Offshore Brazil Energy Output Climbing as FPSO's Come On-line
In June 2013, Petrobras’ total output (oil and natural gas) in Brazil averaged 2,378 thousand barrels of oil equivalent per day (boed), 4.8% higher than May. Including the share operated by Petrobras for partner companies, total production in June was 2,489 thousand boed, 5.5% higher than the previous month. The increase in production was due to the startup of new wells connected to platforms FPSO Cidade de Itajaí…
MOL Reports Containership KPI Performance to June 2013
MOL has updated On Time Arrival Performance quarterly results for April - June 2013 for the major trade lanes as part of its effort to upgrade and improve the quality of services offered.
Horizon Lines Continue to Improve Financial Performance in Q2 2013
Horizon Lines, Inc. reported financial results for the fiscal second quarter ended June 23, 2013 with an almost doubled EBITDA from the same period last year. "Horizon…
STX Pan Ocean CEO Resigns, Group Shipyards to be Sold
STX Pan Ocean Co., the country's leading bulk carrier, said that CEO Kang Duck-soo (who is also chairman of the STX Group) has resigned as the shipper has been under…