Friday, April 11, 2014 Maritime News

Nanjing Tanker To Be Delisted, First By Central Gov't Backed Firm

Apr 11, 2014

 Loss-making shipping company Nanjing Tanker Corp will be delisted from the Shanghai Stock Exchange after a five-day grace period, marking the first time for a

Parsley Energy Makes Public $400 Mln IPO Plan

Apr 11, 2014

 Parsley Energy Inc made public its plan to raise up to $400 million in an initial public offering of    Class A common stock.   The oil and natural gas company filed confidentially with U.

Hints Of Possible Deal On Ukraine Gas Emerge At G20

Apr 11, 2014

 Behind statements that Russia will not budge in demanding Ukraine repay its debts for its natural gas deliveries, hints    emerged at a meeting of G20 finance

Chevron, YPF Continue Development of Vaca Muerta Shale in Argentina

Apr 11, 2014

 Chevron Corporation (NYSE: CVX) today confirmed that subsidiaries of the company have    signed agreements with the Argentine oil company YPF S.A. to continue

Quantifying Arctic shipping risk through case studies

Apr 11, 2014

 Shipping activities in Arctic areas are certain to increase in the years to come and, as the Arctic is a challenging and    diverse environment, knowing how to manage its risks will be crucial.

Port of Antwerp wins “Port of the Year” Award

Apr 11, 2014

 The Port of Antwerp has won the “Port of the Year” award for a second time at the Seafarers’ Welfare Awards organised by the    International Seafarers’ Welfare and Assistance Network (ISWAN).

SEMBCORP MARINE’S SEMBAWANG SHIPYARD TO REVITALISE 'VOYAGER OF THE SEAS'

Apr 11, 2014

Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured an agreement with RCL Cruises Ltd., a member of the Royal Caribbean Cruises Ltd. group,

Huntington Ingalls to Explore Opportunities for Avondale Redevelopment

Apr 11, 2014

 Huntington Ingalls Industries announced today it will conduct a study with Kinder Morgan Energy Partners, L.P. (NYSE:KMP) to explore redeveloping Huntington Ingalls

McQuilling Services Industry's Spot Market Review for First Quarter

Apr 11, 2014

 There’s no denying that the wave owners rode into 2014 on was a welcome way to start the new year (at least from their perspective).  Earnings in the large crude

Severe Cyclone Ita heads towards Queensland

Apr 11, 2014

At 3:00pm today EST Severe Tropical Cyclone Ita, Category 5, was about 130km N-NE of Cooktown and 290km N of Cairns, and moving S-SW at 14km per hour.   Severe Tropical Cyclone Ita,

IMF April Update Sees Lower Global GDP Growth

Apr 11, 2014

Recovery strengthens, remains uneven The message from the IMF is clear: The global recovery is still fragile despite improved prospects, and significant downside risks—both old and new—remain.

EMAS Awarded Gunflint GoM Project

Apr 11, 2014

EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today

Yacht Race from Hong Kong to the Philippines

Apr 11, 2014

Approximately 34 yachts are expected to participate in a race from Hong Kong to the Philippines will take place from April 16-21, GAC said in its daily Hot Port News report.

Harley Marine NY Welcomes New Vessel

Apr 11, 2014

Harley Marine NY, a subsidiary of Harley Marine Services, took delivery of the river style push-boat, HMS Justice, from Conrad Shipyard of Morgan City, Louisiana.

New Mangalore Port Traffic Up 6.29%

Apr 11, 2014

New Mangalore Port recorded growth of 6.29% in cargo handling during the financial year 2013-14, GAC informs. The port handled 39.36 million tons of traffic, compared to 37.

Senate Calls for Reports into US Crude Export Ban

Apr 11, 2014

Senate energy committee leaders on Friday asked the Department of Energy to prepare reports examining issues relating to the country's ban on exporting crude amid record oil and gas production.

Congo Republic Oil Firm Seeks Oilfield Revival

Apr 11, 2014

Republic of Congo's state oil company SNPC said it hopes to develop a strategy to pump more oil from fields under-exploited by foreign investors as part of a plan to revive oil production.

Fuel Additive Aims for Energy Savings, Reduced Pollution

Apr 11, 2014

Nano Fossil Fuels Technology, LLC (NFFT) offers a fuel additive that reportedly reduces pollution while providing energy savings. Managing Director Ernie Gisler

US Sanctions 7 Crimean Separatists, Gas Company

Apr 11, 2014

The U.S. Treasury Department on Friday imposed sanctions on seven Crimean separatists and a Crimea-based gas company, Chernomorneftegaz, in connection with Russia's annexation of Crimea from Ukraine.

5000 Series CNC Router for Heavy-duty Machinery

Apr 11, 2014

CNC machine manufacturer MultiCam offers a solution for heavy duty machining with its 5000 Series CNC Router.  The 5000 Series CNC Router is designed for high-speed

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