Petrobras announces that vessel-platform FPSO Cidade de Vitória has been put online, marking the inauguration of Module II of the development of the Golfinho Field, in the Espírito Santo Sea. Initially, the FPSO Cidade de Vitória will produce approximately 20,000 barrels per day of light oil (28° AP
Rising oil prices, coupled with the strong value of the local currency against the U.S. dollar, are taking a toll on the economy, casting a pall over a number of exporters. However, Hyundai Heavy Industries Group (HHIG), which consists of Hyundai Heavy Industries, Hyundai Mipo Dockyard and Hyundai S
Norwegian ship and port equipment supplier TTS Marine ASA said on Tuesday (20 November) that its German subsidiary TTS-LMG Marine Cranes GmbH has landed a NOK240m contract from Jinse Shipbuilding Co Ltd in Korea. The order covers 30-ton ship cranes for 31 vessels. Each vessel has four cranes.
The French navy has escorted two ships carrying food aid to Somalia to deter possible attacks from pirates. The waters off the war-torn country are among the most dangerous in the world – 26 ships, including three carrying food aid, have been attacked this year.
Australia’s maritime safety bureau allowed a foreign container ship leaking a highly combustible gas to travel through the Great Barrier Reef, an investigation has found. The Australian Transport Safety Bureau (ATSB) has released its findings into the journey of the Kota Pahlawan through the Great B
The Canadian city of Quebec wants to get hold of part of the wreckage of a wooden sailing ship submerged off the north Wales coast for 101 years. The vessel, the City of Ottawa, has been laid up on a sandbar in Rhyl’s Foryd harbour since 1906, where it was taken to be broken up.
On October 26th the ‘ Orgullo de Izabal’ has been delivered at Damen Shipyards Galati to Novacom S.A. Orgullo de Izabal means ‘Pride of the Izabal Province’. This Damen Stan Tug 2208 will be working in the Port of Santo Tomas de Castilla in Guatemala.
The management of Wärtsilä will today announce the growth estimate for 2008 and will specify the long term profitability target. Wärtsilä´s net sales are estimated to increase by about 25 percent in 2008. This estimate is based on a very strong order book, out of which approx. EUR 2.8 billion will b
Vessel is the third delivered this year and will operate in US Jones Act market. The third product tanker built by Aker Philadelphia Shipyard was delivered today, marking the first time in the yard’s history that three vessels were delivered in the same year. Following very successful sea trials and
Stealthgas Inc., a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced the deliveries of the M/V ‘Gas Sophie’ and the M/V ‘Gas Haralambos’, the sale of the M/V ‘Gas Oracle’, the M/V ‘Gas Renovatio’ and the M/V ‘Gas Nemesis’, new char
Double Hull Tankers, Inc. (NYSE:DHT) today announced results for the period from July 1 to September 30, 2007. Total revenues for this period were $20.1 million and net income was $6.9 million, or $0.23 per share (diluted). The Board of Directors of DHT has declared a dividend of $0.37 per share, wh
Transocean Inc. (NYSE:RIG) today announced that the ultra-deepwater drillship Discoverer Spirit has been awarded a three-year contract by Anadarko Petroleum Corporation (NYSE: APC) for drilling operations in the U.S. Gulf of Mexico. The three-year contract is expected to commence in December 2010, f
Hawaii Superferry announced Friday it will begin service between the islands of Oahu and Maui on Dec. 1. A state judge Wednesday cleared the way for Hawaii’s new inter-island ferry to operate before an environmental assessment is complete,
Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has been awarded a US$206 million contract by returning customer, Floatel International Ltd (Floatel) for a 500-men accommodation semi submersible (semi) vessel.
