Mining giant Rio Tinto is set to develop a new deep water port at its Weipa mine in far north Queensland, Australia to allow loading of larger ships to meet a rising demand for bauxite, according to The Australian Financial Review.
KUALA LUMPUR, Malaysia – Oil prices fell in Asian trading Thursday as the dollar climbed, but traders said the outlook was for further gains amid worries about global supplies.
Mitsui OSK Lines’ Vision will complete the long quest for a direct connection from Jacksonville to Asia.
ROME – A geology-driven 3D subsurface modeling program was released by Paradigm at the European Association of Geoscientists and Engineering 70th Annual Conference and Exhibition.
A new study carried out by Arthur D. Little and commissioned by industry body Subsea UK has revealed that the Subsea oil and gas sector has grown from £3.35 billion in 2006 to £4.3 billion in 2007.
Petrofac has agreed to become the duty holder for the Northern Producer floating production unit which is due to be deployed on the Don West and Don South West developments in the UK North Sea.
Shares in China-based shipyard and bulk shipping operator Cosco Corp (Singapore) rose on Wednesday on news that its unit Cosco Shipyard Group has secured options to build six additional drilling units from Norwegian oil services group Sevan Marine ASA.
The World Sailing Speed Record Council has announced the ratification of a new 60ft Monohull 24 Hour World Record set by Alex Thomson and Andrew Cape (see photo) onboard the Open 60 Hugo Boss.
A veteran of the Fastnet and Vendee Globe, Yvan Bourgnon (FRA) has faced tougher prospects than a group of manmade islands off the coast of Dubai.
Neptune Marine Services in Australia has announced the amalgamation of Perth-based Allied Diving Services Pty Ltd (ADS) and Darwin-based Territory Diving Services Pty Ltd (TDS) to form a new business entity, Neptune Diving Services
ODIM in Norway has been awarded a contract by Ezra Marine Services Pte Ltd, Singapore, with a value of NKr 32 million, for delivery of two 20 tonne active heave compensated ODIM ABAS cranes.
ICAP Leopard, the 100ft super maxi yacht owned by Mike Slade, yesterday evening broke the transatlantic speed record held by luxury yacht Phocea. Finishing the 2,925 nautical mile crossing from New York to the Lizard, Cornwall, UK, in seven days, 19 hours and 21 minutes, ICAP Leopard shaved eight ho
Following the recent installation of the new mast, Team Pindar’s Open 60 skipper, Brian Thompson took to the water again yesterday, to undertake a 4,500 mile qualifier for the Vendée Globe, which begins in November. The transatlantic solo journey, which will take him from Falmouth much of the way to
After five races at the City of Marseille Trophy regatta, the second event of the 2008 Audi MedCup Circuit, it is the reigning MedCup champions Artemis (SWE) which leads by two points from the supremely consistent Spanish Bribón.
