Yamashiro Financial Services won federal bankruptcy court approval Wednesday to buy the gambling vessel Ocean Jewel from Titan Cruise Lines for $7.25 million.
CONCORD, N.H. –Gov. John Lynch is urging legislators to allow the state to spend money to promote and protect the Portsmouth Naval Shipyard.
PEARL HARBOR, Hawaii – The Sea-Based X-Band Radar (SBX) arrived in Pearl Harbor Jan. 9 for planned repairs and refurbishment, after completing a 15,000-mile journey from Corpus Christi, Texas aboard the heavy lift vessel MV Blue Marlin.
BHP Billiton is rushing to negotiate extra coal port access in Queensland following a collision between one of its coal loaders and a ship at its Hay Point terminal that will cut capacity at the terminal by 30 per cent for two months.
LONDON, England (UPI) — A state-owned company in Singapore has jumped into the bidding for Britain`s venerable ports operator Peninsular & Oriental Steam Navigation Co.
MacGREGOR will supply and install the cargo access equipment to Brittany Ferries
On 22 December 2005 a joint venture of the Unithai Shipyard and Engineering and Schelde Naval Shipbuilding (SNS) signed a contract with the Royal Thai Navy for the construction and delivery of a Multi Purpose Hydrographic Survey Vessel.
Petsec Energy has commenced production at the Main Pass 19 gas field in the Gulf of Mexico, USA from the three wells drilled in mid 2005. Initial production rates have been held at 15.5 million cubic feet of gas per day
Total announces that its wholly owned subsidiary, Total E&P Norge, has signed a sale and purchase agreement with ExxonMobil Exploration and Production Norway to acquire their entire 30% interest in the PL211 licence.
The increase in estimated earnings is resulting from improved average vessel utilization and dayrates in the Company’s Gulf of Mexico operations and several of its international operations.
Australian oil exploration firm, secured a US$100m seven-year financing to fund its share of the US$500m development costs of the offshore Chinguetti oil field in the Islamic Republic of Mauritania.
Sebastien Josse and his VOR team aboard ABN AMRO TWO have broken the 24 hour record run, pushing aside the previous record of 546 nautical miles set by senior brethren Mike Sanderson on ABN AMRO ONE during leg one of the Volvo Ocean Race.
I heard through the grape vine that there is a growing concern that these boats are dangerous and that we are being reckless out here. I just want to take this opportunity to say that I will happily sit down with anyone and explain…
GulfMark Offshore Inc. said Tuesday that it plans to build a second Aker PSV09 design vessel for a purchase price of about $30 million. Houston-based GulfMark (Nasdaq:GMRK) will be the majority investor in a joint venture for the construction of the vessel.
