Wednesday, March 02, 2011 Maritime News

JPMorgan Chase Analysts Lower Price Target on Teekay

Mar 02, 2011

According to a report from American Banking and Market News, equities research analysts at JPMorgan Chase & Co. (NYSE: JPM) lowered their price target on shares of Teekay Tankers Ltd.

Two Greek Oil Tankers Sail from Libya's Es Sider

Mar 02, 2011

 According to a report from Reuters, two fully loaded Greek tankers carrying around 1.2 million barrels of crude oil left the Libyan port of Es Sider on March 1, the vessels' owner said.

Oil at Libyan Ports May Run Low Due to Political Upheaval

Mar 02, 2011

According to a March 1 report from Bloomberg, crude supplies for loading at Libyan ports may start to run low because of disrupted production at oil fields caused

Australia May Double LNG Exports by 2016

Mar 02, 2011

According to a report from Bloomberg, Australia’s liquefied natural gas exports may more than double by 2016 as Asian economies increase gas consumption as part

Golar LNG Posts Q4 Results

Mar 02, 2011

 According to a report from RTT News, on March 1, Golar LNG Ltd. (GOL) posted consolidated net income of $4.7m and consolidated operating income of $15m for the fourth quarter of 2010.

Oil studies Find Commercial Fish in Arctic

Mar 02, 2011

According to a report from the Associated Press, studies of the Chukchi and Beaufort seas are generating research of value beyond oil exploration. Surveys for possible

Saipem Wins Offshore Contract in Saudi Arabia

Mar 02, 2011

According to a report from Reuters, Italian oil services firm Saipem (SPMI.MI) won a contract for offshore work at Saudi Aramco's [SDABO.UL] non-associated gas fields feeding Wasit,

KPI Bridge Oil Appoints Rasmussen

Mar 02, 2011

KPI Bridge Oil, a global bunker broker and trader, has appointed Jesper Rasmussen as Senior Key Account Manager in its London office. Rasmussen, a Danish national,

Suncor Questionaire Integrated for Ship Operators

Mar 02, 2011

Heidenreich Innovations LLC announced the completion of a project to integrate Suncor's vetting system with's questionnaire system. Ship operators are required

Dive Support Vessel Ocean Project Sold

Mar 02, 2011

Marcon International Inc. of Coupeville, Wash. announced the sale of the dive support vessel Ocean Project from Oceaneering International, Inc. of Houston, Texas to private South American interests.

Strategic Marine to Build Barge for Energy Sector

Mar 02, 2011

Perth-based ship building company Strategic Marine has won a contract to supply a 88.5-ft work barge to service the energy and resources sector in Western Australia's north-west.

Keppel Acquires Stake in Dyna-Mac, Topside Module Fabricator

Mar 02, 2011

Keppel Offshore & Marine Limited (Keppel O&M), through its wholly-owned subsidiary KS Investments Pte Ltd (KSI), has acquired a 27.77% stake (250,000,000 shares)

This Day in U.S. Coast Guard History - March 2

Mar 02, 2011

1792- Congress authorized the revenue cutters to fire on merchant ships that refused to "bring to."    1799- Congress authorized that "Revenue Cutters shall,

This Day in U.S. Naval History - March 2

Mar 02, 2011

1859 - Launch of Saginaw at Mare Island, first Navy ship built on West Coast of U.S.   1867 - Birthday of Civil Engineer Corps.   1899 - Act of Congress creates

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