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DNV GL: New RP for Integrity Management of Subsea Production Systems

Dec 15, 2014

Following a new Recommended Practice (RP) for subsea lifting, DNV GL has published an RP providing guidance on how to establish, implement and maintain an integrity management system (IMS). According to DNV GL, the aim is to help operators carry…

RN-Aero, KazMunayGas-Aero Join Forces

Dec 15, 2014

RN-Aero (Rosneft subsidiary) and KazMunayGas-Aero (KazMunayGas subsidiary) signed an agreement, substantially increasing cooperation between the Companies. The accord on the signing of the agreement was reached at the IATA International Aviation Forum in Dubai in the end of November…

MacGregor Bags Equipment Contract for 6 AH

Dec 15, 2014

MacGregor, part of Cargotec, has received a major order from Kleven in Norway for six comprehensive deck handling equipment packages. They will be installed on six new-generation Anchor Handling Tug Supply (AHTS) vessels for Maersk Supply Service…

Erik Henriksen Quits Noreco's Chairmanship

Dec 15, 2014

Chairman of the Board Erik Henriksen has given notice of resignation from his position on the Board of Norwegian Energy Company ASA. The notice will be considered by the Board in due course in accordance with applicable regulations. The…

Northrop Grumman Sponsors Jubilee Sailing Trust

Dec 15, 2014

Northrop Grumman Corporation (NYSE: NOC) is among the sponsors of  the Jubilee Sailing Trust (JST), a registered charity whose mission is to promote the integration of people of all physical abilities, including injured and recovering servicemen and women…

Bhagwan Dryden Delivers Dive Support Vessel Solution

Dec 15, 2014

Incat Crowther’s first-of-type Catamaran Dive Support Vessel, Bhagwan Dryden, has set a new standard for catamaran dive support vessels since its launch and delivery earlier this year. Operational feedback has been positive for the vessel…

Damen Wins Sitecore Business Transformation Award

Dec 15, 2014

Damen Shipyards Group, together with its website partner Evident,has won the ‘Benelux Sitecore Experience Award 2014’ in the category ‘Business Transformation’. This prize is awarded to the best Sitecoresolution, meaning a solution which generates measurable…

Oil Price Slid Beyond Fundamentals - OPEC

Dec 14, 2014

The secretary-general of the Organization of the Petroleum Exporting Countries (OPEC) said on Sunday the price of oil had fallen further than market fundamentals would have dictated.Speaking at an event in Dubai, Abdullah al-Badri added…

China, Kazakhstan to Ink $10 bln in Deals

Dec 14, 2014

China is expected to sign 30 cooperative agreements worth $10 billion with Kazakhstan as Premier Li Keqiang begins his first official visit to the country, the official Xinhua news agency said on Sunday.Xinhua did not give details, but…

Investors Gamble Forest Preservation Will Pay Off in Carbon Markets

Dec 14, 2014

Some private investment companies are looking to profit from preserving forests in developing countries, betting that the emissions reductions can be sold in future carbon markets.London-based Permian Global said on the sidelines of U…

First Dividend from Nordex Likely

Dec 14, 2014

German wind turbine maker Nordex is mulling paying a dividend for the first time since listing on the stock exchange as part of efforts to create a long-term investor base, its chief financial officer told a German newspaper.'We will…

CEZ to Close its Bulgarian Thermal Plant

Dec 14, 2014

Czech power utility CEZ will wind down operations of its coal-burning plant in Bulgaria on Jan. 1, after it failed to get an exemption from European Union environmental rules, the company said on Saturday.CEZ had hoped Brussels may allow…

Russia Says Will React if U.S. Imposes New Sanctions

Dec 14, 2014

Russia will take counter measures if Washington imposes new sanctions on Moscow over the Ukraine crisis, Russia's Deputy Foreign Minister Sergei Ryabkov said on Saturday.The U.S. Congress has readied new sanctions on Russian weapons companies…

UN Climate Talks Head for Watered-down Deal

Dec 14, 2014

United Nations climate talks, which ran on into a an extra day on Saturday, are heading for a watered-down deal on limiting global warming, leaving many of the toughest issues for next year's Paris summit.Peruvian Environment Minister Manuel Pulgar-Vidal…

USCG Rescues Mariner from Boat Near Maui

Dec 14, 2014

A man is safe after being rescued from a disabled boat approximately 46 miles southwest of Kahoolawe, Maui, Saturday.At 10:15 a.m., watchstanders at the Coast Guard Sector Honolulu command center received notification from a friend of…

Logistics News

Port of Oakland Moves 174,239 TEUs in November as Exports Increase

Port of Oakland Moves 174,239 TEUs in November as Exports Increase

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

Oil Loading in Venezuela Crawls After New US Interceptions

Oil Loading in Venezuela Crawls After New US Interceptions

FMC Investigates Spain’s Restrictive Port Practices

FMC Investigates Spain’s Restrictive Port Practices

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Turkey reports that a jet carrying the Libyan army chief lost a signal over Ankara.
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