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News

Y-702 82m arrives at oceAnco
News

Y-702 82m arrives at oceAnco

On April 15th 2006, less than twelve months after her keel was laid, Y-702’s hull and superstructure were ready to be transferred to the oceAnco facility. Later that day, the superstructure was positioned on the hull before the yacht was transported to the quay at the oceAnco facility in Alblasserda

about 20 years ago
OceanWorks completes VENUS Project Phase 1
News

OceanWorks completes VENUS Project Phase 1

OceanWorks International has announced that on February 25, 2006 Phase I of project VENUS (Victoria Experimental Network Under the Sea) officially became Canada

about 20 years ago
Vietnam discovers large volume of oil and gas
News

Vietnam discovers large volume of oil and gas

The Vietnam Oil and Gas Corporation (PetroVietnam) discovered a large volume of oil and gas at several major fields offshore in the first quarter of this year, announced the corporation at a press briefing in Hanoi on April 12.

about 20 years ago
Earnings Preview: Drilling Services
News

Earnings Preview: Drilling Services

Drilling contractors have struck pay dirt in the current market of high oil prices and short supply of drilling rigs, and investors anticipate sharp gains when the industry’s largest report earnings over the coming week.

about 20 years ago
Shipping rates drop further
News

Shipping rates drop further

Shipping rates continued to decline amid an increasing number of vessels and as refineries in Asia close for maintenance. Rates for Aframax and very large crude carrier (VLCC) on select routes have fallen more than 30% so far this year. During the first quarter, Aframax and VLCC rates were respectiv

about 20 years ago
New Singapore to Bangladesh shipping line
News

New Singapore to Bangladesh shipping line

South Korea’s top container shipper, Hanjin Shipping Co., inaugurated a shipping line Friday between Singapore and Bangladesh. Hanjin Shipping and Singapore’s shipper Sea Consortium Pte. Ltd. are operating five ships to provide a service once every four days between the ports of Singapore, Malaysia’

about 20 years ago
Maritime workers honour Emeh, Nmerukini, Wike
News

Maritime workers honour Emeh, Nmerukini, Wike

Martime Workers Union (shipping and courier branch) of Port Harcourt District has honoured the state commissioner for transport, Mr. Emeh Glory Emeh, the chairman of Port Harcourt Local Government Council, Hon. Azubuike Nmerukini and the chairman of Obio/Akpor Local Government, Barr. Nyeso Wike for

about 20 years ago
Japan warned not to conduct maritime research in disputed area
News

Japan warned not to conduct maritime research in disputed area

The South Korean government warned Friday that it will take stern measures if Japan conducts maritime research in waters near the disputed islets located in the East Sea (Sea of Japan) without South Korea’s approval.

about 20 years ago
Container stowaways ‘faced death’
News

Container stowaways ‘faced death’

group of suspected illegal immigrants who had been in a container for nearly three weeks were “saved from death” by sharp-eared dock workers.

about 20 years ago
VOR: Ripping time
News

VOR: Ripping time

Yesterday Paul Cayard referred to his sailmakers, Justin Ferris and Dirk de Ridder spending hours at the sewing machine repairing their big red spinnaker after what the skipper called,

about 20 years ago
Qld ports expand to cater for mineral boom
News

Qld ports expand to cater for mineral boom

The Port of Weipa in Far North Queensland will be dredged to allow larger ships to dock, the Queensland Government has announced. The Ports Corporation of Queensland will spend $27 million to widen and deepen the port’s south channel to prepare for future expansion of the port.

about 20 years ago
Nexen loses arbitration case to former parent over Yemen offshore properties
News

Nexen loses arbitration case to former parent over Yemen offshore properties

Nexen Inc. has lost an arbitration with its former parent company over disputed offshore energy properties in Yemen, but the Middle Eastern country is no longer as vital to the firm with major new production expected from the North Sea, the Alberta oilsands and elsewhere.

about 20 years ago
Hail Mary, Brooklyn
News

Hail Mary, Brooklyn

Red Hook dock workers

about 20 years ago
Ship sinks in Japan after collision
News

Ship sinks in Japan after collision

Philippin-registered container ship sank Thursday near the mouth of Tokyo Bay, after colliding with a Japanese freighter, according to local media reports. The 6182-ton “Eastern Challenger” sank shortly after 12:00 a.m.local time (0300 GMT

about 20 years ago
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