Caterpillar Launches Asset Financial Solutions

Press Release - Caterpillar Oil & Gas has announced the introduction of Asset Financial Solutions, a financial product that provides 100 percent financing new offshore or marine assets. The new solution enables…

People & Company News

Tools for Operational Performance in Rotating Equipment

Many pieces of rotating equipment are operating below optimum capacity, affecting production costs, revenues and resulting in unexpected down time. DNV GL has been working together with operators to help unlock the…

People & Company News

Wärtsilä Propulsion for Norwegian Fishing Vessel

A new factory trawler fishing vessel being built for Norwegian marine trawling operator Halstensen Granit AS is to feature a complete Wärtsilä propulsion solution. The vessel is under construction at the Tersan yard in…

People & Company News

Vulica Orders Clean-tech Solutions for Bulker Newbuilds

WE Tech Solutions Oy and China’s Jiangsu Hantong Ship Heavy Industry signed a contract for the delivery of two Direct Drive Permanent Magnet Shaft Generator solutions to a series of 6,8000 DWT bulk carriers, recently…

People & Company News

DP World Nhava Sheva Helps Enhance Efficiency

DP World Nhava Sheva, well-known for its operational efficiency; once again orchestrated a win-win situation for the trade and maintained normal import and export activities when the port confronted both, natural and…

People & Company News

Total Lubmarine Resumes Full Service in Tianjin

Marine lubricants and greases provider Total Lubmarine informs it has resumed all services based out of the Port of Tianjin following the deadly explosions that rocked the port August 12. The company, which operates in…

People & Company News

Volvo Penta Debuts Marine Gas Sterndrive Engines

Volvo Penta today unveiled its new family of next-generation 5.3L V8 gasoline engines for the marine sterndrive market in a press preview at the company’s Test Center in Suffolk, Va. “Volvo Penta has a rich history of…

People & Company News

LUKOIL Marine Lubricants Opens Gothenburg Warehouse

LUKOIL Marine Lubricants informs it has opened a new warehouse in Gothenburg. The marine lubricants supplier said it constantly strives to expand its global supply network, adding that the new site will enable reduced…

Marine Propulsion