Iran, Venezuela Agree on Joint Operation

Monday, January 23, 2006
Petróleos de Venezuela (PDVSA) announced that Venezuela and Iran have agreed to explore setting up a joint shipbuilding operation. The preliminary agreement looks towards jointly building oil tankers, liquid natural gas tankers and other vessels. It would also train Venezuelans in shipbuilding technology. The deal was signed in Caracas between PDVSA and Sadra Iran Marine Industrial Company. Ties between the two oil-producing countries have become closer as Venezuelan president Hugo Chávez has sought to build international alliances to counter US economic and political dominance. The moves come as the Bush administration has clashed with Iran over its nuclear program. The two governments have signed many other agreements, including plans for a cement company, an auto parts plant and a project to build 10,000 homes in Venezuela. The two have also agreed to jointly survey and certify heavy crude deposits in Venezuela’s Orinoco river belt. Both have consistently backed efforts to bolster oil prices by controlling production volumes. (Source: http://www.bulletinpa.com/)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

SunEdison Restrained from 'Unusual' Asset Transfers

Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors

Maersk to Scrap Ships at India's Alang Beaches, NGO Dismayed

Maersk Line said on Friday it had chosen four shipbreaking yards along India's Alang beaches to handle an increase in vessels that need to be scrapped, to the dismay

Teknotherm Marine Moves HVAC Arm to Bergen

Maritime heating, ventilation and air conditioning (HVAC) firm Teknotherm Marine has established a new subsidiary is established with the name Teknotherm Marine HVAC AS.

Legal

Cautious Optimism on Pacific NorthWest LNG Report

Canadian Environmental Assessment Agency (CEAA)  has ruled that Pacific NorthWest LNG’s project in British Columbia would likely harm harbour porpoises and contribute to climate change,

UPS Oposes CP-NS Merger

UPS, one of North America’s largest intermodal shippers, has told federal regulators that it is against Canadian Pacific Railway's (CP's) proposed acquisition of Norfolk Southern Corp.

SunEdison Restrained from 'Unusual' Asset Transfers

Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Pod Propulsion Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0869 sec (12 req/sec)