VLOC Delivered to Oman Shipping Co.
Oman Shipping Company (OSC) has taken delivery of its third Very Large Ore Carrier (VLOC) 'Vale Saham' in China. The giant bulk carrier will be used to transport iron ore from Brazil to Sohar, Oman. OSC has one more vessel of its class under construction at Jiangsu Rongsheng Heavy Industries Company in Nantong in China. Vale Saham, the new Rongsheng-built VLOC delivered to OSC adopts an environmentally friendly design to lower oil consumption and reduce the emission of CO2…
First Middle East Call for Juggernaut Containership
Khorfakkan Container Terminal (KCT) became the first terminal operator in the Middle East to handle the world’s largest container ship, 'CMA CGM Marco Polo'. With a length of four standard football pitches (396 metres), 54 metres beam and requiring a draft of 16m, Khorfakkan is one of the few ports in the world able to accommodate Marco Polo’s massive 16,020 TEU capacity, reports 'The Gulf Today'.
Russian Offshore Hiatus: But World's No.1 Oil Producer
Still no Arctic offshore oil from the Prirazlomnaya platform, but Russia keeps the position as the world’s largest oil producer. Prirazlomnaya field in the eastern…
Latest US Navy Contracts
US Department of Defense awards New Year contracts to BAE Systems & Science Applications International Corp. BAE Systems Norfolk Ship Repair, Norfolk, Va., was awarded a US$50…
Singapore Navy Submarine Returns from Swedish Refit
The Singapore Navy's second 'Archer-class' submarine 'RSS Swordsman' returns to Singapore after upgrading. The Republic of Singapore Navy's (RSN) Archer-class submarine, RSS Swordsman, has arrived at Changi Naval Base (CNB) from Sweden. Chief of Navy, Rear-Admiral Ng Chee Peng, and other senior naval officers were present at CNB to witness its return. Launched in Karlskrona, Sweden, on 20 October 2010…
Lake 3D Seismic Survey Contract for TGS
TGS, through its wholly-owned subsidiary Arcis Seismic Solutions, begins multi-client energy survey of Ille Lake in Central Alberta, Canada. The lake, popular with anglers and nature-lovers…
Lack of Committed Charters Cause of MOL's Losses
In his New Year message, Mitsui O.S.K. Lines President Muto predicts loss in 2013 of same magnitude as last year, suggests new business model. Excerpts from Mr.
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