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ClassNK Tops 230 mi GT

Dec 16, 2014

Leading classification society ClassNK announced that its register topped 230 million gross tons for the first time at the end November 2014. The announcement was made following a meeting of the Society’s Classification Committee, which certified that the NK Register listed 8…

Lloyd's Register Foundation Funds Big Data Study

Dec 16, 2014

The Lloyd’s Register Foundation today launched its Foresight review of big data and announced a conditional grant offer of £10 million to support research by the Alan Turing Institute on engineering applications of big data.The Foundation’s…

Rotterdam Mentality Ties City, Port & University

Dec 16, 2014

The Municipality of Rotterdam, Port of Rotterdam Authority (PoR), Erasmus University of Rotterdam and Rotterdam partners are joining hands to put Rotterdam more clearly on the map, both at home and abroad. The concerted profile under the…

ABB Tromsø Service Point a Boon

Dec 16, 2014

Launching its most northerly Service Point in Tromsø, Norway, ABB Turbocharging reduces customer overhaul turn-around time from as much as one week down to a day.The launch of this Service Point on December 11, 2014 has allowed ABB Turbocharging…

DONG Energy Appoints CEO for E&P

Dec 16, 2014

Søren Gath Hansen will step down as Group Executive Vice President and CEO for E&P. His successor is David B. Cook who comes from a position as Executive Officer and Head of Oil & Gas at the Abu Dhabi National Energy Company, TAQA. Søren…

ABIS Projects Bags £1m Contracts

Dec 16, 2014

ABIS Projects has won a clutch of contracts worth around £1million over the next 15 months. The oil and gas project services consultancy has secured frame agreements and call-off contracts with ADTI, Hunting, Talisman Sinopec and North Sea newcomer…

Slow Progress in US West Coast Port Talks

Dec 15, 2014

The union for 20,000 dockworkers and a group of their employers at 29 U.S. West Coast ports say they are making slow but steady progress in months-long contract talks seen by the shipping industry as a contributing factor in chronic cargo backups…

MARAD Considers Deepwater O&G Exports

Dec 15, 2014

A U.S. agency is considering how the country could export crude oil and natural gas from deepwater ports as the domestic drilling boom adds pressure for Washington to relax trade restrictions and approve shipments of fuel. The U.S. Maritime Administration…

Bill Secures Funding for US Warship

Dec 15, 2014

The United States Senate voted 56-40 to pass bill H.R. 83 which funds the federal government for the remainder of the fiscal year. The funding ensures the construction of a 12th LPD-17 amphibious ship at Ingalls shipbuilding in Pascagoula…

ISS Hires New VP for Africa Operations

Dec 15, 2014

Peter Nielsen has been appointed by Inchcape Shipping Services (ISS) to the position of vice president for Africa operations. Nielsen joined the team this month and will support Mombasa-based senior vice president David Mackay with operations activity across the region…

Tanker Markets See Storage Boon from Oil Price Collapse

Dec 15, 2014

The oil price drop will hand tanker markets an unexpected bonus next year, boosting demand for oil storage at sea while distant eastern markets also bargain-hunt fuel and need shipping. Supertanker rates are already close to five-year highs of over $83…

Dan-Bunkering Employs Accountant

Dec 15, 2014

Janice Chen has been employed at Dan-Bunkering (Singapore) Pte. Ltd. as the company’s new accountant, effective October 27, 2014. Chen took a BA (Hons) in Business and Accounting in the U.K. before returning to Asia and settling in Singapore.

UASC to Open Agency in Switzerland

Dec 15, 2014

United Arab Shipping Company (UASC), a leading global shipping company based in the Middle East has announced that it will open a wholly-owned representation in the Swiss market as of 1st of January 2015. UASC’s new agency in Switzerland (UASAC…

RRC Controls Services Appoints Smith

Dec 15, 2014

3sun Group has appointed James Smith as general manager for its subsea division, RRC Controls Services. Smith joins 3sun Group after a 16 year career with Aker Subsea Limited, where he progressed from a service team workshop manager to global infrastructure and equipment manager…

InterAct Appoints Lerma as Engineering Manager

Dec 15, 2014

InterAct, an Acteon company, has appointed Val Lerma, P.E., as engineering manager. Lerma will be based in InterAct’s Ventura, California, office and has more than 30 years of experience working with major and independent oil and gas operators…

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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