TBS International plc (NASDAQ: TBSI) announced its joint venture, Log.Star Navegacao S.A., obtained an operational license in Brazil to provide domestic shipping services. Lof.Star is a Brazilian flag shipping company that will concentrate on the movement of breakbulk, bulk parcels, heavy lift, gene
At the Offshore Wind Conference 2010 in Liverpool, Scottish based SeaEnergy PLC signed a Letter of Intent with Ulstein Group to co-develop new service vessels for the offshore wind industry. As the offshore wind industry moves further from the coastline, new strategies are required to make these far
Following reports of the Clio-3 natural gas discovery, Chevron has discovered even more natural gas with the Sappho-1 exploration well in the highly prolific Carnarvon Basin offshore Western Australia. Drilled to a total depth of 4,696 metres, the Sappho-1 discovery well transacted 75 meters of net
Timber from Norway has been transported to Cardiff Bay to refurbish the city’s Norwegian Church Arts Centre. The cargo was brought from Cardiff’s partner region of Hordaland County by Tres Hombres, a topsail schooner. The ship is a specialist eco-freight carrier and part of a Dutch-based shipbroker
The decision to use Ecospeed was quickly made by the new owners of the cruise vessel m/v Astoria after they saw the excellent condition of Ecospeed on the underwater hull of another cruise vessel. The ship came into drydock after sailing with the coating for three years and needed only a few small t
Knight & Carver YachtCenter in the US recently took delivery of its newly acquired dry dock ‘Diligence’, which arrived at the company’s refit and repair operations in San Diego, California last week. The 4,000-tonne capacity dry dock made its way along San Diego Bay on the last day of June, guided b
Blasting will take place at a busy north-east harbour next week as work on a multimillion-pound port expansion enters its final phase. The massive Smith Embankment project at Peterhead is just weeks away from completion. Work to build a 650ft quay and 330ft breakwater at the busy Buchan port began i
COSCO Pacific, a port operator subsidiary of China’s state-owned shipping giant China Ocean Shipping Co. (COSCO), has signed a US$4.2 billion deal to take over management of Greece’s container port Piraeus. Cosco has signed a 35-year lease and will spend US$707 million to upgrade port facilities, bu
A Day after the federal government froze $30 billion worth of investment in Queensland’s liquefied natural gas sector comes news that Royal… [mappress] Source: Queensland Country Life, July 15, 2010;
E.ON AG, Germany’s largest utility, completed installing wind turbines at its 207-megawatt Roedsand- 2 offshore wind park in Denmark and … [mappress] Source: businessweek, July 15, 2010;
After six years of planning, the much-anticipated Manatee Pocket dredging project is set to begin Thursday in Port Salerno… By Nicole Rodriguez [mappress] Source: tcpalm, July 15, 2010;
Japanese energy giant Inpex Ltd’s Northern Territory liquified natural gas (LNG) project is another step closer to a start date, after the c… [mappress] Source: businessspectator, July 15, 2010;
Farstad Shipping Ltd., a wholly owned UK subsidiary of Farstad Shipping, has entered into an agreement to buy the platform supply vessel Seabed Viking. The vessel is a Havyard 832 CD (4000 DWT) built at Fjellstrand AS and delivered in February 2010. The vessel is a modern and environmentally friendl
On the coast of the Bay of Chaleur, a major New Brunswick port continues to out-do itself. For a fifth consecutive year, the Port of … [mappress] Source: timestranscript, July 15, 2010;
