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New Oil Field Found in British North Sea

Oct 24, 2014

GDF SUEZ E&P UK Ltd and BP today announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated block 30/1f (licence P1588) and BP operated block 30/1c (licence P363) was flow tested at a maximum rate of 5…

Kalmar 5th Generation Gloria Reachstackers Enter US

Oct 24, 2014

Kalmar, part of Cargotec, is launching its highly acclaimed range of reachstackers, called Gloria into the Americas. The eagerly awaited launch follows the successful introduction of Gloria into European and APAC markets where Kalmar reachstackers…

Foster Wheeler & MDM Engineering Merged

Oct 24, 2014

Foster Wheeler AG announced today that an indirect wholly owned subsidiary of the Company has completed the acquisition of MDM Engineering Group Limited (“MDM”) on terms consistent with the merger implementation agreement entered into on March 12…

General Dynamics is Link Govt-level Security to Consumer Smartphone

Oct 24, 2014

General Dynamics C4 Systems recently received the Defense Mobile Classified Capability (DMCC) contract from the National Security Agency (NSA). As part of the contract, General Dynamics will deliver up to 1,000 Samsung KNOX™-enabled Galaxy…

Technip & Fluor Bag RAPID UIO Project

Oct 24, 2014

Technip, in a joint venture with Fluor, was awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities Sdn. Bhd. for the PETRONAS Refinery and Petrochemical Integrated Development (RAPID) project located in the state of Johor…

Gazprom to Counter Negative Global Market Trends

Oct 24, 2014

The Gazprom Board of Directors took note of the information on the Company's financial strategy under the conditions of negative trends in the global financial market for the Russian business entities.It was pointed out that the geopolitical…

Antwerp Port Achieves Highest Throughput

Oct 24, 2014

The port of Antwerp handled a freight volume of 148,344,168 tonnes during the first nine months of this year. That’s 3.7% more than the same period last year. Both the container volume and the liquid bulk volume were strongly up, which helps to explain the continuing growth…

Study: Lifting Crude Exports Will Not Raise U.S. Gas Prices

Oct 23, 2014

A highly anticipated study by the U.S. Energy Information Administration will show that domestic oil prices will not rise if the U.S. ban on oil exports is lifted, the agency's top administrator said Thursday. Domestic gasoline prices are set in the global market…

Sea Dispute Sparks China Diplomat to Vietnam Visit

Oct 23, 2014

China's top diplomat to visit Vietnam again amid sea dispute China's top diplomat will visit Vietnam next week, China said on Friday, five months after he last visited during a period of tension over a Chinese oil drilling rig working in part of the South China Sea both countries claim…

New York, London Juxtaposed by New Maritime Event

Oct 23, 2014

On November 13, the newly formed New York Maritime Consortium, a coalition of leaders from New York Maritime Inc. (NYMAR), the Society of Maritime Arbitrators (SMA), the Maritime Law Association (MLA) and the Association of Shipbrokers and Agents (ASBA)…

IBIA Welcomes MEPC Bunker Compromise

Oct 23, 2014

The compromise solution on the issue of ensuring bunker quality agreed at the 67th meeting of the IMO’s Marine Environment Protection Committee (MEPC 67) has been welcomed by the International Bunker Industry Association (IBIA).Submissions…

RCH Acquires Jenkins Hydraulic

Oct 23, 2014

Rio Controls & Hydraulics (RCH), a subsidiary of Rio Marine, based in Houston, Texas has acquired the assets of Jenkins Hydraulic, Inc. of Houston.  RCH currently offers steering, alarm, and propulsion control systems to the marine industry…

Altschuler Named Transportation Director at HDR

Oct 23, 2014

Randy Altschuler has joined HDR as the firm’s West region transportation director, based in the Oakland office. His responsibilities include leading business development activities and growth strategies throughout the West Region. Prior to joining HDR…

Interferry Applauds IMO Consideration of BWTS Exemption

Oct 23, 2014

Interferry has praised a decision made at last week’s meeting of the IMO Marine Environment Protection Committee (MEPC) that could exempt certain ferry operators from fitting equipment required by the impending Ballast Water Management Convention to reduce the spread of invasive species…

Lara Joins Glander International Bunkering

Oct 23, 2014

Glander International Bunkering announced the appointment of Maurice Lara as Bunker & Lubricant Broker/Trader. Glander International Bunkering has five international offices strategically located in Dubai, Mumbai, Singapore, Brazil and Florida…

Logistics News

Morocco’s Marsa Maroc to Acquire 45% Stake in Spain’s Boluda Maritime Terminals

Morocco’s Marsa Maroc to Acquire 45% Stake in Spain’s Boluda Maritime Terminals

Applied Acoustics Deploys Pyxis INS + USBL System for SEP Hydrographic

Applied Acoustics Deploys Pyxis INS + USBL System for SEP Hydrographic

800-Ton Goliath Crane Takes Shape in Port of Chioggia

800-Ton Goliath Crane Takes Shape in Port of Chioggia

Renewable Propane Delivers Clean Energy Without the Wait

Renewable Propane Delivers Clean Energy Without the Wait

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