Calgary, Alberta – John C.S. Lau, President & Chief Executive Officer, Husky Energy Inc., announced that the Company has signed three petroleum contracts with the China National Offshore Oil Corporation (CNOOC) for exploration blocks in the South China Sea, China. The three exploration blocks cover
Dubai is studying investment potential in Panama, which could include a stake in plans to widen the Panama Canal, Emirates Today reported. Opportunities also exist in developing new port facilities, industrial zones, shipyard and dry dock facilities, real estate projects and a commodities exchange,
Aker Yards ASA reported a record high EBITDA of NOK 382 million for the second quarter of 2006, an increase of 59 percent compared with the second quarter of 2005. Order intake in the second quarter was NOK 4 669 million. In addition NOK 14 billion was added from the acquisition in France at closing
After a five-day cleanup effort, the Environmental Response Unit of the Canadian Coast Guard announced yesterday that 29,000 litres of oil, spilled in the port at Squamish, has either been recovered or washed up on shore. “The response organizations and the coast guard were all on scene within a cou
The Waverley is among the last sea-going steam ships in the world. She has hit the headlines again after running aground on Monday at Girvan Harbour during a routine summer excursion with 740 people on board. Clyde-built and launched in 1947, she replaced the previous Waverley which was sunk at Dunk
PORTLAND, Maine – The only container ship to regularly call on Portland has been seized in Canada, causing a disruption in the movement of cargo reminiscent of an episode two years ago, officials said. The K-Wind has been held in Canada since July 24 because of a financial dispute between the ship’s
welcome aboard the 126-metre Octopus, the luxury yacht belonging to Microsoft billionaire Paul Allen. It’s so large it cannot dock in ports on the French Riviera. Instead, it anchors several kilometres out to sea where a satellite-navigation system allows it to float in the same place without an anc
A collision between a tug boat and a commercial fishing vessel has left two fishermen with minor injuries. The incident happened about 11:25 Tuesday night in Seymour Narrows. The injured crew members are being taken to Campbell River by the Coast Guard Vessel Point Race One.
A 1,500lb Second World War bomb has been detonated off the Suffolk coast – creating a 300ft plume. The German air drop mine was trawled up by a fishing vessel on Monday afternoon, before being placed back on the sea bed, about one mile off the coast of Shingle Street, near Woodbridge.
Vripack Yacht & Ship Brokers proudly announces the sale of the 151 foot Palmer Johnson Expedition Yacht Turmoil, in conjunction with listing broker, Sparkman & Stephens. Turmoil has found a European owner, who will bring her across from the USA very soon. Vripack is particular pleased with the sale,
Greek cargo transporter Diana Shipping Inc. said Wednesday it swung to a loss in the second-quarter, after paying a one-time, acquisition-related preferential dividend. The company reported a net loss attributable to common shareholders of $7.1 million, or 15 cents per share, compared with profit of
Fugro has exercised its earlier agreed option to enter into a charter agreement with E Forland Shipowners (Norway) for the Seisquest, an 8-streamer 3D seismic survey vessel. The charter will be for four years (with options for extension) and will commence in May 2007 after the expiration of the vess
The Waverley paddle steamer is back on the water after an inspection by the Maritime and Coastguard Agency. The vessel has set sail for Tarbert less than 24 hours after it run aground at Girvan during a routine summer excursion with 740 people on board. The incident happened at 1600 BST on Monday as
A charter vessel belonging to Finland’s Strandbo group ran aground in the Turku archipelago late on Tuesday morning, the West Finland Coast Guard reported. The incident took place north of Korpo. The 25-metre vessel was transporting 42 passengers, as well as two crew members, at the time of the inci
