Nexen Shareholders Approve CNOOC Takeover By a Landslide
TORONTO–Nexen Inc. shareholders, as expected, overwhelmingly voted in favor of Cnooc Ltd.’s proposed $15.1 billion takeover of the Calgary-based
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TORONTO–Nexen Inc. shareholders, as expected, overwhelmingly voted in favor of Cnooc Ltd.’s proposed $15.1 billion takeover of the Calgary-based
(Bloomberg) — China Ocean Shipping Group Co., the nation’s biggest ship operator, is considering an order for very large crude carriers as the
(Bloomberg) — Mediterranean Shipping Co., the world’s second-biggest container line, has deployed the largest vessel on a U.S. route in response to
(Bloomberg) — For more than a decade, the world’s biggest liquefied natural gas producers led by Royal Dutch Shell Plc plotted how to move their
ABB, the leading power and automation technology group, announced that it has introduced several new software applications for the marine market that will help
Arctic sea ice appears to have reached its minimum extent for the 2012 melt season at a mere 3.41 million square kilometers (1.32 million square miles),
(Bloomberg) — Hiring a modern carrier to ship liquefied natural gas in the spot market will cost less than previously estimated after Japanese prices for
(Bloomberg) — Billionaire Wilbur Ross won a judge’s approval to buy shares in a shipping company held by Lehman Brothers Inc., a spokesman for the
A rail-mounted Siwertell ship unloader with a rated capacity of 1,500 tph will be used to discharge coal at a greenfield power plant under construction near
Wärtsilä Hamworthy said today that it has won a contract with Hyundai Mipo Dockyard to supply cargo handling equipment and engineering to four medium
(Bloomberg) — Gulf of Mexico fisheries are rebounding from the BP Plc oil spill, landing more fish last year than in 2009, the year before the worst U.S.
PRESS RELEASE — UAE-based shipyard Drydocks World announced today the completion of conversion and upgrade of Jack-up Drilling Platform, Beynouna
Clay Maitland, Founding Chairman of the North American Marine Environment Protection Association (NAMEPA), announced the recipients of NAMEPA’s 2012
– by Bruce Vail As anxiety over the possibility of a major U.S. dock strike rises, shipping unions here and abroad are responding with a show of
OSLO–The Norwegian Petroleum Safety Authority, or PSA, said Tuesday it is investigating a substantial oil leak at the BP PLC (BP) operated Ula oil
(Bloomberg) — Royal Dutch Shell Plc’s decision to abandon oil drilling in Alaska’s Arctic waters this year underscores the risks of working
TOKYO — The Japanese government has watched largely helplessly as protesters in China in recent days have damaged Japanese property and products.
General Electric Co. (GE) and Brazilian energy company Petroleo Brasileiro (PBR, PETR4.BR) have signed the world’s largest subsea wellhead production
(Bloomberg) — The European Union will present in the coming months a proposal to curb emissions from ships in the absence of an international solution, a
*Update* Although JFE Holdings, Inc. and IHI Corporation announced on August 27, 2012 that the management integration of their respective subsidiaries
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