Russia sent its first cargo of liquefied natural gas (LNG) to Japan on Sunday from a Pacific island project that will allow the Kremlin to extend its reach in world energy markets from Europe into Asia and North America. Sakhalin Energy, controlled by gas export monopoly Gazprom, loaded the 145,000-
Nigeria’s targets of 4 million barrels per day (mbpd) of oil production and 40 billion barrels of reserve by 2010, grossly threatened by sabotage attacks in the Niger Delta, may yet be achieved, thanks to the nation’s bludgeoning deep offshore fields. On-shore oil production has continued to suffer
This superb and stylish new stainless steel handrail section from Timeless Ltd has been developed with both the marine industry and the ecology in mind. This may sound to some like a contradiction in itself, but not for innovator, Malcolm Cole, who has spent the last 2 years working on perfecting th
Recently honored with the Best Power 40m-65m award 2008 by the International Superyacht Society, the 44.65-meter (146’ 6”) Feadship Harle is a motoryacht of uncompromising beauty and grace. Built by Feadship/Royal Van Lent, this superb vessel completely validates the ideas behind the custom-series F
Moonen Shipyards, builders of a full line of motor yachts up to 150 feet, is pleased to announce that one of its “pocket-size superyachts” has come home for a truly extraordinary refit, well beyond the usual “tuning up.” Launched in 2003, the Moonen 84 Moon River (ex-Moon Bels) has a new owner who,
It is a major benchmark but still a bittersweet time in the history of the Lower Fox River. The largest portion of the country’s largest government-ordered river clean-up project is scheduled to start in May. The entire project is expected to span nine years and cost $600 million. Georgia-Pacific, N
SMIT and British Petroleum (BP) have reached a settlement agreement with regard to the salvage services rendered to the semi-submersible rig “Thunderhorse” in the Gulf of Mexico, following evacuation in anticipation of the approach of hurricane “Dennis” in July 2005. The positive impact of this sett
The Japan Bank for International Cooperation signed an untied loan agreement totaling up to $357 million to finance South Africa’s project to expand the Port of Durban. The loan agreement was signed on March 26 between JBIC and Transnet, South Africa’s wholly state-owned freight rail, ports and pipe
Pirates have seized two European-owned tankers off the coast of Somalia in the past day, officials have said. The Greek-owned vessel Nipayia, with 19 crew on board, was seized on Wednesday, the Nato Shipping Centre said. The Norwegian-owned tanker Bow Asir was captured by pirates on Thursday. It had
New Yorkers are worried about a proposal to create a man-made island off the Rockaway shore to store and process liquified natural gas. The island would be at least 60 acres at the surface and more than 110 acres at the ocean floor, according to the Atlantic Sea Island Group. It would use fill from
The oil transit pipeline connecting Bulgaria’s port of Burgas and Greece’s Alexandroupolis should be completed at the end of 2012. This new deadline was set Tuesday by representatives of the Russian company Transneft who met with the Bulgarian Prime Minister Stanishev, and the Regional Development M
Skanska has concluded an agreement with the City of Malmö to construct a major port facility in Norra Hamnen (North Harbor) in Malmö for the Copenhagen Malmö Port AB (CMP) port company. The contract amounts to SEK 840 M, which is included in order bookings for the first quarter of 2009. The project
State-run Dredging Corporation of India Ltd (DCI) has reportedly attracted only one bid in response to a tender it floated last year to buy three 5,000m3 trailing suction hopper dredgers. Livemint.com said DCI currently has a fleet of 12 dredgers with a capacity to dredge 80 million cubic metres a y
Royal Haskoning has announced that it is working on the EKO Atlantic City seaward reclamation project in Lagos and the recovery of the seriously eroded coastline in the vinicity. This enormous land reclamation project (800 hecatres) will provide accommodation for up to 400,000 residents and 200,000
