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Rosneft, Pietro Barbaro Eye Tanker Shipping JV

Russia’s oil major Rosneft and Italy’s Pietro Barbaro S.p.A. have signed a Memorandum of Understanding to create a Joint Venture (JV) company focusing on international shipping. Under the MoU, the two companies plan to explore possibil...

12/02/2016 Read

Technip building pipelines for Statoil’s offshore fields

Norwegian oil company Statoil has awarded Technip two lump sum contracts for infield pipeline construction for the Johan Sverdrup Development and the Oseberg Vestflanken 2 projects. The Johan Sverdrup field is one of the largest oil fields in the...

11/02/2016 Read

EWEA sounds the alarm as China overtakes EU in wind capacity

The European Union risks losing its leadership in wind energy without a clear policy vision for renewables towards 2030, the European Wind Energy Association (EWEA) said today in response to China overtaking the EU in installed wind capacity&nbs...

11/02/2016 Read

BIMCO: six VLCCs mark strong delivery start in 2016

Six new Very Large Crude Carriers indicate that 2016 is off to a flying start when it comes to delivering brand new VLCCs from shipyards in South Korea and China to owners and investor across the globe, according to BIMCO. The six new VLCCs w...

11/02/2016 Read

Hapag-Lloyd expands and upgrades its fleet

German container shipping company Hapag-Lloyd has taken delivery of two 3,500 TEU ships with a special wide-beam design from the Dutch shipping company NileDutch. The companies did not disclose the purchase price of the two vessels, which are...

11/02/2016 Read

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