Bonds of oil and gas pipeline company Kinder Morgan Inc rallied Monday on expectations that its credit ratings would be boosted to investment-grade following a US$70bn deal to bring all of its publicly traded units into one group.Kinder Morgan's 5% February 2021 bonds jumped to 107 from 101…
Artemus Transportation Solutions will be holding its Global Commerce- International Transportation & Trade Shipping 101 Course on September 15-19 in the Seattle-Tacoma area. This is the third time the Shipping 101 course will be hosted by the Marine Exchange of Puget Sound in Seattle/Tacoma…
The Port of Pittsburgh Commission (PPC) announced today that Mr. Stephen Martinko will be the Commission's new executive director.Since January, 2013, Martinko has been the deputy staff director of the U.S. House of Representatives Transportation…
Jee Ltd has upgraded its state-of-the-art online training site to enhance its online and blended learning offering to the oil, gas and renewables industries. Jenny Matthew, Head of Courses at Jee said: “The oil and gas industry is calling…
Q2 group adjusted EBITA 65 mln euros vs 93 mln last year. Power division EBITA drops to 9 mln euros; shares up 4.9 pct, top performer on MDAX. German industrial services group Bilfinger, whose chief executive resigned last week after two profit warnings…
Dryad Maritime COO Ian Millen tells of an audacious open-ocean ambush of a product tanker in Gulf of Guinea and wonders if this attack heralds a new trend in offshore African piracy, as follows:'In the early hours of Saturday 9th August,…
VT Halter Marine launches one, christens one and delivers two for Hornbeck Offshore OSV programVT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc., announced four separate shipbuilding milestones for the Offshore Supply…
Halliburton Veteran Takes Up Key Director Role.EnerMech’s focus on strengthening its Middle East and Caspian business has been underlined with the appointment of oil and gas industry veteran Dave McLeod as Regional Director.The mechanical…
Bruce Tomlinson has been appointed as Chief Executive of HR Wallingford.Tomlinson joins HR Wallingford from U.K.-based Fugro EMU, a marine survey and consultancy, where he was Managing Director.With more than 25 years’ experience in the maritime industry…
Saipem announces that Fabrizio Barbieri has resigned from his position as a director of Saipem’s Board.Fabrizio Barbieri, a non-executive and non-independent Board member, was not part of any internal committee, and was drawn from the list…
According to the U.S. Energy Information Agency, one of the world’s oil transit choke-points is the Suez Canal, the Panama Canal being another. However, the recently announced Suez Canal expansion plans are more likely to cater for containership transits…
Four decades of remarkable progress – and the promise of more years of success – were celebrated at the 40th anniversary gala dinner of WISTA-UK, the founding body of the Women’s International Shipping & Trading Association.Leading personalities…
Eni to cut over 50 pct of refining capacity; could cut excess Europe capacity by a quarter. Unions fear eventual job losses.Plans by Italian oil major Eni to slash its refining business by more than half could squeeze out a quarter of Europe's refining overcapacity…
North Sea supply vessels and support ships could be detained in port if they are found to be failing to comply with a new maritime law which today comes into effect in the U.K., a legal expert has warned.The Maritime Labor Convention (MLC)…
Representatives from Irving Shipbuilding, Walters Steel, Ironworkers Local 752, Hatch Mott MacDonald, EllisDon and Irving Equipment gathered on August 6, 2014 to celebrate the installation of the last steel truss on Irving Shipbuilding’s new production building…