Diana Shipping Inc., a global shipping company specializing in the transportation of dry bulk cargoes, today announced that it has entered into a time charter contract with Morgan Stanley Capital Group Inc., for one of its Capesize dry bulk carriers, the m/v Boston, at a gross rate of US$14,000 per
The offshore construction vessel, Island Intervention, of the SX121 design from ULSTEIN was named today. Shipowner Island Offshore has great expectations for the new vessel, which will carry out advanced operations in the Norwegian Sea this autumn. Island Offshore is a world leader within light well
Underwater Cable Project in Thousand Island Administration Regency keep conducted by Jakarta Provincial Government. It is targeted that unde… (beritajakarta) [mappress] Source: beritajakarta, August 12, 2011;
BAM Nuttall has won contract for Pier construction work at Dover Port. Extension of pier A, Eastern Docks, Installation of fendered monopile and piled deck extension to existing pier to accomodate vessels of greater length. Contract was awarded on 28th July, 2011 in Restricted Tendering Procedure. V
Van Oord, the renowned, globally operating dredging, marine and offshore contractor from the Netherlands has engaged the Sietas shipyard in Hamburg for the final fitting-out and commissioning of its new flexible fallpipe vessel, “Stornes”. This special offshore vessel was transferred to the port of
NWS Holdings Limited today announced that New World First Holdings Limited which is jointly owned 50-50 by Chow Tai Fook Enterprises Limited and NWS Holdings has entered into a sale and purchase agreement with Shun Tak – China Travel Shipping Investments Limited (“STCTS”) to dispose of all shares in
Nautilus Minerals Inc has become the first private sector organisation to be granted offshore exploration licences in Fiji. The Fijian Government has granted the company 14 special prospecting licences, covering a total of approximately 60,000 km2. The territory is considered highly prospective, hav
Skippers were yesterday warned to watch out for a runaway mini submarine that could be roaming the North Sea at high speed… (dailyrecord) [mappress] Source: dailyrecord, August 12, 2011;
African Petroleum Corporation Limited commenced drilling its first exploration well in Liberia on 8 August 2011 with the Maersk Deliverer semi-submersible deepwater drilling rig. The Company has a 100% interest in Blocks LB-08 and LB-09 and is fully funded for a further 5 additional exploration well
Bahamas Petroleum, the oil and gas exploration company with offshore license permits in The Commonwealth of The Bahamas, announces that Dr Paul Crevello, Chief Executive Officer, has resigned with immediate effect for personal reasons. Following this resignation, Alan Burns, Non-Executive Chairman a
Bahamas Petroleum, the oil and gas exploration company with offshore license permits in The Commonwealth of The Bahamas, announces that Dr Paul Crevello, Chief Executive Officer, has resigned with immediate effect for personal reasons. Following this resignation, Alan Burns, Non-Executive Chairman a
WAVE energy projects are gaining a groundswell of interest, with locally designed technology starting to deliver stable power to the grid… (smh) [mappress] Source: smh, August 12, 2011;
In this year’s ‘Global Container Terminal Operators’ annual report, Drewry Maritime Research has introduced an additional ranking of terminal operators which includes SIPG, China Merchants, Modern Terminals and Ports America in the Top 10. The Drewry World Container Terminal Ownership Ranking has b
Solstad Offshore ASA (SOFF) have signed a Letter of Intent (LOI) with Subsea 7 for hire of SOFF’s offshore construction and support vessel (CSV) “Normand Oceanic”. The agreement is for a firm charter period of 3 years with 3 x 1 year option. Commencement is currently expected to be April 2012. The c