Stena Bulk has sold 50 per cent of the tanker Stena Arctica to the Finnish oil company Neste Oil, which will also operate the vessel on a 10-year charter from 1 January, 2007
A 78-year-old retired teacher died during a cruise less than two weeks after the ship had been detained due to a sickness bug, an inquest heard. Pat Horn, of Cheltenham, Glos, died on 8 June, a day after contracting the Norovirus which led to the Van Gogh liner being held at Harwich, Essex. More tha
Hanjin Heavy Industries and Construction Co. of Korea will expand its shipbuilding facility at Subic Bay Freeport by at least 100 hectares to house a training center and water treatment substation and other support facilities. Subic Bay Metropolitan Authority administrator and chief executive office
The crew of the Cambodian flagged cargo ship named “Kaptan Dursun Akbas” which had ran aground at Canakkale Strait earlier today, are trying to rescue the ship with their own efforts. After running aground in the Kepez- Dalyan Region, the captain did not ask for rescue assistance, and the crew membe
Two successful ship launchings in one week on two very important shipbuilding programs have Northrop Grumman officials excited about production in a post- Hurricane Katrina environment. Shipbuilders from the company’s Ship Systems sector in Pascagoula launched the U.S. Navy multipurpose amphibious a
Artist Katie Melua set a new world record when she performed at the bottom of one of the concrete shafts on the Troll A platform on Monday 2 October. The concert venue 303 metres below sea level qualified for “the world’s deepest underwater concert performed in front of an audience”. Together with h
4th Wave Imaging and Fugro Seismic Imaging have joined forces to provide advanced 4D Seismic Data Processing services to the oil and gas industry. This effort combines 4th Wave Imaging
The heart of the Norwegian gas machine, Troll A, has turned 10 years, an event to be celebrated with the world’s deepest concert. Artist Katie Melua will create musical magic 303 metres below sea level today. One of Statoil’s most important and audacious projects, Troll A has represented a breakthro
Daewoo Shipbuilding & Marine Engineering (DSME) has increased its target for new orders this year to a record $12bn (
The news that VT Halter Marine received a $15 million contract to build NOAA’s newest research vessel is a shot in the arm for the company’s Moss Point shipyard. An announcement the next day that the company was awarded a $200 million contract by the U.S. Navy to build its new class of spy ship [&he
Korean shipbuilders are enjoying soaring sales this year after succeeding in shifting their main business from cheap container ships to expensive special-purpose vessels and offshore platforms. The orders received by each of the big three firms _ Hyundai Heavy Industries, Samsung Heavy Industries an
SOUTH Korea’s Hanjin Shipping Co Ltd, Japan’s Kawasaki Kisen Kaisha Ltd (“K” Line), Taiwan’s Yang Ming Ltd and United Arab Shipping Co S.A.G. (UASC) have teamed up to launch a new service linking South- East Asia, India, Sri Lanka with the Mediterranean Sea and the US East Coast. Dubbed SINA, the ne
CMA CGM Group, the world
Aker Kvaerner has been awarded a contract with Daewoo Shipbuilding & Marine Engineering Co Ltd in South Korea for delivery of drilling facilities for an ultra deepwater semi submersible drilling rig ordered by an international drilling contractor. The total contract value for Aker Kvaerner is approx
