Finance

Golar LNG Dividend

  Reference is made to the third quarter 2014 report released on Nov 26, 2014. Golar LNG will be trading ex-dividend of a total dividend of $0.45 per share on December 3, 2014.

Seadrill Says to Resume Dividend When Rig Market Turns Around

Offshore oil driller Seadrill plans to resume dividend payments when the market begins to improve, Chief Financial Officer Rune Magnus Lundetrae said.   Known

New Company Takes Over OW Tanker

OW Tanker, a unit of bankrupt OW Bunker and owner of its marine fuel supply ships, has been taken over by a newly-created company, the fleet manager told Reuters on Wednesday.

Chile Mining Sector to Double Energy Demand by 2025

Chile's sprawling mining industry, responsible for around a third of global copper output, is set to nearly double its electricity use by 2025 as multibillion-dollar investments come to fruition,

BIMCO to Develop Standard Term Sheet for Ship Finance

BIMCO announced its intention to develop a standard term sheet to assist the shipping industry in the creation of ship financing documentation.    The aim of

OPEC's Other Problem: Weak Demand

By now, everyone is aware of the serious threat rising shale output from the United States poses to OPEC. But sluggish demand growth in response to the quadrupling

U.S. Crude Inventories Rise More Than Expected

U.S. crude stocks rose more than expected last week, while gasoline stocks increased and distillate inventories fell, data from the Energy Information Administration showed on Wednesday.

Lukoil to Raise 3 yr Loan From Sberbank

Lukoil, Russia's second largest oil producer, said on Wednesday it had signed an agreement with Sberbank to raise a loan worth 63 billion roubles ($1.34 billion).

WRRDA: Clearing the Channel for P3 Projects

A Creative Combination for Financing Inland Waterways Infrastructure Earlier this year, the U.S. maritime industry in general, and the inland waterways industry in particular,

Cold Weather Boosts Spot, Near Curve Prices

Colder weather in the region pushed central European day ahead prices higher on Wednesday, offsetting a rise in renewables, traders said. Czech electricity for

Choosing the Best Financing Proposal

It isn’t always about the rate. In a robust boatbuilding market – like the one we see now – even the most successful, financially stable operators need to borrow.

Crude Futures Plunge after OPEC Stakeholders Meet

U.S. and Brent crude futures declined sharply after Iranian Oil Minister Bijan Zangeneh said on Wednesday he had an "excellent" meeting with Saudi Oil Minister

EU: Ships Will Measure CO2 Emissions

Shippers to begin monitoring from 2018; Environmental groups say law is weak, shippers favorable. The shipping sector will for the first time have to monitor

Matson Raises 2015 Westbound Hawaii Box Rates

Matson, Inc., a U.S. carrier in the Pacific, announced that Matson Navigation Company, Inc. (Matson) will raise its rates for the company's Hawaii service by $225

Hoegh Sees Tough Market until 2016-2017

Oslo-listed liquefied natural gas (LNG) shipper Hoegh LNG reported third-quarter earnings below expectations on Wednesday and said its market could remain challenging

China Ups Crude Purchases, Bolstering Reserves

Strategic reserves seen at 30 days, double official plan; China secretive on reserves, but target may be 90 days. China is estimated to be holding double the

Seadrill Shares Dive After Dividend Suspended

No longer world's biggest by market cap. Stock loses premium to peers. Seadrill suspended dividend payments on Wednesday to help it weather a slump in offshore drilling rig market rates,

Oil Dips Below $79 as Market Doubts OPEC

Oil market "will stabilize itself" - Saudi oil minister. Brent crude oil steadied below $79 a barrel on Wednesday after Saudi Arabia signalled it was unlikely

Matson Raises Guam, Micronesia Rates

Matson, Inc., a U.S. carrier in the Pacific, announced today that Matson Navigation Company, Inc. will raise its rates for the company's Guam/Commonwealth of the

Video: Untapped Potential in the Gulf of Mexico

The National Ocean Industries Association (NOIA) has released a new web video illustrating the potential energy and economic benefits to the United States if the

advertise here
 
 
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0597 sec (17 req/sec)