In the face of reduced net profits for the six months ended 30 June 2006, Namibia
The commission, responsible for coordinating fishing policy among the 25 European Union nations, yesterday proposed quotas to ease the rate at which cod stocks are declining by 10% a year and raised catches of other types of fish. The commission also wants to reduce the number of fishing days for la
At least 10 people are believed to have died after a boat on which they were travelling sank on Lake Kivu in the eastern Democratic Republic of Congo. A further 30 people are reported missing, and a search for survivors is still going on.
L-3 Communications Holdings Inc., which provides satellite, marine and avionics communications systems, said Tuesday it received two contracts with the U.S. Navy for $39.4 million to extend service on five ships. The service life extension program has a maximum contract value of $94 million and exte
The Indian Navy is looking to indigenise its future requirements. Having around 135 commissioned ships in its inventory, the Navy is planning to build around 35 more ships indigenously. The Indian Navy is keen to retain its Blue Water – ocean going – character. The ratio of Blue Water to Brown Water
TBS International Limited (NASDAQ: TBSI), an ocean transportation services company that offers worldwide shipping solutions through liner, parcel and bulk transportation services, announced today that it has entered into agreements to acquire two handysize bulk carriers, the M.V. Clipper Flamingo an
Following a meeting between Russian President Vladimir Putin and his Greek and Bulgarian counterparts, the three countries announced that they have agreed to begin construction of a long-delayed oil pipeline that will link the Black Sea to the Aegean. An official agreement on the issue will be signe
BP Shipping paid a record $220,300 for express transit of an oil tanker through the Panama Canal. The canal, which links the Pacific and the Atlantic oceans, is facing a backlog following maintenance work. The previous record of $200 th. was set by a container ship sailing to the Atlantic last week.
Statoil and partners Chevron and Devon have successfully completed a production test in a highly challenging structure in the Gulf of Mexico. “The Jack 2 well test data are encouraging and may form the basis of future development projects in Walker Ridge,” says
VietNamNet Bridge
From 13th to 18th September 2006, at the Festival International de la Plaisance de Cannes (Stand Riv 35), ExclusivE Marine will be exhibiting the latest version of the first long-distance semi-custom cruising catamaran
SYDNEY, Australia
The SMM 2006 is setting up new records in all areas. The leading character of the SMM as the world’s largest shipbuilding event is underscored by the number of companies exhibiting, (1669), international participation (50 nations), total exhibition space (75,000 square metres) and the number and lev
$31 million in federal grants goes toward cameras and other devices to ward off attacks. When U.S. diplomats picked up intelligence about a terrorist threat to refineries in Pasadena, Calif., security experts quickly concluded that the target actually was the Houston suburb of the same name. The cit
