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West Coast Port Talks Clear Hurdle
Shipping companies and the union for 20,000 dockworkers at nearly 30 U.S. West Coast ports have cleared a major hurdle in their protracted labor talks, clinching a tentative deal on the maintenance and control of cargo chassis,
Bollinger Promotes Remont to VP
Bollinger Shipyards President and CEO Ben Bordelon announced today another key internal promotion designed to enhance the strategic value of the Company. “I am pleased to announce the promotion of
Global Gas Prices Converge After Five Years
U.S. natgas prices have remained low due to domestic shale boom; Asian LNG prices soar post-Fukushima; rising China demand. Global benchmark prices for natural gas have converged to their closest in five years,
Shipbuilding
DSME Building 5 Icebreaking LNGCs for Yamal
Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) is building five large Arctic Liquefied Natural Gas Carriers (LNGCs), for which it has LNG ordered membrane
Ecochlor BWTS Chosen for 8 New Bulkers
Times Navigation, Inc. has selected Ecochlor, Inc. to provide ballast water treatment systems
Signal Ship Repair Achieves OSHA Milestone
Signal International announced that on December 31, 2014, the Signal Ship Repair Operations
Contracts
USACE Barges, Tugs Up for Repair
The United States Army Corps of Engineers (USACE) Buffalo District has awarded a repair contract
BG Signs Oil Contractor Deal with KBR
Oil and gas producer BG Group has signed an agreement with oil services company KBR to hire skilled contractors for its large-scale projects at short notice
CA Gasoline Sales Push Oil Demand
Motorists in California purchased more gasoline in October 2014 than any corresponding month since 2007, according to state tax records, confirming the renewed growth in U.S.
Technology
Two Output Streams from One Video Input
Sensoray Model 2453 IP Video Server for Ethernet Streaming for unmanned underwater and aerial
Wärtsilä Propulsion Solution for 3 Tugs
Three large new escort tugs contracted by Norwegian operator Østensjø Rederi, will feature
Oman to Implement Maritime Communications Network
Oman to roll out the national maritime communications network along its lengthy coastline soon
Legal
Fugitive Treasure Hunter Arrested in Florida
An Ohio man who recovered as much as $400 million in gold from a shipwreck has been arrested in Florida after two years on the run and was scheduled to appear in federal court on
Yinson Wins $2.5 bln Ghana Oil & Gas Contract
Yinson Holdings Bhd , Malaysia's oil and gas services firm, said on Wednesday it secured a $2.54 billion floating production, storage and offloading (FPSO) vessel charter
Shell Inks Iraqi Petrochemicals Plant Deal
Royal Dutch Shell signed deal with Iraq worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra, Industry Minister Nasser al-Esawi said on Wednesday.
People & Company News
Exxon Mobil Declares First Quarter Dividend
Exxon Mobil Corporation’s board of directors declared a cash dividend of 69 cents per share on the Common Stock, payable on March 10, 2015 to shareholders of record of Common
Continental CEO: Oil Market to Show Signs of Rebalancing Midyear
Continental Resources Inc Chief Executive Harold Hamm predicted on Wednesday that signs of a
Hess Profit Misses Estimate as Oil Prices Slump
Oil and natural gas producer Hess Corp posted a lower-than-expected profit on Wednesday