Oil discovery number 10 has now been made in the BP-operated block 31 off Angola, where Statoil has a 13.33% interest. Named Urano, this discovery succeeds Plut
Perini Navi is proud to announce that next Saturday, May 6th, sailing yacht C.2069, a 45m sloop with a steel hull and aluminium superstructure, will be launched. The 52m mast is also in aluminium and will support -together with a carbon fibre furling boom- a 1163 m2 sail. As with all Perini Navi Sai
Oil production in Nigeria will be taking an upward leap as Erha deepwater production starts up, coming several months after Bonga, the first deepwater project in Nigeria went into production. Details of the commencement of the Erha production were not given but records show that Erha deepwater devel
Pirates were suspected to have been behind an attack on a Chinese vessel near a Philippine-occupied island in the disputed South China Sea last month, a Philippine military spokesman said Thursday. Four Chinese fishermen were killed and three others wounded in the attack on April 27 near Kalayaan Is
South Korea launched a new patrol boat on Thursday for deployment to Dokdo in the East Sea, maritime police said. The 3,000-ton Taepyeongyang-7 was commissioned at a shipyard in Pusan, the Korea Coast Guard said. Built by Hanjin Heavy Industries & Construction Co., the multi-purpose patrol vessel ha
To meet the strong level of market demand and to support the company
Further to the order, on 28th September 2005, for four Damen ASD Tugs 2810, Bourbon Les Abeilles has ordered another series of 4 sister vessels; the signing ceremony was performed during the ITS 2006 that took place in Rotterdam last week. The building will take place at Damen Shipyards Changde, Chi
At the Annual General Meeting today at Odense Steel Shipyard, Shipowner M
After many sightings, scientist aim to track down the S.S. Baychimo, a cargo steamer that remained afloat for decades after being abandoned, writes Randy Boswell. An Alaskan government project to locate and protect historic shipwrecks is raising fresh hopes of solving one of the most enduring myster
General Dynamics Robotic Systems in Westminster, MD received an $8.5 million cost-plus-fixed-fee completion pricing arrangement contract for two unmanned surface vehicle (USV) systems for the littoral combat ship anti-submarine warfare mission module. This contract contains options, which, if exerci
Twenty-seven people are still missing after their ship sunk off the coast of Port Alfred, the National Sea Rescue Institute (NSRI) said on Thursday. “The Fortune Express [a bulk carrier] has launched a lifeboat and her crew are continuing to search for survivors,” said search and rescue coordinator
Qatar Shipping Company (Q-Ship), which owns over 90% of the country
Parker Drilling Company (NYSE: PKD) today announced its financial results for the three months ended March 31, 2006. The Company reported that first quarter 2006 net income increased to $11.5 million, or $0.11 per diluted share, from 2005 first quarter net income of $3.9 million, or $0.04 per dilute
Nearly 350,000 people descended on the Inner Harbour for the waterfront festival in celebration of the Volvo Ocean Race stopover in Baltimore and were treated to not only the sight of the Volvo Open 70s, but also the spectacle of the Volvo Extreme 40 catamarans. The Volvo Extreme 40s are part of the
