General News

Wärtsilä, together with Versa Power Systems (VPS), a developer of environmentally friendly, high-power solid oxide fuel cells (SOFC), have concluded an agreement to develop and integrate Versa Powers SOFC technology into Wärtsilä…

Shell has announced a joint project with Brazilian energy group Cosan to produce low-carbon biofuel, using ethanol made from sugar cane. The joint company, known as Raízen, will initially operate in Brazil.

DNV Petroleum Services in Singapore says that crew competence is failing to keep pace with developments in ship operation.

STX Offshore & Shipbuilding of South Korea is reported to have secured a new contract to build two LNG carriers for SCF Sovcomflot of Russia.

Hamburg-based SAM Electronics has received orders for 17 of its PWM frequency converter shaft alternators for installation onboard 15 ships undergoing construction at yards in China, Germany and South Korea.

The order for the Shell’s Prelude floating LNG project in Australia has reportedly been placed with South Koreas Samsung Heavy Industries. The value of the contract is estimated at $3 billion.