A barge built with four levels of shipping containers is seen at Pier 1 at Treasure Island in San Francisco, California October 28, 2013. REUTERS/Stephen Lam
The mystery Google barge that has been under construction at San Francisco Bay’s Treasure Island has been given the boot.
Rumors flew in October of last year over the barges purpose and ranged from Google’s patented floating data center to an uber-exclusive showroom for the company’s new Google Glass. The barge, made of shipping containers stacked four stories high, was ultimately revealed by Google as a technology showroom, at least for now.
Not only did the mysterious barge raise eyebrows of curious media and tech junkies, but also California officials who questioned whether or not its construction had the appropriate permits. A formal investigation was launched in December by the San Francisco Bay Conservation and Development Commission, which determined that it was actually not properly permitted and ordered the barge to be relocated.
The barge, formally known as BAL0010, is now being moved to the port of Stockton where Google has reportedly worked out a six-month lease, according to media reports.
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A hijack signal sent from a Panama-flagged petroleum products tanker off Iran was a false alarm, British maritime security firm Ambrey said on Wednesday.
The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part of the new sanctions package against Moscow, European Economic Commissioner Valdis Dombrovskis said on Monday.
The prospect of a deal over Iran’s nuclear program saw oil fall sharply on Thursday. The reality is that Tehran has relatively little extra crude that it can bring back — but it could arrive in a market that’s gearing up for surplus.
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