Floating Liquefied Natural Gas News

Energy Voice | West of Shetland dream coming true for Siccar Point

Theres never been a more exciting time on the UK Atlantic Frontier.Witness the bold actions of Siccar Point and Hurricane Energy. They are playing a pivotal role in transforming what was a slow-paced, frustrating sector of the UK Continental Shelf (UKCS).The two firms, with their bold approaches, can redefine how west of…

Virtu Financial LLC Acquires 7,962 Shares of Teekay Co. (TK)

Virtu Financial LLC boosted its holdings in shares of Teekay Co. (NYSE:TK) by 60.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,068 shares of the shipping company’s stock after buying an additional 7,962 shares during the quarter. Virtu Financial LLC’s holdings in Teekay were worth $142…

Charter Communication (CHTR) Stock Rose While Selkirk Management Has Lowered Its Position; Snow Capi

Snow Capital Management Lp decreased its stake in Ofg Bancorp (OFG) by 42.91% based on its latest 2018Q3 regulatory filing with the SEC. Snow Capital Management Lp sold 427,189 shares as the company’s stock rose 5.05% while stock markets declined. The institutional investor held 568,402 shares of the major banks company at the end of 2018Q3…

Fmr LLC Grows Stake in Teekay Offshore Partners L.P. (NYSE:TOO)

FMR LLC lifted its stake in Teekay Offshore Partners L.P. (NYSE:TOO) by 5.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,492,807 shares of the shipping company’s stock after buying an additional 1,776,005 shares during the period.
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Sailor, 16, who abandoned her yacht during round-the-world record delighted as the 'ghost boat' is r

Video provided by CNNA sailor girl has shared her joy after discovering her missing yacht has resurfaced nine years after she abandoned it at sea.Abby Sunderland, now 25 years old, said her heart 'skipped a beat' when she discovered her boat, Wild Eyes, had reemerged just off the Kangaroo Island, in South Australia. 'Seeing Wild Eyes on the news was very emotional.

Teekay (TK) Trading 9.4% Higher

Teekay Co. (NYSE:TK) shares shot up 9.4% during mid-day trading on Friday . The stock traded as high as $3.76 and last traded at $3.71. 887,413 shares changed hands during trading, a decline of 7% from the average session volume of 950,471 shares. The stock had previously closed at $3.39.A number of analysts recently issued reports on the company.

Summary of Euronav NV (NYSE:EURN) Ratings – Enbulletin

In total 6 analysts cover Euronav (NYSE:EURN). “Buy” rating has 4, “Sell” are 0, while 2 are “Hold”. 67% are bullish. 6 are the (NYSE:EURN)’s analyst reports since August 10, 2018 according to StockzIntelligence Inc. On Tuesday, August 14 Pareto upgraded Euronav NV (NYSE:EURN) to “Buy” rating. The stock rating was downgraded by DNB Markets to “Hold” on Friday, November 30.

Swiss shipping line agrees to pay container spill cleanup costs

Swiss shipping line MSC said on Saturday it will bear the "full costs" of cleaning up debris from a container spill that washed up on Dutch and German shores.More than 270 containers, some of them carrying hazardous material, fell off one of the world's largest container ships, the MSC Zoe, in rough weather on Wednesday…

Financial Contrast: Grupo TMM SAB (GTMAY) versus Diana Shipping (DSX)

Grupo TMM SAB (OTCMKTS:GTMAY) and Diana Shipping (NYSE:DSX) are both small-cap transportation companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, institutional ownership, earnings, valuation, risk and analyst recommendations. ProfitabilityThis table compares Grupo TMM SAB and Diana Shipping’s net margins…

Current Valuation: Scorpio Tankers (NYSE: STNG)

The growth of the EPS is critical in understanding the current valuation of Scorpio Tankers. It is typically displayed as a percentage and called the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -27.80 % over the last twelve months. The higher the EPS growth rate, the higher the value…

