News

Mangalore Refinery and Petrochemicals Ltd. is in initial talks with three companies including Royal Dutch Shell PLC (RDSA) to build a liquefied natural gas terminal in India, a senior MRPL executive said Tuesday.

TSC Group Holdings Limited secures a US$ 29.2 million contract for a Super M2 jack-up rig (300 ft) package from CIMC Raffles Shipyard. The deal comes with an option for another similar Super M2 jack-up rig package by the end of this year.

Fairmount Marine, a world class marine contractor for ocean towage and heavy lift transportation by (submersible) barge, parallel to activities in the field of sales

At Great Lakes Shipyard, Cleveland, OH, the laying of the keel marks the start of construction on a 60-foot work boat for the Port of Milwaukee. The city of Milwaukee, Wisconsin awarded the contract in June 2011. The vessel is scheduled for completion by the end of this year.

The Board of Directors of ASL Marine Holdings Ltd. has announced that its wholly-owned subsidiary ASL Shipyard Pte Ltd has secured new shipbuilding contracts worth approximately S$267 million for the construction of five vessels:

Royal Dutch Shell Plc is restarting the largest crude distillation unit at its Singapore refinery less than two weeks after the plant was shut because of a fire, three industry sources

UAE energy firm Dana Gas is still negotiating terms to enter into the Syrian and Algerian markets while it is also looking at opportunities in Libya, its chief executive officer told a local newspaper on Monday

The US Environmental Protection Agency's raising of emissions limits for 10 states under its Cross-State Air Pollution Rule under proposed revisions Thursday has caused a BNP Paribas

Vestas has secured an order from Green Mountain Power to deliver wind turbines for the 65MW Kingdom Community Wind project in Vermont, US.

Japan's crippled Fukushima Daiichi nuclear plant remains stable, despite a 5.5 magnitude offshore earthquake hitting the surrounding area today, according to operator Tokyo Electric Power Company (TEPCO).

China Resources Power Holdings has selected Emerson Process Management to automate two new ultra-supercritical units of 1000MW Puqi power plant in China.

Handysize and handymax charter rates will remain stable at their current level until the end of the year, supported by a strong global grains trade, and according to a fresh piece of analysis are the only dry bulk carriers still making money.

The Deputy Emir and Heir Apparent H H Sheikh Tamim bin Hamad Al Thani laid the foundation stone of the multi-billion dollar New Doha Port Project at the Mesaieed City yesterday.

The first vessel of four, of a Havyard 841-design, was recently delivered from the Indian shipyard Bharati to the Shipping Corporation of India (SCI).

The market for offshore windmills is facing a significant increase. Currently it is installed or under construction around 1 500 offshore windmills, mainly in North Europe. More than 10 000 are being planned.

Steber International have been awarded a contract to supply 5 x 43’ General Purpose Navy Support Vessels. Negotiations have been intense extending over the past 12 months. This project will represent over 30,000 man hours in Regional & Rural NSW.

MONTHLY LIST OF VESSELS BEACHED AT THE INDIAN DEMOLITION YARDS

Last year, according to the daily newspaper “Noticias”, Beira port handled 1.29 million tonnes of cargo. In the first half of 2011 it has handled 720,000 tonnes and projections indicate that by the end of the year the total will reach 1.4 million tonnes. The port dealt with over 105,000 containers last year and more than 67,000 in the first half of 2011.

China’s Qingshan Shipyard launched the forth and latest vessel in a series of bulk cargo carriers for the transport group FESCO, the Russian operator said.

Alicat Workboats Ltd. has seen the launch of its sixth vessel since being set up just over two years ago, establishing itself as a market leader in providing state-of-the-art catamarans to the offshore renewables sector.