Tuesday, August 01, 2006 Maritime News

First Orphan Basin Oil Exploration for mid-August

Aug 01, 2006

In mid-August, Chevron Canada will drill the first exploratory well in the Orphan Basin. According to industry experts, the exploration of the Orphan Basin could

Petrobras to Increase Equipment Spending

Aug 01, 2006

Petroleo Brasileiro SA, Brazil's state-run oil company, will double its spending on drilling equipment to$7b this year, ahead of possible price hikes in an overheated international market,

Danish Shipping Firm Sells Tankers

Aug 01, 2006

A/S Dampskibsselskabet Torm, a Danish shipping company, is selling three of its tankers for a total of $63m. The move is part of Torm's strategy of selling older

Omega Navigation Releases Results

Aug 01, 2006

Omega Navigation Enterprises, Inc. announced its financial and operational results for the second quarter and for the six-month period ended June 30, 2006. The

CNOOC Might Announce New LNG Supply Deal

Aug 01, 2006

China National Offshore Oil Co. (CNOOC) could announce a liquefied natural gas (LNG) supply deal in about two to three months, its first in four years, reported China Knowledge Online.

Korean Shipbuilding Exports Surge 15.4 Percent

Aug 01, 2006

The combined exports of Korea’s shipbuilders rose 15.4 percent from a year ago to $10.5b in the first half of this year on delivery of large container carriers, The Korea Herald reported.

Senate Approval Expected for Offshore Drilling Bill

Aug 01, 2006

The U.S. Senate has cleared the way for legislation that would open more than eight million protected acres in the Gulf of Mexico to oil and gas drilling. Senators voted 72-23 to limit debate,

Northrop Grumman Awarded $58.4M Navy Contract

Aug 01, 2006

The U.S. Navy has awarded Northrop Grumman Corporation a $58.4m contract to continue life cycle engineering and technical services in support of the Navy's fleet

2Q Results for Wilh. Wilhelmsen

Aug 01, 2006

The Wilh. Wilhelmsen ASA (WW) maritime group released its result for the second quarter and the first half. WW has written down the value relating to assets in Global Automotive Logistics SAS (GAL),

VT Starts Production on Type 45 Destroyer

Aug 01, 2006

VT Shipbuilding started production of the latest Royal Navy Type 45 destroyer on July 31. Construction of the fifth ship in the Class, which will be called HMS Defender,

BAE Systems, SENER Close $3.8M Deal

Aug 01, 2006

Acting on behalf of the Aircraft Carrier Alliance (ACA), UK-based BAE Systems Marine Limited, has closed a contract with the Spanish company Sener Ingeniería y Sistemas S.

ITS to Upgrade Mediterranean –U.S. East Coast Service

Aug 01, 2006

Italia Marittima SpA (ITS) is set to upgrade its Mediterranean – U.S. East Coast (MUS) service in a two-stage process that will see larger and faster ships serving the trade.

ACL to Christen Fourth Inland Towing Vessel

Aug 01, 2006

American Commercial Lines Inc. will christen the M/V Warren E. Bourgeois on August 2 at the new Houston Fleet Facility in Channelview, Texas. The vessel’s namesake, Mr.

Interferry Presents Mitropoulos with Distinction Award

Aug 01, 2006

Efthimios Mitropoulos, secretary-general of the International Maritime Organization, recently became the first holder of a new award for significant contribution to the ferry industry,

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