The 28th Rolex Middle Sea Race looked to be mirroring almost exactly its British cousin, the Rolex Fastnet, as retirement after retirement is phoned into the Royal Malta Yacht Club Race Control, whilst the front-runner makes record-breaking progress towards the finish. After a relatively benign star
The Board of Directors of Husky Energy Inc. is pleased to declare a quarterly dividend of $0.33 (Canadian) per share on its common shares for the three-month period ended September 30, 2007. The dividend will be payable on January 2, 2008 to shareholders of record at the close of business on Novembe
Eleven people were drowned and another 10 are missing after a boat believed to be carrying migrants sank off the Mexican state of Oaxaca. Those on board were thought to be trying to get to the United States from Central America.
Three men have been rescued after their fishing boat began sinking off the coast of Scotland. Aberdeen Coastguard was contacted at 0710 BST by the crew of the Prolific, which was taking on water 10 miles north east of Wick.
Total announces that its wholly owned subsidiary, Total E&P USA Inc., was the high bidder on 12 deep and ultra-deep water exploration blocks in the Central and Eastern Gulf of Mexico Lease Sale 205. Total E&P USA Inc. will operate five blocks in the Garden Banks area, three blocks in the Green Canyo
The 2007 Rolex Middle Sea Race set off today from Marsamxett Harbour with the crews apprehensive about what may lie ahead but displaying a quiet confidence that they are prepared for tough race and some tough decisions. Last night, 60 yachts were registered to take part. Following a pretty sobering
The first tanker with a cargo of liquefied natural gas (LNG) from the Snøhvit field left port at Melkøya near Hammerfest, northern Norway, today, 20 October. The purpose-built Arctic Princess has 145,000 cubic metres of LNG on board and is now on her way to customers in southern Europe.
A US salvage boat impounded by Spanish authorities in a dispute over sunken treasure has been allowed to leave the port of Algeciras in Spain. The Odyssey Explorer was seized by Spanish police on Tuesday, and taken to Algeciras, where the captain was subsequently arrested for a short time.
Sheikh Solaiman Bin Abdulaziz Alkuhaimi of Naftoil Saudi Arabia sign multi billion dollar oil exploration contract with Mauritanian Government and Hani Salaam of Gulf Regal Corporation.
Cooperation has been signed that guarantees Panama a payment of US-$ 54 million from Europe between 2007 and 2013. The last diplomatic visit of the Commission of Foreign Concerns and Politics of Environment of the European Union together with the board of the European Bank of Investment brought an i
The Van Dam Nordia Shipyard announces the construction stage of their brand new 70’ Nordia Performance Cruiser. The 70 ft. is the first yacht built in Van Dam Nordia’s new design line of custom aluminium performance cruising yachts. The main goal of this new design is the combination of Van Dam’s hi
Including the Two New Vessels, Costa Now has Five Ships on order from Fincantieri New Concordia-Class Ships Will Bring Costa’s Fleet to 17 by 2012. Costa Crociere, the leading cruise line in Italy and Europe, has announced an order for two new 114,200-ton ships to be delivered in 2011 and 2012. Cost
Keppel Nantong Shipyard Co. Ltd (Keppel Nantong), the wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has clinched three contracts worth a total of S$110 million (RMB$550 million), including owner furnished equipment, to build eight tugs. The first contract is secured from Smit
The Norwegian Petroleum Directorate has granted ENI Norge AS a drilling permit for wellbore 6507/2-4 in the Norwegian Sea. The drilling program for wellbore 6507/2-4 applies to the drilling of an exploration well in production licence 122. ENI is the operator with an ownership interest of 20 per cen
