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…
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…
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…
General Dynamics Information Technology, a business unit of General Dynamics, announced today that it will continue to support and expand the analytic engine and reporting system for the Arkansas Health Care Payment Improvement Initiative (AHCPII)…
ILWU withholds hundreds of skilled workers from vital terminal jobs at Los Angeles andLong Beach Ports, threatening holiday commerce and U.S. economySan Francisco, CA (November 6, 2014) – Escalating its use of orchestrated job actions…
Today, Seaspan’s Vancouver Shipyards officially celebrated the completion of its two-year, $170M Shipyard Modernization Project ahead of schedule and under-budget.Funded entirely by Seaspan, this project has transformed Vancouver Shipyards…
Members of the U.S. Coast Guard Training Center, Cape May, N.J., were treated to a speech on the history of the Lenape Indian tribe during a Native American Heritage event held on base, Nov. 5. Wesley Dunn, vice president of the Museum of Indian Culture…
Representatives from the Flagship Niagara League were in Toledo on Wednesday to announce two new partnerships --- A new scholarship and training opportunity for cadets at The Maritime Academy of Toledo, and a five-year port agreement with the Put-In-Bay Chamber of Commerce…