State oil and gas PetroVietnam group said it has begun construction of an oil and gas terminal on Phu Quoc island off the country’s southern coast at a combined investment of 5.6 trillion dong ($260 million).
Archives for June 2015
BMT Asia Pacific (BMT) has unveiled a coastal living concept that offers more than style and luxury: it promises hotel developers a flexible, readily deployable offering that provides an enthralling experience.
NYK will team with five other shipping companies — i.e., CMA-CGM, Hamburg Süd, Hapag-Lloyd, China Shipping Container Lines, and United Arab Shipping Company — to start new service in July 2015 linking Asia and the east coast of South America by two loops.
A group of Danish investors have sued OW Bunker for 800 million Danish crowns ($120 million) for misleading them in its initial public offer (IPO), after the ship fuel supplier filed for bankruptcy just months after listing.
The U.S. Trade and Development Agency awarded a grant to the Panama Canal Authority (ACP) to support the planning of a liquefied natural gas (LNG) import terminal.
Israel said on Monday it had blocked a boat leading a four-vessel protest flotilla of foreign activists from reaching the Gaza Strip and forced the vessel to sail to an Israeli port.
Fincantieri launched two cruise ships, Carnival Vista and Viking Sea, on the same day from its shipyards in Monfalcone and Ancona respectively.
In an uncommon maritime case, an Illinois man who was captain of a petroleum barge that exploded in a Chicago canal in 2005, killing a crew member, was sentenced to six months in prison on Friday, prosecutors said.
Emergency crews recovered on Friday the bodies of nine people from the wreckage of a sightseeing plane that remains teetering on a steep rock face after crashing in Alaska, a rescue official said.