Farstad Shipping received the Shipowner of the Year Award at the Offshore support vessel conference in London yesterday. The event is organised by Offshore Support Journal. Farstad also received the Innovation of the Year Award together with Rolls Royce Marine for a new cable lifter changing system.
Equipped with a hard hat and a neon orange vest, Ed Foxworth is used to criss-crossing the country to work on beach renourishment projects. But as a skilled laborer from Wilmington and a homeowner in Monkey Junction, he lept at the opportunity to work on Wrightsville Beach, the closest he’s worked t
Ports of Auckland faces further turbulence in container volumes despite signs of strong growth in the past two months. The company reported a 50 per cent lift in profit to $13.9 million in the six months to December 31, and was able to return a $9.9 million dividend to its sole shareholder, the rate
During last year production fell by 90 per cent and 75 per cent of all employees in the Tuzla’s shipyard industry had to leave their jobs, Hellenic Shipping reports. Half of the 46 shipyards are reported to be inoperative and only one contract with delivery in 2012 has been signed.
Following last December’s order, the only one in the world in 2009 and after a standstill of almost two years, Carnival once again chooses Fincantieri for its ships for the future. Fincantieri and the US cruise group Carnival Corporation & plc have reached an agreement to build two prototype ships f
A rig being towed to the Falkland Islands from Scotland should start drilling for oil and gas from next week, a company involved has said. The Ocean Guardian has been under tow by a tug since late November when it left Invergordon on the Cromarty Firth.
The investment arm of trouble UAE conglomerate Dubai World, Istithmar, has reportedly put London-based port and shipping agent Inchcape Shipping Service (ISS) up for sale, hoping to nab up to US$700 million. Advent International, Cinven, Charterhouse, Montagu, TPG and Kohlberg Kravis Roberts are amo
A wind power project on an island is OK, but turbines in the lake are not.The Jefferson County Board of Legislators’ Planning and… [mappress] Source: watertowndailytimes, February 17, 2010;
Deepwater Wind Rhode Island has hired David Muse as the company’s project director, where he will oversee the planning, logistics, procurement and management of the assembly and construction of the company’s planned offshore wind farms. Muse, a registered professional engineer in Texas, has more tha
It is very unfortunate that rather than address the clear-enough allegations of fraud and siphoning of public fund belonging to Imo people, the state governor, Ikeddi Ohakim, who has come to be known as IkedinnaKoboko chose to flog the daylight out of a journalist, Ikeena Iwuoha who against all odds
Indonesia’s Foreign Minister Marty Natalegawa said Monday Indonesia wanted Thai fishing firms to form joint venture with local companies if they wanted to continue operating in Indonesian waters. Marty told reporters that the joint operation was a key step toward eradicating illegal fishing.
Redundant staff are being re-employed and cancelled orders re-activated at the Warwickshire-based luxury-yacht builder Pearl Motor Yachts. During the heyday of 2008, Pearl was seeing revenues of £6.5m from selling around one boat a month to rich Brits.
Only 6 days to go to the big inauguration event for the Costa Deliziosa, the new jewel of the Costa Cruises fleet, which will be held in Dubai on February 23 in a unique and innovative ceremony staged by the Dubai Department of Tourism and Commerce Marketing (DTCM) together with Europe’s n.1 cruise
A campaign to save the eel, the continent’s most threatened common freshwater fish, may be breaking down because French fishermen are exporting too many baby eels to China, British conservationists fear. France holds up to 90 per cent of Europe’s eels, and French supplies are crucial for restocking
