Wartsilä Moves to Italy Resulting in 450 Face Layoffs
Wärtsilä announced plans to cut down manufacturing in Italy while it centralizes its European 4-stroke engine building business to Finland.
14 Jul 2022
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5 Jul 2022
Green Hydrogen Plant To Be Developed in Amsterdam Port
Hydrogen company HyCC launched a project called Project H2era that plans to construct a 500MW green hydrogen plant in the Amsterdam port.
Ukrainian Grain Starts Shipping Through Danube Rivermouth
Despite Black Sea port blockade by Russia, Ukraine gave foreign markets hope as ships passed through mouth of the Danube to increase grain export
Euronav & Frontline Merge in an All-Stock Deal
Belgian Euronav NV & Norwegian Frontline sign definitive combination agreement to merge aiming to create a global independent oil tanker operator
No More Strike for Offshore Oil and Gas Workers in Norway
Union leader & labor ministry say Norwegian government stepped in to end the strike in the petroleum sector that interrupted oil & gas output.