News

Hellenic Carriers Limited, an international provider of marine transportation services for dry bulk cargoes, announces that,

V.F.Tanker Shipping Company has put into operation the sixth tanker of Project RST27 named VF Tanker-6 (building No. 02006) with sea/river deadweight of 7022/5420 tons.

A huge car carrier which has dominated the skyline at Falmouth Docks during August left the port, signaling the end of another successful ship repair contract for A&P Falmouth.

Thursday 23 August 2012, delivery took place of Iver Brilliant, a 6,265-ton asphalt/oil/chemical tanker.

On 22nd August 2012, COSCO International announced 2012 interim results, and held 2012 interim results press conference

On the 23rd of August in Moscow on ROSATOM’s premises the signing of a contract for building of the pilot universal new generation nuclear icebreaker was held.

During the reporting period of 15 to 21 August 2012, there have no piracy related incidents in the High Risk Area

The board of directors (the “Board”) of COSCO International Holdings Limited (“COSCO International” or the “Company”, stock code: 00517)

The vessel upsizing trend in the containership sector has resulted in a cascade of larger capacity vessels down through trade routes.

A year from now a new international law widely hailed as a major advance in maritime employment will, barring unforeseen circumstances,

Among the aims of the Piraeus Association for Maritime Arbitration, Mediation has been included as an alternative procedure for resolving disputes, a method often used by Shipping Companies, English law firms and foreign Mediators.

Russia is cementing its status as Europe’s foremost diesel supplier as President Vladimir Putin seeks to shore up economic growth with record investment in the refining industry.

Zeta Petroleum has seen promising signs of gas in multiple levels with the first well targeted at bringing its wholly owned Bobocu gas field in Romania back into production.

Under the presidency of Raúl Castro, Fidel Castro’s younger brother and, like him, an octogenarian, Cuba is poised between hope and dejection.

Texas-based Noble Energy will apparently commence appraisal drilling within its Block 12 concession sometime between this October and March next year.

Two large export refineries in the former Soviet Union, the 220,000 barrels-per-day (bpd) Moscow Refinery and the 240,000 bpd Mozyr refinery in Belarus, announced outages in September for partial maintenance.

EnerJex Resources, Inc. (OTCMarkets: ENRJ) (“EnerJex” or the “Company”), a domestic onshore oil company, announced yesterday that it has appointed Douglas M. Wright as its Chief Financial Officer.

ConocoPhillips (NYSE: COP) announced yesterday that, as part of its ongoing strategy to reposition its asset base, it has closed a transaction with LUKOIL for the sale of ConocoPhillips’ indirect 30 percent interest in

The Middle East crude market remained buoyed by concerns over tightening gas oil inventories globally, traders said.

Saudi Arabian Oil Co. is developing a natural-gas field called Midyan in the northwestern part of the kingdom, the Eqtisadiah newspaper reported, citing Chief Executive Officer Khalid al-Falih.