POSCO said on Sunday it is rearranging its steel prices in response to fluctuating international prices and domestic demand. On May 1, the steel producer will lift prices of mini-mill products, stainless steel and cut steel plate prices. In a statement released on Sunday, the company said prices for
Hurricane Wilma destroyed or damaged most of the hotels and swept away virtually all of the beach sand in Cancun, Mexico, in October, but the recovery is nearing completion, at least as far as the average tourist is concerned. Two-thirds of the hotels have reopened and the beach is back, ahead of sc
Skipper John Kostecki wore a weary look of frustration as he leaned over the life line of Ericsson Racing to speak with the assembled media following Leg 5 of the Volvo Ocean Race. Kostecki felt the Swedish syndicate had just sailed a solid race, but the result – fifth out of six boats – did [&helli
The Carnival Sensation’s scheduled departure from Port Canaveral on March 23rd was delayed by more than six hours after Coast Guard inspectors cited the ship for “serious” safety violations related to its fire-control and flood-control systems. The problems were found during a semi-annual inspection
Carnival Corp. is counting on new cruises in the Persian Gulf and China to seed growth for the future, company officials told shareholders at the annual meeting Thursday. The Persian Gulf cruises, set to start next winter, will be offered by Costa Cruises and Aida Cruises, and will be sold primarily
Students majoring in engineering in non-maritime universities, especially those from the countryside in the central and western regions, will be allowed to apply for the post of sailor, an official with the Maritime Safety Administration (MSA) said on Wednesday. Relevant measures will be drafted and
Members of the Harbor Management Commission and other city officials on Wednesday celebrated the completion of the first phase of the dredging of Norwalk Harbor but continue to have serious concerns over the remainder of the project. Meeting the requirements for capping dredged material as outlined
Last weekend the first foundation pile was driven for the Egmond aan Zee Offshore Wind Farm, marking the start of the offshore construction work for this wind energy project. During the first phase 36 piles will be driven, on which the wind turbines will be installed. The construction materials will
The world’s first offshore gas platform entirely powered by renewables has started delivering natural gas to the UK, the energy companies behind the project said on Wednesday. The self-sufficient design of the Cutter platform in the southern North Sea reduces both costs and the environmental impact
China’s oil giant CNOOC Limited announced on Thursday its progress in a 2.6 billion U.S. dollar deal to gain access to offshore oil and gas in the designated area in Nigeria. The move is the latest success by the company to diversify its sources of oil imports to meet the growing demand for oil in [
Two state-owned oil companies from Argentina and Brazil have clinched a deal to jointly explore oil deposits in Argentina’s offshore area, the firms said on Thursday. Brazil’s Petrolos Brasileos, or Petrobras, and Argentina’s Energia Argentina SA, known as Enarsa, said in a statement that they were
A man found floating on a raft between Denmark and Norway says he was thrown overboard from a ship and was adrift for two or three days. He was picked up by a Norwegian gas tanker on Friday morning in the international waters of the Skagerrak. The man, who spoke English, was said to be […]
The long-running and highly reliable Asia Australia Express service (AAX) linking key Southeast Asia ports with Australia has been strengthened with a new ANL vessel, the 2,500 TEU
A NOK 185 million contract covering cables and associated equipment for direct electric heating (DEH) of underwater pipelines has been awarded by Statoil to Nexans Norway. Nexans is to deliver equipment for heating the Tyrihans pipelines. Involving 46 kilometres of 52 kV cable, the system will be us
