Posted to Far East Maritime
(by
Greg Knowler)
on
February 11, 2010
Neptune Orient Lines just reported a loss of US$741 million for 2009. China Shipping Container Lines is expected to soon announce a loss of US$1 billion. Other results will begin to trickle in but no carrier handling containers will have done well last year.
Posted to Far East Maritime
(by
Greg Knowler)
on
January 19, 2010
The Hong Kong Shipowners’ Association (HKSOA) has called for governments to throw out the current response to pirates menacing ships off the Horn of Africa, accusing the international community of tolerating piracy instead of eliminating attacks.
Posted to Maritime Musings
(by
Dennis Bryant)
on
January 8, 2010
Marine protected area (MPA) is a fluid term with a range of possible meanings. For the most part, it is an area of the marine environment where human activity is regulated for the purpose of conserving and managing natural and cultural marine resources.
Posted to On the waterfront
(by
Emma-Jane Batey)
on
December 24, 2009
The streets of London may have got just a little bit cleaner and safer thanks to a massive drugs haul off the coast of Northern Spain. Cocaine with a street value of £375million was seized from a large ship, a 150ft former coastguard vessel…
Posted to BoatbuildConsult.com
(by
Phil Friedman)
on
December 16, 2009
Just about every boatyard uses the expression, “On time and on budget.” But in reality, how many major build or refit projects meet those criteria? Very, very few, if any. There is a plethora of factors working to prevent a project from coming in on time and on budget.
Posted to Brazilian Subsea and Maritime News
(by
Claudio Paschoa)
on
December 10, 2009
The challenges facing the exploration and subsequent production phase in the deepwater subsalt fields are extensive. The cost involved in deepwater E&P can get to a point where it isn´t financially atractive in terms of profit margins. One of…
Posted to THE BUSINESS OF SUPERYACHTS - BRANSOM BEAN
(by
bransom bean)
on
December 5, 2009
It’s been an ironic couple of weeks for superyachts and frankly, I don’t quite know what to make of it all. First Warren Buffett bought BNSF www.bnsf.com , then Nordhavn www.nordhavn.com finally sold it’s first 120 foot long, er, “trawler” joining…
Posted to Subsea
(by
Chuck Bunton)
on
December 1, 2009
The U.S. Navy will install a swimmer interdiction security system at Naval Base Kitsap (NBK) Bangor, Washington, that will employ teams of security personnel and specially-trained marine mammals to protect waterside assets and sailors. This…
Posted to Subsea
(by
Chuck Bunton)
on
November 26, 2009
A Sea Glider unmanned underwater vehicle with an underwater microphone began patrolling the coast of Hawaii in late October and will finish up its initial mission in mid-November. By then, it will have collected half a terabyte of data. By applying…
Posted to Brazilian Subsea and Maritime News
(by
Claudio Paschoa)
on
November 10, 2009
In September 2009, BG Group announced that the Guara discovery (BM-S-9), in the Santos basin, where BG Group has 30% is estimated to contain recoverable volumes of 1.1 to 2.0 billion BOE. To speed up the necessary developments at Guará, all…
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