When Disney’s your name and a sailboat race around the world is your game, hiring a skipper might seem as simple as dialing up the biggest star you can find. This voyage has big bucks and glamour written all over it. The media giant is expected to shovel as much as $16 million into its […]
A shipping company operating on the new direct trade route between Shanghai and Darwin is planning a third trial later this year. Hai Win Shipping’s second shipment arrived at the Port of Darwin on Thursday, with freight for southern destinations.
Tinworth Limited, a company owned and controlled 50% by Prosafe ASA and 50% by Ganger Rolf ASA / Bonheur ASA, has entered into an agreement with Vaalco Gabon (Etame) Inc., extending the contract for the employment of FPSO Petr
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
