Australian PM Holding Talks on Sub Purchase
Australia is holding talks with a number of countries on a contract to build replacements for Australia's aging submarine fleet, Prime Minister Tony Abbott said…
U.S. Navy Expect Decision on LCS Warship
Defense Secretary Chuck Hagel is expected to make a decision soon on how to make a new class of smaller warships more lethal and survivable, the Navy's top admiral said on Saturday.
G20 Communique to Include Climate Change, Anti-corruption Plan
The G20 communique will include a significant passage on climate change and an endorsement of an anti-corruption plan, European Union officials said on Sunday. "The…
Merger Talks Feed Energy Sector Deal Speculation
Talks that could lead to oilfield services provider Halliburton Co buying rival Baker Hughes Inc may herald increased deal-making in the energy business as companies…
Hedge Funds' Big Bets on Energy Companies Pummeled
Some of the hedge fund industry's most respected firms made bigger bets on a wide swatch of energy companies during the third quarter only to watch the stocks get pummeled by falling crude oil prices.
Cenovus to Develop Telephone Lake Oil Sands
Cenovus Energy Inc , Canada's No.2 independent oil producer, said on Friday it has received regulatory approval for its Telephone Lake oil sands project, a facility…
MAN Diesel & Turbo Bags Chinese Ferry Orders
MAN Diesel & Turbo has secured a contract for the supply of four 9L48/60CR engines for the diesel-mechanical propulsion of two passenger ferries for Chinese shipping companies…
Petrobras Clarification on Bribe Payment Allegation
The company established an Internal Investigation Commission on February 13, 2014, the same day it became aware of the news about the alleged payment of bribes by SBM to Petrobras employees.
MHI to Revamp its Casting Operations
Effective April 1, 2015 Mitsubishi Heavy Industries, Ltd. (MHI) will revamp its production structure for casting products. From that date all current Group casting…
Retailers Head North of England
A shortage of inland transport capacity and increased waiting times for lorries at ports in the south of England have brought an uplift in the volume of containers to the Port of Liverpool.
Essar Ports Q2 FY15 Net Profit Up
Essar Ports Ltd. (Essar Ports), part of the Essar, today announced its unaudited results for the quarter ended September 2014. *Revenue for the quarter increased by 1% at Rs.
Oil Surges After Brent Crash
Brent crude jumped almost $2 a barrel on Friday for its biggest daily gain in three weeks as support emerged a day after prices crashed to four-year lows below $80…
G20 Targets New Global Energy Body
Leaders at the G20 Summit are seeking to lay the foundations for a new global energy trade regime to help ensure open markets and prevent oil and gas supplies being used as tools of foreign policy…
Syzran Refinery Output Up
Following the results of nine months of 2014, Syzran Refinery, a part of the Samara group of refineries of Rosneft, increased output of major oil products compared to the same period in 2013.
Simrad Partners Key West Boats
Simrad Yachting, announced today its partnership with Key West Boats, Inc. With a reputation for uncompromising attention to detail, particularly in construction and design…
Foreign Crew/Vessels to Notify Immigration at Cilacap, Indonesia
Notice of foreign vessels and crew arriving at PTK Cabang Cilacap (the Government terminal in Cilacap) must be sent to the Immigration office at least 48 hours (2x24 hours) before arrival.
SCI Declares 1H Financial Results
The Shipping Corporation of India declared its unaudited financial results for the quarter ended 30.09.2014 posting a profit of Rs.18.59 Crores as compared to a…
Boskalis Raises Full-year Profit Forecast
Royal Boskalis Westminster N.V. (Boskalis) has concluded a good third quarter. Revenue and earnings, adjusted to reflect the deconsolidation of SAAM SMIT Towage…
Hamburg Süd Chooses EUROGATE
Hamburg Süd shipping line has awarded the contract for handling its new EMCS – Europe-Mexico/Caribbean Service to EUROGATE Container Terminal Hamburg. The first…
Modules for Petrobras' FPSO delivered
The "Consórcio Tomé Ferrostaal" (CTF) named consortium of Rheinmetall International Engineering, a joint venture of Ferrostaal and Rheinmetall, and the Brazilian…
