The first giant tanker Viktor Titov of the Primorsky shipping company (PSC) has tied up at the port of De-Kastri on Tuesday for loading with Sakhalin-produced oil. For a week, the tanker and the oil terminal, built by the US Exxon Neftegas Ltd company, will be checking up the functioning of the load
Nicaragua on Monday lobbied for international support to build an ambitious US$18 billion (
About 20 Nigerians working for a contractor to Royal Dutch Shell were abducted during a Monday attack on a convoy of boats supplying oilfields, Shell sources said on Tuesday. At least five soldiers protecting the convoy were killed when about 70 gunmen in speed boats attacked the barges carrying fue
On Monday 2 October 2006 Odense Steel Shipyard presented its latest newbuilding, an 11,000 TEU container vessel, for the A.P. Moller – Maersk Group. Mrs Birgit Schultz Hansen, accompanied by her husband, Minister for Transport and Energy, Mr Flemming Hansen, honoured A.P. Moller – Maersk and the Yar
The Indian shipping industry will be required to spend about $4 billion on fleet renewal, as 56 per cent of the ships owned by Indian companies will have to be scrapped in five years, according to the Indian National Shipowners
Eidesvik Offshore ASA group has ordered a LNG-fuelled Platform Supply Vessel, make VS493 GASS AVANT. Using LNG as fuel, the vessel is developed to meet the highest environmental standards. The vessel will be delivered from West Contractors yard in
Italy’s state-owned Fincantieri SpA, the Italian shipbuilder that is expecting to sell shares to the public next year, Monday said its profitability and sales rose in double-digit rates in the first half of the year. Fincantieri said it had consolidated net profit of EUR26.4 million in the first six
The Dung Quat Shipbuilding Industry Company has signed with American Bureau of Shipping (ABS) a contract under which the US firm will supervise the shipyard’s building process of three oil tankers. Under the 400,000 USD contract, ABS, one of the world’s leading ship classification societies, in coll
The U. S. Navy has awarded General Dynamics Electric Boat a $22.7 million modification to a previously awarded contract to manage and support nuclear-maintenance work for submarines home-ported at Submarine Base New London, Conn. Electric Boat is a wholly owned subsidiary of General Dynamics.
Transocean Inc. (NYSE:RIG) today announced that its report of drilling rig status and contract information covering the company’s offshore drilling fleet has been updated as of October 2, 2006. Drilling rig status and contract information on Transocean Inc.’s offshore drilling fleet has been condens
A woman committed suicide on the Carnival cruise ship Conquest by jumping off of an upper deck and landing on the balcony of a cabin several decks below, Houston FBI Special Agent Shauna Dunlap said. The 48-year-old woman’s name and hometown were not released. The death occurred Saturday and the bod
Petro-Canada (TSX:PCA) is reporting its first oil output from the De Ruyter development in the southern North Sea, which is expected to help stabilize production in the region. The Calgary-based company said Monday that the De Ruyter field, under waters in the Dutch continental shelf, is expected to
Work on the road leading to Bahrain Financial Harbour is nearing 10 per cent, Assistant Under-Secretary Issam Abdulla Khalaf has announced, according to the GDN. He was speaking as he inspected the site of the project, awarded to Boskalis Westminster Middle East in a BD4.7 million deal. The projects
Subsea 7 yesterday announced it has been awarded a significant contract offshore Angola by Cabinda Gulf Oil Company Limited, a wholly owned subsidiary of Chevron Corporation. The EPIC (Engineering, Procurement, Installation and Commissioning) work scope, with a value of approximately US$ 290 million