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Aker, BP Ink Subsea Framework Deal
10/27/2016 6:20:26 AM
Aker Solutions secured two five-year framework agreements for potential future deliveries of subsea production systems and lifecycle services at BP-operated oil and gas fields globally.

The first five-year contract covers engineering,...

Arctic Indigenous Leaders Meet IMO Secretary-General
10/27/2016 4:59:12 AM
 The safety and environmental impact of arctic shipping was on the agenda as International Maritime Organization (IMO)  Secretary-General Kitack Lim received a delegation of arctic indigenous leaders at IMO Headquarters, London (25 October)...

Norway, Russia to Swap Seismic Data in Oil Search
10/26/2016 11:36:11 AM
Russia and Norway have agreed to exchange seismic data from the two countries' Arctic maritime border in a bid to help the search for oil and gas, the Norwegian Petroleum Directorate (NPD) said in a statement on Wednesday...

Hess Reports Smaller-than-expected Loss
10/26/2016 9:06:57 AM
Hess Corp reported a smaller-than-expected quarterly loss on Wednesday as the oil producer kept a tight leash on costs to counter lower prices.
U.S. crude prices have nearly doubled from a low of $26...

CMA CGM to Reorganize PHOEX and BEX Lines
10/26/2016 2:33:00 AM
 In order to improve the quality and reliability of its services on the Asia-East Med trades, CMA CGM has decided to initiate a Winter Program by temporarily merging its PHOEX and BEX lines in one string...

Former USCG Commandant Kramek Passes Away
10/25/2016 11:35:45 AM
Adm. Robert E. Kramek, former Commandant of the U.S. Coast Guard, has died October 20, 2016.
Kramek served as the Coast Guard's 20th commandant from 1994 through 1998, during which time he significantly expanded the Coast Guard's global...

Buckeye to Acquire 50% of VTTI Marine Terminal
10/25/2016 6:40:26 AM
Buckeye Partners LP, which operates pipelines and other transportation and storage assets for liquid petroleum products, said it bought a 50 percent stake in the marine terminal company  VTTI BV for $1...

Iran Shipping Lines Head Sees Business Rebound by Mid-17
10/27/2016 10:45:58 AM
Container shipper Islamic Republic of Iran Shipping Lines (IRISL) Chairman Mohammad Saeidi expects the firm to have recuperated by the middle of next year the business lost while Iran was subject to international sanctions.
"Step by step the problems have been resolved, removing many restrictions and limitations," since the sanctions... Go to Article

OSC Holds Mumbai Seafarers’ Conference
10/24/2016 9:57:38 AM

Panamax Containerships: Is the Battle Now Lost?
10/24/2016 5:13:12 AM

Man Medevaced off Hatteras Inlet, NC
10/24/2016 3:14:07 AM

PDVSA wants investors to tender $600 mln extra in bond swap
10/22/2016 8:45:17 AM

Astican & Astander Continue to Invest
10/21/2016 4:28:36 PM

Lyondell's Houston Refinery Draws Bids from Aramco, Valero, Sunco
10/21/2016 3:25:55 PM

North Sea Oil Developer Xcite Set for Liquidation
10/25/2016 11:45:41 AM

Cost Cuts Pay off for Baker Hughes
10/25/2016 9:25:40 AM

LNG Tender: Torrent Power seeks 38 LNG Cargoes
10/25/2016 8:32:00 AM

IMO Climate Change Moves on Agenda
10/25/2016 6:45:40 AM

CEVA Logistics Appoints Waller as CFO
10/24/2016 9:33:28 AM

Kuwaiti Minister Expects Oil between $50-$60/bbl
10/23/2016 5:57:15 AM

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