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Transocean Shelf Explorer Starts Drilling on Veninsky Block

On June 30, the Transocean Shelf Explorer jackup started drilling on the Veninsky Block at the Sakhalin-3 project, in which a 74.9% stake belongs to Rosneft and the remaining 25.1% are held by Sinopec....

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Safmarine launches ‘Safari 3’

Safmarine has enhanced its existing Safari (Southern Africa–Far East) service with the introduction of a new string dedicated to the Indian Ocean Islands and Mozambique. ‘According to Safmarine’s SA...

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Pipavav Shipyard to launch IPO

India: Pipavav Shipyard is planning to launch an initial public offering by the end of September but must receive approval from the Securities and Exchange Board of India. ‘ A representative from the...

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Moore Stephens: Shipping confidence up

Overall confidence levels in the shipping industry have shown a slight improvement over the past three months, according to the latest shipping confidence survey from international accountant and...

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STX claims its Dalian yard is largest in the world

Dalian: A shipyard that has laid claim to be the largest in the world in terms of physical size held a launching ceremony Wednesday at Changxing Island in Dalian. ‘STX (Dalian) Shipbuilding Co Ltd, a...

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PetroVietnam to Set Up Oil JV for Devt Offshore Venezuela

State-run Vietnam Oil and Gas Group, or PetroVietnam, said Friday it will set up an oil joint venture with Venezuelan Petroleum Corp. in the second half of this year. ‘The joint venture, PetroMacareo,...

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BPA to buy three berths from PNC

Seoul: South Korea’s Busan Port Authority (BPA) has confirmed a deal to acquire three berths at Pusan New Port Co (PNC) at an estimated price of 490 billion won ($387 million), writes Portworld. ‘The...

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BLRT rebuilds bunker vessels

The Estonian yard group BLRT Grupp has found a niche market – converting single-hull bunker vessels into double-hull vessels in accordance with MARPOL regulations. ‘The group’s yard, Tallinn Shipyard,...

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IMO Council makes 2010 the ‘Year of the seafarer’

The Council of the International Maritime Organization (IMO), meeting for its 102nd session in London (29 June to 3 July 2009), agreed that next year’s theme for World Maritime Day will be “2010: Year...

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A new vessel from Sealink’s Miri Yard

The Sealink Slipways, located at Miri in the Sarawak Province of East Malaysia, has recently delivered a 53.8 by 13.8-metre offshore and service vessel to Rederij Groen of the Netherlands. ‘Built to...

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