The North Sea oil industry is stepping up a campaign to prevent the full implementation of new working time rules on offshore installations. The government is to tighten the law, giving offshore workers the same rights to time off as onshore staff.
Shares of Hercules Offshore Inc., a supplier of shallow-water drilling and liftboat services to oil and gas explorers, gained on Thursday after analysts endorsed the company’s acquisition of 13 liftboats from Halliburton Energy Services Nigeria Ltd.
Bigger, faster, stronger: That is the plan for the updated offshore rescue system unveiled by China Rescue and Salvage Bureau yesterday. Operational by 2010, the new system will mean rescue vessels will be able to reach any spot within 50 nautical miles (92.6 kilometres) of the coast in two and a ha
Malaysia and China Friday signed a memorandum of understanding (MoU) to strengthen cooperation in the maritime and shipping sector. Minister of Transport, Datuk Seri Chan Kong Choy, signed the MoU on behalf of Malaysia and China was represented by its Minister of Communications, Li Shenglin.
The country
Samsung Heavy Industries, the world’s third-largest shipyard, raised its target for new orders this year 56 percent as growing global trade and higher demand for oil products have prompted shipowners to buy more vessels. Samsung Heavy expects to win US$12 billion (HK$93.6 billion) of orders this yea
PORTSMOUTH NAVAL SHIPYARD — The crew of the USS Santa Fe will join five other submarine crews who are calling the Seacoast their temporary home. The crew of 14 officers and 128 enlisted men arrived at the Portsmouth Naval Shipyard Thursday morning, cruising down the Piscataqua River on the one-year
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Bill Joy was once called “the Edison of the Internet.” Now he’s building his $50 million dream boat – an eco-friendly, 190-foot superyacht named Ethereal. Bill Joy is wearing bright-red sneakers and a boyish grin that belies his 52 years. Although dusk has settled over the Netherlands’ Royal Huisman
The first three of an order for eight Robert Allen designed Z-Tech tugs were launched in a 10-day period, the last one on August 24. Powered by a pair of Wartsila 2448HP medium speed engines driving Schottel propellers, the “Bocas Del Toro”, “Darien” and “Veraguas” will be delivered to the Panama Ca
Porto Cervo, Italy
Vietnam’s leading shipbuilder Vinashin expects to earn US$500 million from shipbuilding contracts through next year, the Trade Ministry has reported. Export turnover from country
The Philippine Coast Guard (PCG) has reported that the sunken oil tanker in Guimaras continue to leak about 200-300 liters of oil per hour. In a television interview Tuesday, PCG Vice Admiral Arturo Gosingan said only an unmanned submersible can reach the tanker but the PCG does not have this kind o
A group of armed men seized the Russian tanker Luchegorsk, belonging to the Maritime Naval Steamship Co., off the shore of Guinea. The crew, consisting of 19 Russian sailors and a Chinese translator, was accused of violating Guinea’s economic zone. The ship was escorted to the port at Conakry. The R
