A near-intact shipwreck apparently dating from the 17th century has been found in the Baltic Sea, Swedish television has said. The discovery was made during filming for an under-water documentary series.
Drilling of the wildcat 6608/8-2 in the Bjørk prospect north of the Norne field has been completed. No hydrocarbons were proven in the well. StatoilHydro is operator for production licence 352, the Bjørk prospect in block 6608, 33 kilometres north of the Norne field in the Norwegian Sea.
Rumours of a shake-out in the bullet-proof superyacht industry were mooted this week at the Global Superyacht Forum at METS. Organisers The Yacht Report expect almost 600 delegates guests at sessions on topics from private submarines to manning, paint, refit and design.
Workers fan out across 16 miles of shoreline as the extent of the damage from the spill continues to emerge. Crews battled harsh bouts of wind and lashing rain Tuesday as they struggled to clean miles of oil-blackened coastline after a fierce weekend storm tore a petroleum tanker into pieces.
Teddy Roosevelt called the construction of the Panama Canal “by far the most important action I took in foreign affairs during the time I was president.” Yet it was also one of the most bruising. His detractors derided the massive project as the worst brand of America’s buccaneering, gun-boat, diplo
Any hope of a settlement in the America’s Cup dispute between battling billionaires Ernesto Bertarelli and Larry Ellison appeared dead last night when the Swiss delivered an ultimatum which the Americans were bound to refuse.
Drugs worth almost 500,000 euro have been found by a fishing boat trawling off the west coast of Ireland.
The 2008-09 Volvo Ocean Race will be the second time around for Signorini and Carabelli. The sailors finished in third place in the last edition of the race under Torben Grael’s command. João Signorini (30), in Brazil known as Joca, spent most part of his career competing in the Laser class before m
The Signing ceremony to establish a Joint Venture between PT AKR Corporindo Tbk., Jakarta, Indonesia (AKR) and Royal Vopak, headquartered in Rotterdam, the Netherlands, (Vopak) has been held on 9 November 2007 at the The Sultan Hotel, Jakarta Indonesia. The Joint Venture company formed, PT Jakarta T
This classic case of a fight between a multinational company and its Indian partner taking an ugly turn. Almost two years after DP World took over Mundra International Container Terminal (MICT) from P&O Ports as part of a $6-billion global takeover, the Adani-owned Mundra Port and Special Economic Z
Operator BP has announced a further major new gas-condensate discovery in the Shah Deniz field in the Caspian Sea, in which StatoilHydro has a 25,5% stake. Gas condensate was encountered in the main target horizons extending the field to the south. The well, named SDX-04, also discovered a new high
Last week, Port Pipavav received three state-of-the-art, post-panamax quay cranes and 10 RTGs from ZPMC, China. The quay cranes have been designed keeping in mind the increasing vessel sizes on the West Coast of India and to deliver world-class operations at the port. The new quay cranes are amongst
Soldiers and emergency workers are battling to clean up an oil spill that has reportedly killed some 30,000 birds in the Kerch Strait, by the Black Sea. Alexander Tkachev, governor of Russia’s Krasnodar region, said the incident was an ‘ecological catastrophe’.
The Great Eastern Shipping Company Ltd. (G E Shipping) today delivered its single hull Aframax crude tanker “Jag Labh” to the buyers. The 1988 Japanese built 96,551 dwt ship was contracted to be sold in September 2007. With the delivery of this vessel, the Company’s current fleet stands at 47 vessel