Norwegian offshore vessel owner and subsea services provider DOF Group has secured several new project awards in the Atlantic region and a separate contract in North America with Shell.The Atlantic region awards, amounting to over $60 million…
DOF Expands Backlog with Atlantic Awards, Shell IMR Deal Read More »
Finnish engineering group Wärtsilä has agreed to divest its Gas Solutions business to German private equity investor Mutares SE & Co. KGaA, continuing its efforts to streamline operations and unlock value from its portfolio.Gas Solutions, which operate…
Wärtsilä to Sell Gas Solutions Business to Germany’s Mutares Read More »
A sanctioned tanker carrying some 300,000 barrels of naphtha from Russia entered Venezuelan waters late on Thursday, while three others also under sanctions either stopped navigation or began redirecting course in the Atlantic Ocean, ship tracking data…
Sanctioned Naphtha Tanker Enters Venezuelan Waters While Others Reroute Read More »
Wrist Group, a leader in marine supply, logistics and budget management services for the maritime industry and a portfolio company of an investment affiliate of J.F. Lehman & Company, LLC (“JFLCO”), has announced the acquisition of Delaware Ship Supply…
Wrist Acquires Delaware Ship Supply Read More »
Danish shipping company Maersk said on Friday that one of its vessels had successfully navigated the Red Sea and Bab el-Mandeb Strait for the first time in nearly two years, as shipping companies weigh returning to the critical Asia-Europe trade…
Maersk Tests Red Sea Route as Gaza Ceasefire Offers Hope Read More »