News

Endeavour Energy UK Ltd, a subsidiary of Endeavour International Corporation, awarded Technip an EPCI lump sum contract, worth around €70 million, for the East Rochelle development in the United Kingdom North Sea. The field is located approximately 185 kilometers north-east of Aberdeen, Scotland in 140 meters of water.

ScottishPower Renewables and DONG Energy have signed a turbine supply agreement with Siemens whereby Siemens will supply 108 machines of 3.6 MW capacity each for the 389 MW West of Duddon Sands offshore wind project, in the Irish Sea.

Keppel Singmarine Pte Ltd (Keppel Singmarine), the specialised shipbuilding arm of Keppel Offshore & Marine Limited (Keppel O&M), is on track to deliver GLOBAL 1201, the second new generation derrick pipelay vessel to Global Industries Ltd (Global Industries) safely, on time and within budget.

DP World Nava Sheva Wins Important Environmental Award in India DP World Nava Sheva at Jawaharlal Nehru Port in Mumbai, recently won the prestigious Golden Peacock Award for Environment Management at an awards ceremony held at the Leela Kempinski, New Delhi.

KS Energy Limited announced today that its wholly-owned subsidiary, Atlantic Rotterdam Limited, has secured a 1 plus 1 year bareboat charter contract worth up to

Today, at a signing ceremony in Tokyo, Japan, Maersk Line exercised its option with Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. to build an additional 10 Triple-E ships, the world’s largest and most efficient container vessels.

Mitsui O.S.K. Lines, Ltd. today announced a decision to order two containerships (8,600 TEU) from Mitsubishi Heavy Industries, Ltd., with delivery slated for 2013. Along with eight 8,100 TEU ships already in operation, the new vessels will be deployed to Asia-Europe routes.

Perisai Petroleum TeknologiBhd, an oil and gas services provider, wants to expand its vessel chartering business to grow earnings.Its shareholders yesterday approved a deal to

Investors with a two-year plus perspective can consider buying the shares of The Great Eastern Shipping Company (GESCO), the country's largest private sector shipper.

Last Month, 2011, Jumbo Shipping delivered a 71-metre-tall and 29-metre-wide container crane to the Port of Sète (France) for its client Eurocrane. Weighing close to 1,200 tonnes

Stressing the fact that 90 per cent of world trade is carried by sea, he lauded the silent but pivotal role played by 1.5 million seafarers across the world.He expressed happiness

After the Hong Kong shipping industry complained about insufficient government attention, the development of the sector has been included in the 12th Five-Year Plan of the central government.

Horizon Lines, Inc. (NYSE:HRZ - News) yesterday announced that it has reached an agreement with its bank group to amend its credit facility. The amendment relaxes compliance

Tidewater Inc. (NYSE:TDW - News) announced yesterday that it is not affiliated with and has no relationship of any kind with Tidewater Middle East Co. (or any of its affiliates)

Continuity in the manpower overseeing any complex technical equipment is important, as anyone who has had responsibility for the maintenance of a ship knows full well. It is not easy, with some of the liberal crewing regimes that are necessary to attract people to stay

Over the last two centuries, the use of military force at sea has become largely the preserve of states. The legal basis under which modern-day cargo ships -- with their often

Minister of Transportation and Infrastructure Blair Lekstrom was in town to tour various port facilities, and says he sees nothing but positive in Prince Rupert’s future.

Seventy-nine ships, laden with various items, are expected to sail into the Lagos ports between June 22 and July 15. This was contained in the shipping position made available

The port area, which now covers 7.26 square kilometers, handled goods worth $20.2 billion last year. The Yantai Bonded Port Area in East China's Shandong province is now

Pakistan's upstream companies drilled only 42 wells in the fiscal year to June 30 due to issues with security and a persisting "circular debt" problem, a Ministry of Petroleum official said Friday.