Monday, April 28, 2014 Maritime News

Analysts Strive to Price New Eco-Shipping Measures

Apr 28, 2014

“Think of a number. Any number will do, so long as it is very big. Then double it. The answer is likely to be as accurate as any supposedly informed estimates currently

South Stream Gas Project: Gazprom Progress Update

Apr 28, 2014

The South Stream gas pipeline is an international infrastructure project aimed at constructing a pipeline with a capacity of 63 billion cubic meters across the

Vard 2014 Order Book Bulging: Q1 2014 Report

Apr 28, 2014

Joint Singapore/Norway based offshore & specialised vessel designer and shipbuilder, Vard Holdings, has released its first quarter 2014 financial results, showing

U.S. Lawmakers Say Latest Russia Sanctions Too Mild, To Seek More

Apr 28, 2014

  Senior U.S. Republican lawmakers said on Monday the latest sanctions imposed on Russian individuals and companies are too mild to deter Moscow from further action

U.S. Expects 10 % Drop in Nuclear Capacity By 2020

Apr 28, 2014

  Lower natural gas prices and stagnant growth in electric demand will lead to the loss of 10,800 megawatts of U.S. nuclear generation, or around 10 percent of total capacity,

ExxonMobil To Announces Q1 Earnings- Conference Call

Apr 28, 2014

  ExxonMobil Corporation (NYSE:XOM) will release first-quarter financial results on Thursday, May 1, 2014. The earnings press release will be available at 7 a.

LOC Group expands Asian operation

Apr 28, 2014

  London Offshore Consultants, a global leader in marine and engineering consultancy for the shipping and offshore energy sectors, has further expanded its footprint in Asia,

Greenpeace sends protest ship as first Russian Arctic oil arrives

Apr 28, 2014

  Greenpeace International has sent out a ship 'Rainbow Warrior'on Monday to confront the Russian Oil tanker bringing the first oil produced at a new Russian offshore

Hurricane spuds Lancaster well

Apr 28, 2014

  Hurricane Energy plc announced that the Lancaster horizontal appraisal well was spudded at 10:30 hours BST on 26 April 2014. The Company is using the Transocean

Ballard Power Posts Smaller-Than-Expected Loss

Apr 28, 2014

  Canadian fuel cell maker Ballard Power Systems Inc posted a smaller-than-expected quarterly loss, helped by higher revenue from its engineering services and material handling businesses.

New U.S. Sanctions On Putin Allies Cause Few Ripples

Apr 28, 2014

  The United States imposed fresh sanctions on Russian firms and government officials on Monday, a move that financial markets largely shrugged off and U.S. Republican

General Dynamics: $17.6B Contract for Submarines

Apr 28, 2014

The U.S. Navy awarded General Dynamics Electric Boat a contract valued at $17.6 billion for the construction of 10 additional Virginia-class submarines. Electric

Peru OKs $1.4 Bln Exploratory Work In Natgas Block

Apr 28, 2014

  Peru has approved an environmental permit that will allow China National Petroleum Corp to do $1.39 billion of exploratory work in a natural gas block it is

SE Asia Oilfield Service Minnows Must Acquire or Expire

Apr 28, 2014

Suppliers of offshore oilfield services in Singapore, the seat of Southeast Asia's energy industry, are opening up to mergers and equity buy-ins as smaller players

Exxon's Papua New Guinea Project Starts LNG Production

Apr 28, 2014

Exxon Mobil Corp said its project in Papua New Guinea had started production of liquefied natural gas (LNG) ahead of schedule. The first cargo from the project,

Trelleborg Receives Manufacturing License in Brazil

Apr 28, 2014

Trelleborg’s offshore operation has been awarded its Licença Municipal de Operação (LMO) certification; a municipal license which permits the company to manufacture in Brazil.

New Logistics Facility Coming to Port of New Orleans

Apr 28, 2014

TCI Plastics will build $36.5 million 500,000-square-foot logistics facility and create 160 new direct jobs Governor Bobby Jindal and CEO Jack Jensen of Jensen

Colombia to Reduce Gas Exports to Venezuela

Apr 28, 2014

Colombia will reduce gas exports to Venezuela to ensure it has enough fuel to run its power plants, the energy minister said on Monday, with the threat that dry

El Paso to Buy Natural Gas Assets from Kinder Morgan

Apr 28, 2014

El Paso Pipeline Partners LP said it would buy natural gas assets from Kinder Morgan Inc for about $2 billion, including $1.01 billion of debt. El Paso Pipeline said as part of the deal,

PwC: Transport, Logistics Starts 2014 Subdued

Apr 28, 2014

First quarter deal activity matches lowest level in nine quarters; trucking and shipping lead transaction activity Merger and acquisition (M&A) activity in the


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