The Environmental Protection Agency (EPA) in Australia says its decision to approve the extraction of 15 million cubic metres of sand from the Moreton Bay Marine Park is based on years of research. According to local press reports, Caloundra city councillor and a former member of the Beach Protectio
As main automation contractor, Emerson experience in international project management will provide co-ordination and consistency between the Total Akpo FPSO contractors in Europe and Korea. Emerson Process Management has announced that it has been chosen as main automation contractor (MAC) for the T
Rowan Companies yesterday announced that it has been awarded term drilling contracts for two Class 116-C jack-up rigs to begin operating offshore Qatar in late 2006 or early 2007. Each contract is for a two-year term and contains an option for one additional year. Each rig is currently under contrac
Venezuela opened on Tuesday global bidding for licenses to explore and run four potentially gas-rich offshore blocks, attracting 30 companies from across the world, Energy Minister Rafael Ramirez announced. The announcement comes as Venezuela, home to the largest gas reserves in South America, wants
Calgary, Alberta – John C.S. Lau, President & Chief Executive Officer, Husky Energy Inc., announced that the Company has signed three petroleum contracts with the China National Offshore Oil Corporation (CNOOC) for exploration blocks in the South China Sea, China. The three exploration blocks cover
Dubai is studying investment potential in Panama, which could include a stake in plans to widen the Panama Canal, Emirates Today reported. Opportunities also exist in developing new port facilities, industrial zones, shipyard and dry dock facilities, real estate projects and a commodities exchange,
Aker Yards ASA reported a record high EBITDA of NOK 382 million for the second quarter of 2006, an increase of 59 percent compared with the second quarter of 2005. Order intake in the second quarter was NOK 4 669 million. In addition NOK 14 billion was added from the acquisition in France at closing
After a five-day cleanup effort, the Environmental Response Unit of the Canadian Coast Guard announced yesterday that 29,000 litres of oil, spilled in the port at Squamish, has either been recovered or washed up on shore. “The response organizations and the coast guard were all on scene within a cou
The Waverley is among the last sea-going steam ships in the world. She has hit the headlines again after running aground on Monday at Girvan Harbour during a routine summer excursion with 740 people on board. Clyde-built and launched in 1947, she replaced the previous Waverley which was sunk at Dunk
PORTLAND, Maine – The only container ship to regularly call on Portland has been seized in Canada, causing a disruption in the movement of cargo reminiscent of an episode two years ago, officials said. The K-Wind has been held in Canada since July 24 because of a financial dispute between the ship’s
welcome aboard the 126-metre Octopus, the luxury yacht belonging to Microsoft billionaire Paul Allen. It’s so large it cannot dock in ports on the French Riviera. Instead, it anchors several kilometres out to sea where a satellite-navigation system allows it to float in the same place without an anc
A collision between a tug boat and a commercial fishing vessel has left two fishermen with minor injuries. The incident happened about 11:25 Tuesday night in Seymour Narrows. The injured crew members are being taken to Campbell River by the Coast Guard Vessel Point Race One.
A 1,500lb Second World War bomb has been detonated off the Suffolk coast – creating a 300ft plume. The German air drop mine was trawled up by a fishing vessel on Monday afternoon, before being placed back on the sea bed, about one mile off the coast of Shingle Street, near Woodbridge.
Vripack Yacht & Ship Brokers proudly announces the sale of the 151 foot Palmer Johnson Expedition Yacht Turmoil, in conjunction with listing broker, Sparkman & Stephens. Turmoil has found a European owner, who will bring her across from the USA very soon. Vripack is particular pleased with the sale,