Stolt-Nielsen Transportation Group (SNTG), a subsidiary of Stolt-Nielsen S.A. (NasdaqNM: SNSA; Oslo Stock Exchange: SNI), announced that it has reached agreement with the Kleven Floro yard in Norway for two 43,000 deadweight tonn parcel tankers for delivery in late 2007 and early 2008.
The Gulf Maritime 2005 is expected to generate deals worth over $40 million in its three-day run and will feature over 180 exhibitors from over 26 countries. The show is scheduled on April 18-20 at Expo.
A federal judge has sentenced the chief executive officer of an Iowa shipping company to 33 months in prison for directing the illegal dumping of 442 tons of fuel-contaminated wheat from a freighter into the South China Sea.
Neptune Orient Lines confirmed that it had agreed to sell its stake in cargo shipper Lorenzo Shipping to the Philippines’ National Marine Corp, as part of its efforts to focus on its core businesses. NOL will sell 28.7 percent of outstanding common shares and 82 percent of the redeemable preferred s
ABOARD THE DISCOVERY, Antarctica
Local boat builders, Destination Marine Services Sdn Bhd (DMS) is hoping to win contracts worth RM100 million from the government to build boats under the Ninth Malaysia Plan (9MP). The company’s managing director, Datuk Abdul Aziz Sheikh Fadzir, said that the company’s confidence in winning the con
SINGAPORE : Singapore’s marine and offshore industry is poised to turn another record performance this year. The country’s two largest shipyard groups – Keppel Offshore and Marine and SembCorp Marine – have secured S$3.3 billion worth of contracts in the first three months of this year alone.
MODEC announced on March 30 that the company started production in the Mutineer-Exeter field offshore Australia on March 29. The company constructed a floating production, storage and offloading (FPSO) vessel for Santos, a major Australian petroleum company.
Prosafe has been awarded a 30-day contract extension effective July 6, 2005 from SNEPCO (Shell Nigeria Exploration & Production Company) for the use of Safe Caledonia for DP hook-up/construction support to the FPSO Bonga in Nigeria.
Coast Guard and Homeland Security officials mustered in Pascagoula, Miss., on March 29 for the official keel-laying ceremony for the Coast Guard
Santos Ltd., Adelaide, has begun production from the Mutineer-Exeter oil fields off northwestern Australia, 150 km north of Dampier. The fields’ initial output is expected to be 70,000-90,000 b/d of oil with dual electric submersible pumps (OGJ Online, Feb. 17, 2005). Production from seven wells wil
A California woman and her son have sued cruise operator Holland America Line for unspecified damages after getting sick on a cruise where they said toilets overflowed and crew members were seen with prostitutes at ports of call. Bernice Oltman, 81, and her son, Jack Oltman.
Stelios Haji-Ioannou, the founder of discount airline EasyJet Plc, invested $20 million in a new low- cost cruise liner, EasyCruise.com, that will sail in the Mediterranean. EasyCruise.com will make its inaugural trip May 6 with a 170- passenger ship out of Nice and will take in ports including St.
Pirates attacked a Japanese-owned bulk carrier in the Malacca Strait and robbed the ship of its cash before escaping in a boat, a maritime official said. “The attack happened early Friday. They boarded the ship and robbed the safe,” Noel Choong, head of the Piracy Reporting Center of the Internation
