M.A.R.S. Europe has been awarded a contract by Teekay for dismantling and recycling of the Petrojarl Banff FPSO, after 21 years of service in the North Sea.
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Petrojarl Banff FPSO to be recycled at M.A.R.S. Read More »
Håkan Agnevall will take over the position of CEO of the Finnish marine equipment maker Wärtsilä on February 1, 2021.Back in September 2020, Wärtsilä first announced that Agnevall, president of Volvo’s bus division, would become its new CEO, no later t…
Wärtsilä’s New CEO to Take Over on Feb. 1 Read More »
Businesses are optimistic that trade levels will return to pre-pandemic levels within two years. But supply chains are likely to…
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Swiss shipping major Mediterranean Shipping Company (MSC) has decided to cover the costs associated with the fire on board the containership Maersk Elba so that the vessel operator will not declare…
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MSC to cover costs related to Maersk Elba fire Read More »
Fearnley Securities crunches the numbers on newbuildings, but warns over dividend levels
Avance Gas could save $5,000 per day with new dual-fuel VLGCs Read More »