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Latest News - page 1892

 

Battle Over Keystone XL Pipeline

Jan 11, 2015

Nebraska's Supreme Court ruled against a challenge to the Keystone XL oil pipeline's route through the state on Friday, clearing the way for the Republican-controlled U.S. Congress to try to force President Barack Obama to approve the project…

Venezuela's Oil Falls to $42.44

Jan 11, 2015

Venezuela's petroleum export basket dropped to $42.44 per barrel this week from $47.05 last week to reach a 5-1/2-year low, the Petroleum Ministry said on Friday.The South American OPEC member's basket, which includes crude oil and refined products…

Lock & Dam Fire Quickly Doused

Jan 11, 2015

A construction crew working off a barge inside the auxiliary lock at Melvin Price Locks and Dam 26 extinguished a fire Thursday morning inside the engine of a crane on their vessel.Battalion Chief Rob Franke, of the Alton Fire Department…

USNS Trenton (JHSV 5) Christened

Jan 11, 2015

Austal christened USNS Trenton (JHSV 5) this morning at its state-of-the-art shipyard in Mobile, Alabama. USNS Trenton is the fifth of ten Joint High Speed Vessels (JHSV) that Austal has under contract with the U.S. Navy as part of an overall 10-ship block-buy contract worth over $1…

Canbank Venture Acquires Stakes in Anand Teknow Aids Engineering

Jan 10, 2015

Canbank Venture Capital Fund Limited (CVCFL) has picked up approx 5% minority Equity stake in Anand Teknow Aids Engineering India Ltd, a Rs 300 crore closely held Public Limited company manufacturing hi-tech, engineering products for the Oil & Gas sector in India & Gulf…

Petrobras Discovers Oil in Sergipe Basin Farfan

Jan 10, 2015

Petrobras announced results of drilling well 9-SES-188D (Petrobras nomenclature) / 9-BRSA-1280D-SES (ANP nomenclature), located at concession area BM-SEAL-11, in block SEAL-M-426, in Sergipe Basin ultra-deep waters.The results confirm…

Kerry to Push India to Give U.S. Companies Greater Access

Jan 10, 2015

Secretary of State John Kerry will push India to make it easier for U.S. companies to do business there on a trip next week that also takes him to Europe to meet officials from Oman, Iran and Bulgaria, U.S. officials said on Friday.Earlier this week…

SAM Electronics to Retrofit Bridge Systems for Scandlines

Jan 10, 2015

L-3 SAM Electronics announced today that via its Danish subsidiary, L-3 Lyngsø Marine, it was awarded a contract to retrofit navigation facilities aboard four double-ended passenger and freight ferries operated by the German-Danish ferry company…

Optimarin, Goltens Ink WW Deal

Jan 10, 2015

Ballast Water Treatment (BWT) specialist Optimarin and Goltens, a leading provider of engineering and installation solutions for the shipping industry signed a non-exclusive worldwide agreement for retrofitting Optimarin’s Ballast System (OBS)…

New Virginia-Class Attack Submarine Named

Jan 10, 2015

Secretary of the Navy Ray Mabus announced today that SSN 795, a Virginia-class attack submarine, will bear the name USS Hyman G. Rickover. Mabus named the submarine to honor U.S. Navy Admiral Hyman G. Rickover, the man credited for developing USS Nautilus (SSN 571)…

ICTSI Names Head for Australian Unit

Jan 10, 2015

International Container Terminal Services Inc. (ICTSI) has appointed Anders Dommestrup as Chief Executive Officer of its Australian subsidiary, Victoria International Container Terminal Ltd. “We are extremely pleased to welcome Mr. Dommestrup into the ICTSI Group…

SC Ports Handle Heaviest Project Move

Jan 10, 2015

SC Ports Authority recently handled one of its heaviest energy project moves to date, a 1.5 million pound Westinghouse Electric Company steam generator for the South Carolina Electric & Gas Company nuclear power plant expansion near Columbia…

Canadian Seafarers Union Weighs in on CETA

Jan 09, 2015

SIU: Canada's coastline could become the easiest point-of-entry for terrorists if CETA becomes a reality. Their statement on the matter is shown below:The Seafarers International Union of Canada is today raising the alarm to inform Canadians…

SCI’s New Chapter in Maritime Training

Jan 09, 2015

On December 10, 2014, SCI launched a major initiative to transform training for America’s inland mariners at its Center for Maritime Education in Paducah, KY. The day before its 15th Annual River Bell Awards ceremony, the Seamen’s Church…

Boskalis Raises Stake in Fugro

Jan 09, 2015

Royal Boskalis Westminster N.V. (Boskalis) announced that it has increased its holding in Fugro N.V. to 20.01%, stressing that the move is not a step towards making an offer. Boskalis said views Fugro as “an interesting company with strong market positions in its core activities…

Logistics News

Russian Oil Freight Rates to India Remain High

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Baltic Index Hits Almost Five-Year High

Baltic Index Hits Almost Five-Year High

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