Energy Security News

Whither the dry bulk shipping recovery?

The recovery is on its way, proclaimed one analyst, speaking about the dry bulk sector in 2014. The trough is now squarely in the rear-view mirror, said another a half-decade ago. Prepare for a two-year cycle with earnings likely to peak in 2015.As it turned out, dry bulk earnings set fresh lows in early 2015, came up a little, then crashed to an all-time nadir in early 2016.

Globus Maritime Limited's Fleet To Burn Low-Sulphur Fuels Instead of Installing Scrubbers

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated operating and financial results for the six-month period ended June 30, 2019.Current Fleet DeploymentAll our vessels are currently operating on short term time charters (on spot).Management CommentaryDuring the second quarter of the…

Feature: Italian firms eye fruitful results at China import expo - Xinhua

by Xinhua writers Wu Baoshu, You ZhixinSHANGHAI, Oct. 28 (Xinhua) -- A 20-meter-long patrol vessel from Italy has become the first exhibit to enter the venue of the upcoming second China International Import Expo (CIIE) in Shanghai.The FSD 195 fast patrol boat, made by Italian shipbuilder Ferretti, will make its Asian debut at the expo, which will be held from Nov.

Performance Shipping (NASDAQ:DCIX) Upgraded to Buy by ValuEngine

ValuEngine upgraded shares of Performance Shipping (NASDAQ:DCIX) from a hold rating to a buy rating in a report issued on Thursday morning, ValuEngine reports.Shares of DCIX stock traded up $0.06 during midday trading on Thursday, reaching $1.04. 328,000 shares of the company traded hands, compared to its average volume of 478,090.

HASC Chairman: Single-contractor bid for new ICBM is troubling

Smith said he offered to help Boeing but the company wasn't interested.WASHINGTON Competition in government contracts is always desirable, and even more so in a big-ticket procurement like the Air Forces next-generation intercontinental ballistic missile, House Armed Services Committee Chairman Adam Smith (D-Wash.) said Oct.

'A sad day': Frustrated oilpatch braces for more Trudeau (and more job losses)

The president of oil and gas producer Whitecap Resources expects the mood in the office today will be "not good" after the Liberals were able to hold onto power with a minority government.After the oilpatch celebrated the victory of the United Conservative Party government in Alberta in the spring, many in the sector were…

Clear skies after mid-air storm drama as Kate and William leave Pakistan

Islamabad (AFP) – Prince William and his wife Kate left Pakistan Friday after a tour dramatically capped by a terrifying mid-air plane drama which saw their Royal Air Force pilot abort two landings in a fierce thunderstorm over Islamabad.The turbulence from the Thursday evening storm during the flight from Lahore to Islamabad…

After Attack On Oil Tankers, Crew Arrives In Dubai : NPR

Mariners from the MT Front Altair arrive at Dubai International Airport in Dubai, United Arab Emirates, on Saturday. Mariners from the MT Front Altair arrive at Dubai International Airport in Dubai, United Arab Emirates, on Saturday. Days after explosions blasted through two oil tankers in the Strait of Hormuz, the crew of one of the vessels arrived Saturday in Dubai…
Office Depot, Inc. (NASDAQ:ODP) Institutional Positions Chart

Axa Holds Stake in Huntington Ingalls Inds (HII); Office Depot (ODP) Holder Aristotle Fund LP Has B

Axa increased its stake in Huntington Ingalls Inds Inc (HII) by 1147.19% based on its latest 2018Q3 regulatory filing with the SEC. Axa bought 15,900 shares as the company’s stock declined 19.47% with the market. The institutional investor held 17,286 shares of the capital goods company at the end of 2018Q3, valued at $4.43M, up from 1,386 at the end of the previous reported quarter.

Fis Group Inc. Has $1 Million Holding in BAE Systems plc (BAESF) – BharataPress

Fis Group Inc. decreased its holdings in shares of BAE Systems plc (OTCMKTS:BAESF) by 30.0% in the 4th quarter, reports. The institutional investor owned 171,617 shares of the company’s stock after selling 73,508 shares during the period. Fis Group Inc.’s holdings in BAE Systems were worth $1,001,000 at the end of the most recent quarter.

