Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced a composite Scheme of Arrangement (“Scheme”) for the demerger of the ‘Port Undertaking’…
In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container terminals for continuing development of Bayport and modernization at Barbours Cut…
Brazil's government is planning to take steps to save energy through more efficient usage to avoid blackouts and the risk of rationing, Energy Minister Eduardo Braga said on Friday.The worst drought in more than 80 years has drained hydroelectric…
Lead industry negotiator Royal Dutch Shell Plc said on Thursday it was 'optimistic' a new three-year agreement could be reached with a union representing hourly workers at 63 U.S. refineries that account for two-thirds of U.S. refining capacity…
In order to accommodate construction of Ultra-Large newbuilding vessels including recently secured 20,000TEU Mega container ships (about 400m in length and about 59m breadth), Imabari Shipbuilding Co., Ltd. has decided to construct a large…
ARENA has invested $1 billion in more than 230 projects, fellowships and scholarships that are paving the way for a more diverse energy future for Australia.Thirty one of these projects have now been completed, with many more scheduled to reach key milestones and/or completion in 2015…
Vienna hosted today the signing of an Addendum to the existing contract for gas supply to Austria between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Gerhard Roiss, Chief Executive Officer of OMV. The document…
Secretary of the Navy (SECNAV) Ray Mabus completed a visit to Paraguay Jan. 29 during which he met with Republic of Paraguay President Horacio Cartes to discuss the relationship between the Department of the Navy and Paraguay's military.'We…
On 27 January 2015 Braemar Shipping Services Plc exchanged contracts for the sale of our leasehold interest in our Marylebone corporate headquarters to Greenhouse Sports Ltd for a net consideration of £9.5m before tax. The leasehold had a net book value of £4…
Domestic marine surveyors will now be accredited under a national system run by the Australian Maritime Safety Authority (AMSA).The Domestic Surveyor Accreditation Scheme came into effect on January 2.AMSA standards manager Adam Brancher…
The Royal Australian Navy operated Sail Training Ship Young Endeavour rounded Cape Horn on Australia Day, 36 days into a 12-month circumnavigation of the world.Chief of Navy Vice Admiral Tim Barrett AO, CSC, RAN congratulated the 36 seafarers on board the square-rigged tall ship…
Fastnet, the UK and Irish listed E&P company focused on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, announces certain management changes following the appointment of Carol Law as CEO in December 2014 and a review…
Mitsui O.S.K. Lines, Ltd. signed a contract with Mitsui & Co., Ltd. today (January 29) to charter a new 177,000m3 liquefied natural gas (LNG) carrier.This is the third newbuilding vessel chartered by Mitsui & Co., following a contract signed last September 26 for two carriers…
Mitsubishi Heavy Industries, Ltd. (MHI) reports it has received an order for two next-generation LNG (liquefied natural gas) carriers from Mitsui & Co., Ltd., scheduled for completion and delivery in 2018 and 2019, respectively. They will be…
The expansion of the Panama Canal has opened up an opportunity for WWL to develop its next generation RoRo carriers.Due to its importance to international trade, the size of the Panama Canal has long been a design constraint when it comes to shipping vessels…