2014 Maritime News

Citigroup Seeks British Court Backing on China Metals Claims

Aug 01, 2014

Citigroup Inc said on Friday it has started proceedings in commercial court in London to enforce its rights over $285 million of financing at two ports in China,

McClaugherty Joins SeaTrepid International

Aug 01, 2014

SeaTrepid International announced that Jim McClaugherty has joined the company as senior sales manager for the Gulf of Mexico. McClaugherty joins with 45 years

MARAD, ABS Sign MOA for NDRF Class and Survey

Aug 01, 2014

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced it has signed a new Memorandum of Agreement (MOA) with the American Bureau of Shipping (ABS),

Salvage Crews Avert Disaster in the Galápagos

Aug 01, 2014

Mammoet Salvage helps avert environmental disaster in the Galápagos Islands Mammoet Salvage and its partner, CPT Remolcadores SA of Chile, recently responded

Today in U.S. Naval History: August 1

Aug 01, 2014

Today in U.S. Naval History - August 1 1801 - U.S. schooner Enterprise captures Tripolitan ship Tripoli 1921 - Successful tests of gyroscopic high level bombsight

Tall Ship Cutter Eagle to Visit Rockland

Aug 01, 2014

The U.S. Coast Guard Cutter Eagle is scheduled to arrive in Rockland, Maine, Friday, at 3 p.m. as part of its 2014 cadet summer training deployment. The Eagle's

French Spot Falls as Summer Lull Hits Demand

Aug 01, 2014

The German premium over French spot power prices increased on Friday on expectations that electricity consumption in France will drop next week when many businesses

SEACOR Holdings Announces Q2 Results

Aug 01, 2014

SEACOR Holdings Inc. has announced its results for its second quarter ended June 30, 2014. For the quarter ended June 30, 2014, net income attributable to SEACOR Holdings Inc.

RIMPAC Draws ADF Closer to Amphibious Future

Aug 01, 2014

More than 800 Australian Navy, Army and Air Force personnel are on their way home after taking part in RIMPAC, the world’s largest naval exercise, which concluded in Hawaii today.

PBF Energy Will Look at Citgo Assets for Possible Buy

Aug 01, 2014

PBF Energy Inc is looking at acquisition opportunities and talk that Venezuela's state-owned oil company may sell its U.S.-based Citgo Petroleum assets is "certainly something we would follow up on,

ESS Notches Third Seabed Clearance Contract

Aug 01, 2014

Ecosse Subsea Systems (ESS) announced it was awarded a third seabed clearance contract on a major wind farm construction project. The subsea engineering specialist

Asia-N.Europe Container Freight Rates Jump 21%

Aug 01, 2014

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 21 percent to $1,455 per 20-foot container (TEU) in the week ended on Friday,

Dan-Bunkering Restructures for Expansion

Aug 01, 2014

Bunker trading company A/S Dan-Bunkering Ltd. introduced a new organizational structure effective August 1, 2014. The company said the move was made to maintain its position,

Langh Ship Scrubber Receives Class Approval

Aug 01, 2014

Langh Ship received on July 17, 2014 final class approval from Germanischer Lloyd for its exhaust gas cleaning system on m/s Laura, a 1996-built a 6,500 DWT general

ESS Lands Second Contract with Dolphin Drilling

Aug 01, 2014

ESS Support Services Worldwide, part of Compass Group, has won a new, three-year contract, worth £10.5 million, to provide hotel and catering services to Dolphin Drilling Ltd.

South Africa's Petrol Price to Stay Flat in August

Aug 01, 2014

The retail price of petrol in South Africa will remain unchanged at 14.33 rand ($1.34) a litre from next Wednesday, while wholesale diesel will dip by 0.4 percent,

South Sudan Conflict Drives Oil Wealth Monitoring Concept

Aug 01, 2014

Looming famine, ceasefires fail to end fighting; Conflict cuts oil production by a third. Monitoring oil wealth could help heal rifts. South Sudan's oil fields

Woodside Blocks Shell Shares Buyback

Aug 01, 2014

Buyback fails to win 75 percent support; Shell left with 13.6 pct stake in Woodside. Woodside opposes buyback to all shareholders on same terms, shares fall 1.8 pct.

Chevron Quarterly Profit Up 6 pct

Aug 01, 2014

Chevron Corp, the second-largest U.S. oil company, said on Friday its quarterly profit rose 6 percent as high energy prices offset a production dip. The company posted net income of $5.

Areva Stock Down on Nuclear, Solar News

Aug 01, 2014

Shares fall as much as 23 percent in high volume; exits concentrated solar power business. Utilities struggle, nuclear in doldrums. By Geert De Clercq Shares

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