Van Oord has been awarded the redesigning of Dubai Promenade in Dubai. The total contract value amounts to EUR 14 million. The client is Nakheel. The execution has already started. The project is scheduled for completion in February 2008.
Aker Yards ASA has purchased 1 000 000 own shares at a price of NOK 75.5048 per share Following the transaction, Aker Yards ASA holds a total of 5 000 000 own shares, representing 4.4 % of the total outstanding number of shares.
On July 6 2007 Rosneft Open Joint Stock Company (Rosneft) and Royal Dutch Shell plc (Shell) concluded an Agreement on Strategic Cooperation. The agreement was signed in Moscow by Rosneft President Sergey Bogdanchikov and Shell Chief Executive Jeroen van der Veer.
A fund run by Goldman Sachs is to take a stake in the parent of the US’s largest port terminal operator in a deal that marks the end of the sector’s nearly complete change in ownership in the US over the past 18 months.
Aegean Marine Petroleum Network Inc. Takes Delivery of Newbuilding Bunker TankerPurchases Double-Hull Bunker Tanker; Exercises Five Newbuilding Options.
Oceanteam Power & Umbilical ASA announced today that it has signed a Letter of Intent with SMD for a technologically advanced Heavy Duty Power Cable & Umbilical Plough. Delivery will be in October 2007. The plough has the capacity to bury umbilical or cable to a depth of 3m in a large range of soils
Five employees of a Chennai-based shipping contractor have been reported missing and are feared dead after a supply vessel of flagship explorer Oil and Natural Gas Corporation (ONGC) sank 56 nautical miles off the Mumbai coast on Monday.
Bharati Shipyard Ltd. (BSL), one of India’s leading private sector shipyards, has bagged a $43.40 million deal from Norwegian firm Sea Cargo Skips AS to design and construct two vessels.
Tidewater Inc. (NYSE: TDW) announced today that a delayed webcast of a presentation by Dean Taylor, Chairman, President and CEO, and other senior management representatives, for its annual stockholders’ meeting will be available beginning at 2:00 p.m. CDST on July 12, 2007, at the Tidewater website
In the next two years, Holland America Line plans its most diverse offering of Caribbean cruise options with new ports, back-to-back itineraries, and the introduction of its newest ship, ms Eurodam, in late 2008. Holland America Line has increased its presence in the region due primarily to the addi
StealthGas Inc. (NASDAQ: GASS) announced today that it has filed a preliminary prospectus supplement with the Securities and Exchange Commission in connection with its previously filed registration statement on Form F-3. The preliminary prospectus supplement covers 6,000,000 shares of common stock t
Statoil has today, 9 July, signed a deal for the sale of its 30% interest in production licence 147 Trym in the North Sea to Bayerngas Norge.
Cargotec’s MacGREGOR business area providing marine cargo handling solutions has in July received orders for 48 ship cranes that will be delivered for 12 container feeders built at Wenchong shipyard in China. The capacity of the container feeders is 2,800 TEU each. The ship cranes will be delivered
The Daewoo Shipbuilding Marine & Engineering Co., the world’s second-largest shipbuilder, said Monday that it had won a deal valued at 1.37 trillion won (US$1.49 billion) to build nine container vessels.
