BP and Gazprom Marketing & Trading, the UK subsidiary of energy giant OAO Gazprom, announced today that they had reached an agreement for BP to supply a number of liquefied natural gas (LNG) cargoes which Gazprom Marketing & Trading will market in the Atlantic Basin. The cargoes, which will be sourc
Team Italia, the Italian distributor to the yacht market of the Series 2 marine display system from Jakob Hatteland Display (JHD) has reported an excellent reception for the system by Italian yacht builders, resulting in a recent bulk order worth approx. Euro 160K. Series 2, launched in June 2006 is
With its 10 brand new models and a display of 41 yachts, the Ferretti Group presents itself as a leader at the Festival International De La Plaisance in Cannes, crowning a highly successful season and ready to take on new challenges. Cannes, 13th September 2006 – The Ferretti Group is presenting its
Ericsson Racing Team was confirmed today as the first official entry in the Volvo Ocean Race 2008-09. The decision to commit to the next edition of the race comes a mere three months after Ericsson finished the 2005-06 event. In doing so they join a select band of repeat entries in the race
Sevmash shipyard is planning to build facilities for a Gazprom liquefied natural gas plant in West Siberia, the company press service said Tuesday. Russia’s energy giant will build the plant in the northwestern part of the Yamal Peninsula in West Siberia, on the shore of the Kara Sea, near the Khara
Cypriot officials are considering what to do with a Syria-bound ship held in Limassol port with a cargo of what is thought to be air defence equipment. Police said 18 of the 21 lorries on board the Gregorio I were fitted with radars which “appear to be part of an air defence system”. Police said [&h
A New Zealand boat has enjoyed success at the prestigious Maxi Yacht Regatta in Italy. The super maxi Alfa Romeo took the honours in the nine-boat racing category, winning four of the six races. At the helm of the 98 footer was Team New Zealand’s Ben Ainslie. The regatta, at the Costa Smeralda Yacht
The U.S. Coast Guard marked the anniversary of Sept. 11 by laying the keel for a new cutter designed for homeland security missions. The cutter Waesche will be the second National Security Cutter (NSC) of the eight the Coast Guard plans to build over the years. The ship is designed for a top speed o
A yacht has been towed 30 miles (50km) to Alderney after it broke down and drifted in busy shipping lanes in the middle of the English Channel. The 37ft (11.2m) Brisbane Star, with six people on board, got into difficulty while sailing in thick fog on Monday night.
A group of oil companies led by Chevron (CVX) could avoid more than $1 billion in royalty payments to the federal government for oil in a field they said they discovered in the Gulf of Mexico last week, according to a newspaper report. The potential bonus to Chevron and its partners stems from a mis
The Development Consent Authority (DCA) wants several matters clarified before it will allow building to start on the new passenger cruise ship terminal on Darwin’s waterfront. Conditional approval has been granted by the DCA and the Northern Territory Government says the facility is on track to be
An iron ore ship has run aground at Australia’s largest tonnage port at Port Hedland in WA’s Pilbara region. The 290-metre long vessel “Creciente” ran aground after breaking its moorings while loading ore in the early hours of this morning. Port Hedland resident Vic Watson says tidal conditions are
AP Moeller-Maersk AS will order 25 vessels from Chinese shipbuilders including Qingdao Qianjin Shipbuilding Co within the following 12 months, the China Business News reported. Citing a media officer from Maersk’s China office, the newspaper said that the the world’s largest shipping company signed
Authorities on the French island of Mayotte in the Indian Ocean say a ship with 76 people on board has sunk north-west of Madagascar. French rescue teams have found 43 survivors from the vessel, the Comoros-flagged Ali Mubarak, but 33 are still missing. Officials say the ship was on its way from Mad
