The fishing vessel Pacifica moored safely in Honolulu Harbor Monday after taking on water approximately 144 miles north northeast of Oahu.The cause of the flooding was determined to be insufficient shaft packing in the stern tube, which allowed water to enter the vessel…
San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, announces that it has spudded the Gierałtowice well, which is the second well being drilled in the Karpaty area in Poland.The Gierałtowice…
The Gazprom Management Committee addressed the progress with the South Stream It was stressed that South Stream gas pipeline project was ready for constructing. This includes the most complicated part of the project – the first and the second strings of the offshore gas pipeline…
The F-35C Lightning II carrier variant Joint Strike Fighter completed its first phase of developmental test (DT) aboard an aircraft carrier Nov. 14, three days ahead of schedule aboard USS Nimitz (CVN 68). During the DT-I event, F-35C…
Eivind Holtsmark Ringstad from Oslo has been granted the Statoil talent scholarship in classical music for 2014.The grant is part of Statoil's talent program 'Heroes of Tomorrow', where the company supports young talents in education…
The '4th Annual Conference on the Outlook for Bunkering and Marine Lubricants in India' will be held on Thursday, December 4, 2014 at the Hotel Vivanta by Taj-President, Cuffe Parade, Mumbai.With the demand for shipping fuel at major…
Halliburton Company and Baker Hughes Incorporated today announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction. The transaction is valued at $78.62 per Baker Hughes share…
President Energy gave a mid-November update on the progress of the Lapacho well, Chaco Region, Paraguay.The well has been drilled to 4,490m since setting casing at 4,125m. President has previously announced that a light oil/condensate…
OSX Brasil SA, a shipbuilding and ship leasing firm controlled by Brazilian tycoon Eike Batista, presented a revamped bankruptcy protection plan to a judge in Rio de Janeiro on Monday. In May, OSX had presented a plan to pay $2.6 billion in debt over 25 years…
The 19th Annual Career Days organized by Istanbul Technical University Maritime Faculty Career Club hosted Akmar Shipping on November 17.Akmar Shipping was represented by Personnel Manager Özge Ataman and Operation Manager Tarık Gürsoy. Ataman and Gürsoy began by introducing the company…
Containers Adrift in Oakland EstuaryContainers fell into the water from motor vessel NYK Aquarius while offloading cargo at SSA Facility Berth 57 in the Oakland estuary, causing the U.S. Coast Guard (USCG) and local fire department personnel to enforce a safety zone in the area…
Rajaish Bajpaee, Chief Executive Officer of Bernhard Schulte Shipmanagement, will receive the Tanker Shipping & Trade Lifetime Achievement Award in recognition of a career spanning more than 40 years and characterized by outstanding commercial acumen…
The Department of International Relations and Cooperation, in collaboration with the Institute for Global Dialogue associated with UNISA, the Open Society Foundation South Africa, the Friedrich-Ebert-Stiftung and the South African Defense and Security Management Network…
Directors of the 180 million GT North P&I club have decided on an overall premium increase of 4.75% for mutual protection and indemnity (P&I) cover next year, with a minimum increase per member of 2.5%. According to North’s chairman Pratap Shirke…
International accountant and shipping consultant Moore Stephens is to make representation to Her Majesty’s Revenue & Customs in connection with recently issued draft revised guidance in respect of the U.K. tonnage tax regime, some of which it considers to be unhelpful…
