Diana Shipping Inc. specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels…
At a formal event presided by ShriNitinGadkari, Union Minister of Road Transport,Highways and Shipping in the presence of ShriAnil Desai, Member of RajyaSabhainMumbai, India’s No.1 Container Terminal Jawaharlal Nehru Port Trust, have today…
Norwegian energy firm Statoil could lay off another 2,000 employees by the end of 2016, business daily Dagens Naeringsliv (DN) said on Friday.The decision will be finalised in the near future, after discussions with the management and representatives from the unions on Thursday…
DNV GL Group has appointed Tor Svensen as Group Executive Vice President. Knut Ørbeck-Nilssen will succeed Tor Svensen as Chief Executive Officer of its Maritime business area. Both will report to the incoming Group President & CEO Remi Eriksen…
JP Morgan has hired James Janoskey, Credit Suisse's European Energy Group head, to lead its oil and gas team in Europe, the Middle East and Africa, according to a memo seen by Reuters.Janoskey will join the investment banking division, reporting to Laurence Hollingworth…
MSC has announced plans to optimise all of its Asia-Europe services. The changes, which will be implemented progressively over the coming months will include: port combinations, vessel rotations and capacity deployment.Since the launch of the new Asia – Europe network in January 2015…
In a meeting in the Corporate Assembly of Statoil ASA on 9 June 2015 Øystein Løseth was elected as new chair and Roy Franklin as a new member and deputy chair of Statoil's board of directors.Chair of the board Svein Rennemo and board member…
The head of Greece's biggest port Piraeus will step down, a statement said on Wednesday, after the port was once more named as a target for privatisation in the country's cash-for-reforms negotiations with international creditors.Chief Executive Yiorgos Anomeritis has headed the port since 2009…
TGS-NOPEC Geophysical Company ASA (TGS) signs letter of intent (LoI) for charter of an estimated six months of 3d vessel capacity from Oslo-listed seismic vessel operator Polarcus. TGS intends to charter a vessel from Polarcus in 2016 to…
Glander International Bunkering, a global leader in Bunker, Lubricant trading/brokering has promoted Piyush Raghuvanshi as Senior Bunker/Lubricant Trader & Team Leader of the Mumbai office. Piyush joined the firm in 2013 and demonstrated strong leadership and trading skills…
Diana Shipping has entered into a time charter contract with Hong Kong - based China Shipping Bulk Carrier, for one of its Panamax dry bulk vessels, the m/v Calipso. The 'Calipso' is a 73,691 dwt Panamax dry bulk vessel built in 2005. The gross charter rate is US$6…
Abu Dhabi Ports hosts MoU signing between SIDDCO Group and Istituto Italiano della Saldatura to deliver first-of-its-kind training and certification programs in the region; MoU will see the companies invest in enhancing local knowledge and aiding…
Kvaerner in a joint venture with KBR has signed a contract with Statoil for the complete delivery of the platform topside to the Johan Sverdrup field development. The agreement to deliver the deck for the utility and living quarter (ULQ) platform comes after a tough international competition…
India's Largest shipping Company, the Shipping Corporation of India (SCI) in its continuous efforts to facilitate shipping solutions to the Indian trade has now upgraded the Coastal ports of call on the SMILE Service to include Katupalli and Visakhapatnam on East Coast…
The dockworkers union at Peru's biggest port, Callao, has reached a contract agreement to end a three-week strike, with provisions that include improved benefits and modifications to a system for scheduling shifts, union officials said on Friday…