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Wärtsilä's Hamworthy Integration Begins

Expects to double net sales of its 2 new business units Flow and gas, and Environmental solutions, in the next five years.

Zim Posts $397 Million Loss for 2011

Israeli container line blames tough market conditions and rising competition.

China Access for Vale's New VLOCs 'Within Months'

World's largest iron-ore producer says the massive ships are "here to stay".

Torm in Talks with Two Potential Investor Groups

Conditional proposals submitted to inject $100 to $200 million in equity and cash initiatives.

Chemoil Posts Pre-Tax Profits of $67.7m

Profits rise $79 million; posts record volumes of 22.5 million tonnes

Total Joins World Ocean Council

The oil and gas giant is the first French company to join.

Exhaust Monitor Joins SEAaT

Kittiwake Procal "delighted" to join the pro-active environmental group

Military to Use Wind Power to Cut Bunker Costs

Irish Navy looks to develop high-tech Kite Sails, could be in use "in a few years time"

Bunker Sales Boost Brightoil Profits

Preliminary accounts review shows an increase in profit for the six months to December 31, 2011.

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