Listed energy services group Hunting PLC remains upbeat about the oil and gas sector in an interim statement issued today. Hunting chief executive Dennis Proctor said it was positioned to exceed full year market expectations of its performance.
Taiwan’s China Shipbuilding Corp (CSBC) and China’s Yangzijiang Shipbuilding Holding Ltd agreed to build cargo ships together. Under the agreement, the companies would jointly build freighters for Taiwan, Chinese and international clients with CSBC supplying the designs and Yangzijiang providing the
Chevron Corporation today reported earnings of $3.77 billion ($1.87 per share – diluted) for the third quarter 2010, compared with $3.83 billion ($1.92 per share – diluted) in the 2009 third quarter. Results in the 2009 period included gains of approximately $400 million ($0.20 per share) from upstr
A North Jersey shipping container company raised $95 million in the equity markets as it went public Thursday and began trading on the New York Stock Exchange. SeaCube Container Leasing Ltd. in Park Ridge is among the world’s largest lessors of shipping containers with more than 500,000 units used o
Weymouth and Portland National Sailing Academy was the base for a major yachting conference and unique event announcement last week. The conference centred on the future of Weymouth and Portland as a key international hub for high quality sports events and the business potential that can be unlocked
General Maritime has recorded a net loss of US$26.0 million for the three months ended September 30, 2010 compared to a net income of US$14.8 million for the same period in 2009. The decrease in net income was primarily the result of a 31.9 percent decrease in Time Charter Equivalent (TCE) rates to
The first liquefied natural gas (LNG) cargo will be delivered today to the new jetty at National Grid’s Isle of Grain LNG importation terminal. This begins the final stage of commissioning the £310 million Phase 3 expansion, on time and to budget, of the UK’s leading LNG terminal. It marks another m
Transport & Offshore Services -T.O.S.- is proud to deliver the trailing suction hopper dredger ISANDLWANA for IHC Merwede. The dredger (TSHD) has been built for Transnet National Ports Authority (TNPA), based in South Africa. The delivery of the ISANDLWANA is turnkey with a complete T.O.S. crew and
BMT Group Ltd, the international design, engineering and risk management consultancy will showcase its portfolio of offshore renewable energy support services on Stand 76 at RenewableUK 2010. BMT’s expertise enables the efficient and effective management of risk at every stage of planning, construct
On 21 October 2010, Maersk Supply Service Canada Ltd. took delivery of MAERSK NEXUS, Newbuilding Hull no. 152 from ASENAV, Chile.
Further to earlier reports concerning the financial position of the SMIT pension fund, Boskalis announces that the board of the SMIT Pension fund Foundation (Stichting Pensioenfonds SMIT) has informed the Board of Directors of SMIT that it intends to reduce the pension entitlements by 13.2% from 1 J
Liquefied Natural Gas Limited today announced activities report for the quarter ended September 30, 2010. Highlights • Gladstone “Fisherman’s Landing” LNG Project (Fisherman’s Landing LNG Project) – the Company continues to advance meaningful discussions with potential gas suppliers for its wholly o
There will be no large-scale beach nourishments this winter, but that doesn’t mean there’s no coastal protection in the works for the town’s… By William Kelly (palmbeachdailynews) [mappress] Source: palmbeachdailynews, October 29, 2010;
Two big projects in the City of Ithaca’s southwest — sediment dredging and a new 600-unit neighborhood — are both on hold pending a … By Krisy Gashler (theithacajournal) [mappress] Source: theithacajournal, October 29, 2010;
