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New Subsea Fiber-optic Cable to Link N. America & UK
7/21/2014 11:42:41 PM
TE SubCom has announced the commencement of the new Hibernia Express submarine cable system.  The 4,600 km cable will provide the lowest-latency fiber-optic path between New York and London, connecting Halifax, Nova Scotia and Brean, UK, with terrestrial...

Panama Canal: New Lock Gates Transferred to Atlantic Side
7/21/2014 11:17:28 PM
ACP informs that the Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side.

"This is a very important operation because it involved the first movement...

Salamander Concludes Formal Sale Process
7/21/2014 10:18:53 PM
Salamander announces that, further to the announcement made today in respect of a definitive conditional Share Sale and Purchase Agreement entered into between Salamander and SONA Petroleum Berhard (“SONA”) to dispose of an effective 40% working...

Statoil Production Resumes at Njord Field
7/21/2014 8:07:54 AM
Norwegian energy firm Statoil has resumed oil and gas production at its Njord platform after reinforcing the structure, but still plans to bring the platform to shore in 2016 for further upgrades.

Production at the Norwegian Sea platform...

Containership Consortia Set for Further Expansion: Analyst
7/21/2014 3:59:24 AM
The formation of 2M is only the conclusion of the latest round of mega-alliance negotiations. Much more lies ahead, considers Drewry Maritime Research in their latest 'Container Insight' analysis, excerpted here:

Ocean carriers are clearly...

Tankship Market & Return of Contango: Analysis
7/21/2014 12:26:54 AM
This week, the Brent price curve moved into contango on what was reported to be short-term physical oversupply. In their latest 'Tanker Opinion', Poten & Partners consider whether this is likely to be a long-lasting change
(“Contango” is a term...

Matson to Release Q2 2014 Financial Results
7/20/2014 11:12:04 PM
Leading U.S. carrier in the Pacific, Matson, Inc., informs it will release its financial results for the Second Quarter 2014 on Thursday, July 31, 2014.
President and Chief Executive Officer Matthew Cox and Senior Vice President and Chief Financial...

Engine Preforms in Roll Over Test
7/22/2014 10:22:45 AM
Engines customized for new Dutch search-and-rescue lifeboat vessels keep running after full rotation on axis.

In thrashing, unforgiving seas, a capsized rescue vessel used to be a symbol of defeat. To withstand harsh conditions, sea vessels are designed to right themselves when overturned, but even more critical is the ability of the... Go to Article

China lends Argentina $7.5 bln for Power, Rail Projects
7/20/2014 6:52:36 AM

HII Completes Sea Trials on Fourth National Security Cutter
7/19/2014 12:11:20 PM

Kirby Awards ATB Contracts to Bay Shipbuilding
7/18/2014 11:01:55 AM

Kongsberg Tech Chosen for 13 Newbuild Projects
7/18/2014 9:04:03 AM

Algoma Christens Equinox-class Laker on Arrival
7/18/2014 1:08:27 AM

UK Club Rating Upgraded by S&P to A (Stable)
7/18/2014 12:07:36 AM

Pulse Takes the Fatigue Pulse of North Sea Drill Rig
7/17/2014 11:48:14 PM

Industry's First Color Fishfinder by Lowrance
7/17/2014 9:31:42 PM

Petrobras' June Oil Output Up 1.7 %, tops 2 mln barrels
7/20/2014 5:14:06 AM

Cargotec's January-June 2014 Interim Report
7/19/2014 11:50:09 AM

Oil Trains Face Test in New US Safety Rules
7/18/2014 1:32:23 PM

Big US Corn Crop to Curb Brazil Ethanol Exports
7/18/2014 10:17:51 AM

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