Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘January 24th, 2015’

Jewish Groups Outraged At Launching Of World’s Largest Crane Ship Named After SS Officer

Screen Shot 2015-01-24 at 22.32.06

Article by Tibi Singer published Saturday 24 Jan 2015

The Swiss-based Allseas Group’s new ship, Pieter Schelte, is 1,146 feet long and 372 feet wide. Built by Daewoo Heavy Industries in South Korea, at a reported cost of $2.85 billion, it is capable of lifting loads of 48,000 tons. It is the world’s largest offshore pipelay and platform installation vessel, equipped with a Sonardyne Ranger 2 USBL acoustic positioning system. It’s also named after a Nazi.

Allseas is owned by Edward Heerema, a Dutchman, who is the son of Pieter Schelte Heerema, an officer in the Waffen-SS. And Edward insisted on naming his prized ship after his dad. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Jewish leaders outraged over ship named after Nazi war criminal

Screen Shot 2015-01-24 at 22.00.55

The Pieter Schelte, named after a Nazi war criminal, arrived at the port of Rotterdam. Photo by FaceMePLS/CC

Screen Shot 2015-01-24 at 22.05.11UPI ARTICLE BY AMY R. CONNOLLY PUBLISHED 24 JAN 2015

ROTTERDAM, Netherlands, Jan. 24 (UPI) — Jewish leaders in Britain and the Netherlands are outraged that a massive ship bearing the name of a Dutch Nazi war criminal arrived in Rotterdam to work in the European offshore oil industry.

The Pieter Schelte, called the world’s biggest vessel, arrived in port as Jewish organizations asked the ship’s owners to change the name. Jewish leaders said the recent terrorist attack at a Paris kosher deli that left four dead and the 70th anniversary of the liberation of Auschwitz is making the decision to name the ship after the war criminal all the more difficult to understand. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

World’s biggest ship named after Nazi

Screen Shot 2015-01-24 at 21.50.12THE JEWISH CHRONICLE

Article by Toby Axelrod, January 22, 2015

Follow The JC on Twitter

Should the world’s largest ship be named after a convicted Nazi war criminal? No, says retired British businessman John Donovan – and he’s not sitting idly by.

The Colchester resident has launched an online petition asking shipping magnate Edward Heerema of the Allseas Group SA to change the name of its giant new vessel, the Pieter Schelte.

Schelte was Mr Heereema’s father, a renowned maritime engineer but also an avowed antisemite who joined the Waffen SS. He eventually became an informant for the Dutch resistance in 1943. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Who Will Rule the Oil Market?

Screen Shot 2015-01-13 at 09.23.28OPINION ARTICLE BY DANIEL YERGIN PUBLISHED IN PRINT BY THE NEW YORK TIMES ON SATURDAY 25 JAN 2015

WASHINGTON — A HISTORIC change of roles is at the heart of the clamor and turmoil over the collapse of oil prices, which have plummeted by 50 percent since September. For decades, Saudi Arabia, backed by the Persian Gulf emirates, was described as the “swing producer.” With its immense production capacity, it could raise or lower its output to help the global market adjust to shortages or surpluses.

But on Nov. 27, at the OPEC meeting in Vienna, Saudi Arabia effectively resigned from that role and OPEC handed over all responsibility for oil prices to the market, which the Saudi oil minister, Ali Al-Naimi, predicted would “stabilize itself eventually.” OPEC’s decision was hardly unanimous. Venezuela and Iran, their economies in deep trouble, lobbied hard for production cutbacks, to no avail. Afterward, Iran accused Saudi Arabia of waging an “oil war” and being part of a “plot” against it. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Can BP and Royal Dutch Shell weather the storm?

Screen Shot 2015-01-12 at 08.45.23From an article by Kyle Caldwell published by The Telegraph on 23 Jan 2015 under the headline:

“Oil shares yield 6pc, but are the dividends safe?”

Since June the price of Brent Crude has fallen from $116 a barrel to just below $50 last week. The plunge means these companies will generate far lower revenues and, with their costs still high, will see their profits fall.

Some investors have already lost faith as shares have fallen sharply. But those buying in today could be tempted by the yield on all of these shares rising because the price has fallen. At around the 6pc yield mark, Royal Dutch Shell and BP at a glance look attractive.

Some of Britain’s fund managers, however, have ruled out buying. Steve Davies, who manages the Jupiter UK Growth fund, said: “Unless you think the oil price will recover from here these shares are not a buy. I think the heavyweights – BP and Royal Dutch Shell – can weather the storm and pay dividends, through debt if needs be, but they will not be able to continue doing this next year or in two years’ time unless the oil price recovers.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Oil majors to preserve dividends despite oil collapse, tap debt

Screen Shot 2015-01-12 at 08.45.23REUTERS ARTICLE PUBLISHED 23 Jan 2015

(Reuters) – Europe’s oil majors will strike a sober note in their fourth-quarter results and investors will focus on companies’ plans to maintain cherished dividends and their strategies to cope with the oil prices collapse that caught many unawares.

Having sold around $120 billion in assets in recent years to boost balance sheets and keep up dividend payouts, companies are expected to increase borrowing and further cut costs as they come to terms with oil prices that have more than halved since June to around $50 a barrel. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
%d bloggers like this: