Brightoil Eyes Upstream After Bohai Purchase
Hong Kong-listed oil trader Brightoil Petroleum Holdings Ltd said on Wednesday it expects its upstream business to be the key long-term growth driver for the groupā¦
U.S. Firm sells Condensate to Mitsubishi
A U.S. energy company has found a second buyer in Japan for its condensate, an ultra-light oil, paving the way for more excess barrels from the United States to head to Asia to meet growing demand.
USCG Responds to Disabled Duck Boat
Coast Guard watchstanders coordinated a tow of a disabled tour boat near McCovey Cove in the San Francisco Bay, Tuesday afternoon. At approximately 12:30 p.m., Coastā¦
Exercise of Options : Roxi Petroleum Plc.
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, announces that following the exercise of options 125,000 new shares ("Option Shares") have been issued.
Ship Reportedly Booked for First US Condensate Export
The first condensate cargo for export is due to load in Texas at the end of this week, headed via the Panama Canal to Asia, shipping sources said. Westport Petroleum Inc.ā¦
Philippine Typhoon Leaves Chaos in its Wake
A typhoon killed at least 10 people as it churned across the Philippines and shut down the capital, cutting power and prompting the evacuation of almost more than 370ā¦
Global Ocean Trade: Latest Shipbuilding Orders
A relatively steady week in the newbuilding market in terms of volume of ordering remarks Clarkson Hellas in their latest S&P Weekly Bulletin, most for LNG carriers.
PayCargo Re-introduces its Logistics Credit Program
Provider of electronic invoicing and settlement solutions for the shipping industry, PayCargo, LLC, says it has brought back its highly successful PayCargo Credit Program.
World's Largest Vessel to be Assembled in Rotterdam Port
āPieter Schelteā, the biggest vessel in the world, is to be completed in the port of Rotterdam. Owner and designer Allseas and the Port of Rotterdam Authority have signed an agreement to this effect.
Admiral Explains 3D Printing is Additive Manufacturing
Vice Adm. Phillip CullomāØChief of Fleet Readiness & Logistics, lead coordinator on the Navy's additive manufacturing efforts, explains for those new to 3D printingā¦