Linking Asia and Europe CMA CGM Group has the pleasure to announce the launching, on July 9th, 2008, of its latest service in the FAL network linking Asia and Europe: The FAL4 service. Operated in partnership with China Shipping, FAL4 will deploy a total of eight 9,700 teu vessels, covering the foll
Production on the Oseberg field centre, Oseberg South, Oseberg East and Tune has resumed after the small fire in a switchboard room on the Field Centre on 15 June, StatoilHydro said. The field centre and the three other fields associated with the field centre’s processing plant have been shut down d
OMV has strengthened its position offshore Norway by acquiring a 30% interest in the PL 301CS exploration licence from Talisman and DONG. The new license is located in the Norwegian North Sea, approximately 300 km south-west of Stavanger and less than 30 km north-east of the producing UK Jade field,
Dockwise has signed a letter of intent with Vyborg Shipyard for the transportation and installation of two topside structures on the Shtokman field in the Barents Sea. The topside structures are part of the contract that Vyborg Shipyard signed with Gazflot (the operating company for Gazprom) for the
News – June 24, 2008 The Lake Carriers’ Association says that despite an 8 per cent increase in the iron ore tonnage, total cargo movement on the Great Lakes in US-Flag Lakers fell 2 per cent in May compared to a year ago. However, the May float – 11.9 million net tons – was, almost […]
News – June 24, 2008 Following the announcement of the Abu Dhabi Yacht Show 2009, plans have been approved for a marina that will be home to the show’s on-water exhibits. Dredging has commenced in preparation for the creation of the megayacht pontoon area, which will be completed in line with the sh
Contracts & Tenders – June 24, 2008 MCJ Ref No: 641/X/16 Project Stage: Expressions of Interest Area: Co. Cork, Ireland Promoter: Cork County Council, Roads, Ardmanagh House, Schull, Co Cork. Tel: 028-28128; Fax: 028-28541; E-mail: billy.horgan@corkcoco.ie Contact: Billy Horgan Profile: Competent an
The starting gun for the 2008 BMW Round Ireland Yacht Race was sounded at 1200 hours yesterday to signal one of the most competitive contests in the 28 year history of Ireland’s premier offshore sailing challenge. With a westerly breeze gusting 40 knots, Alburn, Leopard and Galileo were the first ov
The 3rd Fife regatta of the modern era got underway over the weekend, in the Firth of Clyde with a 20 strong fleet of spectacular traditional wooden sailing yachts, averaging 90yrs old and all built a mile from the start line by Ayrshire’s famous boat builder William Fife. The yachts – resplendent i
The Norwegian Petroleum Directorate (NPD) has given StatoilHydro the thumbs up to drill a wildcat well with the West Alpha rig. Well 6407/7-8 will be drilled about 16km north of the Njord field in production licence 107. The well will be the 11th to be drilled in production licence 107. StatoilHydro
Awilco Offshore has agreed a deal with ConocoPhillips Skandinavia to extend the contracts for the Port Rigmar and Port Reval flotels. The US $375 million deal will see the two rigs staying on with ConPhil for an accumulated period of approximately five years. Port Rigmar is currently on Ekofisk, and
MOG said the increase in reserves is attributable only to the section of the company’s 100% owned Ombrina Mare oil and gas field which was successfully appraised by the Ombrina Mare 2 well. The company said it is currently focussed on a development plan to produce the 20 million bbl of P1 & P2 oil [
HAMILTON, BERMUDA–(MARKET WIRE)–Jun 23, 2008 — TBS International Limited (NasdaqGS:TBSI – News) announced that it has entered into an agreement to acquire the M.V. Ken Blossom (to be renamed), a 38,852 dwt, 1992 built handymax bulk carrier. TBS has agreed to acquire this vessel for a purchase price
NEW YORK, June 23 /PRNewswire-FirstCall/ — Genco Shipping & Trading Limited (NYSE: GNK – News) today announced that it has taken delivery of the Genco Raptor, a 2007-built Panamax vessel. The Genco Raptor is the first vessel to be delivered to the Company under Genco’s previously announced agreement
