Chariot Oil & Gas Limited announced that it has appointed RBC Capital Markets as Joint Broker with immediate effect. Chariot Oil & Gas Limited is an independent oil and gas exploration group. The Group currently holds licences covering eight blocks in Namibia, all of which are offshore. All of these
The Port of Melbourne has completed its dredging project nearly a quarter of a billion Australian dollars under budget. Victorian premier John Brumby announced the Port Phillip Bay channel deepening project was done A$248m (US$222m) below the estimated target cost, which includes environmental monit
Maersk in the UK North Sea has a new new managing director who has promised to build a long term business in the sector. Martin Rune Pedersen, 38, has been appointed to take over the managing director role following the retirement of his predecessor, Tom Van Leenen.
Exceptional presentation of CMC Marine at the next Genoa Boat Show 2010. The company based in Como in fact, in addition to presenting the complete range of their products, will exhibit as world premiere the Stabilis Electra 16BR, the new model of electric actuator fin stabilizer. The 16BR joins the
National Marine Dredging Co., the United Arab Emirates-based company that deepens waterways, is pursuing opportunities abroad to fuel growth amid increasing competition at home, its chief financial officer said. “We are focusing outside Abu Dhabi in Qatar” where the company is in “advanced stages of
Aker Philadelphia Shipyard (Oslo: AKPS), a U.S. commercial shipyard, delivered to American Shipping Company (Oslo: AMSC) its tenth Veteran Class MT-46 product tanker. The 46,000 dwt vessel, named the Overseas Anacortes, will leave the shipyard in the coming days under the operation of OSG America to
Cunard Line is pleased to announce that Her Majesty The Queen will name the company’s new Queen Elizabeth, the third Cunard ship to bear the name, at a ceremony to take place in Southampton, England on Monday, 11 October 2010. The naming will be a milestone in British maritime history and will be a
Shell and partner ExxonMobil have put up for sale a stake in the UK Southern North Sea Corvette field as possible gas storage site. ExxonMobil has signalled that it and Shell are offering to sell their entire interest in the Corvette area with licences P007 and P016 covering blocks 49/24a and 49/23a
STX Europe reported an EBITDA of NOK 205 million for the second quarter of 2010 which is an increase from NOK 75 million in the second quarter 2009. The Offshore & Specialized Vessels business area had a record EBITDA in the second quarter of NOK 298 million and the Cruise & Ferries business area ha
Cargotec has signed a contract to deliver MacGregor hatch covers for six 48,700 dwt open-hatch cargo ships ordered by Norwegian shipowner Grieg Shipping. The ships will be built at Hyundai Mipo Dockyard in South Korea. The order is booked into the third quarter 2010 order intake. Hatch covers will b
French container shipping giant CMA CGM has recorded a 1.2 million TEU increase in the second half of 2010 compared to last year, and revenues of US$6.77 billion, up 41 percent over the first half of 2009. The good results follow news in early 2010 of capital injections and restructuring as a result
Power generated by wind turbines has met the demand for electricity in the north and north east of Scotland for the first time.The Press and… by Emily Thomas (energysavingtrust) [mappress] Source: energysavingtrust, September 02, 2010;
Ports in Swansea and Port Talbot are well placed to benefit from a new wave of offshore wind farms. Earlier this year, leading renewable… (thisissouthwales) [mappress] Source: thisissouthwales, September 02, 2010;
The Board of Directors of Kencana Petroleum Berhad (“Kencana Petroleum” or “the Company”)announced that its wholly-owned subsidiary, Kencana HL Sdn. Bhd. (“Kencana HL”) has been awarded with two Hook-up & Commissioning work orders from production sharing companies (“the Contracts”). Under the Contra
