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Business & Finance

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NOAA Seeks Public Opinion on Expanding Two National Marine Sanctuaries
Business & Finance

NOAA Seeks Public Opinion on Expanding Two National Marine Sanctuaries

NOAA’s Office of National Marine Sanctuaries announced today it will begin a public process to review the boundaries for its Gulf of the Farallones and Cordell Bank national marine sanctuaries off northern California. The agency is soliciting public comments on this boundary review through March 1.

about 13 years ago
Nigeria: CHEC Nabs Apapa Port Contract
Business & Finance

Nigeria: CHEC Nabs Apapa Port Contract

On December 4, CHEC won the bid for the multi-purpose terminal project of Apapa Port on Greek Road, Nigeria, with a contract value of 78 million USD and a construction period of 20 months. Located in Apapa Port in Lagos State, Nigeria, with a terminal length of 580 meters, the project involves a con

about 13 years ago
Mermaid Maritime Reports Positive Results (Thailand)
Business & Finance

Mermaid Maritime Reports Positive Results (Thailand)

Mermaid Maritime Public Company Limited (“Mermaid”) reported net profits of Baht 86.0 million in the financial year that ended on 30 September 2012 (“2012”), the first positive result since 2009. Net profits increased 153.3% compared to net losses of Baht 161.3 million in the financial year that end

about 13 years ago
Algoma: First Equinox Class Vessel Launched (Canada)
Business & Finance

Algoma: First Equinox Class Vessel Launched (Canada)

Algoma Central Corporation (“Algoma”) announced the launch of the first vessel in its new series of Equinox Class vessels designed for service on the Great Lakes – St. Lawrence Waterway. The vessel will be named Algoma Equinox. The launching occurred at 07:28 local time, December 24, 2012 at the Nan

about 13 years ago
TAP Granted Status of “National Importance” in Albania
Business & Finance

TAP Granted Status of “National Importance” in Albania

Trans Adriatic Pipeline (TAP) is granted the status of “National Importance” by the National Territorial Council chaired by Albanian Prime Minister, Sali Berisha. This clears the way for the drafting of the National Sectorial Plan for the TAP Project. The drafting of this document will be led by the

about 13 years ago
IMB: Somali Pirates Release Crew of MV Iceberg 1
Business & Finance

IMB: Somali Pirates Release Crew of MV Iceberg 1

A vessel’s crew hijacked almost three years ago by Somali pirates has been freed, says the ICC International Maritime Bureau (IMB). After 1000 days in captivity the 22 remaining crew of the MV Iceberg 1 were freed as a result of a two-week operation by the Puntland Maritime Police Force (PMPF) in Ga

about 13 years ago
Russia: FSUE “Rosmorport” General Director Receives Another Award
Business & Finance

Russia: FSUE “Rosmorport” General Director Receives Another Award

On December, 21 2012 with the support of the FSUE “Rosmorport”, in the framework of the joint meeting of the Federal Agency of Marine and River Transport Council and the Rosmorrechflot Public Council, the solemn transport sphere awards ceremony “Gold Chariot” took place. The FSUE “Rosmorport” Genera

about 13 years ago
China: Dongtan Dredging Contract Awarded to CCCC Shanghai
Business & Finance

China: Dongtan Dredging Contract Awarded to CCCC Shanghai

Recently, CCCC Shanghai Dredging Co., Ltd. has won the bid for Section III of Phase 1 of the dredging project in Dongtan, Nanhui District, Shanghai, with a contract value of 951 million yuan and a construction period of 730 days. Located in Meimaosha waters in the south of the dredging zone outside

about 13 years ago
UK: 2012 Another Remarkable Year for EMEC
Business & Finance

UK: 2012 Another Remarkable Year for EMEC

Demand for access to wave and tidal test sites at the European Marine Energy Centre has never been higher as the pioneering Orkney based facility gears up for its tenth anniversary year. All 14 of EMEC’s test berths – at its Billia Croo and Fall of Warness wave and tidal sites – are now contracted [

about 13 years ago
Lundin Norway to Drill 8/5-1 Exploration Well
Business & Finance

Lundin Norway to Drill 8/5-1 Exploration Well

Lundin Norway AS (Lundin) has received consent to drill exploration well 8/5-1 in the southern part of the North Sea. The well will be drilled with the Mærsk Guardian mobile facility. The Petroleum Safety Authority Norway (PSA) has granted Lundin consent to carry out exploration drilling of well 8/5

about 13 years ago
China: CCCC Second Harbor Bags Wuhan New Port Deal
Business & Finance

China: CCCC Second Harbor Bags Wuhan New Port Deal

On December 17, CCCC Second Harbor Engineering Co., Ltd. won the bid for the civil works of Phase 1 initial works of No. 3 operation zone of Yangluo area, Wuhan New Port, with a total contract value of 378 million yuan and a construction period of 30 months. Located at Wuhan Yangluo Economic Develop

about 13 years ago
CCCC Shanghai Dredging Wins Diaoliang Land Forming Project (China)
Business & Finance

CCCC Shanghai Dredging Wins Diaoliang Land Forming Project (China)

On December 14, CCCC Shanghai Dredging Co., Ltd. won Section III of the reclamation works of Zone B of Phase 1 land forming project in Diaoliang, Xingang Park, Zhejiang Zhoushan Economic and Development Zone (ZSEDZ), with a contract value of 235 million yuan and a construction period of 205 days. Lo

about 13 years ago
Russia: RS, GTT Joint Research to Ensure Safety of LNG Carriers in Freezing Seas
Business & Finance

Russia: RS, GTT Joint Research to Ensure Safety of LNG Carriers in Freezing Seas

RS considered the possibility of application of membrane cargo containment systems, developed by GTT, on Ships Carrying Liquefied Gases in Bulk (LNG carriers) in the ice conditions of Russian Arctic. As a result of joint research, it was concluded that the membrane cargo containment system can be us

about 13 years ago
New Agreement with Noble Speeds Up Gabriella Well Drilling (Israel)
Business & Finance

New Agreement with Noble Speeds Up Gabriella Well Drilling (Israel)

Adira Energy Ltd. announced that further to its press release dated June 23, 2012, Modi’in Energy L.P (“Modi’in”) signed an addendum to the detailed drilling contract (the “Addendum”) it has with Noble International Limited (“Noble Drilling”) in respect of the Company’s Gabriella licence (“Gabriella

about 13 years ago
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