MARAD Support for Hydrogen Fuel Cell R&D

  The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced that it is providing $500,000 to support a feasibility study for the design,

NewLead Holdings Announces Commercial Competency of MT Sofia

   NewLead Holdings Ltd.announced today a review of the commercial competency of one of its bitumen tanker vessels, the MT Sofia since the vessel was delivered to NewLead's fleet.

BMT Cordah Names Glass as Managing Director

BMT Cordah, a subsidiary of BMT Group announced the appointment of Andrew Glass as Managing Director. Glass will be responsible for leading the business in implementing strategy,

ABB to Increase Norway’s Grid Capacity

  ABB transformer technology supports Norway’s push to increase the volume of clean energy it can transport reliably over its grid using existing transmission corridors ABB,

WISTA-Sri Lanka Celebrates 1st Anniversary

  WISTA International Board Member and INDIA President Ms.Sanjam Sahi Gupta attended the first Annual General Meeting (AGM) of WISTA Sri Lanka that was held on 22nd of July 2015 .

Nigeria Plans Splitting State Oil Company into Two Entities

  Nigerian President Muhammadu Buhari plans to split the state oil company into two entities, his spokesman said on Saturday. NNPC is accused of failing to account for billions of dollars.

NTSB Study: ECP Brakes Out-Perform Other Systems

  As part of its ongoing investigation of the derailment of a crude oil unit train in Casselton, North Dakota, today the National Transportation Safety Board produced

Baker Hughes Declares Quarterly Dividend

  Baker Hughes Incorporated Chairman and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.

Wipro Sees Stronger Quarters Ahead on Calmer Oil Prices

Wipro Ltd, India's third-biggest software services exporter, expects less volatile global oil prices to revive spending on IT outsourcing by its energy and utility clients.

BHP Billiton Injects $240m into Port Hedland

  BHP Billiton has approved $240 million (BHP Billiton share) to purchase six additional tugs and construct a new eight pen Tug Harbour at Hunt Point in the Port Hedland Port.

First Well Built at East-Messoyakha Field

  Rosneft and Gazprom Neft have completed early the project to build the first production well at the East-Messoyakha deposit, which is part of the Messoyakha cluster,

Crude Spreads Remain Firm in face of "Massive Oversupply": Kemp

  The oil market was massively oversupplied in the second quarter and remains so today, the International Energy Agency (IEA) wrote in its latest monthly oil market report.

Baku Calls Upon Antwerp’s Port Expertise

  The port of Baku on the Black Sea is Azerbaijan’s largest port. Now to support its further development it is calling on the know-how and expertise of the port of Antwerp.

Platts acquires Petromedia

  Platts, a leading global energy, metals, petrochemicals and agriculture information provider, announced today that it has acquired Petromedia, a specialist provider

'Challenging Time' for Shipping Industry - North P&I Chairman

Unpredictable markets and continuing marine claims volatility means the international shipping industry is facing a particularly challenging time, says Pratap Shirke, chairman of North P&I club.

Rosneft Subsidiaries' Performance Reviewed

  Rosneft Chairman of the Management Board Igor Sechin held a working meeting ob July 9 at RN-Yuganskneftegaz to address issues pertaining to the production of

Platts' Rushforth Heading to London

Platts' editorial director Jonty Rushforth will be leaving the Asian headquarters in Singapore to take up a new role in London, industry sources said on Friday.

Europort’s Masterclasses in Leadership

  Recognising that effective leadership and collaboration are fundamental elements in the future success of the maritime industry, Europort 2015 will feature a

Ross to Drive New Business Lines at LOC Singapore

  Rutger Bierman, Managing Director at London Offshore Consultants (LOC) Singapore, has confirmed that Don Ross, who previously established and headed LOC Thailand,

Proposed UK Non-dom Tax Changes, No Need to Panic

Shipping should not panic in wake of proposed U.K. non-dom tax changes, Moore Stephens says Shipowners likely to be affected by wide-ranging changes to the taxation of non-U.

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