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China to Implement Emission Control Measures

The Chinese Ministry of Transport has announced that from April 1, 2016, vessels ‘at berth’ at the core ports in the Yangtze River Delta (YRD) emission control area (ECA) must use fuel oil containing 0.5 percent sulphur…

People & Company News

ABB Makes 5 km Subsea Operations Safe

Marine software and hardware to assist multi-purpose diving support vessels in complex deepwater projects Power and automation technology group ABB will provide the technology that will help three vessels safely carry…

People & Company News

Caterpillar Q4 Revenue Dips 23 pct

Caterpillar Inc's quarterly revenue slumped 23 percent as weak commodity prices and slowing economic growth in developing countries hit demand for its products. The world's largest construction and mining equipment…

People & Company News

Wartsila Projects 2016 Profit Growth

Finnish industrial engine maker Wartsila reported higher quarterly earnings on Wednesday and forecast improved margins this year, hoping growth in services would offset sluggish demand for ship technology. The company…