Blazing cargo ship carrying 3,500 Nissan cars remains adrift in the Pacific after fire broke out, cl

A cargo ship carrying 3,500 brand new Nissan cars is still adrift in the Pacific ocean after a fire onboard.Five crewmembers are missing presumed dead, and the other 16 were forced to evacuate after the New Year's Day blaze - leaving The Sincerity Ace, a 650-foot car carrier, drifting 2,000 miles northwest of Hawaii.The ship…

Smithfield Trust Company Boosted Its Bank New York Mellon Com (BK) Holding; Northrop Grumman (NOC)

Smithfield Trust Company increased Bank New York Mellon Corp Com (BK) stake by 59.17% reported in 2018Q3 SEC filing. Smithfield Trust Company acquired 11,550 shares as Bank New York Mellon Corp Com (BK)’s stock declined 8.59%. The Smithfield Trust Company holds 31,069 shares with $1.59M value, up from 19,519 last quarter. Bank New York Mellon Corp Com now has $46.40B valuation.

Why Shares of National Oilwell Varco Dropped 20% in December

What happenedShares of oil equipment manufacturer National Oilwell Varco (NYSE: NOV) fell 20% in December, according to S&P Global Market Intelligence. Much of that plunge can be chalked up to general market declines and dropping oil prices. The long-term concern, though, is that these events may further put off oil and…

Air survey for Milford Haven oil spill ahead of meeting

Fresh tests on an oil-spill hit estuary are to be carried out, port chiefs have said.The Valero Jetty in Pembrokeshire was closed off following the leak on Thursday - which the local harbourmaster said had been contained.The Port of Milford Haven said a pollution control aircraft will carry out a survey on Friday - with…

British pensioner, 68, is feared dead after his motor boat goes up in flames off Lanzarote

A missing British pensioner is feared dead after his motor boat went up in flames off the coast of Lanzarote.Shocking video from a helicopter above showed thick black smoke billowing from the vessel's hull as it became engulfed in flames. Emergency services discovered the 68-year-old man's wallet in the sea near the boat…

Dutch authorities demand clean-up costs from Swiss shipping line

AMSTERDAM (Reuters) - Dutch authorities will hold Swiss shipping line MSC liable for the cost of cleaning up debris from more than 270 cargo containers that fell off one of its vessels and washed up on shore, officials said on Friday. A handout photo made available by the central command for maritime emergencies Havariekommando on their website on January 3…

Ocean Cleanup Device Malfunctions

A first-of-its-kind floating ocean cleanup system deployed to collect plastic pollution from the Great Pacific Garbage Patch has been taken out of service early after it broke apart while operating halfway between Hawaii and California.The wind- and wave-propelled cleanup system, launched from San Francisco in September by Dutch nonprofit The Ocean Cleanup…

Tsunami almost wiped out civilization in ancient China

A tsunami which struck southern China around a thousand years ago nearly wiped out civilization in what is now one of the most densely populated regions of the planet, according to a new study by Chinese scientists. The devastation caused by the giant wave raises new questions over the potential vulnerability of the region today…

Has the Panama Canal expansion changed anything? – CSCMP's Supply Chain Quarterly

By Toby Gooley | December 28, 2018It's been more than two years since the expanded Panama Canal opened for business. But it may still be too early to assess its impact.During the buildup to the long-delayed opening of the expanded Panama Canal in mid-2016, the Panama Canal Authority, the government agency charged with managing…

Great Pacific Garbage Patch: Ocean Cleanup device breaks

The Ocean Cleanup device used to clean trash in the Great Pacific Garbage Patch needs restoration after 60-foot chunk broke off. USA TODAYThe Ocean Cleanup system deployed in the Great Pacific Garbage Patch to sweep up plastic trash at the ocean's surface.(Photo: Ocean Cleanup)SAN FRANCISCO A 60-foot chunk of the Ocean Cleanup device…