Energy Infrastructure News


The stock of WARTSILA CORPORATION ORDINARY SHARES FI (OTCMKTS:WRTBF) registered an increase of 33.09% in short interest. WRTBF’s total short interest was 4.91M shares in December as published by FINRA. Its up 33.09% from 3.69 million shares, reported previously. With 2,900 shares average volume, it will take short sellers 1694 days to cover their WRTBF’s short positions.

Energy Voice | Lamprell secures contract for construction of two rigs

Lamprell has received a letter of intent for the construction and delivery of two jackup drilling units.The rigs will be built by Lamprell and International Maritime Industries Company (IMI), the Saudi maritime joint venture in which Lamprell is a partner.Lamprell will undertake most of the fabrication work at its Hamriyah yard in the United Arab Emirates…

Rowan's (RDC) Jack up Rig Receives Contract in Trinidad

Rowan's (RDC) jack up rig, Ralph Coffman, is currently hired by GulfSlope in the Gulf of Mexico.MoreRowan Companies plcs RDC 240-C Class harsh environment jack up rig Ralph Coffman has received a 180-day contract in Trinidad.Previously, the company received a contract from CGX Resources for the same rig. The jack-up, which is capable of performing in harsh environments…

Financial Comparison: Aaron’s (AAN) & MITCHAM INDUSTR/SH (MIND)

Aaron’s (NYSE:AAN) and MITCHAM INDUSTR/SH (NASDAQ:MIND) are both retail/wholesale companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, dividends, profitability, risk, institutional ownership and earnings. DividendsAaron’s pays an annual dividend of $0.14 per share and has a dividend yield of 0.4%.

Why BAE Systems doesnt want a real cockpit in its Tempest

The big news of Farnborough 2018 was the unveiling of the British Tempest fighter concept. FARNBOROUGH, England BAE System surprise presentation of a full-scale model for its Tempest fighter concept caught the Farnborough International Airshow by storm, but one feature of the design especially stood out the cockpit. Thats not normally the part of a plane on which people would focus…

Maryland Capital Management Upped Its Position in Emerson Electric Co (EMR) by $429,400 as Stock Dec

Glacier Peak Capital Llc increased its stake in Diamond Offshore Drilling Inc. (DO) by 894.28% based on its latest 2018Q3 regulatory filing with the SEC. Glacier Peak Capital Llc bought 178,855 shares as the company’s stock declined 29.90% with the market. The hedge fund held 198,855 shares of the energy company at the end of 2018Q3…

Historical path to new jetty?

When sailmaker Carol Hasse heard of the ports plans to replace the Point Hudson jetty with a steel combi-wall jetty, she dove into research. Built around 1934, the timber pile and rock jetty has protected boats in the marina next to Hasses sail loft for 80 years. But with damaged, eroding piles and sinking armoring rock…

QS Energy (OTCMKTS:QSEP) vs. Deep Down (DPDW) Critical Comparison

Deep Down (OTCMKTS:DPDW) and QS Energy (OTCMKTS:QSEP) are both small-cap oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their risk, profitability, earnings, dividends, institutional ownership, analyst recommendations and valuation. Earnings & ValuationThis table compares Deep Down and QS Energy’s gross revenue…

Zacks Investment Research Lowers WARTSILA OYJ/ADR (WRTBY) to Sell

Zacks Investment Research lowered shares of WARTSILA OYJ/ADR (OTCMKTS:WRTBY) from a hold rating to a sell rating in a report issued on Saturday morning. According to Zacks, “Wärtsilä Oyj Abp provides technologies and lifecycle solutions to the marine and energy markets. It serves merchant, offshore, cruise and ferry, navy and special vessel company.

Fisher Asset Management Boosted By $108.16 Million Its Salesforce Com (CRM) Position; Mitcham Indust

Mitcham Industries Inc (MIND) investors sentiment increased to 1.64 in Q3 2018. It’s up 0.57, from 1.07 in 2018Q2. The ratio is positive, as 18 hedge funds opened new and increased equity positions, while 11 sold and reduced their holdings in Mitcham Industries Inc. The hedge funds in our database now have: 8.55 million shares, down from 8.70 million shares in 2018Q2.

