TOP Tankers Announces Delivery of Two Tankers
Heavy Industries Ltd, of the United Kingdom. with the Company's cash reserves and secured bank credit lines. agreement with Glencore SA, one of the world's largest oil traders.
Shipping Lines Estimate Costs to Rise
Bloomberg reported that Neptune Orient Lines Ltd. and 11 of the largest shipping companies plying the Pacific Ocean said costs of moving cargo to the U.S. in 2006…
Vancouver Courts More Cruise Ships
The Times Colonist has reported that the final piece of funding needed to start construction of a multimillion dollar Campbell River in Vancouver cruise ship terminal was announced Wednesday…
Prince Charles Meets with Coast Guard Heroes
Petty Officer 3rd Class Eric Douglas (pictured at center), of Baton Rouge, La., looks on as His Royal Majesty Prince Charles of England shakes the hand of another…
High-Tech Ship Center Creates Jobs
A $30 million center to coordinate an Australian air warfare destroyer project will be based in the southern city of Adelaide, creating up to 200 jobs, according to an Advertiser reports.
Floating Concept Testing for Offshore Wind Farms
The major limitation in offshore wind farms tapping the stronger, more consistent winds that lie farther out is the depth required to install the footing for the turbine foundations.
Emerson Wins Contract
Emerson Process Management has supplied over 1500 Rosemount pressure and temperature transmitters for use in the Sakhalin II offshore oil and gas production project in the Sea of Okhotsk.
FTC Subpoenas Big Oil Companies in Gas Probe
Recent Reuters reports state that the Federal Trade Commission has sent subpoenas to Big Oil companies in its investigation of gasoline price manipulation and oil refining capacity constraints…
Oil Chiefs Justify Profits
According to a Financial Times report, top oil executives recently rejected allegations by some lawmakers that the oil industry was making record profits at the expense of US consumers…
Southern Union Reports Solid 3Q Earnings
Southern Union Company reported net earnings available for common shareholders of $15.2 million ($.13 per diluted share, hereinafter referred to as "per share")…
Hong Kong LNG Terminal to be Built
According to a Reuters report, Hong Kong utility CLP Holdings Ltd. hopes to build a terminal for liquefied natural gas by 2010 to help meet a target of slashing…
Russian Government to Cancel LNG Export Duties
The Russian government may cancel export duties on liquefied natural gas (LNG) following a request from Gazprom, says an RIA Novosti report. The gas giant plans…
Navy Activates Detachment in Sarangani
Philippine Navy officials activated a naval detachment Friday for maritime security and to catch illegal fishermen, pirates, and illegal entrants, according to a Sun Star report.
Concerns Over Navy Research Center
According to AP reports, a group of faculty members wants a full review of a proposed contract for a Navy research center at the University of Hawaii. The group…
Congress Closes Concord Navy Base
Closing down the inland portion of the Concord Naval Weapons Station became final as Congress approved President Bush's recommendation to shut down 22 major military…
RFID Tracking for US Visitors
In an experiment, the US Department of Homeland Security (DHS) is deploying radio frequency identification (RFID) technology to track immigrants entering and exiting the country…
Irish Ferries Dispute Goes to Labor Court
According to an Irish Independent report, the Labor Court will hold hearings into the dispute over Irish Ferries' plans to replace its seafaring staff with cheaper labor from eastern Europe.
U.S. Navy Ship to Visit Brunei
U.S. Navy ship "USN-HSV X1 Joint Venture" will be arriving at the Brunei-Muara Commercial Port on November 10, with Commander Thomas P Shaw in charge, says a recent Borneo Bulletin report.
South Korean First Lady Urges Innovation
South Korea's first lady Kwon Yang-sook has stressed the need to enhance the country's industrial competitiveness through innovation, according to a recent Korea Times report.
TOP Tankers’ Two New Ships
TOP Tankers Inc announced delivery of two double-hull tankers; the M/T Ioannis P, a 46,346 DWT Handymax product tanker, built in 2003 by Hanjin Heavy Industries & Construction Co.…
