Egypt Eyes Suez Container Port Renegotiation
Egypt is trying to renegotiate an extension of an agreement worth $1.5 billion with Suez Canal Container Terminal which has a concession to run a port near the entrance to the canal…
China Defies U.S. Plea for Restraint in South China Sea
China on Monday hit back at "irresponsible remarks" from the United States which has called on Beijing to stop a land reclamation project in the disputed South China…
Maersk Drilling gets Extension for Jack-Up
Maersk Drilling, is a unit in shipping and oil conglomerate A.P. Moller-Maersk. Hess has exercised the four one-well options included in the current contract for the jack-up rig Maersk Resolute.
India Seeks Private Cash for Intermodal Bridge
Rail system needs more tracks and wagons; Not enough coal gets from port to power stations. India is targeting up to $1 billion of private investment by 2017 to…
USCG Medevacs 80 Yr-Old Near Lake Michigan
A Coast Guard aircrew medically evacuated an 80-year-old man off Beaver Island in Lake Michigan Sunday night. The man’s name is not being released. At 5:40 p.m.…
Terex Scoops 2 IBJ Awards
Terex® Quaymate M50 mobile harbour crane is Crane of the Year – Dr. Rotterdam/Düsseldorf, 24 November 2014 – Terex Port Solutions (TPS) has been successful in two categories of this year’s awards…
CBP P-3 Disrupts Attempt to Smuggle cocaine
A U.S. Customs and Border Protection, Office of Air and Marine P-3 aircrew operating out of National Air Security Operations Center (NASOC)-Jacksonville, Florida…
MacGregor Signs Contract with Shell
MacGregor, part of Cargotec, has signed a contract with Shell for a Pusnes permanent mooring system. Contract value is around EUR 20 million. "We are very happy to finalise this large contract…
Rawicz-12 Well Spuds
San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, announces the spud of the Rawicz-12 appraisal well yesterday…
BHP Billiton Focus on Operation & Productivity
* BHP Billiton is now targeting US$4 billion of annualised productivity gains in its core portfolio by the end of the 2017 financial year, a US$500 million increase on previous guidance.
Odd Arne Slettebø new CFO of “Noreco”
Norwegian Energy Company ASA has appointed Odd Arne Slettebø as Chief Financial Officer (CFO). Odd Arne Slettebø replaces Tommy Sundt who has been appointed new CEO of the Company.
Fincantieri Sign MoUs with Carnival & CSSC
Fincantieri, the world leader in the construction of cruise ships, has signed two memorandums of understanding, respectively with Carnival Corporation, the world’s largest cruise line…
Dan-Bunkering Opens Office in Aalborg
The global bunker company, A/S Dan-Bunkering Ltd., expands its activities with an additional office in Denmark. "We have employed our first trading team in Aalborg…
USCG Assist Duck Hunters Near Harrington Beach Park
The Coast Guard and the Port Washington and Cedar Grove Fire Departments came to the assistance of two duck hunters on Lake Michigan Friday. The names of those involved are not being released.
Sapurakencana Wins 3 Petronas Oil blocks
SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore…
Kemp Succeeds Semple at Wood Group
Wood Group announced following changes to its senior management team. Alan Semple, chief financial officer (CFO) has advised the board that he intends to retire…
Russia Has No Plan to Cut Oil Output
Russia, the world's biggest energy exporter, does not plan to cut oil production to shore up prices, Rossiya 24 television quoted Energy Minister Alexander Novak as saying on Saturday.
ST Engineering Rejigs Top Deck
Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the Group…
HMAS Success Deploys to Middle East
After months of preparation, HMAS Success departed Garden Island in Sydney today for a six-month deployment to the Middle East Region to provide logistic support…
Rosneft Ships First Oil From Chayvo Field
Rosneft commenced shipment of crude oil extracted at the Northern Tip of Chayvo license off the coast of Sakhalin, with the first tanker carrying Sokol-grade crude leaving port on November 21.
