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 the…
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…
MARAD Shipbuilding Loan Guarantee
The launch of the Bravante IX, built in a U.S. shipyard, was from the investments made by the Maritime Administration (MARAD) just three years ago. The investment…
Tankship Owners TORM Get Credit Facility Extension
Denmark-based TORM say that all lenders have supported the agreement to extend the existing Super Senior Working Capital Facility by six months until 31 March 2015…
DoD Award Dredging, Ship Maintenance, Charter Contracts
US Department of Defense informs of placement of contracts for Chesapeake Bay dredging, dry-docking of USS Pearl Harbor, and charter of surface escort vessels. Norfolk Dredging Company…
Frost & Sullivan’s Excellence Awards 2014 recognises 18 companies
Frost & Sullivan held its inaugural New Zealand Excellence Awards on 28 August 2014 at Villa Maria, presenting a total of 18 awards to companies across the industries of Food…
Chinese Solar Company to Buy Germany's SAG Solarstrom
German solar firm SAG Solarstrom AG, which filed for insolvency late last year, said on Saturday it agreed to be acquired by Shunfeng Photovoltaic International for 65 million euros ($85 million).
Indian Govt to Sell Stakes of State Companies
India will sell part of the government's stake in some state-run companies in the next two to three months, Finance Secretary Arvind Mayaram said on Saturday, without naming any company.
VIKING Saatsea Puts Crew Training in its Place
VIKING Saatsea will be at SMM 2014 to showcase the revolution it has brought about in crew training – moving everything on board to cut costs, speed up certification…
Drydocks World to Participate in SMM 2014
Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas, and energy sectors, will participate in the prestigious 26th edition of Shipbuilding…
Indian Investigators Drop Case Against Billionaire Birla
India's Central Bureau of Investigation (CBI) has closed a coal scam case against billionaire Kumar Mangalam Birla and a former top bureaucrat that emerged in 2012…
Oil Train Regulation Passes in California
California lawmakers on Friday passed legislation requiring railroad companies to tell emergency officials when crude oil trains will chug through the state. The…
USCG Responds to Plane Crash 51 mi SE Of Chincoteague Island, VA
The Coast Guard is responding to a plane crash Saturday approximately 51 miles southeast of Chincoteague Island. Watchstanders at the Coast Guard 5th District in…
KKR, Borealis Maritime JV acquires 9 container ships
KKR and Borealis Maritime today announced the acquisition of a portfolio of nine feeder container vessels in a sale process coordinated by Commerzbank. The vessels…
BLM Supports Expanding Oil and Gas Pilot Offices
Bureau of Land Management (BLM) Director Neil Kornze today testified before the Senate Energy and Natural Resources Committee on a bill that would increase the efficiency…
Brazil Presidential Candidate Silva Moots Price on Carbon
Brazilian presidential candidate Marina Silva plans to put a price on greenhouse gas emissions and implement a national carbon market if elected, according to policy proposals released on Friday.
PDVSA Halts Exports of Diluted Crude for Oct
Venezuela's state-run PDVSA has put on hold its plans to export diluted crude oil (DCO) in October as the company reviews production costs that have risen on imports…
SBM Offshore Completes Real Estate Divestment
SBM Offshore is pleased to announce that is has completed the sale and lease back of its Monaco real estate portfolio. The last of the three buildings was sold for…
Kalmar to Supply 4 RTGs to Super Terminais, Brazil
Kalmar, part of Cargotec, will deliver four E-One2 Zero Emission rubber-tyred gantry cranes (RTGs) to Super Terminais in Manaus, Brazil. The 8 million USD order…
Athabasca Completes Dover Stake Sale to PetroChina
Canada's Athabasca Oil Corp said it had closed the sale of its 40 percent interest in the Dover oil sands project to a unit of PertroChina Co Ltd for $1.18 billion.