Aker Yards has been awarded a contract by Reederei F. Laeisz GmbH in Rostock (Germany) to build six container ships of the newly developed type Aker CS 2800. The total contract value is approximately EUR 245 million. Delivery by Aker Yards in Germany is scheduled between the fourth quarter of 2009 a
Aker Kvaerner has signed contracts for the delivery of two complete drilling riser systems and associated equipment. The two customers are undisclosed. Total contract value is NOK 300 million. The two drilling risers will come at a combined length of almost six kilometres. They will be manufactured
StatoilHydro had a net income of NOK 10.7 billion in the third quarter of 2007, compared to NOK 8.5 billion in the third quarter of 2006. In the first nine months of 2007, net income was NOK 29.5 billion compared to NOK 29.1 billion in the first nine months of 2006.
Lundin Petroleum AB is pleased to announce that it has acquired a 34 percent interest in Block E, offshore Cambodia from Medco International Petroleum Ltd. (‘Medco’), Kuwait Energy Company KSCC and JHL Petroleum Ltd. Completion of the transaction is subject to governmental approvals. Block E covers
Palladium’s flagship product, SiMON, will be the standard shipboard monitoring, control and alarm software for Holland Superyacht Industries’ new series of 43.6-meter (143-foot) and 60-meter (197-foot) semi-custom motoryachts.
Whitsunday Sailing Club offshore sailors Charlie Preen and Greg Tobin will sail into the storm tormented Bass Strait later this year to fulfil a taunting career ambition.
Propelled by soaring orders from power plants to luxury condominiums, Hyundai Engineering & Construction is expected to post record overseas orders this year. The country’s third-largest builder by total assets secured $3.4 billion worth of overseas orders at the end of September this year. The figu
Rescuers were searching Sunday for seven Turkish seamen believed trapped inside a freighter that capsized off Denmark’s coast, killing at least one crew member, the Danish navy said. Three of the 11 crew members aboard the Slovakian-registered “Omer N” were rescued by a Russian ship in the area, whi
The 28th edition of the Rolex Middle Sea Race drew to a close with numerous crescendos of noise, entirely in keeping with a race that has rightfully claimed its place in the pantheon of offshore classics. The noise started at 1.45AM as the final yacht crossed the line in Marsamxett Harbour and ended
Plymouth-based Royal Navy warship HMS Portland has seized about two tonnes of cocaine in a drugs bust. The ship was on patrol in the North Atlantic when one of her Lynx helicopters found a suspicious looking fishing vessel.
For the first time an ice-free route has opened in the Arctic Ocean, raising the possibility of an open shipping lane through the Northwest Passage. It’s a trade route that has eluded famous explorers for centuries.
Kerry Siam Seaport is preparing to open Thailand’s largest privately run deep-seaport, with integrated logistics services in Laem Chabang by January, to serve huge shipping demand to China. Located on 250 rai and developed at a cost of 1.5 billion baht, Kerry Siam Seaport expects the multi-purpose l
The port authorities in Cape Town have started on a R4,2bn project that will more than double its containerisation capacity in the next four years on the existing footprint of the port area. The aim is to upgrade the container terminal to a modern deep-water four-berth terminal to handle 1,4-million
Production at the Marimba North field in block 15 off the Angolan coast where StatoilHydro has a 13.33% interest, has begun. According to operator ExxonMobil, Marimba North will produce 80 million barrels of oil. The goal is to produce 40,000 barrels of oil per day at peak production.
