Nautica to Build Two Tugs

Wednesday, August 16, 2006
Nautica Nova Shipbuilding and Engineering Sdn Bhd has signed a contract to build two tugboats for Multraship Towage & Salvage, a Dutch salvage and towage company. Managing director Chuah Chuan Yong said the company would deliver the first 108.2 ft. tugboat at end-2007. Nautica, which operates on a 13-acre site near Sungai Prai, employs 140 skilled workers, of whom 10% are engineers. (Source: http://biz.thestar.com.my)

Offshore

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

Canada May Ask Far-offshore Drillers to Pay Extra

Canada may ask oil companies to contribute to the hundreds of millions of dollars or more the country has to pay to an international body if they drill far offshore,

MISC Enters Thai Offshore O&G Market

Energy related maritime solutions and services provider MISC Berhad (MISC) has made inroads into Thailand’s offshore oil and gas market for the first time.

 
 
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