Standard Drilling Sells PSV
Cyprus-based company active in the oil and gas industry S.D Standard Drilling signed Memorandum of Agreement (MoA) to sell one large Norwegian built Platform Supply Vessel (PSV)…
SHI, SKT Trial Autonomous Ship Using 5G
South Korean shipbuilder Samsung Heavy Industries (SHI) and compatriot telecommunications operator SK Telecom (SKT) have developed a 5G-based autonomous navigation…
ABS, DSME to Develop Next Gen VLCC, ULCS
ABS, a global provider of classification and technical advisory services, and Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) have signed a joint development…
AYOP Appoints New Director
Amsterdam IJmuiden Offshore Ports (AYOP), a networking organization, has appointed Sylvia Boer as director effective from 1 February 2020. In this new position within…
SGRE Raises $1.6Bln in ‘Green’ Credit
Siemens Gamesa Renewable Energy (SGRE) has announced that, in less than a year, it has accumulated €1.48 billion ($1.6Bln) in green guarantee lines.The turbine maker…
Equinor Acquires 50% Stake in Polish OWP
The Norwegian oil and gas major Equinor ASA said it has completed the purchase of a 50% stake in the Baltyk I offshore wind project (OWP) in Poland from Polenergia.The…
WFW Advises Ridgebury, Tufton on Suezmax Acquisition
Watson Farley & Williams, international law firm based in London, advised Ridgebury Tankers and Tufton Oceanic on the acquisition of two Suezmax tankers in a 50%…
National Geographic Endurance Floats Out
Lindblad Expeditions Holdings, a global player in expedition cruises and adventure travel experiences, has celebrated the float out of National Geographic Endurance in Ulstein Verft…
SBM Extends CSV Normand Installer
Solstad Offshore announced that SBM Offshore has extended the charter for the construction support vessel (CSV) Normand Installer from an original 105 days commitment (reported August 2018) to a 1-year contract from January 2020, in direct continuation with present contract.The 123.6-meter vessel is jointly owned by SBM and Solstad Offshore and has been on a contract to SBM since delivery from the Ulstein Verft shipyard in 2006.
Artemis, Tuco Marine Sign Joint Venture
Artemis Technologies has announced a joint venture with Denmark’s Tuco Marine Group to produce the world’s first zero emissions workboat.Artemis Technologies will…
EMS Offshore Chooses Damen Shoalbuster 271
Damen Shipyards Group has won an order from maritime services company EMS Offshore Service GmbH & Co. KG for a Shoalbuster 2711. The 2711 is the latest addition to the Shoalbuster range, having made its debut in June this year.The new Shoalbuster 2711 design changes will enable it to comply with new MLC regulations stipulating additional accommodation capacity. By increasing the width of the existing Shoalbuster 2709 by two meters…
Coast Guard Ends Search for Crashed Helicopter
The mission to locate two people missing from a helicopter that crashed in the Gulf of Mexico has been called off, the US Coast Guard said on Monday evening.Air and boat crews were unable to find the downed aircraft and passengers after scouring more than 4,117 square-nautical miles over the course of approximately 68 hours, the Coast Guard said“We searched diligently with our pilots, boat crews and cutter crews but were unable to find the two men aboard the helicopter,” said Lt. Cmdr.
Mexico: U.S. and Canada to Sign USMCA Trade Deal
Canadian and U.S. government representatives will arrive in Mexico on Tuesday to sign the United States-Mexico-Canada Agreement (USMCA), Mexico's President Andres Manuel Lopez Obrador said.The three countries have come to an agreement over labor, steel and aluminum, he said at his regular daily news conference. (Reporting by Daina Beth Solomon and Abraham Gonzalez, Editing by Frank Jack Daniel)
INSIGHTS: Sean Fernstrum, President, R.W. Fernstrum
This month, listen in as Sean Fernstrum weighs in on how his firm arrived at its enviable market position, what comes next, and why.Sean Fernstrum is a third-generation owner of R.W Fernstrum & Company. He graduated from Michigan Technological University in 1990 with a Bachelor of Science degree in Scientific and Technical Communications. After college, he came home to Menominee, Michigan and began working as a Technical Writer at R.W. Fernstrum & Company.
New Formed Advanced Systems Group Appoints Dibkey
Brunswick Corporation today announced the formation of its Advanced Systems Group and appointed Brett Dibkey President – Advanced Systems Group. The new appointment is effective on January 1, 2020. The Advanced Systems Group consists of the 11 leading Power Products brands from the acquisition completed in August of 2018 in addition to the Attwood Group of businesses with its industry-leading brands…
Pella Sietas Wins $111M Icebreaker Deal
Pella Sietas, a shipbuilding company in Neuenfelde, Hamburg, has secured a EUR100 million ($111Mln) order from Russian authorities for a new icebreaker described…
Ørsted Announces STEM Skills Fund
Denmark's offshore wind giant Ørsted A/S has unveiled more than £50k for Science, Technology, Engineering and Maths (STEM) skills across Lancashire and Cumbria.The…
Rotterdam Port Promotes VLSFO
Europe’s largest bunker port Rotterdam said that the new low-sulfur bunker oil VLSFO (Very Low Sulfur Fuel Oil with a maximum 0.5% sulfur) has become extremely popular…
First Subsea CPS for WindFloat
UK's developer and supplier of connectors, First Subsea has delivered a beach landing Cable Protection System for the export cables on the 25MW WindFloat Atlantic project…
BW LPG's CEO Martin Ackermann Resigns
BW LPG Limited, owner and operator of LPG vessels, said that Martin Ackermann has decided to step down as CEO at the end of this year for family reasons, after…
