Asia News

Microsoft-OOCL Partnership to Develop Shipping AI

Microsoft Research Asia (MSRA), Microsoft’s research arm, and Orient Overseas Container Line (OOCL) have announced a partnership to apply artificial intelligence (AI) research to the shipping industry.The collaboration between the technology giant and the Hong Kong-based international container transportation, logistics…

Buckeye Partners, L.P. Announces Agreement to Construct South Texas Gateway Terminal

HOUSTON, April 24, 2018 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (NYSE:BPL), today announced the formation of a joint venture with Phillips 66 Partners LP (Phillips 66 Partners) (NYSE:PSXP) and Andeavor (NYSE:ANDV) to develop a new deep-water, open access marine terminal in Ingleside, Texas. The South Texas Gateway Terminal…

Exxon Mobil offers PNG LNG cargo for May delivery to N.Asia -traders

SINGAPORE, April 24 (Reuters) - U.S. energy major Exxon Mobil has offered a liquefied natural gas (LNG) cargo from its recently restarted Papua New Guinea plant for delivery into the Japan, Korea, Taiwan (JKT) region in May, two traders with knowledge of the matter said.Exxon Mobil has offered the cargo on a delivered ex-ship (DES) basis…

A summit imperiled by Rocket Man’s travel tribulations

ANALYSIS/OPINION:“Just getting there, as Cunard once boasted of transatlantic crossings by ship, “is half the fun.” The Atlantic is still there, but ocean liners are not, and almost the only way to cross the ocean sea now is by air. That’s no fun at all. Dining aboard an ocean liner has been replaced by dining aloft, and you’re lucky to get a pretzel or a stale cracker.But for Kim Jong-un…

Subsea 7 awaits McDermott vote

Subsea 7 chairman Kristian Siem and chief executive Jean Cahuzac are waiting to see whether McDermott Internationals shareholders are interested in taking a closer look at their takeover proposal after the target companys board rejected a deal.The suggested $7 per share offer was last week turned down by McDermotts board…

Edited Transcript of SALT earnings conference call or presentation 23-Apr-18 3:00pm GMT

Thomson Reuters StreetEventsApril 24, 2018Q1 2018 Scorpio Bulkers Inc Earnings CallMonaco Apr 24, 2018 (Thomson StreetEvents) -- Edited Transcript of Scorpio Bulkers Inc earnings conference call or presentation Monday, April 23, 2018 at 3:00:00pm GMTTEXT version of Transcript================================================================================Corporate…

Weatherford Reports First Quarter 2018 Results

First Quarter 2018 HighlightsSegment operating income improved by 145% year-over-year Successfully extended 2019 and 2020 debt maturities through closing a private offering of $600 million in senior notes Estimated recurring benefit of $108 million in annualized cost savings and $41 million in one-time benefits as part…

LGInnotek, SEMCO, Sharp, SunnyOptical, Partron, ZFTRW, MCNEX, CAMMSYS – satPRnews

Category : Chemicals & MaterialsThis The global Auto Black Box Camera Module market report wraps a thorough perception into the  Auto Black Box Camera Module market and recognizes the chief trends associated to the different sectors of the market., in In addition to this, it offering offers methodical information rich in quantity and quality.
Interop ITX 2018

Golden Galleon Raids Maritime Shipping Firms

A new Nigerian criminal gang is launching attacks on the maritime industry.Multi-level attacks are part and parcel of modern cybercrime. Recent dissection of a campaign targeting the maritime shipping industry shows tactics involving Business Email Compromise (BEC) and Business Email Spoofing (BES) fraud, wire-transfer redirection…

How Windmills as Wide as Jumbo Jets Are Making Clean Energy Mainstream

Prototype wind turbines whirl at a testing site in Osterild, near the northern end of Denmarks Jutland peninsula.By Rasmus DegnbolOSTERILD, Denmark  At the northern end of Denmarks Jutland peninsula, the wind blows so hard that rows of trees grow in one direction, like gnarled flags.The relentless weather over this long strip of farmland…

Asian shares advance as US bond yields push dollar higher | Nation

TOKYO (AP) Asian shares were mostly higher Tuesday as a surge in U.S. bond yields pushed the value of the dollar higher against other major currencies.KEEPING SCORE: Japan's benchmark Nikkei 225 gained 0.7 percent in morning trading to 22,236.53, helped by the weaker yen. Australia's S&P/ASX 200 climbed 0.5 percent to 5,916.40, and South Korea's Kospi lost 0.3 percent to 2,467.81.

