Raytheon Company (NYSE: RTN) successfully conducted a detailed design review for the DDG 1000 Total Ship Computing Environment Infrastructure hardware. The Total Ship Computing Environment Infrastructure implements the Navy’s open architecture strategy and has achieved a full commercial off-the-shel
Transocean Inc. (NYSE:RIG) today announced that a subsidiary of Chevron Corporation (NYSE:CVX) has awarded the company’s semisubmersible rig, the Transocean Richardson, a three-year contract for exploration and appraisal drilling offshore in global Chevron operating areas which may include Southern
This trading update is aimed at providing estimates regarding revenue and trading conditions experienced by BP in the fourth quarter ending December 31, 2006. The fourth quarter margin, price, realisation, cost, production and other data referred to below are currently provisional, some being drawn
Keppel Offshore & Marine Limited (Keppel O&M) maintains its strong track record of on time, on budget deliveries with its first completion in 2007. Through its wholly-owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), the Floating Production Storage and Offloading facility (FPSO) Polvo is on c
Labroy Marine has clinched two shipbuilding contracts worth a total of US$37.8 million or S$58 million. Under the contracts, it will build two anchor handling tug supply vessels for a Norwegian customer.
Kalmar, the business area providing container handling solutions within Cargotec, has received an order for 12 E-One RTGs (rubber-tyred gantry cranes) from Santos Brasil S/A, the largest terminal operator in South America. The E-one RTGs will be delivered to the Santos Brasil S/A terminal at the Por
A modern domestic shipbuilding facility will soon rise in this premier Freeport zone. Subic Bay Metropolitan Authority chairman Feliciano Salonga, in a meeting with National Maritime Leasing Corp. president Agustin Bengzon, said the facility would create a synergy aimed at supplying the needs of the
Ship Finance International Limited (NYSE:SFL) (“Ship Finance” or the “Company”), today announced that it has agreed to sell the single hull suezmax tanker Front Transporter to an unrelated third party at a gross sales price of $38 million. Frontline will receive a compensation payment of approximate
No less an expert than Tom Reardon, for more than 20 years the skipper of the legendary 72-ft Herreshoff ketch Ticonderoga, claims that the best time to be in the Caribbean is right after New Year’s. This is because most of the manic vacationers to places such as St. Barth have returned to their man
A Staffordshire teenager who single-handedly circumnavigated Britain in her 21ft boat has been named as the Young Sailor of the Year. Katie Miller, 18, from Shenstone near Lichfield, spent three months sailing and motoring around the mainland covering a distance of 2,400 miles.
Sailing legend Magnus Olsson may have sailed round the world five times, but many of his best memories come from the winning EF Language team. (Watch video) As well as being a crewmember aboard the yacht that crushed the opposition, Olsson was a coordinator of the entire campaign.
Auckland boat-building company Sensation Yachts is to launch a $60 million super yacht on Monday, a flagship for the company’s overseas plans. The 50m M/Y Sensation will depart Auckland Harbour later this month bound for Dubai where she will be a focal exhibit of the Dubai International Boat Show.
Vietnam’s prime minister has given the go-ahead for joint oil exploration in the Gulf of Tonkin between state-owned Vietnam Petroleum Corp (PetroVietnam) and China’s CNOOC, state media reported.
RAS Laffan Port is undergoing significant construction work to meet Qatar’s growing LNG export capacity needs, RasGas has said. With six new LNG trains being built to boost exports to 77mn tonnes per annum (MTPA) by 2011, the Ras Laffan Port is being reconstructed to handle the increased volumes of
