Aker Kvaerner has been awarded its first subsea contract from Spanish oil company Repsol YPF. The deal is for the delivery of a subsea production system to the Montanzo and Lubina projects off the east coast of Spain. This is Aker Kvaerner’s first subsea project in the region. Contract value is undi
A new container terminal will be established at King Abdul Aziz Port in Dammam at a cost of more than SR1 billion, said Naeem ibn Ibrahim Al-Naeem, director general of the port, yesterday.
One of the world’s largest shipowning nations, the Commonwealth of the Bahamas, has acceded to two major IMO Conventions and deposited its annual assessment for 2008 with the Organization. His Excellency Mr. Basil G. O’Brien, High Commissioner and Permanent Representative of the Commonwealth of the
Looking to upgrade its sea-based capabilities, the Israel Navy has submitted a Request for Proposal (RFP) to the United States Navy for a new missile ship currently under development by Lockheed Martin Corp. The Defense Ministry said that the navy expects to receive a reply by April.
DP World’s UAE region announced yesterday that it has recorded a 19 per cent growth in throughput with the handling of 11 million TEUs at its marine terminals during 2007, as compared to 2006. A substantial increase in throughput has also been recorded at Dubai’s two ports, Jebel Ali and Port Rashid
Exxon Mobil Corporation’s technology leadership has resulted in another world record-setting well at the Sakhalin-1 oil project in eastern Russia, enabling the production of more energy while reducing the impact on the environment. The well was drilled from land, using the world’s most powerful land
Work will begin later to remove containers from a cargo ship damaged in a storm off the Isles of Scilly. The MV Horncliff was brought alongside the county wharf at Falmouth Docks, Cornwall, on Wednesday night.
As previously communicated, particular challenges occurred at some of the yards in 2007. Management introduced measures to address these challenges and improve the situation, and the implementation of them continued throughout the year.
A trawler which ran aground on a remote island is unlikely to have carried rats, according to a fishing leader. The National Trust for Scotland (NTS) is assessing whether rodents escaped the Spinningdale on to Hirta, the main island of St Kilda.
A south coast port has decided to drop plans to develop its marina and to back local council proposals instead. Shoreham Port said that after nearly four years of discussion with Adur District Council, it would not pursue its own plans for Lady Bee Marina.
Croatian emergency workers have managed to attach tow lines to a blazing Turkish cargo ship laden with heavy fuel oil in the Adriatic Sea. Firefighters worked through the night to contain the blaze, which broke out on Wednesday on the Und Adriyatik.
Mitsubishi Heavy Industries Ltd. said Wednesday its nine-month profit rose 41 percent on contracts to build ships at higher prices. Net income rose to 54.2 billion yen in the nine months to Dec. 31 from 38.5 billion yen a year earlier, the Tokyo-based company said in a prepared statement.
There is little doubt in Mick Cookson’s mind; with the number of Cookson boats competing and their winning performances delivered, 2007 was one of the best year’s for Cookson Boats.
It was just more than a year ago news agencies around the world were showing images of people scavenging sea containers that had floated onto the East Devon coast of England, carrying a range of items from pet food to disposable diapers to BMW motorcycles. The merchandise-laden containers had floate
