Maduro Says Venezuela's 2015 Budget to Put Oil at $60
Venezuela's 2015 budget will be based on a target oil price of $60 dollars per barrel, President Nicolas Maduro said on Friday night, but he repeated expectations that prices will recover.
Long Beach Port Adds āFree Timeā for Cargo to Ease Congestion
The Port of Long Beach will add an extra three days to the time that overseas import containers can remain on the docks without charge, in order to grant some reliefā¦
Mount Whitney Departs Batumi, Georgia
The U.S. 6th Fleet command and control ship USS Mount Whitney (LCC 20) departed Batumi, Georgia, Oct. 18 after completing a successful port visit. While in Batumiā¦
Boskalis Consortium Wins Suez Canal Expansion Contract
A consortium consisting of Royal Boskalis Westminster N.V. (Boskalis), Van Oord, NMDC (Abu Dhabi) and Jan de Nul (Belgium) has acquired a contract from the Suezā¦
Hurricane Gonzalo Knocks out Bermuda Power
Power was knocked out to 80 percent of Bermuda's electricity grid due to Hurricane Gonzalo, the island's only power company, Bermuda Electric Light Co., said on Friday evening.
Can Oil & Gas Superpower Lead on Climate Change?
A day before President Barack Obama addressed the United Nations to declare the nation is "stepping up to the plate" to tackle climate change, nearly 400,000 protestersā¦
USS Constitution Not to Set Sail Until 2018
The crew of USS Constitution embarked on their final Boston Harbor underway demonstration aboard Old Ironsides this year, Oct. 17. Constitution set out into theā¦
Worldās 1st LNG Hybrid Barge Christened "Hummel"
The worldās first LNG hybrid barge of Becker Marine Systems was christened with the name "Hummel" on October 18, 2014, at Grasbrook Quay in HafenCity Hamburg. Theā¦
Much Activity During Danish Maritime Days
Danish Maritime Days was well visited, and there were many participants and great enthusiasm at the more than 50 events. Attendance at the many events tells that the maritime days were successful.
No Merger of Yara & CF Industrie
Yara International ASA and CF Industries have terminated their discussions regarding a potential merger of equals transaction. "This has been a constructive process, with solid work by both parties.
USCG Rescue Two from Their Diabled Sailboats
The Coast Guard rescued two people Friday after both of their sailboats became disabled approximately five miles west of the Chesapeake Bridge Tunnel near Hampton.
Hurricane Ana Heads towards Hawaii
Tropical Storm Ana strengthened into a hurricane on Friday and was moving in the direction of Hawaii but was not expected to make a direct hit on the islands, the U.S. National Hurricane Center said.
U.S. Natgas Engine Sales Lagging Fuel's Steep Price Plunge
Natural gas-fueled engines, touted as a clean, low-cost alternative to diesel, continue to struggle for acceptance in the U.S. transportation sector despite a surgeā¦
NSPR Set to Reduce Weld Distortion
Since weld distortion is a very costly problem for U.S. shipyards, the National Shipbuidling Research Program (NSRP) has embarked on a project to reduce weld distortionā¦
Shadrin is D.G. of Gazprom Investholding
On October 13 the Gazprom leadership acceded to Alisher Usmanov's request for releasing him from his position as Director General of Gazprom Investholding. At the meeting Alexey Millerā¦
Open Ship a Success
Amaliekajen was buzzing with life during Culture Night, when the Danish Maritime Authorityās vessel Poul Løwenørn lowered the gangway and invited everyone interested on board.
ITIC Measures against Ebola
The International Transport Intermediaries Club (ITIC) has issued the following general advice related to the outbreak of Ebola. Vessels that have recently calledā¦
KBR, Daewoo win Eni FLNG FEED
KBR Inc. announced today that the KD Consortium, consisting of KBR and Daewoo Shipbuilding & Marine Engineering Company, Ltd, has been awarded a front end engineeringā¦
A2SEA Signs for Dudgeon
Dudgeon Offshore Wind Limited has awarded the Charter for WTG transport and installation to A2SEA A/S. A2SEA shall provide the jack-up vessel Sea Installer includingā¦
GeoSea acquires HOCHTIEF Offshore Assets
DEMEās marine engineering specialist GeoSea acquires offshore assets of HOCHTIEF, one of Germanyās leading international construction groups. HOCHTIEF is sellingā¦