Venezuela and Ecuador are working on a joint proposal to defend oil prices that the two countries will present at the next OPEC meeting, Venezuelan President Nicolas Maduro said on Friday.Venezuela was the first country to request an…
Egypt signed $350 million worth of financing agreements with Saudi Arabia on Saturday aimed at upgrading its power grid and securing imports of petroleum products as it seeks to end its worst energy crisis in decades.Power cuts have become…
Artist, scientist and conservationist offers generous financial gift to aid Undergraduate and Graduate Students as well as Research.Nova Southeastern University (NSU) announced that Guy Harvey and the Guy Harvey Ocean Foundation are providing…
Mitsubishi Heavy Industries, Ltd. (MHI) announced its decision to book an extraordinary loss from its cruise ship business in the company's consolidated financial results for the first half (1H) of the current fiscal year (FY) 2014 (ending March 31…
Ensco plc today reported earnings per share from continuing operations of $1.93 in third quarter 2014, up 16% from $1.66 in third quarter 2013. Adjusted for a $0.06 per share gain on the sale of four jackup rigs, third quarter 2014 diluted earnings per share from continuing operations were $1…
The Board of Directors of Chevron Corporation today declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable December 10, 2014, to holders of common stock as shown on the transfer records of the Corporation at the close of business on November 18, 2014.
Belgian gas shipping group Exmar said on Thursday that the market for its very large and midsize gas carriers was at historically high levels in the third quarter and was expected to remain good in spite of new vessels being delivered in 2015…
The latest U.K. Logistics Confidence Index commissioned by Barclays and Moore Stephens reveals that confidence in the U.K. logistics sector remains high but more controlled over the past six months as familiar challenges persist.The index…
Record 2014 third quarter earnings per share of $1.34 compared with $1.21 in the 2013 third quarter, which included a $0.08 benefit due to the reduction of the United earnout liability.Kirby Corporation announced record net earnings attributable to Kirby for the third quarter ended September 30…
South Korea's Hyundai Heavy Industries Co Ltd, the world's biggest shipbuilder, slid to a record quarterly loss of $1.8 billion and warned it's heading for its worst-ever year as cost overruns mount up in new business lines it developed to counter a global glut of low-margin ship orders…
Danaos Corporation, a leading international owner of containerships, today reported unaudited results for the period ended September 30, 2014. Highlights for the Third Quarter and Nine Months Ended September 30, 2014:* Operating revenues of $139…
The UK P&I Club board has agreed at its meeting on October 27, 2014 that the general increase for the 2015 renewal will be 6.5%.The premium rating increase is in addition to any change in the cost of the international group reinsurance premium for 2015 for the mutual members…
France-Corsica ferry operator SNCM will file for court protection next week, a source close to the company told Reuters on Wednesday, which will clear the way for its shareholder Veolia to restructure its transport division.Water and waste firm Veolia and the French state…
SGX Catalist-listed SBI Offshore Limited announced the appointment of Mirzan Bin Mahathir to its board of directors with effect from October 29, 2014.Mirzan has been appointed non-independent, non-executive director following the partial…
Exxon Mobil Corporation will release third quarter financial results on Friday, October 31, 2014. The earnings press release will be available at 7 a.m. CT at www.exxonmobil.com.Jeff Woodbury, vice president of Investor Relations, will…
