Daewoo Shipbuilding and Marine Engineering, the world’s second-largest shipyard by orders, aims to almost triple contracts for offshore… [mappress] Source: Emirates Business,May 18, 2010;
Closer scrutiny of offshore drilling and tougher regulations are unlikely to impact an oil pipeline Calgary’s Enbridge is planning… [mappress] Source: CalgarySun,May 18, 2010
Shenzhen Chiwan Wharf Holding, a port unit of China Merchant’s Group, have acquired a 40 percent stake in Laizhou port in Shandong province… [mappress] Source: chinadaily, May 18, 2010
Schaeffler has successfully completed the removal and replacement of a drive-end bearing on the pipe-storage and deployment reel on a Subsea 7 pipe-lay vessel, the ‘Seven Navica’. The replacement required Schaeffler engineers to conduct a survey on the condition of the bearing before removing the ex
The government’s new envoy to the restive Caucasus, Alexander Khloponin, said Friday that he would support oil companies such as LUKoil… [mappress] Source: MoscowTimes, May 18, 2010;
Ghana Ports and Harbours Authority (GPHA) has announced it is expanding the Takoradi port to get it ready to serve the needs of the oil and… [mappress] Source: ghanaweb, May 18, 2010;
DAMEN’s new Multi Purpose Vessel, particularly suited for oil spill response, is set to enter service in the next few weeks in Vietnam after undergoing successful sea trials. Kitted with two large sweeping arms, this is the first time an oil spill response vessel of this type has been operated in As
KALIBO, Aklan — Nearly two years after Typhoon Frank devastated the province of Aklan, the dredging activities of Aklan River are going full… [mappress] Source: thenewstoday, May 18, 2010;
The U.S. Coast Guard and U.S. Environmental Protection Agency (EPA) today announced they have authorized BP to use dispersants underwater… [mappress] Source: Epa,May 18, 2010;
The fallout from the Gulf oil spill has claimed its first casualty at the Interior Department. [mappress] Source: AP,May 18, 2010;
FLOOD defence bosses have refloated the idea of Hayling getting a breakwater which will not only protect the Island’s south eastern shore… [mappress] Source: haylingtoday, May 18, 2010;
As heavily indebted Greece slumps into a prolonged economic crisis, shipping industry players like Michael Bodouroglou are setting their course for Asian markets in the hunt for profits. “I would say it’s business better than usual. That’s primarily due to China. China has been importing raw materia
Japanese stocks fell, sending the Topix index to its third straight decline, as a drop in metals and oil drove down commodity-linked companies. Inpex Corp., the nation’s largest oil and gas explorer, slid 2.5 percent after crude oil dropped yesterday on concern Europe’s sovereign-debt crisis will de
DEME (AvH 50%) realized a clear increase of turnover and operational result in the first quarter of 2010, thanks to a good level of activity. The order book remained more or less stable and amounted to 2,060 million euros at the end of March, compared to 2,122 million euros end 2009.
