McLean, Va., October 4, 2010 – Iridium Communications Inc. (Nasdaq:IRDM) today announced that it has signed the definitive Coface Facility Agreement to finance its next-generation satellite constellation, Iridium NEXT. The syndicate of nine banks is led by Deutsche Bank AG, Banco Santander SA, Socié
US authorities have now reopened 89 percent of federal waters in the Gulf of Mexico to fishing. The most recent opening is 5,628 square miles of Gulf waters off eastern Louisiana, just west of the Mississippi River delta. This is the seventh reopening in federal waters since July 22.
THIRTY one inshore vessels in south west UK are now equipped with a low cost Vessel Monitoring System (VMS). As a result they are currently reporting their movements every minute, as part of a 12-month pilot trial being run by Seafish, in conjunction with CEFAS, to monitor inshore fishing activity.
AT the High Court in Edinburgh today two fishermen pled guilty to offences of making false declarations regarding over £7million of fish that they landed. The offences, in contravention of sea fishing legislation relate to a number of illegal landings of mackerel and herring at Lerwick between 2002
The sale is worth approximately $4 million, but it totals $10 million including industry pre-funding, the company says in a statement. The company’s multi-client data library in the Barents Sea covers more than 16,000 km2 of 3D EM data. The company expects further co-called late sales and contractua
Origin Energy Ltd. and joint venture partner ConocoPhillips (COP) are considering halving the size of the foundation stage of their liquefie… (capital) [mappress] Source: capital, October 5, 2010;
Mordialloc Creek campaigners will meet Water Minister Tim Holding this Thursday in a bid to find the $7 million desperately needed to dredge… (mordialloc-chelsea-leader) [mappress] Source: mordialloc-chelsea-leader, October 5, 2010;
The C-NLOPB has approved an application by Corridor Resources Inc. to conduct a geohazard survey in the Maritimes Basin in the Gulf of St. Lawrence. The geohazard survey, which includes a four-day low energy seismic survey, will take approximately six days to complete. The mitigative measures that C
Residents of a Boeung Kak lake community joined a gathering in Phnom Penh on Monday to mark World Habitat Day, as their homes continue to be… (voanews) [mappress] Source: voanews, October 5, 2010;
BPZ Resources, Inc. announced today that the A-17D well in its Albacora field located offshore northwest Peru has been deemed a dry hole. As a result, the Company has made a decision to suspend drilling operations at Albacora until its planned 3D seismic acquisition program, originally started in 20
The real estate sector in Maharashtra foresees a loss of Rs 2,000 crore (Rs 20 billion) due to the ban on extraction of sand by the Bombay… (rediff) [mappress] Source: rediff, October 5, 2010;
Wärtsilä, the marine industry’s leading solution provider and Deltamarin, the foremost design company in the cruise and ferry market, announce the introduction of an innovative series of ferry designs. The designs are being presented during the 35th Interferry Conference in New York, 3-6 October, 20
Ennore Port is likely to approach the ministry of shipping for its approval for an Initial Public Offering (IPO) by the end of this month in a move to raise funds for business expansion. The decision was taken at an Ennore Port board meeting last month. The Ennore Port is the only corporatized major
Chevron Corporation announced today that it would begin purchases of its common stock in the fourth quarter 2010 under an ongoing share repurchase program approved by the Board of Directors and communicated previously. Chief Financial Officer Pat Yarrington commented, “Our sole focus in deploying ca
