Describing battery power as a “disruptive technology shift” in a marine power context, Rolls-Royce’s head of battery R&D and installation John Roger Nesje says the fast-developing clean power source is attracting the attention of a growing number...
Norway’s Kleven Shipyard is bucking the global shipbuilding trend with a NKR9bn ($1.08bn) orderbook extending until February 2018 and more contracts likely to be signed soon.
Today's oil price is no deterrent for Lundin, Europe's largest independent exploring and production energy firm.
In a week which has seen FMC Technologies slashing 700 jobs in Norway, Rystad Energy, an Oslo-based analyst, has predicted that a possible upturn in the troubled oil market could come sooner than many expect with prices picking up again around the...
Bulk Invest, formerly Western Bulk, has filed for bankruptcy just weeks after it sold its chartering division to parent Kistefos, in an attempt to survive.
Reporting fourth quarter losses of NOK161.1m ($18.6m), North Sea operator Rem Offshore warns of a bad market in the sector for years to come.
In a milestone for the dual fuel engine market Wärtsilä has sold 100 34DF dual-fuel engines, to be delivered from the factory in early 2016.
Shipping magnate John Fredriksen has teamed up with Arctic Securities to establish a shipbroking company, Arctic Shipping Norway.