GMT Invests in Argo Travel Group
Global Marine Travel, a Florida-based travel management company to the maritime industry, has partnered with the Greek travel firm Argo Travel Group to enhance its travel offering, particularly in terms of service delivery and driving growth in the Greek and international markets."In Argo…

Malaysia in Shanghai LNG Supply Pact
Malaysian state-run giant Petroliam Nasional (Petronas) subsidiary Petronas LNG (PLL) has signed a 12-year liquefied natural gas (LNG) supply deal with China’s Shenergy Group. Under the terms of the 12-year heads of agreement (HOA), Petronas…

Hydroniq’s Coolers for Nexans
Norwegian shipyard Ulstein Verft has contracted the compatriot supplier of marine coolers for all types of vessels, Hydroniq Coolers, to deliver the seawater cooling system to the cable laying vessel (CLV) Nexans Aurora.The Pleat coolers will…

MSC Cruises Orders 2 LNG-Powered Cruise Ships
Geneva-based global cruise line MSC Cruises has signed a contract with the French shipbuilder Chantiers de l’Atlantique to build the third and fourth liquefied natural gas (LNG)-powered MSC World Class ships.The two parties announced that a…

Oil, Gas Players Optimistic on Profits
Companies  in the oil and gas sector are optimistic about their ability to achieve their financial targets for 2020, according to a survey from standards agency DNV GL.While the sector’s growth hangs in the balance for 2020, oil and gas leaders are optimistic that they will weather the storm…

DMA Sells an Inspection Ship
The Danish Maritime Authority, a government agency of Denmark that regulates maritime affairs, has sold the inspection vessel JENS SØRENSEN to the Norwegian shipping company Cesam Rederi AS.The inspection vessel POUL LØWENØRN will handle all…

Vattenfall, TuuliWatti to Balance Finnish Wind
European energy company Vattenfall has signed a five-year energy services agreement with the largest Finnish wind power producer TuuliWatti that includes the latter’s total wind power production in Finland.The agreement, which started on 1 January…

Fincantieri Wins $111Mn ITER Contract
Italian shipbuilding company has been awarded an order worth almost 100 million euros (about 111 million U.S. dollars) to provide high-profile equipment as part of the International Thermonuclear Experimental Reactor (ITER) project to build…

Brasco, APM Terminal Pact for Offshore Support
Brasco, a part of the Brazil's provider of integrated port and maritime logistics and supply chain solutions Wilson Sons Group company, has partnered with APM Terminals Pecém to set up a temporary logistics base at the Pecém Industrial and Port…

Rotterdam Port Explores Option of Geothermal
Research into the geothermal port of Rotterdam is entering the next phase, according to the Port of Rotterdam Authority.Shell Geothermal BV and the Port of Rotterdam Authority are jointly investigating the options for geothermal energy in the western part of the port of Rotterdam.