People & Company News

Taiwan's Yang Ming Marine to Add Bigger Vessels to its Fleet

 Yang Ming Marine Transport Corporation, Taiwnanese global shipping and logistics services company,  will take delivery of 14 large-sized ships over the next two years,

Hapag-Lloyd Adds North Europe-USEC Service

 Hapag-Lloyd will open a new weekly service between North Europe and the US East Coast, the company said in its press release.     The new route – to be christened

Khamenei Says Iran Nuclear Weapons are a U.S. "Myth"

 Iran's Supreme Leader Ayatollah Ali Khamenei told military commanders on Sunday the United States had created the "myth" of nuclear weapons to portray Iran as a threat,

China's Shenhua Signs First Coal Trade Deal with Mongolia

  China's biggest coal producer, the Shenhua Group, has signed a deal to buy 1.2 million tonnes of high-grade coking coal from Mongolia, a move that could help

Russia Denies Report of Gas Deal with Greece

  Russia denied on Saturday a German media report suggesting that it could sign a gas pipeline deal with Greece as early as Tuesday which could bring up to five

USN Names Littoral Combat Ship

  Secretary of the Navy Ray Mabus announced today that the next Freedom-variant littoral combat ship (LCS) will be named USS St. Louis. The future USS St. Louis,

2 Damen Tugs for KOTUG’s European Harbor Towage

  Damen Shipyards Group delivered two sister tugs ATD 2412 ‘ZP Bison’ and ‘ZP Bear’ to strengthen KOTUG’s European Harbour Towage. On April 8th 2015, the sister

PSV Launching Ceremony at Gondan

  At high tide today at Gondan Shipyard in Figueras, the New PSV (TBN) for the Norwegian Ship-Owner, Simon Møkster Shipping, was launched. Different personalities

Sound Oil Secures EIA Approval for Nervesa

  Sound Oil, the European / Mediterranean focused upstream oil and gas company announced receipt of the final approval of the Environmental Impact Assessment ("EIA")

Higher Production by Petrobras in March

Petrobras production of oil and natural gas in Brazil and abroad, in March 2015, was 2 million 764 thousand barrels of oil equivalent per day (boe). Of these, 2

Greece Gas Deal with Russia Soon

  Greece is poised to sign a gas deal with Russia as early as Tuesday which could bring 3-5 billion euros into depleted government coffers, German magazine Der Spiegel reported,

India's Reliance to Restart All Fuel Pump Outlets

  Indian conglomerate Reliance Industries Ltd plans to restart its entire 1,400 retail fuel pump outlets in fiscal year ending March 2016, a report on the company website shows.

S.Africa's Largest Refinery Back to Normal After Fire

  Production at the 172,000 barrels per day Sapref refinery, South Africa's largest and co-owned by BP and Shell, is normal following a pipeline fire that was extinguished on Saturday morning,

California Gas Pipeline Explosion, Fire injure 15

  A construction crew on Friday accidentally ruptured a natural gas transmission line in Fresno, California, sparking an explosion and fire that injured up to 15 people,

Additional Gas Supply Routes to Europe Mooted

  At a meeting between Alexey Miller, Chairman of Gazprom Management Committee and Han Fennema, CEO and Chairman of the Executive Board of Gasunie the two parties

New CEO for Evergas

  Evergas has appointed Steffen Jacobsen as CEO of the company as of 8 May 2015 Mr. Jacobsen joined Evergas 1 February 2015 as Vice President, Fleet after almost 35 years in Maersk.

NCSP Group Cargo Traffic Up 6% in Q1 2015

  Novorossiysk Commercial Sea Port Group (NCSP Group or the Group) (LSE: NCSP, Moscow Exchange: NMTP) reports that Group’s consolidated cargo turnover in Q1 2015 increased by 2 million tonnes or 6.

Naming Ceremony of Evergreen's EVER LYRIC

  Evergreen Group today held the naming ceremony for EVER LYRIC, the eighth of its L-type vessels built by CSBC Corporation in Taiwan. The ceremony took place

Green Group Praises Bush on Climate Remarks

  Billionaire activist Tom Steyer's climate change advocacy group offered unexpected praise on Friday to Republican presidential hopeful Jeb Bush for saying the

U.S. Calls for More Oil Train Inspections

  Oil train operators must have detailed information on hand about the possible risks of their cargo in case of an accident and perform more thorough checks before moving on the tracks, U.

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