Iran to Buy 52 ships by 2010

Monday, October 22, 2007
The Managing Director of the Islamic Republic of Iran Shipping Lines says IRISL has signed a contract for purchase of fifty-two ships. Mohammad-Hossein Dajmar noted that the total capacity of the ships is 2.6 million tons and a total of $2.25m has been allotted for purchasing the ships from domestic and foreign firms. He pointed out that all of the ships will be delivered to Iran by 2010, IRNA reported. Dajmar asserted that Iran ranks first in the Middle East in terms of the number of its commercial liners and oil tanker ships. [Source: http://www.presstv.ir]

Offshore

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

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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

 
 
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