Odense Steel Shipyard has been forced to move its surplus newbuilding to a lay-up berth at Korsør on the isle of Sjælland. The newbuilding – hull no. 222 – has been ready for delivery since September, but so far no buyer has yet purchased the vessel to a weak marked for ro-ro tonnage. The vessel [&h
Since our last report on the current pirate situation there has been another mixed week of fortunes for freight vessels in the Gulf of Aden and beyond. On Christmas Day the MV Thor Nexus and her all Thai crew of twenty seven, was attacked and seized by an armed gang some 450 nautical miles North [&h
Keppel Offshore & Marine Ltd (Keppel O&M), through wholly-owned subsidiaries Keppel Shipyard Limited and Keppel Singmarine Pte Ltd, has clinched new contracts totalling S$240 million. These comprise the upgrading of a Floating Production Storage and Offloading (FPSO) vessel, the conversion of a live
DryShips Inc. (NASDAQ:DRYS) announced that it has entered into agreements with a first class Korean shipyard to purchase twelve high specification newbuilding tankers at a total purchase price of about $770 million, including over $3 million per vessel in extra items.
“Didja Ever” zip line across a rain forest? Catch air on a wave runner? Jump into an impromptu performance of Thriller between courses at dinner? Well, mark your new calendar for more fun and firsts! Carnival Cruise Lines unveiled its “Hey America, Didja Ever” campaign that inspires people to try ne
One of the largest aluminum sport yachts ever built, the new PJ 170 from Palmer Johnson Yachts measures 52.2m in length. Combining strong lines with sleek sophistication, the innovative PJ 170 offers state-of-the-art fire suppression systems from Sea-Fire Marine. A Sea-Fire H Series engineered marin
Norse Energy Corp has acquired a second rig to speed up its Herkimer drilling programme in the US. The Herkimer fields is estimated to hold up to 90 mmboe of natural gas. Oslo-listed NEC has aquired an option to use the services of a second Speedstar 185 drilling rig to speed up the Herkimer develop
1.753m tons of condensate were produced from Shah Deniz offshore gas condensate field in January-November, sources in SOCAR reported. By Rufat Abbasov (News.az) [mappress] Source: News.az, December 28, 2010;
Jakarta will launch a massive river dredging program for 13 rivers next year that is expected to reduce the pressure of flowing water by up… (thejakartapost) [mappress] Source: thejakartapost, December 28, 2010;
Reviewing a year’s worth of work can focus the mind on important developments. That seems especially true for wind power, which in 2010 was embraced by, among other organisations, Ikea, Google, Bacardi and the US Army. With those eclectic endorsements in mind, here are 10 developments from 2010 that
Iran is implementing 14 mega projects in its giant South Pars field that are scheduled to be completed in 35 months. [mappress] Source: Irandaily, December 28, 2010;
Following Qatar’s historic achievement of 77 million tonnes per annum (Mta) of liquefied natural gas (LNG) production capacity, reconfirming the country’s position as the world’s leading producer of LNG with the largest production capacity, RasGas has paid tribute to future of LNG at the Operations
ConocoPhillips spent $4.87 million in the third quarter to lobby the federal government on offshore drilling and other issues, according … [mappress] Source: Canadian Business, December 28, 2010;
Wind single biggest contributor to renewable electricity supply Reports 37% rise on Q3 2009 ‘Renewables within reach of the 10% target’ Energy statistics for quarter 3 of 2010 released today by the Department of Energy and Climate Change show biggest ever contribution from renewables to the United K
