How will Brexit affect contractors in the UK?

With March 2019 edging closer, everyone is waiting to see what the effects of the decision to leave the EU will be. For now, uncertainty reigns, with many contractors across the nation speculating about potential far-reaching implications.As a contractor in the UK, you may be wondering whether Brexit will have a positive or negative impact on your job,...

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Looking from the outside in: new industry report reveals how predictive analytics is set to transform oil and gas, but are we doing enough?

Insight from companies across the world brings the future in focus on the pace and development of predictive analytics. A new industry report launched today – an extension of the global Technology Radar survey series produced by Lloyd’s Register (LR) – reveals the pace, development and adoption of predictive analytics in oil and gas. The report...

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Zephyr Western Europe M&A Review, October 2018

Western Europe M&A volume and value decline in OctoberPE and VC value increases both month-on-month and year-on-year Both the volume and value of mergers and acquisitions (M&A) targeting Western European companies declined in October 2018, according to M&A information collected by Bureau van Dijk, a Moody’s Analytics company, and the leading...

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North American M&A volume the lowest since 2009, value struggles year-on-year

North American PE and VC investment up, boosted by six deals worth more than USD 1bn Mergers and acquisitions (M&A) targeting North American companies remained lacklustre in October as volume fell back once again, according to information collected by Bureau van Dijk, a Moody’s Analytics company, and the leading publisher of company information....

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GDPR Burdens Hinder M&A Transactions in the EMEA Region, According to Merrill Corporation Survey

Merrill Corporation survey highlights future challenges for EMEA dealmakers when complying with regulations, accelerating deals and harnessing the power of data. An increasing number of M&A transactions may be stalling because of concerns over GDPR compliance, according to a survey of EMEA M&A professionals conducted by Merrill Corporation, the...

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Shipbuilding

Shell Marine books major COSCO Shipping marine lubricants order

DECEMBER 6, 2017 — Shell Marine has been awarded China Ocean Shipping Group's largest marine lubricants order of 2017. This order will include the full range of marine lubricants and technical services for seven of COSCO Shipping's ten new generation Ultra Large Container Carriers (ULCCs). With capacities of approximately 20,000 TEU each, they were...

Resolve strengthens client services team

DECEMBER 6, 2017 — Resolve Marine Group has appointed Lindsay Malen-Habib as Manager of Client Services and Dimos Iliopoulos as its Representative in Greece. Lindsay Malen–Habib has 15 years' experience in maritime emergency response, business development and marketing and will be based in Resolve's head office in Fort Lauderdale, Florida. She has...

MOL plans to use LNG to fuel a coal carrier

DECEMBER 6, 2017 — Japan's Mitsui O.S.K. Lines, Ltd. (MOL) aims to move ahead with plans to use LNG to fuel a coal carrier. It reports that classification society Lloyd's Register has given Approval in Principle (AIP) to a design for such a vessel jointly developed by MOL, Tohoku Electric Power Co., Inc. and Namura Shipbuilding Co., Ltd. . The three...

MAN's ME-GI and ME-LGI engines mark operating hour milestone

DECEMBER 6, 2017 — MAN Diesel & Turbo reports that its low-speed ME-GI (Gas Injection) and ME-LGI (Liquid Gas Injection) dual-fuel engines have registered a cumulative total of 100,000 operating hours. The engines are drawing high praise from the shipowner with the largest number of them in operation: Teekay Gas, a daughter company of the Teekay...

Underwater permanent repair means no delay for chemical tanker

DECEMBER 6, 2017 — Underwater repair specialist Hydrex reports that it recently received an emergency call on a late Friday afternoon to carry out a permanent insert repair on board a 145 meter chemical tanker that had suffered a crack in its port side gray water tank. The required work was carried out during the vessel's stop in Amsterdam. In close...

De Nora names Kyriacou GM of Balpure BWMS business unit

DECEMBER 6, 2017 — Electrochlorination specialist De Nora has appointed Dr. Stelios Kyriacou as General Manager of its Balpure Ballast Water Management System (BWMS) business unit. He joins De Nora Water Technologies from Wärtsilä, where he managed the research, development, design and certification of the full Wärtsilä BWMS range. He...

Offshore Wind Energy Market Share Will Hit USD 57.2 Billion by 2022: Zion Market Research

Sarasota, FL, Dec. 05, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Offshore Wind Energy Market (By Foundation Type: Monopile, Jacket, Tripod, and Floating; and By Water Depth: Shallow Water and Deep Water): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022”. According to the...Sarasota,...

3D at Depth Partners with iQ3Connect to Deliver a Subsea LiDAR Virtual Reality Data Platform

BOULDER, Colo., Dec. 05, 2017 (GLOBE NEWSWIRE) -- 3D at Depth Inc., a global provider of advanced subsea LiDAR systems and solutions, has partnered with iQ3Connect Inc. (iQ3) to deliver a new data visualization tool to help clients build, maintain, map and monitor subsea assets, environments and resources. The partnership leverages the unique...BOULDER,...

