Maritime Surveillance on Agenda in Mozambique
A project to provide a single display maritime surveillance system for Mozambique has been commissioned and handed over to…
Samsung Heavy Cancels $776.8 mln LNG FPSO Order
South Korean shipbuilder Samsung Heavy Industries (SHI) has terminated a contract worth a 907.6 billion won ($776.8 million)…
Bibby Offshore Wins Shell Subsea Deal
Bibby Offshore, the leading subsea services provider to the oil and gas industry, has this year been awarded two contracts…
The Arctic Is In Meltdown
The Arctic has lost almost 95% of its older ice cover since 1984, says NASA. The area covered by Arctic sea ice at least…
DSME to Spin off IT Biz Unit
Daewoo Shipbuilding & Marine Engineering Co. (DSME) plans to spin off its IT business unit next year in an effort to streamline…
US Forecaster Sees La Niña Likely to Persist in Coming Months
A U.S. government weather forecaster on Thursday said that La Niña conditions are present and slightly favored to persist into the Northern Hemisphere winter 2016-17.
Six New Submarines Built for the Russian Navy
JSC Admiralty Shipyards has finished building a series of six submarines for the Russian Navy’s Black Sea fleet
Royal IHC Signs Contract with Shanghai Salvage
Royal IHC has announced they have signed a contract with Shanghai Salvage in China for the supply of an integrated 550t Reel lay system.
Hamburg Süd for Sale?
Speculations about an upcoming sale of Hamburg Süd have intensified in the market, says a report in WSJ. Hamburg Sud
Rigmarine Opens Aberdeen Facility
Lifting and marine product specialist Rigmarine has opened its fourth global facility in the rural village of Insch