TOP Tankers Inc today announced that it has taken delivery of the M/V BERTRAM, a 73,506 DWT Panamax drybulk vessel, built in 1995 in South Korea. The vessel has been financed with secured bank debt. The M/V BERTRAM is the first of six drybulk vessel deliveries for the fourth quarter 2007 and first q
Reliance Industries Limited (RIL) Signs Production Sharing Agreement for Deep Water Offshore Block in Oman Muscat, Oman November 12 2007: Reliance Industries Limited (RIL) is pleased to announce that it’s wholly owned subsidiary Reliance Exploration and Production DMCC today signed a Production Shar
State health officials have identified the highly contagious Norwalk virus in an outbreak that affected about 220 passengers aboard the Norwegian Cruise Lines ship Pride of Hawaii. Lab tests confirmed the presence of the virus, which causes nausea, vomiting and diarrhea, said Janice Okubo, spokeswom
The pilot of the cargo ship that hit the Bay Bridge on Wednesday and released an oil spill had many concerns about the ship’s navigation tools and the thick fog that morning, causing a 90-minute delay in the ship’s departure from Oakland, a National Transportation Safety Board spokeswoman said Monda
SMIT has been awarded a 4 year contract, with option to extend, by the Kuwait Oil Company (KSC) to provide assistance to tankers calling at their oil terminals in Kuwait. Whilst this is the first terminal assistance contract in Kuwait for SMIT, SMIT has a long track record of service provision in th
Most of the shipping fuel from the Cosco Busan has become too thinly spread out to be cleaned off the surface of San Francisco Bay, leading crews to shift their efforts away from the open water and onto the shoreline. By Monday, around one-fifth of the 58,000 gallons of fuel that gushed from the sla
The 63rd Rolex Sydney Hobart Yacht Race was officially launched today, with 90 yachts ranging from 10 metres to 30 metres intending to line up on Sydney Harbour for the traditional Boxing Day start on 26 December 2007.
Petroleum Geo-Services ASA has today acquired 18,359,070 shares in Arrow Seismic ASA at a price of NOK 96 per share. Following the transaction, PGS holds 18,359,070 shares in Arrow corresponding to approximately 78% of all issued and outstanding shares in Arrow.
Swiber Clinches maiden contract in the Gulf of Thailand worth US$25 million. Swiber Holdings Limited , is moving full speed ahead in its offshore drilling operations. The integrated offshore EPCIC contractor and provider of marine support vessels today announced that it’s newly incorporated deepwate
SeaDream Yacht Club’s SeaDream I and SeaDream II have again shared top score in the cruise industry bible, Berlitz Complete Guide to Ocean Cruising and Cruise Ships, beating a dozen other contenders in the Five Star Club rating and earning the additional honour ‘Exclusive… and above luxury.’
Daewoo Shipbuilding & Marine Engineering Co, the world’s third-largest shipbuilder by sales, said Tuesday it has secured an order worth 604 million US dollars to build four very large crude carriers for a Middle Eastern client.
Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the transportation of dry bulk cargoes, today announced that it has entered into a time charter contract with Jiangsu Shagang Group Co., Ltd, People’s Republic of China, for one of its Panamax dry bulk carriers, the Dione, at
The delivery of Shell Marine Fuel Oil (MFO) 180 at the Port of Shanghai to its customer Wan Hai, is the result of a Marine Fuels Supply Agreement signed between China Marine Bunker PetroChina Co. Ltd (Chimbusco) and Shell Marine Products Limited (Shell). The two companies have cooperated extensively
Following last year’s introduction of COSMOS, a comprehensive service and monitoring system for compressors and generators, Atlas Copco is now taking it to the next level…satellite; making it eminently suited for offshore and remote locations.
