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…
Gazprom and Moldovagaz signed supplements to the existing gas supply and transit contracts in Chisinau today. The documents inked as part of a working meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Adrian Candu…
Seaspan Corporation announced today that it accepted delivery of a 10000 TEU containership, the MOL Breeze. The new containership, which was constructed at Jiangsu New Yangzi Shipbuilding Co., Ltd., is Seaspan's sixth 10000 TEU SAVER design containership delivered in 2014…
New Toolkit Will Assist U.S. Ports in Securing Funding for Infrastructure Projects The U.S. Department of Transportation’s Maritime Administration (MARAD) today released the first module of the Port Planning and Investment Toolkit, a manual designed to aid U…
MOL, Ultranav, OSG and Asahi Tanker reach agreement to pool product tanker operationMitsui O.S.K. Lines, Ltd. (MOL) announced that a pool agreement governing the formation of a new medium range pool has been signed among the partners: MOL…
USCG stresses importance of design and testing of emergency system controlsThe U.S. Coast Guard (USCG) issued a safety alert to remind shoreside and vessel personnel of the importance of designing and maintaining emergency systems to be logical and easily operated in high stress situations…
Odfjell SE held a general meeting November 12, 2014 at which the nomination committee elected Annette Malm Justad as its new director of the board.Annette Malm Justad is a Norwegian citizen born in 1958. She has a master's degree in chemical…
Mitchell Machann, an associate in Blank Rome LLP’s Houston office, recently co-founded YoungShip Texas with TITAN Salvage’s Lindsay Malen. This new branch is the 18th in YoungShip International’s global network, and the first in the United States…
Joachim Kjaeldgaard Pedersen has been promoted as Trumf 's Head of Trading, Europe & Americas.Pedersen has been with Trumf since 2009 and has shown strong commitment and willingness to lead and train the company’s bunker suppliers. This, combined…
CMA CGM said it will implement a low sulfur surcharge on all its trades in Emission Control Areas (ECAs) and for all cargos as of January 1, 2015.MARPOL Annex VI regulations for the prevention of air pollution from ships assign Sulfur Oxides…
Mitigating the risk of collision at sea requires an understanding of the causes. The new industry guidance issued by Lloyd’s Register aims to help make offshore operations safer for marine and energy operators.Lloyd Register’s new Guidance Notes for Collision Analysis assist owners…
'Ebola - Staying Safe,' produced by maritime e-learning provider Videotel explains the dangers of ebola and its impact on ships and seafarersKVH Industries, Inc. is offering Videotel's new video about Ebola safety free to all mariners worldwide…
The Board of Directors of Swissco Holdings Limited has entered into a joint venture with Union Offshore Ltd, a company incorporated in the Republic of the Marshall Islands. The joint venture has secured a charter contract with an approximate…
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 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…