Statoil: Barents Sea Exploration Completed
Statoil has completed the extensive 2013-2014 exploration programme in the Barents Sea. This represents an all-time high exploration activity and 10% of all exploration wells drilled in the Barents Sea since its opening in 1980. “This is a unique exploration programme. A commitment of this size and complexity requires geological, technological and organisational muscle, and the data collected are important for the future understanding of the oil and gas potential in the Barents Sea…
Alpha Bank Raising $510 mln From Securitized Loans
Greece's Alpha Bank is set to raise about $510 million from securitized shipping loans in one of the first European asset-backed deals in the sector for nearly a year…
OW Bunker Applies for Court Restructuring
Following the announcement made yesterday regarding fraud in Singapore and significant risk management loss, the board of directors regret not having found able…
Thomson Reuters Recognizes ABB as Top Innovators
ABB has been recognized by Thomson Reuters as one of the world’s top 100 innovators for a third year. This award acknowledges companies around the world for their…
USCG Responds to Report of Downed Aircraft near Panama City
The Coast Guard is responding to a report of a downed military aircraft approximately 57 miles south of Panama City, Florida, Thursday. Watchstanders at the 8th…
Navy Christens Littoral Combat Ship Montgomery
The Navy will christen littoral combat ship (LCS) Montgomery Nov. 8 during a ceremony at the Austal USA shipyard in Mobile, Alabama. Vice Chief of Naval Operations Adm.
ST Engineering Injects Capital in Brazilian Arm
Singapore Technologies Engineering Ltd (ST Engineering) today announced that further to its announcement on 11 July 2014 on the setting up of ST Electronics do Brasil…
Kalmar's 18 Forklift Trucks for Algerian Ports
Kalmar, part of Cargotec, is delivering 18 forklift trucks to four different port authorities in Algeria: Algiers, Bejaia, Djen Djen and Mostaganem. The order was…
Dorian LPG Reports 2Q 2015 Financial Results
Dorian LPG Ltd. today reported its financial results for the three months ended September 30, 2014. Took delivery of the second vessel under our VLGC newbuilding program…
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