Tesla to buy SolarCity in $2.6 billion deal

NEW YORK, Aug. 1 (UPI) -- Tesla Motors Inc. on Monday announced it reached a deal to buy SolarCity Corp., combining Elon Musk's electric-car and solar-energy companies.The all-stock deal values SolarCity at about $2.6 billion, USA Today reported. SolarCity stockholders will receive 0.11 shares of Tesla stock for each SolarCity share…

Miller Howard Investments Has Upped Ford Mtr Co Del Com Par $0.01 (F) Position; Safe Bulkers, Inc. (

Miller Howard Investments Inc increased Ford Mtr Co Del Com Par $0.01 (F) stake by 573.77% reported in 2018Q3 SEC filing. Miller Howard Investments Inc acquired 386,494 shares as Ford Mtr Co Del Com Par $0.01 (F)’s stock declined 9.17%. The Miller Howard Investments Inc holds 453,854 shares with $4.20 million value, up from 67,360 last quarter.

Newport City Council could move forward on bringing National Sailing Hall of Fame to Rhode Island

The city of Newport could take another step Wednesday toward bringing the Annapolis-based National Sailing Hall of Fame to Rhode Island.The Newport City Council, which has twice voted to move forward with the project, will decide Wednesday how to split up a historic waterfront property that would house the Hall of Fame.Officials from Rhode Island…

BIMCO Pushes For Shipdex

The Baltic and International Maritime Council (BIMCO) and MAN Energy Solutions hosted a conference for software suppliers delivering Computerised Maintenance Management Systems (CMMS) to expand the use of Shipdex.Shipdex is the standard protocol for exchanging technical data - such as manuals – electronically between supplier and ships directly…

Oppenheimer & Close Has Decreased Cisco Sys (CSCO) Holding; Glacier Peak Capital Lifted Diamond Offs

Glacier Peak Capital Llc increased Diamond Offshore Drilling Inc. (DO) stake by 894.28% reported in 2018Q3 SEC filing. Glacier Peak Capital Llc acquired 178,855 shares as Diamond Offshore Drilling Inc. (DO)’s stock declined 29.90%. The Glacier Peak Capital Llc holds 198,855 shares with $3.98M value, up from 20,000 last quarter. Diamond Offshore Drilling Inc. now has $1.25B valuation.

Sustainable 'plastics' are on the horizon

A new Tel Aviv University study describes a process to make bioplastic polymers that don't require land or fresh water -- resources that are scarce in much of the world. The polymer is derived from microorganisms that feed on seaweed. It is biodegradable, produces zero toxic waste and recycles into organic waste.The invention was the fruit of a multidisciplinary collaboration between Dr.

Quadrant Capital Management Has Lifted Bankamerica (BAC) Stake By $323,408; Northrop Grumman Has 0.9

Quadrant Capital Management Llc increased Bankamerica Corp (BAC) stake by 26.29% reported in 2018Q3 SEC filing. Quadrant Capital Management Llc acquired 11,152 shares as Bankamerica Corp (BAC)’s stock declined 19.66%. The Quadrant Capital Management Llc holds 53,572 shares with $1.58M value, up from 42,420 last quarter. Bankamerica Corp now has $229.36B valuation.

'Fake news' journalist may face charges

German news magazine Der Spiegel says that a disgraced journalist it fired for inventing and embellishing stories over a period of several years may face embezzlement charges.The Hamburg-headquartered magazine, which has been attempting to head off criticism by being transparent about its investigation, said it is filing…

– Deadly Tsunami Strikes Indonesia

JAKARTA, Indonesia, December 23, 2018 (ENS) – Hundreds of people lost their lives and hundreds more were injured or missing after a tsunami hit the island nation of Indonesia without warning Sunday following a volcanic eruption and underwater landslides kilometers offshore.At least 222 people died, more than 843 were injured…