Senior Chinese and Vietnamese officials have agreed to settle their maritime disputes without resorting to 'megaphone diplomacy', the official Xinhua news service said on Saturday.The agency's report follows a meeting in Hanoi on Friday…
Mexico's state-run oil company Pemex said on Friday its crude oil production held steady in November from the previous month at 2.363 million barrels per day (bpd), the lowest monthly figure on record.Crude export volumes in November were up 8…
Panama's economic growth accelerated in October from a year ago, the government said on Friday.The economy grew 5.54 percent, its fastest rate so far this year, and up from 5.10 percent in September, due to an improvement in fisheries…
UTEC StarNet a division of global offshore survey company UTEC has strengthened its UK team with a key appointment.Colin McHardy has joined the management team in the role of Business Unit Director and will assume day-to-day management and growth of the company…
Global oil markets fell again on Wednesday in holiday-thin trade, extending more than a week of see-saw volatility as traders jousted over whether a growing supply glut had been fully priced in.Oil whipped lower early in the day and tested new lows after U…
A man who was stranded on an island in the Bahamas for five days is safe after the Coast Guard rescued him Thursday afternoon.Rescued was Andrew Black, Bahamian national, 55-years old.While on a routine patrol, a Coast Guard MH-60…
The 29th of December 2014 DFDS Logistics will have the 1st sailing on the new route from Northern Germany to Norway. The loop of the new route will be Oslo-Halden-Bremerhaven-Hamburg-Oslo. The vessel on the new route will be MV Lysvik Seaways…
DP World’s Mina Rashid port has successfully defended its title as the World’s Leading Cruise Port, for the seventhconsecutive year, at the prestigious World Travel Awards 2014.As the opening of the ultra-modern third cruise terminal was inaugurated by its namesake…
“The WESMAR thruster works really well. It turns the boat on a dime,” says Wylie Sacks of Pembroke Pines, Florida, who with his son, ‘Vinnie,’ a 100-ton licensed captain, operates a charter boat out of Ft. Lauderdale, Florida. They installed…
A new combined cycle gas turbine unit (PGU-420) with a capacity of 420 MW was commissioned today at CHPP-16 of Mosenergo in Moscow.Taking part in the event were Alexey Miller, Chairman of the Gazprom Management Committee, Sergey Sobyanin…
APM Terminals operated Gujarat Pipavav Port Ltd (APM Terminals Pipavav) and NYK Auto Logistics (India) today announced setting up of a dedicated automobile yard (RoRo) at Pipavav Port. Under the arrangement, NYK Auto Logistics (India) Pvt…
Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) and Reliance entered into a strategic association for transportation of Liquefied Ethane from United States to India. This will make MOL to be the first shipping company who is dedicated…
The Coast Guard is responding to a barge collision on the Ohio River near Joppa, Illinois, Wednesday.Coast Guard Sector Ohio Valley watchstanders were notified a collision took place between the towing vessel Christina Belcher, pushing two crude oil barges…
Ithaca Energy Inc. announced the appointment of Mr Roy Buchan as Chief Operations Officer, starting 5 January 2015.Mr Buchan has over 30 years of operational experience in the oil and gas industry. He has held various technical and senior…
USS Peleliu (LHA 5) returned to Naval Base San Diego Dec. 24 from a six-month deployment to the Western Pacific.Upon return, the ship will make preparations to decommission in March after 34 years of service, 17 deployments and more than a million miles transited…