Essar Ports Ltd. (Essar Ports), part of the Essar, today announced its unaudited results for the quarter ended September 2014.Highlights of Consolidated Results:*Revenue for the quarter increased by 1% at Rs. 435.3 crore as against Rs…
Brent crude jumped almost $2 a barrel on Friday for its biggest daily gain in three weeks as support emerged a day after prices crashed to four-year lows below $80, but analysts were skeptical the rebound would continue, citing concerns over oversupply…
Leaders at the G20 Summit are seeking to lay the foundations for a new global energy trade regime to help ensure open markets and prevent oil and gas supplies being used as tools of foreign policy, the Australian newspaper reported on Saturday…
Following the results of nine months of 2014, Syzran Refinery, a part of the Samara group of refineries of Rosneft, increased output of major oil products compared to the same period in 2013.For instance, almost 1.5 million tons of diesel…
Simrad Yachting, announced today its partnership with Key West Boats, Inc. With a reputation for uncompromising attention to detail, particularly in construction and design, Key West has established a history of a worry-free experience for…
Notice of foreign vessels and crew arriving at PTK Cabang Cilacap (the Government terminal in Cilacap) must be sent to the Immigration office at least 48 hours (2x24 hours) before arrival.Failure to comply with this regulation will result in a fine of up to (equivalent to approximately USD 4…
The Shipping Corporation of India declared its unaudited financial results for the quarter ended 30.09.2014 posting a profit of Rs.18.59 Crores as compared to a loss of Rs.123.53 crores during the quarter ended 30.09.2013. This has resulted in a cumulative profit of Rs…
Q3 TRADING UPDATE - HIGHLIGHTSGood third quarter with sizable financial settlements on old projectsOrder book increased slightly to EUR 3.3 billion2014 OUTLOOKMarket conditions remain challengingGood second half-year expectedFull…
Hamburg Süd shipping line has awarded the contract for handling its new EMCS – Europe-Mexico/Caribbean Service to EUROGATE Container Terminal Hamburg. The first ship will berth at the terminal on 13 November 2014. The regular service links…
The 'Consórcio Tomé Ferrostaal' (CTF) named consortium of Rheinmetall International Engineering, a joint venture of Ferrostaal and Rheinmetall, and the Brazilian company Tomé Engenharia have handed over two modules for the first of a series…
Chemfleet was the eighth guest of the 19th annual Career Days organized by the Istanbul Technical University Maritime Faculty Career Club.Operation Manager Baris Samur, Personal Manager Ozgur Sarioglu, Vice Personal Manager Mahir Adali,…
The U.S. Maritime Administration (MARAD) has granted $450,000 to AEP River Operations of St. Louis, Missouri, to modify the Motor Vessel (M/V) Christopher Parsonage into a fuel-efficient hybrid vessel that conserves fuel and reduces emissions…
Closing ceremonies for two training courses carried out by EUCAP Nestor in cooperation with authorities were held on November 14 in the Seychelles.After two weeks of training, 16 lieutenants and second lieutenants selected from different services of the Seychelles Defense Force (Coast Guard…
Shipping community urged to invest in training to curb spread of virusGlobal shipping, logistics and marine services provider GAC Group is calling for shipping and logistics companies to invest in staff and crew education on how to reduce the risk of exposure to Ebola…
Ray Bagley has been appointed by Huntington Ingalls Industries (HII) as the company’s new vice president of trades operations for its Newport News Shipbuilding division.Bagley, who will earn the distinction of 'Master Shipbuilder' for 40 years of continuous service next week…
