Chongqing Transportation & Travel Group announced Tuesday that they will invest 2 billion yuan ($300 million) on buiding 10 world-largest and super-luxury cruise ships until 2012.
China-based Cosco Corp’s full-year net profit has more than doubled as revenue touched a record on robust orders for shipbuilding and marine engineering projects. Cosco’s net profit was S$248.8 million in 2010, compared with S$110.1 million a year earlier. Revenue rose 33 per cent to S$3.86 billion,
Terming new federal fishing regulations “ridiculous,” U.S. Rep. Frank Guinta yesterday promised local fishermen he’d work across party lines to develop a game plan to try to save the already endangered commercial fishing industry.
The term ”bent” is being used to described the state of the port of Lyttelton’s infrastructure after it suffered damage in yesterday’s quake. The port remains closed pending a full engineering assessment.
The designers of what is claimed to be the world’s largest cargo ship have said it will be the most energy-efficient vessel ever. Danish shipping firm Maersk this week ordered 10 of the 400m Triple-E craft, each of which, it is claimed, will carry 16 per cent more cargo and produce 20 per cent less
Subsea 7 has been awarded an engineering and installation contract by Chevron USA for the Tahiti Phase 2 development in the Gulf of Mexico. The Subsea 7 workscope is to install one 19-centimetre by 4,000-metre long flexible riser, one 10-centimetre by 1,400-metre long umbilical, five rigid well jump
The Board of Directors of A.P. Møller – Mærsk A/S has today released the Company’s Annual Report for 2010. The Annual Report is available at www.maersk.com. The printed Annual Report is expected to be available and sent on 3 March 2011 to the registered shareholders who have requested to receive suc
Rotterdam’s Gate terminal will be the first LNG import terminal in The Netherlands and DNV is assisting the developers to meet the safety and regulatory requirements set for this landmark project. The initiators of the project are Gasunie and Vopak and the terminal will have an initial capacity for
Community-based offshore wind developer Fisherman’s Energy is planning a 25MW demonstration project off the coast of New Jersey. [mappress] Source:windpowermonthly , February 23, 2011
Wood Group’s J P Kenny has been awarded a contract to perform detailed design for Amberjack Pipeline Company LLC’s Jack/St. Malo deepwater oil export pipeline in the Gulf of Mexico. Amberjack Pipeline Company LLC is a joint venture between Chevron Pipe Line Company and Shell Pipeline Company LP. Che
Even with a push in the United Kingdom to advance renewable energy, North Sea reserves will play a big role in the regional energy mix,… (upi) [mappress] Source: upi, February 23, 2011
Even with a push in the United Kingdom to advance renewable energy, North Sea reserves will play a big role in the regional energy mix,… (upi) [mappress] Source: upi, February 23, 2011
The world market for subsea hardware is set for strong growth over the forecast period to 2015, increasing by 23% compared to 2006-2010. Douglas-Westwood projections for global Capex for the period total $139 billion. Fields are being developed in deeper waters, from increasingly-remote locations an
Wilhelmsen Ships Service is providing a range of support services to the Gorgon project, Australia’s largest ever oil and gas project. Servi… (logisticsweek) [mappress] Source: logisticsweek, February 23, 2011;
