Total nets field exploration deal [Offshore]
Total and Mauritania have recently signed an exploration and production contract to perform exploration works on Block C7, which covers an area of 7,300 square kilometers. The Group will be the operator with a 90% interest alongside the Société...
2017-05-16 07:36:11
Fincantieri approves Q1 results [Finance]
On May 11, The Board of Directors of FINCANTIERI S.p.A. ("Fincantieri" or the "Company"), chaired by Giampiero Massolo, examined and approved the interim financial information at March 31 this year. Results in line with the Business Plan 2016-...
2017-05-16 07:33:37
Rolls Royce-Bruce Power join hands [General]
Rolls-Royce and Bruce Power have entered into an agreement to implement Rolls-Royce’s innovative digital analytics tools, as part of Bruce Power’s Life-Extension Program. As part of the contract, Rolls-Royce will implement its proven digit...
2017-05-16 07:30:46
Designers given warnings about water treatment [General]
“Wastewater management presents a challenging dilemma that if not addressed in the design stages can impact a vessel’s operational flexibility,” ACO Marine’s managing director Mark Beavis told delegates yesterday at a Royal Institution of...
2017-05-16 07:29:10
Maersk releases 1Q interim report [Finance]
A.P. Møller - Mærsk A/S published its Interim Report Q1 2017 on May 11. HIGHLIGHTS ● A.P. Moller - Maersk delivered an underlying profit of USD 201m in line with same quarter last year. ● Revenue increased by 5 pct. or USD 424m to ...
2017-05-16 07:26:47
AusGroup's performance shows significant improvement [Finance]
AusGroup Limited (‘AGL’ or ‘AusGroup’ or the 'Group') has recently announced its results for the three months ended 31 March 2017 (‘Q3 2017’). This release should be read in conjunction with our SGX Announcement.  The results ...
2017-05-16 07:22:37
Kongsberg to market new underwater glider systems [Equipment]
Kongsberg Underwater Technology, Inc. announced on May 8 that it successfully completed negotiations with CoMotion®, the University of Washington’s collaborative innovation hub, to obtain the sole rights to produce, market, and continue develo...
2017-05-16 07:18:42
HHLA records 7% up in revenue in 1Q [Finance]
The 2017 financial year has started well for Hamburger Hafen und Logistik AG (HHLA). At the end of the first quarter, the Group’s key performance indicators are mainly well above the previous year’s level. Revenue was up 7.1 % year-on-year at...
2017-05-16 07:16:37
New Korean administration to build control tower [Shipbuilding]
The Moon Jae-In administration is expected to set up a new control tower to lead the restructuring of domestic industries including shipbuilding business.  According to key figures who worked for Moon's presidential campaign, new counterm...
2017-05-16 07:12:48
Hitachi wins high pressure SCR [Equipment]
Hitachi Zosen of Japan announced that it won an order to supply two high pressure SCR system to STX Heavy Industries of Korea. The two high pressure SCR systems will be installed in two Aframax crude tankers under construction at Hanjin Heavy ...
2017-05-16 07:12:12
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