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CNOOC Announces Discovery
achieved a new discovery, Luda (LD) 27-1, in Bohai Bay. Discovery well LD 27-1-1 is an independent wildcat spudded this July. well was drilled in 16 meters of water to a total depth of 2772 meters.
ATP Wins GOM Lease
Lease Sale held in New Orleans this past August. which were awarded at a total cost of approximately $0.6 million dollars. gas pay. water. planned drill site for…
Bajpaee Elected by ISMA
International Ship Managers' Association. Kong, 12th October 2005. industry-wide operational Key Performance Indicators (KPIs). decisions made at policy making bodies and what actually goes on at sea.
Birth of the U.S. Navy
By RP3 Bryan J. The U.S. Navy was born on 13 October 1775 by an act of the Continental Congress. Long-building political tensions between the British Empire and…
Korea May Limit Bidders for Daewoo
A South Korean state agency that is jointly selling 51 percent of Daewoo Shipbuilding & Marine Engineering said that it might reject bids from companies that did not support national interests…
Consortium Formed to Invest in China Shipbuilding
At the invitation of China Steel Corp. (CSC) and Yang Ming Marine Transport Corp., Wan Hai Lines Ltd. has shown its willingness to enter into a consortium led by…
Taiwan Invites Stake in China Shipbuilding
The Taiwan Government is inviting bids for a majority stake in China Shipbuilding Corp, the island’s biggest shipbuilder, to help the company become more competitive…
Jones Act Waiver to Continue
In the aftermath of hurricane’s Katrina and Rita, and in an effort to help alleviate energy supply disruptions, the President announced the following measures would be taken or continued.
J. Ray McDermott Wins Offshore LNG Contract
McDermott International, Inc. announced that a subsidiary of J.Ray McDermott, S.A. has been awarded a contract by Ras Laffan Liquefied Natural Gas Company Limited (3) to provide engineering…
Norcontrol IT Wins China Contract
Norcontrol IT won the contract to supply a Vessel Traffic Service (VTS) system and Port Management and Information System (PMIS) to the new VTS at Lian Yun Gang seaport, China.
Malaysia Seeks to Develop Shipbuilding
Development of marine engineering related industries, including shipbuilding and repairing, is an important sector the maritime industry in Sabah and Sarawak can exploit further…
MarAd Moves Ahead on Ship Disposal
The Maritime Administration (MARAD) announced four new disposal contracts for obsolete ships in its National Defense Reserve Fleet. Two of the ships are in the James River Reserve Fleet in Virginia…
USDA Takes Action To Ease Grain Transportation
Agriculture Secretary Mike Johanns said USDA is taking additional steps to further reduce stress on the grain transportation system caused by Hurricane Katrina.
V.Ships Appoints Trivedi to Head V.Ships Agency
V.Ships has appointed Rishi K. Trivedi as Group Managing Director of the Marine Services Division’s worldwide agency business - V.Ships Agency. The move follows…
USCG Debuts New Fraud Proof Mariner Forms
WASHINGTON – The Coast Guard began issuing a newly revised U.S. STCW Endorsement, Form CG-5611 (Rev. 01-05), yesterday to qualified licensed and unlicensed merchant mariners. Over 59,000 U.S.
Hornbeck to Spend $265M on New Boats
Hornbeck Offshore Services, Inc. announced a new vessel construction programs for each of its two business segments, making it the company's fourth OSV newbuild…
Kongsberg Sells Simrad
Simrad, Inc., a subsidiary of the Kongsberg Group and U.S./Canadian distributor for Simrad marine electronics, announced that Kongsberg has sold the company to Altor, a Nordic investment fund.
Wärtsilä and MHI to Form Alliance
Wärtsilä Corporation and Mitsubishi Heavy Industries Ltd (MHI) have signed an agreement for an alliance in the field of two-stroke diesel engines. The two companies…
Coast Guard issues New Mariner Certification Form
The Coast Guard began issuing a newly revised U.S. STCW Endorsement, Form CG-5611 (Rev. 01-05), yesterday to qualified licensed and unlicensed merchant mariners. Over 59,000 U.S.
Maritime Security: What Lies Ahead?
Angelo emphasises from the start that INTERTANKO believes that any seafarer, or ship operator, that violates the law or willingly and knowingly contributes to the violation of the law…