Latest News - page 1852


Russian Hydroelectric Rebuilding Begins

Nov 12, 2014

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…

SBM Offshore Reaches Out-of-court Settlement

Nov 12, 2014

SBM Offshore today reached an out-of-court settlement ex Article 74 of the Dutch Criminal Code with the Dutch Public Prosecutor's Office (Openbaar Ministerie) over the inquiry into alleged improper payments.  Furthermore, the United States…

Scorpio Tankers' Qtrly Dividend up 20%

Nov 12, 2014

Scorpio Tankers Inc. announced today that it has declared a quarterly dividend of $0.12 per share, reflecting an increase of 20% over the previous quarterly dividend, has entered into an agreement to purchase two newbuilding LR2 product tankers…

US Approval for Wärtsilä's BWM System

Nov 12, 2014

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…

Aden Port Regains Transshipment Business

Nov 12, 2014

Aden Port Development Company and a number of its staff received the giant container ship Ever Logic of Evergreen Shipping Line with a length of 335 meters and a tonnage of 8452 TEU, which berthed at ACT on Sunday, Nov. 9, 2014 to discharge transit containers to neighboring ports…

Ensco plc Declares Cash Dividend

Nov 12, 2014

Ensco plc announced today that its Board of Directors has declared a regular quarterly cash dividend of US$0.75 per Class A ordinary share payable on 19 December 2014. The ex-dividend date for this payment is expected to be 4 December 2014…

SERS Partners IEMS for Enhanced Oil Spill Response Services

Nov 12, 2014

Dubai-based Swire Emergency Response Services (SERS), a fully owned subsidiary of Swire Pacific Offshore group, announced its partnership with Mediterranean-based International Environmental and Marine Services (IEMS) to jointly provide Tier 2/3 response services to clients in Europe…

Russia & China Agree on Gas Supplies

Nov 12, 2014

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…

Lamprell Wins Daman Corporate Health Award

Nov 12, 2014

Lamprell (ticker: LAM), a leading provider of diversified engineering and contracting services to the onshore and offshore energy industry is delighted to announce that, last Wednesday 5 November, the Group was declared as a winner at the…

Matson To Acquire Horizon's Alaska Operations

Nov 11, 2014

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…

AAPA Honors Three for Port Industry Service

Nov 11, 2014

The American Association of Port Authorities (AAPA) – a trade group representing ports throughout the Western Hemisphere – today at its 103rd Annual Convention and Expo in Houston honored three port industry leaders.Receiving AAPA’s Distinguished…

Doyle Named to SGMF Training and Competency Working Group

Nov 11, 2014

USMRC’s Margaret Doyle named to SGMF Training and Competency Working GroupThe United State Maritime Research Center in Middletown, Rhode Island announced that Margaret Kaigh Doyle has been named the U.S. vice chairperson of the Training…

Faststream Adds Eight Recruiting Staff

Nov 11, 2014

Recruiting hires reflect demand for talent in the oil and gas and maritime sectors, across the U.S. and globeFaststream, an oil and gas and maritime recruiting and staffing services company, hired eight recruiters in its Houston and Fort…

Ince Plots Leadership Succession Plan

Nov 11, 2014

Ince & Co, the international commercial law firm, announced that, after two terms in office, James Wilson will be stepping down as International Senior Partner in January 2015. Under new arrangements, James will be succeeded as International…

Liberian Registry, MOL Provide Supplies to Ebola-hit Liberia

Nov 11, 2014

The Liberian Registry has used a $10,000 donation from Mitsui OSK Lines (MOL) to procure medical supplies to help combat the spread of Ebola in Liberia.The supplies, comprising essential materials and medical equipment such as PPE (Personal Protective Equipment) suits…

Current News

Algorithm Accountability

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Maersk Raises Full-Year Profit Forecast

World’s First Green Ammonia Bunkering Operation Completed in Dalian

Subscribe for Maritime Logistics Professional E‑News