The Government has approved a project for developing a complex of port and facilities for oil and gas services in Ben Dinh-Sao Mai area in the southern coastal province of Ba Ria-Vung Tau. Deputy Prime Minister Nguyen Sinh Hung on Tuesday agreed in principle to the cooperation between the State-run
Billions are being spent on superyachts and at this time of year there’s only one place to be to monitor the health of the industry, the Monaco Yacht Show, where two of the world’s largest sailing yachts stole the limelight. David Glenn takes a close look at Maltese Falcon, bumps into royalty and li
The Indonesian government Friday signed joint oil productions contracts worth 218 million U.S. dollars with five companies, according to local media reports. Petronas Carigali Overseas won the contract for offshore oil field in Lampung province, Husky Energy Int. got offshore field in East Java , Ma
DAP charter vessel sinks in Punta Arenas
Great Eastern Shipping Company Ltd (GE Shipping) has announced that the offshore division of the Company took delivery of a new built Offshore Supply Vessel (OSV) named ‘Malaviya Twenty Seven’ from Bharati Shipyard Ltd, India. With the delivery of
This year
“I got a thrill out of being in charge … of being the number one officer on the ship,” Haymarket resident Samuel L. Gravely Jr. said shortly before his death. And now, the ship is being named for him. The U.S. Navy announced last week that it plans to name a destroyer after the late […]
A DRUNKEN skipper who caused more than
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) reported net income of $1.23 billion, or $1.49 diluted EPS, on revenues of $3.91 billion for its third quarter ended August 31, 2006. Net income for the third quarter of 2005 was $1.18 billion, or $1.40 diluted EPS, on revenues of $3.61 billion.
New Zealand’s superyacht industry is taking on the rest of the world in Monaco this week, where almost 100 luxurious craft are on show. Included will be Ad Lib, made by Auckland’s Alloy Yachts, and judged the world’s best superyacht in its class this year. A dozen Kiwi boatbuilders will compete agai
ESL Shipping Oy, a subsidiary of Aspo Plc, has signed an agreement with SEB Leasing Oy concerning one of the two vessels currently being built by ABG Shipyard Ltd in India. Under the agreement, ESL Shipping will assume responsibility for the supervision of the building works on behalf of SEB Leasing
Qatar Gas Transport Company Ltd (Nakilat) is to acquire 10 more LNG carriers worth approximately $3 billion for a 25-year time charter to Qatar Liquefied Gas Company (III) or QatarGas 3. An agreement was signed here yesterday for the seven QFlex and three QMax LNG carriers between Nakilat and Korean
Force10 Marketing, a sports marketing agency with an expertise in sailing, has relocated its headquarters to the United Kingdom. Founded in the U.S. in 2003 by Scott MacLeod, former Senior Vice President of Octagon Worldwide, Force10 Marketing advises companies including UBS and BMW on their sailing
Cairn India, the wholly owned subsidiary of Cairn Energy Plc, is expected to undertake a nine-month long drilling campaign in its Ravva oilfield in the Krishna-Godavari (K-G)basin from next month to maintain the current production level. Speaking to mediapersons here on Tuesday, David Nisbet, direct
