San Diego’s new cruise ship terminal is open for business. The Holland America Rotterdam docked at the Port Pavilion Wednesday, capping a 30-day cruise to the French Polynesia and Hawaiian islands. A sour economy forced the San Diego Unified Port District to scale back from more ambitious expansion
STX Finland and Viking Line have signed a preliminary agreement for the construction of a new generation cruise ferry for Viking Line. The ship price will be about EUR240 million (US$314 million), and it will be built at STX Europe shipyard in Turku for delivery in the beginning of 2013.
The Philippines’ government has recommended the declaration of a “special management area” along the tuna fishing areas in the Pacific Ocean. However, it has strongly objected to proposals that extend the closure of the critical portions of the high seas to fishing operations beyond 2011.
Hamburg Port Authority (HPA) is to change the way it charges vessel operators from next summer. HPA said prices would partially be calculated on the number of containers loaded and unloaded on a vessel and partially on the current system, which is based on vessel size.
The fully owned subsidiary of A.P. Møller – Mærsk A/S, Mærsk Olie og Gas A/S (“Maersk Oil”), has agreed with SK Energy Co., Ltd. to acquire SK do Brasil Ltda. for USD 2.4 billion on a cash and debt-free basis. The acquisition is subject to customary conditions, including governmental approval and wi
Tony O’Reilly, Chief Executive of Providence Resources P.l.c., commenting on activity during 2010 and the future plans for 2011, said: “2010 has seen a huge amount of activity at Providence. We have assembled a balanced portfolio of drillable prospects while also ensuring that we have the appropriat
Jeppesen has donated a classroom supply of its C-MAP OceanView office chart and route planning systems to the Merchant Marine Academy of Makedonia (AEN Makedonias) in Greece. The academy is one of Greece’s leading institutions for the training of deck officers, and trains more than 100 officers year
In 2010 TID and Guangzhou Dredging Company have initiated the joint development of a competence management programme for cutter operators. With the use of this programme individual competences of cutter operators can be rated. This enables the HR department to identify training needs, measure the ef
Repsol has agreed to sell 3.3% of YPF’s share capital to Eton Park and Capital investment funds for $500 million. The $39/share deal is in line with the most significant sales carried out during the last few weeks with YPF stock. Eton Park has acquired a 1.63% stake in YPF, for $250 million. Similar
Talisman Energy Norge AS (TENAS) has been granted consent to drill three sidetrack wells on Varg A using the mobile drilling facility Mærsk Guardian. The Varg field is located in the southern North Sea, about 230 kilometres west of Jæren, and is part of production licence 038. The field has been in
FLEX LNG Announced that the company is in discussions with SHI to restructure the commercial relationship between the two companies. FLEX LNG and SHI have in December 2010 completed initial discussions to agree upon a process with a target to sign binding amended terms to the commercial relationship
Marathon Petroleum Norge AS has been granted consent to carry out exploration drilling for well 25/10-11 The well will be drilled in production licence 505 in the North Sea, about 40 km south of the Heimdal field and about 180 km west of Haugesund. The well has the coordinates N 59° 12′ 48.059”, E 0
Repsol has agreed to sell 3.3% of YPF’s share capital to Eton Park and Capital investment funds for $500 million. The $39/share deal is in line with the most significant sales carried out during the last few weeks with YPF stock. Eton Park has acquired a 1.63% stake in YPF, for $250 million. Similar
Mammoet Salvage, part of Mammoet, the worldwide leader in heavy lifting and transport, recently received the official order for the salvage of 70 shipwrecks in Nouadhibou Bay, Mauretania. The European Union has made 28,8 million euros available for removing the wrecks. The salvage operation will sta
