Search Results for "how to buy ships"

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Norway Invests $2.4B in CO2 Capture and Subsea Storage Project

Norway Invests $2.4B in CO2 Capture and Subsea Storage Project

Norway has received permission from the European Free Trade Association (EFTA) to proceed with a $2.4 billion investment in two large-scale carbon capture facilities, along with the infrastructure nee...

US Coast Guard Retires 52-Year Old Cutter With Distinguished Career

US Coast Guard Retires 52-Year Old Cutter With Distinguished Career

The U.S. Coast Guard’s 52-year old cutter Mellon completed its final patrol in a long and distinguished career. The Mellon was one of the last remaining 378-foot high endurance cutters built for exten...

Maritime Executive

BP Ex-Manager Guilty in $4 Million Singapore Bribery Scheme

A former manager working at the BP oil company operations in Singapore along with his co-conspirator a local Singapore businessman have both been found guilty in a bribery scheme involving nearly $4 m...

Maritime Executive

Kalmar’s Mobile Equipment to Operate in DP World’s Lirquen Terminal

Kalmar, part of Cargotec, has concluded an agreement to supply DP World Lirquen terminal in Chile with a total of nine Kalmar mobile equipment. The order, which comprises two Kalmar G generation reach...

Maritime Executive

China Reports Recovery in Shipbuilding Volumes in Ongoing Competition

Despite reporting steep declines in the most recent quarter, Chinese shipbuilding is showing signs of recovery, possibly with the aid of the Chinese government, as the shipbuilding industry continues...

Halter Marine Signs Contract for Industrial Studies for T-AGOS Program

Halter Marine Signs Contract for Industrial Studies for T-AGOS Program

Pascagoula, Miss., July 20, 2020 – Halter Marine Inc., a company of ST Engineering North America, has been awarded the contract for industrial studies for the auxiliary general ocean surveillance ship...

Chevron Buys Noble Energy

Chevron Buys Noble Energy

Chevron Corporation announced Monday that it has agreed to acquire Noble Energy, Inc. in a stock transaction valued at $5 billion. Under the terms of the agreement, Noble Energy shareholders will rece...

Philippine Cargo Vessel Disabled After Fire

Philippine Cargo Vessel Disabled After Fire

[Brief] The 4500 dwt Philippine inter-island general cargo ship Moreta Venture reported a fire while sailing in the northern Philippines approximately 1.2 nautical miles southwest of Marikaban Island,...

The World's Most Valuable Shipwreck: The Nuestra Senora de Atocha

The World's Most Valuable Shipwreck: The Nuestra Senora de Atocha

On this same day, 35 years ago, the legendary deep-sea explorer Mel Fisher discovered the shipwreck of the Nuestra Senora de Atocha. The galleon was sailing from the new world to Spain. It was hit by...

First of 3 Rastar 2900-SX Built by Sanmar for Svitzer Sohar

First of 3 Rastar 2900-SX Built by Sanmar for Svitzer Sohar

Turkey’s Sanmar Shipyards has delivered the first of three Bigaçay class ASD tugs that will be operated by Svitzer in the Port of Sohar, Oman. Destined for operation at the Sohar Industrial port, the...