Shipboard carbon capture concept unveiled

FEBRUARY 12, 2013 — Classification society DNV and Process Systems Enterprise Ltd. (PSE), a specialist in process modeling technology, have released the results of the maritime CCS (carbon capture and storage) research

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Hyundai Heavy to build X-bow MOCV for Toisa

FEBRUARY 12, 2013 — Toisa Ltd. has signed a contract with Hyundai Heavy Industries for the construction of an Ulstein designed multipurpose offshore construction vessel (MOCV). The 150.5 m vessel is a

Alaskan wave energy project moves ahead

FEBRUARY 12, 2013—A remote Alaskan community moved one step closer to a sustainable energy future, following the approval of a preliminary permit by the Federal Energy Regulatory Commission (FERC) to study a

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ABB to acquire APS Technology

FEBRUARY 12, 2013 — Zurich, Switzerland, headquartered ABB, has agreed to acquire APS Technology Group (APS), a San Diego, California-based company that develops and markets systems for the port industry. The acquisition

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Johnston replaces Arntzen at OSG

FEBRUARY 12, 2013 — Captain Robert Johnston will serve as the President and Chief Executive Officer of Overseas Shipholding Group, Inc., effective immediately. Captain Johnston, who has been the Senior Vice President

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Carnival Triumph gets some shipboard power back

FEBRUARY 11, 2013 — In an update issued at 11.25 a.m. today, Carnival Cruises said that the cruise ship Carnival Triumph remained without propulsion, awaiting the arrival of two tugboats which will

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Technip names newbuild medium construction vessel

FEBRUARY 11, 2013 —  Technip (Paris:TEC)  officially named its latest new vessel today in Vigo, Spain. The Deep Orient, a newbuild medium construction vessel, will be dedicated to subsea construction and flexible