Tenders are about to close for a permanent dredge operation at Swansea. Late last year the State Government announced the acquisition of … (abc) [mappress] Source: abc, January 28, 2011;
The Executive Committee of EXMAR reported the provisional results for the 4th quarter and entire year 2010. HIGHLIGHTS 2010 -Cash flow from Operations and Operating Result supported by the profit on the partial sale of LNG vessels to Teekay LNG but still influenced by weak spot LPG rates; -Coverage
Sponsored by Yemen LNG, a three-day awareness workshop on reproductive health and motherhood was organized by the Yemeni Women Union from 9 to 11 January. The workshop drew participation of over 150 women from 3 rural villages in Shabwa Governorate. Among the issues raised at the workshop are safe m
The Board of Directors of Chevron Corporation declared a quarterly dividend of seventy-two cents ($0.72) per share, payable March 10, 2011, to holders of common stock as shown on the transfer records of the Corporation at the close of business on February 16, 2011. Chevron is one of the world’s lead
A feasibility study into an offshore reef to address coastal erosion at Old Bar, east of Taree, is due to start in March. The reef would … (abc) [mappress] Source: abc, January 28, 2011;
The National Iranian Gas Company and Saderat Bank of Iran signed a contract worth $4 billion on two gas projects. According to the report of the public relations of the NIGC, the deal was signed on Monday evening by the managing director of the National Iranian Gas Company, Mr. Owji and managing dir
The shareholder meeting of the BARD-Group, headquartered in Emden, has appointed Bernd Ranneberg and Dieter Sichau to the BARD Holding GmbH management board. They thereby reinforce Arwit Gunt, who was appointed as managing director beginning of October 2010. Bernd Ranneberg (49) as CFO will be prima
El Paso Corporation today announced its financial and operational outlook for 2011. 2011 Financial Highlights — $0.90 – $1.05 Adjusted Earnings Per Diluted Share (EPS) — $3.3 – $3.5 billion Adjusted Segment Earnings Before Interest, Taxes and Depreciation, Depletion and Amortization (EBITDA) — $2.2
Expanding prosperity for a growing world population will drive an increase in energy demand of about 35 percent by 2030 compared to 2005, even with significant efficiency gains, and natural gas will emerge as the second-largest energy source behind oil, Exxon Mobil Corporation said today as it relea
A report from the port of Klaipeda shows a significant rise in the container throughput in the major Eastern Baltic ports. According to the report, St Petersburg handled 1.9 million TEU last year, up by 44 per cent. The next biggest container port is Klaipeda that reached 295,000 TEU, an increase by
The second largest shipowning group in South Korea, Korea Line Corp, has applied for company rehabilitation. As a consequence, the company is not allowed to pay charter payments for up to 150 bulkers, charered in from around 60 owners, without permission from a court.
Although a vast majority still believes that arming civilian seafarers is a bad idea, acceptance has increased for armed security personnel on ships transiting pirate infested waters. Stena Bulk is one of the owners that recently has announced its decision to provide armed guards after having had in
Offshore Technology Days 2011 OTD which takes place in Stavanger in October is already a huge success. “Nine months before the exhibition opens, the 3,300 square feet of exhibition space has been to sold to 180 companies representing 75 percent of the available capacity,” says sales director Odd Eid
Qatar Gas Transport Company Limited, or Nakilat, said in a bourse statement yesterday that Hamad Rashid al-Mohannadi was appointed board cha… [mappress] Source: adpnews , January 27, 2011;