Sri Lanka Navy Thwarts Attack on Passenger Ship
Sri Lanka Navy thwarted Liberation Tigers of Tamil Eelam militant attacks and saved the lives of 854 unarmed soldiers, who traveled from Kankesanthurai to Trincomalee…
Effort Underway to Assist in Lebanon Oil Spill
An oil storage unit at a power plant in Jiyyeh, 30 km south of Beirut, sustained damage between July 13 and July 15. Precise details of the incident are yet to emerge.
Navy Salvage Man Dies on Cougar Ace
The Alaska Coast Guard is reporting that a member of a salvage team looking at how to stabilize a listing ship in the Aleutian Islands died when he lost his footing…
Stallion Acquires AOQ
Stallion Oilfield Services Ltd. completed the acquisition of Abbeville Offshore Quarters, Inc. (AOQ). The purchase marks the entrance of Stallion into the global offshore accommodations market.
Analysts: Demand for LNG Tankers Decreasing
Excess capacity in the global fleet of liquefied natural gas carriers will be at its highest this decade in 2008, as a growing worldwide fleet results in lower utilization rates…
Chicago Bridge Wins $1B Contract
Chicago Bridge & Iron Co. N.V. on August 1 was awarded a contract, valued at more than $1b, by Golden Pass LNG Terminal LLC for the construction of a liquefied natural…
GAIL Plans to Buy More LNG Spot Cargoes
State-owned GAIL (India) Ltd. is planning to import 10 more cargoes of liquefied natural gas (LNG) following its success in selling the entire stock of the first…
Suda’s Jacob Liftboats to Aid Gulf Clean-up
The Jacob, a $17.8m boat designed by Metairie-based A.K. Suda Inc. for CS Liftboats, recently launched in the Gulf of Mexico on July 14. According to the New Orleans Business Center…
GoM Drilling Bill Clears Senate
An attempt to open a new section of the Gulf of Mexico to drilling cleared a major hurdle in the Senate, the Jackson Clarion Ledger reported. The 72-23 vote to end…
Ports to Get Radiation Detectors
The Department of Homeland Security, under a program called the Advanced Spectroscopic Portal Initiative, recently announced the award of contracts to three companies…
NOAA Settles Shark Case for $750,000
The National Oceanic and Atmospheric Administration’s Office of General Counsel has settled a multiple-violation shark case with the owner of Brooklyn-based Agger Fish Corporation.