Search results for: business portfolio

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  • 1 April 2014
    Business & Finance

    NYK has unveiled its new medium-term management plan, “More Than Shipping 2018 —Stage 2 leveraged by Creative Solutions—”, which runs from April 2014 for 5 years. The new medium-term management plan adheres “More Than Shipping 2013” as a basic strategy, and the theme of the plan is “Differentiation from competitors by NYK group’s creative solutions”. […]

  • 9 May 2013
    Business & Finance, Equipment

    GE continues to expand its technology portfolio to address the challenges of offshore drilling and production and the rigors of deepwater drilling. Several GE business units are showcasing their latest products and services for the offshore sector in Booth 3163 at the 2013 Offshore Technology Conference (OTC), which is expected to draw nearly 90,000 attendees. […]

  • 29 August 2017

    Oil and gas companies are actively seeking to rebalance business portfolios and reorganize for the future, according to DNV GL research on the outlook for the industry this year.

  • 26 November 2009

    Korea undoubtedly is the world’s top shipbuilding nation, with seven local shipyards ranked among the world’s top 10, including the first three spots. The Korean companies, faced with financial crisis touched off by the collapse of Lehman Brothers last fall, are now diversifying their business portfolios, as the global shipbuilding market is expected to remain […]

  • 24 August 2012
    Business & Finance

    On Saturday August 18, 2012, the Greater Houston Port Bureau honored Jerry Nagel, chairman of the board of Rickmers-Linie (America), as the 2012 Maritime Person of the Year. Three speakers shared their experiences with Jerry Nagel throughout the years. Gerhard Janssen, Director Marketing & Sales at Rickmers-Linie was one of these speakers and said in […]

  • 1 April 2014

    Japan’s Nippon Yusen Kaisha (NYK), one of the largest shipping companies in the world, said it aims to invest JPY530bn (approximately $5.13bn) in LNG and the offshore business over the next five years. NYK said in the company’s new medium-term management plan that it “realizes strong business portfolio against changing market conditions by utilizing business […]

  • 21 July 2016
    Business & Finance

    Chevron Corporation has, through its wholly-owned subsidiary, Chevron U.S.A. Inc., signed a key terms agreement with Singapore Carbon Hydrogen Energy Pte. Ltd., a subsidiary of JOVO, for the delivery of liquefied natural gas (LNG) from Chevron’s global supply portfolio. When the LNG sale and purchase agreement is finalized, JOVO is expected to receive up to 0.5 […]

  • 28 June 2018
    Business & Finance, Equipment

    Kongsberg Maritime has entered into an agreement to sell its business within subsea cameras and harsh environment CCTV systems to Imenco. Imenco is a technology company within design, development and manufacture of helicopter fuel systems, diving systems, lifting and handling products and subsea cameras. The company was established in 1979 and is headquartered in Haugesund, […]

  • 15 July 2011
    Business & Finance

      Pöyry Plc has completed the acquisition of parts of the engineering consulting business of Vattenfall Power Consultant AB . The business has been incorporated into a new company, SwedPower AB, in which Pöyry has 100 per cent shareholding. The parties have agreed not to disclose the purchase price. According to the final agreement, the […]

  • 15 July 2011
    Business & Finance

      Pöyry Plc has completed the acquisition of parts of the engineering consulting business of Vattenfall Power Consultant AB . The business has been incorporated into a new company, SwedPower AB, in which Pöyry has 100 per cent shareholding. The parties have agreed not to disclose the purchase price. According to the final agreement, the […]

  • 26 July 2017
    Business & Finance

    Japan’s shipping firm Kawasaki Kisen Kaisha (K Line) has received board approval to dispose of its subsidiary company, the owner and operator of heavy lift vessels, SAL Heavy Lift GmbH (SAL). The subsidiary would be transferred to SALTO Holding GmbH & Co. KG. (SALTO), according to data provided by K Line. The move comes on the back […]

  • 15 January 2014
    Business & Finance

    J. Lauritzen (JL) has accepted an offer to sell its fleet of three shuttle tankers to Knutsen NYK Offshore Tankers, Norway (KNOT). The deal is subject to buyers’ inspection of the three vessels and to current charterers’ approval of the transfer of ownership of the vessels. It is the intention that the three vessels will […]

  • 21 July 2014

    ENN Energy said that the company intends to dispose of its 45% and 100% equity interests in the Beihai and Qinshui LNG processing plants. The potential buyer Xinneng Mining Company is a wholly owned subsidiary of Hebei Veyong, an associate of  Wang Yusuo, the chairman of the board and a connected person of the company. “As at the date of […]

  • 6 June 2011

      Pöyry PLC has sold the oil and gas competence line of its Energy business group to WS Atkins plc, UK. The total debt free sales price is EUR 17.25 million. Pöyry’s outlook for the full year 2011 operating profit before one-offs will not be impacted by the divestment. The transaction includes the shares of […]

  • 27 February 2012

    CNPC said in a statement that it has signed a strategic cooperation agreement with Siemens AG . Under the agreement, the two companies will strengthen cooperation in areas including energy development and utilization, and petroleum equipment manufacturing, so as to promote mutual development, CNPC said. “CNPC Vice President Yu Baocai and Siemens AG Managing Board […]

  • 18 February 2016
    Business & Finance, Equipment, Technology

    MacArtney continues to expand its business portfolio through a new partnership with dotOcean for North American markets. The agreement consolidates MacArtney’s strong position in key markets and provides customer access to the extensive range of dotOcean sediment and soil measurement products. dotOcean is a Belgian company specializing in sediment and soil measurement systems and instrumentation. […]

  • 25 July 2018

    Italian oil and gas contractor, Saipem, reported a 323 million euro ($377.6 million) net loss for the first half of the year on the back of write-downs and reorganization expenses that hit 329 million euro. 

  • 29 May 2015
    Business & Finance

    Manila-based port operator International Container Terminal Services, Inc. (ICTSI) has acquired Mexican port operator Terminal Maritima de Tuxpan (TMT). The deal purports the 100% acquisition of TMT from Mexico’s logistics and transportation firm Grupo TMM SAB (TMM) and its subsidiary Inmobiliaria TMM SA de CV (ITMM). The acquisition has a price tag of USD 54.5 million, […]

  • 14 November 2016

    Australian LNG player Woodside on Monday said it has named Ian Macfarlane as a non executive director with immediate effect.

  • 24 January 2019
    Business & Finance

    NYK is selling a 50% stake in NYK Cruises to compatriot investment firm, Anchor Ship Partners.

  • 26 June 2012
    Business & Finance

    BP announced today that it has agreed to sell its interests in the Alba and Britannia fields in the UK North Sea to Mitsui & Co., Ltd. (‘Mitsui’) for $280 million in cash. The sale comprises BP’s non-operating 13.3% stake in Alba and 8.97% stake in Britannia. Completion of the deal is anticipated by the […]

  • 26 April 2011

      Personnel supplier iPS is opening an office in Perth, Australia. Hans Slootweg will represent iPS being responsible for the regional Maritime, Dredging and Oil & Gas industry. iPS has expertise in complex, international personnel solutions in the Maritime and Offshore industries. The company is growing, and in order to keep up with market demands […]