CNOOC Limited said that its parent company, China National Offshore Oil Corporation (CNOOC) has signed production sharing contract (PSC) with BP for deepwater Block 54/11 in Pearl River Mouth Basin in the South China Sea.Block 54/11 is…
US exports have been relatively robust in a backdrop of a moribund global economy, but slowing growth means that President Obama’s ambitious plan to double outbound trade in five years will fall short.In his first State of the Union speech in January 2010…
Two new chief operating officers and an offshore support services director have been appointed at Bibby Offshore to support the company’s significant future development plans. Current managing director Fraser Moonie, who has been in the role for three years…
Thome Group of Companies announced the opening of two new overseas agency offices in Philippines and Indonesia, effectively doubling Thome’s Ship Agency network. These new office openings follow closely behind the Thailand extension in December…
KPI Bridge Oil, a leading global broker & trader in marine bunkers, marine lubricants & risk management products, has promoted Mr. Mark Perrins to Team Leader at its London Office. Mark Perrins has been with the company for nearly 5 years…
UniversalPegasus International (UPI) is a company with a global reach in engineering, project management & construction management for the energy industry, headquartered in Texas.Brown has more than 30 years of experience in the engineering and construction sectors…
The International Chamber of Shipping (ICS) has issued advice to shipowners to help them pre-empt port state control problems when the Convention enters in force on 20 August 2013.The advice – contained in a brochure which can be downloaded…
The Coast Guard on Monday July 15, 2013, released the final report on the investigation into the November 8, 2010, fire onboard the cruise ship Carnival Splendor.The vessel suffered a major mechanical failure in the number five diesel generator…
DryShips Inc. (NASDAQ: DRYS) through its majority owned subsidiary, Ocean Rig UDW Inc., announced that Ocean Rig, through its wholly-owned subsidiaries, Drillships Financing Holding Inc. (“DFHI”), and Dr illships Projects Inc., entered into a $1…
FSL Trust has today successfully taken redelivery of its second crude oil tanker, Action, previously leased to the subsidiary of Geden Holdings Ltd. The vessel will be renamed FSL Shanghai and will operate under the technical management of Thome Ship Management Pte…
Leading provider of private maritime security says it is training more than 100 operatives to meet new standards for German Flagged vessels. Protection Vessels International (PVI), part of Protection Group International and the world’s leading provider of private maritime security services…
Dr Tony Hayward has been awarded the honorary degree of Doctor of Technology (Hon DTech) by Robert Gordon University, Aberdeen. Tony Hayward is the Chief Executive of Genel Energy plc, an Anglo-Turkish exploration and production company…
The ITF (International Transport Workers’ Federation) is pleased to announce the signing of a co-operation agreement with Bourbon, a major provider of marine services to the oil and gas industries in over 45 countries worldwide. The ITF states…
ICS issues free advice to shipowners. The International Chamber of Shipping (ICS), whose member national shipowners’ associations negotiated the text of the ILO Maritime Labour Convention (MLC), has issued advice to shipowners to help…
The 170 million GT, ‘A’ rated North P&I club achieved another ‘stable’ result in a difficult financial year, says chairman Pratap Shirke in the club’s newly published Management Report 2013. ‘This has been a challenging year for the shipping industry as a whole…
