New studies show huge economic and energy potential of untapped offshore areasTwo new studies released today by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added…
Sailors assigned to the Arleigh Burke-class guided-missile destroyer USS James E. Williams (DDG 95) participated in a community relations project in Port Victoria, Seychelles, Nov. 14.The project took place at Nature Seychelles, a local nature sanctuary…
The Department of International Relations and Cooperation, in collaboration with the Institute for Global Dialogue associated with UNISA, the Open Society Foundation South Africa, the Friedrich-Ebert-Stiftung and the South African Defense and Security Management Network…
International accountant and shipping consultant Moore Stephens is to make representation to Her Majesty’s Revenue & Customs in connection with recently issued draft revised guidance in respect of the U.K. tonnage tax regime, some of which it considers to be unhelpful…
Defense Secretary Chuck Hagel is expected to make a decision soon on how to make a new class of smaller warships more lethal and survivable, the Navy's top admiral said on Saturday.Chief of Naval Operations Admiral Jonathan Greenert expected…
The G20 communique will include a significant passage on climate change and an endorsement of an anti-corruption plan, European Union officials said on Sunday.'The most difficult discussion was on climate change,' an EU official said on condition of anonymity…
Cenovus Energy Inc , Canada's No.2 independent oil producer, said on Friday it has received regulatory approval for its Telephone Lake oil sands project, a facility that could eventually produce more than 300,000 barrels of oil per day.The…
With regards news reports involving SBM Offshore, Petrobras wishes to clarify the following:The company established an Internal Investigation Commission on February 13, 2014, the same day it became aware of the news about the alleged payment of bribes by SBM to Petrobras employees…
Leaders at the G20 Summit are seeking to lay the foundations for a new global energy trade regime to help ensure open markets and prevent oil and gas supplies being used as tools of foreign policy, the Australian newspaper reported on Saturday…
Notice of foreign vessels and crew arriving at PTK Cabang Cilacap (the Government terminal in Cilacap) must be sent to the Immigration office at least 48 hours (2x24 hours) before arrival.Failure to comply with this regulation will result in a fine of up to (equivalent to approximately USD 4…
The Shipping Corporation of India declared its unaudited financial results for the quarter ended 30.09.2014 posting a profit of Rs.18.59 Crores as compared to a loss of Rs.123.53 crores during the quarter ended 30.09.2013. This has resulted in a cumulative profit of Rs…
The U.S. Maritime Administration (MARAD) has granted $450,000 to AEP River Operations of St. Louis, Missouri, to modify the Motor Vessel (M/V) Christopher Parsonage into a fuel-efficient hybrid vessel that conserves fuel and reduces emissions…
Commissioner William P. Doyle's remarks at the Commission Briefing on Mid-Atlantic and Northeast Port Congestion Forum, November 13 2014 in Baltimore, MD. Commissioner Doyle's remarks, as follows:On October 1, 2014, Commissioner…
Eight of the 15 surviving crew members of a South Korean ferry that capsized in April have filed for appeal against their convictions on negligence charges in the country's worst maritime disaster in more than four decades.The eight crew members…
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…