Bangladesh has discovered a new gas field near the capital Dhaka with approximate reserves of up to 500 billion cubic feet (Bcf), a key energy official said on Wednesday. Bangladesh Petroleum Exploration and Production Company Limited (BAPEX) found the gas field located in Block 9 at Gazipur, about
The Russian government will hold a regular meeting on Thursday. Minister of Industry and Energy Viktor Khristenko will deliver a report on the strategy of the country
ALTHOUGH Malaysian shipyards have never had it this good before, they are somehow still far behind their Asian counterparts. Thanks to a booming global shipping industry, Malaysian shipyards are working overtime, mostly to meet backlog orders that could stretch well into 2008. The biggest player, Ma
FOLLOWING the deregulation of the Nigerian ports industry, the Federal Government has called on foreign investors to build and owned shipyards on a 100% ownership basis in Nigeria. Disclosing this recently in Lagos while receiving some American journalists in her office, the Director-General of the
Lloyd
Austal USA will expand its Mobile shipbuilding operations and create an estimated 250 new jobs. John Rothwell, founder and executive chairman of parent company Austal Ltd., told shareholders on Monday that he expected employment at the Mobile plant to grow by about a third as a result of the expansi
The Coast Guard is responding to a capsized fishing vessel 60 miles south of Sand Point in the Aleutian Island Chain. The Coast Guard received a call from the car carrier Overseas Joyce at 9:49 a.m. today, relaying a mayday from the fishing vessel Ocean Challenger. Three of the four crewmembers of t
Greenpeace is calling on the Fiji authorities to investigate a pirate fishing ship docked in Suva harbour. The Wen Teng 688 was blacklisted by the Inter-American Tropical Tuna Commission last year after carrying out pirate activities in the Eastern Pacific Ocean. A Greenpeace intern claims he saw cr
APM Terminals part of Denmark’s AP Moller-Maersk group installed large numbers of reefer stacks when it built the new terminal because Zeebrugge is an important import and export point for fruit and perishable goods. The stacks are meant to help general container shipping lines to win more of that t
Europe’s fisheries commissioner is in Scotland on a fact-finding mission ahead of EU fish quota negotiations. Joe Borg’s two-day visit to Aberdeen, Shetland and the Western Isles is likely to be dominated by opposition to a proposed ban on cod fishing.
Emirates Team New Zealand has launched its second 2007 race yacht, with Prime Minster Helen Clark performing the honours at the team
The 11th annual Azimut Yachts Dealers Meeting took place in Milan, on the 5th of October 2006, at the Principi di Savoia Hotel. This meeting represented the most important moment in the annual activities between Azimut Yachts and their worldwide dealers: this meeting gathered the Board of Azimut Yac
Tamil Tiger rebels have carried out a suicide attack on a naval base in the southern Sri Lankan tourist city of Galle. Eyewitnesses to the attack and the chaotic aftermath describe what they saw. When we heard the first blast, we didn’t know what it was. We immediately ran to get a view of the [&hel
ISS, the International Superyacht Society, has announced that noted actress, Stephanie Zimbalist, will emcee the large yacht industry
