Fairmount Tug Delivers Emma Maersk to Repair Yard in Palermo, Sicily Super tug Fairmount Alpine has delivered the container vessel Emma Maersk, one of the largest container carriers of its kind, at Fincantieri’s repair yard in Palermo, Sicily. Blue Star Line’s Chairman Unveils Design Plans for Titan
Subsea 7, one of the world’s leading subsea engineering and construction companies, has launched an interesting video of its Seven Oceans deepwater rigid pipelay vessel. The ‘Seven Oceans’ flexlay lay vessel is suitable for the installation of rigid pipes up to a diameter of 16” on the ocean floor i
Kuwait’s Minister of State for Cabinet Affairs and Minister of State for Planning and Development Rola Dashti invited Thursday Chinese investors to have a share in the development projects in Kuwait. “Kuwait is looking forward to bigger contribution from China state-owned and private companies in th
PGS has completed its 6th MC3D survey offshore Lebanon, in preparation for the upcoming license round. On February 19, PGS completed its 6th MC3D survey offshore Lebanon, The 2,200 sq km PGS MC3D LEB2013 survey will be available for the upcoming license round. The survey, acquired in cooperation wit
The Executive Committee of Abu Dhabi Executive Council today approved funds for a designing and constructing a new port on Delma Island. The approval was given at a meeting chaired by Sheikh Sultan Bin Tahnoun Al Nahyan, Chairman of Abu Dhabi Tourism and Cultural Authority (TCA) and member of the Ex
The Pakistani Prime Minister Raja Pervez Ashraf has said that Pakistan is keen to go ahead with the proposed gas pipeline project with Iran in order to overcome its energy crisis. He also said that Pakistan is facing a serious energy crisis and we want to end it as soon as possible, Iran’s SHANA new
Gazprom Marketing & Trading Switzerland AG and Levant LNG Marketing Corporation executed the Heads of Agreement (HOA), outlining the main terms of an exclusive offtake arrangement from Tamar floating LNG project for a 20 year period. The aim of the future deal is to expand Gazprom’s LNG marketing an
The Pakistan Foreign Office underlined that Pakistan would go ahead with the Iran-Pakistan Gas pipeline despite US reservations. Foreign Office spokesman Moazam Khan in his weekly briefing said that US has its reservations on the IP gas pipeline as it has imposed sanctions on Iran but that it’s thei
Waha Capital PJSC , an Abu Dhabi investment company, announced that it has sold its three Anchor Handling Tug (AHT) vessels held by its wholly-owned subsidiary, Waha Offshore Marine Services (WOMS), to Stanford Marine Group. Waha Capital has a 49% shareholding in Stanford Marine Group. WOMS was esta
RasGas Company has added yet another achievement to its array of successes in the field of environment when the company recently received the Gulf Co-operation Council (GCC) Award for Best Environmental Activities in the field of “Best Industrial Organisation Complying with Environmental Standards.”
Drewry’s latest Dry Bulk Insight report shows that the Drewry Hire Index suffered a further decline in the first month of the New Year. The main culprit was the Capesize segment, where lower demand eventually led to a decline in their freight rates. The outlook for 2013 remains bleak, with unpromisi
Iran’s gas exports’ revenue will hit 14 billion dollars by 2016, director of Finance Department of the National Iranian Gas Company (NIGC), Piroz Monjezi said. “Currently the company exports 8 billion cubic meters of gas annually,” he said, adding that with regard to recent agreements with some neig
Emirates LNG has signed a lease agreement for 260,000sqm of land from the Government of Fujairah on Thursday February 21st to accommodate its planned LNG import terminal and regasification facility. The land is located adjacent to the ESC (Emirates SembCorp) power and desalination plant at Qidfa. A
Costa Concordia Salvage Operation: First Sea Bottom Platforms Installed On 9th February, at the periodic meeting of the Observatory with the Giglio community, president Maria Sargentini, accompanied by Costa Crociere managers, Rome La Sapienza University researchers and Titan/Micoperi Consortium exp
