APL, Cheng Lie Navigation to Merge Intra-Asia Service
The container transportation and shipping company American President Lines Ltd (APL) announced the proposed acquisition of the book of business of its sister company Cheng Lie Navigation (CNC)…
OSG Extends Charter of AMSC's Nine Tankers
Florida-based provider of energy transportation services delivering crude oil and petroleum products Overseas Shipholding Group (OSC) and American Shipping Company…
Trafigura Boosts LNG Volumes by 22%
Geneva based commodity trading company Trafigura increased its liquefied natural gas (LNG) traded volumes by 22% to 9.9 million mt in its financial year ending September 30 2018…
Amerisur Resources Hits Oil at Indico Well in Colombia
UK-based independent full-cycle oil and gas company confirmed that Indico-1 well in Colombia reached target depth of 10,604 feet and encountered the Lower Sands…
Verus Petroleum Mulls 12-Fold Production Growth
Aberdeen, UK-based Verus Petroleum has secured a 12-fold increase in its production – from 1,500 to 18,000 barrels per day in less than a year – with the closing…
Admiral Tim Lowe to Head UK Hydrographic Office
The UK Hydrographic Office has announced the appointment of Rear Admiral Tim Lowe CBE, the current UK National Hydrographer and Deputy Chief Executive, to the position…
Global Ship Lease Sings TC with CMA CGM
UK-based containership lessor Global Ship Lease (GSL) has agreed five-year charters with CMA CGM for the 2015-built, 6,882 TEU containerships UASC Bubiyan and UASC…
Husky Energy ‘Deeply Sorry’ for Oil Spill off Newfoundland
Canadian petroleum company Husky Energy submitted a preliminary report about the largest-ever oil spill in Newfoundland and Labrador and said it is “deeply sorry”…
Cosco , Abu Dhabi Ports Open New Terminal at Khalifa Port
Abu Dhabi Ports on Monday inaugurated the new Cosco Shipping Container Terminal at Khalifa with a capacity of 2.5 million TEUs (twenty-foot equivalent units).The new CSP Abu Dhabi Terminal…
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