Jannicke Nilsson has been appointed executive vice president and chief operating officer (COO) in Statoil ASA. She takes over the role from Anders Opedal, who will lead the development of Statoil’s growing and increasingly important operations in Brazil as new country manager…
Liquefied natural gas is not a panacea to reducing greenhouse gas emissions and its increasing use as a marine fuel could be worse for the environment than burning heavy fuel oil. In stark contrast to media reports claiming that the use…
At the recent annual Maritime Law Conference (MLA) held at Arabella in the Western Cape, various prominent government and international speakers took to the floor to debate and discuss national global maritime phenomena including inter alia…
The Dubai Maritime City Authority (DMCA) is set to facilitate a first-of-its-kind seminar dedicated to Middle East shipping and offshore activities. The event will be conducted by Clarksons Platou, a global leader in maritime brokerage and investment banking…
Russia's government wants to sell a state stake in oil giant Rosneft to 'real investors' but may force the company to buy its own shares to prop up the country's budget, First Deputy Prime Minister Igor Shuvalov said on Thursday.If Rosneft buys its own shares…
Nakilat, a shipping arm of Qatar’s liquefied natural gas (LNG) sector, held Qatar Project Shipping Forum (QPSF) in London over a span of two days. QPSF is as an important platform, established and organized by Nakilat in 2006, to address…
NewLead Holdings Ltd. Announces the Resignation of Michail S. Zolotas as Chairman of the Board of Directors, President and Chief Executive OfficerHAMILTON, Bermuda, Oct. 25, 2016 /PRNewswire/ -- NewLead Holdings Ltd. announced today that Michail S…
Buckeye Partners LP, which operates pipelines and other transportation and storage assets for liquid petroleum products, said it bought a 50 percent stake in the marine terminal company VTTI BV for $1.15 billion. VTTI is a unit of Vitol Group…
WISTA Cyprus has recently organized a training course for its members with the title “Energy Economics and Shipping”, hosting the Professor Michael Tamvakis from Cass Business School, City University in London. Professor Tamvakis presented…
Adolfo Valderas, a civil engineer, is CIMIC Group’s new Chief Executive Officer. Valderas was previously CIMIC Group Deputy Chief Executive Officer and Chief Operating Officer. Prior to that he was Chairman and Chief Executive Officer of Iridium Concesiones de Infraestructuras…
InterMoor, an Acteon company, has been awarded a Single Point Mooring (SPM) installation from PT Pertamina in Indonesia.The work is part of a contract for engineering, procurement, construction, installation and commissioning of Subsea Pipe…
Odfjell SE announced that Odfjell Terminals B.V. (OTBV), the joint venture holding company that owns and operates substantially all of Odfjell's tank terminals worldwide, has entered into an agreement to sell its 29.75 percent indirect ownership in Oiltanking Odfjell Terminals & Co…
SIMMONS EDECO, a supplier of wellhead and valve maintenance, asset integrity solutions and onshore drilling services to the global oil and gas industry, announced that Mark Hunt has been promoted to the newly created position of Operations…
The main exporters of thermal coal for coal-fired power plants to the U.K. have experienced a heavy decline in seaborne cargo volumes in 2016. This comes as a result of the U.K. starting a concerning trend for the dry bulk shipping industry…
Elektrans Group and a company affiliated to the reputed German tanker operator Chemikalien Seetransport G.m.b.H. (CST) and the consultancy and engineering company Marine Service GmbH have concluded a joint venture agreement to set up “CHEMTRANS India Private Limited”…