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Austria to Sue if EU Regulator Clears UK Nuclear Plan

Oct 05, 2014

Austria will take the European Commission to the European Court of Justice (ECJ) if it approves Britain's plans for a 16 billion-pound ($26 billion) nuclear power plant, a spokesman for the chancellor said on Sunday.The deal to pay a guaranteed…

Areva to Cut Investments to Avoid Ratings Downgrade

Oct 05, 2014

French state-owned nuclear power group Areva will likely decide this week to scale back investments in order to avoid having its credit rating downgraded to junk status, weekly newspaper Le Journal du Dimanche said.The paper, citing unnamed sources…

Kosmos to Buy into Senegal Offshore Blocks for $400 mln

Oct 05, 2014

Kosmos Energy is set to sign a $400 million 'farm-in' agreement with Senegal's state-owned hydrocarbon firm Petrosen and Timis Corp to take a 60 percent stake in the Cayar and St. Louis offshore blocks that they operate, a draft Petrosen document seen by Reuters on Saturday showed…

Offshore Senegal Deal Looms for Petrosen

Oct 05, 2014

Senegal's state owned hydrocarbon firm Petrosen is set to sign a $400 million 'farm-in' agreement with Kosmos Energy and Timis Corp regarding its Cayar and St. Louis offshore blocks, a draft document seen by Reuters on Saturday showed.According to the document…

Russia Going Ahead with South Stream Gas Pipeline

Oct 05, 2014

The Russia-led South Stream undersea gas pipeline is still going ahead, Energy Minister Alexander Novak was quoted as saying on Saturday, following concerns the European Union might be losing enthusiasm for the project.The natural gas pipeline…

Colombia's Oil Sector Rejects Proposed Tax Reform

Oct 05, 2014

Colombia's oil sector on Saturday hit out at a proposed tax reform that the government has presented to Congress, arguing that higher duties on corporate earnings would damage the already troubled driver of the economy.A bill was presented…

5 Boaters Recued near Holden Beach by USCG & Agents

Oct 05, 2014

Coast Guard and partner agencies rescued five boaters Saturday after their boat capsized in Lockwoods Folley Inlet near Holden Beach, North Carolina.Coast Guard Sector North Carolina watchstanders received notification from a good Samaritan…

COSCO Builds 3rd BigRoll MC Class

Oct 05, 2014

BigRoll Shipping announces that it has contracted COSCO Dalian Shipyard Co., LTD to build a third MC Class Module Carrier. She will be named BigRoll Baffin and is scheduled for delivery in June 2016.Bigroll Shipping last year in September…

2 Push Boats Delivered from Shipyard Gebr. Kooiman

Oct 05, 2014

Scheepswerf Gebr. Kooiman successfuly completed modification of two push boats, Imperial XV and XVI, in record time and delivered them to its new owner in Argentina on 26 th September. Initially, these push boats were designed for operation in West-European waters…

Miko Carrying Case for High Power Magnets

Oct 05, 2014

Miko Marine has developed a new carrying case for the convenient transport and storage of its high power anchor magnets. Manufactured from special high density polypropylene the new case is water and dust proof and contains an inner storage…

Portsmouth Shipyard Delivers USS Springfield

Oct 05, 2014

Portsmouth Naval Shipyard (PNSY) delivered USS Springfield (SSN 761) back to the fleet on Sept. 12 ahead of schedule and under budget. PNSY conducted Springfield's docking continuous maintenance availability off-yard at Sub Base New London in Groton…

Bataan ARG/MEU Transits from U.S. 5th Fleet to 6th Fleet

Oct 05, 2014

Ships of the Bataan Amphibious Ready Group (ARG) with embarked 22nd Marine Expeditionary Unit (MEU) transited the Suez Canal Oct. 2, 2014, marking the beginning journey homeward.Deployed since February 8, 2014, the Bataan ARG/MEU is comprised…

Discovery of Gas Accumulation at Espírito Santo Basin

Oct 05, 2014

Petróleo Brasileiro S.A. – Petrobras announces the discovery of new gas accumulation at Espírito Santo Basin post-salt. The discovery took place during drilling of well 3-BRSA-1259-ESS (ANP nomenclature) / 3-ESS-222 (Petrobras nomenclature)…

Young Artists Awarded in Salekhard

Oct 05, 2014

Salekhard hosted today an awarding ceremony of the winners of the Make the World Cleaner contest of children’s drawings and crafts, organized by the Directorate of the Federal Service for Supervision over Natural Resources Use for the Yamal…

USS Princeton Wins CNRSW 'Good Neighbor' Award

Oct 04, 2014

The officers and crew of guided missile cruiser USS Princeton (CG 59) were named as the recipients of the 2014 Navy Region Southwest 'Project Good Neighbor' flagship award for medium-sized sea duty commands, Sept. 29.Princeton was one…

Logistics News

Port of Auckland Commences Upgrade of Bledisloe North and Fergusson North Wharves

Port of Auckland Commences Upgrade of Bledisloe North and Fergusson North Wharves

APM Terminals to Accelerate Port Development in Andhra Pradesh

APM Terminals to Accelerate Port Development in Andhra Pradesh

DOE Grants Lake Charles LNG Additional Time to Commence Exports

DOE Grants Lake Charles LNG Additional Time to Commence Exports

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Baltic Index Rises, Sees Gains Across All Vessel Sizes

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Asahi reports that Japan is looking at a new tax to fund infrastructure improvements to replace the gasoline surcharge.
Iran's envoy in Russia, TASS, says that Iran is hoping for a quick start to the gas deliveries by Gazprom via Azerbaijan.
Air Canada's labor agreement faces strong opposition on wages and could fail