People & Company News

 

Eni Sells Gas Brasiliano Distribuidora

Jul 31, 2011

Eni has completed the sale of its 100% participation interest in Gas Brasiliano Distribuidora S.A. ('GBD'), a company that markets and distributes natural gas in the State of São Paulo - Brazil, to Petróleo Brasileiro S.A. ('Petrobras'), through its subsidiary Petrobras Gás S…

GAC USA, Wightman Shipping Join Forces

Jul 29, 2011

GAC USA has formed an alliance with Wightman Shipping Co. in the United States of America (USA). Operating as GAC-Wightman Shipping, the collaboration offers shipping services across North-eastern and Mid-Atlantic ports in Philadelphia, New York and Baltimore…

Cambiaso&Risso takes over Carlo Sciaccaluga srl

Jul 29, 2011

Ship Agency Cambiaso&Risso has taken over Carlo Sciaccaluga srl, the historic ship agency established in 1903 as a forwarding agent in Genoa port and now boasting a solid reputation in the food industry, vegetable oils and chemical sector (particularly Biodiesel)…

MOL Upgrades CX1 Service Linking Panama, Manaus

Jul 29, 2011

Mitsui O.S.K. Lines, Ltd.  upgraded its CX1 feeder service between Panama and Manaus and the beginning of independent operation on the route. The move will provide additional space on this rapidly growing trade with four 1,700 TEU ships and stabilize the schedule to boost service quality…

Statoil Reports Dramatic Increase in Net Income

Jul 28, 2011

Statoil's second quarter 2011 net operating income was NOK 61 billion, a 129% increase compared to NOK 26.6 billion (nearly $11.3 billion) in the second quarter of 2010. The quarterly result was mainly affected by a 32% increase in the average prices for liquids measured in NOK…

MOL: New Containerships to Upgrade Service

Jul 28, 2011

Mitsui O.S.K. Lines, Ltd. announced an upgrade to its Asia-East Coast South America Service (CSW). From July 2011 through 2012, MOL will launch a total of 10 new 5,600 TEU containerships which will replace its currently-operated vessels on the CSW…

Admiral Papp: USCG Not Ready for Arctic Ops

Jul 28, 2011

Coast Guard Commandant Adm. Bob Papp testified before the U.S. Senate Commerce, Science and Transportation Committee Oceans, Atmosphere, Fisheries and Coast Guard Subcommittee on defending U.S. economic interests in the changing Arctic.During the hearing…

Kirby Announces 2Q Results

Jul 28, 2011

Kirby Corporation (NYSE: KEX) announced net earnings attributable to Kirby for the second quarter ended June 30, 2011 of $41.7 million, or $.77 per share, compared with $29.3 million, or $.54 per share, for the 2010 second quarter.  The 2011 second quarter results included an estimated $…

ACL Appoints New Executives

Jul 27, 2011

American Commercial Lines (ACL) has relocated Bill Braman, Senior Vice President and Chief Operating Officer – Transportation Services, to Harahan, LA, where he will lead the field implementation of ACL’S new operating plan and scheduled service platform…

Iraqi Delegates to Visit OPITO

Jul 27, 2011

Following the signing of a landmark agreement with the Iraq Ministry for Oil to help the war-torn country develop the skills and training necessary to exploit its hydrocarbon resources, OPITO will welcome a senior delegation from Iraq on a fact-finding mission…

General Dynamics Reports Strong 2Q Earnings

Jul 27, 2011

General Dynamics has reported second-quarter earnings from continuing operations of $666 million, or $1.79 per share on a fully diluted basis, compared with 2010 second-quarter earnings from continuing operations of $651 million, or $1.68 per share fully diluted…

Offshore Services Chooses MarineCFO Software

Jul 27, 2011

MarineCFO Inc., a provider of Marine Software including On-Vessel, Marine Operations, Personnel, Fleet Maintenance and Financial Management Software Solutions to the Marine Transportation Industry, announced that International Offshore Services…

GAC Appoints Steindamm, Bjorklund

Jul 27, 2011

GAC has expanded its regional Shipping Marketing team with the appointment of Niko Steindamm. As Marketing Manager, Shipping, based in Bremen, Germany, Steindamm will promote GAC's global shipping and related services to the maritime and commodity/trading communities in Germany…

NAT Issues Statement on "Unusual" Trading of its Stock

Jul 27, 2011

Hamilton, Bermuda, July 26, 2011 - There was an unusual trading in the NAT stock yesterday. NAT is not aware of any corporate news or market news that caused the irregular trading. The dividend report for the second quarter 2011 will be published August 8…

Danos & Curole Wins Contract from Chevron Liberia

Jul 26, 2011

Danos & Curole has been awarded a multi-million dollar contract from Chevron Liberia to provide drilling support services in Liberia, West Africa. The company’s consultant service business will carry out preparation work for exploratory drilling…

Logistics News

Operations Begin at Jubail Container Terminal in Saudi Arabia

Operations Begin at Jubail Container Terminal in Saudi Arabia

Concerns Raised by Repeated Chinese Detentions of Panama-Flagged Vessels

Concerns Raised by Repeated Chinese Detentions of Panama-Flagged Vessels

CMA CGM Celebrates Maiden Call of New Port Kobe Service

CMA CGM Celebrates Maiden Call of New Port Kobe Service

New Wildlife Trafficking Compendium Released for Singapore

New Wildlife Trafficking Compendium Released for Singapore

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Russian mariner detained after Houthi Red Sea Attack leaves Yemen
Kyodo reports that the Japanese government has asked top trading firms to accompany a Russia visit scheduled for May.
Data shows that a container ship owned by CMA CGM and French-owned has passed the Strait of Hormuz.