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…
Moore Stephens says shipping must monitor developments in wake of Greek government change International accountant and shipping adviser Moore Stephens says it is too soon to say whether the Syriza party’s victory in the country’s elections could…
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…
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…
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…
Cruise Shipping Miami 2015 is gearing up to offer the most comprehensive and robust roster of panel discussions featuring the industry's most knowledgeable and experienced executives. The panels will be grouped under several broad themes based on industry trends during the four-day conference…
As of January 1, 2015, Bunker Holding, the parent company of a worldwide group of bunker companies, has employed Kristian Kent Hughes as Manager – Operations & Projects.He will work closely with and report to Søren Høll, Group COO of Bunker Holding…
Some 10 pct of oil workers laid off; Energy sector at risk of cutting too much.Norway's offshore energy sector may be repeating the mistakes of the last big oil slump, removing too much capacity too soon and leaving the industry unprepared for any eventual rebound…
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…
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…
For approximately four months, fender repairing and replacement works for five of the dolphins will be carried out in the To Kwa Wan Typhoon Shelter.The works will be carried out by a crane barge. Only one dolphin will be occupied for the works at a time…
Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the third quarter and nine months ended December 31, 2014.Consolidated cargo handled by the company was 108 MMT in 9M-FY15…
Shipping industry asked to ‘Get Stripey’ on 15 May to raise funds for seafarers in need.Shipping companies, port operators and maritime businesses are being asked by Seafarers UK to ‘Get Stripey’ on Friday 15 May 2015 to raise funds for seafarers in need and their families…
Shipping companies and the union for 20,000 dockworkers at nearly 30 U.S. West Coast ports have cleared a major hurdle in their protracted labor talks, clinching a tentative deal on the maintenance and control of cargo chassis, the two sides said on Tuesday…
Oil services company Weatherford International Plc said it would eliminate the position of chief operating officer as it copes with a 60 percent slide in global crude oil prices.The company said COO Dharmesh Mehta would move to the role of executive vice president for corporate strategy…
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