Global port operator DP World says its profit rose 17 percent in the first half of the year as it saw signs that trade levels were picking up. The cargo company reported first-half earnings of $219.2 million, up from $187.7 million during the same period a year earlier.
Cruise Industry News has learned that Pullmantur has temporarily suspended Pacific Dream voyages due to engine problems on the ship while it was in Malaga earlier this week. Various news agencies are reporting that the August 22 sailing from Malaga has also been cancelled, with passengers offered va
The Jensen Maritime-designed river push boat, the M/V Stephenson II, has been delivered to the U.S. Army Corps of Engineers for use in Gascondale, MO, in the Corps’ Kansas City district. Jensen performed the functional design and production lofting of the ABS Classed, 58-ft, 770-horsepower boat, whi
Venezuela plans to continue shipping fuel to Iran despite the threat of U.S. sanctions. David Velasquez is Venezuela’s ambassador to Tehran. He says President Hugo Chavez’s government won’t be bullied into halting its gasoline shipments to Iran, one of Venezuela’s closest allies in the Middle East s
The State Cabinet has approved the proposal to set up Karnataka Maritime Board (KMB) for the overall development of the ports in the state, according to Fisheries and in-charge Minister of Dakshina Kannada Krishna J Palemar. Talking to mediapersons here today, Mr Palemar said the proposal would be s
The Australian Coalition has unveiled its policy for commercial and recreational fishing sectors ahead of the federal election on August 21, with measures to give greater representation to the fishing sector, increased investment in promoting a sustainable seafood industry, provide more funding for
China National Petroleum and Chemical Corp. (Sinopec Group), China’s second-largest oil company, announced on Aug. 19 that it put its first… (interfax) [mappress] Source: interfax, August 19, 2010;
A post-oil-spill delay in issuing new federal drilling permits in the shallow waters of the Gulf of Mexico, at first an inconvenience, has… (chron) [mappress] Source: chron, August 19, 2010;
Fisherfolk and residents in Laguna today scored a Belgian company for trying to block the P18.5-billion Laguna Bay Rehabilitation Project… (philstar) [mappress] Source: philstar, August 19, 2010;
General Electric Co.’s work to dredge the Hudson River of toxic chemicals its factories dumped into it for decades will likely take longer… By Paul Glader (online) [mappress] Source: online, August 19, 2010;
Novatek’s condensate shipment across the Arctic is a show of strength aimed at potential LNG customers in Asia… (energydelta) [mappress] Source: energydelta, August 19, 2010;
The UK’s Rockhopper remains optimistic about its drilling campaign offshore the Falkland Islands despite reporting that the 26/6-1 well… By Christopher Lenton (bnamericas) [mappress] Source: bnamericas, August 19, 2010;
The Cidade de Angra dos Reis FPSO vessel to be used by Brazil’s federal oil firm Petrobras (NYSE: PBR) on the offshore Tupi well is … By João Carvalho (bnamericas) [mappress] Source: bnamericas, August 19, 2010;
Indonesia expects Japan’s Inpex Corp to start construction of a $10 billion floating liquefied natural gas (LNG) plant next year in the Timo… (XE) [mappress] Source: XE, August 19, 2010;
