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Pirates released the Taiwanese fishing vessel five and half months after seizing it. The Navy is in contact with two remaining ships held by pirates in Somali waters. The latest fishing vessel freed by the U.S. Navy had two Taiwanese and 12 Chinese crew members aboard when it was hijacked 137 miles off the coast of
Petrochina yesterday became the biggest company in the world by market capitalization, speeding past ExxonMobil and the first trillion-US-dollar business.
Its crowning as No1 was due to an initial public offering of 4 billion shares on the
Sailors man the rails aboard guided-missile destroyer USS Sampson (DDG 102) during a rehearsal for the ship's commissioning ceremony.
Sampson is the 52nd of 62 Arleigh Burke-class destroyers, and is named for Rear Adm. William T. Sampson (1840-1902), a naval hero during the Spanish-American War. Three previous destroyers have been named for Sampson, and have all been commissioned in
AED Oil's wholly owned Puffin oil project delivered its first crude cargo of 328,000 barrels of oil.
The crude cargo was lifted from floating production, storage and offloading (FPSO) vessel Front Puffin to trading tanker Mayon Spirit. The API gravity for the crude cargo was calculated at 43.6, which corresponds with the previously published API. The next offtake from Puffin is now scheduled for mid-November. AED is completing the commissioning of the production facility, which was put on hold leading up to the offloading. The wells will be tested and oil production optimized after completing the commissioning. Drilling on Puffin-10, first began on Oct. 12, is expected to be complete by mid December.
A container ship which was involved in Mexico's biggest cocaine bust is not registered in Hong Kong though it was flying the SAR flag when seized, police said on Friday.
Mexican authorities have so far found 26 tonnes of cocaine worth US$2 billion onboard the Esmeralda after it arrived in the country from
Production at the Sable natural gas project in the North Atlantic off the Canadian
Noel, whose intense rains are blamed for as many as 100 deaths in the Dominican Republic this week, is forecast to become an intense extra-tropical storm and pass over Nova Scotia by late this weekend, according to private forcaster DTN Meteorlogix. The Sable project, which lies 250 kilometres south-east of
Singapore-based Tata NYK Shipping Pte Ltd, the 50:50 joint venture shipping firm set up by the world's sixth biggest crude steel maker, Tata Steel Ltd, and Japanese shipping major NYK Line, will expand its fleet by inducting 10 more bulk carriers to meet rising demand for shipping cargo into and out of
The joint venture started commercial operations in May and currently operates a fleet of six vessels, including four Handymax carriers and two Panamax vessels. The joint venture was set up to ship bulk cargo such as coal, iron ore, bauxite and steel arriving in and departing from Indian shores. Officials also said the shipping firm would cater to the needs of Tata Steel for moving raw materials and finished steel. The ships operated by Tata NYK are registered in
