ExxonMobil has spent over N39.60 billion ($300 million) on rig operations in Nigeria and other West African countries in 2005.
GE and ANZ Investment Bank Arrange US$120 Million Debt Facility for Sevan Marine’s Innovative, High Tech Floating Oil Production, Storage, Offloading Unit to Be Chartered To Petrobras
Local ship building company, NGV Tech Sdn Bhd, has entered the final phase of negotiations with a French consortium for a RM750-million contract to build several passenger ferries, its executive chairman Zulkifli Shariff said.
MUMBAI: The country’s largest private shipyard, ABG Shipyard, entered the bourses of the Bombay Stock Exchange by listing its recently concluded IPO at Rs 280 per share as against the price band of Rs 185 determined by the company.
Big Boat Challenge 2005 on Sydney Harbour: The start – a mini-version of the Rolex Sydney Hobart Yacht Race on 26 December. The finish
There are only four days left until the start of the 2005 Sydney International Regatta (SIR), with plenty of talent ready to hit the water.
The duel between Blue Tango and Bree was the talking point of the annual Sail Rock race held on Saturday by the Whangarei Cruising Club.
Following the success of the 2002 inaugural event, Challenge Business has today announced that the Challenge Transat race – from Southampton to Boston and back – is to be run again next summer with a start date of 13 August.
The Pirates of the Caribbean were back on the water and sailing yesterday for the first time since withdrawing from the opening leg of the race.
The industrial dispute which brought tens of thousands of protestors onto the streets of the Republic of Ireland has taken another turn for the worse.
Auckland, Tauranga and Port Chalmers look set to be the ports of call for 11 big container ships to be operated by the combined Maersk P&O Nedlloyd group on the eastward run to Europe.
WASHINGTON — The mysterious disappearance of a Connecticut man during a honeymoon cruise is drawing congressional attention to a seamy side of the glitzy cruise ship industry: Sometimes passengers end up crime victims.
As if dealing with the fallout from the Songhua benzene spill were not enough, China has had to cope with a wave of serious pollution incidents this week.
Shanghai’s container cargo handling capacity will double to 30 million boxes by 2010, after yesterday’s opening of the $16 billion Yangshan deep-water port, dislodging Hong Kong as the world’s busiest harbor.
