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  • 11 October 2011

      Indian shipping firms are planning to expand their fleet to take advantage of falling vessel prices and a sharp downturn in the global … By Aniruddha Basu and Siddesh Mayenkar (Reuters) [mappress] Source: Reuters, October 11, 2011;

  • 30 June 2014

    Delek Group, along with other partners in the Leviathan gas field offshore Israel, on June 27, 2014, signed a non-binding Letter of Intent with BG International Ltd. (“BG”), in which the parties confirmed their intent to negotiate an agreement for the supply of natural gas from the Leviathan Project to BG, in order to supply […]

  • 10 November 2014
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) has acquired a 14.8% stake in Fugro N.V. Boskalis views Fugro as an interesting company with activities that fit very well with its own activities. Boskalis wants to enter into a dialogue with Fugro to explore possible options for cooperation. Boskalis stresses that it has no intention to make an […]

  • 9 January 2015
    Business & Finance

     Greek bunker supply business Aegean Marine Petroleum Network Inc. has taken over two bunkering barges that were previously under charter by bankrupt Danish marine fuel supplier OW Bunker. The move comes as Aegean plans to launch physical supply and marketing operations in Germany during January 2015. “To support its local German operations, Aegean has assumed the […]

  • 26 February 2015
    Business & Finance, Technology

    Tocardo Tidal Turbines has acquired Swanturbines technology, and intellectual property as well. Tocardo’s newest acquisition includes tidal turbines technology and deployment methods, as well as the trade name of Swanturbines – previous proprietary ownership of Swanturbines. Financial details of the transactions were not disclosed. Tocardo is commercialy manufacturing and marketing tidal turbines, and with this […]

  • 13 December 2011

    According to ABB, a significant increase has been noted in terms of demand upgraded vessel information and control systems in last 12 months. The engineering and technology conglomerate relates the growth to ship operators needing to comply with new environmental regulations, while also wanting to lower onboard energy use and fuel consumption. Over 3000 automation […]

  • 5 March 2013
    Business & Finance

    The keel has been laid, the course has been set and the Aurora is taking shape at the shipyard. The new ultra-modern research vessel will be ready to embark on expeditions by summer 2014. Aurora is the Roman goddess of the dawn. She renews herself every morning. Her brother is the sun and her sister […]

  • 13 February 2015
    Business & Finance

    The World Ocean Council (WOC) has announced that the 3rd Sustainable Ocean Summit (SOS) will be held on 9-11 November, 2015 in Singapore. The SOS is the only international, multi-sectoral, business event dedicated to “Corporate Ocean Responsibility”. This first SOS to be held in Asia, the 2015 event is being developed in collaboration with stakeholders […]

  • 26 November 2013
    Business & Finance

    Norwegian authorities have approved the transfer of 40 percent interests and operatorship in production licences 509S and 509BS from Wintershall Norge AS to North Energy. The licences contain oil prospects and are located in the North Sea, south of the Gullfaks area. A potential discovery could be tied back to existing nearby  infrastructure. Drill or drop decision is […]

  • 25 November 2013
    Business & Finance

    SSI, the company that provides Autodesk based solutions for the shipbuilding and offshore industry, took part in the construction of Petrobras’ P-55 Semi-Submersible Floating Production Unit (FPU) hull. The company’s ShipConstructor AutoCAD based CAD/CAM software was used to build the hull of Petrobras’ P-55. This offshore oil rig is the largest and first of its […]

  • 9 August 2013

    In a raid conducted in Kulvanu village under Ghagga Police station on Wednesday night, police arrested seven people for illegal sand dredging. Police also recovered a JCB machine and two trucks used to carry the sand. “The investigation is under process. Farm owner Raghuvir will be arrested soon,” said Ranveer Singh, station house officer, Ghagga […]

  • 18 September 2014
    Business & Finance, Equipment, Technology

    VOSTA LMG, a leading engineering and contracting company which serves the worldwide dredging industry, will attend the Seatrade Middle East Maritime (SMEM) conference. This event will take place in the Dubai International Convention and Exhibition Center, from 28-30 October 2014. VOSTA LMG staff will be there to inform attendees about the company’s broad spectrum of […]

  • 7 November 2011
    Business & Finance

    Wilhelmsen Ships Service (WSS) was a key sponsor of last month’s Smart Shipping event in Singapore. Ships Agency Director Frederic Fontarosa described it as an ‘essential conference for the industry which is certain to root itself firmly in the international maritime events calendar’. Held from 17-18 October at the Four Seasons hotel, the event was […]

  • 1 March 2012

      A vessel has been hijacked by pirates off the coast of Nigeria and for the first time two crew members have been taken hostage, with one still unaccounted for. The attack on the 1991-built, 5,900 dwt reefer Breiz Klipper is the seventh in this region in the first two months of 2012 compared with […]

  • 24 October 2018
    Business & Finance

    Disgruntled workers of Uljanik Group take to the streets.

  • 31 May 2011

      Almost 3,000 MW of offshore wind energy capacity were brought on stream in Europe, particularly in the North Sea, in the last decade, while… (powergenworldwide) [mappress] Source: powergenworldwide, May 31, 2011;

  • 26 February 2019
    Business & Finance

    POSCO Daewoo will take a 75% share in the grain terminal.

  • 19 September 2018
    Business & Finance

    Maersk takes further steps to integrate its business.

  • 1 September 2014

    Fortum has acquired a minority share of 13.6 per cent in the Finnish wave energy developer Wello Oy. The Penguin wave energy converter solution, developed by Wello, is based on a floating vessel that captures the kinetic energy of waves and converts it into electrical power with a generator. The advantage of the floating vessel […]

  • 17 June 2013

    European gas infrastructure group Fluxys is considering taking a shareholding in the Trans Adriatic Pipeline (TAP) project. Discussions between Belgium’s Fluxys and TAP’s shareholders began in 2012. These negotiations are proceeding with a view to include Fluxys as a shareholder in TAP shortly after the Shah Deniz Consortium has decided on the preferred European route […]

  • 5 May 2019
    Business & Finance

    Take a look at last week’s most popular articles.

  • 15 April 2018
    Business & Finance

    Take a look at last week’s most popular articles.