People in the News

Ballast Water Leadership

Admiral Paul Zukunft, the new U.S. Coast Guard Commandant, could fill the BWT leadership void. Global efforts to combat the spread of invasive species in ballast

EU Helping Ukraine with Slovak Gasline

Slovak link could meet 20 pct of Ukraine's gas demand. Long-term EU-Ukraine flows could meet 50 pct of Ukraine's demand. Germany plays key role in supplying Ukraine.

Supply Pressure Cuts EU Spot Prices

High pressure front to boost sunshine, solar production. Demand flat; Curve trades sideways. High solar power levels combined with good thermal and hydroelectric

Joe Barton: Lift Oil Export Ban

A senior U.S. Congressman from Texas has come out in full support of the United States lifting the 40-year old ban on crude oil exports, putting him at odds with

Nexen Eyes North Sea Buzzard Restart

The operator of the North Sea Buzzard oilfield is looking at restarting the field later on Tuesday, trading sources said, potentially adding supply to a market

Pembina Buying Vantage Pipeline, Ethane Plant

Canada's Pembina Pipeline Corp said it would buy the Vantage pipeline system and Mistral Midstream Inc's interest in the Saskatchewan ethane extraction plant from

Saudi Pipeline Alight After Shots Fired

A small fire erupted on a gas pipeline in Saudi Arabia's Eastern Province on Tuesday after unidentified assailants shot at a security patrol, Saudi security and oil industry sources said.

India's Financial Hub Mumbai Hit by Power Cuts

Power cuts hit large areas of Indian financial capital Mumbai on Tuesday following a technical glitch at an electricity generation unit, but back-up generators

Slovakia Opens Gasline to Ukraine

Slovakia opened a pipeline on Tuesday able to deliver gas from the European Union to Ukraine, a link that could potentially supply up to 20 percent of the nation's

Wärtsilä Yuchai J/V Inaugurate Marine Engine Factory

The Wärtsilä Corporation & Yuchai Marine Power Co., Ltd., Joint Venture (J/V) has inaugurated its new factory in Doumen District, Zhuhai City, Guangdong Province, China.

Navy Unmanned Aircraft Sets the Bar

The Navy's X-47B unmanned aircraft has completed its final test aboard 'USS Theodore Roosevelt' (CVN 71) and has returned to its home base at Naval Air Station Patuxent River after eight days at sea
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Resuming Ordinary Operations at In Amenas

  19 months after the In Amenas attack, Statoil and the joint venture partners are ready to resume ordinary operations at the plant. In June, the corporate

Gibdock Rreputation Rises in German Market

Gibdock has continued to see its stock rise amongst the German shipowner community over the past year. Indeed the Gibraltar ship repair yard’s recent client list

ClassNK's Noboru Ueda Attends KOTC Delivery Ceremony

  Mr. Noboru Ueda, Chairman and President of ClassNK attended the delivery ceremony for the M/T Al Yarmouk, constructed at Daewoo Shipbuilding & Marine Engineering Co.

More German Shipowners Look to Gibdock for Repairs

Gibdock remarks it has continued to see its stock rise amongst the German shipowner community over the past year. Indeed the Gibraltar ship repair yard’s recent

Wärtsilä Reshuffles Two Top Managers

The following appointments have been made in the management inform Wärtsilä Corporation: Mr Rakesh Sarin (59), B.Sc. (Eng.), has been appointed President of Power Plants,

Clarksons PLC Perform Strongly in 1H 2014

Leading shipping services group, Clarksons PLC reports strong strong financial performance in the first half of 2014. Financial Results Clarksons increased revenues by 25% to £111.

ABB Celebrates 125th Anniversary in Finland

  ABB is celebrating today its 125th anniversary in Finland. Founded in 1889 in Helsinki by entrepreneur and inventor Gottfrid Strömberg, ABB Finland is today

Fukushima Fallout: Resentment Grows

   Like many of her neighbours, Satomi Inokoshi worries that her gritty hometown is being spoiled by the newcomers and the money that have rolled into Iwaki since

Modi Seeks Japan's Help for 'inclusive vision'

  Indian Prime Minister Narendra Modi arrived in Japan on Saturday seeking to capitalise on his affinity with Japanese counterpart Shinzo Abe to strengthen security

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