Ezra Holdings (5DN.SG) was down as much as 5.9% at six-session low of $2.40 as weaker fiscal 2Q10 results, prospect of subdued near-term growth due to delay in delivery of three offshore support vessels weighs on sentiment, says Dow Jones.
Posts Tagged ‘vessel’
Courage Marine launches newly-acquired 130,000 dwt vessel MV Cape Ore
March 18th, 2010 |
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Courage Marine Group, the dry-bulk shipper, has successfully launched its newly acquired pre-owned 130,000 dwt vessel.
This new vessel, MV Cape Ore (ex-MV Constantinoupolis), joined the fleet yesterday in servicing the Asia region, mainly delivering coal, iron ore and bauxite. With its larger capacity, this vessel will bring greater cost efficiency to the group, says Courage Marine.
Keppel, Ezra in US$1 Vietnam deal to supply FPSO vessel
February 5th, 2010 |
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Singapore firms Keppel Corp (KPLM.SI) and Ezra Holdings (EZRA.SI) say they have set up a joint venture to supply a floating production, storage and offloading vessel (FPSO) in a deal worth up to US$1 billion ($1.4 billion). Keppel, Ezra, EOC Ltd and PetroVietnam Corp will provide the FPSO and related services to Premier Oil in Vietnam.
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Pirates seize Pakistani fishing vessel off Somalia
December 10th, 2009 |
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Somali pirates hijacked the Pakistani-flagged fishing vessel MV Shahbaig on Sunday, the European Union naval force said in a statement. The ship, with a crew of 29 on board thought to be Pakistani, was seized 320 nautical miles east of Socotra, an island off the Horn of Africa, the EU Navfor
PT Berlian Laju Tanker forms JV to tap offshore support vessel sector in Indonesia
December 9th, 2009 |
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PT Berlian Laju Tanker Tbk (BLT), the third largest chemical tanker operator in the world, is moving into the Indonesian offshore support vessel market in a joint venture (JV) with Miclyn Express Offshore (MEO).
With a 50% stake in the proposed JV company named PT BLT Miclyn Offshore (PT BMO), BLT will make a foray into the Indonesian offshore support vessel market that has an estimated market size of US$200–250 million ($279–348 million) in revenues.
Mermaid Maritime takes delivery of ROV support vessel Mermaid Sapphire
December 1st, 2009 |
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Mermaid Maritime Public Company says unit Mermaid Offshore Services (MOS), a provider of sub-sea engineering services to the offshore oil and gas industry, has taken delivery of Remotely Operated Vehicle (ROV) support vessel M.V. Mermaid Sapphire yesterday from its shipbuilder Jaya Shipbuilding & Engineering.
Mermaid Maritime says the addition of M.V. Mermaid Sapphire expands MOS’s sub-sea fleet capacity to seven vessels. MOS also expects to take delivery of another two newbuild Dive Support Vessels (DSVs), the M.V. Mermaid Asiana and M.V. Mermaid Endurer by the first calendar quarter of 2010.
Bangladesh ferry toll rises to 49
November 30th, 2009 |
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The death toll from an overcrowded ferry that sank in Bangladesh two days ago rose to 49, officials said, with rescuers saying many more victims were still trapped inside the vessel. A rescue vessel had reached the river mouth where the MV Coco-4 sank on Friday night, about 300 kilometres from
China Fishery Group rated buy
November 25th, 2009 |
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DMG & Partners Securities in a Nov 20 research report says: “We visited China Fishery’s factory vessel – the Lafayette – at Beihai Shipyard in Qingdao, China. The external upgrading of the ship looks largely completed. However, some of its fish processing machinery is still in the works. Management has estimated that it would take another 10 days to complete the revamp of the vessel, before it sets sail to the South Pacific.
Korean naval ships “clash at sea”
November 10th, 2009 |
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A South Korean warship has exchanged fire with a North Korean naval vessel, reports from both countries say. Officials in Seoul say the South Korean vessel opened fire when the Northern ship crossed a disputed sea border. The North Korean vessel then fired back.
Search halted for Tonga survivors
August 7th, 2009 |
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More than 60 people, mainly women and children, are now feared to have drowned after a ferry capsized near the Pacific Island state of Tonga.
