Dan-Bunkering Opens Office in Aalborg
The global bunker company, A/S Dan-Bunkering Ltd., expands its activities with an additional office in Denmark. "We have employed our first trading team in Aalborg and expect to be ready to trade as soon as 1st December, when Dan-Bunkering Aalborg opens. Dan-Bunkering Aalborg will comprise a team of 5 strong and experienced traders and we are immensely proud that they have chosen to become a part of the Dan-Bunkering family", says CEO Henrik Zederkof, A/S Dan-Bunkering Ltd.
USCG Assist Duck Hunters Near Harrington Beach Park
The Coast Guard and the Port Washington and Cedar Grove Fire Departments came to the assistance of two duck hunters on Lake Michigan Friday. The names of those involved are not being released. A 911 dispatcher contacted Coast Guard Station Sheboygan at 11:30 a.m. about two men whose 14-foot boat was taking on water one mile north and about one-quarter mile east of Harrington Beach State Park. The…
Sapurakencana Wins 3 Petronas Oil blocks
SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore south Vietnam (Blocks 01/97 & 02/97, Blocks 10&11.1, Block 46-CN) for a total purchase price of US$400 million. The economic effective date of the transaction is January 1, 2014 and SapuraKencana is entitled to net revenues from these Blocks from that date.
Kemp Succeeds Semple at Wood Group
Wood Group announced following changes to its senior management team. Alan Semple, chief financial officer (CFO) has advised the board that he intends to retire and step down from his current role and from the board at the company’s annual general meeting in May 2015, at which time he will have held senior financial roles with Wood Group for over 19 years. Alan has been CFO and a member of the board since 2000.
Russia Has No Plan to Cut Oil Output
Russia, the world's biggest energy exporter, does not plan to cut oil production to shore up prices, Rossiya 24 television quoted Energy Minister Alexander Novak as saying on Saturday. Russia, which relies on oil and gas exports for about half its federal budget, has been hit this year by a fall in global oil prices as well as by Western sanctions over its role in the Ukraine's crisis. The Energy Ministry confirmed Novak's quote to Reuters…
ST Engineering Rejigs Top Deck
Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the Group with a view to further strengthen its leadership team. Mr Lee Fook Sun, currently President of Singapore Technologies Electronics Limited (ST Electronics) and President, Defence Business of ST Engineering, will assume additional responsibilities as Deputy CEO of ST Engineering.
HMAS Success Deploys to Middle East
After months of preparation, HMAS Success departed Garden Island in Sydney today for a six-month deployment to the Middle East Region to provide logistic support for coalition forces as part of Operation MANITOU. Senator the Hon Concetta Fierravanti-Wells, representing the Minister for Defence, and Commander Australian Fleet, Rear Admiral Stuart Mayer, CSC and Bar, RAN, joined family and friends on the wharf to farewell the ship, which will spend Christmas on operations.
Rosneft Ships First Oil From Chayvo Field
Rosneft commenced shipment of crude oil extracted at the Northern Tip of Chayvo license off the coast of Sakhalin, with the first tanker carrying Sokol-grade crude leaving port on November 21. The tanker was loaded at the Sokol single-point oil terminal located 5.7 km east of DeKastri Terminal, Khabarovsk Krai. DeKastri is the first terminal in Russia to ship crude oil year round amid the harsh environment of the Arctic. Another export batch is scheduled to ship before the year’s end.
MHI Receives "Best IR Award"
Mitsubishi Heavy Industries, Ltd. (MHI) has received one of this year's "Best IR Awards" presented annually by the Japan Investor Relations Association (JIRA). The company was cited for the clear and detailed way in which it has delineated and explained its management stance to the market and to investors. The JIRA award program is now in its 19th year, and this marks the first time MHI has received this coveted honor.
