Shell China Holdings BV (Shell) has acquired a 75% share in Beijing Tongyi Petroleum Chemical Company Limited and Xianyang Tongyi Petroleum Chemical Company Limited, which produce and market China
The 2003 Solitaire du Figaro winner Armel Le Cl
The CKYH Alliance (COSCON, “K”Line, Yang Ming, and Hanjin Shipping) plans to reform its Asia/Europe service loops starting from November, 2006. Currently CKYH operates 7 loops in Asia/Europe service. After review of calling ports in each existing loop and reform many duplicated port-pairs, CKYH will
Norway’s authorities have seized another Russian trawler off its Arctic coast, a Russian fishery official said Thursday. “The Norwegian authorities have reportedly accused the ships’ crews of unauthorized fish reloading from two trawlers in Norway’s territorial waters,” a spokesman for the Russian F
The U.S. Coast Guard Saturday seized a foreign fishing vessel for illegally fishing inside the 200 mile U.S. Exclusive Economic Zone (EEZ) at Howland/Baker Islands in the South Pacific Ocean, about 1,700 miles southwest of Honolulu. The Coast Guard Cutter Walnut is currently escorting the fishing ve
A woman is dead and two men were rescued following an early morning collision, yesterday, between a 600 foot freighter and a 92 foot sailboat five miles north of Roanoke Point Shoals in Long Island Sound. Roanoke Point Shoals is located north of Riverhead, N.Y., along Long Island’s North Shore. A Co
Norwegian offshore services company Siem Offshore Inc. (SIOFF.OS) Thursday said it has signed a five-year charter contract worth $80 million with Veolia Environment Inc. (VE) for its multipurpose Field & ROV support vessel. Veolia Environment has an option to purchase the vessel at the end of the fi
Avista Capital Partners, a leading private equity firm, today announced it has committed to invest $27 million in FDR Holdings Limited (dba Frontier Drilling) and certain of its subsidiaries in conjunction with other partners to partially finance Frontier’s acquisition and refurbishment of the Trans
The Board of Directors in the three W
Global Marine Energy PLC said its US subsidiary Patriot has secured additional orders worth 10 mln usd, including options exercised by the clients. The orders are from China’s Dalian New Shipbuilding for the supply of marine deck cranes to build new rigs. The orders follow the 9.6 mln usd worth of o
Bender Shipbuilding & Repair Co. Inc. has struck a deal with Trico Marine Services Inc. to build a pair of 210-foot offshore supply ships, the partners have announced. Trico (Nasdaq: TRMA) valued the deal at $35 million. Construction will start at Bender’s Mobile shipyard during the first quarter of
A 61-year-old man has been arrested on suspicion of manslaughter in connection with the deaths of three sailors who drowned in the English Channel after their yacht disappeared, police have said. The man, who was a crew member on a P&O ferry, was arrested yesterday morning at a police station in Ham
As visitors poured into the Southampton Boat Show to admire the many exhibits on display 70 British companies are proudly promoting British excellence overseas, as part of the Superyacht UK pavilion at the Monaco Yacht Show. Nearly half (30) of the companies exhibiting are based in the UK pavilion i
Among the American companies working to rebuild the war-torn and neglected Iraqi landscape is a Maryland manufacturer that recently won contracts for dredging equipment worth millions of dollars.Ellicott Dredges, a division of Baltimore Dredges LLC, has supplied equipment for projects from Baltimore
