Norway’s $1 Trillion Fund Wants Out of Oil and Gas Stocks
By Sveinung Sleire (Bloomberg) — The $1 trillion fund that Norway has amassed pumping oil and gas over two decades wants out of energy stocks. Norway,
By Sveinung Sleire (Bloomberg) — The $1 trillion fund that Norway has amassed pumping oil and gas over two decades wants out of energy stocks. Norway,
A Spanish court has ordered a British P&I insurer to pay a whopping $1 billion fine over the 2002 Prestige oil spill. The single-hulled oil tanker
Dutch marine services company HEBO is getting ready to add its biggest sheerleg crane to its fleet with an impressive lifting capacity of 900 tons and a high
Watches evolved in the 17th century from spring-powered clocks, which appeared as early as the 14th century. During most of its history the watch was a
Tanker company TORM has announced its plan to list its shares on the NASDAQ Stock Market in New York, which TORM expects to complete before the end of 2017.
The U.S. Coast Guard is investigating a death aboard a Panama-flagged tanker moored in Richmond, California. A spokesman for the U.S. Coast Guard said that
Captain Paul Watson from the controversial marine conservation group Sea Shepherd says that a lack of resources and technology compared to the Japanese whalers
A new search and rescue vessel being built for the Turkish Coast Guard has successfully passed its capsize test with its engines running, marking a first for
By Gavin van Marle (The Loadstar) – In the clearest sign yet that the lingering effects of the 2009 global financial crisis on the shipping industry
Offshore shipping company Atlantic Offshore has secured a two-year charter with Maersk Oil in the UK for the use of the Emergency Response and Rescue (ERRV)
APM Terminals Pier 400 Los Angeles has set new world record for single vessel cargo operations during the call of the 13,600 TEU capacity Maersk Evora, with a
With this new approach, ABB focuses on harnessing the full potential of its power, control and automation solutions through a program of digital integration
Leading Emergency Response and Rescue Vessel (ERRV) operator Atlantic Offshore Scotland Ltd, has secured a two-year firm charter with Maersk Oil UK. The
By Vera Eckert and Christoph Steitz (Reuters) German shipping group Hapag-Lloyd kept its outlook for the current year after its nine-month operating profit
LONDON (Reuters) – Gas exporting giant Qatar has all but sold out of winter supply after committing its spare output to China and South Korea, a
By Salma El Wardany (Bloomberg) — Egypt will stop importing liquefied natural gas in 2018 and may eventually export gas after it starts producing this
Rolls-Royce has unveiled a new luxury yacht concept design which the company says showcases the advantages of advanced ship intelligence solutions and hybrid
By Grant Smith (Bloomberg) — The U.S. will be a dominant force in global oil and gas markets for many years to come as the shale boom becomes the
Tanker company Stena Bulk on Tuesday announced a major reorganization that will see the company split into three business areas focussing on crude and fuel,
(Bloomberg) — Just last month, off the coast of Somalia—where pirates occasionally hijack cargo ships —passengers on the fancy, all-inclusive
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