Latest News - page 1869


Ensco plc Reports 3Q, 2014 Results

Oct 31, 2014

Ensco plc  today reported earnings per share from continuing operations of $1.93 in third quarter 2014, up 16% from $1.66 in third quarter 2013. Adjusted for a $0.06 per share gain on the sale of four jackup rigs, third quarter 2014 diluted earnings per share from continuing operations were $1…

Chevron Announces Quarterly Dividend

Oct 31, 2014

The Board of Directors of Chevron Corporation today declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable December 10, 2014, to holders of common stock as shown on the transfer records of the Corporation at the close of business on November 18, 2014.

Fukushima Offshore Floating Wind Farm Update

Oct 31, 2014

A consortium has been participating in an experimental offshore floating wind farm project sponsored by the Ministry of Economy, Trade and Industry since March 2012.  Preparatory works for the installation of the 7MW oil pressure drive-type…

Wärtsilä Propulsion Equipment for 2 Fishing Vessels

Oct 31, 2014

Two new 78 metre purser/trawler fishing vessels being designed and built at Karstensen Shipyard in Denmark will feature Wärtsilä's main propulsion and control equipment. The ships have been contracted by Lunar Fishing, the Scotland based fishing company and will operate in the North Sea…

MHI to Change Name of Group Company

Oct 31, 2014

Effective November 1 Mitsubishi Heavy Industries, Ltd. (MHI) will change the name of its group company in Singapore from Mitsubishi Heavy Industries Engineering & Services Private Ltd. (MIES) to Mitsubishi Heavy Industries Asia Pacific Pte…

Easing US Oil Export Ban Unlikey to Raise Gasoline Prices

Oct 30, 2014

A government study on Thursday essentially supported the notion that easing the decades-old restriction on exporting U.S. crude was more likely to lower than raise gasoline prices for American motorists, a conclusion that could ease concerns among lawmakers about changing the policy…

Exmar Optimistic About Gas Carrier Market into 2015

Oct 30, 2014

Belgian gas shipping group Exmar said on Thursday that the market for its very large and midsize gas carriers was at historically high levels in the third quarter and was expected to remain good in spite of new vessels being delivered in 2015…

Rep. Cummings Receives Maritime Service Award

Oct 30, 2014

On Wednesday, October 29, Congressman Elijah E. Cummings (D-MD) delivered keynote remarks at APL Maritime’s Senior Management Conference, and received an award recognizing his service to the maritime industry.“The U.S. flagged oceangoing fleet is vital to our nation’s security…

LA Governor Jindal Appoints Bollinger's Barker

Oct 30, 2014

Louisiana Governor Bobby Jindal appointed James 'Ray' Barker to the Louisiana Workforce Investment Council. Barker, of Raceland, is the Director of Human Resources at Bollinger Shipyards, Inc. The Louisiana Workforce Investment Council serves…

Confidence High in UK Logistics Sector

Oct 30, 2014

The latest U.K. Logistics Confidence Index commissioned by Barclays and Moore Stephens reveals that confidence in the U.K. logistics sector remains high but more controlled over the past six months as familiar challenges persist.The index…

General Dynamics NASSCO Wins Environmental Award

Oct 30, 2014

General Dynamics NASSCO, a business unit of General Dynamics, was recognized for its environmental conservation and leadership efforts to continuously implement energy-efficient solutions at its San Diego shipyard.This week the company received…

Shell Board Appoints Holliday as Chairman

Oct 30, 2014

Royal Dutch Shell plc’s board of directors has appointed Charles O. Holliday as chairman with effect from the conclusion of the 2015 Annual General Meeting (AGM), subject to his reappointment as a director of the company by shareholders at the AGM…

WSS Appoints Ships Agency Manager for Singapore

Oct 30, 2014

Wilhelmsen Ships Service (WSS) has appointed Jason Chin as Ships Agency Service Manager, Singapore. With over 15 years’ experience in the maritime and shipping industry, Chin will lead a team carrying out more than 3,700 ships agency services every year…

Braemar Hosts Insurance Experts

Oct 30, 2014

Braemar (incorporating The Salvage Association) welcomed an invited group of marine insurance professionals onto its specialist port and shipyard familiarization course in Falmouth designed to introduce participants to the technical aspects of marine surveying…

Kirby Corp. Announces Record 3Q Results

Oct 30, 2014

Record 2014 third quarter earnings per share of $1.34 compared with $1.21 in the 2013 third quarter, which included a $0.08 benefit due to the reduction of the United earnout liability.Kirby Corporation announced record net earnings attributable to Kirby for the third quarter ended September 30…

Current News

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Cuba Maritime & Port Celebrates Three Years of Industry Innovation and Collaboration

Melvin Resigns as President of South Carolina Ports Authority

Brazil Ships More Iron Ore to China, Competitors Lag

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