House Panel Backs U.S. Navy Plan Calling for 4 More LCS’ Next Year
The littoral combat ship USS Freedom (LCS 1) departs San Diego Bay for a deployment to the Asia-Pacific region, March 1, 2013. (U.S. Navy photo/Released) Tony Capaccio May 21 (Bloomberg) — A House defense panel has agreed with the U.S.Navys request to buy four additional Littoral Combat Ships in the fiscal year starting Oct. 1. [...]
May 21 (Bloomberg) — Costs to ship liquefied petroleum gas will exceed the 2008 record as the U.S. expands exports amid rising demand in Latin America and India, according to Exmar NV, the operator of 27 carriers. Spot rates surged 47 percent this month to $70.86 a metric ton, according to the Baltic Exchange, the [...]
Helmerich & Payne, Inc. (HP), Noble Corporation (NE), Diamond Offshore Drilling Inc (DO): Three Oil Companies You Should Buy This Year … The deliveries of these drill ships are scheduled for the second quarter of 2014 and the second half of 2014, respectively. Each drill ship will generate revenue of about … This will boost the company's cash flow over a longer period as the industry expects 50-70 new rig opportunities in the next seven years. In its fleet renewal …
Lamprell, a provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries , has issued its latest Interim Management Statement in accordance with the EU Transparency Directive. … In the year to date, the Company has worked on a total of 11 jackup rigs , two of them in its Hamriyah facility and nine in its Sharjah facility, covering the full range of its repair, upgrade and refurbishment services.
Tankers . NAVIOS tanker arm Navios Maritime Acquisition is raising $120m from its second share offering this year.The fast-growing tanker owner, which was recently in the news for product tanker acquisitions and …
International Container Terminal Services Inc. (ICTSI) said Thursday that its first-quarter net profit rose 15% from the year-earlier period, boosted by double-digit growth in its revenue and cargo volume. ICTSI said net profit in the January-March quarter rose to $40.7 million from $35.4 million in the year-earlier period, while total revenue increased 20% to $209.3 [...]
The Pilbara Apollo, the latest addition to the RAstar 3200 escort tug series was delivered to its owners, Rio Tinto Ltd. earlier this year. The vessel was constructed at Uzmar Shipbuilding Industry Co. in Turkey and will operate …
Daily News 14:25 8 May. Shipbuilding boosts profits for Penguin. MORE shipbuilding and ship repair projects raised net profits of Penguin International to $1.6M in the first quarter of this year, from $2,000 in 1Q12.
Batumi port's oil terminal intends to increase oil transshipment up to 5.215 million tons this year compared to 5.190 million tons last year, CEO of Batumi Industrial Holdings Ltd. Talgat Baytaziev told Trend news agency.
Planned spending on its Pacific National coal and rail train fleets and port terminals and logistics businesses are in the gun. Capital expenditure for this year has been shaved by about 20 per cent from $700 million to $800 …
Paris Exposition: ship, Paris, France, 1900