Canbank Venture Capital Fund Limited (CVCFL) has picked up approx 5% minority Equity stake in Anand Teknow Aids Engineering India Ltd, a Rs 300 crore closely held Public Limited company manufacturing hi-tech, engineering products for the Oil & Gas sector in India & Gulf…
Ensco's CEO and President Carl Trowell will participate on an industry panel at the Goldman Sachs Global Energy Conference in Miami on Wednesday, 7 January 2015. Investor materials to be used during the conference will be available on Ensco’s website at www…
The safety of the seafarer and the maritime environment begins with good design, followed by sound construction and efficient operation. Naval architects and engineers involved in the design, construction and operation of maritime vessels…
A Founding Father of Signal Passes Away (December 12, 1940 – January 1, 2015). It is with great sadness that the Managers of Signal Mutual Indemnity Association Ltd. must report the unexpected passing of John Chamberlain at the age of 74…
Capt. Panagiotis N. Tsakos named Connecticut Maritime Association 2015 Commodore; award to be presented March 25, 2015 at the conclusion of the CMA's Shipping 2015 Annual Conference and Exposition Capt. Panagiotis N. Tsakos, Founder of the Tsakos Group…
BIMCO encourages members to take part in the next free event organised by the Young Professionals in Shipping Network (YPSN) in Shanghai on 15 January 2015.BIMCO fully supports YPSN’s aim to hold events to help young professionals meet their industry peers…
The Coast Guard is supporting the Hawaii County Fire Department in the search for a missing passenger from a grounded sailboat near Kaupuleu, Hawai'i, Sunday.Watchstanders at Coast Guard Sector Honolulu received notification at 6:36 a…
Republicans take full control of the U.S. Congress this week with an agenda of trying to force approval of the Keystone XL oil pipeline and push back on President Barack Obama's sweeping policy shifts on Cuba and immigration.After years of battles over the budget and other issues…
Kvaerner North American Construction Inc. (a subsidiary of Kvaerner) has executed agreements today, with each of Longview Power, LLC, Siemens Energy Inc. and others regarding the disputes between them in both the arbitration proceedings concerning…
USS Fort Worth (LCS 3) arrived in the search area on Jan. 3, 2015 and has commenced search efforts for Air Asia flight QZ8501 at the request of the Indonesian government. It is the second US Naval Ship to join in the search.Seen the picture…
The search for eight crew missing from the cement carrier, ‘Cemfjord’ which capsized and sank in the Pentland Firth has been suspended this evening, with no sign found of the missing crew.The lifeboats completed their search areas earlier this afternoon and returned to shore…
E-navigation specialist NAVTOR has set course for Asia, with the news that the Egersund, Norway-based business has opened an office in Singapore. The move comes in response to growing regional demand for simple, efficient and cost effective ENC distribution solutions…
Egypt's government has paid Dana Gas $60 million, part of overdue receivables totalling $212 million, the Abu Dhabi-listed firm said in a statement on Sunday.Egypt has delayed payments to oil and gas firms as its economy has been hammered…
A moderate earthquake rattled a broad swath of Idaho early Saturday, damaging property and causing power outages near its epicenter in the city of Challis, which has endured a string of temblors over the past weeks, authorities said.The quake was measured at a magnitude of 4…
A cargo ship abandoned by its crew with 359 Syrian refugees on board was towed ashore in Italy on Saturday in the second such rescue this week, prompting calls for stronger European Union action in the face of new tactics by human traffickers…