Houston Port Commission Approves budget
The Fiscal Year 2015 Operating and Capital Budget was approved Thursday during a special meeting of the Port Commission of the Port of Houston Authority. Projections by the Port Authority anticipate increased revenues in 2015, driven in large part by an increase in both import and export container volumes, with an expected pullback in steel tonnage after a banner year in 2014. Overall cargo volumes at the Port Authority continue to grow…
7 Rescued from Sinking Freighter Near Haiti
Seven crewmembers were rescued after their 100-foot coastal freighter began taking on water and sank approximately 45 miles north off of Cap Haitien, Haiti, Friday. Watchstanders at the Coast Guard 7th District command center in Miami received a report from a tug stating they heard a distress call from a vessel claiming to be taking on water off the coast of Great Inagua, Bahamas. A Coast Guard MH-60 Jayhawk helicopter crew deployed in support of Operations Bahamas…
Gazprom Transgaz Ufa Organizes Arts Festival
Children’s arts celebration was organized by Gazprom Transgaz Ufa together with the Ministry of Labor and Social Welfare of Bashkortostan and the Kultprosvet communications agency. The event demonstrated how friendship helped to bring people together, how kindness pushed the boundaries of human limitations in any area of activity. For several months the festival organizing committee had been receiving the applications from young performers eager to take part in the contest.
Time-out for Kwanza Drilling
Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola. The rig contract will cease with effect from 21 November 2014. Statoil’s first well results from the area have been disappointing and although the company still sees remaining prospectivity in the basin and on the Statoil acreage…
President Pryor Retires from ExxonMobil Chemicals
Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation, has elected to retire on January 1, 2015, after more than 44 years of service. It is anticipated that the board of directors of Exxon Mobil Corporation will appoint Neil A. Chapman as president of ExxonMobil Chemical Company and elect him a vice president of the corporation, effective Jan. 1, 2015. Chapman is currently senior vice president, Polymers, ExxonMobil Chemical Company.
Oil Deal Between Iraqi Kurdistan & Baghdad Welcomed
The United States welcomes an agreement between Iraq's central government in Baghdad and its northern Kurdistan region over the management of oil exports, U.S. Vice…
Canadian Pipeline Expansion Continues
Kinder Morgan Energy Partners said on Friday that crews have resumed survey work related to its Trans Mountain pipeline expansion project in the Vancouver suburb of Burnaby, even as Canadian police arrested more protesters at two work sites. Kinder Morgan said it was able to move its equipment onto Burnaby Mountain overnight and that crews would be working 24 hours a day for the next 10 to 12 days to complete drilling work required by regulators.
Nigeria to Cut Petrol Subsidy by Half
Nigeria plans to cut subsidies on petroleum products by half next year after sharp falls in global crude prices, spurred the government to revise its 2015 budget downwards…
USS Oscar Austin Deploys to 6th fleet
Arleigh Burke-class guided-missile destroyer USS Oscar Austin (DDG 79) departed Naval Station Norfolk Nov. 21 for a deployment to the U.S. 6th Fleet area of responsibility (AOR). The ship will conduct maritime security operations and provide theater security cooperation efforts within the AOR. Oscar Austin will deploy with ScanEagle, an unmanned air vehicle (UAV) designed to provide real-time, low-altitude reconnaissance.
Orlando Ashford is President, Holland America Line
Holland America Line announced today that effective Dec. 1 Orlando Ashford will join the company as president to lead the award-winning cruise line's brand and business, including its fleet of 15 premium vessels carrying approximately 850,000 guests annually to all seven continents. Ashford joins the company from Mercer, the global consulting leader in talent, health, retirement and investments, where he was president of the Talent Business Segment.
Steven Palazzo Visits HII, Newport
Huntington Ingalls Industries today hosted Rep. Steven Palazzo, R-Miss., for a tour of the company's Newport News Shipbuilding division. Palazzo represents the fourth district of Mississippi, which includes Newport News' sister shipyard, Ingalls Shipbuilding. The visit provided an opportunity for Palazzo to see nuclear shipbuilding at Newport News and understand the value that Mississippi suppliers contribute to ship construction in Newport News.