Eley to Take over as Polarcus CEO
Duncan Eley has been appointed chief executive officer of Oslo listed offshore geophysical services company Polarcus Limited…
Norway Oil Ministry: No Plan to Cut Output
Norway has no plans to cut its oil output, the country's oil and energy ministry said on Tuesday. "The Ministry has a good…
Intelligent Self-sufficient Systems for Powerful Drive Tasks
New from Bosch Rexroth are standalone axes with identical servo-drives for actuators with mechanical or hydraulic force transmission…
Spring Restored - Coast Guard Finishes Buoy Operations Early
The U.S. Coast Guard completed operation Spring Restore Tuesday, five days ahead of schedule. Spring Restore involves the re-installment of 1…
Piracy Comes Back in Somalia
Piracy in Somalia is making a comeback and the Gulf of Guinea remains the world’s most active hotspot for crew kidnappings…
US Navy Presence Highlighted in IMDEX17
The littoral combat ship USS Coronado (LCS 4) and Arleigh Burke-class guided-missile destroyer USS Sterett (DDG 104) represented the U.S.
Signs of Recovery Seen in Asian MR Market
A new lease of life has been breathed into the ailing Medium Range (MR) tanker market in Asia. The MR market has been mired…
U.S. Freight Recovery Spurs Diesel Demand
U.S. freight movements have started increasing again, which should help boost consumption of distillate fuel oil in 2017 and 2018.
NYC's New Ferries Take to the Water
The first vessel in the new NYC Ferry’s fleet has been christened Lunch Box, following a naming competition held amongst New York school students.
Fincantieri Buys Majority Stake in STX France
Italian shipbuilding company Fincantieri S.p.A. said it has signed a share purchase agreement for the acquisition of 66.
Shipbuilders Council Names McCreary Chairman
Shipbuilders Council of America names Richard McCreary as new chairman; honors Sen. Cochran and Rep. Hunter At its annual spring meeting in
Skangas Names LNG Bunker Supply Ship Coralius
Coralius, the first European built LNG bunker and distribution vessel was named Monday, May 22, by Johanna Lamminen