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Wednesday, 09 January 2019 18:15

SurfWEC to Tap Ocean Wave Power

New Jersey based marine engineering firm Martin & Ottaway together with industry partners, has formed a new company, SurfWEC LLC,…
Friday, 23 November 2018 17:00

DEME Launches Orion

Belgian offshore vessel owner DEME has launched its next generation, giant new offshore installation vessel ‘Orion’ in a ceremony at…
Monday, 24 April 2017 07:55

PowerBuoy deployed off Kozu-shima Island

An Ocean Power Technologies' PB3 PowerBuoy has been deployed off the coast of Kozu-shima Island in Japan as part of…
Monday, 29 August 2016 21:52

Bumi Q2 earnings decline

Malaysian FPSO player Bumi Armada reported 12.2% lower revenue of RM402.9 million and net loss of RM518.3 million in Q2…
Monday, 08 August 2016 00:43

Cosco runs up Q2 loss of SG$36.8m

SGX-listed Cosco Corp. recorded loss of SG$36.8 million in Q2 2016 compared to loss of $4.8 million in Q2 2015…