DP World will complete the phase two expansion of its Jebel Ali harbour – Container Terminal 2 of Jebel Ali Port – by the end of this year, a senior official said, reported Gulf News.
Cruise firm P&O is taking no chances with the naming of its new superliner Ventura later this year. The company is to employ a crack squad of Royal Marines to ensure the traditional bottle of champagne breaks.
Underwriters are expected to start assessing damage to a container vessel damaged in a storm at sea some 200 miles west of Scilly. Surveyors who examined the Horncliff, which is anchored off Falmouth, found an 18in (0.46m) hole in its side.
The Dutch dredging firm contracted to deepen Melbourne’s shipping channels will reap at least $1.5 million in penalties as the project continues to be delayed. Dredging was due to begin last Friday and is now four days behind schedule as the Port of Melbourne Corporation (PoMC) awaits federal approv
Total announces the signature of two joint study agreements with PDVSA concerning the Junin 10 block in the Orinoco Belt in Venezuela. Signed by Christophe de Margerie, Chief Executive Officer of Total, and Rafael Ramirez, Minister of Energy and Petroleum of the Bolivarian Republic of Venezuela and
A Russian tugboat has been captured by pirates off the coast of Somalia, Russian media reported Sunday. The ship, Svitser Korsakov, had six people on board, two Britons and four Russians, the RIA Novosti news agency reported.
Activists yesterday took their protest against dredging Port Phillip Bay to the office of Bellarine MP Lisa Neville. The protest coincided with plans to start work on the project after giant dredger Queen of the Netherlands docked in Melbourne earlier in the week.
Following the receipt of Venezuelan Ministry of Energy and Petroleum approval, Lundin Petroleum AB is pleased to announce the completion of the previously announced transactions for the sale of its wholly owned subsidiary, Lundin Latina de Petróleos, S.A. to PetroFalcon Corporation and the acquisiti
Vopak announces to repurchase Vopak shares to a maximum of 85.000 shares in the period from today until 31 March 2008. This program intends to cover future obligations as a result of the Long Term Incentive Plan for the Executive Board and senior management, if specific financial criteria will be me
Golden Ocean Group Limited is pleased to advise that the Company has fixed out on time charter the Capesize vessel M/V Channel Navigator (172,000 dwt, built 1997). The vessel will be delivered to the Charterer by the end of April 2009 for a five years time charter contract.
Increasing local opposition to developmental activities to increase its throughput capacity seems to have not deterred city-based Mumbai Port from conceiving and taking up projects to augment facilities. In its latest, the port has drawn out a plan to restructure Indira Dock (ID), the centre-piece o
Kimberly Stewart, is appointed Vice President, Investor Relations. She reports to Olivier Dubois, President and Chief Financial Officer. Previously Head of Investor Relations at Faurecia, she also worked as an Equity Analyst with Cheuvreux in Paris and London, as well as Credit Suisse in London and
Dredging and marine contractor Van Oord has completed the prestigious land reclamation project The World in the emirate of Dubai. The World is a group of 300 artificial islands four km off the coast of Dubai that have been shaped in the form of the continents. The project covers a surface area of 9
Greenpeace has ruled out co-operating with another anti-whaling group, Sea Shepherd, to better hinder Japan’s whaling program in the Southern Ocean. The Greenpeace ship, Esperanza, docked at Hobart last night after two months pursuing the Japanese whaling fleet.
