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Ship breaking industry fulfills 70% iron, steel requirements

Ship breaking industry fulfills 70% iron, steel requirements

With the revival of work in Gaddani shipyard in Balochistan, the ship-breaking industry has been currently meeting 70 percent iron and steel requirements of country,

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COSLs Seismic Vessel Successfully Completes Operations in South China Sea

COSLs Seismic Vessel Successfully Completes Operations in South China Sea

Recently, Seismic vessel HYSY718 of COSL has fulfilled the 3D seismic acquisition operation in Chevron block 53/30 in the South China Sea.

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Sheringham Shoal Offshore Wind Farm Starts Electricity Production to UK Grid

Sheringham Shoal Offshore Wind Farm Starts Electricity Production to UK Grid

The first turbine has been successfully installed and commissioned at the Sheringham Shoal Offshore Wind Farm, and on 2nd August started producing electricity to the UK grid.

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Russia: Nevsky Shipyard Holds Launching Ceremony for Multipurpose Salvage Vessel Spasatel Kavdejkin

Russia: Nevsky Shipyard Holds Launching Ceremony for Multipurpose Salvage Vessel Spasatel Kavdejkin

Last friday a launching ceremony took place at “Nevsky Shipyard”, LLC The second multipurpose salvage vessel “Spasatel Kavdejkin” (Yard Number 702), capacity 4 MW, project MPSV07 was launched. Design Bureau is “Marine Engineering Bureau-Design-SPb”, JSC. A solemn launching ceremony of

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InterOil, Pacific LNG and Noble Ink LNG HOA (Papua New Guinea)

InterOil, Pacific LNG and Noble Ink LNG HOA (Papua New Guinea)

InterOil Corporation and Pacific LNG Operations Ltd. announced the signing of a Heads of Agreement (HOA) with Noble Clean Fuels Limited, a wholly owned subsidiary of Noble Group Limited, for the supply of one million tonnes per annum (mtpa) of Liquefied Natural Gas (LNG) from the Gulf LNG Project in Papua New Guinea.

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Israel: National Planning Council Gives Green Light to FLNG Plan

Israel: National Planning Council Gives Green Light to FLNG Plan

Israel’s National Planning Council has given final approval for a plan to establish a floating LNG terminal off the country’s central Mediterranean coast, the council said on Wednesday.

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India to buy Saudi oil; Opec crude output up

India to buy Saudi oil; Opec crude output up

Saudi Arabia will sell crude to Indian refiners in August after Iran said it may no longer provide them with oil, people familiar with the situation said last week. Iran has said it resolved the payment dispute.

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Adnoc crude averages $106.62 in first half

Adnoc crude averages $106.62 in first half

he official selling price of crude oil grades produced by the Abu Dhabi National Oil Company (Adnoc) averaged $106.62 per barrel during the first six months of 2011,

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Brazilian oil product demand to carry on rising-Petrobras

Brazilian oil product demand to carry on rising-Petrobras

Brazil's demand for refined oil products will carry on rising, forcing the nation to increase imports, because Petrobras cannot keep pace even though it is growing faster than

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Bangladesh: Boom time beckons local shipbuilders

Bangladesh: Boom time beckons local shipbuilders

Boom time beckons Bangladesh's fledgling shipbuilding industry as nearly a dozen foreign buyers are on a bargain-hunt for local ship makers to place orders

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OSX Brasil Announces Plan of Activities for 2011-2015

OSX Brasil Announces Plan of Activities for 2011-2015

OSX Brasil S.A., a brazilian publicly held corporation focused on the supply of equipment and services to the offshore oil and gas industry, through integrated operations

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Turkey and Japan to Discuss Nuclear Plant Construction

Turkey and Japan to Discuss Nuclear Plant Construction

Turkey has resumed talks with Japanese companies Toshiba and Tokyo Electric Company (Tepco) to discuss a potential collaboration to build Turkey's second nuclear plant in Sinop.

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USA: Electric Boat Corp Gets USD 17 Million Maintenance Contract for USS Harry S. Truman

USA: Electric Boat Corp Gets USD 17 Million Maintenance Contract for USS Harry S. Truman

Electric Boat Corp., Groton, Conn., is being awarded approx $17 million cost-plus-fixed fee order under previously awarded basic ordering agreement (N00024-10-G-4314) to support nuclear carrier repair work at Norfolk Naval Shipyard during on-going availabilities.

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Singapore: New-Build Vessel Gulmar Atlantis Starts its Maiden Voyage

Singapore: New-Build Vessel Gulmar Atlantis Starts its Maiden Voyage

Gulmar Atlantis last week left the port of Singapore Offshore for her maiden voyage to go on a minimum 6 months charter in Brazil. The vessel will be working for Petrobras with Fugro providing diving and ROV services.

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TGS Commences New Multi-client 3D Survey in Faroe-Shetland Basin

TGS Commences New Multi-client 3D Survey in Faroe-Shetland Basin

TGS has commenced a new multi-client 3D survey in the Faroe-Shetland Basin. The survey covers 2,500 km2 west of the British Isles over quads 6004, 204 and 205 and is acquired in partnership with PGS.

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Germany: ABB Wins Order for Offshore Wind Power Connection

Germany: ABB Wins Order for Offshore Wind Power Connection

ABB, the leading power and automation technology group, has won an order worth around $1 billion from the Dutch-German transmission grid operator TenneT to supply a power link connecting offshore North Sea wind farms to the German mainland grid.

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USA: Jensen Maritime Completes Custom Design Work for New ASD Tugboat

USA: Jensen Maritime Completes Custom Design Work for New ASD Tugboat

Jensen Maritime Consultants, Inc., recently completed the custom design work for the Bob Franco, a new Azimuth Stern Drive (ASD) tugboat for Harley Marine Services. The vessel – measuring 120 feet in length and 35 feet in width – is one of the first to be powered by Tier III CAT C175 engines

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International Shipping Industry Makes First Steps to Increase Fuel Efficiency and Reduce Emissions

International Shipping Industry Makes First Steps to Increase Fuel Efficiency and Reduce Emissions

The international shipping industry has taken its first steps to increase fuel efficiency and reduce emissions. The International Maritime Organisation (IMO) has agreed to enforce stronger energy efficiency standards for new ships beginning in 2013.

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OSX Brasil Announces Plan of Activities for 2011-2015

OSX Brasil Announces Plan of Activities for 2011-2015

OSX Brasil S.A., a brazilian publicly held corporation focused on the supply of equipment and services to the offshore oil and gas industry, through integrated operations in shipbuilding, chartering of exploration and production (E&P) units, and operation and maintenance (O&M) services, informs of its Plan of Activities, to be implemented by its subsidiary OSX Construção Naval S/A, for production of offshore oil and gas E&P equ

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