Australia: The fishery status reports for 2009 show a substantial improvement in the number of Commonwealth-managed stocks classified as “not overfished” and “not subject to overfishing”. The report, by the Australian Bureau of Agricultural and Resource Economics – Bureau of Rural Sciences (ABARE–BR
A Kenyan court in the port town of Mombasa jailed 11 Somali men to five years each for trying to hijack a Liberian-flagged ship last year, the European Naval force said on Thursday. The 11 were charged in relation to the attack on the MV Safmarine Asia in April 2009. An EU Navfor patrol ship [&helli
STX Europe AS is considering a listing (the “Listing”) of its offshore and specialized vessels division (“OSV”) on the Main Board of the Singapore Exchange Securities Trading Limited (the “SGX-ST”). Prior to the Listing, STX Europe AS will transfer ownership in the entities forming part of OSV to a
The fourth edition of this event was held at Calabar, located in Nigeria’s south-eastern Cross River State, between 22nd and 24th September. The event, organised and hosted by the Lagos-based Dredge Skills and Marine Training Centre Ltd, was attended by Nigerian dredging companies and dredgemasters,
OGX Petróleo e Gás Participações S.A. (“OGX”), the Brazilian oil and gas company conducting the largest private sector exploratory campaign in Brazil, announced today that it has identified hydrocarbons indicative of light oil and gas in the Santonian section of well 1-OGX-19A-RJS, located in the BM
STX Europe AS is considering a listing (the “Listing”) of its offshore and specialized vessels division (“OSV”) on the Main Board of the Singapore Exchange Securities Trading Limited (the “SGX-ST”). Prior to the Listing, STX Europe AS will transfer ownership in the entities forming part of OSV to a
THE Brass LNG Project may cost over $15bn, a top official in one of the shareholding companies involved in the project, told our correspon… (punchontheweb) [mappress] Source: punchontheweb, September 30, 2010;
INPEX CORPORATION is pleased to announce that through its wholly owned subsidiary, INPEX South Makassar, Ltd. (INPEX), it has been granted the approval of the Indonesian Government to acquire a 15% participating interest in the Sebuku Block from Pearl Oil (Sebuku) Limited (Pearl Oil). Sebuku Block i
The natural gas industry looks forward to working directly with the Climate Change Committee and as a member of its business roundtable to establish a policy response to climate change that is fair, national, environmentally effective, and able to deliver abatement at least cost. Chief Executive of
INPEX CORPORATION announced that through its wholly owned subsidiary, INPEX South Makassar, Ltd. (INPEX), it has been granted the approval of the Indonesian Government to acquire a 15% participating interest in the Sebuku Block from Pearl Oil (Sebuku) Limited* (Pearl Oil). Sebuku Block is located 30
Russia’s state-run United Shipbuilding Corporation may sell 20-30 percent of its shares in an initial public offering in 2013, USC President Roman Trotsenko said on Thursday. “It’s up to the government to decide but let me presume that the level of 25-30 percent is the optimal one. Perhaps, this wil
Actuant today reported sales of US$310.3m for its fourth quarter ended August 31, 2010, a 19 per cent gain compared to the same period a year ago. The company reported a net loss of US$16.8m compared to net income of US$16.5m a year ago. The loss was largely due to costs associated discontinued oper
Japan-based NYK Line is building a new slurry tanker for shipments of New Zealand ironsands to China and Japan. NYK and New Zealand Steel Mining Ltd (NZSM) — the local face of BlueScope, the former BHP conglomerate which controls the Glenbrook steel mill — have agreed to extend their current contrac
A week after maritime security forces warned ship owners of increasing piracy, a tanker owned by a UAE company has been hijacked by pirates in Somalia. The Panamanian flagged MT Asphalt Venture was seized around 100 miles South of Dar es Salaam after unloading its cargo of bitumen at Mombasa in Keny
