Total today announces that it has signed an agreement with Nigeria’s Conoil Producing Limited to farm into the deep offshore OPL 257 license with a 40% interest. Conoil remains the operator with a 50% interest, and a local company holds the remaining 10%. The Nigerian government has approved this tr
Two bodies, believed to be sailors who have been missing since Bulgarian vessel Vanessa sunk in the Azov Sea on January 3, have been recovered on March 12, Bulgaria’s Transport Ministry said. One of them was wearing a life-vest with the ship’s name on the back, but it was unclear whether the second
Todd Pacific Shipyards Corp. has received a $3.1 million contract to overhaul the USNS Guadalupe, a oiler naval vessel that provides fuel for Navy ships at sea.
Despite crude oil inventories that were up last week, prices in New York hit another new record high Wednesday at $110.20 per barrel after dropping immediately after announcement of the new inventories figures.
Aker Yards has been awarded a contract with DOF ASA to build an innovative LNG-powered platform supply vessel. The vessel is designed and equipped with the newest and most innovative environmentally friendly equipment and solutions. After delivery from Aker Yards in Norway in 2010, the vessel will o
With newest generation of semisubmersible rigs SDO01 and SDO02 of SeaDragon Offshore the aspect of the workers on a rig are as important as the equipment. This has resulted into complete automated processes for the drilling purposes. SeaDragon Offshore also demanded the best for the rest of the equi
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, inaugurated the 16th Dubai International Boat Show (DIBS) at the Dubai International Marine Club (DIMC) – Mina Seyahi. Following the opening ceremony, His Highness tou
Gulf Craft Inc, the Middle East’s largest boat and yacht manufacturer, has revealed five new models at this year’s DIBS. The new additions include two new luxury yachts, the Majesty 77 and Majesty 121; the Silver Craft 37, the Silver Craft range representing Gulf Craft’s latest product line up; and
Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced that it will begin independently marketing and chartering seven Large Range 1 (LR1)*1 product tankers in the world market starting in June. MOL has participated in “The LR1 Pool*2” since December 2002, and entrusted the pool
A P&O cruise liner on its way from Southampton to the Caribbean has been forced into port for repairs after being damaged in stormy weather. Artemis, which is carrying 1,188 passengers, made an unscheduled call at Falmouth, Cornwall, to undergo work.
The Russian entry has finally revealed its true colours with the unveiling of a new identity and a new look for the 2008-09 race. Originally launched by team principal Oleg Zherebtsov as Russian Challenge, the team will now be known as Team Russia.
After a 43d and 38min trip from New-York to San Francisco via Cape Horn, maxi catamaran Gitana 13 skippered by Lionel Lemonchois, improve the Route de l’Or record of 14d 02h 43′, after a 14 000 miles course. A new highlight for the Gilles Ollier Design Team & the Multiplast yard, designers and build
Gitana is an exciting project to realise the very clear vision of experienced owners, working in concert with Frers design for naval architecture and exterior styling, and with Rhoades Young for interior design.
Pirates are not just mythological characters with peg legs, parrots and pistols. They now carry AK-47s and use speedboats to rule the high seas of the world. Robbery of the high seas is not confined to 18th-Century history and literature or Hollywood films – it is still very much alive today.
