South Australia has opened a
Shell Malaysia has achieved another exploration and production milestone with the first delivery of natural gas from the E8 field off the coast of Sarawak, Malaysia. Operated by Sarawak Shell Berhad, the E8 field is a key component of the E11 Hub Integrated Gas project, one of Shell
This statement was made today by Bob Malone, Chairman and President of BP America, Inc., at a press conference in Anchorage, Alaska. “We deeply regret that it has been necessary to take this drastic action of an orderly and planned shutdown of the Prudhoe Bay oil field. “On behalf of the BP Group, I
THE deadline for submission of tenders for the removal of the Safmarine Agulhas wreck has been extended by a week until next Wednesday. The ship finally snapped in half on Saturday after being battered by merciless seas for more than a month. The Daily Dispatch yesterday learnt that a salvage compan
Three Chinese sailors who were among a 25-member multinational crew held captive by Somali militiamen for nearly four months landed safely in Shanghai Monday afternoon. The men, Jin Hongji, Yuan Zhengnan, Li Taimin, arrived at Pudong International Airport after a flight from Dubai, capital of the Un
A little less than a month after the debut of the new flagship Costa Concordia, christened on July 7 in Civitavecchia, the fleet expansion programme of Costa Cruises has taken another important step forward. A ceremony has taken place today at Fincantieri
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), announced today that it has finalized a $1 billion contract with U.S. Shipping Partners L.P. (NYSE: USS) to build nine product carrier tankers. The contract includes options for five additional ships. Construction of
The retired navy frigate HMNZS Canterbury will be sunk as a dive attraction in Deepwater Cove at Cape Brett in the Bay of Islands. Defence Minister Phil Goff said today the Government had looked at selling the ship for scrap but the country would get greater economic benefit if it was sunk as a dive
Universal Guardian Holdings, Inc. (OTCBB: UGHO), an emerging global leader in non-lethal protection products, integrated transportation and global supply chain security systems and strategic security services to protect against terrorist, criminal and security threats to governments and businesses w
In less than a year, Royal Caribbean International`s Freedom of the Seas, the cruise ship holding the title “world`s largest,” will have to share her designation with her new younger sister. With her hull now complete, Liberty of the Seas, under construction at Aker Yards in Turku, Finland, reached
The Englishtown Ferry in Cape Breton, N.S., could be back in operation by Tuesday, after a cable snapped on the weekend and gave about 20 passengers an unexpected adventure. Officials said Monday that they hoped the ferry would be ready to resume service on Tuesday. The cable used to tow the ferry a
Louisiana is mining a new type of black gold: Mississippi River mud. A pilot project at the river mouth shows how the hurricane-ravaged state may be able to rebuild its vanishing coast with fertile river bottom soil now dumped by dredges into the ocean. Louisiana continuously clears the bottom of th
At 2039 hrs on Monday 7th August, just two and a half hours into the race, the Ker 11.3 MoonraKer was forced to retire from the Sevenstar Round Britain & Ireland Race due to a complete failure of her steering gear as she rounded the turning point of Bembridge on the Isle of Wight. In […]
As the Stars were halfway through their first race today, so the larger keelboats set sail on the first race of the IMS Offshore World Championship, forming the other half of Rolex Baltic Week. Separate starts took place for the two IMS Divisions, who today race their offshore race, an overnighter o