Petrobras clarifies that it has been decided not to publish the financial statements for the third quarter of 2014 not reviewed by the independent auditors in view of the new incidents, after the day November 13, 2014, relating, directly or indirectly…
Inchcape Shipping Services (ISS), the world's leading maritime, cargo and supply chain solutions provider has announced a key hire to its senior management team with the appointment of Steve Schollaert as Executive Vice President for North America region…
Leighton Holdings today announced it had entered a binding agreement for the sale of John Holland to CCCC International Holding Limited (CCCI).CCCI is a wholly-owned subsidiary of China Communications Construction Company (CCCC), the…
The United States Congress this week enacted the strongest statement of support for the Jones Act and the American domestic maritime industry since the Merchant Marine Act of 1936. The measure was included as part of the National Defense Authorization Act (H…
UniSource Energy Services (UES), an indirect, wholly owned subsidiary of Fortis Inc., has strengthened its generating portfolio and reduced its reliance on the wholesale energy market through the purchase of a share of the efficient natural gas-fired Gila River Power Station in Gila Bend…
Caterpillar Inc. today announced the following officer changes effective January 1, 2015: * Julie Lagacy will become the company’s Chief Information Officer and vice president with responsibility for the Global Information Services Division…
• Public Offer of 53,763,000 Units approximately 9.6 times subscribed, valid applications amount to approximately S$478.7 million• Largest REIT IPO in Singapore year-to-date with S$512.9 million raised• Commencement of trading of Keppel DC REIT on the Main Board of the SGX-ST at 2…
In response to the continuing crisis in the Mediterranean, necessitating commercial ships to rescue tens of thousands of migrants and refugees during 2014, the International Chamber of Shipping (ICS) has published new Guidance on Large Scale Rescue Operations at Sea…
U.S. lawmakers gave a preview on Thursday of a looming fight next year on lifting the ban on crude exports with supporters saying it would sustain the drilling boom and others questioning its impacts on industry and fuel prices. In a House of Representatives hearing on the ban…
Port Everglades is experiencing a surge in international trade with a 11 percent increase in TEUs (20-foot equivalent units, the industry’s standard measurement for container volumes) and a 6.85 percent increase in the dollar value of all…
The Federal Register Wednesday published the U.S. Coast Guard’s notice of proposed rulemaking amending its regulations on cruise ship terminal security. This proposed rule would standardize screening activities for all persons, baggage and…
It’s not every “tugboat magnate” who is willing to show up at work in full Halloween costume, nor capable of running a NYC marathon in under 4 hours – decked out in Harry Potter wizard regalia, complete with hat, cape and wand – while wearing…
Stolt-Nielsen Limited has announced that Jacob Stolt-Nielsen, the visionary entrepreneur who founded the company in 1959, will retire from the SNL Board of Directors effective December 15, 2014, thus formally concluding his career at the company…
In response to the continuing crisis in the Mediterranean, necessitating commercial ships to rescue tens of thousands of migrants and refugees during 2014, the International Chamber of Shipping (ICS) has published new Guidance on Large Scale Rescue Operations at Sea…
As part of its product rollout strategy Eco Marine Power (EMP) announced today that it has signed a support agreement with Theodosiou Bros Ltd (TRIAD Ltd) of Piraeus, Greece.This agreement between EMP and TRIAD Ltd will lead to the establishment…