Maiden voyage for Germany’s first newbuild LNG powered seagoing vessel -...
(Source: Wärtsilä Oyj) The first ever newbuild liquefied natural gas (LNG) fuelled German seagoing vessel, which is powered by a complete Wärtsilä LNG propulsion solution, had its maiden voyage on...
View ArticleThe world's first methanol-fueled low-rev diesel engine - Low SOx, CO2 and...
(Source: Mitsui OSK Lines Ltd) TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President: Junichiro Ikeda) has ordered methanol carriers with the world's first methanol burned dual-fueled low-speed diesel main...
View ArticleIndustry Welcomes World's First Ocean-Going Vessels Capable of Running on...
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 11, 2016) - Starting in April, Waterfront Shipping Company Ltd. (WFS), Mitsui O.S.K. Lines, Ltd. (MOL), Westfal-Larsen Management (WL), and...
View ArticleIs volatile fuel used in racing cars a new power source for ships?
From next year, shipping firms will have to cut polluting sulphur emissions in vessels going to parts of Europe and North America, sparking a race for alternatives to standard diesel between fuel...
View ArticleLetter of Intent signals breakthrough for Very Large Ethane Carriers (DNV GL AS)
(Source: DNV GL AS) Hartmann Schiffahrts Gmbh & Co. KG, Jaccar Holdings, HB Hunte Engineering and DNV GL, signed a letter of intent for the classification of five ECO STAR 85k very large ethane...
View ArticleI. M. Skaugen SE : 3Q Result 2014 (IM Skaugen ASA)
(Source: IM Skaugen ASA) The I.M. Skaugen Group (IMSK) had a negative result for 3Q14 of USD 4.5 mill vs a negative USD 6.8 mill in 2Q14. During 3Q14 the EBIT result for the Norgas segment continued...
View ArticleRIL set to sign $600 million pact with Samsung Heavy Industries for six...
MUMBAI: Reliance Industries is set to buy six very large ethane carriers (VLEC) from South Korea’s Samsung Heavy Industries Co Ltd for $600 million, said executives involved, marking the Mukesh...
View ArticleRIL set sign $600 million pact with Samsung Heavy Industries for six ethane...
MUMBAI: Reliance Industries is set to buy six very large ethane carriers (VLEC) from South Korea's Samsung Heavy Industries Co Ltd for $600 million, said executives involved, marking the Mukesh...
View ArticleI. M. Skaugen SE : 1H Result 2014 (IM Skaugen ASA)
(Source: IM Skaugen ASA) PERFORMANCE IN 1H14 During the first six month we have seen the trading performance for our liquefied gas carriers in Norgas Carriers improving quarter on quarter. As a result...
View ArticleKirby's (KEX) CEO David Grzebinski on Q3 2016 Results - Earnings Call Transcript
Kirby Corporation (NYSE:KEX) Q3 2016 Results Earnings Conference Call October 27, 2016, 08:30 AM ET Executives Joseph Pyne - Chairman David Grzebinski - President and Chief Executive Officer Andrew...
View ArticleI. M. Skaugen SE (IMSK): 1Q Result 2015 (IM Skaugen ASA)
(Source: IM Skaugen ASA) PERFORMANCE 1Q 2015 The I.M. Skaugen Group (IMSK) had a negative result for 1Q 2015 of USD4.6 mill, compared to a negative USD9.2 mill for 4Q 2014 and a negative USD6.7 mill...
View ArticleI. M. Skaugen SE : Result 2014 (IM Skaugen ASA)
(Source: IM Skaugen ASA) The I.M. Skaugen Group (IMSK) had a negative result for 2014 of USD27.1 mill, compared to a positive USD18.4 mill for 2013. The EBIT for the Norgas segment for 2014 was a...
View ArticleFinal Results (Quadrise Fuels International plc)
(Source: Quadrise Fuels International plc) RNS Number : 8794B Quadrise Fuels International PLC 12 October 2015 12 October 2015 Quadrise Fuels International plc ('Quadrise', 'QFI', the 'Company' and...
View ArticleGlobal Methanol Market
, June 18, 2015 /PRNewswire/ -- This report analyzes the worldwide markets for Methanol in Thousand Tons by the following End-Use Segments: Formaldehyde, Acetic Acid, MTBE (Methyl Tertiary-Butyl...
View ArticleMAN Cryo to Deliver LNG Fuel System to Italian Ferry (MAN Diesel & Turbo SE)
(Source: MAN Diesel & Turbo SE) First LNG-powered vessel of its kind MAN Cryo - MAN Diesel & Turbo's marine LNG fuel-gas-system manufacturer - has signed a contract with Sefine Shipyard in...
View ArticleGTT : Full Year 2016 Results - Revenues up at €236 million and a net ...
Full Year 2016 Results Revenues up at €236 million and a net margin ratio of over 50% 2016 key figures Revenues up 4% to €235.6 million Net margin of 50.8% Proposed dividend of €2.66 per share[1]...
View ArticlePetrochemicals (Ethylene, Propylene, Butadiene, Benzene, Xylene, Toluene,...
LONDON, Dec. 23, 2014 /PRNewswire/ -- Petrochemicals are an essential part of commodities used in daily lives. They are used in various end-use industries, ranging from manufacturing to consumer goods....
View ArticleMAN 32/40 Notches Up Chinese Dredging Reference (MAN Diesel & Turbo SE)
(Source: MAN Diesel & Turbo SE) Technical drawing of the new TSHD vessel (courtesy Jiangsu Haihong) Jiangsu Haihong Engineering Technology Co., Ltd. has ordered 4 × MAN 32/40 engines in connection...
View ArticleChemical Factory Boom at Risk as U.S. Ethane Heads Abroad
When Exxon Mobil Corp. (XOM) kicked off construction last month of its largest U.S. chemical investment, a trio of factories outside Houston, business unit chief Steven Pryor said he’d never seen a...
View ArticleMAN Diesel & Turbo and Japanese Engine Manufacturer Conclude Cooperation...
(Source: MAN Truck & Bus Italia SpA) Supply of German Manufacturer's energy-efficient marine engines to Japanese Market complies with stringent, environmental regulations JFE, the Japanese Engine...
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