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Navy Cuts One Littoral Combat Ship in 2015

Apr 10, 2014

U.S. Navy Aims To Smooth Impact Of Fiscal 2015 Cut To Ship Orders Add to Collection(Oil)|PrintDownload:Plain TextXMLAll    WASHINGTON, April 10 (Reuters) - The U.S. Navy hopes to smooth out the impact on Lockheed Martin Corp…

Energy Takes Centerstage in U.S., Russia Dispute

Apr 10, 2014

President Vladimir Putin warned on Thursday that Russian gas supplies to Europe could be disrupted if Moscow cuts the flow to Ukraine over unpaid bills, drawing a U.S. accusation that it is using energy 'as a tool of coercion'. In a letter to the leaders of 18 European countries…

Padbury Mining Secures $6.5 Bln Port Funding

Apr 10, 2014

Australia's Padbury Mining Ltd said it had secured almost $6.5 billion in funding to build a new deepwater port and railway at Oakajee in Western Australia, potentially opening a new export hub for the region's iron ore riches. Plans for…

MERPAC to Meet on IGF Code Training Requirements

Apr 10, 2014

A working group of the Merchant Marine Personnel Advisory Committee (MERPAC) will meet to work on Task Statement 80, concerning crew training requirements onboard vessels subject to the International Code of Safety for ships using gases or low flashpoint fuels (IGF Code)…

NOIA Elects Rynd Chairman, Taylor Vice Chair

Apr 10, 2014

The National Ocean Industries Association (NOIA) Board of Directors has elected John T. Rynd as Chairman of NOIA and Cindy B. Taylor as Vice Chair of NOIA for the upcoming 2014-2015 term. Rynd and Taylor assumed their positions at the NOIA Annual Meeting today in Washington…

Conoco Exporting Shale Drilling Know-How

Apr 10, 2014

ConocoPhillips, the largest independent oil company, is using the knowledge it gained drilling in Texas' Eagle Ford rocks to fuel growth in less-developed shale formations in North American and even Poland.'The value associated with that learning curve has been pretty tremendous…

CLIMAX Names Kunkler VP

Apr 10, 2014

CLIMAX Portable Machining & Welding Systems, industry pioneer in the design and manufacture of portable on-site machining and welding tools, announced today it has hired Scott Kunkler as Vice President of Global Quality and Engineering. Kunkler joined the CLIMAX World Headquarters in Newberg…

Greencarrier Opens Office in Belarus

Apr 10, 2014

Greencarrier Freight Services, one of the Nordic region’s largest privately owned global transport companies, has opened an office in Minsk, Belarus.The company has expanded through both organic growth and acquisition since it was founded…

Teekay LNG Partners Declares Distribution

Apr 10, 2014

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution of $0.6918 per unit for the quarter ended March 31, 2014. The cash distribution for the quarter ended March 31…

Knud E. Hansen A/S Wins Shippax Award

Apr 10, 2014

At this week’s 12th Annual Ferry Shipping Conference sailing on board Romantika between Stockholm & Riga, Danish Naval Architects, Knud  E. Hansen A/S, were awarded the 2013 ShipPax Award. The award was presented in recognition of the efficient…

Cyclone Warning for North Queensland

Apr 10, 2014

Inchcape Shipping Services (ISS) is advising of the approach of Cyclone Ita towards the North Queensland coast of Australia. Forecast to develop into a severe category level 4 tropical cyclone, it is expected to make landfall late on Friday…

Fitter Crews and Fewer Claims

Apr 10, 2014

The UK P&I Club’s Pre-Employment Medical Examination Program has just completed its 300,000th examination. At the beginning of April, Edward Nefuda, a Second Engineer from Anglo-Eastern Crew Management Phils, Inc, was successfully passed…

Samsung Heavy Wins Drillships Order

Apr 09, 2014

Samsung Heavy Industries Co Ltd said on Wednesday it won a 1.34 trillion won ($1.27 billion) order to build two drillships for an unnamed firm based in or near Australia. The South Korean shipbuilder said in a regulatory filing the contract was expected to be completed by June 2017…

After Barge Accident Mississippi River Traffic May Reopen Friday

Apr 09, 2014

Mississippi River barge traffic could reopen Friday at the earliest, government officials said on Wednesday, a day after a barge struck a railroad bridge at Sabula, Iowa, forcing the closure of a two-mile (3.2 km) stretch of the country's busiest waterway…

OW Bunker, Genoil Partner for Low Sulphur Fuel Oil

Apr 09, 2014

Genoil to develop hydro cracking unit to produce ECA-compliant LSFO; OW Bunker to provide feed oil and buy one million tons of 0.1% LSFO per annum OW Bunker, a physical distributors and resellers of marine fuels, today announced that it has signed a Memorandum of Understanding (MOU) with Genoil…

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