Ennore Port is likely to approach the ministry of shipping for its approval for an Initial Public Offering (IPO) by the end of this month in a move to raise funds for business expansion. The decision was taken at an Ennore Port board meeting last month. The Ennore Port is the only corporatized major
The Bay State’s hard-pressed businesses, cash-strapped schools and expensive hospitals will get whacked especially hard by Cape Wind’s high… (tradingmarkets) [mappress] Source: tradingmarkets,October 05, 2010;
Chevron Corporation announced today that it would begin purchases of its common stock in the fourth quarter 2010 under an ongoing share repurchase program approved by the Board of Directors and communicated previously. Chief Financial Officer Pat Yarrington commented, “Our sole focus in deploying ca
The sheer speed at which the enormous dredging vessel Queen of the Netherlands has been reclaiming land at various islands has left some … By Azra Naseem (minivannews) [mappress] Source: minivannews, October 5, 2010;
The government is going to allow export of sand and soil from Bangladesh. “Sand Quarry and Soil Management Bill-2010”, which will open the… (bdnews24) [mappress] Source: bdnews24, October 5, 2010;
Engineering and construction company Clough Limited today announced that the BAM Clough Joint Venture has received an additional Letter of Intent from Chiyoda JGC Joint Venture for the fabrication and construction of the topsides for the PNG LNG condensate offloading jetty. The second contract is va
The West Division of Hallin Marine Subsea International Ltd has taken delivery of the purpose built subsea operations vessel, The Ullswater, and immediately won its first saturation diving contract. The West Division of Hallin, a Superior Energy Services company, has previously been involved solely
The expanded Panama Canal will be a game changer for container trade when it opens in August 2014. America’s trade with East Asia is expected to undergo an increased shift from Pacific ports to Atlantic ports. As the closest U.S. port to the Panama Canal, the Port of Miami expects to be the first po
HE Qatar”s Deputy Prime Minister and Minister of Energy and Industry Abdullah bin Hamad Al Attiyah opened on Monday the representative offi… (Qatar News Agency) [mappress] Source: Qatar News Agency, October 5, 2010;
Global Industries, Ltd. announced today that its wholly owned subsidiary, Global Offshore International, Ltd., has been awarded a contract from Dubai Petroleum Establishment (DPE) to perform the Al Jalilah Platform and Pipelines EPC project. The project, which should be completed in the first half o
EnCore Oil plc announces initial results of the second side-track on UK Northern North Sea Block 210/29a which contains the Cladhan discovery. Well 210/29a-4Y, the second side-track to be drilled on the Cladhan discovery, was drilled to a total measured depth of 11,530 feet, approximately 1km to the
The South Hook terminal in Wales has lined up its third early October cargo, with the 266,000m³ Aamira expected to arrive on 7 October… (argusmedia) [mappress] Source: argusmedia, October 4, 2010;
The Federal Member for Eden-Monaro, Mike Kelly, says new legislation will improve the management of fisheries on the New South Wales far south coast. In his new role as the Parliamentary Secretary for Fisheries, Doctor Kelly introduced the Fisheries Legislation Amendment Bill into Parliament last we
A function was held in New Delhi by Shipping Corporation of India to mark the establishment of the India’s first public sector undertaking in shipping, SCI on this day 50 years ago. Founded on October 2nd 1961 SCI has earned an international reputation as one of the top performers, providing its num
