The Navy awarded a $175 million contract to Northrop Grumman Corp. (NOC) for procurement of materials and engineering and planning services for LHA 7, the second in the Navy’s newest class of large-deck amphibious assault ships. The first ship, America, LHA 6, is 25% complete.
Evergreen Marine Corp. said Thursday it is raising its shipping rates on its European routes and will add surcharges during the current peak season amid strong demand. The shipping company said the rates on its Europe- Mediterranean westward routes will be increased from July 1 by US$250 per twenty-
LLX Logistica SA, the company building Brazil’s largest port, said Royal Dutch Shell Plc and Mercuria Energy Asset Management BV may build storage facilities at the $40 billion project to tap into growing offshore oil output. Shell and Mercuria, an oil trader operating in more than 50 countries, hav
Cruise passenger arrivals in May rose by 71% from the same month last year to reach 55,068 persons, the NSO said today. There were 34 cruise liner calls. Passengers from EU countries amounted to 44,150, with Germany and Italy being the leading markets. Same-day visitors from Non-EU countries stood a
Sinopacific Shipbuilding Group Co Ltd is hoping to achieve leadership in the domestic shipbuilding sector against the backdrop of a sluggish world economy. Ningbo, Zhejiang-based Sinopacific over the weekend signed a contract worth $1 billion with French offshore oil and gas marine services provider
British-based flexibles supplier Wellstream has landed a new deal to supply SURF hardware Brazil under a deal with OGX. Wellstream’s new flexible’s plant in Niteroi, Brazil has been selected to supply subsea flowline,s umbilicals and flexible risers along with mid-water arches and related equipment
On 24th June, Imtech Marine & Offshore organised an event for the maritime industry at its premises in Rotterdam, dedicated to the theme Green Ship Energy Solutions. A number of expert speakers from the maritime industry elaborated on the regulations, trends and technological developments concerning
AWE Limited reports that at 0600 hours today (Indonesian time) the Liyun-1 well is at a measured depth of 1,162 metres and is currently testing underbalanced drilling equipment prior to running in hole and drilling ahead. Progress for the week was 671 metres. Liyun-1 is an exploration well in the Bu
Engineering work has begun on the Moonen 133 — the Dutch yard’s largest yacht to date. Expected to be called Sofia III, the 133 will have two noteworthy differences in comparison to other superyachts of her size.
The controversy surrounding the actual cost of the contract for the dredging of Nworie Rivers has being put to rest following the takeover of the contract by the Niger Delta Development Commission (NDDC) at the cost of N7.8b. Imo State Government had on the 24 June signed a Memorandum of Understandi
The Panama Canal Authority’s (ACP) new charging regime planned for January 1 has caused serious alarm among global shipping operators. In addition to general cargo, dry bulk, tanker and vehicle vessels facing rises of between 12 percent and 16 percent, it is understood container lines will incur a n
Wood Group, the international energy services company, issues the following pre-close trading update for the six months to 30 June 2010. Overall performance for the Group for the year to date is in line with expectations. Engineering has performed as expected and bidding volumes have improved, givin
Amidst reports of dredging for the Vallarpadam project getting delayed, the Cochin Port Trust on Wednesday decided to engage the port’s … [mappress] Source: expressbuzz, July 1, 2010;
The Port Commission of the Port of Houston Authority approved nearly $2 million for maintenance dredging of the Authority’s berths at its… [mappress] Source: finance, July 1, 2010;
