Brent crude was buoyed on Friday by market uncertainty over the future of Saudi oil output, while U.S. crude fell on more signs of oversupply.Saudi Arabia's new king, Salman, who took the throne on Friday morning after the death of his brother Abdullah…
The government has granted Chinese-owned Jinzhao Mining Peru the environmental permit for its proposed $1.5 billion Pampa de Pongo iron mine, estimated to produce 22.5 million tonnes per year.The energy and mines ministry said in a statement…
Delays can be expected in the Kiel Canal following a collision this yesterday, 23 January, with the small north lock gate at Brunsbuettel.Only the big north lock chamber and the small south lock chamber at Brunsbuettel are currently available for transits…
Petrobras develops a new technology that reduces the emission of gases that cause greenhouse A new technology to reduce the emission of greenhouse gases (GHG) is developing a demonstration scale in Shale Industrialization Unit (SIX) in Paraná…
Commander, Naval Air Forces (CNAF) held a change of command ceremony aboard the aircraft carrier USS John C. Stennis (CVN 74) at Naval Air Station North Island Jan. 22.During the ceremony, Vice Adm. Mike Shoemaker relieved Vice Adm. David H…
Liebherr will be showing its new 160-tonne mobile crane LTM 1160-5.2 at the Intermat 2015 in Paris, France. This crane on a five-axle chassis was presented to the public for the first time at the Conexpo Con/Agg 2014 exhibition in Las Vegas (USA)…
Extension operations on MSC Sinfonia, the second out of four MSC cruise ships to undergo the Renaissance Programme of enhancements, have begunin the past days at Fincantieri shipyard in Palermo. Only 2 months ago the conversion operations…
Government of Canada & Irving Shipbuilding mark signing of $2.3 billion AOPS build contract; 3,600 Jobs across Canada generated from Irving’s NSPS commitments to gate The Government of Canada joined Irving Shipbuilding and its employees today marked the signing of the $2…
Ship repair and specialist fabrication firm Dales Marine reports a first time achievement as all of its seven docks around Scotland are full for the first time today. Dales Marine’s docks are filled with vessels ranging from offshore supply vessels to ferries…
Federal Maritime Commissioners Richard A. Lidinsky, Jr. and William P. Doyle met with transportation officials from China on January 14, 2015 in Washington, D.C. Members of the delegation included Professor Yu Shicheng, Chairman of the Shanghai…
International Organization of Masters, Mates & Pilots Asks: If Keystone is a “Jobs Bill” Why Would Congress Want to Send 400,000 Maritime Jobs in 26 States Overseas? S.1, the Keystone XL Pipeline Act, has been described as a “jobs bill”…
Nils Andersen, chief executive of AP Møller-Maersks, has warned that global trade will never return to scorching pre-crisis growth rates, in part because western companies are looking to manufacture more goods closer to home, says a report in the Financial Times…
Rising competition from fast growing private sector ports is forcing government-controlled major ports to re-invent themselves, reports Business Standard. Slowdown in India's international trade is adding to the woes.The government-owned port…
CEVA Logistics, one of the world's leading supply chain management companies, has expanded its market presence in Chicago with the opening of a fourth facility.The company's Chicago operations near O'Hare International Airport (ORD) now encompass four facilities totaling over 650…
Chevron Corporation today announced its Australian subsidiaries have signed a binding Sales and Purchase Agreement (SPA) with SK LNG Trading Pte Ltd (SK). Under the SPA, SK LNG Trading, which is part of a leading industrial conglomerate in South Korea…
