Kuwait Names New Acting Oil Minister

  Kuwait on Sunday appointed Anas al-Saleh as acting oil minister in addition to his roles as finance minister and deputy prime minister, state news agency KUNA reported.

U.N. Climate Deal 'Quite Close' - Latvian President

  World leaders are "quite close" to reaching a deal to fight climate change when they meet in Paris from Monday, Latvian President Raimonds Vejonis, Europe's first Green party head of state,

Dubai to Spend billions on Clean Energy Push

  Dubai will spend billions of dollars on generating clean energy, the government said on Saturday, aiming to have solar panels installed on the roofs of all buildings by 2030.

Iran Offers 50 Oil Projects to Foreign Investors

  Iran offered on Saturday about 50 oil and gas projects to be developed by foreign investors with local partners under a new scheme it hopes will initially generate $25 billion in investments,

Merkel Urges Binding Goals to Tackle Climate Change

   Germany's chancellor gave a qualified welcome on Saturday to China's pledge to tackle rising temperatures ahead of a global climate conference but she called

Pemex Posts Higher Output, Exports in October

  Crude production from Mexico's state-owned oil company Pemex rose slightly in October, the company said on Friday. Crude oil production last month averaged 2.

Euroseas Sells C/V Marinos

  Euroseas Ltd.  an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes,

Bill on Danish Maritime Planning Submitted

  The bill is to form the basis of a maritime planning act intended to promote economic growth and development of sea areas. The Danish Maritime Authority is to head the work.

Plans to Create Rio Doce Fund

  Vale and BHP Billiton announced today plans to work together, with Samarco, to establish a voluntary, non-profit fund to support the rescue and recuperation of the Rio Doce river system,

DP World, SCA Pact for Ain Sokhna Port Development

 Suez Canal Authority (SCA) and the Red Sea Ports Authority signed an agreement with Dubai Ports World (DP World) and Sonker Bunkering Company for the development of Egypt’s Ain Sokhna seaport,

Canada to Aid Developing Nations Fight Climate Change

  Canada will provide aid to developing countries to combat climate change, Prime Minister Justin Trudeau announced on Friday ahead of talks on global warming,

Gates to Launch Mega Clean Tech Initiative

  Microsoft co-founder Bill Gates will launch a multi-billion-dollar clean energy research and development initiative on Monday, the opening day of the U.N. climate change summit in Paris,

Extended Warranty from Yanmar for Sailboat Engines

  Yanmar Marine International B.V. has introduced an extended 3 years’ period of YANMAR Limited Warranty for Sailboat Engine Models. This extended warranty of

Damen Marine Components Opens Jiangyin Plant

  Damen Marine Components (DMC) is proud to announce the opening of its brand new facility in Jiangyin, China.Those present at the opening ceremony included CEO

Groundbreaking Ceremony for Seaspan's Vancouver Office

  Seaspan hosted a groundbreaking ceremony today to announce it has officially started construction on a new head office in North Vancouver. The 7,800 square metre (84,

Rates, Fees of Danish Maritime Authority to be Revised

  A number of fee rates within the Danish Maritime Authority's area will be changed from 2016. The price schedule is available from the webpage of the Danish Maritime Authority.

Statoil Picks MacGregor Mooring Systems for Hywind

  MacGregor, part of Cargotec, has won an order for substructure connection mooring systems for the world's first floating offshore wind farm: Statoil's Hywind pilot park in Scotland.

S&P Raises Steamship Mutual outlook to Positive

  Poor’s has revised its outlook on Steamship Mutual to Positive from Stable. The A- financial strength rating has been reaffirmed. In their announcement Standard

Norwegian Escape with Biggest Scrubbers sets Sail

  On a sunny October day in the German harbor-town of Hamburg, M/V Norwegian Escape, a brand new cruise ship, sets sail for the first time. On board are five Yara SOx scrubbers – one for each engine.

ZIM Integrated Shipping Remains Profitable

 Despite challenging market environment with freight rates reaching historic lows in several key trades,  ZIM Integrated Shipping Services continues to outperform

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