SOCO International (“SOCO” or “the Group”) At the SOCO AGM, being held today, the following statement has been made: “There is no doubt that SOCO has made significant strides over the past year and is now well placed to drive forward its growth strategy, being in a strong financial position and with
Maersk Line is pleased to announce that A.P. Moller – Maersk has signed an agreement with Hyundai Heavy Industries for the delivery of 18 container vessels in 2011 and 2012. The vessels will each have a capacity of 4,500 TEU (twenty- foot equivalent unit). The ships are designed to meet the highest
PIRAEUS, Greece, June 25 /PRNewswire-FirstCall/ — Navios Maritime Holdings Inc. (“Navios Holdings”) (NYSE: NM – News) announced today the pricing of the initial public offering of 22,000,000 units of Navios Maritime Acquisition Corporation (“Navios Acquisition”) (NYSE: NNA.U – News) at a price of $1
Voyages of Discovery Launches a Dedicated Antarctica Brochure for 2008/09 With a Focus on Passengers’ Photography and Comment LONDON, June 26 /PRNewswire/ — Cruise specialist Voyages of Discovery is very focused on the passenger experience aboard their unique brand of Discovery cruises. With the lau
Contracts & Tenders – June 25, 2008 MCJ Ref No: 641/Y/11 Project Area: Peterhead, UK Project Stage: Tenders Invited Site: Smith Embankment Value: £26,500,000 Start: 09/2008 Period: 20 months Promoter: Peterhead Harbour Trustees, Harbour Office, West Pier, Peterhead, Grampian, AB42 1DW; Tel: 01779 48
Contracts & Tenders – June 25, 2008 MCJ Ref No: 641/E/25 Tender Ref No: 2008-153823 Project Stage: Tenders Invited Area: Brussels, Belgium Value: 7,540,000 EUR Project Period: 24 months from date of contract award Promoter: Port de Bruxelles, Place des Armateurs, 6, B-1000 Brussel; Tel: (32-2) 421 5
HAMILTON, BERMUDA–(MARKET WIRE)–Jun 25, 2008 — Frontline Ltd. (the “Company” or “Frontline”) (NYSE:FRO – News) is pleased to announce the acquisition of five double hull Suezmax tankers en bloc from Top Ships Inc. at a purchase price of $240 million. The vessels are built in the period 1992 to1996,
OSLO, Norway, June 25, 2008 (PRIME NEWSWIRE) — Petroleum Geo-Services ASA (‘PGS’ or the ‘Company’) announced today that on June 24th there was a fire in one of the auxiliary engines on the seismic vessel Atlantic Explorer, which was operating offshore Senja in Norway. The fire has been extinguished,
Linking Asia and Europe CMA CGM Group has the pleasure to announce the launching, on July 9th, 2008, of its latest service in the FAL network linking Asia and Europe: The FAL4 service. Operated in partnership with China Shipping, FAL4 will deploy a total of eight 9,700 teu vessels, covering the foll
Production on the Oseberg field centre, Oseberg South, Oseberg East and Tune has resumed after the small fire in a switchboard room on the Field Centre on 15 June, StatoilHydro said. The field centre and the three other fields associated with the field centre’s processing plant have been shut down d
OMV has strengthened its position offshore Norway by acquiring a 30% interest in the PL 301CS exploration licence from Talisman and DONG. The new license is located in the Norwegian North Sea, approximately 300 km south-west of Stavanger and less than 30 km north-east of the producing UK Jade field,
Dockwise has signed a letter of intent with Vyborg Shipyard for the transportation and installation of two topside structures on the Shtokman field in the Barents Sea. The topside structures are part of the contract that Vyborg Shipyard signed with Gazflot (the operating company for Gazprom) for the
News – June 24, 2008 The Lake Carriers’ Association says that despite an 8 per cent increase in the iron ore tonnage, total cargo movement on the Great Lakes in US-Flag Lakers fell 2 per cent in May compared to a year ago. However, the May float – 11.9 million net tons – was, almost […]
News – June 24, 2008 Following the announcement of the Abu Dhabi Yacht Show 2009, plans have been approved for a marina that will be home to the show’s on-water exhibits. Dredging has commenced in preparation for the creation of the megayacht pontoon area, which will be completed in line with the sh
