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October 31, 2014 8:42 AM ET

Total CEO: EU Must Fight US Crude Export Law

First major public appearance of new Total head; he challenges European politicians to fight US ban. The new head of French energy major Total challenged Europe to fight Washington over the U.S. oil export ban, in his first public appearance since

October 31, 2014 8:31 AM ET

Ship Emissions: Chevron Lube Gains Key Approval

A new Chevron Marine Lubricants 100 BN cylinder oil, which is designed to offer ship owners the ability to achieve the latest emissions legislation, has received full sign off from a key engine maker.  Chevron Marine Products LLC launched its Taro Special HT 100 lubricant earlier this year.

October 31, 2014 8:27 AM ET

Asia-Euro Box Rates Jump 88 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 88.2 percent to $1,312 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.

October 31, 2014 7:58 AM ET

Somali Pirates free Indian Sailors after 4 Years

Somali pirates have freed seven Indian sailors detained for close to four years in exchange for an undisclosed ransom, Somali officials and a maritime monitoring group said on Friday. At one time the pirates made millions of dollars in ransoms from

October 31, 2014 1:41 AM ET

USCG Cutter Diligence Returns

  The crew of Coast Guard Cutter Diligence returned to Wilmington following a 45-day patrol in the Caribbean Sea. While on patrol, Diligence served as the operational commander for all Coast Guard assets supporting Operation Southeast Watch in the Windward Pass between Cuba and Haiti.

October 31, 2014 1:33 AM ET

Southern California Port Congestion

  Hapag-Lloyd informs about the congestion at the ports of Los Angeles and Long Beach that has reached a critical point. I. Several container ships are anchoring off the harbor and waiting in line to berth. Now Vessels are also being delayed due to ongoing congestion.

October 31, 2014 1:29 AM ET

GAC Starts Hull Cleaning Op'ns in Oman

GAC EnvironHull hull cleaning operations using the brush-and-diver-free HullWiper system starting at the port of Sohar, just outside the Gulf of Hormuz. This latest expansion adds Oman to the growing GAC EnvironHull network which already covers Dubai,

October 31, 2014 1:27 AM ET

Ensco plc Reports 3Q, 2014 Results

  Ensco plc  today reported earnings per share from continuing operations of $1.93 in third quarter 2014, up 16% from $1.66 in third quarter 2013. Adjusted for a $0.06 per share gain on the sale of four jackup rigs, third quarter 2014 diluted earnings per share from continuing operations were $1.

October 31, 2014 1:26 AM ET

Chevron Announces Quarterly Dividend

  The Board of Directors of Chevron Corporation today declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable December 10, 2014, to holders of common stock as shown on the transfer records of the Corporation at the close of business on November 18, 2014.

October 31, 2014 1:22 AM ET

Fukushima Offshore Floating Wind Farm Update

A consortium has been participating in an experimental offshore floating wind farm project sponsored by the Ministry of Economy, Trade and Industry since March 2012.   Preparatory works for the installation of the 7MW oil pressure drive-type wind

October 31, 2014 1:19 AM ET

Wärtsilä Propulsion Equipment for 2 Fishing Vessels

  Two new 78 metre purser/trawler fishing vessels being designed and built at Karstensen Shipyard in Denmark will feature Wärtsilä's main propulsion and control equipment. The ships have been contracted by Lunar Fishing, the Scotland based fishing company and will operate in the North Sea.

October 31, 2014 1:10 AM ET

Seaspan Receives 5th 10K TEU Boxship

 Seaspan Corporation announced yesterday that it accepted delivery of a 10000 TEU containership, the MOL Brightness.   The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. using Seaspan's fuel-efficient SAVER design,

October 31, 2014 1:05 AM ET

MHI to Change Name of Group Company

  Effective November 1 Mitsubishi Heavy Industries, Ltd. (MHI) will change the name of its group company in Singapore from Mitsubishi Heavy Industries Engineering & Services Private Ltd. (MIES) to Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP).

October 31, 2014 1:03 AM ET

Petrobras P-66 Platform Module to Boost Production

  The P-66 platform’s first modules, built at the Tomé Ferrostaal Consortium’s Module Plant located at the Port of Maceió, Alagoas, are now ready and loaded on the São Tomé barge. The oil processing module (M08) and the oil processing and produced water

October 31, 2014 1:00 AM ET

Class NK Eyes Singapore Renewable Energy Facility

ClassNK has launched a feasibility study for a new marine renewable energy testing facility to be built in Singapore.   The announcement was made at the 2014 Asian Clean Energy Summit held in Singapore on 28-29 October 2014. The study will pave

October 30, 2014 5:22 PM ET

Easing US Oil Export Ban Unlikey to Raise Gasoline Prices

A government study on Thursday essentially supported the notion that easing the decades-old restriction on exporting U.S. crude was more likely to lower than raise gasoline prices for American motorists, a conclusion that could ease concerns among lawmakers about changing the policy.

October 30, 2014 5:16 PM ET

Keel Laid, Fabrication Started on 2 Navy Warships

This week, General Dynamics Bath Iron Works celebrated two milestone events for the Arleigh Burke-class program. On October 30, Bath Iron Works held a keel laying ceremony for the Rafael Peralta (DDG 115), the company’s 35th Arleigh Burke-class guided-missile destroyer.

October 30, 2014 3:52 PM ET

Industrial Pressure Washers Kill Viruses

Water Cannon pressure washers utilized to fight influenza - clean and sanitize large areas Water Cannon Pressure Washers deliver a wide swath of low pressure 180 degree F. hot (Hot Water Heater required at water source) or ambient temperature water injected with 5.

October 30, 2014 3:19 PM ET

Bulker Arrives to US on Her Maiden Voyage

The Port of Vancouver USA welcomed the Kypros Unity, commanded by Capt. Wilfredo F. Itable of Cyprus, on her maiden voyage Oct. 28. Capt. Itable and his 20-member Filipino crew were welcomed to Vancouver by Keith Anderson and Curtis Williams of United Grain Corp.

October 30, 2014 3:08 PM ET

Study Shows Oceans Arrived Early to Earth

Earth is known as the Blue Planet because of its oceans, which cover more than 70 percent of the planet's surface and are home to the world's greatest diversity of life. While water is essential for life on the planet, the answers to two key questions



 
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