The U.S. Coast Guard and U.S. Environmental Protection Agency (EPA) today announced they have authorized BP to use dispersants underwater… [mappress] Source: Epa,May 18, 2010;
The fallout from the Gulf oil spill has claimed its first casualty at the Interior Department. [mappress] Source: AP,May 18, 2010;
FLOOD defence bosses have refloated the idea of Hayling getting a breakwater which will not only protect the Island’s south eastern shore… [mappress] Source: haylingtoday, May 18, 2010;
As heavily indebted Greece slumps into a prolonged economic crisis, shipping industry players like Michael Bodouroglou are setting their course for Asian markets in the hunt for profits. “I would say it’s business better than usual. That’s primarily due to China. China has been importing raw materia
Japanese stocks fell, sending the Topix index to its third straight decline, as a drop in metals and oil drove down commodity-linked companies. Inpex Corp., the nation’s largest oil and gas explorer, slid 2.5 percent after crude oil dropped yesterday on concern Europe’s sovereign-debt crisis will de
DEME (AvH 50%) realized a clear increase of turnover and operational result in the first quarter of 2010, thanks to a good level of activity. The order book remained more or less stable and amounted to 2,060 million euros at the end of March, compared to 2,122 million euros end 2009.
The long-delayed Assawoman Canal dredging project, further slowed by weather- and spoils-related challenges, may be completed by the… [mappress] Source: delawareonline, May 18, 2010;
The Alabama State Port Authority and Mobile Container Terminal, LLC announced a new all-water container service between the Port of Mobile and Far East. CMA CGM added the Ports of Mobile and Pusan, Korean to its PEX3 service between the U.S. Gulf of Mexico and Asia. CMA CGM, through its division, Te
US President Barack Obama will set up a commission to investigate the oil spill in the Gulf of Mexico, officials say. They say the panel will also examine industry practices and the government’s role in the disaster. The news comes as a top coast guard official warned the leaking oil may reach the s
Qatar is in talks to supply 10 million tonnes of liquefied natural gas to China, the country’s energy minister said… [mappress] Source: Times of Oman, May 17 , 2010;
Norway is boosting the struggling shipyard industry, as the government is increasing funds available to its export credit guarantee program by NOK 10 billion. ”Shipyards and the related supply industry are still feeling the impact of the financial crisis and face large, serious challenges.”
MPI Workboats have announced that an order has been placed for a state of the art, purpose built wind farm support aluminium catamaran for delivery in January 2011, with an option for a further sister vessel to be delivered five months later in June 2011. Designed specifically for MPI Workboats Ltd
Ongoing petitioning at the High Court of Bangladesh has led to an unstable week on the ship recycling front. With environmental authorities pushing for a resolution to hazardous materials inventories, analysts said that vessels which have not yet been sent for recycling may be tied up for some lengt
The Oceangoing vessels division of Van der Velden® Marine Systems will feature its latest developments at the Posidonia exhibition, which will be held on 8 – 11 June 2010, in Piraeus, Greece. You can find Van der Velden in Hall no. 3 at the Technava S.A stand, no. 366. Highlights of the presentation