Deep Sea Mining Agreement Reached
The opening of the world's first mine in the deep ocean comes closer to reality as Canadian mining company, Nautilus Minerals, signs an agreement with the Papua…
SECNAV Visits Arizona for JHSV 8 Naming
Secretary of the Navy Ray Mabus attended a ship naming ceremony for the future joint high-speed vessel (JHSV) 'USNS Yuma' (JHSV 8) in Yuma's Gateway Park. Mabus…
Drydocks World Win Europe's 2014 Socrates Award
Drydocks World (DDW) informs it has been recognized with the “Best International Enterprise” award at the 2014 Socrates Awards. In addition His Excellency Khamis Juma Buamim…
Kashagan Output May Not Start Till 2016
Output at Kazakhstan's huge Kashagan oilfield may not start until 2016, the Financial Times said on Sunday, citing Kazakhstan's minister for economy and budget planning.
Hollande To Meet GE Chief To Discuss Alstom
President Francois Hollande and his Economy MinisterArnaud Montebourg will meet General Electric chief executive Jeff Immelt on Monday to discuss the future of French engineering group Alstom…
Siemens And France Weigh In As GE Eyes Alstom Deal - Update
Siemens and the French government intervened in General Electric's plan to buy the power arm of Alstom on Sunday with an alternative European "champions" tie-up…
Blank Rome Rated as Shipping Litigation Leaders
Blank Rome apprises that its international shipping litigation practice, and attorney John D. Kimball have again been ranked in the 2014 edition of 'Chambers Global'.
Alstom To Reflect On Its Future Until Wednesday
French engineering firm Alstom said on Sunday it would continue to reflect on its future until Wednesday and that it had requested trading in its shares remain suspended until then.
Kuwait Signs LNG Deal With Qatargas
Kuwait has signed a contract to import liquefied natural gas (LNG) from fellow Gulf state Qatar to help meet its energy needs to the end of 2014, state news agency KUNA reported on Sunday.
‘Excellent’ rating for UK War Risks
The UK War Risks Club announced the affirmation of its A- ‘Excellent’ financial strength rating with a ‘Stable’ outlook from the insurance rating agency AM Best.
Coast Guard saves 4 after boat capsizes
Four people were rescued by a Coast Guard Station Port O’Connor boat crew approximately one and half miles outside the Matagorda Jetties. At approximately 9:30 p.m.…
French President Gathers Ministers To Discuss Alstom's Case
French President Francois Hollande gathered ministers on Sunday evening to discuss the case of struggling engineering firm Alstom, with jobs, location of activities and energetic independence in mind…
Libyan's Zueitina Port To Open After Damages Assessed
Libya's eastern oil port of Zueitina, which had been occupied by rebels as part of an eight-month oil blockade, will reopen after damage at its facilities has been assessed…
Qatar's Nakilat Q1 Profit Rises 17 Pct
Qatar Gas Transport Co (Nakilat), the Middle East's largest shipper of liquefied natural gas, reported a 16.6 percent rise in first-quarter profit on Sunday. The…
Siemens Weighs In As GE Prepares Alstom Power Deal
Alstom's arch rival Siemens wants talks with the struggling French engineering group, the German company said on Sunday, the day General Electric boss Jeff Immelt…
South Korean PM Resigns Over Ferry Disaster
South Korean Prime Minister Chung Hong-won resigned on Sunday over the government's response to the April 16 ferry disaster. The Sewol ferry sank on a routine trip…
French Government Will Block Hasty Alstom Deal
France's Economy Minister Arnaud Montebourg confirmed for the first time on Sunday that both General Electric and Siemens were interested in engineering group Alstom…
