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…
The U.K. Marine Accident Investigation Branch (MAIB) has issued its report on the investigation of contacts made by the high speed craft Norman Arrow with quays in Portsmouth International Port, Portsmouth U.K. on  March 31,…
Wärtsilä has added new 62- and 72-bore low-speed engines to its  its offering in the mid-size, low-speed engine sector. These standardized engines offer high propulsion efficiency, reliability, and optimized total cost of ownership for customers…
Privately held Edison Chouest Offshore (ECO), Galliano, La., today announced plans to design and construct eight new 280 ft deepwater platform supply vessels, increasing its current newbuilding plans to a total of 33 vessels.“Since 2003,…

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