US stocks are mixed and bond yields set four-year highs

TOKYO (AP) - Asian shares were mostly higher Tuesday as a surge in U.S. bond yields pushed the value of the dollar higher against other major currencies.KEEPING SCORE: Japan's benchmark Nikkei 225 gained 0.7 percent in morning trading to 22,236.53, helped by the weaker yen. Australia's S&P/ASX 200 climbed 0.5 percent to 5,916.40, and South Korea's Kospi lost 0.3 percent to 2,467.81.

OOCL teams with Microsoft to improve shipping operations with AI

Microsoft Research Asia (MSRA), Microsofts world-class research arm, and Orient Overseas Container Line Limited (OOCL) announced their partnership in applying Artificial Intelligence (AI) research to improve network operations and achieve efficiencies within the shipping industry. The collaboration is expected to nurture…

Energy Voice | Subsea 7 'aims for SURF throne' with McDermott takeover bid

Subsea 7s £1.4billion takeover bid for McDermott represents a move to assume the throne for the global subsea umbilicals, risers and flowlines market (SURF), according to analysts Rystad Energy.UK-based oil services firm Subsea 7 yesterday confirmed it had made a rejected move for the US rival, which was rejected, in a…

Subsea 7 Makes Hostile Bid For Mcdermott

By Nerijus AdomaitisApril 23, 2018Offshore oil services firm Subsea 7 has made an unsolicited offer worth about $2 billion for U.S. rival McDermott, potentially breaking up the U.S. company's agreed deal with onshore engineering firm Chicago Bridge & Iron (CB&I).The deal could make Oslo-listed Subsea 7 the market leader…

Global Market Report on Vapor Recovery Units 2018-2022 - Analysis by Application, End-Use Industry,

DUBLIN--(BUSINESS WIRE)--Apr 23, 2018--The "Vapor Recovery Units Market by Application (Processing, Storage, and Transportation), End-use Industry (Oil & Gas (Upstream and Downstream), Landfills), and Region (North America, Europe (UK, Germany), Asia Pacific) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's…

Comparing Dril-Quip (DRQ) and Its Competitors

Dril-Quip (NYSE: DRQ) is one of 14 public companies in the “Oil & gas field machinery” industry, but how does it weigh in compared to its peers? We will compare Dril-Quip to similar companies based on the strength of its valuation, earnings, profitability, risk, analyst recommendations, institutional ownership and dividends.

Hydro Group Scoops QueenS Award

Hydro Group plc, has been awarded the Queen’s Award for Enterprise: International Trade.The Awards acknowledge exceptional businesses across the U.K., celebrating the cream of the country’s entrepreneurs and innovative minds. Open to almost all UK-based businesses, the International Trade category recognizes those who have…

EMEA (Europe, Middle East and Africa) Sport Fishing Motor Yachts Market Attractiveness, Competitive

Questale published a new in-depth industry research that focuses on EMEA (Europe, Middle East and Africa) Sport Fishing Motor Yachts market, delivers detailed analysis of market and future prospects of EMEA (Europe, Middle East and Africa) Sport Fishing Motor Yachts market. The critical and significant data in the study makes the research a very important tool for experts…

Floating Production Storage And Offloading (FPSO) Market Study, Market Scope, Regional Outlook, Inex

The Global Floating Production Storage And Offloading (FPSO) Market Report includes a comprehensive analysis of the present market. The report starts with the basic Floating Production Storage And Offloading (FPSO) Market overview and then goes into each and every detail. Floating production, storage and offloading (FPSO) are the vessels used to produce…