The EU Commission has approved Cyprus’ new tonnage tax scheme. According to the Commission, the system that exists in several EU countries will enhance the competitiveness of the Cypriot fleet without unduly distorting competition.
The Cairns and Far North Environment Centre (CFNEC) in far north Queensland says there needs to be extensive community consultation over no-take zones in the Coral Sea. The Government has decided it will not put a blanket ban on fishing in the Coral Sea, but will examine the possibility of establish
Massive vessel breaks nation’s cargo record. RISING out of the ocean like the Incredible Hulk, the Xin Yan Tai dwarfed the tug boat bobbing below it at a West Melbourne dock yesterday. [mappress] Source:heraldsun,March 25,2010;
Thousands of offshore wind turbines are planned by the government to meet EU targets on renewable energy, and Greenpeace says it expects the [mappress] Source: guardian, March 24, 2010;
Leaders of the container shipping industry in Asia and the Pacific predicted Thursday a gradual recovery of their sector following the recent surge in raw material imports by the US and the European Union. Container shipping is still reeling under an overall industry loss of US$15 billion in 2009.
The long dredging of the lower River Niger, which is expected to pass through 152 riverine communities at a huge N36 billion, is half completed, Ahmed Aminu, the Managing Director of the Nigerian Inland Waterways Authority (NIWA), disclosed on Wednesday. Mr. Aminu told a House of Representatives tea
Norway will be a key player when General Electric focus on offshore wind, the company says at a press conference today. The American company will establish a technology development centre for offshore wind in Oslo, and expand the production of turbines in Verdal.
Plans for a £500m deep sea container terminal at Avonmouth Dock near Bristol have been approved by the government. The terminal will be built partly on land reclaimed from the River Severn and will enable Bristol to take some of the world’s biggest container ships.
Ship owners look to take advantage of lower prices and an expected boost of commodities trade in the years to come, with India rapidly entering the dry bulk foray, thanks to its massive needs of coal for power generating purposes.
Siemens Industry, Inc. (NYSE: SI) announced today it will be providing power metering equipment and services for the U.S. Navy’s Southwest Advanced Metering Infrastructure (AMI) project by teaming with AMERICAN SYSTEMS.
The Chinese Ministry of Industry and Information Technology has released new figures showing that the country exported 70.6 percent more vessels in February 2010 than in February 2009. The Ministry’s figures showed that China’s ship exports for February 2010 were worth nearly US$3.8 billion.
Statoil has completed heavy offshore lifting of two wellhead platforms on the Peregrino oil field offshore Brazil. The development is the group’s largest offshore project outside the Norwegian Continental Shelf. “The Peregrino project is well prepared and eager to continue with carrying out the rema
The Dubai Government will help Dubai World in restructuring its US $22 billion debt by paying off short-term loans, according to Abu-Dhabi based newspaper Al Ittihad.Dubai World includes major property developers Nakheel and Limitless. [mappress] Source:uaenews,March 25,2010
ROCHESTER– Despite it’s beauty, a newly formed lake improvement district says there’s an ugly problem lying beneath Lake Zumbro. [mappress] Source:kttc,March 25,2010
