Residents of and frequent visitors to the local river system will soon have better access to backwater areas long difficult to navigate … By Jason Cannon (demopolistimes) [mappress] Source: demopolistimes, August 19, 2010;
A new world record for the largest single continuous infusion — with 6.3t of resin flowed in over four hours — has been achieved at RMK’s shipyard in Turkey during the construction of the first Oyster 125 superyacht. This hull has now been successfully released from its mould after post curing in a
Iran is unlikely to become a big exporter of natural gas unless China — a crucial partner as international sanctions scare others off — can… (khaleejtimes) [mappress] Source: khaleejtimes, August 18, 2010
Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE: TOO) announced today that it has priced its follow-on public offering of 5,250,000 common units, representing limited partner interests, at $22.15 per unit. Teekay Offshore has granted the underwriters a 30-day option to purch
Dredging International N.V., member of the Belgian dreding, environmental and hydraulic engineering Group DEME, has been awarded a contract for capital and optional maintenance dredging works in the Soyo LNG port in Angola. The works will be executed by DEME in joint venture on 50/50 basis and have
Shell has received consent to carry out exploration drilling on Ormen Lange using the mobile facility West Navigator. The consent relates to conducting drilling and well activities in connection with the drilling of appraisal well 6305/4-2S. The well has the following geographical coordinates: N 63°
Port of Palm Beach officials have reopened the selection process for Palm Beach County’s next casino cruise ship. After representatives for the Surfside Princess failed to pay the $25,000 security deposit due Saturday to guarantee a space at the port, Executive Director Manuel Almira said he’s ready
Daewoo Shipbuilding & Marine Engineering Co, South Korea’s second-largest shipyard, said Tuesday it has signed a US$230 million order to build two container ships, Yonhap News Agency reported.
Framing it as an issue of energy independence and national security, U.S. Senate hopeful Marco Rubio said Tuesday that offshore drilling… Kris Wernowsky (pnj) [mappress] Source: pnj, August 18, 2010;
Royal Haskoning and partners HKV Lijn in Water and Fugro, have been appointed to develop an electronic management system for water control structures in New Orleans. The team is now racing Mother Nature to meet a very tight deadline. The project involves making an emergency management module that wi
Dutch engineering group SBM offshore posted a drop in profits for the first half of year as revenues also dipped compared to the same period last year. Turnover for the first half of the year was $1.38 billion, a 4% drop on $1.44 billion recorded in the first half of 2009.
Officials at the Port of Harlingen may need to dredge part of the waterway after floodwaters washed silt into the channel, Director Butch Palmer said Monday. The U.S. Army Corps of Engineers will conduct a survey to determine whether the port needs to remove silt from its turning basin, Palmer said.
Stolt-Nielsen S.A. (Oslo Børs: SNI) said its wholly owned subsidiary Stolt Tankers B.V. received a full refund of $84.5 million plus accrued interest, as part of an early termination agreement with SLS Shipbuilding Co. Ltd. (SLS) of South Korea to cancel newbuilding contracts for two 43,000 dwt stai
In the latest sign of a rebound in the container shipping industry, Denmark’s largest company A.P. Moeller-Maersk A/S (MAERSK-B.KO) Wednesday reported a return to profit in the first six months of the year, as expected, and raised its earnings expectations for the second time in as many months as a