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General Dynamics Board Increases Dividend

  The board of directors of General Dynamics today declared a regular quarterly dividend of 69 cents per share on the company's common stock, payable May 8,

MacGregor Wins Chinese Shipyard Order

  MacGregor, part of Cargotec, has received an order from Wuhu Xinlian Shipyard in China for eight MacGregor dry bulk cement handling systems.   The

BIMCO Environmental Performance Guide

  BIMCO today launched a new, multi-part guidance resource to support ship owners and operators in improving their environmental performance and the efficiency of their ships.

ExxonMobil to Step-up Production

  Exxon Mobil Corporation expects to start up 16 major oil and natural gas projects during the next three years and is on track to increase daily production to 4.

Petrobras Probe Seeks to Question Overseas Witnesses

A Brazilian lobbyist implicated in the country's largest-ever corruption probe has called witnesses from four foreign countries to bolster his defense against bribery charges,

IACS and European Commission Hold Joint Workshop to Kick Off European Shipping Week

  The International Association of Classification Societies (IACS) held a joint workshop in Brussels with the European Commission to kick off European Shipping Week, the association announced today.

UK Firm on RWE North Sea Deal

Britain will not back down over its opposition to Russian tycoon Mikhail Fridman's purchase of North Sea gas licences having cemented its objections at a meeting

Cosco Boxship Detained Over Illegal Arms

Colombian authorities detained a vessel operated by China's largest shipping group for illegally transporting thousands of cannon shells, about 100 tonnes of gunpowder

Wintershall Replaces Statoil as Vega Field Operator

Wintershall, the oil and gas arm of chemicals group BASF, has taken over as operator of the North Sea Vega oil and gas field from Norway's Statoil, it said on Wednesday.

Oil Hedge helps Oando Prepay ConocoPhillips' Deal Debt

Nigerian energy company Oando Plc has prepaid $238 million out of the $900 million it borrowed to part finance the acquisition of ConocoPhillips' Nigerian oil and gas business,

EU Carbon Market Reforms Likely by July

Member state disagreements over start can be overcome. Reforms aimed at raising prices on Europe's carbon market are likely to be agreed by the end of June at the latest,

Kvichak, Vigor Announce Merger

Merger positions combined company to play a dominant role in recapitalization of North Pacific fishing fleet and emerging Arctic oil gas operations. Kvichak

'Governments Must Act to Save Thousands of Migrants'

  The humanitarian crisis in the Mediterranean Sea is spiralling out of control. EU Member States must act urgently to prevent the loss of thousands more lives,

‘Blue Queen’ on First Mission

  The platform supply vessel 'Blue Queen', an ULSTEIN PX121 design, was named at Ulstein Verft on Friday 27 February. The ship will be working in the spot market.

US, Australian, Indonesian Navies Commemorate Battle of Sunda Strait

  Senior officials from the United States, Australia and Indonesia paid their respects to the crews of USS Houston (CA 30) and HMAS Perth (D 29) during a wreath laying ceremony March 1,

New Standard Energy Impacted by Low Oil Price

  New Standard Energy Limited provides an update on its active management of the Company’s activities in the current low oil price environment. The Company’s

USS Jason Dunham Enters U.S. 6th Fleet

  The Arleigh Burke-class guided-missile destroyer USS Jason Dunham (DDG 109) entered U.S. 6th Fleet’s area of operations in support of U.S. national security interests in Europe March 3, 2015.

Flinders Island Next Off-grid Community to go Renewable

  The Australian Renewable Energy Agency (ARENA) today announced $5.5 million support for Hydro Tasmania to develop an innovative off-grid hybrid project on Flinders Island.

Ghana-Ivory Coast Maritime Dispute Mar Tullow

 A dispute over maritime boundaries between Ghana and Ivory Coast is damaging Tullow Oil, which risks postponement of its TEN project in the waters off Ghana's coastline.

Rescue 21 Achieves 'SOLAS' Declaration from DHS

  The U.S. Coast Guard is declaring 'Sea Area A1' service in certain areas off the coast of the United States based on the performance of the General Dynamics-built Rescue 21 system.

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