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US destroyer armed with missiles enters S. China Sea in challenge to Beijing’s territorial claims

3 hours ago DieselGasoil Comments Off on US destroyer armed with missiles enters S. China Sea in challenge to Beijing’s territorial claims
A US Navy Arleigh Burke-class destroyer sailed next to a disputed shoal in the South China Sea, ignoring repeated warnings from Beijing to stay clear of the region amid rising tensions between the two economic superpowers. On Sunday, the USS Preble (DDG-88), armed with Tomahawk missiles, sailed along the Scarborough Shoal in the South China Read More

If Tehran wants to fight, that’ll be the official end of Iran, Trump warns

13 hours ago DieselGasoil Comments Off on If Tehran wants to fight, that’ll be the official end of Iran, Trump warns
US President Donald Trump has threatened Tehran that it would “the official end” if it fights in a tweet as Washington builds up its military presence close to Iran. It’s unclear what triggered the US leader as all the Iranian officials were saying in recent days is that they want to avoid a military confrontation Read More

Arab nations begin ‘enhanced security patrols’ in Persian Gulf – US Fifth Fleet

18 hours ago DieselGasoil Comments Off on Arab nations begin ‘enhanced security patrols’ in Persian Gulf – US Fifth Fleet
The US and its allies began enhanced maritime security patrols in the international waters of the Persian Gulf in close cooperation with the US Fifth Fleet on Saturday, amid Washington’s tensions with Iran. The Countries of the Gulf Cooperation Council (GCC) were“specifically increasing communication and coordination with each other in support of regional naval cooperation Read More

Indian Navy test fires medium range air defense missile, boasts ‘enhanced combat effectiveness’

2 days ago DieselGasoil Comments Off on Indian Navy test fires medium range air defense missile, boasts ‘enhanced combat effectiveness’
The Indian Navy has successfully tested a Medium Range Surface-to-Air Missile (MRSAM) developed by the national military research agency in cooperation with Israel Aerospace Industries. “The firing was undertaken on the Western Seaboard by Indian Naval Ships Kochi and Chennai, wherein the missiles of both ships were controlled by one ship to intercept different aerial Read More

Iran’s short-range missile can reach US fleet in Gulf – Revolutionary Guards deputy commander

3 days ago DieselGasoil Comments Off on Iran’s short-range missile can reach US fleet in Gulf – Revolutionary Guards deputy commander
Published time: 17 May, 2019 10:14 Edited time: 17 May, 2019 10:22 The deputy commander of Iran’s Revolutionary Guards has said that the US fleet in the Gulf is already within striking distance of his country’s short range missiles, adding that the US could not sustain a new war in the region. It marks the Read More

Airlines face scramble to restore 737 MAX flights once regulators approve fix

3 days ago DieselGasoil Comments Off on Airlines face scramble to restore 737 MAX flights once regulators approve fix
SEATTLE (Reuters) – Once global regulators clear Boeing Co’s 737 MAX to fly again after deadly crashes, airlines which have put their fleets into mechanical hibernation since March will scramble to begin the biggest ungrounding effort in history. FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Read More

GasLog Ltd. Announces the Closing of its Public Offering of 8.875% Senior Notes Due 2022 At a Price of 102.5% of Par

4 days ago DieselGasoil Comments Off on GasLog Ltd. Announces the Closing of its Public Offering of 8.875% Senior Notes Due 2022 At a Price of 102.5% of Par
Monaco, May 16, 2019 (GLOBE NEWSWIRE) — GasLog Ltd. (“GasLog” or the “Company”) (NYSE:GLOG), an international owner, operator and manager of liquefied natural gas (“LNG”) carriers, announced today the closing of its public offering of an additional $75.0 million aggregate principal amount of its 8.875% Senior Notes due 2022 (the “Notes”). The Notes were an Read More

Austrian prosecutors see little basis for case against Airbus: report

4 days ago DieselGasoil Comments Off on Austrian prosecutors see little basis for case against Airbus: report
VIENNA (Reuters) – Austrian prosecutors believe there is little basis for their fraud investigation into the Eurofighter consortium’s $2 billion deal in 2003 to sell jets to the Austrian government, two media reported on Thursday, citing an internal report. FILE PHOTO: The Airbus logo is pictured at Airbus headquarters in Blagnac near Toulouse, France, March Read More

BW Offshore: Invitation to Q1 2019 Presentation 23 May

4 days ago DieselGasoil Comments Off on BW Offshore: Invitation to Q1 2019 Presentation 23 May
BW Offshore will release its Q1 2019 results on Thursday 23 May at 07:30 (CEST). The company will host a presentation of the financial results 09:00 (CEST) the same day at Hotel Continental in Oslo, Norway. The presentation will be given by CEO Carl K. Arnet and CFO Knut R. Sæthre. The presentation, earnings tables Read More

FRO – First Quarter 2019 Results

4 days ago DieselGasoil Comments Off on FRO – First Quarter 2019 Results
Frontline Ltd. (the “Company” or “Frontline”), today reported unaudited results for the three months ended March 31, 2019: Highlights Net income attributable to the Company was $40.0 million, or $0.24 per share, for the first quarter of 2019. Net income attributable to the Company was $45.5 million, or $0.27 per share adjusted for certain non-cash items Read More