If there is surplus sand from a planned beach replenishment project this fall, it will likely be stockpiled until it can be allocated … By Victor Tine (gloucestertimes) [mappress] Source: gloucestertimes, July 21, 2010;
OGX Petróleo e Gás Participações S.A. , the Brazilian oil and gas company conducting the largest private sector exploratory campaign in Brazil, announced today that it has identified an oil‐bearing interval in the Albian section of well 1‐OGX‐15‐RJS, located in the BM‐C‐41 block, in the shallow wate
Spain continues to be the primary recipient of Norwegian LNG. The country has taken eight of the past 11 cargoes to be despatched from Norway’s Snohvit LNG train. The latest cargo was loaded aboard the Arctic Princess late last week and the vessel set off this morning for Bilbao, where it is expecte
BP believes an unspecified amount of hydrocarbons seeping from the seafloor near the leaking Macondo well is natural and unrelated to the test of its new containment system, a company spokesman said Monday. “We understand it’s natural seepage,” the spokesman said. The seepage is located at about two
Rolls-Royce has recently won orders to design and equip five offshore and special purpose vessels plus options worth in total around GBP80 million (US$122 million). Rolls-Royce has signed a contract with Italian shipyard Rosetti Marino for delivery of an integrated Rolls-Royce equipment system, incl
Lithuanian cabinet is to express its political will to build a liquefied natural gas terminal in the Lithuanian seaport of Klaipeda… [mappress] Source: alfa, July 20, 2010;
Most shipping at the port of Montreal has stopped amid a dispute over pay and conditions. Traffic halted when shippers locked out 850 dock workers after talks to resolve the dispute broke down.
Hapag-Lloyd Cruises is happy to announce the return of their Great Lakes cruises in 2011. MS COLUMBUS, built in 1997 was specifically designed to navigate the locks of the Great Lakes, and is therefore one of the few ocean-going cruise ships that can successfully travel through the wonderful scenery
Seven Alaska legislators have asked the state attorney general to oppose a two-year extension to a federal license for LNG exports from the… [mappress] Source: juneauempire, July 20, 2010;
Klaipeda Free Economy Zone (LEZ) has signed an agreement with a new investor Heidelberg Klaipeda for allocation of more than ten million … By Danuta Pavilenene (baltic-course) [mappress] Source: baltic-course, July 20, 2010;
China has recruited a flotilla of 500 fishing boats to help clean up an oil slick that shut one of its biggest ports, Dalian, disrupting refinery operations and diverting cargoes elsewhere, but officials said the port would not return to normal until the end of the week. A pipeline explosion and fir
Norway’s Rocksource ASA said today that the newbuild Maersk Deliverer rig has been fixed to drill a first well targeting a potential 400 million barrel prospect offshore West Africa. Rocksource said the rig is due to arrive on location in the first quarter next year to drill the first well in the AG
In an interview with the Financial Times CEO of Hanjin Shipping, Kim Young Min, has stated the company’s intention to make an assault on the dominance which rivals such as Maersk, CMA CGM and Hamburg Sud have in the West African and South American cargo markets. The Hanjin boss was speaking after th
With the Baltic Dry Index finally having reached bottom, at least according to market analysts, the dry bulk industry is looking to begin its long road of recovery in terms of hiring rates. After the first glimmer of hope received Friday with the halt of the BDI’s 35 day slide, Monday’s session was
