US oil major Chevron has made progress with two liquefied natural gas projects in Western Australia as part of its strategy to build at least five processing trains in the next five years. Should the Wheatstone and Gorgon projects progress as plann...

A Hong Kong shipping company may be taken to court over an oil spill in the Australian eastern state of Queensland earlier this year. State head Anna Bligh says she is ready to take the company to court. She says the government wants the company to ...

Barbados Maritime Ships’ Registry has mirrored the enthusiasm among other Caribbean flag states to maximise on opportunities that exit in the region by launching a ship owners and managers association it believes will, among other things, boost the...

Another of the world’s largest and most advanced Q-Max LNG carriers was delivered to Nakilat and chartered on long term contract to Qatar Liquefied Gas Company Limited (4), known as QG4, at Samsung Heavy Industries Co. Ltd. shipyard on Geoje Island....

The sale of the assets of UK emergency distress beacon manufacturer McMurdo was finalised on Friday November 20th? when the transfer from Digital Angel Corporation to Orolia was completed. The purchase price was $9.6 million US as part of a cash free...

Matson Navigation Company announced yesterday that it will raise its rates for the company’s Hawaii service by $120 per westbound container and $60 per eastbound container, effective January 3, 2010. Matson estimates that this increase will raise...

Growing world oil use will likely outpace the rate of new supplies in 2010, eroding the huge stockpiles of crude which have mounted around the world since the start of the global economic crisis. According to a Reuters poll of ten top oil-tracking...