Rowan Companies (NYSE: RDC) appointed Stephen M. Butz as Executive Vice President, Chief Financial Officer and Treasurer, effective December 1, 2014. Butz joins the company from Hercules Offshore, Inc., where for the past nine years he has served in various corporate development…
Two senior trading heads have left Brightoil Petroleum Holdings Ltd, and the company has hired a former executive from China's state-run Sinochem, marking a reshuffle at its Asia trading operations, senior trading sources said.Brightoil's…
The captain of a South Korean ferry that capsized in April killing 304 passengers was jailed for 36 years on Tuesday after a court found him guilty of negligence, but was acquitted of homicide for which prosecutors had sought the death penalty…
A Coast Guard Station South Portland, Maine, crew responded to a boat fire aboard a 30-foot lobster boat in the vicinity of Cushing Island, Maine, Monday.The Portland dispatch notified Station South Portland at about 12:20 p.m., of a…
The number of ultra large vessels calling at the Port of Hamburg has been on the increase for years. This is resulting in some major challenges for the port operators, shipping companies and authorities. With the introduction of the Nautical Terminal Coordination (NTK)…
Blue skies and a cool breeze set the stage for a once-in-a-century event today: the 100th anniversary rededication of the opening of Houston's deep-water port.International Longshoremen's Association, Houston Pilots, U.S. Coast Guard…
A large-scale yacht race will take place around Hong Kong Island on November 16, 2014 (Sunday). About 220 yachts are expected to participate in the race.The yachts will set off at staggered times between 0815 hours and 0930 hours off the Causeway Bay Typhoon Shelter…
BP announced today that it is now operating the world’s first robotic coreflooding system. The Core Flood Robot is the most recent addition to BP’s programme of enhanced oil recovery (EOR) research facilities.Coreflooding is one of the most…
Schlumberger announced today the availability of its multiclient seismic survey offshore Mozambique. The Schlumberger multiclient seismic data offered in collaboration with the National Petroleum Institute of Mozambique (INP) includes reprocessed 2D lines and newly acquired seismic data…
Caterpillar Inc. Director of Investor Relations Rich Moore will speak at the Goldman Sachs 2014 Industrials Conference on Thursday, November 13. He is scheduled to speak at 11:20 a.m. Eastern Time. No presentation materials will be available…
Adani Ports & SEZ Ltd, India’s largest port developer and part of Adani Group, today announced financial results for the quarter and half year ended September 30, 2014.The company reported a 67.7 per cent rise in consolidated net profit at $ 95…
Mumbai Port Trust in their circular No. MbPT Circular No. TM/ID/CIRCULAR/678 has informed about their plan to repair the outer lock gate through a private contractor. The schedule is as under :- Removal of the lock gate on 15th May during day by Port floating crane Shresta…
Cairn has made a discovery of high quality oil in the second well in the Senegal exploration programme.The SNE-1 well is located in 1,100 metres (m) water depth and approximately 100 kilometres (km) offshore in the Sangomar Offshore block with a target depth of ~3…
Northrop Grumman Corporation (NYSE: NOC) named Todd Leavitt, vice president of the company's Maritime Systems business unit, effective immediately. Leavitt will have executive responsibility for all Maritime Systems programs and products.…
This alert raises awareness as to the importance of not modifying equipment or components from their intended design or operation. Recently, a State Pilot suffered a concussion as he was boarding a vessel via its pilot ladder. The primary…
