Stolt-Nielsen Limited (“SNL”) (Oslo Børs: SNI) announced today that its subsidiary Stolt-Nielsen Gas Ltd. (“SNGL”) has reached an agreement with Sungas Holdings Ltd. (“Sungas”) whereby Sungas will become a 50% shareholder in Avance Gas Holdings Ltd. (“Avance Gas”) currently wholly owned by SNGL.
For 18 years, the Drew Foss, a tugboat operated by the Foss Maritime Company, has been free of environmental mishap.In fact, 59 vessels owned by the Seattle-based Foss are being recognized by a major maritime organization for their standout environmental safety records.
Safe Bulkers, Inc. (the “Company”) (NYSE:SB – News), an international provider of marine drybulk transportation services, announced today that it has entered into a shipbuilding contract for the construction of a Chinese-built, drybulk Kamsarmax-class vessel of approximately 82,000 deadweight tons at a contracted price of $34 million, with an expected delivery date in the fourth quarter of 2011.
Despite the global downturn in the industry last year, Wilhelmsen Ships Services had already initiated actions to respond to signals that were being seen in the market of stronger trade in the continent at the end of 2009.
Polarcus, a leading provider of marine geophysical services, is building two seismic vessels of the new generation type SX134 at the Ulstein Verft shipyard. ULSTEIN has designed and built a number of state-of-the-art seismic vessels the past few years, and the contracts attest to the company’s leading role in designing and building seismic ships.
By achieving ATEX certification for a newly developed 18 MW high-speed electric motor, MAN Diesel & Turbo reached a crucial step in further enhancing its compressor technology for the worldwide Oil & Gas industry, extending the company’s lead in the field of hermetically-sealed motor-compressor units. The current step of development is a result of MAN…
Energy-efficient and environmentally friendly propulsion for new LNG transport vessels, to be built by Samsung Heavy Industries in South Korea.
Mitsui O.S.K. Lines, (MOL; President: Koichi Muto) today announced that the company has established a joint venture with two local companies in Vietnam and started a tugboat business.
Hamworthy has signed a contract with Golar LNG to deliver a liquefied natural gas regasification system for the West Java FSRU, which will be Indonesia’s first LNG regasification terminal.
Based on its environmental agenda, the A.P. Moller – Maersk Group won the “Environmental Awareness Award” Tuesday at an event in Paris. Maersk became one of 10 winners from a field of entrants that ranged from fish farming to renewable energy and light aircraft to skincare. Together, the entrants employ more than 3.5 million people…
Incat has secured a contract to build the world’s first high speed passenger Ro-Ro ship powered by environmentally friendly Liquified Natural Gas (LNG).
Cargotec’s Marine Service organisation has recently been assessed and certified as an Approved Service Supplier by classification societies Lloyd’s Register EMEA and Italian RINA (Registro Italiano Navale). “In practice, this means that shipowners and operators can be certain that inspections and repair services performed by Cargotec’s Marine Service are supplied in compliance with class and statutory requirements,” says Per-Olof Eliasson, director of Cargotec’s Marine Service operations. “This heralds a new era within our organisation.”