Somali pirates have attacked an oil tanker some 1,000 nautical miles (1,850km) off the coast, the EU’s anti-piracy mission says. The Hong Kong-registered BW Lion managed to evade an attack by two fast skiffs, firing automatic weapons and rocket-propelled grenades, it says.
65th Italian enterprise in terms of sales (2.3 billion euros) and in 10th place as regards profitability, with net income of 402 million euros. Costa Crociere remains the largest Italian travel company and the only Italian cruise line ranked by Mediobanca. Costa Crociere S.p.A. stands out in the sur
After months of planning, a massive dredger has started preparation work on the bed of the River Tyne for a new vehicle tunnel. The 300ft (90m) Vesalius will create a channel in the riverbed between East Howdon and Jarrow, to house four prefabricated tunnel sections.
The Australian subsidiary of Ocean Power Technologies has received A$66.46m (£36.76m) from the Australian government to build a 19MW wave farm off the coast of Victoria. The money is expected to fund the construction of a wave power station capable of supplying energy for around 10,000 homes.
JFE Holdings Inc.’s shipbuilding unit, Japan’s second-largest by output, said plunging demand means it needs more time to assess a planned merger with IHI Corp.’s operations, 19 months after the tie-up was proposed. “We’d like to complete an assessment of the shipbuilding integration as soon as poss
Cross-Channel ferry firms have slammed Dover Harbour Board’s (DHB) rate increases for next year as “unacceptable”. Operators running services between Dover and France say rates should be frozen, or even reduced, because of the state of the market.
Fisheries experts say that Africa’s problems with overfishing and illegal fishing are costing African countries over US$1 billion a year and that those worst impacted by illicit activities were local small-scale fishermen. Speaking at an Environmental Justice Foundation event in London last week, th
We are pleased to announce a new service between East Med and Central Europe via the Adriatic Sea called Adriatic Levant Express or “ALEX”. We further enhance our existing extensive network in the Mediterranean by deploying two vessels on the new service to offer an innovative solution to the East M
Commerce Minister Faruk Khan urged the Danish businesspeople to invest in dredging sector, as presently the country requires many dredgers to maintain its rivers’ navigability… Source: The Daily Star, November 9, 2009;
China is hosting a two-day international conference to co-ordinate anti-piracy escorts for cargo vessels in the Gulf of Aden off Somalia. Representatives from Russia, Japan, India, the EU and Nato are focusing on how best to co-ordinate their navies in the escort missions. It is an indication of how
Russian import of fish and sea food is decreasing as measures aimed at promoting domestic production are gaining impact. Russian import of fish and sea food shrunk with 41 percent in the period January-October 2009 compared to the same period in 2008, B-port.com reports.
Plans to invest almost $40bn to triple port capacity across the oil-rich Arabian Gulf region are sailing against stiff global economic head winds, according to industry experts. Before the global financial crisis weighed heavily on international trade, developers in the Arab states of the Gulf had p
SeaBird Exploration Limited has been awarded a 2D contract for a survey off the east coast of India. The survey involves approximately 3,000 line km with an option for the client to extend the survey. The recently reactivated vessel Osprey Explorer will be deployed for the survey, commencing Decembe
Somali pirates stepped up their threats yesterday against a British couple kidnapped on their yacht 16 days ago, saying they would be “punished” unless the commanders of a German warship allowed seven fellow pirates go free. Paul and Rachel Chandler, from Tunbridge Wells, Kent, are being held in a v
