Oracle’s chances of winning the next America’s Cup have been dealt a serious blow with news that world-class tactician John Kostecki has left the team.
Husky Oil has reported a 72 per cent jump in second-quarter profit, a result of surging oil prices.
The Kizomba B development in block 15 off Angola, where Statoil has a 13.33 per cent interest, recently came on stream roughly five months ahead of schedule.
Residents of the Bahia area of northeast Novato hoping to restore backyard boat access to San Pablo Bay will have to pay at least $15.5 million – more than twice what they had expected for a long-awaited dredging project, consultants said this week.
CRUISE ships could bring sports fans to Greenwich for the 2012 Olympics. The Port of London Authority (POLA) says filling the Thames with giant passenger liners could be one way to ease the strain of tens of thousands of spectators flocking to the capital.
Domestic steelmakers’ export volume in the six months to June rose 8 percent to 8.14 million metric tons from a year ago, according to the Korea Iron & Steel Association.
As the last shipyard in the United Kingdom to carry out new-build commercial work, Ferguson shipbuilders of Port Glasgow represents the hope of saving the nucleus of such shipbuilding not just on Clydeside but also in the whole UK.
Royal Caribbean International and Celebrity Cruises have simultaneously launching online check-in for their guests, reducing the check-in process at the pier from minutes to seconds, and say they are the first cruise lines to do it.
The Norwegian coastal cruise liners “Hurtigruten” is more popular with summer travellers than ever before.
Prosafe ASA subsidiary Prosafe Rigs Ltd. secured a 19-week extension for the Safe Caledonia offshore Nigeria. The DP vessel is providing hook-up and construction support to Shell Nigeria Exploration & Production Co.’s Bonga FPSO.
THE European Commission says it has authorised a state guarantee scheme introduced by The Netherlands. Guarantees will be granted to financial institutions providing loans to Dutch shipyards in order to finance the construction of ships.
Exxon Mobil Corporation has revealed that its Angolan subsidiary has started production at the $3.5 billion Kizomba B project, which is designed to develop one billion barrels of oil from the Kissanje and Dikanza fields.
WASHINGTON
WASHINGTON — The Base Realignment and Closure Commission yesterday vowed to reconsider the closing of Portsmouth Naval Shipyard, as commissioners expressed alarm that New England would suffer disproportionately in the Pentagon’s plan to shutter or downsize dozens of bases across the country.
