Transocean Inc. (NYSE:RIG) today reported net income for the three months ended September 30, 2006 of $309.0 million, or $0.96 per diluted share, on record quarterly revenues of $1,025.7 million. The results compare to net income of $170.4 million, or $0.50 per diluted share, on revenues of $762.6 m
Ten Somalis have been sentenced to seven years in jail for piracy and hijacking by a Kenyan court. The men were arrested earlier this year by the US Navy which responded to a reported hijack off the Somali coast.
Parker Drilling Company (NYSE: PKD) today reported earnings of $18.6 million, or $0.17 per diluted share, on revenues of $146.8 million for the third quarter ended September 30, 2006, compared to revenues of $127.9 million and net income of $18.1 million or $0.18 per diluted share for the third quar
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A Norwegian oil rig carrying 75 people is in controlled drift in the North Sea on Wednesday after its tow lines broke loose during a heavy overnight storm. Owner Fred. Olsen Energy, an offshore services group, said the Bredford Dolphin semi-submersible drilling rig was being tugged out of Norwegian
The Stern Review published this week, warning of a massive economic fallout if no action is taken to combat global warming, has called on so-called ‘carbon pricing’ to be extended to international aviation and shipping.
Abu Dhabi-based National Petroleum Construction Company (NPCC) yesterday announced it won a $390 million (Dh1.431 billion) contract from India’s Oil and Natural Gas Corporation (ONGC). The latest contract takes the total value of NPCC’s contracts with ONGC to over Dh2.2 billion.
New York Cruises (www.nycruises.com) is proud to announce that it is now operating the newest dinner cruise vessel in New York City. This new vessel is called the Atlantis and was designed from top to bottom to provide the utmost in comfort and luxury for its guests. One of the most distinguished fe
New Zealand’s superyacht industry has received invaluable global recognition at the prestigious Fort Lauderdale Boat Show in Florida, with the superyacht equivalent of Oscars. Two New Zealand companies, Alloy Yachts and McMullen and Wing captured top prizes in the “Best Power” category during the In
A ship carrying feed for fish farms was towed into Ullapool yesterday after running aground south-east of the Summer Isles in gales. The skipper’s wife, who had been on the ship, was evacuated by helicopter earlier.
Royal Caribbean Cruises will beef up its adventure cruise operation at Celebrity Cruises by giving it a second ship from Pullmantur, a Spanish cruise firm it plans to acquire. In return, Celebrity will send one of its older vessels to the Pullmantur fleet.
Final clearance to build the Royal Navy’s new aircraft carriers risks slipping further behind schedule amid continuing disagreements between industry and the Ministry of Defence over rising costs. The two sides meet tomorrow to try again to resolve their financial differences after the consortium bu
The North Kingstown-based Senesco Marine, previously known as the Southeastern New England Shipbuilding Corp., has been acquired by Reinauer Transportation Companies LLC. Terms of the deal were not disclosed. In his online announcement, Reinauer President Craig Reinauer said only that he
Reference is made to release sent to Oslo Stock Exchange on 7 September 2006. NCL today confirmed the contract to build two cruise vessels, and an option for a third, by lifting all subjects in the contract. The vessels will be delivered from Aker Yards in Saint Nazaire, France in 2009 and 2010.
