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CVCFL Acquires Stakes in ATAEI

Jan 06, 2015

Canbank Venture Capital Fund Limited (CVCFL) has picked up approx 5% minority Equity stake in Anand Teknow Aids Engineering India Ltd, a Rs 300 crore closely held Public Limited company manufacturing hi-tech, engineering products for the Oil & Gas sector in India & Gulf…

UN RO-RO Attends Maritime Career Day

Nov 20, 2014

The 19th Annual Career Days organized by the Istanbul Technical University Maritime Faculty Career Club hosted UN RO-RO on November 18.UN RO-RO representatives Murat Ozcelikyurek and Pınar Curnallok introduced themselves and their company in a speech to students…

Langh Ship Elects New Managing Director

Nov 19, 2014

Oy Langh Ship Ab will receive a new managing director at the turn of the year, when the current managing director, Hans Langh, takes over as Chairman of the Board for the shipping company. Laura Langh-Lagerlöf has been elected as the company’s new managing director…

Gazprom to Counter Negative Global Market Trends

Oct 24, 2014

The Gazprom Board of Directors took note of the information on the Company's financial strategy under the conditions of negative trends in the global financial market for the Russian business entities.It was pointed out that the geopolitical…

Former DHS Chief Ridge Introduces Cyber Solutions

Oct 06, 2014

First U.S. Homeland Security Secretary Tom Ridge Partners with Five Lloyd’s Syndicates to Offer ‘Intelligent’ Cyber Insurance. Ridge Insurance Solutions Company to close dangerous cyber insurance gap by providing informed-assessment capabilities and insurance…

LR Alert: Changes to the ISM Code

Aug 12, 2014

Amendments to the International Safety Management (ISM) Code will enter into force on 1 January, 2015, introducing new requirements for manning and company verification, and new references to related IMO guidance, as follows:Changes to manning requirementsAmended paragraph 6…

New Service Offers Advice to O&G Contractors

Aug 06, 2014

Johnston Carmichael, one of Scotland’s Chartered Accountancy and business advisory firms, is launching a service designed to help contractors unlock cash in their limited companies, which launches today, August 6.Contractor MVLs has been designed around a Members Voluntary Liquidation (MVL)…

Petrobras: 12% Staff to Take Early-Retirement Plan

May 05, 2014

Brazil's state-run oil company Petroleo Brasileiro SA said on Monday it expects to save about 10 billion reais ($4.51 billion) by 2018 after one in eight employees agreed to quit under an early retirement plan.Petrobras, as the company is known…

Saltchuk to Acquire Tropical Shipping

Apr 07, 2014

A subsidiary of Saltchuk Resources, one of the nation’s leading transportation and petroleum distribution companies, has entered into a binding purchase & sale agreement to acquire Tropical Shipping and its related companies.…

IHC Merwede Appoints Bram Roelse as CEO

Apr 02, 2014

IHC Merwede announced that it has appointed Bram Roelse as the company’s new Chief Executive Officer (CEO) with immediate effect as of April 1, 2014. He has taken over this leading role within the company from predecessor Dirk Philips who stepped back in November 2013…

WRS Named a Best Company to Work For

Mar 03, 2014

Worldwide Recruitment Solutions (WRS), a recruitment company specializing in talent acquisition across the oil and gas, mining, marine and power sectors globally, was listed as the U.K.’s 18th best small company to work for at the Sunday Times…

PVA Elects President, Officers and Board Members

Jan 31, 2014

During the PVA Annual Convention at MariTrends 2014, held January 18-21 in Houston, members of the Passenger Vessel Association (PVA) elected Terri Bernstein, BB Riverboats Newport, Ky., as PVA President for 2014.Also elected to terms as…

Nordic Maritime Exercises Option to Subscribe Further Shares

Dec 16, 2013

In light of the development of Nordic Shipholding A/S's cash position, as announced by the company in company announcement no. 11/13 published on December 13, 2013, Nordic Maritime has informed the company that it will exercise the option granted…

TOP Ships to Sell Its Current Fleet to Acquire New Vessels

Sep 06, 2013

TOP Ships Inc. an international maritime shipping company that provides transportation services for petroleum products and dry bulk commodities, announced that it has entered into three stock purchase agreements with an affiliate of the AMCI…

Nautilus Announces Closing of Rights Offering

Jun 12, 2013

Nautilus Minerals Inc. announced that it has received gross proceeds of C$40 million before expenses as a result of the successful closing of its rights offering through the issuance of 200,000,000 common shares at a subscription price of C$0…

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