Maersk Line is pleased to announce that has today the company has signed an agreement with Daewoo Shipbuilding and Marine Engineering Co. Ltd. in Korea for the delivery of 16 container vessels in 2010-12. The vessels have individual capacities of 7,450 TEU (twenty-foot equivalent unit) and they are
HAMILTON, BERMUDA–(MARKET WIRE)–Jul 3, 2008 — Teekay Corporation (NYSE:TK – News) announced that its Board of Directors has voted to declare a cash dividend on its common stock of $0.275 per share, payable on July 25, 2008 to all shareholders of record as at July 11, 2008.
MOBILE, Ala.–(BUSINESS WIRE)–International Shipholding Corporation (NYSE: ISH – News) today announced it has been added to the Russell 2000® Index and the Russell 3000® Index after the Russell Investment Group reconstituted its comprehensive set of U.S. and global equity indexes on June 27, 2008. It
HOUSTON, July 2, 2008 (PRIME NEWSWIRE) — Transocean Inc. (NYSE:RIG) today announced that its deepwater moored semisubmersible Transocean Marianas, capable of drilling in water depths up to 7,000 feet, has been awarded a two-year contract by a subsidiary of Eni. The contract is scheduled to commence
Subsea 7 (OSE Symbol: SUB), one of the world’s leading subsea engineering and construction companies, announced today that it has been awarded its largest contract to date in Africa. The contract is a framework agreement with call-off services in support of a major development programme in offshore
Plant provides reliable source of steam to refinery BP Alternative Energy today announced that it has acquired the Whiting Clean Energy facility, a 525 megawatt (MW) natural-gas fired combined-cycle cogeneration power plant located in Whiting, Indiana, USA. The plant was acquired for $210 million fr
The Rolex Commodores’ Cup took on a different complexion today both in terms of the racing and the weather. The offshore race set sail at 10.30 from the Royal Yacht Squadron line off Cowes, but rather than the welcome sunny 10-20 knot conditions of the past two days was in three to five knots of [&h
HAMILTON, Bermuda–(BUSINESS WIRE)–Textainer Group Holdings Limited (NYSE:TGH – News) (“Textainer”), the world’s largest lessor of intermodal containers based on fleet size, today announced that Textainer Marine Containers Limited (“TMCL”), Textainer’s primary asset owning subsidiary, extended and in
Survey & GPS – July 3, 2008 The Institute of Harbour and Marine Technology (IHMT) in Taiwan has selected CARIS Bathy DataBASE software for management of large bathymetric data sets, interoperability and distribution. The major duties of the IHMT include: research and development of harbor and ocean-
New Vessels – July 3, 2008 Damen Shipyard in The Netherlands has confirme that, following an order for six Damen Stan Tugs 1606 and four Damen Fast Crew Suppliers in 2006 and 2007, Jan De Nul has placed an order for another series of five Damen Stan Tugs 1606. Construction of the vessels will take [
News – July 3, 2008 MARINET reports that Hanson Marine has obtained a new licence to extract 500,000 tonnes per annum of sand and gravel for 15 years from Area 480 (also known as Area 106 East) located 25 miles south east of the mouth of the Humber estuary in the UK. The Joint Nature […]
British energy companies could more than double their national and international revenue towards US $400 Bn if they work to position themselves as leaders in the global energy market. Samir Brikho, chief executive of global engineering and project management group Amec spelled out the upbeat future
StatoilHydro’s CEO, Helge Lund, told the World Petroleum Congress in Madrid today that the Norwegian company is helping to tackle the world climate challenge by building a more material position within renewables, including offshore wind and sustainable biofuels. In his first address to the World Pe
After a two hour delay waiting for the wind to fill in, the 2008 Rolex Commodores’ Cup got underway shortly before lunchtime yesterday with two windward-leeward inshore races in the Western Solent. Conditions could not have been better for the 45 boat fleet, with 12 knots of wind from the southwest
