News

Royal Dutch Shell Plc is restarting the largest crude distillation unit at its Singapore refinery less than two weeks after the plant was shut because of a fire, three industry sources

UAE energy firm Dana Gas is still negotiating terms to enter into the Syrian and Algerian markets while it is also looking at opportunities in Libya, its chief executive officer told a local newspaper on Monday

The US Environmental Protection Agency's raising of emissions limits for 10 states under its Cross-State Air Pollution Rule under proposed revisions Thursday has caused a BNP Paribas

Vestas has secured an order from Green Mountain Power to deliver wind turbines for the 65MW Kingdom Community Wind project in Vermont, US.

Japan's crippled Fukushima Daiichi nuclear plant remains stable, despite a 5.5 magnitude offshore earthquake hitting the surrounding area today, according to operator Tokyo Electric Power Company (TEPCO).

China Resources Power Holdings has selected Emerson Process Management to automate two new ultra-supercritical units of 1000MW Puqi power plant in China.

Handysize and handymax charter rates will remain stable at their current level until the end of the year, supported by a strong global grains trade, and according to a fresh piece of analysis are the only dry bulk carriers still making money.

The Deputy Emir and Heir Apparent H H Sheikh Tamim bin Hamad Al Thani laid the foundation stone of the multi-billion dollar New Doha Port Project at the Mesaieed City yesterday.

The first vessel of four, of a Havyard 841-design, was recently delivered from the Indian shipyard Bharati to the Shipping Corporation of India (SCI).

The market for offshore windmills is facing a significant increase. Currently it is installed or under construction around 1 500 offshore windmills, mainly in North Europe. More than 10 000 are being planned.

Steber International have been awarded a contract to supply 5 x 43’ General Purpose Navy Support Vessels. Negotiations have been intense extending over the past 12 months. This project will represent over 30,000 man hours in Regional & Rural NSW.

MONTHLY LIST OF VESSELS BEACHED AT THE INDIAN DEMOLITION YARDS

Last year, according to the daily newspaper “Noticias”, Beira port handled 1.29 million tonnes of cargo. In the first half of 2011 it has handled 720,000 tonnes and projections indicate that by the end of the year the total will reach 1.4 million tonnes. The port dealt with over 105,000 containers last year and more than 67,000 in the first half of 2011.

China’s Qingshan Shipyard launched the forth and latest vessel in a series of bulk cargo carriers for the transport group FESCO, the Russian operator said.

Alicat Workboats Ltd. has seen the launch of its sixth vessel since being set up just over two years ago, establishing itself as a market leader in providing state-of-the-art catamarans to the offshore renewables sector.

Port Klang Authority chairman Teh Kim Poohas has revealed that approval has been given to build a third container terminal by 2012.

More ship insurers are backing the use of private armed guards on merchant vessels at sea to combat Somali piracy as attacks and the resulting costs are set to rise in coming weeks, industry officials said.

Daewoo Shipbuilding & Engineering said on Monday that it aimed to seal a $1.1 billion agreement with the Indonesian government by November to build three submarines.

Heesen Yachts, the Dutch shipyard and world leader in the construction of luxury superyachts, announces that MY Satori has recently been awarded two World Yacht Trophies

The Lewek EMAS, the latest and largest floating production, storage and offloading (“FPSO”) vessel co-owned by EOC Limited, has successfully achieved first oil in Vietnam’s Chim Sao field on 10 October 2011.