Offshore News

Meet the Teessider who says she can help cure your sleep problems in 90 minutes

Teessider Emma Cook says she can help cure your sleep problems in 90 minutes - now she's working with big companies to help their workers get enough shut-eye.The 31-year-old, from Whitton, near Stockton, has spent the last 10 years researching sleep, or the lack of it, even living with monks to develop effective breathing techniques.She believes modern life is taking its toll…

Communities march to save oceans from oil exploitation

Thousands of KwaZulu-Natal residents took to the Durban Beachfront Promenade to march last Thursday morning against proposed offshore oil and gas exploitation and against enabling, polluting corporations. The beautiful ocean and climate heritage is at stake.People from areas such as Mtubatuba, Hluhlulwe, Richards Bay, Empangeni…

AMM goes bush bashing with a boat

11 December 2018There's a boat but not much water: the AMM Sea Class 5700 centre console on its off road trailer ready to go bush.Australian Master Marine performs outback 'torture test' on boat and trailer.The aim of the journey - which took in isolated destinations such as Borroloola near the Queensland-Northern Territory border in the Gulf of Carpentaria…

United Labor commits to continuing boat turnbacks, offshore processing

Senior Labor frontbenchers have dismissed suggestions an ugly stoush on border protection could overshadow the ALP's national conference, as the coalition zeros in on the issue.Tony Burke, a leader of the NSW Right faction, and Left heavyweight Tanya Plibersek are confident there will be no changes to Labor's support for…

Sinanju-operated Bunker Tanker Detained in Singapore

A bunker tanker operated by Sinanju Tankers has been detained in Singapore, court records show.Marine Oracle was arrested on December 6 in a dispute over dry dock fees. Sinanju Tankers has the ship on time-charter from MPMT, a joint-venture between the company and Marco Polo Marine. But the dispute over fees with CrestSA Marine & Offshore has been resolved from Sinanju's side.

GLENCORE PLC/ADR (GLNCY) Cut to Sell at Zacks Investment Research – BharataPress

GLENCORE PLC/ADR (OTCMKTS:GLNCY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Friday. According to Zacks, “Glencore Plc operates as a diversified natural resource company. It operates in three groups: Metals and Minerals, Energy Products, and Agricultural Products.

Moray Firth ship-to-ship oil transfers plan abandoned

A port authority has abandoned a controversial plan for ship-to-ship transfers of oil in the Moray Firth.Invergordon's Port of Cromarty Firth has now announced that it was no longer pursuing a licence for the operations.Environmental campaigners who opposed the proposal have welcomed the decision.Ship-to-ship operations…

Oxford Lane Capital (OXLC) to pay $0.14 on Dec 31, 2018; Teekay Offshore Partners LP (TOO) Sentiment

Oxford Lane Capital Corp (NASDAQ:OXLC) is expected to pay $0.14 on Dec 31, 2018. (NASDAQ:OXLC) shareholders before Dec 21, 2018 will receive the $0.14 dividend. Oxford Lane Capital Corp’s current price of $9.74 translates into 1.39% yield. Oxford Lane Capital Corp’s dividend has Dec 24, 2018 as record date. Aug 7, 2018 is the announcement.

Noble Co. PLC (NE) Receives $6.18 Average PT from Analysts

Shares of Noble Co. PLC (NYSE:NE) have received a consensus recommendation of “Hold” from the nineteen ratings firms that are currently covering the company, reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and five have issued a buy recommendation on the company.

Unalaska council rejects Fisherman's Finest plea

The Unalaska City Council didn't back down from its call for sideboard restrictions to prevent at-sea cod purchases from the brand new, but stuck at the dock, factory trawler America's Finest, which is now seeking a federal Jones Act waiver because of an illegal amount of foreign steel in its hull. Top officials from major…

7,967 Shares in McDermott International Inc (MDR) Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. purchased a new position in McDermott International Inc (NYSE:MDR) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,967 shares of the oil and gas company’s stock, valued at approximately $147,000. Other hedge funds have also bought and sold shares of the company.

Analyst Predictions in Focus for This Stock: Diamond Offshore Drilling, Inc. (NYSE:DO)

Investors may be getting ready to review the most recent company earnings reports. Digging down into the numbers may help provide a good idea of how the company is set up for the foreseeable future. After a recent scan, we can see that the current quarter EPS consensus estimate for Diamond Offshore Drilling, Inc. (NYSE:DO) is -0.39.

Court orders Samsung to remove barricade around Ladol facility

A Lagos High Court at Tafawa Balewa Square (TBS) has ordered Samsung Heavy Industries (SHI) of South Korea to remove the barricade and the electric fence it erected around the facility of Lagos Deep Offshore Logistics (LADOL) within seven days.Following a contractual dispute with LADOL, Samsung had on November 27, 2018…

Grand Strand Fishing Report for the weekend of Dec. 7-9

EstuaryLook For: Spotted seatrout, red drum, black drum, flounder, sheepshead.Comments: Whats happening in local inlets as December arrives? Trout, trout and more trout, said Capt. Dan Connolly of O-Fish-Al Expeditions in Murrells Inlet. (Theyre taking) live shrimp and soft plastics. Keep on fishing and catching and moving to spots until you catch some keepers.

Ministry denies Japans accusation that shipbuilding subsidies break WTO rules

The Korean government on Wednesday denied the Japanese governments claim that Seoul breached international trade rules, saying its decision to provide subsidies to ailing shipbuilders complies with the rules. Officials at South Koreas Trade Ministry said they are willing to talk with their Japanese counterparts, amid reports…

Exxon finds more oil in Guyana as Trinidad fades away

Just when Caribbean Community nations are scrambling to find an alternative supplier for oil, the regions largest nation is preparing to crank up its own petroleum industry as age-old supplier Trinidad fades steadily away.In the past month, Petrotrin, the communitys major refinery in Trinidad, shut its doors as authorities…

Rare Infrastructure LTD Decreased Cheniere Energy (LNG) Holding by $37.97 Million; Exxon Mobil (XOM)

Rare Infrastructure Ltd decreased its stake in Cheniere Energy Inc (LNG) by 37.62% based on its latest 2018Q2 regulatory filing with the SEC. Rare Infrastructure Ltd sold 584,133 shares as the company’s stock rose 2.78% with the market. The institutional investor held 968,518 shares of the public utilities company at the end of 2018Q2…

Could AUSTAL LTD ORDINARY SHARES (OTCMKTS:AUTLF) Skyrocket? The Stock Has Too Many Sellers

The stock of AUSTAL LTD ORDINARY SHARES (OTCMKTS:AUTLF) registered an increase of 11.29% in short interest. AUTLF’s total short interest was 6,900 shares in December as published by FINRA. Its up 11.29% from 6,200 shares, reported previously. It closed at $1.39 lastly. It is down 0.00% since December 6, 2017 and is . It has underperformed by 15.62% the S&P500.Austal Limited designs…