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S. Korea Prosecutor to Appeal Ferry Crew Verdicts

Nov 11, 2014

A South Korean prosecutor said on Tuesday his team would appeal against court rulings on the 15 crew of a capsized ferry who were given prison terms ranging from five to 36 years.The captain of the ferry, which sank killing about 300 people…

Rowan Appoints Butz CFO

Nov 11, 2014

Rowan Companies (NYSE: RDC) appointed Stephen M. Butz as Executive Vice President, Chief Financial Officer and Treasurer, effective December 1, 2014.   Butz joins the company from Hercules Offshore, Inc., where for the past nine years he has served in various corporate development…

Leavitt tapped to head Northrop Grumman Maritime Systems Business

Nov 10, 2014

Northrop Grumman Corporation (NYSE: NOC) named Todd Leavitt, vice president of the company's Maritime Systems business unit, effective immediately. Leavitt will have executive responsibility for all Maritime Systems programs and products.…

Phillips to Address SPE ICoTA Conference

Nov 10, 2014

Ian Phillips, chief executive of the Oil & Gas Innovation Centre (OGIC), will highlight how the pace of innovation in the oil and gas industry is significantly lower than in comparable industries  at the 20th SPE ICoTA Well Intervention Conference in Aberdeen this week…

LR 's Sadler Wins Maritime Fellowship Award

Nov 10, 2014

Richard Sadler, CEO of Lloyd’s Register Group Ltd (LR), was honored with the Maritime Fellowship Award at the Maritime Foundation’s Maritime Media Awards.The Maritime Foundation is a charity promoting Britain’s interests across the entire maritime sector…

Additional Fosun Reps Appointed on ROC Board

Nov 10, 2014

The Board of Roc Oil Company Limited (ROC) has today announced the appointment of Dr Yuanlin JIANG, Mr Yao XU and Mr Qunbin WANG as Non-Executive Directors of ROC, as nominees of Transcendent Resources Limited (Fosun), a wholly-owned subsidiary…

Battle of Cocos Commemorated

Nov 09, 2014

The Governor-General, His Excellency General the Honourable Sir Peter Cosgrove, His Excellency Dr Christoph Müller, Ambassador of the Republic of Germany, and Chief of Navy, Vice Admiral Tim Barrett, travelled to the Cocos (Keeling) Islands…

MHI to Transfer Ownership Stake to MEG

Nov 09, 2014

Mitsubishi Heavy Industries, Ltd. (MHI) yesterday concluded an agreement with Miyaji Engineering Group, Inc. (MEG) whereby, effective April 1, 2015, MHI will transfer a 51% ownership stake in Mitsubishi Heavy Industries Bridge & Steel Structures Engineering Co…

RusHydro Inks Deals with Chinese Firms

Nov 09, 2014

Russia's largest hydropower producer, RusHydro , signed agreements with two Chinese companies on Sunday that will boost Chinese investment in Russia's energy sector and could increase Russia's electricity exports to China.RusHydro and China…

Egypt, Greece, Cyprus Pledge More Energy Cooperation

Nov 09, 2014

Egypt, facing its worst power crisis in decades, on Saturday pledged greater energy cooperation with Greece and Cyprus, a diplomatic move that opened up the possibility of progress in talks to import natural gas from Cyprus.Cypriot President…

Libyan Protesters Stop Oil Exports from Eastern Hariga Port

Nov 09, 2014

Libyan state security guards have started a protest at the eastern Hariga oil port, banning any oil exports, a Libyan oil official said on Saturday.A tanker had been waiting for three days to lift oil but the guards did not allow it, the official said…

In Gazprom Deal, JPMorgan Takes on Business

Nov 09, 2014

When JPMorgan Chase & Co agreed to lead a $700 million bond offering for Russian gas producer Gazprom OAO, it was doing business that some U.S. banks are afraid to do, several lawyers and a banker said.Gazprom faces U.S. sanctions after the U…

Natural Gas Workers in Peru May Strike

Nov 09, 2014

Natural gas workers in Peru, South America's biggest exporter of liquefied natural gas, said on Friday they had pulled out of wage talks with Argentine energy company Pluspetrol and would vote on a possible strike in a few weeks.Pluspetrol leads the consortium that taps Peru's Camisea fields…

USCG Hoists Injured From Bimini Superfast Ferry

Nov 08, 2014

A helicopter crew from Coast Guard Air Station Miami hoisted an injured man Wendesday night from the Bimini Superfast ferry approximately 10 miles off the coast of Bimini, the Bahamas.Watchstanders in the Coast Guard 7th District command…

Fortis' Perry to Present at EEI Conference

Nov 08, 2014

Fortis Inc. President and Incoming CEO, Barry Perry, will present at the 49th Edison Electric Institute (EEI) Financial Conference in Dallas, Texas on Thursday, November 13, 2014 between 9:00 am and 9:40 am (Central Time).   A live and…

Logistics News

Oakland Board of Port Commissioners Elects New Board President

Oakland Board of Port Commissioners Elects New Board President

IHI, Vopak Collaborate to Develop and Operate Japanese Ammonia Terminal

IHI, Vopak Collaborate to Develop and Operate Japanese Ammonia Terminal

Latin America's First Electric Tug Debuts

Latin America's First Electric Tug Debuts

Houthi Leader: Shipping Goods Related to Israel Through the Region Isn't Permitted

Houthi Leader: Shipping Goods Related to Israel Through the Region Isn't Permitted

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