For anyone keeping score, the south Florida maritime training and education infrastructure is enjoying rapid growth, driven largely by an outreach for lucrative offshore oil and gas training and education business. Case in point, today Maritime…
Malaysian state-owned energy company Petronas said on Monday it could delay its planned $11 billion liquefied natural gas plant on Canada's Pacific Coast by up to 15 years unless it can reach a favorable tax deal by month's end.Petronas…
Kosmos Energy is set to sign a $400 million 'farm-in' agreement with Senegal's state-owned hydrocarbon firm Petrosen and Timis Corp to take a 60 percent stake in the Cayar and St. Louis offshore blocks that they operate, a draft Petrosen document seen by Reuters on Saturday showed…
Conglomerate Israel Corp said on Monday that as part of it plans for a reorganisation, it is possible that Nir Gilad will step down as chief executive officer.'No decision has been taken on the matter,' the company said in a statement without providing provide further details…
Israel Corp shareholders are set to vote on a $3 billion restructuring plan by the conglomerate's shipping offshoot Zim, first set out in January and which has now received a key government go-ahead. An Israel Corp spokesman said shareholders of the group…
Sentina Corp, a New York-based producer of protective cargo coverings, says it has been awarded the designation of 'Qualified Anti-Terrorism Technology' under the Department of Homeland Security's Safety Act for its Freight Glove, a reusable…
Chinese shipbuilder COSCO Corp (Singapore) Ltd on Monday reported a 71 percent fall in full-year 2013 net profit, due to lower profit contributions from ship building and marine engineering segments.COSCO Corp, a subsidiary of state-owned maritime industry giant China Ocean Shipping (Group) Co…
Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries Keppel Shipyard Ltd (Keppel Shipyard) and Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) won five contracts worth about $120m in total.'We are glad to have the support of repeat…
Flexlife, the subsea flexible pipes specialist, has strengthened its management organization with two senior appointments.Simon Hounsome joins Flexlife’s Aberdeen headquarters as integrity and projects director, responsible for the policy…
US's Duma Energy Corp. says it has received new 3D seismic data in its search for deeper oil reserves in its Galveston Bay producing fields.This new data, which covers three of Duma's fields in Galveston Bay, is part of a broader effort…
Carnival Corp, resists reimbursement of costs incurred by US Government through assistance rendered to their disabled 'Carnival Triumph'.Carnival Corp. says all maritime interests must assist without question those in trouble at sea, a duty that would not include reimbursing the U…
Evergreen Marine Corp. partnered with French-based CMA CGM Grou, & Yang Ming Marine both offer new container services.Evergreen's new route, called South Red Sea Service, connects Southeast Asia, the Indian subcontinent, and countries near the Red Sea…
The federal government approves a 25-year export licence for shipping LNG from Kitimat, a West Coast terminal proposed by a Shell consortium .The licence awarded to LNG Canada, a consortium of Shell, Korea Gas Corp., Mitsubishi Corp., and PetroChina International…
Technip is awarded an EPIC contract for Gannet F reinstatement project, situated in the North Sea.The engineering, procurement, installation and construction (EPIC) contract for the project is located in the North Sea, 180 kilometers east of Aberdeen…
Hyundai Heavy Industries (HHI) wins the order for five 14,000 TEU container ships, with a contract option for 5 more.The ultra-large container ships, measuring 368 m in length, 51 m in width, and 30 m in depth, are scheduled to be delivered from 2015…
