Oil Steadies Above $92 on Signs of Global Growth
Brent crude oil edged down but stayed above $92 a barrel on Monday after a week of sharp falls, as strong U.S. employment data and a rally in global stock marketsā¦
LR Alert: Mustering for Ships with Passengers
Amendments to SOLAS regulations III/19.2.2 and III/19.2.3 will enter into force on 1 January, 2015, and introduce mandatory requirements for passenger mustering & briefing before or on departure, for ships engaged in international voyages lasting more than 24 hours. The amendments were adopted by Resolution MSC.350(92). The amendment requires that if passengers are scheduled to be on board for more than 24 hoursā¦
Panama Canal Cruise Season Begins
The Panama Canal cruise ship season has officially begun with the transit of the Coral Princess, in a repositioning voyage from Los Angeles, California to Ft. Lauderdale, Florida. Approximately 200 cruise ships are expected to transit through the Panama Canal during this season that spans from October 2014 to April 2015. According to Felix Ayarza, international trade specialist of the Vice Presidency for Planning and Business Developmentā¦
Former DHS Chief Ridge Introduces Cyber Solutions
First U.S. Homeland Security Secretary Tom Ridge Partners with Five Lloydās Syndicates to Offer āIntelligentā Cyber Insurance. Ridge Insurance Solutions Company to close dangerous cyber insurance gap by providing informed-assessment capabilities and insurance. Companies struggling to protect their assets and brands from the growing scourge of cyber attacks can now access a new product designed specifically for their needsā¦
Feds Query Energy Firms Ahead of Export Rulings
The U.S. Commerce Department has taken a small step toward resolving some two-dozen pending requests to export lightly processed oil this summer, asking energy companiesā¦
U.S. Corn Harvest Competes With Oil Transport
The giant corn harvest about to hit full stride in America's Midwest looks set to overwhelm storage and pile up outdoors, grain industry sources said, raising qualityā¦
Easter Pacific Vessel Touches Bottom in Durban
Eastern Pacific Shipping reports that an incident involving its managed vessel m.t. Pacific Quartz took place off Durban in South Africa Friday morning. While proceeding into the portā¦
Hamburg Port Dredging Delayed
"We respect the decision announced today by the Federal Administrative Court (FAC) in Leipzig on the deepening and widening of the navigation channel on the Lower and Outer Elbe.
New Liebherr Mixing Tower to Boost Wind Energy
The Max Bögl Group of Companies acquired a new Liebherr mixing tower for production in Osterrönfeld, Germany. An inauguration party celebrated commencement of operations on 16th of Julyā¦
Agenda, Speakers for AVEVA Summit Announced
AVEVA today announced additional speaker, sponsor and agenda details for this yearās AVEVA World Summit. The global event is being held in Berlin, Germany, from 14-16 October.
Australian Participation in Global Bioenergy Research
ARENA is providing $360,000 to Bioenergy Australia to help shape the global research and knowledge agenda for the developing bioenergy industry. The funding willā¦
USCG, Good Samaritans Rescue 5 Near Aransas Pass
the Aransas Pass bridge Saturday. At approximately 6:30 p.m., the Aransas Pass Police Department notified Coast Guard watchstanders that there were people in theā¦
Austria to Sue if EU Regulator Clears UK Nuclear Plan
Austria will take the European Commission to the European Court of Justice (ECJ) if it approves Britain's plans for a 16 billion-pound ($26 billion) nuclear power plantā¦
Areva to Cut Investments to Avoid Ratings Downgrade
French state-owned nuclear power group Areva will likely decide this week to scale back investments in order to avoid having its credit rating downgraded to junk statusā¦
Kosmos to Buy into Senegal Offshore Blocks for $400 mln
Kosmos Energy is set to sign a $400 million "farm-in" agreement with Senegal's state-owned hydrocarbon firm Petrosen and Timis Corp to take a 60 percent stake in the Cayar and St.
Offshore Senegal Deal Looms for Petrosen
Senegal's state owned hydrocarbon firm Petrosen is set to sign a $400 million "farm-in" agreement with Kosmos Energy and Timis Corp regarding its Cayar and St. Louis offshore blocksā¦
Russia Going Ahead with South Stream Gas Pipeline
The Russia-led South Stream undersea gas pipeline is still going ahead, Energy Minister Alexander Novak was quoted as saying on Saturday, following concerns theā¦
Colombia's Oil Sector Rejects Proposed Tax Reform
Colombia's oil sector on Saturday hit out at a proposed tax reform that the government has presented to Congress, arguing that higher duties on corporate earningsā¦
5 Boaters Recued near Holden Beach by USCG & Agents
Coast Guard and partner agencies rescued five boaters Saturday after their boat capsized in Lockwoods Folley Inlet near Holden Beach, North Carolina. Coast Guardā¦
COSCO Builds 3rd BigRoll MC Class
BigRoll Shipping announces that it has contracted COSCO Dalian Shipyard Co., LTD to build a third MC Class Module Carrier. She will be named BigRoll Baffin and is scheduled for delivery in June 2016.