Malaysian state-owned energy company Petronas said on Monday it could delay its planned $11 billion liquefied natural gas plant on Canada's Pacific Coast by up to 15 years unless it can reach a favorable tax deal by month's end.Petronas…
Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of autonomous underwater vehicles (AUVs), announced today that it has officially opened a new, state-of-the-art manufacturing and applied research facility in Pocasset…
U.S. options market bulls rushed to some of the biggest Brazilian companies on Monday, a day after pro-business Brazilian presidential candidate Aecio Neves' surprisingly strong showing in the first-round election vote.Brazilian financial…
Commodities giant Glencore has started talks with Rio Tinto's largest shareholder, Aluminium Corp of China (Chinalco), as it seeks to pave the way for a possible merger in 2015, Bloomberg News reported on Monday.Reuters reported last month…
As the demand for naval technology rapidly escalates globally, the Middle East remains a hotspot for investment and innovation. To this end, Northrop Grumman Corporation (NYSE: NOC), in support of U.S. Naval Forces Central Command in Manama…
TOTE Services, Inc. won a five-year ship management contract by American Roll-on Roll-off Carrier (ARC). The seven-ship ARC fleet consists of Pure Car Truck Carriers that carry cargo in U.S. – International trades for the U.S. Government and its various agencies…
Unique partnership offers the first fully integrated LNG solution to ship owners.WesPac Midstream LLC (WesPac), a leading provider of energy infrastructure and LNG solutions, announced a partnership agreement with Clean Marine Energy LLC (CME)…
Iskes Towing & Salvage has taken delivery of a Damen ASD 3212 tug named Mercurius. To date the Netherlands-based tug operator’s fleet now includes three Damen builds, all built in the last four years. “We used the same leasing option (with Damen) with the Argus…
ZIM Integrated Shipping Services Ltd. has announced the following changes to its Board of Directors: The Board of Directors of the company appointed Mr. Aharon Fogel as Excutive Chairman of the Board of Directors effective as of October 6…
French state-controlled nuclear group Areva will further cut back its investment budget and sell more assets to shore up its balance sheet, and the position of Chief Executive Luc Oursel is under threat, French daily Les Echos said on its website on Monday…
LNG America welcomes Captain George “Joe” Paitl to position of VP Marine Operations and HSSE Compliance. Capt. Paitl is a retired US Coast Guard senior officer who most recently held the position of Commanding Officer and Captain of the Port…
Scandinavian Shipping & Logistics has been appointed as Sloman Neptun’s agent in Sweden. Sloman Neptun Shipping & Transport GmbH has appointed Scandinavian Shipping & Logistics AB as its agent in Sweden. The two companies will work in…
Stabilisation follows a week of sharp falls Strong Asian and European stocks provide support Concerns of ample supply remain Brent crude oil edged down but stayed above $92 a barrel on Monday after a week of sharp falls, as strong U…
Leading representatives from Search and Rescue (SAR) Operations in Canada and trustees of the International Maritime Federation (IMRF) have met to discuss the challenges in the area, including the possible opening of the North West and North East passages to shipping…
Amendments to SOLAS regulations III/19.2.2 and III/19.2.3 will enter into force on 1 January, 2015, and introduce mandatory requirements for passenger mustering & briefing before or on departure, for ships engaged in international voyages lasting more than 24 hours…
