Somali pirates have released a Taiwan fishing boat along-with its 28-member crew nearly eight months after it was hijacked off the coast of the Maldives. Sri Lanka’s Foreign Ministry, which helped the Council of Agriculture and three international anti-piracy groups to rescue the vessel Taiyuan 227
A huge festival of international yachting and watersports has just been celebrated in Düsseldorf. The 250,500 visitors from over 60 countries, 10,300 more than in the previous year, were an assurance of satisfied exhibitors and an upbeat mood in the exhibition halls at boot Düsseldorf 2011, which en
United Solar, a manufacturer of light-weight, flexible thin-film solar modules, announced that their Uni-solar® brand photovoltaics have been installed on Royal Caribbean’s Allure of the Seas cruise ship. Royal Caribbean International launched the Allure of the Seas out of Port Everglades in Fort La
The ES Group is one of the latest Singapore firms to ride on the surging ship-building industry in Asia. Run by brothers Ken and Christopher Low, ES Group is a medium-sized company and employs 1,200 people. The firm builds and repairs vessels such as tugs, barges, offshore support vessels, parts of
Belfast Harbour and the Danish renewable energy company, Dong Energy, have signed a letter of intent to transform a 50-acre area of the harbour into a offshore wind turbine manufacturing complex. The Harbour is looking to fund the construction of a 450m quay at a cost of GBP40m, creating 150 constru
The completion of a Dh1.5 billion, 53km long channel announced yesterday will allow larger carriers to access Musaffah Industrial Area from the Arabian Sea, boosting shipping capabilities. “This project is a quantum leap for the economy of the country,” said Dr Sultan al Jaber, chairman of the Abu D
Freight rates are poised to rise after tumbling to a two-year low as owners of ships hauling coal and iron ore scrap the most vessels in at least 28 years. A total of 38 capesizes, carriers three times the size of the Statue of Liberty, will be demolished this year, according to Clarkson Plc, the [&
The overall project cost for the multi billion Kina, PNG LNG Project is expected to increase significantly with the temporary shut down of e… (islandsbusiness) [mappress] Source: islandsbusiness, February 2, 2011;
Marathon Oil Corporation announced today a $5.267 billion capital, investment and exploration budget for 2011, consistent with prior guidance and a 9 percent increase from 2010 capital spending. “Having completed a number of major investment projects over the last few years, Marathon’s 2011 budget h
Working meeting between Company’s Chief Executive Officer Alexei ZAGOROVSKIY and Governor of the Arkhangelsk office Ilya MIKHALCHUK was held on the 31st January at the SHTOKMAN DEVELOPMENT AG Moscow office. The meeting was dedicated to review of the results of the activities performed by the Arkhang
Global wind power installations increased by 35.8 GW in 2010, according to figures released by the Global Wind Energy Council today. This brings total installed wind energy capacity up to 194.4 GW, a 22.5% increase on the 158.7 GW installed at the end of 2009. The new capacity added in 2010 represen
Global wind power installations increased by 35.8 GW in 2010, according to figures released by the Global Wind Energy Council today. This brings total installed wind energy capacity up to 194.4 GW, a 22.5% increase on the 158.7 GW installed at the end of 2009. The new capacity added in 2010 represen
One year down and the Chevron-operated $43 billion Gorgon LNG project is taking shape on Barrow Island thanks to local and international con… (perthnow) [mappress] Source: perthnow, February 2, 2011;
Finnish oil and gas companies intend to get a stake in the Yamal LNG project… (barentsobserver) [mappress] Source: barentsobserver, February 2, 2011;
