Shell to go ahead with Prelude FLNG project

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

Evergreen increases newbuild program

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

MAN Diesel & Turbo unveils ME-GI gas engine

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

Tidewater reports fourth quarter results

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

MAIB reports on Norman Arrow berthing incidents

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.