People & Company News

U.S. Crude Falls on Worries About Glut, Brent Flat

Front-month expires Monday, long liquidation seen; dollar index highest in more than four years.   U.S. crude oil fell on Friday, on track for its fourth daily

Billionaire Fredriksen Commits to Seadrill

Shipping billionaire John Fredriksen reaffirmed on Friday its commitment to Seadrill, the world's largest rig company by market capitalisation, whose shares have

Sulzer Shareholder has 5 pct Dresser-Rand Stake

Russian billionaire Viktor Vekselberg's Swiss investment firm Renova Group said on Friday it had a 4.99 percent stake in U.S.-based Dresser-Rand, which might become the object of a takeover battle.

Statoil Finds Gas in Arctic Norway

Norwegian energy firm Statoil has found gas in the Pingvin prospect in the Norwegian Arctic, one of its partners said on Friday. "The well has identified gas in a sandstone reservoir,

MAN-Powered Cargo Vessel Meets Tier III

Classification society awards SCR system emissions certificate. MAN Diesel & Turbo has been awarded a Tier III - compatibility certificate by the DNV- GL classification

FPSO Petrojarl Knarr Delivered to Norway

Three tugs of Fairmount Marine have towed the brand new FPSO Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest

Source: Siemens Offering $6.1 bln for Dresser Rand

Germany's Siemens plans to offer more than $6.1 billion, or $80 per share, for U.S. compressor and turbine maker Dresser-Rand, Germany's Manager Magazin said on Friday.

Shell Russia, Total Continue Russia Work

The head of Shell Russia said on Friday that the company's strategy in Russia remained unchanged, although the firm is evaluating the implications of sanctions

Exxon, Rosneft May Halt Arctic Operations

Russia's natural resources minister said on Friday that it was highly likely that U.S. oil major Exxon Mobil Corp and its Russian counterpart Rosneft had halted

Transas Simulators Boosts Western Shipping Training Center

Transas Marine Pacific has successfully completed the upgrade of a simulator complex for Western Shipping Pte. Ltd. training center. The simulator class was

Scotland's 'No' to Independence Welcomed by Shell

Royal Dutch Shell CEO Ben van Beurden on Friday welcomed Scotland's vote against independence. "Shell welcomes the decision by the people of Scotland to remain within the UK,

Long Beach Public Invited to Celebrate QM's 80th

The iconic trans-Atlantic liner Queen Mary turns 80 on September 26 and the public is invited to join a ship-wide celebration. The Queen Mary will open her gangways and ballrooms,

ABB Wins Boa Offshore Contract

Boa Offshore has chosen ABB Turbocharging’s proactive Maintenance Management Agreement for servicing of turbochargers aboard four of its vessels, ensuring, says ABB Turbocharging,

TESSCO Installs Chesapeake Bay Police Boat Video System

Leading networking company, TESSCO Technologies Incorporated, informs it has worked closely with the Maryland Department of Natural Resources (DNR) to successfully implement,

Livingston Appoint Candace Sider V-P Regulatory, Canada

Customs brokerage and trade compliance advisors, Livingston, say that to better reflect the company’s integral role in regulatory affairs for its clients, Livingston

Ingram Barge Order 20 Tank Barges for 2015

Ingram Barge Company say they will be building 20 tank barges in 2015 to meet growing demand for chemical shipments. While most of the company’s recent tank barges have come through acquisitions,

CD-adapco, Ben Ainslie Racing Team Up

CFD focused provider of Computer Aided Engineering software, CD-adapco, says it has formed a partnership with  Ben Ainslie Racing, enabling the America’s Cup team

US Pollution Risks: Federal & State Summaries

The US Pollution Risks publication, recently published for its members by the UK P&I Club, compiles summaries of all the Federal and state requirements on liability,

Rentocean to Supply Van Oord 300T Onshore Turntable

RentOcean, a 100 percent owned subsidiary of Oceanteam Shipping ASA, says it has been awarded a contract to supply Van Oord Offshore Wind Projects BV a 3000t demountable

Phoenix International Awarded US$75-M Subsea Navy Contract

US Department of Defense inform that Phoenix International Holdings Inc., Largo, Maryland, is being awarded a $75,000,000 indefinite-delivery/indefinite-quantity,

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