The discovery of a possible oil reserve in the Gulf of Mexico may fuel cheaper gas prices. While harvesting the oil may be years away, it could mean that it
DFDS Seaways has purchased the passenger ship m.s. “Fjord Norway” from the Norwegian shipping company Fjord Line. She will be delivered 16 October 2006. After refurbishment and change of name, the vessel will be deployed on the previous Fjord Line route Bergen – Haugesund – Stavanger – Newcastle fro
At a time of year when work can dry up, South Hampton Roads
Trico Marine Services, Inc. announced today that it has reached an agreement, effective September 1, 2006, to build two GPA 640, 210′ offshore supply vessels for a total cost of approximately $35 million. The vessels will have diesel electric propulsion and class 2 dynamic positioning systems. Bende
Gassled has decided to assign the technical service provider (TSP) tasks for the Langeled pipeline system to Statoil from and including 1 September 2006. Statoil will then become responsible for the daily operations of the 1,200-kilometre Langeled, the world’s longest subsea pipeline. Langeled, the
The Dung Quat shipyard has imported 1,500 tonnes of steel, the first shipment of steels for the construction of a 100,000-tonne oil tanker. The oil tanker will be the first ship built by the new Dung Quat Shipbuilding Industry Corporation in the Dung Quat economic complex, the largest of its kind in
New vessel construction will return to the Portland Shipyard for the first time in years under a contract announced Tuesday. New venture U.S. Barge expects to deliver its first ocean-going barge to Young Brothers Ltd. in Hawaii in September 2007. U.S. Barge is co-owned by Vigor Industrial and Oregon
Texas has a strong maritime and naval tradition. The latest chapter was on display this weekend. Escorted by the 19th century tall ship Elissa, the Navy’s newest fast-attack nuclear submarine entered Galveston Monday. The nuclear-powered USS Texas is to be commissioned Saturday by first lady Laura B
Chevron Corp. and two partners said Tuesday that they had tapped a potentially huge new source of oil in the Gulf of Mexico’s deep waters, fueling hope that further discoveries in the region could help ease the nation’s oil supply woes. The successful test of one of the deepest oil wells ever drille
In the face of reduced net profits for the six months ended 30 June 2006, Namibia
The commission, responsible for coordinating fishing policy among the 25 European Union nations, yesterday proposed quotas to ease the rate at which cod stocks are declining by 10% a year and raised catches of other types of fish. The commission also wants to reduce the number of fishing days for la
At least 10 people are believed to have died after a boat on which they were travelling sank on Lake Kivu in the eastern Democratic Republic of Congo. A further 30 people are reported missing, and a search for survivors is still going on.
L-3 Communications Holdings Inc., which provides satellite, marine and avionics communications systems, said Tuesday it received two contracts with the U.S. Navy for $39.4 million to extend service on five ships. The service life extension program has a maximum contract value of $94 million and exte
The Indian Navy is looking to indigenise its future requirements. Having around 135 commissioned ships in its inventory, the Navy is planning to build around 35 more ships indigenously. The Indian Navy is keen to retain its Blue Water – ocean going – character. The ratio of Blue Water to Brown Water
