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Halliburton Seeks to Replace Baker Hughes Board

Nov 17, 2014

Baker Hughes Incorporated today announced receipt of notice from Halliburton Company that it intends to nominate candidates to replace the entire board of directors of Baker Hughes at its Apr. 2015 annual meeting. The nominations followed…

Strathpine Sailor Helps Render Safe

Nov 17, 2014

The lifestyle that comes with a career in the Royal Australian Navy appealed the most to Annaleise Easlea when she enlisted at age 20. Although she did not  know anyone in the Navy before she joined, Seaman Easlea has discovered the camaraderie…

USCG Rescuing Sinking Boat 144 miles off Oahu

Nov 17, 2014

The Coast Guard is assisting the crew of a sinking fishing boat 144 miles north northeast of Oahu, Sunday.Watchstanders at the Coast Guard Sector Honolulu Command Center received a distress call from the commercial fishing vessel Pacifica at 8:58 a…

BHP Billiton's Conservation Efforts on the World Stage

Nov 17, 2014

Thousands of conservation experts from around the world, including environmental scientists from BHP Billiton, are in Sydney for the 2014 World Parks Congress (WPC).WPC is the preeminent conservation forum and is held every 10 years to…

Technip PMC Wins ADMA-OPCO Contract

Nov 17, 2014

Technip was awarded by Abu Dhabi Marine Operating Company (ADMA-OPCO) a contract for project management consultancy (PMC) services for the engineering, procurement and construction (EPC) works of the Nasr Phase II Full Field Development project – Packages 1…

Drydocks World hosts INTERTANKO Team

Nov 17, 2014

Drydocks World received a high-level delegation of the Council members from the International Association of Independent Tanker Owners (INTERTANKO) on 11 November. The delegation included Mr. Olav Eek Thorstensen, MD & CEO of Thome Shipmanagement…

Australian PM Holding Talks on Sub Purchase

Nov 16, 2014

Australia is holding talks with a number of countries on a contract to build replacements for Australia's aging submarine fleet, Prime Minister Tony Abbott said on Sunday at the G20 leaders Summit in Brisbane.Japan has been seen as the…

U.S. Navy Expect Decision on LCS Warship

Nov 16, 2014

Defense Secretary Chuck Hagel is expected to make a decision soon on how to make a new class of smaller warships more lethal and survivable, the Navy's top admiral said on Saturday.Chief of Naval Operations Admiral Jonathan Greenert expected…

G20 Communique to Include Climate Change, Anti-corruption Plan

Nov 16, 2014

The G20 communique will include a significant passage on climate change and an endorsement of an anti-corruption plan, European Union officials said on Sunday.'The most difficult discussion was on climate change,' an EU official said on condition of anonymity…

Merger Talks Feed Energy Sector Deal Speculation

Nov 16, 2014

Talks that could lead to oilfield services provider Halliburton Co buying rival Baker Hughes Inc may herald increased deal-making in the energy business as companies bet on a protracted drop in oil prices, industry bankers said.Competing…

Hedge Funds' Big Bets on Energy Companies Pummeled

Nov 16, 2014

Some of the hedge fund industry's most respected firms made bigger bets on a wide swatch of energy companies during the third quarter only to watch the stocks get pummeled by falling crude oil prices.Robert Citrone's Discovery Capital Management…

Cenovus to Develop Telephone Lake Oil Sands

Nov 16, 2014

Cenovus Energy Inc , Canada's No.2 independent oil producer, said on Friday it has received regulatory approval for its Telephone Lake oil sands project, a facility that could eventually produce more than 300,000 barrels of oil per day.The…

MAN Diesel & Turbo Bags Chinese Ferry Orders

Nov 16, 2014

MAN Diesel & Turbo has secured a contract for the supply of four 9L48/60CR engines for the diesel-mechanical propulsion of two passenger ferries for Chinese shipping companies, Huadong Ferry and Dadong Ferry. The two newbuildings are currently under construction at Huanghai Shipyard in Shangdong…

Petrobras Clarification on Bribe Payment Allegation

Nov 16, 2014

With regards news reports involving SBM Offshore, Petrobras wishes to clarify the following:The company established an Internal Investigation Commission on February 13, 2014, the same day it became aware of the news about the alleged payment of bribes by SBM to Petrobras employees…

MHI to Revamp its Casting Operations

Nov 16, 2014

Effective April 1, 2015 Mitsubishi Heavy Industries, Ltd. (MHI) will revamp its production structure for casting products. From that date all current Group casting operations will be consolidated at the company's Futami Plant, part of its Kobe Shipyard & Machinery Works…

Logistics News

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

PANYNJ, CALSTART Launch Electric Truck Incentive Programs

PANYNJ, CALSTART Launch Electric Truck Incentive Programs

Lloyd’s Register, MARIC Secure AiP for Tri-Fuel Tanker Concept

Lloyd’s Register, MARIC Secure AiP for Tri-Fuel Tanker Concept

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