When JPMorgan Chase & Co agreed to lead a $700 million bond offering for Russian gas producer Gazprom OAO, it was doing business that some U.S. banks are afraid to do, several lawyers and a banker said.Gazprom faces U.S. sanctions after the U…
Natural gas workers in Peru, South America's biggest exporter of liquefied natural gas, said on Friday they had pulled out of wage talks with Argentine energy company Pluspetrol and would vote on a possible strike in a few weeks.Pluspetrol leads the consortium that taps Peru's Camisea fields…
A helicopter crew from Coast Guard Air Station Miami hoisted an injured man Wendesday night from the Bimini Superfast ferry approximately 10 miles off the coast of Bimini, the Bahamas.Watchstanders in the Coast Guard 7th District command…
A paddling boat race will take place around Hong Kong Island on 16 November 2014 (Sunday). About 20 canoes and 6 rowing boats are expected to participate in the race.The boats will set off at 0815 hours at the south of Middle Island in a clockwise direction around Hong Kong Island…
Fortis Inc. President and Incoming CEO, Barry Perry, will present at the 49th Edison Electric Institute (EEI) Financial Conference in Dallas, Texas on Thursday, November 13, 2014 between 9:00 am and 9:40 am (Central Time). A live and…
Norwegian broadcaster NRK today reported that Aker Solutions' fabrication yard in Egersund, Norway, will be letting 1,500 temporary workers go after the new year. While it is common practice at the yard to adjust the temporary workforce to existing activity levels…
On November the 6th, Zamakona Yards Group successfully completed the launch of the ship “Ocean Falcon” at its facilities in Pasajes (San Sebastian, northern Spain).The ship is the third Zamakona Yards launches, of all three signed with the Norwegian shipping company Atlantic Offshore A…
The ongoing congestion in Manila has not improved. Consequently, the situation resulted in cumulative delays and build up of containers at the transhipment port in Singapore.In view of this, Hapag-Lloyd will temporarily halt booking acceptance…
A ceremony was held today at Hanoi University of Science and Technology (HUST), in Hanoi, Vietnam, to mark the commencement of the fifth year of courses endowed by Mitsubishi Heavy Industries, Ltd. (MHI). The courses are conducted at the…
HH Sheikh Ahmad bin Saeed Al Maktoum received The Maritime Standard Special “Maritime Visionary Award” in recognition of his exceptional foresight in supporting and revitalizing the UAE’s maritime sector in his role as Chairman of Dubai World…
A senior chief petty officer assigned to Nimitz-Class aircraft carrier USS George Washington (CVN 73) received the Bob Feller Act of Valor Award in a ceremony at the Navy Memorial in Washington, D.C., Nov. 5.Senior Chief Aviation Electronics Technician Carl M…
The global shipping market is unlikely to see a recovery during the next two years as it grapples with an oversupply of vessels, the chairman of China's largest shipping group said on Wednesday.The sector has been battling overcapacity since…
Gibbs & Cox, Inc., an independent naval architecture and marine engineering firm, announced the appointment of Patrick J. Keenan as Vice President, Platform Solutions Group. In this role, Keenan will have responsibility for leadership and management…
Traders and shipping companies scrambled to source fuel and take over supply contracts on Friday after Danish marine fuel supplier OW Bunker said a suspected fraud at its Singapore subsidiary had pushed it to the brink of bankruptcy.The…
The world's largest ship fuel supplier OW Bunker said it would file for bankruptcy as soon as possible to the probate court in Aalborg in the northern part of Denmark.OW Bunker said on Thursday it has discovered fraud by senior employees in its Singapore-based subsidiary…