A group of oil companies led by Chevron (CVX) could avoid more than $1 billion in royalty payments to the federal government for oil in a field they said they discovered in the Gulf of Mexico last week, according to a newspaper report. The potential bonus to Chevron and its partners stems from a mis
The Development Consent Authority (DCA) wants several matters clarified before it will allow building to start on the new passenger cruise ship terminal on Darwin’s waterfront. Conditional approval has been granted by the DCA and the Northern Territory Government says the facility is on track to be
An iron ore ship has run aground at Australia’s largest tonnage port at Port Hedland in WA’s Pilbara region. The 290-metre long vessel “Creciente” ran aground after breaking its moorings while loading ore in the early hours of this morning. Port Hedland resident Vic Watson says tidal conditions are
AP Moeller-Maersk AS will order 25 vessels from Chinese shipbuilders including Qingdao Qianjin Shipbuilding Co within the following 12 months, the China Business News reported. Citing a media officer from Maersk’s China office, the newspaper said that the the world’s largest shipping company signed
Authorities on the French island of Mayotte in the Indian Ocean say a ship with 76 people on board has sunk north-west of Madagascar. French rescue teams have found 43 survivors from the vessel, the Comoros-flagged Ali Mubarak, but 33 are still missing. Officials say the ship was on its way from Mad
Russia will scrap five nuclear submarines decommissioned from the Pacific Fleet by 2010 under a joint project with Japan, a Japanese deputy foreign minister quoted by RIA Novosti said Tuesday. The Victor class vessels will be dismantled under the Star of Hope program for the dismantlement of decommi
Authorities in Cyprus say they found what appears to be military radar equipment on a Syria-bound cargo ship detained on suspicion of arms smuggling. Police in Cyprus say the Gregorio 1 was carrying 18 trucks fitted with mobile radar they believe are part of an air defense system. The equipment was
Authorities are investigating the disappearance of an Ohio woman who was reported missing Monday from a Carnival Cruise Lines ship. The 36-year-old woman, whose identity was not released, had been on a four-day cruise to Key West and Mexico. The Miami-based cruise line said relatives last saw the wo
Imtech has been granted the order for the supply of the Automation package, the Blue-Line Integrated Bridge System as well as the complete Electrical Installation package for the 10 Singapore Police Coast Guard (SPCG) StanPatrol vessels. The vessels will be built at Damen Shipyard in Singapore and w
The world’s first 14-cylinder low-speed engine entered service on 1 September 2006 in a large, fast container vessel. Developed by W
Norwegian minister for the environment, Helen Bj
To commemorate Sept. 11, the keel of the second U.S. Coast Guard national security cutter being built here was declared authentic or “truly and fairly laid.” “We existed before 9/11 and we will continue to be here long after today,” Coast Guard Rear Adm. Gary T. Blore, executive officer of the integ
The Bridgeport Port Authority and the U.S. Army Corps of Engineers plan to dredge about 1.5 million cubic yards from the harbor and are awaiting results of a federal and state project on the uses for recycled sludge. The $2 million project will use sediment from a New Jersey harbor, which has a simi
Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for three sets of LNG-fired gas turbine combined-cycle (GTCC) power generation systems, 1,350 MW in total, for Morata Energia S.L. of Spain. Morata Energia is a special purpose company (SPC) established by Electrabel S.A. of Belgium. The
