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Oil majors plunge into industry that may hurt fossil fuel

By Jessica Shankleman (Bloomberg) — Big oil is starting to challenge the biggest utilities in the race to erect wind turbines at sea. Royal Dutch Shell Plc, Statoil ASA and Eni SpA are moving into multi-billion-dollar offshore wind f...

24/03/2017 Read

Maersk reaches Key North sea tax deal with Denmark

COPENHAGEN, March 22 (Reuters) – Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state that means it will pay less tax on its North Sea oil and gas activities through 2025. The deal, which has b...

23/03/2017 Read

Nominations open for first Offshore Energy Awards

The offshore energy industry is constantly moving forward. Despite challenging times in the industry, there are impressive achievements that require celebration. During the first Offshore Energy Opening Gala Dinner to be held in Amsterdam, the Net...

23/03/2017 Read

Rolls-Royce, Stena Line join forces on Intelligent Awareness for ships

UK-based power systems provider Rolls-Royce has signed a deal with Swedish ferry company Stena Line AB to collaborate in the development of its first intelligent awareness system. “Intelligent awareness systems will make vessels safer, eas...

23/03/2017 Read

Marshall Islands now second largest registry

The Republic of the Marshall Islands fleet now stands at 223,262,177 DWT, making it the second largest registry in the world in terms of DWT.  The Marshall Islands is the Greek shipping industry's leading flag with 791 ships totaling 62,1...

22/03/2017 Read

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