CMA CGM is pleased to announce the upgrading of its services linking Asia to India and the Middle East Gulf with the introduction of a new, complementary string to its CIMEX service as from the end of March. The service coverage from Asia will now be split into 2 strings: String 1 will be dedicated
A Hezbollah MP has condemned the deployment of the USS Cole warship off the coast of Lebanon as a threat to Lebanese sovereignty and independence.
/Y Legacy, which Sail-World Cruising has been reporting on for the last couple of years, has floated free this week after being marooned off Key West for almost 2 1/2 years. ‘We busted loose today,’ came owner Peter Halmos’ e-mail, referring to Monday’s long day of pulling the 158-foot Perini Navi o
Samsung Heavy Industries, whose vessel was involved in South Korea’s worst oil spill, said on Friday it was donating some $ 107 million to help victims which they rejected as inadequate. Samsung Heavy said it would give 100 billion won (107 million dollars) to provide quick aid for thousands of peop
The Federal Government has given approval for the development of Usan oil field. The Elf-operated offshore field is expected to come on stream in 2012 and to ramp up quickly to plateau production of 180,000 barrels of oil per day.
MORE than 40,000 will be employed once a shipbuilding firm will start their full operation at the PHIVIDEC Industrial Estate in Villanueva town, Misamis Oriental that will benefit not only the workers here but the entire Mindanao region, including the business and other sectors.
DOF BOA AS has entered into an agreement to sell MV Skandi Hercules (ex. Skandi PMS II). Skandi Hercules was built in 2002 in China. DOF acquired 50% of the shares in DOF BOA in 2003 and additional 50% of the shares in October 2007.
The vessel is scheduled for delivery in second quarter 2009. DOF Subsea will install a D300 saturation diving system on the vessel. Total contract value is USD 27,5 mill.
Overseas Shipholding Group, Inc., a market leader in providing energy transportation services, today announced that Maersk Oil Qatar AS has awarded two contracts to provide Floating Storage and Offloading (‘FSO’) services on the Al Shaheen field off shore Qatar.
The death toll from Thursday’s accident involving a ferry in Bangladesh has risen to 39, officials say. The ferry, carrying more than 100 passengers, collided with another vessel in the Buriganga river, near Dhaka, and capsized.
A shipyard in Merseyside has won a multi-million pound contract with the Ministry of Defence.
NAHEMA is officially introducing the FENOMEN by NAHEMA, an amazing 150-foot mega-catamaran. Astounded by the NAHEMA 120 (to be launched end of 2009), FENOMEN, a company specialized in the design and the distribution of rare and exclusive products to ultra-rich individuals, approached NAHEMA’s CEO Pi
Leed Petroleum PLC, the oil and gas exploration and production company focused on the Gulf of Mexico, announced the successful drilling of the secondary target zone on the Eugene Island A-6 development well, which was spudded on Sept. 16, 2007.
She doesn’t have the grandeur or the glamour of QE2 but Marco Polo had been on South Atlantic cruises for the last fifteen years and this week saw her final tour of the region. Bahamas flagged, the 22.000 tons old lady belonging to Norwegian Cruise Line/Orient Line from Miami is currently sailing al
