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Leak May Sideline New Mexico Nuclear Waste Site

Oct 01, 2014

It may be five years before a nuclear waste dump in New Mexico closed by a radiation leak is fully operational again, and the facility will need at least $240 million to pay for the initial recovery, a U.S. Energy Department official said on Tuesday…

Imperial Oil Completes Maintenance at Kearl Oil Mine

Oct 01, 2014

Imperial Oil Ltd said on Tuesday it has completed a two-week major maintenance turnaround at its 110,000 barrel per day Kearl oil sands mine in northern Alberta.Imperial 69.6 percent owned by Exxon Mobil Corp said work was carried out over…

General Dynamics Bags $ 50 mi Submarine Contracts

Oct 01, 2014

General Dynamics Advanced Information Systems, a business unit of General Dynamics was awarded two contract modifications totaling $50 million to continue supporting the AN/BYG-1 combat control system aboard U.S. Navy and Royal Australian Navy submarines…

Swissco Doubles Rig Fleet

Oct 01, 2014

SGX Mainboard-listed Swissco Holdings Limited an integrated, international marine services provider, today announced having completed the acquisition of four additional mobile offshore drilling units, bringing the fleet of rigs to eight. As announced on 15 August 2014 on the Singapore Exchange…

Gazprom Constructs Sports Complex in Stavropol

Oct 01, 2014

Stavropol hosted today a groundbreaking ceremony of a versatile sports & recreation complex of Gazprom.The sports & recreation complex will include a 50 meter Olympic swimming pool, a versatile gym, a hall of martial arts as well as training grounds…

General Dynamics takes Rudy deLeon on Board

Oct 01, 2014

The board of directors of General Dynamics has elected Rudy deLeon to be a director of the corporation, effective September 30, 2014. DeLeon is a senior fellow with the Center for American Progress, a position he has held since November 2007…

Skangass Builds LNG Terminal in Pori, Finland

Oct 01, 2014

With investment support from the Finnish Government of 185 million NOK Skangass has decided to build a new import terminal for LNG. The terminal will be completed in 2016. Skangass plans to create an efficient LNG logistics chain in the Pori area…

Scanjet Bags Multiple Tank Management Orders

Oct 01, 2014

SCANJET Group has followed up its breakthrough Tank Management order from Stolt-Nielsen with a series of contracts for its ITAMA Intelligent Tank Management concept including Tankcleaning, Tank monitoring, P/V valves and the Scanjet VRC(valve related control) system…

Golden Magnolia Award for Antwerp Port Rep.

Oct 01, 2014

Jan Van der Borght, the representative of the port of Antwerp in Shanghai, has been presented with the Golden Magnolia Award. Two years ago he won the Silver Magnolia Award, so that now he is only the second Belgian and the first representative…

Samsung Heavy Venturing Overseas

Sep 30, 2014

SHI is ready to invest around $950 million in the overseas shipbuilding facility by 2017, according to SHI’s Chief Financial Officer Chun Tae Heung.Tankers, bulk ships and smaller container vessels might in the future be built in Malaysia…

Ingalls Shipbuilding Begins Fabrication for Aegis Destroyer

Sep 30, 2014

Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division today marked the start of fabrication for the future Aegis-guided missile destroyer Paul Ignatius (DDG 117). Paul Ignatius, the ship's namesake, and his wife, Nancy Ignatius…

Industry Professionals to Speak at ShipConstructor Conference

Sep 30, 2014

The speakers representing various companies at next week's SSI Americas ShipConstructor User Conference, October 7-9, 2014 in Mobile, Alabama, demonstrate SSI's philosophy of creating software solutions for the shipbuilding industry that integrate with best of breed applications…

NY Harbor Supply & Distribution Fall Reception/Buffet

Sep 30, 2014

More than 600 attendees are expected at the 52nd annual New York Harbor Supply & Distribution Fall Reception/Buffet for the energy and energy related industries at the NY Hilton Hotel Trianon Ballroom, New York on Thursday, October 16, 2014…

OIMO Adds Fuller to Leadership Team

Sep 30, 2014

Offshore Inland Marine & Oilfield Services, Inc. (OIMO), a company in topside and riding crew repair services, announced the appointment of a new executive to the company’s leadership team – Nick Fuller, Director, Business Development. In this role…

Kounalakis Joins OW Bunker N. America

Sep 30, 2014

OW Bunker, a reseller and physical supplier of marine fuels, announced the appointment of Georgia Kounalakis to its physical supply operation in North America. Kounalakis joins the region’s senior team to take on responsibility for business…

Logistics News

Shallowing of Caspian Sea Impacts Oil Trade

Shallowing of Caspian Sea Impacts Oil Trade

Baltic Container Terminal Orders Eight Hybrid Konecranes Cranes

Baltic Container Terminal Orders Eight Hybrid Konecranes Cranes

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

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Vietnam is hit by Typhoon Kajiki, which has caused trees to fall and homes to flood.
Sources say that Tokyo Gas is in talks with Venture Global to purchase 1 mtpa LNG.
Buffett dismisses talk of Berkshire Railroad merger and CSX shares fall