Transocean announces acquisition of Ocean Rig [Offshore]
Transocean Ltd. ("Transocean" or the “Company”) (NYSE: RIG) and Ocean Rig UDW Inc. (“Ocean Rig”) (NASDAQ: ORIG) announced today that they have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a c...
2018-09-05 11:32:59
SMM 2018 launches with high-profile guest speakers [General]
Press conference featuring a panel of highly distinguished speakers opened the leading international maritime trade fair today. The expert panel included: -Kitack Lim, Secretary General of the International Maritime Organization (IMO): -Esbe...
2018-09-05 11:31:19
Höegh secures S&LB financing for FSRU newbuild [Finance]
Höegh LNG Holdings Ltd. (“Höegh LNG” or the “company”) has received commitment letter for a sale and leaseback financing for FSRU #10 of up to USD 206 million (the “facility”). FSRU #10 is currently under construction at Samsung Hea...
2018-09-05 07:43:01
Shell discusses engine protection beyond 2020 [Equipment]
Marine lubricant choices to address International Maritime Organization restrictions on the fuels used by ships from 2020 must be based on verifiable cylinder oil performance data and engine testing to cover all operating conditions, according to...
2018-09-05 07:42:01
LR goes digital [General]
LR announced it has developed the first ever data-driven compliance framework for the marine and offshore industry: ‘Digital Compliance’. The increasing use and advancement of digital twins1 presents a significant opportunity to marine and...
2018-09-05 07:41:29
ABS publishes additive manufacturing guidance [General]
ABS published the ABS Guidance Notes on Additive Manufacturing, establishing a consistent approach to three-dimensional printing of marine and offshore materials and equipment. “As technology evolves and industry finds new ways to streamline...
2018-09-05 07:38:50
MAN unveils ME-LGIP Dual-Fuel LPG engine [Equipment]
MAN Energy Solutions has revealed its latest two-stroke engine type, a dual-fuel MAN B&W ME-LGIP engine designed for LPG running, at a ceremony in Copenhagen today attended by its Chief Sales Officer, Wayne Jones, along with a large crowd of ...
2018-09-05 07:38:03
Wärtsilä partners with theDOCK to seek startup potential [General]
Wärtsilä announces an official partnership with theDOCK Innovation Hub, an Israel-based maritime-focused startup accelerator, in a move it hopes will see the Technology giant connecting with the hottest local talent and emerging technologies wi...
2018-09-05 07:37:25
Silverstream air lubrication on Diamond Princess [Equipment]
Silverstream Technologies announced that Carnival Corporation, the world’s largest cruise vacation company, has successfully retrofitted the Silverstream® System air lubrication technology, onto the Diamond Princess from its Princess Cruises b...
2018-09-05 07:36:42
Hatteland presents new solutions at SMM [Equipment]
Hatteland Display, the industry-leading global provider of specialised display and computer solutions for maritime use, will unveil a number of new solutions and demonstrate its latest future-focused technological developments at the SMM 2018 mar...
2018-09-05 07:35:04
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