MUMBAI: ABG Shipyard Ltd, one of the country’s largest shipyards in private sector, has recorded a 99.7 per cent rise in net profit at Rs 20.12 crore for the third quarter ended December 31, 2005 compared to Rs 10.07 crore in the corresponding quarter last year
PORTSMOUTH — For a couple of months this fall, Norfolk Naval Shipyard is set to have three aircraft carriers – a quarter of the nation’s flattop fleet – undergoing overlapping maintenance, said Navy Capt. Joseph Campbell, the yard’s commanding officer.
The new vessel for the Malta service, originally called Massilia, will be renamed Euroferry Malta and will be deployed, together with the Eurostar Salerno, on a new service which will start on 28 January
World oil prices hit the highest levels for over three months on Tuesday, breaching 65 dollars in New York and 64 dollars in London, on rising geopolitical tensions in Iran and Nigeria, dealers said.
At the 1000GMT position report the three leading boats were bashing their way to windward in 20 knots of wind in short and uncomfortable seas. ABN AMRO ONE leads TWO by 25 nautical miles, having pulled out six miles since the 2200GMT report.
Nippon Mining & Metals Co. and Mitsui Mining & Smelting Co., which integrated copper refining operations, will invest in a new ship to transport copper concentrate, an intermediary copper material. The companies will invest about 4.5 billion yen (US$39 million)
Sea lanes have remained open during an unusually mild early winter. Temperatures have dropped in recent days, causing ice to form along some upper Great Lakes shorelines, but there isn’t enough to press the Mackinaw into service.
Having passed the Eclipse Island waypoint and collected 3.5 points Mike Sanderson and team aboard ABN AMRO ONE are still leading the second leg of the Volvo Ocean Race but the ever-threatening teammates aboard ABN AMRO TWO are just two miles astern.
VT Halter Marine announced Monday that it will build a fourth fisheries survey vessel for the National Oceanic and Atmospheric Administration. Construction on the estimated $30 million vessel is expected to begin in late May or early June
The European Parliament was all but certain to reject plans to liberalise port services across the European Union after EU legislators today called the proposals dangerous and unlikely to increase competition.
Husky Energy Inc. said Monday it has bolstered its holdings offshore of Newfoundland
A state report recommends that Virginia allow offshore exploration for natural gas and oil deposits but take environmental precautions before taking action.
Sergey Ivanov, Vice-Premier and Defense Minister, declared Tuesday Russia is ready to continue negotiations on further fate of navigation and hydrographic equipment of Black Sea Fleet.
Russia reinforced security at its Black Sea Naval Fleet facilities in Crimea Friday after Ukrainian personnel had taken control over a key navigation station that had been under Russian control for a decade, Ukrainian journal informed.
