With the growth of energy and resources transportation fleet and the pushing-forward of From Ship-owning To Ship-controlling strategy, COSCO owned and operated fleet reached 40.1 million deadweights with the total number of 687 vessels on 6 September. It is the second ship fleet exceeding 40 million
HAMILTON, Bermuda, Sept. 7, 2006 (PRIMEZONE) — Seadrill has been awarded a letter of intent by an E&P operator in the Gulf of Mexico for the semi-submersible drilling rig West Sirius (Jurong 1). The contract has a firm duration of four years with the option for the operator to extend the contract to
OSLO, Norway Norway’s Aker Yards ASA won a
USS Texas (SSN 777), the second ship of the Virginia attack submarine class, Sept. 9, at the Port of Galveston piers in Galveston, Texas. As the Navy’s next-generation attack submarine, the Virginia-class submarine is the first class specifically designed to counter post-Cold War threats, providing
Two submariners have been killed in a fire aboard a nuclear submarine in the Barents Sea belonging to Russia’s northern fleet, but the incident posed no risk of radioactive contamination, Russian news agencies said on Thursday.
As news of a huge oil discovery deep in the western Gulf of Mexico unfolded, informal talks began in Congress to break an impasse over competing House and Senate plans to expand offshore oil and natural gas-drilling. The find by Chevron, Devon Energy and StatOil in an area already open to exploratio
Petra Perdana Bhd has entered into a memorandum of agreement with S. K. Line Co Ltd to purchase a new anchor handling offshore support vessel for RM44.9mil. The company said in a filing to Bursa Malaysia yesterday the purchase was in line with the group
A giant cruise ship is set to sail into Antarctic waters, changing the face of tourism in the world’s great wildernesses. The Golden Princess, which can carry 3,800 passengers and crew and weighs 109,000 tons, is 10 times bigger than most of the cruise ships which ply Antarctica’s seas. Its first vo
New Delhi: Almost one in every six workers dismantling old boats at India’s Alang shipyard suffers from asbestos poisoning, experts said in a report. The experts, appointed by India’s Supreme Court to look into conditions at Alang, also found a fatal accident rate six times that of the country’s not
She’s so quick she can outrun a frigate. A Scottish-led international team of engineers yesterday unveiled the car ferry of the future, a giant capable of carrying 2000 passengers at 38 knots and, perhaps, saving Europe’s shipbuilding industry. Designers from 13 nations have spent six years perfecti
Statoil has taken first place among the world
Aker Yards is to build two cruise vessels for Norwegian Cruise Line, with an option for a third. The total value of the two vessels is EUR 1470 million (approx. NOK 12 billion). The vessels will be delivered from the recently acquired yard in Saint Nazaire in 2009 and 2010. This is the first contrac
Oil and Natural Gas Corp (ONGC) today approved an investment of Rs 2,300 crore for re-development of its ageing Heera and South Heera fields at Mumbai offshore in the Arabian Sea. The re-development will enhance production with improved recovery and redistribution of water injection, pattern sweep a
The National Sea Rescue Institute (NSRI) rescued 11 fishermen from a burning boat off Mossel Bay harbour on Thursday, said a spokesperson. The 16-metre long Gurusan was five nautical miles off Gouritz and 17 nautical miles from the Mossel Bay harbour when it sent out a mayday at 5.45pm, reporting a
