Production Begins at North Sea Golden Eagle Field
Denmark's Maersk Oil, a unit of conglomerate A.P. Moller-Maersk , said on Monday oil production from the Golden Eagle field in Britain's North Sea had started. There…
Heavy Clashes Near Benghazi Seaport
Heavy fighting broke out near the seaport of Libya's eastern Benghazi city on Monday as the army, backed by forces loyal to a former general, attacked Islamist groups, residents said.
Egyptian LNG Import Terminal Deal Finalized
Egypt finalized a deal with Norway's Hoegh LNG for a long-delayed liquefied natural gas import terminal on Monday that will eventually help the power-hungry country resolve a chronic energy shortage.
Remains in Costa Concordia May be Final Victim
A corpse found in the wreck of the Costa Concordia is thought to be that of the last person unaccounted for almost three years after the luxury liner sank, Italy's coast guard said on Monday.
Sonangol Eyes Crude Liftings for Indonesia
Angola's Sonangol is hoping to start supplying crude oil to Indonesia's state oil firm early next year in a possible joint venture, company officials said on Monday.
Statoil: $32.5 bln for Sverdrup Startup
Development of field could cost up to $32.5 bln; cost estimate higher than analyst forecasts. Sverdrup scheduled to start up in late 2019. Statoil's giant Johan…
St. Lawrence Seaway Arbitration May Avert Strike
The union that represents workers along the St. Lawrence Seaway has agreed to take a contract dispute to arbitration, avoiding a strike that would have shut the…
Batumi Oil Liftings Down 25 pct YTD
Crude oil and refined product shipments from Georgia's Black Sea port of Batumi were down 24.6 percent in the first 10 months of the year from a year earlier, a…
Bosphorus Strait Traffic Suspended as Boat Sinks, At Least 24 Dead
Rescuers pulled 24 bodies from the sea at the mouth of Istanbul's Bosphorus strait on Monday and rescued seven people after the sinking of a boat carrying migrants including children…
Shipbuilding: COSCO Warns of Struggle if Credit Tightens
COSCO Corp (Singapore) , part of one of China's largest shipbuilding groups, warned that its customers could struggle to pay their bills as funding costs rise, after…
“Intra-Mediterranean Container Trades” Update
Dynamar has published “INTRA-MEDITERRANEAN CONTAINER TRADES”, the latest report in its Container Trades and Markets series. Salient details and interesting findings…
CMA CGM Relocates in Copenhagen
CMA CGM Denmark’s office in Copenhagen is shifting from Monday, November 3rd, 2014 onwards.
Rolls-Royce Notifies Total Voting Rights
In accordance with DTR 5.6.1 of the FCA's Disclosure and Transparency Rules (DTR), the Company is required to notify the market of its total number of voting rights…
Vesper Marine Upgrades Watchmate
Marine Safety Leader Releases Industry’s Vesper Marine First AIS Devices With Built-in High Speed GPS Auckland, New Zealand – Vesper Marine, a leading manufacturer…
New Abu Dhabi Ship Repair Yards Operational
Nico International informed that the new dry-docking and repair facility in Abu Dhabi Port Company’s Freeport has completed the first two months of successful operations…
HMS Global Maritime 5th fastest Growing Firm
Each year, Louisville Business First, a weekly business publication in Louisville, KY, releases a list of the fifty fastest growing privately-held companies in the area.
Capuco is Chief Naval Architect of Gibbs & Cox
Gibbs & Cox, Inc., an independent naval architecture and marine engineering firm, announced the appointment of Mr. Benedict P. Capuco as Chief Naval Architect. In this role…
BMT Oceanica Wins APPEA Study
Marine and coastal environment specialist, BMT Oceanica (BMT), a subsidiary of BMT Group Ltd, has been awarded the Australian Petroleum Production & Exploration…
Fairmount Tugs Delivers FPSO Petrojarl Knarr
Three tugs of Fairmount Marine have towed the brand new FPSO Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest…
Throughput Up at Lerwick Harbor
A continuing increase in cargo handled at Lerwick Harbour in the third quarter brought the volume for the first nine months of 2014 to 910,014 tonnes, up 6% on the same period last year.
