The government announced on Tuesday that it plans to build 25 lighthouses to assert its control over outlying islands, amid a border dispute with Malaysia. “A lighthouse is not only for guiding ships but it is also a mark of Indonesia’s sovereignty in those particular waters,” transportation ministe
Some popular authors and commentators
ABS continues to be at the forefront of technical standards for gas production at sea and transport technologies with its approval in principle (AIP) of a novel concept from ABB Lummus Global (ABB) for a liquefied natural gas and liquefied petroleum gas, floating production storage and offloading un
It is learned from the Ministry of Commerce that as of April 1, China will introduce a record system for international shipping agent enterprises. Under the system, no threshold will be set up, nor any fees will be charged from enterprises.
GULFPORT (AP) – A study shows a cruise line terminal at the state Port of Gulfport would cost $30 million to $35 million. The study, released Friday by port director Don Allee, recommends the terminal be located at the former site of the Copa Casino off U.S. 90.
Several factors in the global economy, record increases in ship building, and an effort by the cruise lines to create more innovative vessels have all contributed to the cruise industry
China’s top shipping group, China Ocean Shipping (Group) Co. (COSCO), plans to float its container shipping arm, the world’s seventh largest, in a Hong Kong IPO that is expected to raise more than US$1 billion. Hong Kong-listed COSCO Pacific Ltd., which leases shipping containers and operates termin
PPL Shipyard, a subsidiary of SembCorp Marine has signed a rig building contract worth US$121 million with Wilsuperior Ltd, a subsidiary of Awilco Offshore ASA for the construction of a Baker Marine Pacific Class 375 Deep Drilling Offshore Jackup Rig. The Construction Contract is an option that PPL
CNOOC Limited recently announced that the company and ConocoPhillips China Inc. (COPC), the cooperative partner of Penglai Oilfield 19-3, had signed a contract with the China State Shipbuilding Corporation (CSSC) for building a super large 300,000 DWT (Dead Weight Ton) floating, production, storage
Vietnam
Shell Development (Australia) Pty. Ltd., has sold its interests in Laminaria and Corallina oil fields, adjacent AC/P8 exploration acreage, and the Northern Endeavour floating production, offloading, and storage vessel (FPSO) to Woodside Energy Ltd. and Paladin Oil & Gas (Australia) Pty. Ltd. under s
The year 2004 has been pretty volatile for the global shipping industry, including the Indian players, as freight rates were impacted by uncertain moods of the oil market and a natural disaster towards the end of the year. Rising global oil production and demand led to shipping companies ramping up
For the seventh time, the Dubai Department of Tourism and Commerce Marketing (DTCM), with the Dubai Cruise Terminal, is participating in the 2005 edition of Seatrade Cruise Shipping Convention in the US city of Miami from March 14th.
Federal regulators have approved a $360 million redevelopment project of the Port of Anchorage. The Federal Maritime Administration endorsed the project this week, determining that it will have no significant impact on the surrounding environment. The first phase, to improve rail and road access, be
