Global demand for offshore wind farms drives significant Osbit growth

Leading North East England engineering company Osbit Ltd has recruited 26 new employees to support its offshore wind projects. The company, which develops large-scale equipment used to construct offshore wind farms, has taken on new employees across the business. The intake consists of 11 Osbit engineers, three support staff, and one health, safety, security, environment […]

WFW advises lenders on US$1bn financing for 45 vessels

Watson Farley & Williams (WFW) has advised BNP Paribas as documentation bank and DNB Bank ASA, New York Branch as agent on a US$1bn term and revolving credit facility to Scorpio Tankers. The over-subscribed credit facility provided by a group of banks will be used to finance 45 product tankers. Consisting of a 50% term […]

MSC joins SEA-LNG as latest coalition member

SEA-LNG, the multi-sector industry coalition established to demonstrate the benefits of the LNG pathway as a route to shipping’s decarbonisation, today welcomes MSC Mediterranean Shipping Company, the world-leading shipping company, as its latest member. In recent years, MSC Mediterranean Shipping Company has made investments in LNG-fuelled vessels in the different sectors it operates within. In […]

UN Office on Drugs and Crime counters maritime crime with simulation software

Tackling drug and contraband trafficking around the complex coastlines of Southeast Asian countries requires skilled personnel to be well-trained in maritime surveillance. With such unpredictable scenarios, simulation provides the perfect tool to allow operators to learn from previous events. The Global Maritime Crime Programme of the United Nations Office on Drugs and Crime (UNODC-GMCP) Regional […]

Veson Nautical and GeoServe collaborate to advance port disbursement workflows

Veson Nautical (Veson) has announced a collaboration with GeoServe. The integration will connect the Veson IMOS Platform (VIP) and GeoConnect, GeoServe’s port disbursement accounting platform, to help streamline, optimize, and seamlessly manage port disbursement workflows and synchronize port cost data. GeoConnect aims to revolutionize the perception of port disbursement handling by transforming this value-added service into […]