent maritime industry stakeholder Niels Aalund has been elected President of the International Propeller Club. Mr. Aalund will serve a two-year term, commencing from October 17th. Aalund, a well-known maritime subject matter expert and executive, currently serves as an Officer and as Senior Vice-President of the West Gulf Maritime Association (WGMA).
WAGO Names New PR Coordinator
WAGO announced Barry Nelson is the newest addition to its Marketing Communications team. Nelson will take the reins as the company’s public relations coordinator overseeing publicity, editorial content, social media and other written material.Nelson received his bachelor’s degree in communications from the University of Wisconsin Oshkosh with an emphasis on radio/TV/film. He brings to the role a background in media…
West Africa Crude-Freight Rates Ease
Freight rates to Europe and Asia have continued to ease, albeit at a less rapid rate than during the middle of the month, boosting price offerings for West African grades, traders said on Monday. Rates for VLCCs from Nigeria's Bonny Light terminal to Singapore settled at $3.25 a barrel on Friday from highs just below $10 two weeks earlier, according to Refinitiv data, while for Rotterdam they eased…
Migrant Rescue Ship Seaks EU Help
An NGO which runs the Mediterranean rescue ship Ocean Viking, with 104 migrants onboard, called on European authorities on Monday to designate a safe disembarkation…
