A group consisting of 15 communities, elected officials and environmental advocacy groups has teamed up to inform the Federal Energy Regulat… (heraldnews) [mappress] Source: heraldnews, December 23, 2010;
BlackRock, Inc. has informed Wärtsilä Corporation that it has sold Wärtsilä shares on 20 December 2010 and now owns less than one twentieth (1/20) of the company’s votes. Following the transaction BlackRock Inc. owns 4,898,350 shares or 4.97% of Wärtsilä’s share capital and total votes. [mappress] S
Reference is made to the announcement made by Golar LNG Energy Limited on December 16, 2010 in respect of the exercise of warrants granted at the time of the Company’s private placement in August 2009. The total number of warrants exercised on December 15, 2010 was 9,421,440 and the Company has subs
In Scotland, Lerwick Port Authority’s continuing development of its harbour is moving into the next phase following the award of a GBP4.6… (heavyliftpfi) [mappress] Source: heavyliftpfi, December 23, 2010;
Mitsui & Co., Ltd., approved today the investment of A$ 1.25 billion through its 100% subsidiary Mitsui Iron Ore Development Pty. Ltd. for the expansion of iron ore export capacity at Cape Lambert (also known as Port Walcott), owned by Robe River J/V(Rio Tinto 53%, Mitsui 33%, Others 14%) in the Pil
Leading shipping organisations and the International Transport Workers’ Federation are calling on governments around the world to act as 500 merchant sailors prepare to spend Christmas as hostages of Somali pirates.
Some larger forwarders are offering below-market ocean rates for January, which could be an attempt to win new customers, according to industry sources.
Aker Solutions secured a contract with ConocoPhillips for provision of engineering and procurement for the topside on Ekofisk 2/4-Z.
Acergy and Subsea 7 have been urged to consider selling vessels because of their “dominant position” in the North Sea, says the UK’s Office of Fair Trading. Britain’s OFT has signalled that the merger of the two companies would not raise concerned relating to offshore diving or construction and remo
Drillship Belford Dolphin has arrived on location for its next well offshore Mozambique after drilling the Lagosta gas discovery. London-listed East African explorer Cove Energy reports that the drillship is now at the Tubarao well location after work on the Lagosta well was complete, where the hole
The Swedish Environmental Court of Appeal says yes to Ports of Stockholm’s application to build a new container port at Norvikudden in Nynäshamn. The Environmental Court of aÁppeal says the case has been focusing a lot on the need for a new port and if the site is the best possible, but the Court sa
The Finnish Ministry of Transport and Communications has granted a total of EUR 30 million for vessel investments improving the level of environmental protection. In addition to EUR 28 million to Viking Line Abp for a ferry newbuilding, Gaimare Ltd – a company connected to Meriaura – has been grante
Norwegian Saga Shipholding, a wholly-owned subsidiary of NYK, has placed an order at South Korean Daewoo Shipbuilding & Marine Engineering for five 55,000 DWT open-hatch carriers for delivery between October 2012 and August 2013. Saga has also signed a contract with Japanese Oshima Shipbuilding for
The Chairman of Clough Limited, Mr Keith Spence, announced today that Chief Executive Officer, Mr John Smith, has advised the Board that he will be retiring from Clough around the fourth anniversary of his tenure, in August 2011. Clough has commenced an internal and external search for the company’s
