Petroceltic International plc , the independent oil & gas exploration company focused on the Middle East, North Africa and Mediterranean region, today announces that due to continued uncertainty regarding the application of the proposed decree to restrict drilling in the Italian seas, Petroceltic It
Heerema Marine Contractors (HMC) today announced the signing of a letter of intent with Daewoo Shipbuilding and Marine Engineering Co., Ltd., Korea (DSME), for the building of a new Deep Water Construction Vessel. The New-build will be an investment of US$ 600-700 million. For this investment HMC se
Most shipping at the port of Montreal has stopped amid a dispute over pay and conditions. Traffic halted when shippers locked out 850 dock workers after talks to resolve the dispute broke down.
Hapag-Lloyd Cruises is happy to announce the return of their Great Lakes cruises in 2011. MS COLUMBUS, built in 1997 was specifically designed to navigate the locks of the Great Lakes, and is therefore one of the few ocean-going cruise ships that can successfully travel through the wonderful scenery
Seven Alaska legislators have asked the state attorney general to oppose a two-year extension to a federal license for LNG exports from the… [mappress] Source: juneauempire, July 20, 2010;
ADX Energy Limited updates Lambouka-1 Well operations. Activities during past week included: After successfully running the 30” conductor casing and performing the cementing job, the 26″ section was drilled as per plan to 927 meters MD. Whilst there were no drilling related issues, the running of th
Klaipeda Free Economy Zone (LEZ) has signed an agreement with a new investor Heidelberg Klaipeda for allocation of more than ten million … By Danuta Pavilenene (baltic-course) [mappress] Source: baltic-course, July 20, 2010;
China has recruited a flotilla of 500 fishing boats to help clean up an oil slick that shut one of its biggest ports, Dalian, disrupting refinery operations and diverting cargoes elsewhere, but officials said the port would not return to normal until the end of the week. A pipeline explosion and fir
Norway’s Rocksource ASA said today that the newbuild Maersk Deliverer rig has been fixed to drill a first well targeting a potential 400 million barrel prospect offshore West Africa. Rocksource said the rig is due to arrive on location in the first quarter next year to drill the first well in the AG
In an interview with the Financial Times CEO of Hanjin Shipping, Kim Young Min, has stated the company’s intention to make an assault on the dominance which rivals such as Maersk, CMA CGM and Hamburg Sud have in the West African and South American cargo markets. The Hanjin boss was speaking after th
With the Baltic Dry Index finally having reached bottom, at least according to market analysts, the dry bulk industry is looking to begin its long road of recovery in terms of hiring rates. After the first glimmer of hope received Friday with the halt of the BDI’s 35 day slide, Monday’s session was
Westports Malaysia Sdn Bhd will resume the initial phase of its expansion this year that will see the construction of the 300m container terminal 6 (CT6). “We have opened the tender for CT6 and in terms of cost we would not know until the bid comes in.
BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. Subsea Source Control and Containment BP continues to work cooperatively with the guidance and approval of the National Incident Commander and the leadership and direction of federal gov
Leading organisations throughout the shipping industry are stepping up support for what will be one of the major events in the maritime calendar: the 30th annual conference of WISTA International (the Women’s International Shipping & Trading Association), which will be in Athens, from September 29 t
