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Two ASC Kalmar Cranes for DP World Brisbane

  Kalmar, part of Cargotec, has received an order from DP World Australia to deliver two new Kalmar automatic stacking cranes (ASCs) for its semi-automated terminal in Brisbane.

Petrobras, CDB Ink Funding Deal

  Petrobras yesterdy signed a cooperation agreement with the China Development Bank (CDB) for the years 2015 and 2016. The deal encompasses funding of US$3.

Gazprom adds over 800 bcm of gas

  Gazprom hosted today Press Conference at its headquarters to provide an update on the company's performance on Mineral and Raw Material Base Development.

DP World Extends Title Sponsorship Until 2020

  Dubai is set to remain at the epicenter of golf on The European Tour for the foreseeable future after global port operator DP World announced today that it will

IMO Adopts Polar Code Environmental Provisions

  United Nations' International Maritime Organization (IMO) has adopted the environmental part of the Polar Code. Hereby, internationally binding regulations on

HMAS Anzac Visits Portsmouth, UK

  The Royal Australian Navy’s helicopter frigate HMAS Anzac has arrived in Portsmouth, England, as part of her NORTHERN TRIDENT 2015 deployment.   Anzac departed Sydney in March 2015,

Pentair Announces Quarterly Cash Dividen

  Pentair plc today announced that it will pay a regular quarterly cash dividend of $0.32 per share on August 7, 2015 to shareholders of record at the close of business on July 24, 2015.

Volvo Penta FWD Named One of Top Products

  Boating Industry, the monthly U.S. boating business magazine, has selected Volvo Penta’s Forward Drive (FWD) as one of the top products of the year.   The

SCI Back in the Black after 3 Yrs

  The Shipping Corporation of India Ltd (SCI), India’s largest shipping company and a Government of India Public Sector Undertaking having reported losses for

Irving Oil Slams Former Top Executive Over Lawsuit

Canada's Irving Oil rejected former top executive Mike Ashar's allegation that he was underpaid millions of dollars, painting him instead as an "unsuccessful" hire

Dutch Court to Rule on Eemskanaal Gas Field by June 1

 A Dutch court will rule on a request to restrict gas production at Eemskanaal, part of the large Groningen gas field, by June 1, Council of State spokeswoman Sabine Heijstek-van Leussen said.

Gunvor, Vitol With Lowest Offers for Pakistan Gasoline Tender

Oil traders Gunvor and Vitol placed the lowest offers for a tender by Pakistan State Oil Co seeking 600,000 tonnes of gasoline for delivery over May to August, industry sources said.

Malaysia Orders Migrant Rescues, Thailand Says No to Shelters

Malaysian Prime Minister Najib Razak said on Thursday he had ordered the navy to conduct search and rescue missions for thousands of migrants adrift at sea as Thailand's

US: South China Sea Reclamations Stoke Instability

China's land reclamation around reefs in the disputed South China Sea is undermining freedom and stability, and risks provoking tension that could even lead to conflict, U.

North Sea Workers to Vote on Strike Action

Oil and gas workers in Britain's North Sea are to vote on strike action after unions and the Offshore Contractors' Association representing employers failed to

Ferry Firm DFDS Looks to Expand

Danish ferry and transportation firm DFDS is on the takeover trail, its chief executive said, after reporting its highest first-quarter operating profit on record

HSH Bank to Split Off Bad Shipping Loans

German lender HSH Nordbank could split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model, according to a person familiar with the matter.

Italy: 900 Migrants Rescued at Sea, One Dead

More than 900 migrants were rescued in one day from three overcrowded boats en route to Europe from North Africa, an Italian coast guard official said on Thursday.

BG Takes Control of Australian LNG Production Site

British gas producer BG has taken full operational control of the first production facility, known as Train 1, at its Queensland Curtis LNG plant in Australia from builder Bechtel,

Höegh LNG 1Q Interim Results

  Höegh LNG announced the Interim results for the quarter ended 31 March 2015  Highlights  * Total income USD 46.9 million and EBITDA of USD 16.5 million, compared to USD 51.

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