President Bush said Friday he was troubled by the political storm that forced the reversal of a deal allowing a company in Dubai to take over take over operations of six American ports, saying it sent a bad message to U.S. allies in the Middle East.
The ship Jiang Ning Guan of the Cosco Guangzhou China Company became stranded on its way of entering Hai Phong Port
The order worth EUR 27.9. million means 200 man years of work for Aker Yards, Rauma where the conversions take place for deliveries in January and August 2007.
Reorganization of Russia
A developing weather system to the east of the leaders has given ABN AMRO ONE the chance to look for reaching winds to take them to the finish. Pirates, Brasil 1 and ABN AMRO TWO, followed by Ericsson, are still hard on the wind.
A new and more protective set of international rules governing the dumping of wastes at sea will take effect March 24. Based on the precautionary principle, the new rules also include the principle that the polluter must pay for damages.
India will commence production of gas from its first deep sea fields at Krishna Godavari basin in Bay of Bengal before this monsoon, Oil and Natural Gas Corporation chairman Subir Raha said today.
Myanmar says it has the world’s tenth-biggest gas reserves estimated at more than 90 trillion cubic feet (Tcf) in its 19 onshore and three major offshore fields, although the BP Statistical Review puts proven gas reserves much lower at 19 Tcf.
Aker Kvaerner has been awarded a contract with Samsung Heavy Industries Co. Ltd in South Korea for delivery of bow loading systems for three new shuttle tankers able to operate in arctic conditions.
The world’s biggest container ship is on its maiden voyage to Europe from Shanghai. With four more vessels of similar size due this year, sending launches to a record 1,992, the shipping industry faces a capacity glut.
President Bush still faces bipartisan rancor in Congress over terrorism vulnerabilities at American ports even though an election-year veto battle over a Dubai-owned company’s U.S. port plans has been defused.
Mullen said the Navy would need to spend about $13.5 billion a year on shipbuilding to support the new construction plan and increase the size of the fleet. The 2007 defense budget, submitted to Congress last month, calls for spending $10.5 billion.
Dubai Ports World (DPW) is to transfer its US ports business to a “US entity” to end a row over its takeover of P&O.
M
