Maritime Industry Top News
Venezuela, Ecuador to Defend Oil Prices
Venezuela and Ecuador are working on a joint proposal to defend oil prices that the two countries will present at the next OPEC meeting, Venezuelan President Nicolas Maduro said on Friday.
Egypt Signs $350 mln in Oil, Power Financing Deals with Saudi
Egypt signed $350 million worth of financing agreements with Saudi Arabia on Saturday aimed at upgrading its power grid and securing imports of petroleum productsā¦
French Nuclear Plants in New Mystery Drone Overflights
Unidentified drones illegally overflew five French nuclear power plants overnight, a source with knowledge of the matter said on Saturday, in the latest of a seriesā¦
Bangladesh Power Cut Plunges Millions into Darkness
Bangladesh was hit on Saturday by a major power outage that brought much of normal life to a standstill, forced hospitals and garment factories to rely on back-upā¦
Temporary Suspension of 2nd Southbound Convoy
Effective from today, the entry of the second southbound convoy into the Suez Canal has been suspended until completion of cleansing and dredging work in the new Canal area.
LNGL Extends Gladstone Lease
* LNGL has signed a non-binding memorandum of intent (MOI) for gas supply with Tri-Star Petroleum Company (Tri-Star). Liquefied Natural Gas Limited yesterday announced that its 100% owned subsidiaryā¦
General Dynamics Lands $84 Million Naval Award
The U. S. Navy has awarded General Dynamics Electric Boat a $83.8 million contract modification to continue development of the Common Missile Compartment for theā¦
EMGS Receives LoI for BOA Thalassa
Electromagnetic Geoservices ASA (EMGS) has received a letter of intent worth USD 7.0 million from an oil company for 3D EM data acquisition in Thailand and Myanmar.
BG Group Selects Rolls-Royce Trent 60 DLE
Rolls-Royce is proud to announce that BG Group has selected the Trent 60 DLE industrial gas turbine as the driver for the main refrigeration compressors in the proposedā¦
Libyan Rebel Refuses to Hand Over Oil Ports
A former Libyan rebel leader, who seized oil ports in the past to campaign for eastern autonomy, said he had turned down an offer to join an armed group challengingā¦
Krishnapatnam Port Wins Seatrade CSR Award
Widely recognized for excellence in Corporate Social Responsibility, Krishnapatnam Port Company Limited was declared winner of 2014 Seatrade Maritime Awards in theā¦
Brazil Setting-up Solar Parks
Brazil finally entered the solar power sector on Friday, granting contracts for the construction of 31 solar parks as it tries to diversify its sources of generationā¦
U.S.& Iran Meet Ahead of Deadline for Atom Deal
U.S. Secretary of State John Kerry will meet Iran's foreign minister and the European Union foreign policy chief in Oman on Nov. 9-10 to discuss the Iranian nuclearā¦
Tugboat Crew Missing After Collision
Five members of a tugboat crew are missing after a collision with a merchant ship about 9NM off Tanjung Gelang yesterday (30 October). One crew member was rescued by fishermen.
ClassNK Registered Al Kout Delivered to KOTC
Leading classification society ClassNK announced that it has completed work on the 165,178GT VLCC Al Kout, built by Daewoo Shipbuilding & Marine Engineering Co., Ltd.
APM Terminals Organizes CSR Initiatives Under āI - Careā
APM Terminals Inland Services, South Asia continues to rollout its āI- Careā CSR master plan to help local communities in India improve their quality of life. Eyeā¦
DNV GL bags Two Lloydās List Awards
DNV GL was recognized for its leadership and ability to innovate when it received both the āClassification Societyā and the āInnovation Awardā at the 2014 Lloydās List Asia Awards held on 30 October.
Royal IHC Bags Dredging Package Order
Royal IHC (IHC) has secured a new contract with the Chinese shipyard, Jin Hai Heavy Industrial Group, for the delivery of a dredging installation package for a trailing suction hopper dredger.
J.Poulsen Shipping & Harren & Partner Join Forces
After having established Combi Lift as one of the leading companies within ocean transportation of heavy lift and project cargoes the owners, J. Poulsen Shippingā¦
U.S. Drillers Cut Rigs to Lowest since August
Energy companies have reduced the number of rigs drilling for oil in the United States to the lowest since August, shifting more rigs in favor of natural gas as crude prices diveā¦
