New ship building orders by Greek ship-owners worth an estimated Euro 750 million and the indications of market confidence in the global freight market at a 15-month high are positive news from the Greek economy for a change. This double boost signals a cause for optimism for the Greek economy as the country gets ready to welcome a windfall of nearly Euro 50 million linked to the projected revenue to be generated by the 10,000 international visitors who will attend this year’s Posidonia shipping exhibition. Denmark will also contribute with several Danish companies exhibiting individually or through their local agents. On top of this the Danish Marine Group will be present with 11 companies at the Danish pavilion at Posidonia 2010. These can be visited at booth number 207.

The newly founded Danish company SWORC A/S has developed a work boat specialized in collecting oil along the coastline and other shallow areas.

Erria Consulting has entered into one of its largest international assignments ever. Erria Consulting will participate as an advisor to an ongoing construction projects for PDVSA (Petroleos de Venezuela), the national oil company in Caracas, Venezuela.

HOUSTON, TEXAS – Zentech, Inc. announced today that it has signed an agreement with Knud E. Hansen A/S (KEH) of Elsinore, Denmark that will enable the two companies to work more closely on projects in the offshore wind farm and offshore oil and gas industries as well as the general maritime industry.

The joint efforts of DEIF and Decision3 have resulted in a concept that will reduce fuel consumption, cut emissions and add to your company’s green credentials.
DEIF and Decision3 have combined years of experience from more than 1,000 power management systems with unique intelligent mathematical modelling of ship operation.

The merger announced between MAN Diesel SE and MAN Turbo AG to form MAN Diesel & Turbo SE, based in Augsburg, is now complete, the corresponding entry having been made in the register of companies.

HYDRAtech, one of the world’s leading manufacturers and providers of high-quality and individually designed hydraulic cylinders, today announces its acquisition of CRC Manufacturing Inc., Alabama, U.S. Both companies serve a wide range of industries and applications, including offshore, marine, energy and mining.

SELCO launches three new products within integrated generator control systems which provide customers with a reliable and energy efficient power supply system at competitive prices. The new product line has been given the name FlexGen and the three versions will be named FlexGen Basic, FlexGen Compact and FlexGen Advanced.