Maersk Line, the world’s largest container liner carrier, will migrate to Dubai’s DP World-operated Pusan Newport Co (PNC), cementing the South Korean port as one of the key trade gateways for North-East Asia.
A World War II mine was discovered and safely destroyed Thursday in the Black Sea port of Sevastopol during a visit by a U.S. Navy destroyer for drills with Ukraine, officials said.
Aker Kvaerner has been awarded a contract for operation, management and maintenance of the Al Zaafarana FPSO offshore Egypt by operator Gemsa Petroleum Company and partners. The contract value is NOK 200 million for a five year contract period effective from 1 September 2007. Options for contract ex
Stena Bulk, a leading international tanker owner, controlling a fleet of over 70 tankers from offices in six countries, today announced the appointment of Arthur L. Regan to the position of Director, Strategic Planning and Tanker Projects for Stena Bulk worldwide. In his position, Mr. Regan will foc
Aker Kvaerner is providing project management, procurement and engineering services for a new polypropylene (PP) plant being built by Reliance Petroleum Ltd in a Special Economic Zone in Jamnagar, in Gujarat, India. The plant is expected to be the largest capacity polypropylene facility to date, and
Dockwise Ltd (‘Dockwise’) has been awarded the transportation and installation assistance contract of the OFP2 Topsides by Technip for the OFON Phase 2 project in Nigeria, field operated by Elf Petroleum Nigeria Ltd on behalf of the Nigerian National Petroleum Corp/Elf Petroleum Nigeria Ltd joint ve
Total announces that it has made a new oil discovery in deep water Block 14, within the Lower Congo Basin, offshore Angola. The discovery well, Malange-1, was drilled in 266 metres of water to a total vertical depth of 4,743 metres and encountered around 65 metres of reservoir full of oil. The well
A group of British holidaymakers were injured on a sightseeing ship in the Arctic when ice fell from a glacier. A total of 17 British passengers were injured, two seriously, along with one crew member, off the Svalbard Islands, 500km (310 miles) north of Norway.
ISA launches the fifth ISA120 M/Y Illusion at the end of June and delivers her in mid July. The black and white boat featuring darkened walnut highlighted with Lalique inlays stainless steel trim and beveled mirrors throughout the interior. Hull number five of the highly successful composite based I
On 7th August, 2007 ULJANIK Brodogradilište d.d. delivered the 4,900 Car Carrier known as ‘Istra Ace’ to the company Ray Car Carriers. This is the fourth ship from the series of nine ships that Uljanik will build for Ray Car Carriers and the fourth ship delivered this year out of six planned.
The Government is putting $2 million toward developing a facility to be used for the construction of superyachts in Auckland. Economic Development Minister Trevor Mallard announced the funding for the Hobsonville Marine Precinct today.
On June 20th HMD held a naming ceremony for a 4300 TEU Class Containership, Hull No. 0408, the first of five 4300 TEU Panamax containerships ordered by E.R. Schiffahrt GmbH & CIE. KG of Germany.
Nordic American Tanker Shipping Limited (the “Company”) today announced its results for the 2nd quarter of 2007. The spot tanker market was sound for our double hull suezmax fleet during 2Q07, enabling the Company to declare a dividend of $1.17 per share for the quarter. The Company has now declared
Pleasure boat users have been warned to carry communication equipment after a father and his three sons had to be rescued off the Northumberland coast. Two lifeboat crews from Amble were scrambled on Wednesday when the 10ft speedboat began taking on water.
