Samsung Heavy Industries Co., South Korea’s third-largest shipbuilder, said it has won orders worth a combined $630m for five oil tankers and an offshore. Under the deal with a Norwegian customer, Samsung Heavy will deliver the oil tankers by 2013. Another deal with a U.S. customer calls for the shi
Hunan-based Sunbird Yacht, which designs and manufactures recreational vessels, today launched an IPO of 22m shares in order to raise 159m yuan. A total of 4.4m shares will be issued offline and 17.6m shares online. The company last year reported net sales of 181m yuan, with a net income of 28.03m y
Sunday evening, 12 September, the trailing suction hopper dredger Amerigo Vespucci of Jan De Nul Group was attacked by an armed gang. Despite actions of the captain, two crew members were kidnapped by the attackers. It concerns a Filipino and a Croatian. The origin of the armed men is unknown.
Danish company U-Sea Bulk shipping (previously known as Eitzen Bulk Shipping) reported a net profit of US$3.1 million for the first half of 2010, despite a deficit of US$2.0 million for the second quarter. Group EBITDA was US$3.3 million in the first half year 2010 as the first half year was extraor
After modifying the plan to dredge the Cocheco River, the Army Corps of Engineers announced it is moving forward with a contract to fund the… By Jennifer Keefe (fosters) [mappress] Source: fosters, September 14, 2010;
A small oil spill has been noticed off the coast of Yanam (Puducherry) close to East Godavari district of Andhra Pradesh. By NDTV [mappress]Source: ndtv,September 14, 2010,
ERCA’s eight-kilometre setback for proposed offshore wind turbines in Lake St. Clair and the Great Lakes, as opposed to the provincial… Steven Bezaire (windsorstar) [mappress] Source: windsorstar, September 14, 2010;
Concerns regarding potentially high levels of asbestos in Sumas River sediment has made the annual river dredging a more complicated … By Kevin Mills (bclocalnews) [mappress] Source: bclocalnews, September 14, 2010;
Since the last update approval to suspend the well has been obtained from the Tunisian designated authorities, the well bore has been successfully isolated with 5 cement plugs as well a retrievable bridge plug and a surface corrosion cap installed. The blow out preventers and the subsea riser have b
RenewableUK, the country’s leading renewable energy trade association launched a national campaign today to highlight the importance of… (oilpubs) [mappress] Source: oilpubs, September 14, 2010;
Technip announces that its wholly-owned subsidiary Duco Ltd. has been awarded by Shell Upstream Europe a seven year Framework Agreement Contract for the supply of umbilicals(1). The contract covers engineering, procurement, project management and associated services for the fabrication and loadout o
The Ministry of Transportation and Communication of Ukraine plans to attract private investors for major projects in the Illichivsk and … (day) [mappress] Source: day, September 14, 2010;
Iberdrola the Spanish owner of ScottishPower, is to plough £3 billion into renewable energy projects in Scotland over the next three years… By Jane Bradley (thescotsman) [mappress] Source: thescotsman, September 14, 2010;
Leading renewable energy consultancy, Natural Power, is to merge their US and Canadian operations to provide seamless service offerings to clients active across North America’s national boundaries. Natural Power’s new North American hub will be a center of excellence for consultancy services and pro
