Statements contained in the Contract Status of Offshore Rig Fleet Reports, including information regarding the Company’s estimated rig availability, contract duration or future day rates, customers or contract status are forward-looking statements. The forward-looking statements are made pursuant to
The world’s first nuclear-powered cargo and passenger ship made its way to a Norfolk shipyard be cleaned and painted as a step toward making the ship a museum. The Savannah was towed this morning from the James River “Ghost Fleet” off Fort Eustis to the Colonna Shipyard. The shipyard won a nearly on
Forty-one oil/gas blocks in Indonesia are offered to investors in 2006, according to Lulu Sumiarso, director general of oil/gas development in the Energy and Mineral Resources Ministry. Twenty oil/gas blocks are offered through tenders and 21 offered directly to investors, he told reporters at the o
Two Norwegian and two Ukrainian oil workers being held hostage in Nigeria were freed on Tuesday as the government promised to crack down on a surge in unrest in Africa’s largest oil producer. About 16 foreign oil workers have been kidnapped in five separate abductions in the past two weeks in the oi
Vripack announces the launch of the Trawler Yacht 120′ Caressa K at the RMK Shipyard in Tuzla, Istanbul for a Turkish owner. The full services office of Vripack took responsibility for all disciplines of this yacht from styling, naval architecture to the complete engineering. At 37 meter (112 ft), C
Mr. R.J.A. (Ren
Four 4,400 dwt multipurpose cargo ships will be the first to feature the
To fasttrack the containment operations of the oil spill here, a group of British experts will be arriving Thursday. Their mission is to first conduct an underwater survey in the area where the m/t Solar I sank and, if they can reached the depth where it now lies, puncture and salvage the vessel as
SEATTLE, Washington (AP) — Two suspicious cargo containers that prompted the evacuation of the Port of Seattle do not contain explosives or radioactive materials, port officials said Wednesday. Bomb-sniffing dogs indicated that two containers from Pakistan could contain explosives. Officials are sti
Greek shipping company Danaos Shipping Co., Ltd., has pleaded guilty to discharging oil in the Port of Long Beach from one of its ships and to obstructing a federal investigation into the leak, prosecutors said. A company representative entered the pleas Monday to a felony charge of obstruction of a
A Royal Navy ship that helped hundreds of British people leave Beirut has returned to her Plymouth base. HMS Bulwark returned to Devonport after more than seven months away. She had been due to return last month but was diverted to the Middle East.
Brussels – A Belgian and a Moroccan working in Nigeria’s oil sector were released on Monday after being held for more than a week, said reports. The reports quoted an official from their employer, Dredging International, as saying that the two men were in good health despite difficult living conditi
The United States Navy (USN) needs a threat and a maritime strategy. It had both during the Cold War but since then its situation has been more difficult. Without a contemporary strategy to deal with prevailing asymmetric threats, the Navy is finding it increasingly harder to compete with the other
The transport sector is one of key contribu-tors to the country
