Fishing Vessel Aground in the Marshall Islands
The U.S. Coast Guard response continues to the grounding of the 308-foot Chinese-flagged commercial fishing carrier Ou Ya Leng No. 6 on Taka Atoll in the Marshall Islands, Wednesday.A Coast Guard HC-130 Hercules crew arrived and made contact with the mariners who remain aboard the vessel and are awaiting rescue.Initial reports from MRCC China stated the crew abandoned ship and were on the atoll, but upon arrival…
DNO Bid Undervalues Faroe by 48 %
North Sea player Faroe Petroleum published an independent valuation of its assets by Gaffney, Cline & Associates (GCA), which is said to highlight the inadequacy…
Cosco Dalian Shipyard Orders TTS Cranes
Norway’s TTS Group has been awarded a NOK 102 million (USD11.7 million) contract with Cosco (Dalian) Shipyard Company in China for five sets of cargo cranes and…
Highlands Natural Resources Completes Six Well
Highlands Natural Resources said six new wells on the East Denver shale oil and gas project in Colorado have been completed, with flowback starting on three of the…
Imabari Confirms Newbuilding Order for 12 Container Carriers from Evergreen
Japanese ship building marine engineering and service company Imabari Shipbuilding, with the cooperation of Marubeni Corporation,has secured a newbuilding order of twelve units of 11…
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