The world’s largest containership was named at a ceremony held by builder Hyundai Heavy Industries Co., Ltd. (HHI) this week.The ship, named CSCL Globe, is the first of five 19,000 TEU containerships for China Shipping Container Lines (CSCL)…
Britannia Seaways crew who fought raging fire in heavy seas receive 2014 IMO Award for Exceptional Bravery at Sea One year to the day after surviving an explosive fire which threatened the lives of 32 people on board his vessel, Captain…
Zargon Oil & Gas Ltd. confirms that the monthly cash dividend for the month of November in the amount of Cdn. $0.06 per common share will be paid on December 15, 2014 to shareholders of record on November 30, 2014. Unless otherwise indicated…
Drydocks World (DDW) based in Dubai, UAE, has contracted Wärtsilä to design and supply the propulsion and other equipment for a new harbour tug that will operate on liquefied natural gas (LNG). This will be the first harbour tug in the Middle East region to operate on gas…
The fishing vessel Pacifica moored safely in Honolulu Harbor Monday after taking on water approximately 144 miles north northeast of Oahu.The cause of the flooding was determined to be insufficient shaft packing in the stern tube, which allowed water to enter the vessel…
San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, announces that it has spudded the Gierałtowice well, which is the second well being drilled in the Karpaty area in Poland.The Gierałtowice…
The Gazprom Management Committee addressed the progress with the South Stream It was stressed that South Stream gas pipeline project was ready for constructing. This includes the most complicated part of the project – the first and the second strings of the offshore gas pipeline…
The F-35C Lightning II carrier variant Joint Strike Fighter completed its first phase of developmental test (DT) aboard an aircraft carrier Nov. 14, three days ahead of schedule aboard USS Nimitz (CVN 68). During the DT-I event, F-35C…
Eivind Holtsmark Ringstad from Oslo has been granted the Statoil talent scholarship in classical music for 2014.The grant is part of Statoil's talent program 'Heroes of Tomorrow', where the company supports young talents in education…
The '4th Annual Conference on the Outlook for Bunkering and Marine Lubricants in India' will be held on Thursday, December 4, 2014 at the Hotel Vivanta by Taj-President, Cuffe Parade, Mumbai.With the demand for shipping fuel at major…
Halliburton Company and Baker Hughes Incorporated today announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction. The transaction is valued at $78.62 per Baker Hughes share…
President Energy gave a mid-November update on the progress of the Lapacho well, Chaco Region, Paraguay.The well has been drilled to 4,490m since setting casing at 4,125m. President has previously announced that a light oil/condensate…
OSX Brasil SA, a shipbuilding and ship leasing firm controlled by Brazilian tycoon Eike Batista, presented a revamped bankruptcy protection plan to a judge in Rio de Janeiro on Monday. In May, OSX had presented a plan to pay $2.6 billion in debt over 25 years…
The 19th Annual Career Days organized by Istanbul Technical University Maritime Faculty Career Club hosted Akmar Shipping on November 17.Akmar Shipping was represented by Personnel Manager Özge Ataman and Operation Manager Tarık Gürsoy. Ataman and Gürsoy began by introducing the company…
Containers Adrift in Oakland EstuaryContainers fell into the water from motor vessel NYK Aquarius while offloading cargo at SSA Facility Berth 57 in the Oakland estuary, causing the U.S. Coast Guard (USCG) and local fire department personnel to enforce a safety zone in the area…
