People & Company News

 

Gauthiers’ Relocates, Expands Houma Facility

Apr 30, 2014

Gauthiers’, a Lafayette-based supplier of oil and gas industry containers and support equipment, officially opened the doors to its newly relocated and expanded Houma facility with a community crawfish boil on Friday, April 11.Approximately 200 invited guests dug into more than 1…

Shell Boosts Dividend After Beating Q1 Estimates

Apr 30, 2014

Royal Dutch Shell capped a strong first quarter reporting season for oil majors with better-than-expected results which were boosted by gas earnings, while shareholders were rewarded with a higher dividend.Shares in the company were up…

Korea Ferry Disaster Points Up Cronyism

Apr 30, 2014

A culture of cosy personal ties that can blur the lines between businesses and those regulating them, of profit over safety, and soft courts is in focus as South Korea demands answers over the sinking of a ferry with the loss of more than 300 lives…

Coast Guard to Appoint New Ancient Mariners

Apr 30, 2014

The Ancient Mariner title established in 1978 recognizes the officer and enlisted person with the earliest designation as a permanent cutterman and requires a minimum of ten years of sea time.  A change-of-watch ceremony for the U.S. Coast Guard…

Baltic Capesize Index to be Amended

Apr 30, 2014

Independent source of maritime market information for the trading and settlement of physical and derivative contracts, London's Baltic Exchange says it will be making changes to the Baltic Capesize Index including a change to its vessel description…

Classification Society ABS Selects Key Advisors

Apr 29, 2014

Following the 151st Annual Meeting of Members and of the Board of Directors  ABS informs that industry leaders were elected and appointed to serve on several bodies that contribute to the operation of the classification society as it fulfills…

Wilson, Watson to Keynote SHIPPINGInsight 2014

Apr 29, 2014

Maritime industry executives Captain Michael Wilson and Jim Watson are keynote speakers for SHIPPINGInsight 2014, North America’s premier maritime industry technical forum, Sept. 30 through Oct. 2, 2014 in Stamford, Conn., at the Sheraton Stamford Hotel…

Commodity Trader Gunvor Opens Shanghai Office

Apr 29, 2014

Swiss-based commodity trading house Gunvor opened this month a new trading office in Shanghai dedicated to Chinese domestic business, the company on Tuesday, as it aims to expand its presence in Asia.Gunvor China Trading Ltd, set up in the Shanghai Free Trade Zone…

Ulstein Reports Improved 2013 Results

Apr 29, 2014

Ulstein Group reported it delivered a good result for 2013 with an operating income of NOK 2.3 billion compared to 2012’s result of NOK 2.27 billion. Similarly, Ulstein’s operating profits improved in 2013 to NOK 317.8 million from NOK 228 million in 2012…

Telemar Appointed Reseller for Inmarsat

Apr 29, 2014

Inmarsat has signed an agreement with Telemar SpA, appointing the specialized managed satellite services provider as a Value Added Reseller (VAR) for Global Xpress, serving the Government market in Europe.Andy Start, President, Inmarsat Global Government Services…

Forum Draws Attention to the Perils of Packing

Apr 29, 2014

Freight and logistics professionals at Multimodal 2014 this week will hear specialist insurer TT Club’s Risk Management Director, Peregrine Storrs-Fox and other experts warn of the hazards of incorrect packing of containers and CTUs of all types…

China Secures Abu Dhabi Oil Field Deal

Apr 29, 2014

China National Petroleum Corporation (CNPC) has secured the rights to produce and export oil from Abu Dhabi, helping China secure more fuel for its rapid economic growth. State-run CNPC has expanded over the past decade to over 30 countries…

Statoil Reports Robust Q1

Apr 29, 2014

Norway's Statoil defied gloom in the oil sector by reporting first-quarter earnings above expectations on Tuesday due to higher prices and good results from shale gas activities in the United States, lifting its shares. Regarding new sanctions on Russia…

US Coast Guard Foundation Presents US$400,000 Check

Apr 29, 2014

Anne Brengle, president of the Coast Guard Foundation, presented the check to Rear Adm. Fred Midgette, commander of the Coast Guard 9th District at a ceremony in Cleveland.The presentation of the check was held at the Great Lakes Science Center in Cleveland…

Analysts Strive to Price New Eco-Shipping Measures

Apr 28, 2014

“Think of a number. Any number will do, so long as it is very big. Then double it. The answer is likely to be as accurate as any supposedly informed estimates currently circulating in the shipping sector about the likely size of the industry’s…

Logistics News

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Bulls Joins TVO's Global Business Development Team

Bulls Joins TVO's Global Business Development Team

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

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