Nakilat, Qatargas Ink $2.5b LNG Deal
Qatar Gas Transport Company (Nakilat) and Qatargas-II have signed 25-year timecharter deals to build the world’s largest liquefied natural gas carriers at a cost of $2.5bn.
Keel Laying Ceremonies Held at Dempo Shipbuilding
The keel laying function for a 2000 DWT barge (Yard No 356 & 357) for M/s M Pallonji & Cooperation Pvt Ltd, Mumbai, was held at Dempo Shipbuilding & Engineering Pvt Ltd, Baiguinim, Old Goa.
ROK to Propose Survey on Oil Exploration with Japan
South Korea is to propose to Japan Friday to carry out a joint maritime survey on oil and gas on the continental shelf between them, South Korea's Yonhap News reported.
Ganger Rolf Acquires Cruise Vessel
Fred. Olsen Cruise Lines Singapore which is 50 percent owned by each of Ganger Rolf ASA and Bonheur ASA, has entered into an agreement with a subsidiary of Star Cruises Ltd.
New CEO at ShipNet
ShipNet named Tormod Haavi as its new Managing Director, succeeding Sven Erik Dølvik. Haavi will assume his new role from July 1, 2006. Haavi was ShipNet’s Commercial Director until the end of 2000.
Integrated Maritime Auditor (ISM/ISPS) Training
This three-day classroom course, which is a combined ISM Code familiarization, ISPS Code familiarization, and internal auditor course will help students develop…
ADCB, GEM sign $100m deal
According to reports, Abu Dhabi Commercial Bank (ADCB ) has granted a loan of $100m to Gulf Energy Maritime (GEM) PJSC, a Product / Chemical tanker Company. The…
LR Secures USCG Authorization
The US Coast Guard (USCG) has authorised Lloyd’s Register to act on its behalf for issuance of the Document of Compliance for US-flagged ships carrying dangerous goods.
Eurofin expands Merlin Tankers
Eurofin, the specialist ship finance adviser, has launched its specialist ship investment fund vehicle, Merlin Tankers Inc. The new company has purchased two 38…
Aalborg Strengthens O&G Position
Aalborg Industries signed a binding agreement to acquire the Australian company Gosfern Pty Ltd. Gosfern's core competence lies within combustion technology and related control and safety systems.
East Timor Awards Six O&G Contracts
The East Timor government has awarded five offshore oil and gas contract areas to Italy's Eni SpA and one area to India's Reliance Industries Ltd through a tender, according to a report from Forbes.
Port of Houston Increases Security Spending
The Port of Houston Authority will reportedly spend $1.1 million more on security improvements that include cameras, lights and fences, according to a report in the Houston Chronicle.
Korean Shipbuilding Profits Surge
Korean shipbuilders are enjoying high financial times, powered by historically high ship prices and recent steel price reductions. Hyundai Heavy Industries Co., the world's largest shipbuilder…
Resolve Marine Assists in Sinking USS Oriskany
With a blast that echoed across the waters of the Gulf of Mexico, the USS Oriskany began her 36-minute-long descent into the depths of the blue waters some 25 miles off the coast of Pensacola…
Qatar Orders LNG Carriers
Qatar Gas Transport Company (Nakilat) signed a contract with two South Korean shipbuilding giants to construct the world's largest liquified natural gas (LNG) carriers at a cost of $2.5b.
Northwest Cutter Takes First at Buoy Tender Roundup
The Coast Guard Cutter Bluebell, a 100-ft. Inland Buoy Tender homeported in Portland, Ore., has won the Golden Swivel Award at this year's West Coast Aids to Navigation…
Eurofin Expands Merlin Tankers
Eurofin, the specialist ship finance adviser, has launched its specialist ship investment fund vehicle, Merlin Tankers Inc. The new company has purchased two 38…
Vice President Thanks ESG 1 Sailors and Marines
Vice President Dick Cheney spoke to approximately 3,200 Expeditionary Strike Group (ESG) 1 Sailors, Marines and family members on May 23. While aboard USS Bonhomme Richard (LHD 6)…
Six Countries Plan Asian Naval Security Drill
Reuters has reported that six countries including Japan, China, South Korea and the United States are to hold a series of joint maritime exercises, just weeks after…
Qatar Orders World’s Largest LNG Ships
Qatar Gas Transport Company (Nakilat) signed a contract with two South Korean shipbuilders to construct the world's largest liquified natural gas (LNG) carriers at a cost of $2.5bn…
