The STX Europe shipyard in Turku has received its second order for building a vessel since the autumn handing over to the client of the world’s largest cruise liner Allure of the Seas. On Tuesday, STX and the Finnish cargo firm Gaiamare signed a contract on constructing a multi-purpose deck cargo ve
The residents of Dover have voted overwhelmingly in favour of a plan to try to buy the town’s port. In a referendum organised by the Dover People’s Port Trust, 5,244 people voted in favour, with 113 against.
Cruise lines say they are seeing an increase in business from the Middle East corporate market. Four major cruise companies – Royal Caribbean, Silverseas, MSC Cruises and Costa – are all exhibiting at the Gulf Incentive Business and Travel show in Abu Dhabi (GIBTM) for the first time next week in a
Several exploration companies have agreed to back a new 3D offshore seismic survey on the UKCS which will encompass the recent Catcher field area discoveries. Norway’s Polarcus is starting the new multi-client acquisition programme over UK quadrant 28 where the Catcher, Varadero and Burgman discover
South Korea has built the world’s first “smart vessel” that can enhance operational efficiency and reduce management costs for shipping lines, the government said Thursday.The ship built by Hyundai Heavy Industries Co.incorporates a new ship area network (SAN) system developed by the state-run Elect
OAO NOVATEK announced today that it has executed a call option agreement for the right to purchase the remaining 25.1% stake in Yamal LNG for USD 526 million which is valid until 1 July 2012. The Company paid USD 15 million for the call option, which is included in the option price. NOVATEK currentl
Evergreen Line has launched a weekly Thailand-Malaysia-Indonesia (TMI) service, which will replace the existing Indonesia-Malaysia (IS1) service. According to Evergreen, the inauguration of the TMI service is in line with the increased demand to serve the domestic consuming markets of Thailand, Mala
The Egyptian government is examining contracts for natural gas sales that are linked to the prices of Brent crude, the petroleum minister sa… (upi) [mappress] Source: upi, March 24, 2011;
APM Terminals’ Pier 400 Los Angeles facility, the largest container terminal in the Port of Los Angeles, was awarded First Place for the fourth consecutive year in the Pacific Maritime Association’s Coast Accident Prevention Awards ceremony in the category of Terminal Operations, Group A, representi
Salter led the University of Edinburgh team that designed and developed Salter’s Duck wave energy converter in the 1970s. (renewableenergyfocus) [mappress] Source: renewableenergyfocus, March 24, 2011
To expedite water flow, Jakarta Public Works Agency to carry out trash cleanup and dredging mud along East Flood Canal (KBT) since late… (beritajakarta) [mappress] Source: beritajakarta, March 24, 2011
OAO NOVATEK today announced the results of its Board of Directors meeting to recommend to the Annual General Meeting of Shareholders to approve dividend payments on the Company’s shares in the amount of RR 2.5 per ordinary share. The Board’s Corporate Governance Committee recommended the dividend pa
Indonesia’s oil and gas watchdog BPMigas has cancelled a spot tender for six liquefied natural gas cargoes in favour of re-directing them to… [mappress] Source: forexyard, March 24, 2011;
The Government will invite tenders for operating and managing the new cruise terminal at Kai Tak tomorrow. (7thspace) [mappress] Source: 7thspace, March 24, 2011