People & Company News

Shell Board Appoints Holliday as Chairman

Royal Dutch Shell plc’s board of directors has appointed Charles O. Holliday as chairman with effect from the conclusion of the 2015 Annual General Meeting (AGM),

WSS Appoints Ships Agency Manager for Singapore

Wilhelmsen Ships Service (WSS) has appointed Jason Chin as Ships Agency Service Manager, Singapore. With over 15 years’ experience in the maritime and shipping industry,

Vale CEO: Coal Deal Soon

Brazilian mining company Vale SA is close to making a "strategic" announcement concerning its coal unit, the company's chief executive Murilio Ferreira said on

Braemar Hosts Insurance Experts

Braemar (incorporating The Salvage Association) welcomed an invited group of marine insurance professionals onto its specialist port and shipyard familiarization

NAO Announces Financials, Declares Dividend

Nordic American Offshore Ltd. has declared a dividend of $0.45 per share for 3Q2014, as previously announced. This is the same dividend as for the previous two quarters.

Kirby Corp. Announces Record 3Q Results

Record 2014 third quarter earnings per share of $1.34 compared with $1.21 in the 2013 third quarter, which included a $0.08 benefit due to the reduction of the United earnout liability.

National Oilwell Profit Up on Rig Systems

National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a 10 percent rise in quarterly profit as its rig systems business readied more oil and gas wells for production.

Vale Financials Disappoint; Iron Ore Prices, Currency Cited

Brazil's Vale posted a surprise loss of $1.44 billion on Thursday, hurt by a fall in the price of iron ore, higher production costs and a weakening Brazilian currency.

Verbund Sells Bulgarian Wind Farm

Verbund sold its Bulgarian wind farm to a unit of Bulgarian financial group Inovent Holding, the Austrian utility said on Thursday without disclosing the price.

Nigeria Kidnappers free German National

Nigerian gunmen have freed a German citizen working for construction firm Julius Berger less than a week after they kidnapped him and killed another German citizen in a raid on their vehicles,

TransCanada Seeks Nod for East-West Pipeline

TransCanada Corp said on Thursday it had filed for regulatory approval of its C$12 billion ($10.8 billion) Energy East pipeline, pushing ahead with a plan to ship

Ukraine: Gas Debts Paid after Deal Signed

Prime Minister Arseny Yatseniuk said on Thursday that Ukraine's position at three-way talks in Brussels was that the price of Russian natural gas should be $378 per 1,

Walter Energy Trims Costs, Narrows Loss

Coal miner Walter Energy Inc reported a smaller loss in the third quarter as its cost cutting efforts paid off. Net loss narrowed to $98.9 million, or $1.48 per share in the quarter ended Sept.

Russia to Seize Bashneft Shares

Russia moved to seize shares in Bashneft from a billionaire businessman on Thursday over what a court said was the oil producer's "improper privatisation", deepening

Danny Broad Appointed to ARENA Board

The Chair, Board members and staff of the Australian Renewable Energy Agency (ARENA) are delighted to advise that Danny Broad has been appointed by the Australian Government to the Board of ARENA.

Monitoring U.S. Troops Returning from Ebola Mission

Secretary Hagel has signed an order that validated a recommendation from the Joint Chiefs of Staff to place all U.S. military service members returning from

Danaos Corp. 3Q & 9M Results

Danaos Corporation, a leading international owner of containerships, today reported unaudited results for the period ended September 30, 2014. Highlights for

Petrobras Unlikely to Hike Fuel Price on Friday

Brazil's state-run oil company Petroleo Brasileiro SA, known as Petrobras, is unlikely to approve a gasoline price increase in its board meeting planned for Friday,

Rosneft CEO: No Plans to Buy Oil Assets in Russia

Igor Sechin, chief executive of Russia's top crude oil producer Rosneft, said on Thursday he does not see any oil assets inside the country that could be an attractive purchase for the company.

Mercy Ships Founder Receives Service Award

Don Stephens presented with award from Points of Light with recognition for more than 35 years of leading Mercy Ships volunteers in more than 70 countries Mercy Ships,

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