The vessel went down about 90km (55 miles) from the capital, Nuku’alofa, late on Wednesday, officials said.
Some 50 male passengers, travelling on deck, were rescued; many women and children, who were sleeping in cabins below, are feared lost with the ship.
Tongan officials say 117 people were on board the Princess Ashika when it sank.
On Friday, Tonga’s Prime Minister, Feleti Sevele, said there was little hope of finding more survivors from the overnight ferry.
"This is a huge disaster, a huge loss, we’ll try and cope with it as best we can"
Feleti Sevele
Tongan Prime Minister
He has asked New Zealand and Australia to send navy divers to help recover bodies.
Two bodies have so far been recovered, including a British man identified as Dan MacMillan, 48, who had been living in New Zealand.
German, French and Japanese nationals were reportedly among several other foreign nationals on board.
New Zealand has sent a military plane to join the search for survivors among the floating debris.
"This is a huge disaster, a huge loss, we’ll try and cope with it as best we can," Mr Sevele told reporters in Cairns, Australia, where he was attending the Pacific Islands Forum.
The Tongan leader said the cause of the sinking was unknown, and although questions have been raised about the vessel’s seaworthiness he said it had passed safety inspections.
The ferry had been travelling from Nuku’alofa to outlying northern islands of Tonga when it sent a mayday call at about 2300 local time on Wednesday (1100 GMT).
Those who managed to make it to lifeboats say the ferry rolled in heavy seas and sank within minutes.
Media reports in New Zealand suggest the missing include 23 men, 21 women, and seven children, with more passengers yet to be identified.
The tragedy has rocked the tiny nation of 120,000, which consists of 170 islands dotted over an area of 748 sq km (289 sq miles) and is heavily reliant on ferries.
This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.
Three men killed after clam dredger capsizes
July 21st, 2009 |
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Marine accident investigation branch looking into incident in which vessel’s skipper, who was “very experienced”, died
An investigation has begun after three men died yesterday when their clam dredger capsized in good weather off the west coast of Scotland.
Only one of the four-man crew of the Aquila, from Maryport in Cumbria, was pulled from the seas alive after the vessel overturned off Ardnamurchan near Fort William.
The vessel’s skipper was named this morning as Tony Hayton, a “very experienced” and well-liked fisherman who knew the waters off western Scotland very well.
John McAllister, vice chairman of the Scallop Association, said: “It’s very much a terrible tragedy.
“At the moment it’s much too early to speculate what went wrong, but something went wrong very, very quickly.
“At the time I believe there was a two- to three-metre swell, wind force of maybe four to five out of the south-west, and relatively strong tidal currents in the area where it happened.”
The marine accident investigation branch has now opened an investigation into the incident.
Rescuers arrived at the scene very soon after a bystander on Ardnamurchan peninsula saw the upturned hull of the Aquila in the seas near Fascadale at around 5.10pm yesterday.
A nearby yacht, alerted by a mayday call from the coastguard, was able to find the surviving crewman, who is now in hospital after being transferred to an RNLI lifeboat from Mallaig. His condition is not life-threatening.
The bodies of Hayton and the other two crewmen were later recovered by the lifeboat and two rescue helicopters from the Royal Navy and coastguard.
John Hemse, the secretary of the Mallaig and North-West Fishermen’s Association, said Hayton’s death had shocked the community. “Tony was a very experienced skipper and knew the waters well,” he said.
“He worked up the west coast, he was one of the boys.
“We’re all numb with what has happened.”
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Laurie David: Day 36 of Algalita’s Oceanographic Research Vessel Expedition: A Letter From Captain Charles Moore
July 18th, 2009 |
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The schooling fish in the deep ocean are practically gone. We have only caught one tuna in over a month of fishing.
Laurie David: Day 34 of Algalita’s Oceanographic Research Vessel Expedition: A Letter From Captain Charles Moore
July 16th, 2009 |
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Captain Moore discovered the Eastern Pacific Garbage Patch, known as the the Pacific Gyre, and he is continuing his research to help all of us understand that the rapid rise in global plastic production is leading to a rise in plastic pollution and its devastating effects on our oceans and our lives.