Kalmar, part of Cargotec, has received an order for three Kalmar Gloria reachstackers and one Kalmar empty container handler to PD Ports' Teesport facility in the United Kingdom. The order was signed in July 2014 with delivery in December 2014…
CaroTrans, a leading global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, today announces their U.S. West Coast port readiness program to address potential supply chain disruptions. Congestion and current labor issues are impacting the flow of cargo at U…
Baker Hughes Incorporated today confirmed that it has engaged in preliminary discussions with Halliburton Company regarding a potential business combination transaction. The firm said that the discussions may or may not lead to any transaction…
EnQuest reported its production from 1 January to 31 October 2014 averaged 27,567 Boepd, up c.19.2% on the same period last year. This reflects strong production from EnQuest's existing hubs and from the newly acquired assets in Malaysia and Tunisia…
Last Thursday (November 6th), at a formal ceremony in Lima, Petrobras completed the sale of 100% of the shares of its wholly-owned subsidiary Petrobras Energia Peru (PEP) to the China National Petroleum Corporation (CNPC), for the sum of US$2…
Gazprom and Moldovagaz signed supplements to the existing gas supply and transit contracts in Chisinau today. The documents inked as part of a working meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Adrian Candu…
The Board of Directors of Swissco Holdings Limited has entered into a joint venture with Union Offshore Ltd, a company incorporated in the Republic of the Marshall Islands. The joint venture has secured a charter contract with an approximate…
Rosneft Head, Executive Secretary of Russian Presidential Commission on Strategic Development of the Fuel and Energy Sector and Ecological Safety Igor Sechin participated in the ceremony of reconstruction of Sayano Shushenskaya Hydroelectric Station…
The United States Coast Guard (USCG) has granted Alternate Management System (AMS) acceptance for Wärtsilä's Aquarius EC Ballast Water Management System (BWMS). This allows all US and foreign flag ships fitted with this system to operate…
As part of the APEC summit in Beijing, a number of documents related to the Russian-Chinese cooperation in the energy sector were signed today in the presence of Russian President Vladimir Putin and Chinese President Xi Jinping.Alexey Miller…
The transaction has the value of $0.72 Per Common Share Plus Repayment of Debt; acquisition Accretive to Matson's Earnings and Cash Flow. Separately Horizon to Sell Hawaii Operations to Pasha and Terminate Puerto Rico Operations.A Matson…
PaR Systems, Inc. has been awarded a contract by Thales UK to design, test and supply Lithium-Ion Battery Charging and Storage Systems for installation on the Queen Elizabeth Class Aircraft Carriers. The charging and storage system will incorporate COMFIRE…
Two senior trading heads have left Brightoil Petroleum Holdings Ltd, and the company has hired a former executive from China's state-run Sinochem, marking a reshuffle at its Asia trading operations, senior trading sources said.Brightoil's…
Cairn has made a discovery of high quality oil in the second well in the Senegal exploration programme.The SNE-1 well is located in 1,100 metres (m) water depth and approximately 100 kilometres (km) offshore in the Sangomar Offshore block with a target depth of ~3…
Diana Containerships Inc. (NASDAQ: DCIX), said that on November 5, 2014, it signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase from an unaffiliated third party a 2005-built Post-Panamax container vessel of approximately 5…