ECSA Takes Stand in GHG Emissions of Shipping
European Community Shipowners’ Associations (ECSA) regrets that European port and cargo interests have come out in favour…
Saudi Aramco Selects Lead Underwriters for $100 Bln IPO
Oil giant Saudi Aramco has selected JPMorgan Chase & Co, Morgan Stanley, and HSBC Holdings Plc as lead underwriters on the firm's planned initial public share offering…
Norway to Buy Submarines from Germany
Norway plans to buy four submarines and Germany two in a bid to strengthen strategic partnership, says a report in Reuters.
Two New Builds Delivered to Subsea 7
Offshore engineering, construction and services company Subsea 7 said it has taken delivery two new builds: a heavy construction…
DNV GL Completes Tech Due Diligence for Gaelectric
DNV GL has concluded vendor’s technical due diligence on a portfolio of wind farms totalling around 230 MW. DNV GL successfully…
Nakilat Profit slips
Nakilat announced its financial results for the year ended 31 December 2016, with a net profit of QR 955 million achieved compared to QR 984 million in 2015. The…
Shell: LNG Demand Strong to 2030
Shell launches LNG Outlook Global demand for liquefied natural gas (LNG) reached 265 million tonnes (MT) in 2016 – enough to supply power to around 500 million homes a year.
De Boer Remorquage SARL Orders Custom Tugs from Damen
Baggerbedrijf De Boer B.V. (Dutch Dredging B.V.) has ordered two custom, special-purpose tugs to be built at Damen Shipyards…
Lift Boat Crew Rescued in US Gulf
Four crewmembers aboard the lift boat Superior Trust were rescued after the vessel became unstable near Southwest Pass, La., Wednesday. U.S.
Eighth Lamprell Rig for NDC
Lamprell announces the completion of construction on a further jackup drilling rig, the “Al Hudairiyat”, and its delivery to Abu Dhabi’s National
World’s Largest Plug-in Hybrid Vessel Ordered
Color Line and Ulstein sign a firm contract on construction of the world’s largest plug-in hybrid vessel. Ulstein said it has won a contract to
Kongsberg Maritime: Reshaping Underwater Operations
Eelume AS has released the first live video footage of its game changing take on underwater intervention vehicles.