Wally has sold the Tunisian controlled company WMagic to Camuzzi Nautica, which will continue the exclusive production of the WallyTender and 47 WallyPower units for the Monaco-based Group. WMagic is a high technology shipyard located in Biserte, set up by Wally in 2000 for the construction of advan
Gulfport Energy Corp. on Thursday reported a fire north of its oil and gas production facilities in the West Cote Blanche Bay production field in southern Louisiana. The company said it is gathering information about its contractors at the scene. The fire involves two contracted vessels performing w
POSCO, global No.3 steel manufacturer, said yesterday its third-quarter net profit rose about 24 percent to 880 billion won from the second quarter. But its earnings dropped more than 17 percent, compared to the same period a year ago when it marked 1.06 trillion won. In a regulatory filing, POSCO
The first day of the Superyacht Cup in Palma took place in a fresh 15-18 knot breeze yesterday and a total of 17 superyachts took part. Celebrating its 10th Anniversary this year’s event has attracted a record fleet with nine yachts over 35m in length. The first day of the event sponsored by Fortis
Nakilat
In a fresh 15-18 knot breeze, 17 superyachts took part in the first day of sailing for The Superyacht Cup 2006 in Palma de Mallorca. The Superyacht Cup, celebrating its 10th Anniversary this year, has attracted a record fleet with 9 yachts over 35m in length. The first day of the event sponsored by
Transas has announced a contract with Russian shipbuilding company
All production from the Statoil-operated Snorre A platform and Vigdis field in the North Sea ceased today, 13 October, because of a lack of lifeboat capacity on the A installation.
The Van der Velden EPS
Keppel Offshore & Marine Limited (Keppel O&M) has secured contracts worth a total of S$210 million to carry out the conversion of two floating production storage and offloading (FPSO) facilities and the construction of five (5) Anchor Handling Tug/Supply (AHTS) vessels. Mr Nelson Yeo, Executive Dire
Controversial plans to scrap former US naval vessels at a yard on Teesside are being considered by councillors. Able UK won a contract to dismantle up to 13 so-called ghost ships at its facility in Graythorp, Hartlepool. The plan has been dogged by legal and planning wrangles over the environmental
RasGas (II) has delivered its first LNG cargo to Mexico under a spot sale agreement with Shell western LNG. The cargo loaded on to the LNG tanker Fuwairit reached the Mexican terminal de LNG de Altamira on October Saturday. The Fuwairit left Ras Laffan on September 16, a RasGas spokesman said yester
Satellite technology provides real time remote visibility of oily water separator (OWS) operation to minimise risk of accidental oil pollution. With criminal prosecutions and fines reaching record levels, ship operators need the highest level of protection against accidental discharge of prohibited
A German owned ship loaded with 72,000 tonnes of AWB wheat bound for Sudan remains idle in Port Lincoln in South Australia. Following negotiations overnight, eight crew members who went on strike over pay and conditions will now be sent back to the Philippines, leaving the ship anchored in the port.
