Parker Drilling Company (NYSE: PKD), a global drilling contractor and service provider, today announced that a subsidiary has executed an agreement to sell its 50 percent interest in its Saudi Arabian joint venture, Al-Rushaid Parker Drilling Company Ltd. (“ARPD”) to an affiliate of the Saudi compan
Private boat owners in Jersey will not have to pay a goods and services tax (GST) on their mooring fees for at least a year. The move is part of changes prior to the introduction of GST next month.
Team Boskalis selected its last team sailors. Twelve talented potentials participated at the selection day in Scheveningen, a coastal city in the Netherlands. Next weekend at the F18 Class event in Muiderzand/Netherlands, Andrew MCPherson (AUS) will have to make a choice between two technical studen
In light of the current dilemma regarding Alinghi and Oracle disagreement on a Match date, Sebastien Destremau decided to speak with one of the most successful maxi multihull builder/designer’s in the World, Gilles Ollier from Multiplast who openly insists ‘It is impossible to build a 90 ft multihul
The process modules that arrived at the Keppel Verolme shipyard on April 5 have now been safely lifted onboard the FPSO Sevan Voyageur. Also the helideck has been installed.
Wärtsilä and Zhenjiang CME Co Ltd (CME) have today jointly signed a licence agreement for the manufacture and sale of Wärtsilä RT-flex low-speed marine diesel engines by CME in China. The agreement grants CME the right to manufacture all sizes of Wärtsilä RT-flex modern low-speed engine types at its
One of the major Container Shipping lines serving Gulftainer’s Sharjah Container Terminal (SCT) is APL, which has a regular weekly call with its CMX service, giving comprehensive coverage of Far East ports.
The New World Alliance (TNWA) carriers – APL, Hyundai Merchant Marine (HMM) and Mitsui O.S.K. Lines (MOL) – and CMA CGM have announced a new joint West Mediterranean (MED) service starting from April 26th, 2008.
The International Maritime Organization (IMO) has invited nations to submit proposals to limit shipping’s impact on Antarctica’s unique environment. The IMO’s environment committee recognised campaigners’ fears that the continent’s waters were at risk from the rising number of ships in the area.
Providence is pleased to announce the successful conclusion of its seismic acquisition programme in the Celtic Sea and St. Georges Channel area, offshore Ireland. The programme, first announced on 15 September, 2006 was carried out by Gardline Surveys Limited utilising the MV Sea Surveyor. In total,
The deepest port in Africa with a draft of 17 meters is to be constructed by Lagos Port LFTZ Enterprises along Atlantic coast at Ibeju-Lekki area of Lagos by the first quarter of 2009, Mr. A Sivaram, Managing Director of the company, has said. The port which is expected to gulp a total sum of [&hell
Design Unlimited are delighted to announce their first project with Dubois Naval Architects. The brief for the new 36M building in New Zealand was for a modern interior with little or no wooden finishes. This has involved a challenging search for innovative and striking finishes and fabrics includin
Total announces today that it has sold a 20% stake in the Taoudenni Ta7 and Ta8 permits in Mauritania to Qatar Petroleum International. Total is the operator, with a 60% stake now. The blocks represent a total surface of 58,000 square kilometres. The assignment agreement was signed yesterday by his
Royal Dutch Shell Plc chief executive Jeroen van der Veer will today ask governments to act swiftly to adopt new policies and mechanisms that promote lower CO2 emissions as part of society’s response to the threat of climate change. Speaking in Brussels at the European launch of the Shell Energy Sce