Epiq Meets Growing Demand for Worldwide eDiscovery Capabilities with Document Review Services Center in India

ATLANTA, Dec. 04, 2017 (GLOBE NEWSWIRE) -- Epiq, a leading global provider of integrated technology and services for the legal industry, today announced the opening of its new document review services center in Hyderabad, India. The new location will accommodate growing demand for offshore document review, providing global and local clients with...ATLANTA,...

OCEANTEAM ASA - SOLUTIONS EXTENDS A LONG-TERM HIRE CONTRACT INCLUDING EXTENDED SCOPE WITH AN ADDITIONAL 2000T TURNTABLE

Oceanteam Solutions has recently signed a contract extension for the supply of additional equipment and engineering services. The 2000t turntable lay spread will be mobilised on the client's cable lay barge that already has an Oceanteam Solutions' 4000t turntable lay spread mounted on deck. Both turntables will work on the NordLink project until...Oceanteam...

Damen customer upgrades to a bigger Shoalbuster

DECEMBER 4, 2017 — Wijk bij Duurstede, Netherlands, headquartered ISA Towage BV recently named the latest addition to its flee, a Damen Shoalbuster 3209, in a ceremony at Damen Shipyards Hardinxveld. Named ISA, the vessel is the company's second Shoalbuster — and the second to carry that name. The first ISA was a smaller Shoalbuster 2709 delivered...

ABS strengthens digital leadership team

DECEMBER 4, 2017 — Classification society ABS has announced three senior management appointments as part of the organization's digital class strategy. "As our markets are increasingly shaped by digital technology, ABS is setting the pace in digital innovation," said ABS Chairman, President and CEO Christopher J. Wiernicki. "As part of our digital...

MHI reorganizes its shipbuilding business

DECEMBER 4, 2017 — Japan's Mitsubishi Heavy Industries, Ltd. (MHI) is reorganizing is shipbuilding business and, effective January 1, 2018, will establish two new wholly-owned companies, Mitsubishi Shipbuilding Co., Ltd. and Mitsubishi Heavy Industries Marine Structure Co., Ltd. Mitsubishi Shipbuilding Co., Ltd. will primarily undertake construction...

VIDEO: DNV GL Veracity platform helps Jotun optimize deliveries

DECEMBER 4, 2016 — Jotun is using DNV GL's Veracity platform to optimize the delivery of its marine coatings in port. Veracity creates a system where users can safely share data and link it to other quality assured datasets to extract value. In this case Jotun is using the Estimated Time of Arrival (ETA) dataset to ensure it has the right amount of...

TOTAL to supply CMA CGM with (a lot of) LNG for box ship newbuilds

DECEMBER 4, 2016 — Total and CMA CGM have signed an agreement covering the supply of around 300,000 tons of liquefied natural gas (LNG) a year for 10 years starting in 2020. This massive volume of gas, which sets a new record for an LNG bunkering agreement, will fuel CMA CGM's nine newbuild 22,000 TEU containerships, scheduled for delivery from Chinese...

Wärtsilä 20 diesel now packs more power

DECEMBER 4, 2016 — Wärtsilä is launching an upgraded, more powerful version of its well established  diesel engine. Cylinder output is upped from 185 kW to 220kW, increasing the engine's power density and enabling vessels to accommodate greater payloads or achieve faster speeds with almost the same low fuel consumption as the current version. The...

Carnival names third ship in Vista Class

DECEMBER 3, 2017—Carnival Cruise Line, Miami, FL, says the third cruise ship in its Vista Class will be named Carnival Panorama and will enter service in November 2019. The 133,500-ton Carnival Panorama will join its sister ships, Carnival Vista, which entered service in 2016, and Carnival Horizon, set to debut April 2, 2018.  The three...

Titan Medical Announces Filing of Final Prospectus

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Dec. 01, 2017 (GLOBE NEWSWIRE) -- Titan Medical Inc. ("Titan" or the "Company") (TSX:TMD) (OTCQB:TITXF) advises that it has filed and been receipted for a final short form prospectus (the “Final Prospectus”) in connection with the marketed...

Canadian Surface Combatant: Naval Group and Fincantieri propose to Canada a joint-offer based on the FREMM frigate design

PARIS, France, Dec. 01, 2017 (GLOBE NEWSWIRE) -- The Government of Canada has declared its intention to acquire an existing and proven NATO warship design that could be readily modified to best meet the Royal Canadian Navy requirements. French and Italian world-class shipbuilders Naval Group and Fincantieri, with the strong support of both...PARIS,...

LR launches speedier path to Type Approval

DECEMBER 1, 2017 — Classification society Lloyd's Register (LR) used this week's International Workboat Show in New Orleans to launch a new way for clients in the Americas to access LR Type Approval services. A Type Approval from LR demonstrates that a product conforms to recognised industry quality standards, International Conventions and/or the...