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SAL Heavy Lift Handles Ichthys LNG project

Dec 05, 2014

SAL Heavy Lift GmbH, the leading Heavy Lift operator, has successfully completed a series of complex and sensitive shipments totalling more than 100,000frtts for the Ichthys LNG Project near Darwin, NT.SAL Heavy Lift was contracted by the Project’s freight forwarder SDV…

Shell to Put Teekay’s LNG Newbuilds into service

Dec 05, 2014

Subsidiaries of Teekay LNG Partners L.P. and a wholly owned company of Royal Dutch Shell plc today announced that they have entered into time-charter contracts for five newbuild LNG carriers. The vessels will operate as part of Shell's global…

Update on Timing of Wressle-1 Well Testing

Dec 05, 2014

Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe informed about Egdon Resources' timing of operations to test potential hydrocarbon…

Discovery of the Pobeda Field Confirmed

Dec 05, 2014

State commission on reserves confirmed the fact of discovery of the new arctic oil and gas field Pobeda on the Kara sea shelf. The field was discovered as the result of the drilling of the northernmost well in the world – the Universitetskaya-1 well…

Norec Summons to bondholders' meetings

Dec 05, 2014

In the previous stock exchange notices where Norwegian Energy Company ASA has informed of expected impairments of Oselvar and Huntington and negative developments in production performance, including its announcement on 19 November 2014 where…

Petrobras Starts Furnaces at RNEST Refinery

Dec 04, 2014

Petroleo Brasileiro SA began operating the furnaces in the atmospheric distillation unit at its Abreu e Lima or 'RNEST' refinery near Recife, said the state-run oil company in a statement on Thursday.The furnaces began operation Wednesday…

Canada's Harper Remains Confident of Budget Balance Despite Cheap Oil

Dec 04, 2014

The sharp decline in oil prices should not prevent Canada's Conservative government from balancing its next fiscal year budget according to Prime Minister Stephen Harper.He noted that the federal government does not get direct royalties from oil companies…

Powering Ahead with Wind Assist Technologies

Dec 04, 2014

No longer an abstract ‘pie-in-the-sky’ technology, wind assist propulsion could well be a game-changer in the ‘Carbon Wars.’ Wind assist technologies have come of age for shipping companies. A panel discussion entitled “Accelerating Adoption of Double Digit Fuel Saving Technologies…

Shipbuilding’s Dilemma: Good Problems to Have.

Dec 04, 2014

If shipyards are the bellwether of maritime market trends, then U.S. yards should today be considered the industry’s market leaders, as well. Notwithstanding the recent (and dramatic) drop in global crude oil prices, the ongoing, so-called ‘domestic…

2H Offshore Relocates to Larger Facilities

Dec 04, 2014

2H Offshore, an Acteon company, has invested in office facilities in Malaysia and Australia, to support ongoing growth in the Asia Pacific region, the company announced. “The subsea oil and gas industry in Asia Pacific continues to grow rapidly…

KR Elects Bum-shik as Chairman, CEO

Dec 04, 2014

On 4 December, in Seoul, at an extraordinary meeting of the general assembly, the Korean Register (KR) elected Dr Park Bum-shik, formerly COO (Chief Operating Officer) of the Korea P & I Club as its new Chairman & CEO.  Dr Park graduated…

Liberia Releases Mandatory MLC Compliance Report

Dec 04, 2014

The Liberian Maritime Authority has released the mandatory MLC Annual Report for 2013. This report confirms that Liberia’s approach to enforcement of the Maritime Labour Convention (MLC) 2006 has resulted in low deficiency rate for Liberian-flag ships…

300 kilos Cocaine Intercepted in Portsmouth Port

Dec 04, 2014

The drugs were seized following the search of the cargo vessel Star Stratos at Portsmouth port yesterday evening.Approximately 300 kilos were discovered concealed within a shipment of bananas which had originated in Colombia.Investigations…

USCG Report Vessel Traffic Restriction on ICW

Dec 04, 2014

Vessel traffic on the Intracoastal Waterway near Bal Harbor, Florida is restricted following an incident involving a yacht and the Broad Causeway bridge. Due to the incident, only the bridge's west leaf is able to open.  Restrictions…

Lerwick Port Strengthening Top Deck

Dec 04, 2014

The Board of Lerwick Port Authority is strengthening its senior management team in support of continuing activity and development at the busy harbour.The move follows an external organisational review, particularly looking at the staff…

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