The Viet Nam Shipbuilding Industry Corporation (Vinashin) in the first quarter of 2006 signed 14 contracts worth more than 400 million USD with partners from Japan, Denmark, China and the Netherlands.
U.S. light sweet crude oil futures for May delivery fell by a penny to $66.22 a barrel as an extended bout of profit-taking knocked prices further below the two-month high of nearly $68 a barrel struck on Monday.
DOHA: Qatar
South Korea –South Korea said Wednesday it has set up a task force to seek the release of a South Korean fishing vessel that was captured by pirates off the coast of Somalia.
Statoil has signed participation agreements for exploration drilling on three prospects in the Gulf of Mexico. Statoil has entered into an agreement with BP regarding participation in the drilling of an exploration well in Walker Ridge block 544 on the Tucker prospect.
At least 36 people were drowned when their boat capsized during a heavy storm on Lake Victoria, Tanzanian officials said on Wednesday. Ignas Mbinga, the regional police commander for western Tanzania, said only nine people survived the accident
Eight South Korean crew of a fishing vessel that was seized by pirates off the coast of Somalia on Tuesday were confirmed safe but the motive of kidnapping was not immediately known on Wednesday.
In the past six hours since the last poll, things have changed. Boat speeds have plummeted to well under ten knots and for the leader to under five. The wall, the remains of the decaying frontal system that the boats have to fight through to get to the trade winds, has whacked the boats and [&hellip
The naming ceremony of the ship owned by a consortium of A.P. Moller and Qatar Shipping was held at Samsung Shipyard in South Korea recently. Maersk Qatar has an LNG cargo carrying capacity of 145,000m3 and will enter RasGas service by the month-end.
The owner of a ship which sank in the Gulf off the coast of Bahrain killing 58 people has been detained for interrogation, according to reports reaching here on Tuesday.
Pirates have seized a South Korean fishing boat off the coast of Somalia – the latest in a series of such attacks. The Dongwon-ho 628, with a crew of 25, was fishing with two other South Korean boats in international waters, when two speedboats landed attackers on board.
The U.S. needs a cheaper way to build new ships in small quantities, Navy secretary Donald Winter said Tuesday. Winter said the Navy needs to provide more stability for shipyards, while industry needs to improve its balance of long-term planning and short-term
KUWAIT: Kuwait has officially taken delivery of the giant oil tanker Kazma 3 yesterday. Kazma 3 is part of the modern fleet of the Kuwait Oil Tanker Company which has embarked on a fleet renewal programme.
THREE workers
