A Bahaman ship Bulk Jupiter with all-Filipino crew members sank on Friday in the East Vietnam Sea, some 150 nautical miles off southern Vung Tau City. Personnel of the Vietnam Maritime Rescue Cooperation Center (MRCC) rescued one and recovered two bodies of the crew members…
South Sudan's oil revenue last year was hit by reduced output because of conflict in the African republic and the rapid decline in oil prices, petroleum minister Stephen Dhieu Dau said in a statement seen by Reuters on Saturday.Oil is the main source of cash for South Sudan…
Mexico's government said on Friday that its latest 'gasolinazo,' or gasoline price spike, will be the only increase this year.The fuel price hike in the world's 10th biggest crude producer comes as slumping international oil prices have…
The euro fell on Friday, continuing the slide that saw the currency finish out 2014 at a 29-month low against the U.S. dollar, on expectations that the European Central Bank will soon embark on outright money-printing.Crude prices fell in a volatile session…
The head of the Senate energy committee plans to introduce a bill next week to force approval of the Keystone XL oil pipeline, though the full chamber faces a battle in obtaining needed votes to overcome any veto by President Barack Obama…
Global benchmark Brent crude oil closed down nearly a dollar a barrel Friday after a day of choppy trading despite expectations of new investments in the new year, as strong mid-day rallies in crude fizzled.Brent was down 91 cents at $56…
Euroseas Ltd. an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today that it received notice from the Nasdaq Stock Market LLC ('Nasdaq') dated December 30…
In a continued effort to provide quality services, CMA CGM group hereby informs of a Rate Restoration Program:Effective February 5th, 2015:From India, Pakistan and Sri Lanka ports to North Europe, Med Sea, Scandinavia, Baltic, Black Sea…
Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended December 31, 2014, an increase of 1.2 percent over the cash distribution of $0.6918 per unit for the quarter ended September 30…
Pollution fines at Turkish ports and Straits have been increased with effect from January 2015.The Turkish authorities are very sensitive and aggressive on all issues concerning water pollution in the country's territorial waters.For this reason…
Amsterdam and Harlingen integrate into Damen’s worldwide network On January 1, 2015, Shipdock Amsterdam and Shipdock Harlingen changed names to Damen Shiprepair Amsterdam (DSA) and Damen Shiprepair Harlingen (DSH) respectively. During the last two years…
The Eurasian Economic Union (EEU) officially starts functioning on January 1.The EEU unites Russia, Belarus, Kazakhstan, Armenia, and Kyrgyzstan.The new economic union envisages free flow of capital, goods services, and workforce on a common market including over 170 million people…
HMAS Launceston assisted in the medical evacuation of a critically ill Chinese mariner from a Chinese fishing vessel, 80 nautical miles south-east of Christmas Island in the Indian Ocean on the afternoon of 1 January, 2015. The request…
Coast Guard crews assisted a disabled fishing vessel 35 miles east of Gloucester, Massachusetts, on Thursday.At about 4 p.m., Wednesday, the three person crew of the fishing vessel Kristin and Michael notified watchstanders at Coast Guard…
GAC Norway AS has been added to the 2014 Gaselle List, a nationally-recognised catalogue of Norwegian businesses that have proven sound finances and sustained growth over a number of years.Introduced by the newspaper Dagens Naeringsliv,…
