The Board of Directors of DONG Energy A/S has today approved the interim financial report for the first half of 2010, which developed as follows compared with the first-half 2009 results: Revenue was down DKK 1,088 million at DKK 27,691 million, reflecting lower gas selling prices, while the high po
The Board of Directors of DONG Energy A/S has today approved the interim financial report for the first half of 2010, which developed as follows compared with the first-half 2009 results: Revenue was down DKK 1,088 million at DKK 27,691 million, reflecting lower gas selling prices, while the high po
The biggest supplier of liquefied natural gas to the world’s top importer of the product has recently been overtaken by competitors after mo… (nikkei) [mappress] Source: nikkei, August 19, 2010;
Two new parliamentary reports are urging the government to take a closer look at threats to Canada’s shorelines and its water from the … By Mike De Souza(canada) [mappress] Source: canada, August 19, 2010;
Hubei province in China will invest $5.9bn in the construction of port infrastructure as part of its five-year plan. The project includes the modernisation of Wuhan New Port as a hub in the middle reaches of the Yangtze River. The plan also includes the construction of facilities along the Han River
Dubai Deutsche Bank AG London Branch (DB) and Standard Chartered Bank (SCB), along with Abu Dhabi Commercial Bank ADCB, DBS Bank Ltd (DBS), Mubadala GE Capital PJSC (MGE) and Al Khalij Commercial Bank (Al Khaliji) QSC, have successfully arranged a $185 million (Dh679) credit facility for Abraaj Capi
Brazilian shipbuilding start-up OSX OSXP3.SA has obtained $420 million in financing to buy its first oil production platform from a foreign supplier, an OSX director said in an interview on Wednesday. OSX, which is owned by Brazilian billionaire magnate Eike Batista, launched an initial public offer
The Corps of Engineers Memphis District Ensley Engineer Yard (EEY), in partnership with the Corps of Engineers Marine Design Center (MDC) in Philadelphia, Pa., completed the lengthening of the Dredge Hurley by 48-feet. The project increased the dredge’s length from 305 to 353 feet, making it one of
Global port operator DP World says its profit rose 17 percent in the first half of the year as it saw signs that trade levels were picking up. The cargo company reported first-half earnings of $219.2 million, up from $187.7 million during the same period a year earlier.
Cruise Industry News has learned that Pullmantur has temporarily suspended Pacific Dream voyages due to engine problems on the ship while it was in Malaga earlier this week. Various news agencies are reporting that the August 22 sailing from Malaga has also been cancelled, with passengers offered va
The Jensen Maritime-designed river push boat, the M/V Stephenson II, has been delivered to the U.S. Army Corps of Engineers for use in Gascondale, MO, in the Corps’ Kansas City district. Jensen performed the functional design and production lofting of the ABS Classed, 58-ft, 770-horsepower boat, whi
Venezuela plans to continue shipping fuel to Iran despite the threat of U.S. sanctions. David Velasquez is Venezuela’s ambassador to Tehran. He says President Hugo Chavez’s government won’t be bullied into halting its gasoline shipments to Iran, one of Venezuela’s closest allies in the Middle East s
The State Cabinet has approved the proposal to set up Karnataka Maritime Board (KMB) for the overall development of the ports in the state, according to Fisheries and in-charge Minister of Dakshina Kannada Krishna J Palemar. Talking to mediapersons here today, Mr Palemar said the proposal would be s
The Australian Coalition has unveiled its policy for commercial and recreational fishing sectors ahead of the federal election on August 21, with measures to give greater representation to the fishing sector, increased investment in promoting a sustainable seafood industry, provide more funding for
