– Oil and Gas: North Sea costs, spending to rise in 2018; Industrial Equipment: Milacron bets on service for revival, particularly in the midst of the US-China trade war; Power: GE’s power unit will take a long time to fix; Renewables: Wind and solar are growing fast globally, but faster in India and China; 3D Printing: A UK based supplier is providing a 3D printed part replacement service for obsolete farm equipment; Service technology: GE cuts wind turbine blade inspection time to 15 min with new technology; Mobility: Bosch set to unveil electric van sharing service this year; Service Contracting: Wärtsilä extends maintenance contract for 46 cruise ships for 10 years; Oil and Gas: Rowan & Ensco merge to create new oil drilling and services giant .–
New tariffs between the U.S. and China will increase Cincinnati's Milacron operating expanses by at least $10 million.
Frustration with the pace of change contributed to the ouster of GE CEO John Flannery, but problems in the industrial company's power business defy a quick fix.
In 2018, emerging markets, particularly large ones such as India and China, are set to overtake developing countries in wind and solar energy growth.
24shares2400BuyAnyPart, a UK-based online spare part supplier, has announced 3D printed part replacement service for obsolete farming equipment. The online database currently houses 500,000 replacemen
The Germany-based automotive manufacturer, Bosch, has announced it is set to unveil a van-sharing service in the country this year as part of an effort to increase its interest in the pay-per-minute vehicle rental services industry, Reuters reports.
Wärtsilä has agreed to provide maintenance services, technical assistance and spare parts for 46 of the cruise ships in Royal Caribbean Cruises Ltd.’s (RCL) fleet until 2028. First signed in 2013 to cover a 10-year period, the companies’ agreement has been extended by five years to help RCL to benefit from predictive maintenance planning so it can reduce lifecycle costs, optimise operations and increase safety. According to the new agreement, Wärtsilä...
Two of the leading offshore drilling contractors have agreed to merge creating an industry-leading drilling contractor capable of working across all water depths with a truly global footprint
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