Port of LA Channel Deepening Project Assessed

Friday, October 21, 2005
The U.S. Army Corps of Engineers issued a supplemental notice of intent regarding changes and additional considerations to be made to the Supplemental Environmental Impact Statement for the Port of Los Angeles channel deepening project. The project involves deepening the Inner Harbor Channels to accommodate the most modern vessels in the commercial container fleet. Comments should be submitted by November 21. Source: HK Law

Contracts

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

Ports

Five Vessels Delivered for Qatar’s New Port Project

Nakilat Damen Shipyards Qatar (NDSQ) has delivered five vessels as part of an 11-vessel order for New Port Project (NPP). Built entirely at the Erhama Bin Jaber

Samskip Acquires Euro Container Line AS

Samskip has completed the acquisition of Euro Container Lines AS, building on a strategy for growth in the Nordic area to make its largest ever acquisitive move in Norway.

Passenger Vessel Allides with Pier in Baltimore

Passenger vessel Spirit of Baltimore struck the pier at Henderson Wharf Marina in Baltimore, Sunday morning, causing 60 feet of damage to the pier and cosmetic damage to the vessel’s hull.

 
 
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