News

Stolt Tankers B.V., a subsidiary of Stolt-Nielsen Limited and operators and owners of MT Stolt Valor, confirm that the vessel suffered an explosion on board whilst transiting the Persian Gulf.

Siemens Energy will supply a ‘power island solution’, consisting of two steam turbines and four gas turbines, for the proposed 242 MW Diamantina combined cycle power plant in in Mount Isa in Queensland, Australia.

General Electric (GE) will supply Fluor Corporation with two Frame 7FA Gas Turbine-Generators for the Ferguson Replacement Project, a 540 MW combined-cycle power plant near Marble Falls, Texas

China National Offshore Oil Corp. (CNOOC), China's largest offshore oil and gas company, has started construction works to expand the capacity of the gas-fired Hengmen power plant to 2,300 MW by the end of 2013.

NewLead Holdings Ltd., an international shipping company owning and operating tankers and dry bulk vessels, today announced the

VEVA, yesterday announced that STX OSV has standardised its engineering and 3D design work on AVEVA Marine and has purchased more than 100 additional software licenses.

Imtech Marine has recently signed Global Distribution and Service agreements for satellite communication (VSAT) and satellite TV

Østensjø Rederi has signed a contract with Sanmar, Turkey for delivery of one RAMparts 2800-E ASD design tug.

Columbia Shipmanagement’s (CSM) “Cape Mayor” has received a “Maritime Labour Statement of Compliance” from Germanischer Lloyd (GL).

Dubai Maritime City, the world class centre for maritime activity in the Middle East region, announced today that it has signed a Land Lease

Wilhelmsen Ships Service (WSS) has reported year-on-year growth in South East Asia – despite what WSS Area Director Niall Denholm describes as a ‘stressed market’ for the shipping industry.

Sembcorp Marine’s subsidiary Jurong Shipyard has secured a US$385.5 million contract to build a semi-submersible well intervention rig

Wilson Sons Limited has, through its subsidiary Wilson, Sons Ultratug Offshore (“WSUT”), signed a contract with Petrobras for the construction and operation of 4

China National Offshore Oil Corp. (CNOOC), China's largest offshore oil and gas company, has started construction works to expand the capacity of the gas-fired Hengmen power plant to 2,300 MW by the end of 2013.

Drydocks World, international player in ship repair and rig upgrade, conversion and new building, announced that it will build the world’s

Cosco, “K” Line, Yang Ming, Hanjin and Evergreen Line have agreed to initiate individual cooperative arrangements on Asia-Europe trades starting from April 2012 as announced last December.

Mitsubishi Heavy Industries, Ltd. (MHI) signed a joint-development agreement with Sinopacific Shipbuilding Group Co., Ltd.

Seadrill has signed a contract with Saudi Aramco for employment of the jack-up rig West Callisto offshore Saudi Arabia.

Wärtsilä, a provider of lifecycle power solutions, will supply Indonesia's first ever gas engine based peaking power plant. The plant, located in Sei Gelam Jambi in Sumatra, is scheduled to be built and fully operational before the end of 2012.

General Electric's vice chairman John Rice has confirmed GE's 2012 outlook and expectations for continued double-digit revenue growth from its Industrial and Capital segments in its global growth regions