$2.27 EPS Expected for CACI International Inc (CACI)

Investors sentiment decreased to 1.02 in Q3 2018. Its down 0.23, from 1.25 in 2018Q2. It turned negative, as 15 investors sold CACI International Inc shares while 108 reduced holdings. 45 funds opened positions while 80 raised stakes. 21.36 million shares or 0.07% less from 21.37 million shares in 2018Q2 were reported.Cortina Asset Management Limited Liability Corp reported 38,236 shares.

First National Trust Co Sells 2,633 Shares of PPG Industries, Inc. (PPG)

First National Trust Co reduced its holdings in PPG Industries, Inc. (NYSE:PPG) by 15.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,960 shares of the specialty chemicals company’s stock after selling 2,633 shares during the period. First National Trust Co’s holdings in PPG Industries were worth $1…

Lawyers hope for amendments to environmental assessment bill

The federal government’s bill to reform the environmental assessment process, Bill C-69, has reached the committee stage in the Senate, with a number of senators publicly commenting that they would like to see amendments made to the bill in the face of certain industries objecting to it. Environmental lawyers in Ontario…

Aban Offshore Limited (ABAN) Plunges -1.87% on Jan 29

Shares of Aban Offshore Limited (NSE:ABAN) last traded at 65.55, representing a move of -1.87%, or -1.25 per share, on volume of 327,394 shares. After opening the trading day at 66.5, shares of Aban Offshore Limited traded in a close range. Aban Offshore Limited currently has a total float of 58.25 million shares and on average sees 456,281 shares exchange hands each day.
Wind Energy Equipment Logistic

Wind Energy Equipment Logistic Market to 2025:A.P. Moller-Maersk, DB Schenker ,Deutsche Post DHL Gro

Global Wind Energy Equipment Logistic market research is an in depth study providing colete analysis of the industry for the period 20192025. To begin with the Wind Energy Equipment Logistic Market report which covers market characteristics, industry structure and commutative landscape, the problems, desire concepts, along…

Norwegian Electric Systems selects Corvus Energy storage system for five new Fjord1 ferries

Corvus Energy is pleased to announce that the company has been selected by Norwegian Electric Systems (NES) to supply lithium ion battery-based energy storage systems (ESS) for five new all-electric ferries being built by Havyard for Norwegian ferry operator Fjord1.Fjord1 continues to forge a very progressive path towards…

Trump pledges to make it easier for seasonal farmworkers to enter U.S.

Jan. 14 (UPI) -- President Donald Trump said he will allow seasonal farmworkers to easily enter the country at the American Farm Bureau Federation's 100th annual convention in New Orleans.Trump promised to pursue changes in immigration laws that will "actually make it easier for them to help the farmers because you need these people," while also referring to current U.S.

3 Top Defense Stocks to Watch Now

So far, 2019 has been an excellent year for defense stocks. Since January 1, many stocks in the sector have already delivered double-digit gains, and if we go back another week to the market bottom on Christmas Eve 2018, a handful have already gained 20% -- or close to it -- in returns.Three defense stocks that investors…

Analysts Set Chubb Ltd (CB) Target Price at $155.78

Shares of Chubb Ltd (NYSE:CB) have been assigned an average rating of “Hold” from the fourteen research firms that are presently covering the stock, reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating on the company.

Gulf Marine Services Plc (GMS.L)’s Quarterly Performance of -60.28% Is Nothing to Write Home About

Gulf Marine Services Plc (GMS.L) have moved lower over the course of the past few months revealing negative downward momentum for the shares as they have dipped -60.28 over the past 13 weeks. In taking a look at more recent performance, we can see that shares have moved 6.76% over the past week, 72.86% over the past 4-weeks, -56.05% over the past half year and -62.96% over the past full year.