People & Company News

 

Bourbon Q1 Revenues Up 7.9%

Apr 30, 2014

Bourbon 2014 first quarter revenues were €320 million, an increase of 7.9% at constant exchange rates (2.9% at current rates; Bourbon confirms its objective of 8-10% growth in revenues for 2014 with a slight increase in the EBITDAR/revenue margin“Sequentially…

Adams Strengthens AGR Expert Evaluations Team

Apr 30, 2014

AGR’s Reservoir Management UK division (RM UK) is gearing up for a busy year ahead and has grown its sub-surface department with the addition of Steve Adams, Principal Geologist. Steve, who will be based in AGR’s Aberdeen office, has over 30 years’ experience in the oil and gas industry…

Glander Promotes Margaritis

Apr 30, 2014

Glander International Bunkering DMCC is please to announce the promotion of Alexandros Margaritis to Senior Bunker & Lubricant Trader and Team Leader as of May 1, 2014.  “Alex has proved to be a hardworking and valuable team member, who takes responsibility in the office…

Marine Engines Supplier Drives Growth

Apr 30, 2014

Marine engine controls, wiring harnesses and electrical management systems’ manufacturer CMR Group is gearing up for growth with several senior management appointments across its global operations.  Didier Briand comes in as the new international…

Concordia Maritime Elects Board Members

Apr 30, 2014

At the Annual General Meeting of Concordia Maritime AB held April 29, 2014,  Carl-Johan Hagman was reelected as Chairman of the Board and Stefan Brocker was elected as Vice Chairman of the Board. Dan Sten Olsson, Mats Jansson, Michael G:son Löw…

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…

Logistics News

Petition Against Animal Transport to War Zones Submitted to EU Commission

Petition Against Animal Transport to War Zones Submitted to EU Commission

Spiridon II Hearing Adjourned

Spiridon II Hearing Adjourned

Port of Brownsville Welcomes Local, Industry Leaders at State Address

Port of Brownsville Welcomes Local, Industry Leaders at State Address

US Sanctions Cuban State Oil Company

US Sanctions Cuban State Oil Company

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There are some flights to the Middle East that have resumed but there is still disruption.
UK anti-Islam Robinson detained briefly under terrorism laws
Manufacturers and unions warn that the UK is losing jobs to other countries due to high energy prices