Fortescue Metals Group will decide in 2010/11 whether to mine its Solomon iron ore project in Western Australia and estimates the development will cost $3.6 billion… Source: The Age, November 12, 2009
Abu Dhabi National Oil Company (ADNOC) has awarded a Dh2.3 billion (US$639 million) contract to National Marine Dredging related to a project to build artificial islands in the Gulf… Source: The National, November 12, 2009
Following significant interest in the recently launched design of the luxury performance catamaran released by Aeroyacht, worldwide sales agent YCO is pleased to announce that Wally has been signed on as the official shipyard. Ben Bartlett, who heads up the specialised sail division of YCO and who m
Saipem has been awarded two new offshore drilling contracts for a total value of approximately US$ 460 million. The contracts are for the charter of Saipem’s Scarabeo 5 and Perro Negro 2 offshore drilling rigs, in Norway and UAE. Norwegian oil company Statoil awarded the contract to Saipem for the c
The Louis Majesty has been re-delivered to Louis Cruises at the end of her charter to Norwegian Cruise Lines. The cruise ship was chartered to NCL and, as Norwegian Majesty, was operating cruises from the U.S. until the end of October. The Louis Majesty is now on her way to Europe and will undergo r
Seafood business leaders are to meet in Grimsby later this month as the industry prepares for new laws designed to combat illegal fishing. A seminar led by Seafish, the seafood authority, will highlight key issues which could face food processing firms.
The Grand Alliance (GA) today announced its winter programme for its main Asia-Europe services, beginning 28 December this year, which will see four of its existing loops rationalised into three. The EU1, EU2, EU3, and EU4 services will be turned into three weekly services, Loops A, B and C.
Norway: The Akva group has signed a new contract with the National Prawn Company (NPC) in Saudi Arabia for the delivery of a complete UNI-recirculation marine hatchery. The hatchery is for one of the upcoming new fish species in aquaculture, the greater amberjack (Seriola dumerilii). The hatchery wi
The net profit for the period until 30 September 2009 amounts to EUR 75.1 million. The result includes a net contribution of EUR 10 million from the financial settlement of the “Thunderhorse” project. The net profit shows a decrease compared with the corresponding period in 2008. The decrease is cau
Boat security systems supplier Paradox Marine will feature Marine Magellan Insight, a unique wireless security, monitoring & surveillance system with GPS satellite tracking and Inferno Acoustic Deterrents at its stand (11.525) at METS (Marine Equipment Trade Show) 2009, November 17-19 in Amsterdam.
Two terminals in the Port of Cartagena have been certified by Germanischer Lloyd (GL) according to the Container Terminal Quality Indicator (CTQI) standard. Both terminals are operated by Sociedad Portuaria Regional de Cartagena S.A. (SPRC). CTQI, a benchmarking tool for evaluating the quality of co
Royal Boskalis Westminster N.V. (Boskalis) and Smit Internationale N.V. (Smit) have in principle reached agreement on a full merger of the two companies, whereby all the activities of Smit will be continued in the combined company (the Group). Boskalis and Smit aim to reach a transaction through a p
Prime Minister Ali Mujawar got acquainted on Wednesday with the work progress in Aden Container Terminal (ACT) in Aden Free Zone (AFZ) and the expansion plans in the ACT… Source: Yemen News Agency, November 11, 2009
Calling the first year of the massive Fox River cleanup process a surprising success, project officials said progress made in 2009 could shorten the $700 million project by an entire year… Source: Post Cresent, November 11, 2009;
