Wärtsilä reorganizes its Marine Business [Equipment]
Wärtsilä announced on March 5 that it has decided to reorganise its Marine Business into three independent businesses. The objective of this change is to accelerate strategy execution, simplify the business structure, and strengthen business pr...
2020-03-11 09:30:50
Inmarsat's Fleet Xpress chosen [Offshore]
Inmarsat announced on March 5 that Inmarsat’s Fleet Xpress, the world’s leading maritime broadband service, has once more been chosen to provide the connectivity backbone enabling images captured by the deep ocean research institute, Nekton f...
2020-03-11 09:27:37
ABB awarded cybersecurity verification from DNV GL [Equipment]
ABB announced on March 5 that ABB’s solutions on board a large passenger ship have been awarded cybersecurity verification from classification society DNV GL. As a result, this vessel became the industry’s first to achieve system complianc...
2020-03-11 09:23:51
EPS orders two tankers from SWS [Shipbuilding]
It turned out that Singaporean Eastern Pacific Shipping (EPS) has ordered two 158,000-dwt Suezmax tankers from state-run Shanghai Waigaoqiao Shipbuilding (SWS). According to TradeWinds and sources, these vessels are slated for 2022. It was pre...
2020-03-11 09:19:57
"Offshore wind has huge effect on shipping" [Offshore]
A global industry expert see offshore wind power development and shipping business sectors can work hand in glove in order to achieve the goal of the 'Europe Green Deal' the European Commission (EC) announced last December.  According to ...
2020-03-11 09:17:57
'SeaTech' secures project funds from EU [Finance]
A consortium consisting of seven global industrial and academic partners including Wartsila turn out to have gotten financial supports from the European Union (EU) for its project for ship fuel and emission reduction.  By developing advan...
2020-03-11 09:16:52
COVID19 negatively affects offshore industry [Offshore]
It seems that Covid19 will have a negative impact on global offshore energy development projects. According to Clarksons Platou Securities, the volume of offshore field project was earlier expected to be $147bn in 2020 more than $135bn in 2019...
2020-03-11 09:15:42
SHI Ningbo declares 'Covid19 force majeure' [Shipbuilding]
It turned out that Samsung Heavy Industries (SHI) has recently declared 'Covid19 force majeure' due to spraying of disease.  According to industry sources and foreign press, Samsung Heavy Industries Ningbo (SHI Ningbo) in Shandong, China,...
2020-03-11 09:04:05
Aker BP&Framo collaborate on offshore maintenance [Offshore]
Aker BP and Framo jointly announced on March 5 that they have entered a long-term maintenance contract for seawater lift pumps where compensation is directly linked to facility uptime, effective, from 5 March. The two companies with technology...
2020-03-10 09:39:15
Wärtsilä nets BC Ferries and Remontowa contracts [Equipment]
The technology group Wärtsilä announced on March 4 that it has again been selected to provide an integrated system consisting of the LNG plant, dual-fuel engines, and electrical propulsion system for the latest addition to Vancouver, Canada bas...
2020-03-10 09:33:58
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