People & Company News

Marathon Oil Cuts 2015 Capex About 20%

Marathon Oil Corp on Wednesday said its capital expenditures will be about 20 percent lower next year due to the steep drop in crude oil prices.   Marathon said it expects to spend about $4.

Chevron Cancels Canadian Arctic Drilling

Chevron Corp is putting a plan to drill for oil in the Beaufort Sea in Canada's Arctic on hold indefinitely because of what it called "economic uncertainty in the industry" as oil prices fall.

Imperial Oil Exploration Plans in Arctic Unchanged

Imperial Oil Ltd's plans to drill for oil in the Beaufort Sea in Canada's Arctic have not changed despite the recent slide in oil prices, spokesman Pius Rolheiser said on Wednesday.

Damen Responds to Evolving Fishing Practices

Maaskant Shipyards Stellendam meets fishing sector’s growing needs by performing electric pulse fishing conversions   As European fishing policies evolve, so fishing techniques advance.

Maaskant Shipyards Earns ISO 9001:2008 Certificate

Maaskant Shipyards (Stellendam), part of Damen Shipyards Group, has received certification from Bureau Veritas for aligning its quality and management systems with

Duffy Named President of Carnival Cruise Line

Christine Duffy has been named president of Carnival Cruise Line, Carnival Corporation & plc. announced today.   Duffy, currently president and CEO of Cruise Lines International Association (CLIA),

PMA Says Port Contract Remains Distant

The Pacific Maritime Association (PMA) issued a statement today regarding the status of contract negotiations with the International Longshore & Warehouse Union (ILWU),

NOIA Disappointed by Obama’s Bristol Bay Action

On Tuesday, U.S. President Barack Obama designated Alaska’s Bristol Bay area off limits for oil and gas leasing, the White House said.   National Ocean Industries

NASSCO Opens New Facility for Naval Repair

General Dynamics NASSCO opened a new location yesterday in Bremerton, Wash. to support the company’s recently-awarded contract to repair and maintain U.S. Navy

Obama Urged to Help Resolve Port Negotiations

In a letter today to President Barack Obama, the American Association of Port Authorities (AAPA) urged the president to take the necessary steps to assign federal

USCG Commandant to Address PVA Convention

Commandant of the U.S. Coast Guard Admiral Paul F. Zukunft will attend the PVA Annual Convention at MariTrends 2015 in Long Beach, Calif. and deliver a keynote

Snam Sets Terms of Reserved Cash Call to Buy TAG Gas Pipeline

Italian gas grid operator Snam said its board had approved the conditions of a reserved capital increase of 502 million euros to buy the Trans Austria Gasleitung

Linde, Sandia Look to Expand Hydrogen Fueling Network

Sandia National Laboratories and Linde LLC have signed an umbrella Cooperative Research & Development Agreement (CRADA) that is expected to accelerate the development

Liebherr Expects Turnover Dip

For the 2014 business year, the Liebherr Group is currently anticipating an overall turnover of 8,866 million euros (2013: 8,964 million euros). In the area of construction machines and mining,

Rig Moves: Mobilized for Performance

The operation of an oil field involves moving rigs or jackups in a maneuver referred to as a rig move. These complex operations require experience and the coordination of all stakeholders.

Port of Amsterdam to Reward Green Barges

The cleaner the vessels, the larger the discount on Inland Harbour Dues. Port of Amsterdam will be joining the Green Award program for inland barges on January 1,

Glander International Bunkering Boosts Brazil Presence

Glander International Bunkering's (GIB) Brazil office has enhanced its presence with increased employee numbers and a new location. As of December 17, 2014, Glander

Kraft Power Named Distributor for Scania USA

Continuing its North American service network expansion, Scania has named Kraft Power as its newest marine distributor.   Kraft Power is now a Scania marine distributor for Florida,

BSEE Attends Arctic Council Meeting

The Bureau of Safety and Environmental Enforcement’s (BSEE) David M. Moore recently traveled to Seattle, Wash., for a meeting of the Arctic Council Emergency Prevention,

INTERTANKO Launches ECA Bunker Surcharge Clauses

INTERTANKO’s documentary committee has launched bunker surcharge clauses for Emission Control Areas (ECA).   Rising bunker prices due to rising oil prices and

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