Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors currently has nine rigs in the Drydocks World-Dubai yard which is a new record for the shipyard.“Drydocks World is proud of our…
The subsea vessel Island Performer has been upgraded for her next assignment in the US. Ulstein Verft has installed cargo tanks and corresponding piping, a switchboard room for deck equipment and the sea fastening frame for stacks, as well as platforms for the tower winches…
It is only after some time following traumatic events that mental health complications may surface. Assessment immediately after such events would most probably show signs of the common and perfectly normal after effects of extraordinary life events…
Coast Guard rescued five people from a sinking 65-foot sailing vessel approximately 120 miles off the Monterey coast, Saturday.At approximately 8 a.m. Saturday, the 11th Coast Guard District Command Center received a distress signal from a personal locator beacon…
Abu Dhabi investment firm Waha Capital plans to invest 3.2 billion dirhams ($872 million) in the short-term to grow its energy, healthcare and infrastructure portfolio, its chief executive said on Sunday.Salem Rashid al-Noaimi spoke…
CMA CGM Opens a new branch in Constantine, (Algeria) and an agency in Sihanoukville, (Combodia)Following are the addresses in the respective countries:CMA CGM Algérie, LtdCentre d'affaires El MedinaZone Industrielle Rhumel N°…
SBM Offshore is pleased to announce the appointment of Philippe Barril as Chief Operating Officer (COO) effective March 1, 2015. Philippe's appointment as a member of the Management Board is subject to approval at the Annual General Meeting of Shareholders to be held on April 15…
A hijacked Malaysian coastal tanker has been recovered by the prompt actions of the Malaysian Maritime Enforcement Agency (MMEA) off the coast of Malaysia.The owners of the Malaysian tanker lost contact with the tanker at 2200 hours on 28 January 2015…
Scorpio Tankers Inc. has taken delivery of STI Veneto, an LR2 product tanker from Hyundai Samho Heavy Industries Co., Ltd. This vessel will begin a voyage for 60 days at approximately $32,000 per day.With this Scorpio Tankers owns 63 tankers (nine LR2 tankers…
Azerbaijan criticised Standard & Poor's for resorting to what it said were 'double standards' after the agency revised the country's sovereign credit outlook downward to negative on Friday.S&P said Azerbaijan's fiscal and external balances would be hurt by the substantial drop in oil prices…
The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.m.) in the auditorium of Zona Franca in the Las Palmas Port.The event…
Chevron Corporation (NYSE:CVX) today announced a $35.0 billion capital and exploratory investment program for 2015. Included in the 2015 program are $4.0 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron…
For the first time ever, the general public will be admitted free to the Naval Future Force Science and Technology EXPO general exhibit hall Feb. 4-5 where they will be able to see the Electromagnetic Railgun, an autonomous swarmboat, a firefighting robot and much more…
Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced a composite Scheme of Arrangement (“Scheme”) for the demerger of the ‘Port Undertaking’…
In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container terminals for continuing development of Bayport and modernization at Barbours Cut…
