News – August 21, 2008 Royal Boskalis Westminster in The Netherlands has issued a statement outlining what it describes as a “strong first half year” and “sharp increase in profit.” Headlines for the first half of 2008 include: Net profit increases to Euros 202 million Net profit excluding non-recur
News – August 22, 2008 Middle East Business Intelligence (MEED) reports that important work on the Suez Canal is now on schedule to meet a deadline in 2009. MEED reported in April this year that the dredging of the waterway to 66ft from 62ft had stalled due to the high volumes of traffic on the [&he
News – August 22, 2008 A contract has been awarded to a joint venture (JV) of Laing O’Rourke Infrastructure Limited and Dredging International (DEME Group) for the execution of a major new port development project on the river Thames in the UK. The London Gateway Port project, as it is called, is lo
Shell Canada Limited (“Shell Canada”), a wholly owned subsidiary of Royal Dutch Shell plc, announced today that it has received the approval of the Minister of Industry under the Investment Canada Act for its offer to purchase all of the outstanding common shares of Duvernay Oil Corp. (“Duvernay”) (
Fifteen knots of breeze and building, today looks like going ahead on time. For UK supporters this is a huge day for British Star sailors Percy and Simpson who made it crystal clear yesterday that they want a medal. The trouble is, so do three other teams and with the points as they are, all [&helli
Team Russia completed its qualifier for the Volvo Ocean Race last night, coming into dock at their Portland base after six and a half days at sea, having travelled over 2200 nautical miles in a record breaking trip around Britain and Ireland. The Russian yacht Kosatka started from Portland in gale f
Listen to GBR Star crew Andrew Simpson explain the day that kept them in second overall on the eve of the Star medal race To win a gold is outstanding, but to be the first to win gold must surely be the ultimate. If the thousands that had gathered along Qingdao’s sea wall to wave […]
News – August 20, 2008 Dredging Corporation of India is reported to have begun work on a major capital dredging project of Paradip Port Trust. A senior port official said the project involved deepening the existing channel from 12.5m to 16m by dredging a volume of 15 million cubic meters of spoil. T
At 8:30 am Cyprus time, the Free Gaza and the Liberty rounded the last corner of this lovely island, escorted by the Cypriot Coast Guard, and pulled into the Northern side of the commercial port in Larnaca. “We’ve been waiting a long time to unify our group, which has been split between Cyprus and C
Ramco has appointed Mark Groves Gidney to the Board of Ramco as a Non-Executive Director. Groves Gidney is currently managing director of Environmental Geosciences Limited and will shortly resign to take up his new post. Ramco said in a statement: “Mark is a proven explorer with over 25 years of exp
StatoilHydro says lessons have been learnt after an investigation was carried out into an incident on the Statfjord A platform when an internal leak in the platform hull led to gas accumulation inside the shaft and discharge of oily water to sea. The investigation report into the incident on 24 May,
Norway’s Grenland Group broke a record in the second quarter with gross operating revenues hitting NOK 500 million, up 54% compared with the same quarter in 2007. Grenland also posted a 23% rise in operating profit, delivering an EBITDA for the quarter of NOK 22.1 million, compared with NOK 17.9 mil
Lloyd’s Register EMEA has made its most significant move yet in becoming the leading authority in the provision of risk management services to the nuclear, oil and gas, and transportation sectors, having signed Heads of Terms to acquire 100% of the share capital of Scandpower AS. The acquisition wil
Jochen Wolfram (GER), Jeremy Elliott (IRE), Andy Meiklejohn (NZL) and Nick Bubb (UK) have taken their places onboard Kosatka, Team Russia’s VO70 competing in the Volvo Ocean Race 2008-09. This will be 33 year-old Andy Meiklejohn’s third Volvo Ocean Race. He was a rigger on News Corp in the 2001-02 r
