Search results for: Sage

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  • 1 November 2013
    Business & Finance

    Statoil has decided to alter its sailing routes from the supply bases in Southern Norway to the platforms in the North Sea. The decision is a result of several years’ work aimed at optimising use of supply vessels and bases. The current sailing routes to the platforms in the North Sea from the bases in […]

  • 4 May 2018
    Business & Finance

    International Seaways continues to offload older tonnage as it makes room for Euronav’s VLCCs.

  • 28 July 2016
    Business & Finance

    Crude oil shipping company Gener8 Maritime recorded a 91% increase in its quarterly net income to USD 38 million, compared to USD 19.9 million seen in the same quarter a year earlier. The average daily spot TCE rates obtained by the company’s Very Large Crude Carrier (VLCC) fleet, including its vessels that were within Navig8 pools, was USD 44,806 […]

  • 19 November 2014

    Japan’s Osaka Gas sales volume dropped 2.5% for the month of October.

  • 16 March 2015

    Kogas of South Korea, the world’s largest corporate buyer of LNG, said its sales volume totaled 3.37 million tons in February, a drop of 9.1% compared to the same month in 2014. Kogas said in a filing to the stock exchange that its gas sales into the power sector were at 1.31 million tons, down […]

  • 6 April 2015

    The world’s largest corporate buyer of LNG Kogas said its sales volume totaled 3.28 million tons in March, a drop of 6.4% compared to the same month in 2014.

  • 18 May 2012

    Yesterday the Obama Administration provided final details for the Central Gulf of Mexico lease sale announced by President Obama in January 2012, as part of his administration’s ongoing focus on expanding safe and responsible production of U.S. domestic energy sources. Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy […]

  • 24 October 2007

    Gulf Western Petroleum Corporation (“Gulf Western”) [OTCBB: GWPC | Frankfurt: GER], is pleased to announce they have been advised by the Operator that the drilling rig is on location at the Red Breast No. 1 drill site, and that the Red Breast No. 1 will spud today. After obtaining the log results from the first […]

  • 1 November 2013
    Business & Finance

    Statoil has decided to alter its sailing routes from the supply bases in Southern Norway to the platforms in the North Sea. The decision is a result of several years’ work aimed at optimising use of supply vessels and bases. The current sailing routes to the platforms in the North Sea from the bases in […]

  • 24 July 2012
    Business & Finance

    As part of President Obama’s all-of-the-above energy strategy to expand safe and responsible domestic energy production, Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announced that BOEM will offer more than 20 million acres offshore Texas for oil and gas exploration and development in a lease […]

  • 12 December 2014

    South Korea’s Kogas showed a drop in November LNG sales volumes of 16.6% in comparison to the same period in 2013.

  • 24 November 2020
    Business & Finance, Vessels

    Greek tanker heavyweight Tsakos Energy Navigation (TEN) has kept a steady course during the rollercoaster year of 2020, having delivered strong business results while pushing forward with fleet modernization plans. TEN’s net income for the three-month period that ended on September 30, 2020 reached $1.4 million compared to a net loss of $9.5 million in […]

  • 25 May 2017
    Business & Finance

    U.S. oil giant Hess has signed a non-exclusive 10-year global agreement with Wood Group to provide engineering, project management, construction, commissioning, operations & maintenance, integrity management, subsea, and decommissioning services. The two companies have worked together for more than 25 years on a wide range of projects worldwide, Wood Group said on Thursday. According to […]

  • 28 October 2012

    As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau on Thursday released the final details for an oil and gas lease sale that will offer more than 20 million […]

  • 24 February 2015

    South Korea’s Kogas, the world’s largest corporate buyer of LNG, said its sales volume totaled 4.03 million tons in January, a drop of 7.1% compared to the same month in 2014.

  • 26 July 2011

    Japanese shipbuilders, leapfrogged by South Korean and Chinese yards in an industry they once dominated, are counting on fuel-saving technology to help them overcome a stronger yen and high wages. “There’s a sense of crisis in the medium to long term with the currency,” said Mr Hiroshi Minami, President of Oshima Shipbuilding Co., based in […]

  • 17 April 2013
    Business & Finance

    Maritime safety equipment innovator, Martek Marine, has released a MED-certified portable gas detector that can be easily and safely recalibrated onboard, providing tamperproof certification to meet the many regulations governing detector calibration. The Paris and Tokyo MOUs and oil major criteria require calibration records to be kept for all fixed and portable gas detectors onboard. […]

  • 6 August 2012
    Business & Finance

    The charterer of the vessel MT Saga Agnes redelivered the vessel from its contract to the Company on 27 July 2012. As per the contract, the Company paid for the remaining bunkers onboard the vessel at the time of redelivery, approx. USD 1.4 million. On July 31, 2012, Saga Tankers ASA has completed the sale […]

  • 16 January 2015
    Business & Finance

    Finnish shipping company Finnlines has purchased another ro-ro vessel, which was named MS Finnmerchant (ex MS Dorset, ex MS Longstone). Earlier this week Finnlines added two ro/ro vessels for its North Sea liner services, slated for delivery at the end of the year. MS Finnmerchant will be employed on  the route between Hanko and Rostock, which Finnlines plan to open […]

  • 2 May 2016
    Business & Finance

    The Netherlands-based Damen Shipyards Group and its compatriot GustoMSC are joining forces in order to produce a range of self-propelled and non-self-propelled jack-up platforms for the offshore industries – the DG JACK range, the companies said at this year’s Offshore Technology Conference (OTC) in Houston. “These jack-ups form an expansion of the Damen portfolio targeting the offshore […]

  • 6 April 2015

    The world’s largest corporate buyer of LNG Kogas said its sales volume totaled 3.28 million tons in March, a drop of 6.4% compared to the same month in 2014.

  • 17 July 2019
    Business & Finance

    Elliott has acquired a 5 percent stake in Saga, a parent company of Saga Cruises.