Energy & Oil Prices

Billionaire Lang Walker Spent $100 Million Building This Resort in Fiji

Lang Walker made his estimated $2.3 billion fortune by developing some of Sydney’s most iconic sites, Finger Wharf and King Street Wharf. But one of the only things those projects share with his latest endeavor, a private island resort in Fiji, is a nine-figure price tag.“This is the only project I’ve ever really fallen in love with,” said Walker, 72.

Alaska Communications Systems Group (ALSK) & Telefonica Brasil (VIV) Financial Review

Alaska Communications Systems Group (NASDAQ: ALSK) and Telefonica Brasil (NYSE:VIV) are both utilities companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, risk, analyst recommendations, profitability, dividends, valuation and earnings.

Manned Underwater Vehicle Market Competition, Status and Forecast, Market Size by Players, Regions,

Manned Underwater Vehicle Market report analyses the prospects in the market for several shareholders and aspirants by identifying the high-growth segments, main actions approved by them and Manned Underwater Vehicle market recent progressions. The Manned Underwater Vehicle market report is prepared after fundamental levels…

Hapag-Lloyd sees calmer waters for shipping industry

HAMBURG (Reuters) - Demand for shipping is growing and could outpace the supply of new vessels next year, helping to boost profits at Hapag-Lloyd (HLAG.DE) as it also reaps the benefits of a recent merger, the German company said on Wednesday. FILE PHOTO: A Hapag Lloyd container ship is loaded at the shipping terminal Altenwerder in Hamburg harbour, Germany August 15, 2016.
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Inside The World's First Cruise Aimed At Millennials

What comes to mind when you think of river cruising? A chintzy floating B&B where couples and retirees fill their plates with below-par food at the buffet and get herded like sheep around the same old, over-visited tourist spots? Hmm, that may have been the case way back when. Now, swap that stereotype for Ibiza-inspired rooftop decks…

Global Emergency Response & Rescue Vessels (ERRV) Industry Analy

Global Emergency Response & Rescue Vessels (ERRV) Market Research Report 2018 contains historic data that spans 2013 to 2017, and then continues to forecast to 2025. That makes this report so invaluable, resources, for the leaders as well as the new entrants in the IndustryPune, India – March 27, 2018 /MarketersMedia/…

Oil steady, pulls back from $71/bbl on dollar strength

NEW YORK (Reuters) - Oil prices were little changed on Tuesday, with Brent futures retreating after hitting $71 a barrel, as the dollar recovered from earlier losses and as the market continues to stagnate after strong gains last week. FILE PHOTO: A general view of the Centenario deep-water oil platform in the Gulf of Mexico off the coast of Veracruz, Mexico January 17, 2014.

Navios Meltdown: Fully Predictable - Navios Maritime Midstream Partners LP (NYSE:NAP)

Navios Maritime Midstream Partners (NAP) lost 38% during Monday's (26 March) trading and is down a further 2% after hours as this report was submitted.Source: Seeking Alpha, Quote PageThis Disaster Was Fully PredictableWhen I was working on a national-level Distracted Driving Task Force in my collegiate days, one of the…

Netflix Series on Corruption Scandal Angers Brazil's Former President

The director, she said, "doesn't merely reproduce fake news. He has turned himself into a creator of fake news."Padilha could not immediately be reached for comment, and Netflix did not respond to requests for comment. Padilha told Reuters this month that he hoped to remind viewers that rampant corruption in Brazil was…

Inland sector not waiting on Trump infrastructure improvements

There’s been a lot of attention paid lately to President-elect Donald Trump’s promise to rebuild America’s ailing infrastructure. With wide support among Republicans and Democrats, many observers believe Trump might well be able to deliver on the pledge once in office.The difficult part will be finding common ground on how to fund improvements, as the price tag could hit a trillion dollars.

Best Undervalued Energy Stocks To Buy Now

Energy stocks, such as VOC Energy Trust, trading at a market price below their true values are considered to be undervalued. Investors can determine how much a company is worth based on how much money they are expected to make in the future, or compared to the value of their peers. The list Ive put together below are of stocks that compare favourably on all criteria…

Shell Names Former Maersk Oil CEO Watkins As Next US Boss  | Rigzone

|Tuesday, March 27, 2018TweetLONDON, March 27 (Reuters) - Royal Dutch Shell's U.S. boss, Bruce Culpepper, will step down at the end of the year and be replaced by former Maersk Oil Chief Executive Gretchen Watkins, the company said in a statement on Tuesday.Shell's head of unconventionals, Greg Guidry, who oversees the Anglo-Dutch company's shale production in North America and Argentina…

Losing Streak Likely To End For Singapore Stock Market

The Singapore stock market has moved lower in four straight sessions, sliding more than 100 points or 2.9 percent along the way. The Straits Times index now rests just above the 3,410-point plateau although it figures to find traction on Tuesday.The global forecast for the Asian markets is upbeat, with bargain hunting expected…

Japan's E-2D program to receive training, support from Northrop Grumman

March 26 (UPI) -- Northrop Grumman was awarded a contract from the U.S. Navy for the E-2D Advanced Hawkeye weapon.The deal, announced Friday by the Department of Defense, is valued at more than $13.8 million under the terms of a firm-fixed-price contract.The agreement enables North Grumman to provide, "program and engineering support for E-2D Advanced Hawkeye weapon system trainer development…

Boeing's Reputation Taking a Hit Because of Troubled Tanker Program

Lou Whiteman, The Motley Fool,Air Force Secretary Heather Wilson recently lashed out at Boeing (NYSE: BA), asserting that the aerospace giant is overly focused on its commercial cash cow to the detriment of defense projects, including the long-awaited KC-46 refueling tanker."One of our frustrations with Boeing is they're…

Honolulu's fish auction and market

Fishermen unload their catch of massive fish from the ship's hold in preparation for sale at the Honolulu Fish Auction.1/34The fishermen from 140 fishing vessels participate in the auction. They arrive at Pier 38 in Honolulu Harbor early and unload through the night.2/34Fish such as this tuna from the Lady Pauline are labeled…

Huntington Ingalls' Goal to Build Carriers Two at a Time May Be Closer to Reality | Business Markets

Shipbuilding specialist Huntington Ingalls(NYSE: HII) for years has advocated ordering new warships in groups as a way to bring down costs for the Pentagon while making the company's operations more efficient. It appears those arguments are finally gaining traction in Washington.The U.S. Navy has asked Huntington Ingalls for detailed pricing on the cost of two aircraft carriers…

Head to Head Survey: Alaska Communications Systems Group (ALSK) vs. TELE2 (TLTZY)

Alaska Communications Systems Group (NASDAQ: ALSK) and TELE2 (OTCMKTS:TLTZY) are both utilities companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, institutional ownership, earnings, risk, valuation, dividends and analyst recommendations. DividendsTELE2…

Week in review: Unemployment rate falls to 2.9%; state will probe jobless claims system

LABORUnemployment rate dips below 3 percentFor the first time in 40 years, Maine’s unemployment rate has dropped below 3 percent a sign of an improving economy but also a reminder that the aging state has challenges in finding qualified people to fill vacancies. February’s rate of 2.9 percent was a slight decrease from the previous month and the lowest it has been since 1976…

Safe Bulkers (SB) Stock Price Down 5.3%

Safe Bulkers, Inc. (NYSE:SB)’s share price dropped 5.3% on Friday . The stock traded as low as $3.24 and last traded at $3.24. Approximately 557,150 shares changed hands during mid-day trading, an increase of 5% from the average daily volume of 533,120 shares. The stock had previously closed at $3.42.Several equities analysts have recently commented on SB shares.