Legislation Would Exempt Containerized Coastwise Shipping from the Harbor Maintenance Tax CHARLOTTE, N.C., July 9 /PRNewswire-FirstCall/ — Charles G. (Chuck) Raymond, Chairman, President & CEO of Horizon Lines, Inc. (NYSE: HRZ – News), the nation’s leading domestic container shipping and integrated
SEATTLE, July 9 /PRNewswire/ — Considered a leader in Alaska tourism with more than 60 years experience in the region, Holland America Line’s 2009 Alaska cruise lineup includes eight ships sailing three different itineraries with 158 total departures. The premium line’s three major cruising itinerar
HAMILTON, BERMUDA–(MARKET WIRE)–Jul 9, 2008 — Teekay Corporation (Teekay) (NYSE:TK – News) today announced that it has, through its wholly owned subsidiary, TPO Investments AS (TPO Investments), exercised its right to effect the compulsory acquisition pursuant to Section 4-25 of the Norwegian Public
MIAMI, FL–(MARKET WIRE)–Jul 9, 2008 — Golden Dragon Holdings, Inc. (Other OTC:GDHI.PK – News) has signed a commercial shipping and logistic contract with CMA CGM Group.
HOUSTON, July 8, 2008 (PRIME NEWSWIRE) — Transocean Inc. (NYSE:RIG) today announced that its deepwater drillship Deepwater Pathfinder, a single-activity rig capable of drilling in water depths up to 10,000 feet, has been awarded a five-year contract by a subsidiary of Eni for drilling operations pri
A compressor module of the size of a medium block of flats and a total weight of 1,300 tonnes, will be lifted on board the Sleipner B platform in July. This is the heaviest lift StatoilHydro is carrying out this year. The compressor module for Sleipner B is being transported to the harbour in Hauges
According to the latest news reports from Beijing, China will be deploying unmanned aircraft or drones over its Olympic sailing venue in Qingdao during the Games to watch for suspicious activities. The state-run Xinhua news agency said that police tested one of the drones last Friday during a drill
The final countdown to the start of one of Europe’s premiere regattas, ACCBank Cork Week, has begun with the arrival of three of the world’s most competitive yachts into Cork Harbour. 90ft Rambler, skippered by George David from the US, Moneypenny and Numbers both 52ft long, also from the US and ski
News – July 9, 2008 Massive economic growth is driving major seaport expansion in the Middle East worth in excess of US$33 billion to handle record volumes of containers and bulk cargoes, say leading maritime industry observers. “The emergence of strong and diversified maritime companies and operato
Project Updates – July 9, 2008 More than 50 leading experts on dredging and land reclamation have lauded the environmental and safety record at The Pearl-Qatar after touring one of the country’s most significant urban developments being built exclusively on reclaimed land, Gulf Times reports. “I can
Plexus Holdings has won a contract from Sweden’s Lundin to supply its proprietary POS-GRIP® wellhead systems and mudline suspension. The potential value of the contract, which is subject to completion of relevant terms, is estimated at £500,000, with revenues commencing in the first quarter of 2009.
StatoilHydro is preparing to lift a 1,300 tonne compressor module onto the Sleipner B platform this month. The compressor module will be transported from Haugesund to the Sleipner B platform in the southern part of the North Sea. Sleipner B is normally unstaffed and is the smallest of StatoilHydro’s
The UK Government and the oil and gas industry need to work together to help ensure not only increased, but more productive investment in the UK offshore if the full potential of its remaining oil and gas reserves is to be realized, according to Oil & Gas UK. The industry body’s 2008 economic report
Russia’s Vyborg Shipyard has seen a ceremony to mark the start of construction on the first of two semi-submersible platforms which will be built to serve the Barents Sea Shtokman project. The keel laying ceremony for the semi-submersible floating drilling rig – dubbed SSFDR – took place watched by