Benefits Outweigh Drawbacks of Low Oil Prices in Shipping Industry

The past year has seen a steady fall in the prices of crude oil.  From a peak price of $115 a barrel in June...

Bomin Belgium BVBA Launched at Antwerp

The Bomin group is engaged in supply and trade of marine fuel oil with worldwide operations. The Bomin Group will operate under the name...

Two Global Companies Fined Over An Incident

Two global companies have been sentenced after a worker was killed and another seriously injured during construction of an offshore wind farm. On 21 May...

Inmarsat Everywhere

In September, Inmarsat launched its third satellite in its Global Xpress constellation and unveiled its new machine-to-machine and the Internet of Things strategy –...

Green-Way To Clean Oil Spills

NTNU student entrepreneurs - Anette Andersen, Nina Heir and Karl Nevland have come up with an environmentally safe and green method of cleaning oil...

Electronic Navigational Charts In SOMS

New ENCs To Provide High-Resolution Bathymetry Information For Safe Navigation In SOMS The Straits of Malacca and Singapore (SOMS) is an important, world’s busiest...

Epic Gas Finances US$ 120 M For Seven NewBuilds

Epic Gas Ltd., owns and operates a fleet of 45 modern and high quality fully pressurised gas carriers providing seaborne services for the transportation...

Renaissance Divests Assets, Sells Topaz Engineering For $18.5m

Oman’s Renaissance Services SAOG (Renaissance) is an Omani multinational Oil & Gas company that has two core business groups in Marine and Contract Services....

Pilot Dies in Flight; American Airlines Plane Lands Safely

Early Monday pilot of an American Airlines plane, Captain Michael Johnston, 57 suddenly died in flight.  The first officer made an emergency landing safely...

Nobel Prize in Physiology or Medicine – 2015

The Nobel Prize in Physiology or Medicine 2015 was awarded with one half jointly to William C. Campbell and Satoshi Ōmura for their discoveries concerning a novel...