Zurich, Switzerland, June 15, 2006 – ABB, the leading power and automation technology group, announced today it has won a $33 million contract with Tianjin Power Co. for power equipment to help satisfy increasing demand for reliable power in China’s third-largest city. The rapid growth of the Tianji
Brazil’s federal energy company Petrobras (NYSE: PBR) has plans to start operations of its US$895mn, P-52 semi-submersible platform in early 2007, the company said in a statement. Petrobras hired Brazilian shipyard Brasfels to build the topside. Singaporean shipbuilders Keppel Fels built the hull, w
Belfast’s Harland and Wolff shipyard is embarking on a new venture – tearing ships apart for recycling. The yard which built the Titanic has joined forces with environmental waste management company Golder Associates and is bidding to become the first in the UK licensed for the environmentally-frien
Representatives of the company trying to build a liquefied natural gas terminal at the Sparrows Point shipyard Tuesday tried to convince members of the Baltimore County Council not to vote for a bill that would instantly block their efforts. Council Chairman John Olszewski, D-District 7, said he pro
Singapore-based First Ship Lease or FSL has agreed to buy 2 chemical tankers from an Indonesian shipper for US$90m. The purchase will boost FSL’s operational presence in the region and raise its fleet size to 10.
A contract to build the world’s first floating nuclear power plant was signed here on Wednesday. The customer is the Rosenergoatom concern. The facility will be build by the Sevmash shipyard, a defense sector enterprise. According to Rosenergoatom director Sergei Obozov, the construction will begin
Soaring oil prices have cost UK businesses
Shanghai. June 14. INTERFAX-CHINA-China’s second domestically-constructed LNG tanker left dry dock on Monday, according to the builder, the Hudong-Zhonghua Shipbuilding Group. The 147,210 cu m tanker that has total LNG storage capacity of 65,000 tons, cost as much as USD 160 mln to build. It is expe
ST-LOUIS-DE-GONZAGUE, Que. (CP) – A bridge southwest of Montreal has been forced to close for an undetermined period after being rammed by a cargo ship Tuesday. The accident also closed the St. Lawrence Seaway for about an hour. Two holes were punched into the bow of the Voyageur Independent during
The Greek company said Tuesday it would take delivery of the ship next month. Upon delivery the vessel will be chartered to Bocimar Belgium NV of Antwerp, Belgium, for 11 to 13 months at $21,000 per day net.
The Nam Trieu Shipbuilding Industry Company on June 13 successfully launched a 53,000 tonne ship in the northern port city of Haiphong. The ship, named Graiglas, is designed for transporting dry cargo. It is one of the two biggest made-in-Vietnam ships built so far by Vietnamese workers. The other s
Vetco Aibel has been awarded a contract worth around NOK 700 million by Statoil for installation of a compressor module on the Sleipner B platform in the North Sea. The module will increase production of gas and condensate on the Sleipner West field. Without pressure support production from this fie
Gov. Linda Lingle and U.S. Sen. Daniel K. Inouye will attend a blessing this weekend at a Connecticut shipyard for the USS Hawaii, the Navy’s newest and most advanced submarine. The Navy hasn’t picked a home port for the ship, but Lingle and Rear Adm. John Donnelly, deputy commander of the Pacific F
Johor stopped supplying sand to Singapore in 2000, and has since monitored sand-dredging activities in areas where permits have been issued. Menteri Besar Datuk Abdul Ghani Othman told Ayub Jamil (BN-Rengit) in the state assembly yesterday that 97 such permits had been issued to date. In a reply rea
