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Statoil’s President & CEO Helge Lund Resigns

Oct 15, 2014

Statoil President and CEO Helge Lund has informed the company's board of directors that he will resign.Helge Lund has chosen to leave Statoil to take up the position as CEO of another international oil and gas company. The board of directors…

General Dynamics Delivers Micro Encryptor to U.S. Navy

Oct 15, 2014

General Dynamics C4 Systems’ cyber-defense products team recently delivered the 100,000th TACLANE®-Micro (KG-175D) in-line network encryptor to the U.S. Navy’s Space and Naval Warfare Systems Command (SPAWAR). SPAWAR develops, delivers and sustains communications capabilities for warfighters…

Early Contract Termination for Loke Viking

Oct 15, 2014

As previously communicated, Viking Supply Ships has entered into an agreement with a major oil company for the charter of four AHTS vessels. The contract applies to the drilling seasons 2014 and 2015, with options for the drilling seasons 2016 and 2017…

ST Marine Celebrates Naming of RNOV Al Seeb

Oct 15, 2014

Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the naming ceremony today for the first Patrol Vessel (PV) built for Royal Navy of Oman (RNO). The Guest-of-Honour…

MacGregor Mooring Systems for Tender Rigs

Oct 15, 2014

MacGregor, part of Cargotec, has won new contracts that will see electrically-driven versions of its mooring systems fitted to two new tender assist drilling rigs for Thailand-based Mermaid Maritime Public Company Limited. The Self-Erected Drilling Tender (Hull No…

Canpotex to Invest at Port of Portland Terminal

Oct 13, 2014

Portland is already the largest gateway on the U.S. West Coast for bulk mineral exports, and that gateway is about to get more efficient and diversified with the expansion of the Canpotex Limited (Canpotex) potash export facility at the Port…

Kenya Yet to Decide oil Refinery's Fate

Oct 11, 2014

Kenya is yet to decide whether to turn east Africa's only oil refinery into an oil storage facility or pay for its upgrade after buying the remaining 50 percent stake from India's Essar Energy, the energy minister said on Friday.Fuel…

Harvey Gulf Expands into Mexico

Oct 10, 2014

Harvey Gulf, a strong driver in the U.S. OSV market and a true leader in the incorporation of LNG-as-fuel in marine vessels, announced that it establishing Harvey Gulf International Marine de Mexico S.A.P.I. de C.V.    Recently approved changes…

Historic Cruise Ship Float Out in Finland

Oct 10, 2014

The Meyer Turku Oy yard in Turku, Finland, celebrated a historical day on October 10, 2014.Meyer Turku Oy, which officially changed ownership only three weeks earlier with the takeover by Papenburg, Germany cruise ship building power Meyer Werft…

Swissco Bags $17m Chartering Contract

Oct 10, 2014

SGX Mainboard-listed Swissco Holdings Limited announced it has secured three chartering contracts with options worth US$17.3 million. The offshore support vessels, comprising two new workboats and one anchor handling tug supply vessel, will be deployed in the Middle East under the contracts…

Mary A. Francis is CS & CGO of Chevron

Oct 10, 2014

Chevron Corporation (NYSE:CVX) today named Mary A. Francis corporate secretary and chief governance officer effective May 1, 2015.In her new role, Francis, 50, will counsel the board of directors and senior management of Chevron on corporate governance matters…

Crowley, Seaboard to share vessels

Oct 10, 2014

Crowley Maritime Corporation’s liner services group and Seaboard Marine Ltd. announced today that they have entered a new vessel sharing agreement (VSA) to service customers in the Dominican Republic trade lane, while also changing their current VSA to Panama and Costa Rica…

North Sea firms “Biding Time”

Oct 10, 2014

Oil and gas operators may be sitting on new investment decisions until the future of the North Sea becomes clearer, according to the latest report from business advisory firm Deloitte. The report, which details drilling, licensing and deal…

AMP's Allegretti Questions Jones Act Critics

Oct 09, 2014

Tom Allegretti, Chairman of the American Maritime Partnership (AMP), the voice of the domestic maritime industry, today highlighted the continued renaissance of the nation’s maritime sector, particularly its robust response to meet new water…

Saipem in Subsea Deal with Chiyoda, Xodus

Oct 09, 2014

Italian oil service group Saipem said on Thursday it had set up a venture with energy consultant Xodus Group and Japanese engineering company Chiyoda to develop business in the subsea sector.Saipem, 43 percent controlled by Italian oil major Eni…

Logistics News

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

d’AMICO Orders Pair of Eco Design Vessels

d’AMICO Orders Pair of Eco Design Vessels

Great Ships of 2025: Frederick Paup

Great Ships of 2025: Frederick Paup

WAPS Make Wind Blow for Vessel Decarbonization

WAPS Make Wind Blow for Vessel Decarbonization

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