The two-seaters Hawkes makes are for cruising sea depths, not scenic routes. His San-Francisco-based company, Deep Flight Submersibles, started in the 1970s by building tiny submarines that allowed researchers to inspect the ocean floor. In the past three years, however, a demand for private minisub
To meet the demands of construction sites for both air and electric power Atlas Copco is to introduce its successful HardHat™ range with the option of an auxiliary generator for the Series 7 range of compressors.
A private shipping company would soon be formed with state backing to drive the new shipping line that would link South Africa, India and Brazil, a department of foreign affairs official said on Friday. The company was expected to boost the fast-growing trade between the three countries, said Jerry
DryShips Inc. (NASDAQ: DRYS) today announced that its Board of Directors intends to call a special meeting of shareholders to approve an amendment to the Company’s Articles of Incorporation to increase the Company’s authorized common stock. Upon such approval, the Board intends to conduct a 3:1 spli
Up to 2,000 metric tons of fuel oil have leaked near the Black Sea after a Russian oil tanker split in half. It came apart after it was smashed by 108km/h (67 mph) winds and 5m (16ft) waves in the Kerch Strait between the Azov and Black Seas.
India’s Cabinet approved the development of an offshore container terminal at Mumbai Port as trade expands in line with growth in Asia’s third-biggest economy after Japan and China.
Tuticorin Port has crossed the 12 million tonnes mark on November 9 handling 120.33 lakh tonnes of cargo upto November 8, registering 16 per cent increase over the correspondng period of the previous year, a release said. During the current year upto Nov 8, 2,65,317 TEUs of containers have been hand
The consortium¹ developing London Array, one of the world’s largest offshore wind farms in the Thames estuary, has welcomed today’s announcement from the UK Government that electricity transmission works associated with the project can go ahead². The 1,000MW London Array would consist of up to 341 w
On the face of it, the pairing of Andrew Cape and Alex Thompson is the archetypal odd couple. One a solid family man and gifted navigator, the other a self-confessed adrenaline junkie with sailing’s equivalent of rock star street cred. Yet despite the 12-year age gap, they will share more than just
Dutch Prime Minister Jan Peter Balkenende proposed that Russian and Dutch companies headed by Royal Dutch Shell should jointly develop the richest gas fields on the Yamal Peninsula located above the Arctic Circle.
Flood alerts remain in force in the UK and the Netherlands, but latest reports suggest fears of storm-driven tidal surges have not materialised. Despite some flooding along Britain’s North Sea coast, authorities said the peak of the surge had passed without major incident.
A record number of cruise ships are due to arrive in Guernsey next year. One hundred and four vessels have already booked to visit the Bailiwick during 2008 and the first arrival is scheduled for March.
VAALCO Energy, Inc., announced that for the third quarter of 2007 its net income was $8.8 million or $0.15 per diluted share, compared to $13.6 million or $0.22 per diluted share for the comparable period in 2006. Third-quarter 2007 revenues were $34.8 million compared to $25.6 million in the third
Prosafe has been awarded a contract by Murphy West Africa Ltd (‘Murphy’), a subsidiary of Murphy Oil Corporation, for the conversion and operation of a Floating Drilling, Production, Storage and Offloading unit (‘FDPSO’) on the deepwater Azurite development in the Mer Profonde Sud Block offshore the
