Wärtsilä to Lose 142 Staff in Finland Efficiency Move

Wärtsilä' says that its consultation process with employee representatives in Finland has been concluded. The process was initiated with the aim of reducing 200 jobs in Finland. As a result of the negotiations, the…

People & Company News

Kongsberg to Equip 10 Newbuild Pipelayers

Kongsberg Maritime has been chosen to deliver substantial technology packages for ten new pipelaying vessels ordered by Brazilian multinational energy corporation, Petrobras. In contracts valued approx. NOK 118 Million…

People & Company News

Asia Fuel Oil: 380-cst cash premium rises 76 percent

The cash premium of the benchmark 380-cst fuel oil grade firmed for the fourth straight session on Wednesday, underpinned by lower supply in the region in early April. The 380-cst cash premium rose 76 percent or close to…

Marine Propulsion