OWNERS of the vessel that ran aground in Rotuma said yesterday there will be no oil spill because all fuel in the boat had been siphoned-off into 44 gallon drums. Kadavu Provincial Council chairman Ratu Josateki Nawalowalo urged people concerned to let common sense prevail. “When the boat was ground
It’s a scene played out often these days, and not just in Disney movies: A yacht or a ship is attacked at sea, the passengers and crew are beaten or killed and the modern-day pirates get away with valuable booty. Piracy is big business, costing mariners and insurance companies $16 billion annually,
Megayacht builder Christensen Shipyards, which had been considering the purchase of the former Vanalco aluminum plant, on the Columbia River, has abandoned that plan and decided to build a new shipyard, near Knoxville, Tennessee. Christensen
Oil traders and refiners on Thursday moved to dispatch prompt crude supplies to the U.S. West Coast, which will soon begin to feel the pinch of BP’s decision to shut down its massive Prudhoe Bay oilfield, traders said. Independent U.S. refiner Tesoro Corp. (TSO.N: Quote, Profile, Research), which ha
Oil traders and refiners scrambled on Thursday to move prompt crude oil and product supplies from Asia to the U.S. West Coast, anticipating tighter markets with the closure of BP’s massive Prudhoe Bay oilfield. The shipments gave more lift to Middle East sour crude prices and regional jet fuel diffe
With the closing successfully concluded on August 3, 2006, the takeover of Atlas Elektronik has now been consummated. In the first phase of the deal, ThyssenKrupp and EADS acquire 60- and 40-percent stakes in Atlas Elektronik, respectively. In a second step, to take place in the near future, EADS wi
A 35-year-old man died early this morning in Boulder Bay at Kodiak Island aboard a 32-foot fishing vessel, the U.S. Coast Guard said. The man fell out of his bunk convulsing, said Petty Officer Tiffany Farrell.
In the early hours of Wednesday morning the 49 boats competing in Rolex Baltic Week’s IMS Offshore World Championships divided in two divisions arrived back in Neustadt’s ancora Marina. The offshore race on a course zigzagging around the Bay of L
The Polar Pioneer drilling rig has now completed drilling and well operations on the Sn
BP is scrambling to move oil from across the world to make up for lost production at its Prodhoe Bay oilfield in Alaska, shipping industry sources and brokers said on Wednesday. On Tuesday half of the field’s output, some 200,000 barrels per day, was shut-in. London Brent crude oil prices hit a reco
Petroleo Brasileiro S.A. for work offshore Brazil and Petrobas America Inc. for work in Gulf of Mexico have signed a 5 year drilling contract with Larsen Oil and Gas Ltd of Aberdeen Scotland for the new build deepwater (3050m) semi-submersible drilling rig PetroRig 1. The contract will commence upon
Total announces that it has acquired a 10% interest in Scotrenewables Marine Power Ltd., (the sister company of Scotrenewables Wind Power Ltd), based in Scotland
There was a time when a schooner a week was launched from local shipyards, destined for the Gloucester fishing fleet. But in the last 11 years, there have been only three, the most recent in 2003.
Hamworthy moved ahead this morning as the marine and offshore fluid handling systems group said it has won further contracts with the Hyundai Heavy Industries for liquefied petroleum gas packages. The deal is to supply LPG packages for four very large gas carriers (VLGCs), including reliquefaction p
