Aberdeen, UK-based Verus Petroleum has secured a 12-fold increase in its production – from 1,500 to 18,000 barrels per day in less than a year – with the closing of three recent acquisitions on the UK Continental Shelf.A press release from the…
Verus Petroleum Mulls 12-Fold Production Growth Read More »
Panama Canal, Port of Itaqui agree to promote shipment of grains and other cargoes to markets in Asia.
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Panama Canal Signs Dry Cargo Deal with Brazilian Port Read More »
The UK Hydrographic Office has announced the appointment of Rear Admiral Tim Lowe CBE, the current UK National Hydrographer and Deputy Chief Executive, to the position of Acting Chief Executive and Accounting Officer.Rear Admiral Lowe will fill…
Admiral Tim Lowe to Head UK Hydrographic Office Read More »
UK-based containership lessor Global Ship Lease (GSL) has agreed five-year charters with CMA CGM for the 2015-built, 6,882 TEU containerships UASC Bubiyan and UASC Yas.The containership charter owner said in a release that the new charters,…
Global Ship Lease Sings TC with CMA CGM Read More »
Canada’s petroleum company Husky Energy submitted a preliminary report about the largest-ever oil spill in Newfoundland and Labrador and said it is “deeply sorry” for the incident.According to local media reports, the oil and gas vcompany admitted that…
Husky Energy ‘Deeply Sorry’ for Oil Spill off Newfoundland Read More »