Daily Briefing October 25 2018
IMO approves sulphur cap guidance | Lloyd’s List names Outstanding Achievement Award recipient | Maritime wakes up to cyber security…
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October 2018
US, Russian Energy Majors Join to Push LNG in India, Japan
Russia’s energy major Rosneft and US ExxonMobil plan to build a liquefied natural gas (LNG) plant in a consortium with Indian and Japanese partners, spreading the estimated $15 billion cost, Reuters reported.The report said that the LNG production…
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ASCO Establishes JV with Columbia Shipmanagement
The Azerbaijan Caspian Shipping Company (ASCO) and Columbia Shipmanagement will create a joint venture, the ASCO said in a press release.Rauf Valiyev, the Chairman of ASCO and Heinrich Schuller, the Chairman of Columbia Shipmanagement signed a memoran…
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Jacobs Sells ECR Division to WorleyParsons
Australia’s WorleyParsons has entered into a binding agreement to acquire US contractor Jacobs Engineering’s Energy, Chemicals & Resources (ECR) division, a leading global technical services provider across Hydrocarbons, Chemicals and Mining & Mineral…
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EU Okays CMA CGM’s takeover of Containerships
European Commission’s competition regulators has approved CMA CGM acquisition of Container Finance, the holding company that controls regional container operator Containerships.CMA CGM, the world’s fourth largest carrier by capacity, agreed…
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