Yara International ASA has obtained relevant regulatory approvals and closed the acquisition of OFD Holding Inc. (OFD) allowing the integration process to start.The OFD operations comprise production facilities in Cartagena, Colombia and distribution companies across Latin America…
Vallianz Holdings Limited, a provider of offshore support vessels and integrated marine solutions to the oil and gas industry, has today announced that it is acquiring OER Holdings Pte. Ltd. for $27.7 million (USD).Headquartered in Singapore…
DryShips Inc. announced today that it intends to offer senior secured notes due 2017 (the “Notes”) pursuant to its effective shelf registration statement. The Company expects to use the net proceeds of the offering to refinance, in part, the…
Scotland’s largest independent firm of Chartered Accountants and Business Advisers, Johnston Carmichael, has strengthened its oil and gas focus with the appointment of a new tax director.VAT specialist Fiona Weir joins the tax team where…
The Board of Directors of Triyards Holdings Limited refers to the Company’s announcements dated 17 September 2014 and 25 September 2014 relating to the placement of up to 29,500,000 new ordinary shares in the capital of the Company. Unless otherwise defined…
Aker Solutions today started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets.The company emerges after a spin-off of the Subsea, Umbilicals…
The former chairman of Chinese state-run shipyard Hudong-Zhonghua Shipbuilding has been charged with taking bribes, prosecutors said on Friday, the latest official to be swept up in President Xi Jinping's anti-corruption crackdown.The…
President Michelle Bachelet of Chile enacted new environmental tax legislation on Friday making the country the first in South America to tax carbon dioxide (CO2) emissions.Part of a broad tax reform, Chile's carbon tax will target the power sector…
Continuing its efforts to alleviate poverty worldwide, Caterpillar Inc. and the Caterpillar Foundation are making a $2.5 million investment in The Global Poverty Project. The investment will support growing the Global Citizen grassroots movement around the world to end extreme poverty by 2030…
The Port of Felixstowe, the Port of Britain, has become the first UK port to receive full Authorised Economic Operator (AEO) status.The AEO initiative was introduced by the European Commission through the Union Customs Code to help simplify…
Carrying 95 percent of U.S. foreign trade, our maritime transportation system, which includes America’s ports, is a crucial component of our nation’s economy. And with our growing population—and the associated need to increase the amount of…
A global market report published by Transparency Market Research, entitled Marine Lubricants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018, provides inputs about the global state of the current market…
A new report, Masterplans for the development of existing ports, has been published today by PIANC. The report was prepared by an international Working Group (WG 158) established 2012 and chaired by Stephen Cork, Technical Director at HR Wallingford…
The Board of Directors of Swissco Holdings Limited (the “Issuer”) is pleased to announce the establishment of a S$300,000,000 Multicurrency Medium Term Note Program (the “Program”) and in connection therewith, the Issuer has appointed Oversea…
DNV GL, the world’s largest resource of independent energy experts today share the findings of its latest report “Offshore wind: a manifesto for cost reduction” at WindEnergy Hamburg 2014.Industry action on reducing offshore wind costs…
