Chevron Oil Spill Hits Petrobras’ Bottom Line
RIO DE JANEIRO – Brazil’s state-owned energy giant Petroleo Brasileiro SA, or Petrobras, said Monday it will produce 2.02 million barrels of oil
RIO DE JANEIRO – Brazil’s state-owned energy giant Petroleo Brasileiro SA, or Petrobras, said Monday it will produce 2.02 million barrels of oil
In honor of 2012’s Day of The Seafarer, the International Maritime Organization has started a viral campaign asking people around the world to use social
Charles Fabrikant, Executive Chairman of Seacor Holdings discusses the ups and downs of the shipping industry during the past 40 years at Marine Money 2012 in
OSLO (Dow Jones) –Norwegian oil giant Statoil ASA (STO) has said it will lose about 115 million kroner ($19 million) a day due to a strike by offshore
Intermarine, a Houston-based international shipping company specializing in project and heavy lift cargo transportation, announced today that Alfred (Al) JV
There’s been a bit of buildup on Twitter and on Facebook these past few weeks about today’s “Day of the Seafarer” and we’ve been
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ST. PETERSBURG, Russia (Dow Jones) –Japan is hopeful that some accord can be reached with the United States to secure liquefied natural gas exports from
TOKYO (Dow Jones) –Japan and Russia agreed to provide necessary support for a project to build a liquefied natural gas plant in Vladivostok in a deal
The following article provided by the marine weather blog Ocean Weather Services blog and written by Fred Pickhardt, a professional marine meteorologist and
SAINT PETERSBURG – OAO Sovcomflot (SCF Group) announced on Friday that Citigroup and Bank of America Merrill Lynch signed a USD $140 million, 7 year
In the second day of St. Petersburg International Economic Forum, Russia’s largest shipbuilder, United Shipbuilding Corporation (USC), signed a joint
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By Elisabeth Ferland The military, business leaders, environmentalists, and labor groups all support the ratification of the U.N. Convention on the Law of the
If we’ve learned anything from the economic plight of the last few years, it’s the benefits of legal certainty for economic growth. Yet when small
On April 6th, satellite-image-monitoring-environmental group SkyTruth identified a 92-mile slick off Congo and Angola captured in the above photo that was
14-21 June 2012 Composite close – $660.95 MT Oil prices continued their fall this past week as WTI reached new eight month lows and Brent reached lows
LONDON–The sliding price of North Sea Forties crude, the main component of global benchmark Brent, is set to find support as up to 2 million barrels of
SINGAPORE (Dow Jones) —National Iranian Oil Co. will move its top fuel oil trader to head its Beijing office next month just as Europe’s embargo
Technip announced today they have been awarded a services contract for the Ichthys floating production storage and offloading (FPSO) unit. This contract
At the Überseebrücke pier, the Port of Hamburg has for the first time been able to welcome an LNG-fuelled ship. The KV BARENTSHAV belongs to the
I just noticed that Maersk Oil updated their Facebook “cover photo” with this fantastic image this morning. Do you notice anything odd about it
The U.S. Army Corps of Engineers (USACE) on Wednesday submitted to Congress it’s awaited “U.S. Port and Inland Waterways
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I met up with Pankaj Khanna, Chief Marketing Officer at Ocean Rig UDW at Marine Money in New York this week. Ocean Rig (ORIG:NASDAQ) owns 9 offshore
French offshore supply shipowner Bourbon Offshore said Thursday that it has landed 420 million euros in new financing to help with the company’s massive
Qatar Shipping SPC, a wholly owned subsidiary of Milaha (Qatar Navigation QSC), has secured a ten year US $110 million ship financing facility with QNB.
View Larger Map SYDNEY–A major rescue effort is underway after a boat carrying up to 200 asylum seekers capsized off the coast of Australia’s
OSLO (Dow Jones) –Norwegian oil giant Statoil ASA (STO) said Thursday it expects global oil demand to peak at 103 million barrels a day around 2030,
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