On 7-9 June, Volvo Trucks took part in the NGV Berlin 2011 Fair in order to present the recently launched Volvo FM MethaneDiesel. The participation in this show is also part of Volvo Trucks commitment to establish “blue corridors” in Europe. These transport corridors are designed to increase the ava
BMT ARGOSS, a subsidiary of BMT Group, the international design, engineering and risk management consultancy, has announced its latest recruitment drive to further strengthen its ship response expertise and offer additional web-based information services using existing vessel performance monitoring
Leif-Arne Langøy has been elected as the new Chairman of the Board of Directors of DNV (Det Norske Veritas). Walter Qvam has been elected as the new Chairman of the DNV Council. In addition, Morten Ulstein has been elected Vice Chairman of the DNV Board. The elections took place at the Council meeti
Golar LNG Limited has issued 5,551,180 new shares all of which have been subscribed for by World Shipholding Ltd, the Company’s largest shareholder. The new shares represent settlement of the purchase price for World Shipholding Ltd’s 33,640,153 shares in Golar LNG Energy Limited which were acquired
Mitsui & Co., Ltd. announced that it has entered into a definitive agreement with subsidiaries of the U.S. oil and gas development company, Marathon Oil Corporation, to acquire a 9% working interest in 10 of Marathon’s Paleozoic shale gas exploration concessions in the Republic of Poland. Another pa
A tragedy has been avoided in the English Channel, thanks to the actions of a Royal Navy warship and her crew. The Offshore Patrol Vessel HMS Mersey was on a routine fishery patrol in the English Channel, approximately 40 miles south west of Dover in the middle of the Traffic Separation Zone (the sh
FLEX LNG announced that Ms. Kathleen Eisbrenner has decided to resign from the position as Director of FLEX LNG Ltd with immediate effect. The resignation is due to personal reasons. About FLEX LNG Ltd. FLEX LNG was incorporated in 2006 and is listed in Norway under the ticker code FLNG. The Company
Nuclear-powered ballistic missile submarine (SSBN) Yury Dolgoruky built by Sevmash shipyard in Severodvinsk sailed off for sea trials. This is the first sea cruise of the sub in this year, reported ITAR-TASS on June 7 referring to the shipyard’s press service. The submarine has been staying in the c
With five successful offshore wind projects under its belt, Vattenfall UK turned to Danish offshore wind installation business A2SEA to install the world’s largest offshore turbines, R5, at Ormonde, 10km off the UK coast at Barrow-in-Furness. “We didn’t want to take any chances at Ormonde, so we wen
Eddie O’Connor, one of Ireland’s most successful entrepreneurs, has been awarded with an Honorary Doctorate of Engineering, from NUI … By Patricia Austin (insideireland) [mappress] Source: insideireland, June 08, 2011;
Eddie O’Connor, one of Ireland’s most successful entrepreneurs, has been awarded with an Honorary Doctorate of Engineering, from NUI … By Patricia Austin (insideireland) [mappress] Source: insideireland, June 08, 2011;
A Businessman claims that Pwllheli Marina is a potential deathtrap and is an embarrassing eyesore for tourists. By Gareth W. Williams (caernarfonherald) [mappress] Source: caernarfonherald, June 9, 2011
Protests last night grew against £500m plans to expand the Port of Liverpool onto Seaforth Nature Reserve. By John Siddle (icseftonandwestlancs) [mappress] Source: icseftonandwestlancs, June 9, 2011
Fluxys Finance, a subsidiary of Fluxys G, has successfully closed the private placement of a bond loan. A total of €300 million has been secured and the offer period was early terminated. The aim of the bond loan is to diversify the financing of Fluxys G’s investment projects. The bonds have a term