AJOT Digital Edition
Issue #589

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New York Ports

NVOCC and Freight Forwarder Review

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2014 Media Kit

Discovery

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BHP Billiton to cut capital spending in its petroleum division

George Lauriat | September 26, 2014 | Energy | Discovery | International Trade | Ports & Terminals | Ports | Wet Bulk Port | Dry Bulk Port

BHP Billiton, the Australian mining and oil giant, will cut capital spending in its petroleum division by $279 million in 2015, the company announced in its annual report. The trend follows that of other major oil and gas companies. Major producers including Shell, Chevron and Total have all announced plans this year plans to pull back on capital expenditures. Read More »

Wärtsilä awarded another design contract for arctic operations

AJOT | August 11, 2014 | Energy | Maritime | Discovery

A second confirmed design contract for Wärtsilä’s new series of arctic platform supply vessels has been signed. This latest order is for a multi-purpose platform supply vessel (MPSV) being built by Tersan Shipyard in Turkey on behalf of U.S.- based Tidewater Inc Read More »

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