On Jan. 1st , 2008, M.V. COSCO EUROPE, the second 10,000-TEU-Class container ship of COSCO, was delivered at Hyundai Heavy Industries shipyard. The ship left the shipyard for the port of Dalian on the same day.
An alleged threat to blow up US warships “may not have come” from Iranian speedboats involved in a recent stand-off, the BBC has learned. The voice on a Pentagon tape could instead have come from another ship in the area or a transmitter on land, senior US Navy sources told the BBC.
Chevron Corporation (NYSE: CVX) today reported in its interim update that fourth quarter net income is expected to be higher than the $3.7 billion earned in the third quarter 2007. Higher earnings are expected in the upstream business, which benefited during the fourth quarter from higher prices for
An Indian Navy submarine was damaged after it collided with a merchant ship on Monday in the Arabian Sea, off the coast of Saurashtra. Navy officials said there were no casualties. The submarine, INS Sindhughosh, collided with merchant vessel MV Leeds, 140 nautical kms north west of the Mumbai coast
NAHEMA, in order to build the first 120 feet composite luxury cruising catamaran on the market, is outsourcing the best for each step of the production process. NAHEMA searched Worldwide for a partner able to master the technology of manufacturing innovative and flawless moulds. The size and the gro
An Australian patrol ship tasked with monitoring Japan’s whaling fleet has departed from the western city of Perth for waters off Antarctica. The Oceanic Viking, a customs vessel, left Stirling Naval Base on Tuesday night on a 20-day surveillance mission.
Iran’s Revolutionary Guards say the US navy fabricated evidence that a convoy of its ships was harassed by Iranian speedboats in Gulf waters on Sunday. The US has released grainy footage, apparently showing small boats speeding near the American warships.
The PUMA brand’s foray into the world of sailing is a huge fillip for the sport and an opportunity for Ken Read to have a serious tilt at winning the Volvo at the first attempt as master and commander of the campaign. Like Ericsson, Read’s PUMA campaign is on a firm footing. Having purchased the [&h
Today, Parker Drilling Company, a U.S. company and worldwide provider of drilling and drilling-related services, reported that in December 2007 a subsidiary paid $26 million in income taxes to the Republic of Kazakhstan pursuant to a previously reported tax assessment. The payment is exclusive of in
All too often new additions to the global luxury motoryacht fleet are described as revolutionary breakthroughs, claims that are justified in terms of size, technology or new heights of splendor. A truly radical shift in thinking is much rarer, however… And the phenomenal new 72.80 meter Feadship Pre
Acts of ocean piracy rose 10 percent in 2007, the first increase for three years, with waters off Nigeria and Somalia topping a list of the world’s most dangerous, a ship piracy watchdog said on Wednesday. The International Maritime Bureau (IMB) said in its yearly report that attacks globally on shi
Muskegon’s harbor is getting harder and harder to navigate into, but one freighter will try again today after getting stuck Tuesday night. The 620-foot Manistee hit bottom outside the Muskegon pierheads at about 10:45 p.m., becoming the fourth cargo ship to do so since the 1,000-foot Indiana Harbor
Lundin Petroleum AB is pleased to announce that as at 1 January 2008 its net proven and probable reserves increased to 184.2 million barrels of oil equivalent (MMboe). This equates to a reserve replacement ratio of 148 percent.
The average daily production was about 2 212 000 barrels of oil, about 316 000 barrels of NGL (Natural Gas Liquids) and about 75 000 barrels of condensate, in total of 2 604 000 barrels liquid.
