The global shipping industry will sit up and take notice of cuts to corporation tax, which are expected to be a huge boost for investment, the UK Chamber of Shipping commented following the tax cut announcement. Namely, the UK Chancellor of the Exchequer and Second Lord of the Treasury, George Osbor
The global shipping industry will sit up and take notice of cuts to corporation tax, which are expected to be a huge boost for investment, the UK Chamber of Shipping commented following the tax cut announcement. Namely, the UK Chancellor of the Exchequer and Second Lord of the Treasury, George Osbor
Saga Tankers’ potential acquisition of the Oslo-listed Standard Drilling has hit a stalemate. Namely, in a statement issued today, the board of directors of the target company said the takeover offer of NOK 1.35 per share, launched in June, is not good enough. The offer values Standard Drilling at a
The recently appointed Polish treasury minister, Andrzej Czerwiński, visited the Swinoujscie LNG terminal site where he held talks with operator Polskie LNG and representatives of the general contractor in charge of the terminal construction led by Saipem. The start-up of the LNG import terminal, wh
The recently appointed Polish treasury minister, Andrzej Czerwiński, visited the Swinoujscie LNG terminal site where he held talks with operator Polskie LNG and representatives of the general contractor in charge of the terminal construction led by Saipem. The start-up of the LNG import terminal, wh
There has been a dramatic fall in the number of migrants and refugees who have lost their lives trying to cross the Mediterranean over the last couple of months, underscoring the importance of the desperately needed boost to search-and-rescue operations initiated by European leaders at the end of Ap
There has been a dramatic fall in the number of migrants and refugees who have lost their lives trying to cross the Mediterranean over the last couple of months, underscoring the importance of the desperately needed boost to search-and-rescue operations initiated by European leaders at the end of Ap
Novatek the operator of the Yamal LNG project reported its second quarter 2015 marketable production totaled 16.89 billion cubic meters of natural gas, an increase in natural gas production by 1.65 bcm, or by 10.8%.
Novatek the operator of the Yamal LNG project reported its second quarter 2015 marketable production totaled 16.89 billion cubic meters of natural gas, an increase in natural gas production by 1.65 bcm, or by 10.8%.
Anglo/Dutch oil titan Shell has moved one step further to completing what has been described as one of the largest oil and gas deals in history, the acquisition of the UK-based BG Group. Namely, the company has skipped another hurdle on its track to finalize the $70 billion acquisition after Brazil’
Eco Wave Power (EWP) installed its improved wave energy power plant in Jaffa Port, Israel, earlier this month. The upgraded power plant will be working with two floaters. One is “the 1st Generation Floater” and the other is the new and improved “2nd Generation Floater” , which will be tested by EWP,
66 Somali inmates accused of piracy and imprisoned in Somaliland, Puntland and the Seychelles have identified international naval presence as the biggest deterrent against piracy, according to an informal survey carried out by the United Nations Office on Drugs and Crime (UNODC) and Oceans Beyond Pi
66 Somali inmates accused of piracy and imprisoned in Somaliland, Puntland and the Seychelles have identified international naval presence as the biggest deterrent against piracy, according to an informal survey carried out by the United Nations Office on Drugs and Crime (UNODC) and Oceans Beyond Pi
The 36 crew members of the fuel tanker Alexander Spirit have resumed work operations following the decision of Australia’s Fair Work Commission (FWC), saying that the the five-day protest by the crew was not protected industrial action, but have not left Devonport. According to Maritime Union of Aus
