Assets News


Andy Richardson Joins as COO of SimecAtlantis Energy Limited

Oct 23, 2018

Simec Atlantis Energy  announced that it has appointed Mr. Andy Richardson into the role of Chief Operating Officer at Simec Atlantis Energy.A press release from the global developer, owner and operator of sustainable energy projects with a diversified portfolio of more than 1…

BV Launches BV Solutions M&O

Oct 01, 2018

Bureau Veritas announced the launch of a newly branded and separate family of experts, ‘Bureau Veritas Solutions Marine & Offshore’ (BV Solutions M&O).Aimed at the marine and offshore markets, BV Solutions M&O brings together services and people…

Arcadia Shipmangement Signs ABS Advanced Solutions EAM Agreement

Aug 07, 2018

Arcadia Shipmanagement Co. Ltd. selected ABS Advanced Solutions to implement an Enterprise Asset Management (EAM) Program to further enhance the reliability of its fleet of 15 tankers.The Advanced Solutions EAM program is designed to aid owners…

ABS Execs Discuss Key Maritime Topics in Singapore

Apr 27, 2018

ABS executives informed the industry conversation at Singapore Maritime Week, with presentations on the growing cyber security threat to maritime, new opportunities to take advantage of data, and the huge potential of LNG shipping for the region…

OutSmart, Kongsberg Join Forces on Wind Energy

Apr 17, 2018

Independent wind asset operations management specialist OutSmart BV has selected Kongsberg Digital AS to provide an integrated management system on the innovative Kognifai digital platform and ecosystem. The sophisticated digital solution will…

Inland Waterways Authority of India Engages KPMG

Feb 20, 2018

The Inland Waterways Authority of India (IWAI) has engaged consultant KPMG to study and devise a framework for operationalization and maintenance of the assets being built on NW-1 under the World Bank funded national waterways development project Jal Marg Vikas Project (JMVP)…

Sanjeev Gupta to Buy US-based Steel Assets in 2018

Dec 18, 2017

British industrialist Sanjeev Gupta is in talks to purchase and build more U.S.-based steel and industrial assets next year, after buying ArcelorMittal's Georgetown Steelworks at the weekend.Gupta, executive chairman of GFG Alliance which is a $10 billion metals…

Hess Corp Sells Offshore Equatorial Guinea Assets

Oct 24, 2017

Hess Corporation has entered into an agreement to sell its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650 million, effective January 1, 2017. “This sale is a further step in…

Odfjell Divests Share in Singapore Tank Terminal

Oct 19, 2017

Odfjell Terminals B.V. has entered into an agreement with a fund managed by Macquarie Infrastructure and Real Assets to sell its 50 percent ownership in Oiltanking Odfjell Terminal Singapore Pte Ltd for a price around $300 million. This implies…

HMM Looks for Profit in Q1

Dec 19, 2016

Hyundai Merchant Marine Co. (HMM) expects its profitability to improve slightly in the first quarter of next year on the back of an improvement in freight rates and its cost-cutting measures, reports Yonhap, quoting its chief executive Yoo Chang-keun…

BMT Asset Performance Launched

Dec 12, 2016

BMT Asset Performance, a subsidiary of BMT Group, has been launched following the recent decision to merge BMT Cadence which delivers safety and environmental risk management services and BMT Reliability Consultants which focusses on reliability and supportability engineering…

Maersk Drilling to Pilot GE’s Marine Data Analytic Tools

Nov 16, 2016

GE and Maersk Drilling have partnered for a data analytic-driven pilot project that aims to increase Maersk’s drilling vessels’ productivity and reduce maintenance costs by up to 20 percent. The two companies have collaborated to deploy SeaStream Insight…

ABS Seminars Advance Cybersecurity Knowledge

Oct 13, 2016

ABS brought together nearly 100 industry leaders, government officials, technical experts, and academic leaders in Singapore to discuss cyber-related threats and risks in the marine environment and explain the value of the ABS CyberSafety program…

Commodities to Struggle to Regain Stance in Portfolios -JPM

Oct 05, 2016

Commodities will battle to regain a prized place in many portfolios after the 'super cycle' fizzled out and in a world of muted global growth, executives at JP Morgan Asset Management said. The sector could, however, claw back a shred of…

Cyberhawk Innovations, Nordic Unmanned Join Forces

May 30, 2016

Cyberhawk Innovations, the world leader in unmanned aerial vehicle (UAV) and drone inspection and survey, has bolstered its international presence by signing a partnership agreement with Nordic Unmanned, Norway’s leading UAV operator. The…

Current News

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Odfjell Technology Boosts Asia Pacific Presence with New Contracts in Malaysia

Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services

CNOOC Starts Production at Gas Field in Bohai Sea

Shell In Talks to Sell Malaysia Fuel Stations to Saudi Aramco

Unique Group Acquires Subsea Innovation

ConocoPhillips Misses Quarterly Profit Estimates

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Russia Shipping Oil to North Korea Above UN Mandated Levels

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