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Wärtsilä has been contracted by STX Finland  to supply liquid bio-fuel powered main engines for Aura II, the multi-purpose deck cargo vessel ordered from the Turku shipyard last October by Gaiamare Ltd., part of the…
Information seized by Navy SEALS in the raid on Osama Bin Laden's compound shows that Al Qaeda has been considering hijacking tankers at sea and blowing them up, according to media reports.The Associated Press reported…
Island Offshore, in which Edison Chouest is a partner, has purchased a newbuild SX 121 type construction vessel from shipbuilder Ulstein Verft . The vessel, the Karianne, was completed on time in the fourth quarter…
The Board of Royal Dutch Shell plc (Shell) has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia (100% Shell), building the world's first FLNG facility. Moored far…
The Evergreen Group signed a contract with Taiwan's China Shipbuilding Corp. (CSBC) for the construction of 10 environmentally friendly L-class 8,000-TEU container vessels. The 10 post-panamax ships will be operated on Evergreen Line's various worldwide…
In an event at its Diesel Research Center in Copenhagen yesterday, e to an invited audience. The presentation of the two-stroke engine marked the culmination of  work that began in the 1990s with the company's…
Bergen, Norway, headquartered Dolphin Group ASA (OSE:DOLP) announced today that the 3D vessel Polar Duke yesterday entered into production on its first project for TGS Nopec ASA in the Norwegian sector of the Barents Sea.Polar…
OSV-giant Tidewater Inc. (NYSE:TDW) today reported fourth quarter net earnings for the period ended March 31, 2011, of $12.0 million, or $0.23 per share, on revenues of $254.0 million.That compared with net earnings  of $56.9…
As gasoline prices edge up to a nationwide average of $4, there’s been lots of talk going on in Washington about giving American consumers relief by increasing domestic energy production of oil and gas. Unfortunately,…
Farstad Shipping ASA has, through its wholly owned subsidiary in Norway, declared its options for building two platform supply vessels (PSV) at STX OSV. One of the vessels will be built at the STX shipyard…
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