With 14,000 laborers toiling day and night, the first of Dubai’s three palm-shaped islands is finally about to get its first residents. The Palm Jumeirah, a 12-square-mile island group, is part of what’s billed as the largest land-reclamation project in the world, the product of five years of brute
BP Exploration Alaska, Inc. has begun an orderly and phased shutdown of the Prudhoe Bay oil field following the discovery of unexpectedly severe corrosion and a small spill from a Prudhoe Bay oil transit line. Shutting down the field will take days to complete. Over time, these actions will reduce A
BMW Oracle Racing capped three days of brilliant racing by claiming the prize for the German Sailing Grand Prix after posting four additional wins yesterday. On another sparkling day in Kiel, thousands of sailing fans and hundreds of boaters turned out again for the final day of the first-ever Ameri
New Zealand scored a one-two in the 420 world yachting championships off the Spanish coast today (NZ time). Carl Evans and Peter Burling won the gold medal and a second New Zealand crew, Simon Cooke and Scott Illingworth, won the silver, with both achieving the top placings with a race to spare. The
The second ropax vessel of the series of five sister vessels has been delivered by Fincantieri to Finnlines in Ancona, Italy. The name of the vessel is MS Finnmaid and she will start plying under the Finnish flag between Helsinki, Finland and Travem
Royal Dutch Shell PLC (RDSB.LN) said Monday that its West Coast refineries do not anticipate a crude shortage in the near term as a result of BP PLC’s (BP) decision to shut its Prudhoe Bay oil field in Alaska. The company’s 143,000-barrel-a-day Puget Sound refinery in Anacortes, Wash., does run a fl
A South Korean fishing boat with 25 crew members seized by pirates off Somalia in April has arrived in Kenya. The Dongwon-ho 628 was released after the alleged payment of a ransom of several hundred thousand dollars. Wearing tattered clothes, the sailors were greeted with cheers from diplomats and j
Rescue workers conduct rescue operation in the sinking container cargo ship “Hanlun” near Dachandao Island in Shenzhen of south China’s Guangdong Province on Aug. 5, 2006. The ship, which set off from Guangzhou, capital of Guandong Province, sank in the sea near Dachandao Island, with 8 crew rescued
A stricken bulk carrier, the Shearwater, that had been taking on water arrived in Durban harbour on Sunday, port control said. Water has been successfully pumped out of the carrier in heavy seas off northern KwaZulu-Natal and the vessel was no longer listing, officials said. Earlier a spokesperson f
An old vessel brought from Malaysia for scrapping sank in the Bay near Sandwip channel Sunday. Sitakunda police said the ship weighing about 1000 tonnes brought by Rahman Ship Breaking Company arrived at the outer anchorage on August 2. The vessel started sinking in the Bay Saturday as water gushed
The Apostle Andrew Russian oceanic yacht finalized a 112-day Antarctica voyage in St. Petersburg on Sunday. The 19-meter-long sailing boat
A helicopter survey of the damage left by 50 tonnes of bunker fuel that has spilled in Howe Sound, north of Vancouver, confirmed the black, heavy slick now extends one-and-a-half kilometres long. And an additional kilometre of oil has been pushed towards the Squamish, B.C., coastline, affecting the
According to the Bermuda daily, Royal Gazette, excess capacity in the global fleet of liquefied natural gas carriers will be at its highest this decade in 2008, due to a growing, worldwide fleet causing lower utilisation rates and it is predicted by analysts that utilisation of the LNG fleet will fa
COSCO Corporation (Singapore) Limited announced Friday that its subsidiary COSCO Shipyard Group has gained the first batch of Floating Storage and Offloading Unit (FSO) new building and conversion contracts. According to a statement issued by the company, the contracts, involving an FSO new building
