News

Saudi Oil Pipeline Set Alight

  A "limited fire" broke out on a subsidiary oil pipeline in eastern Saudi Arabia on Saturday after assailants fired shots at a security patrol, the state news agency SPA said.

India Frees up Diesel Prices

 India announced on Saturday that it would life controls on diesel pricing with immediate effect, leading to an immediate fall in pump prices of nearly 6 percent

JSW Curbs Coal Production, Investment

  Poland's JSW, the largest coking coal miner in the European Union, cut its 2014 production target by 9 to 12 percent and slashed investment in an effort to regain

Maduro Says Venezuela's 2015 Budget to Put Oil at $60

   Venezuela's 2015 budget will be based on a target oil price of $60 dollars per barrel, President Nicolas Maduro said on Friday night, but he repeated expectations that prices will recover.

Long Beach Port Adds ‘Free Time’ for Cargo to Ease Congestion

  The Port of Long Beach will add an extra three days to the time that overseas import containers can remain on the docks without charge, in order to grant some

Boskalis Consortium Wins Suez Canal Expansion Contract

  A consortium consisting of Royal Boskalis Westminster N.V. (Boskalis), Van Oord, NMDC (Abu Dhabi) and Jan de Nul (Belgium) has acquired a contract from the Suez

Williams Co Vying for QEP's Gas Pipeline Unit

  Williams Companies Inc is said to be one of the bidders for QEP Resources Inc's natural gas pipeline unit, Bloomberg reported, citing people familiar with the matter.

Hurricane Gonzalo Knocks out Bermuda Power

  Power was knocked out to 80 percent of Bermuda's electricity grid due to Hurricane Gonzalo, the island's only power company, Bermuda Electric Light Co., said on Friday evening.

Can Oil & Gas Superpower Lead on Climate Change?

  A day before President Barack Obama addressed the United Nations to declare the nation is "stepping up to the plate" to tackle climate change, nearly 400,000

World’s 1st LNG Hybrid Barge Christened "Hummel"

  The world’s first LNG hybrid barge of Becker Marine Systems was christened with the name "Hummel" on October 18, 2014, at Grasbrook Quay in HafenCity Hamburg.

Much Activity During Danish Maritime Days

  Danish Maritime Days was well visited, and there were many participants and great enthusiasm at the more than 50 events. Attendance at the many events tells that the maritime days were successful.

Husky's Hardisty Terminal Partly Shut After Fire

  Some parts of Husky Energy Inc's 2.5 million-barrel crude oil tank farm in Hardisty, Alberta, are still not operating after a fire in an empty storage tank on Wednesday,

Hurricane Ana Heads towards Hawaii

  Tropical Storm Ana strengthened into a hurricane on Friday and was moving in the direction of Hawaii but was not expected to make a direct hit on the islands, the U.

U.S. Natgas Engine Sales Lagging Fuel's Steep Price Plunge

  Natural gas-fueled engines, touted as a clean, low-cost alternative to diesel, continue to struggle for acceptance in the U.S. transportation sector despite

NSPR Set to Reduce Weld Distortion

  Since weld distortion is a very costly problem for U.S. shipyards, the National Shipbuidling Research Program (NSRP) has embarked on a project to reduce weld

Shadrin is D.G. of Gazprom Investholding

  On October 13 the Gazprom leadership acceded to Alisher Usmanov's request for releasing him from his position as Director General of Gazprom Investholding. At the meeting Alexey Miller,

Open Ship a Success

  Amaliekajen was buzzing with life during Culture Night, when the Danish Maritime Authority’s vessel Poul Løwenørn lowered the gangway and invited everyone interested on board.

ITIC Measures against Ebola

  The International Transport Intermediaries Club (ITIC) has issued the following general advice related to the outbreak of Ebola. Vessels that have recently

KBR, Daewoo win Eni FLNG FEED

  KBR Inc. announced today that the KD Consortium, consisting of KBR and Daewoo Shipbuilding & Marine Engineering Company, Ltd, has been awarded a front end engineering

A2SEA Signs for Dudgeon

  Dudgeon Offshore Wind Limited has awarded the Charter for WTG transport and installation to A2SEA A/S. A2SEA shall provide the jack-up vessel Sea Installer

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