Oil giant BP restarted the eastern side of the Alaskan Prudhoe Bay oil field – shut down since August when a leak was found – and expects production to reach 150,000 barrels a day by the weekend, a BP spokesman said on Wednesday. The eastern side of the United State’s largest oil field ceased produc
AP Moeller-Maersk AS’ Maersk Tankers plans to expand its fleet by 14 pct year up till 2009 in order to become one of the top three tanker operators in the world, daily Boersen reported, citing Soeren Skou, who is the head of the division. ‘Our total fleet has grown by close to 9 pct per […]
China Shipbuilding Industry Corporation, W
The sprawling measure contains good news for lawmakers from Maine, California and Missouri, among others. The bill includes $2.6 billion for two super-modern Navy DD(X) destroyers. That is significant because it would allow Bath Iron Works in Maine and Northrop Grumman’s Ingalls Shipbuilding in Miss
The Navy has awarded a $200 million contract to a Pascagoula company for construction of a Navy ship that will carry high-tech radar equipment, U.S. Sen. Trent Lott said. The Navy awarded the contract to VT Halter Marine on Tuesday. The Pascagoula shipyard will build a vessel used to monitor ballist
The conservation group WWF is calling on European consumers to think twice before they eat fish. A WWF report says much of the fish sold in Europe is the product of illegal, destructive or wasteful fishing. The report warns that continuing to buy it will bring many fish stocks to the brink of extinc
Todd Shipyards Corporation (NYSE:TOD) announced today that the U.S. Navy (
Authorities in Ivory Coast asked Estonia to hold a tanker that left hundreds of tons of toxic waste in the West African nation’s main city, as another death was attributed to the foul-smelling substance on Tuesday. A judge heading the commission investigating the chemical waste scandal sent a writte
Lloyd’s Register’s Marine Fuel Sulphur Record Book has received the approval of the UK Maritime and Coastguard Agency (MCA). Now in its second edition, the Marine Fuel Sulphur Record Book enables ship operators to demonstrate compliance with the fuel oil quality requirements and sulphur restrictions
After decades where shipbuilding was a sick industry, a rush of orders for modern vessels has booked out dockyards around the world for years ahead. Operators who order ships today must expect to wait till 2009 or 2010 for delivery. European yards, able at last to earn profits again, have boosted th
Plans for a new
Petroleum Geo-Services ASA (“PGS” or the “Company”) (OSE and NYSE: PGS) has introduced as a regular routine to report vessel utilization around the end of each quarter and announced today that its seismic vessel fleet used approximately 50% of its total time to acquire marine contract seismic in the
The smallest boat to cross the Atlantic has once again returned to Falmouth, 13 years to the day after she sailed into the record books. Taking the limelight in a forthcoming exhibition at the Maritime Museum, this time her return is for good. The quirky 5ft 4 inch Father’s Day was transported to Fa
A freighter loaded with grain ran aground Monday just off Vancouver’s Stanley Park, blocking shipping traffic and snarling vehicle traffic as drivers gawked from the Lions Gate Bridge high above. The Malta-registered Krateros hit bottom at about 4:45 p.m. “It suffered a major malfunction, causing it
