Matthew Simmons, an international oil expert who most recently focused on developing renewable energy from the waters off Maine, died Sunday… By Tux Turkel (kjonline) [mappress] Source: kjonline, August 11, 2010;
With sea freight markets retreating both in the dry and the wet segments of the market during most of July, ship owners were reluctant to invest in acquiring more vessels, after the high level of sale and purchase activity, observed during May and June. According to the latest monthly analysis, prep
STX Norway Offshore has through its Brazilian subsidiary signed a contract with Norskan Offshore to build two AHTS-vessels (Anchor Handling Tug Supply) for delivery in 2012 and 2013. The vessels of the new AH 11-design from STX’s design office in Ålesund, are purpose built for deepwater operations.
The japanese ambassador to Angola, Kazuhiko Koshi Kawa, today highlighted the importance of the Port of Namibe to maritime transport in the west coast of Africa. Addressing the inaugural ceremony of the first phase of the rehabilitation of the Port of Namibe, financed by the government of Japan, the
Keppel FELS Limited (Keppel FELS) is on track to deliver ENSCO 8503, the fourth of seven ENSCO 8500 Series® semisubmersible drilling rigs being built exclusively for Ensco plc. ENSCO 8503 is scheduled to commence a two-year primary term with Cobalt International Energy, L.P. in the Gulf of Mexico in
Shipping Ministry would award 25 port projects of about Rs 800 crore under the ‘Public Private Partnership’ (PPP) scheme during the current… hellenicshippingnews [mappress] Source: hellenicshippingnews, August 11, 2010;
Santos today announced senior management appointments as the company continues to strengthen its leadership team. Peter Cleary will join Santos in the role of Vice President Strategy and Corporate Development. In his role, Mr Cleary will be responsible for the commercial, strategy and planning, corp
A sharp decline in global gas prices over the past two years is a source of concern to Qatar but it will not affect profitability of the Gul… (emirates 24/7) [mappress] Source: emirates 24/7, August 11, 2010;
The company attempting to build a liquefied natural gas terminal in Calais is asking the Maine Board of Environmental Protection for another… (pressherald) [mappress] Source: pressherald, August 11, 2010;
Essar Shipping Ports & Logistics has raised $280m by selling convertible bonds to its parent company, which will be used to acquire ships and expand ports. The parent company, Essar Shipping & Logistics, bought the five-year bond for $150m and another $130m for a seven-year security period. The comp
Authorities in Nigeria say they have ended a nearly three-week search for a worker who fell from a Transocean drilling ship off the coast… [mappress] Source: Canadianbusiness, August 10, 2010: [mappress] Source: canadianbusiness, August 10, 2010:
CSBC Corp., Taiwan’s biggest shipbuilder, said profit may fall this year as it works through low-margin orders placed by government-owned companies during the global recession. “There’s no money to be made from these contracts,” President Paul Tang said in an interview in his Taipei office yesterday
Fishing boats too will now sport unique registration numbers. An initiative of the department of fisheries in Dakshina Kannada will be replicated across India with the Union government giving its nod for the implementation of the 12-digit numbering system. The National Informatics Centre will have a
Aggressive cost-cutting moves by the Pentagon could free up more money for the strapped Navy shipbuilding budget, Defense Secretary Robert M. Gates said today. Gates announced that the Pentagon will seek immediate steps to start eliminating redundancy and duplication in the Defense Department, with
