LONDON
LONDON — There was a shell-shocked mood in Europe this weekend as governments realized how dependent their economies have become on a very unreliable commodity: natural gas supplied by Russia’s energy monopoly OAO Gazprom.
Shanghai port has become the world’s largest cargo port, with processed cargo topping 443 million tons in 2005, higher than that of Singapore’s port, according to the latest statistics of the Shanghai Port Management Department.
The Korea Iron & Steel Association forecasts national steel demand to swell 1 percent to 47.4 million tons thanks to brisk market outlooks for autos and shipbuilding this year. Domestic crude steel production will drop 1 percent to 47.22 million tons due to the sluggish construction sector and ongoi
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Global subsea contractor, Subsea 7 today announced a contract award with a value in excess of US $85M million from BP Exploration Operating Co. Ltd. for subsea construction services.
The Dubai-based ETA-Ascon, a diversified group, plans to buy 76 new ships to expand the size of its fleet to 100 in five years, a report said. The total investment involved in this order will amount to $2.72 billion.
The U.S. Navy has awarded a $42.04 million contract to International Marine & Industrial Applicators LLC in Irvington for the painting and preservation of SSBN and SSGN class submarines.
According to the most recent report posted on the volvoocearace.org ABNAMRO ONE continues to hold her commanding lead, taking a few miles from the others at every position report.
Another good day for us here on ABN AMRO TWO, we have finally got the Pirates boat back in our sights and we have been reeling them in all morning. However, just as they were getting big enough that we could see the logos on their sails the fog descended upon us
SOUTH Korean regional container operator STX Pan Ocean recently made inroads into the Malaysian market with the inauguration of the Korea Malaysia Straits (KMS) Service.
Beyond Florida’s coastal waters are potential sources of energy besides oil and natural gas: The sun, the wind, waves and currents might also generate power. Someday, windmills could arise on the Gulf of Mexico. The Gulf Stream might turn generators.
By Kauveri Mondal, Mumbai: Cruise shipping today is one of the largest growing sectors globally with an annual turnover of more than 500 billion dollars. Around 9.6 million passengers were estimated to have been cruising around the globe last year.
ABB India has been awarded a turnkey order worth around Rs 430 crore to provide an enterprise wide Supervisory Control and Data Acquisition (SCADA) system for ONGC’s production and drilling facilities.
