The Short-Term Energy Outlook (STEO) released on August 11 forecasts that North Sea Brent crude oil prices will average $54 per barrel (b) in 2015 and $59/b in 2016, which is $6/b and $8/b lower than projected in last month’s STEO, respectively (Figure 1)…
More than 100 city officials, educators, community members, and representatives from the river industry attended West Kentucky Community and Technical College’s open house and ribbon cutting for its Inland Logistics and Marine Institute (ILMI) August 10…
The Board of Directors of Sulzer was surprised to hear of Klaus Stahlmann's personal decision to step down as CEO of Sulzer AG. The Board of Directors acknowledges Mr. Stahlmann's contribution to Sulzer's realignment, but in the interests…
Divers Northern Fleet raised from the bottom of the Kola Bay, an American anti-aircraft gun, which lay there for 70 years.Earlier it was reported that the specialists of the search and rescue (UPASR) Northern Fleet (NF) completed the…
Alberta's energy regulator said on Saturday it is investigating reports that about 30 blue herons have died at a Syncrude Canada oil sands mine site in the northern part of the Canadian province.The Alberta Energy Regulator said it sent investigators to the Syncrude Canada Mildred Lake site…
If you are operating in Class C, C Restricted, D or E waters, and are required to meet the National Standard for Commercial Vessels (NSCV) Part C7A (Safety Equipment), you now have flexibility to determine the type and quantity of first aid supplies that are appropriate for your operation…
Dun & Bradstreet nnounced today the appointment of Cindy Christy, president and chief operating officer of Asurion Corporation, to the company's Board of Directors, effective immediately.In this role, Christy will share her broad experience…
LOC, a leading global marine and engineering consultancy for the shipping and offshore energy industry announces the expansion of its European operations with the opening of its Paris office today (4 August 2015).The office is the first…
In line with LOC’s continual global growth and strengthening of the senior management team, Britain has been appointed as Managing Director of the London operation.Jonathan Britain joins LOC as Managing Director, LOC London having previously headed-up Bureau Veritas’s UK industry division…
Heidmar announced the promotion of Duncan Ross to Fleet Manager.Duncan joined Heidmar’s London office in 2012 as vessel manager. Prior to joining Heidmar, he sailed on a number of vessels over a six-year period.Duncan will be responsible…
Rolls-Royce appointed Alan Davies as a Non-Executive Director. He will join the Board with effect from November 1, 2015 and will become a member of the Nominations and Governance Committee, and the Audit Committee. Alan Davies is currently…
The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced that it is providing $500,000 to support a feasibility study for the design, construction, and operation of a high-speed passenger ferry powered by hydrogen…
NewLead Holdings Ltd.announced today a review of the commercial competency of one of its bitumen tanker vessels, the MT Sofia since the vessel was delivered to NewLead's fleet.The Sofia is a 2008-built bitumen tanker vessel of 2,888…
BMT Cordah, a subsidiary of BMT Group announced the appointment of Andrew Glass as Managing Director.Glass will be responsible for leading the business in implementing strategy, direction and policy, ensuring the company continues to provide…
ABB transformer technology supports Norway’s push to increase the volume of clean energy it can transport reliably over its grid using existing transmission corridorsABB, the leading power and automation technology group, has won an order…