Bunkering Tanker ‘Arca 1’ Aground in Nova Scotia

The Canadian Coast Guard is responding to the grounding of a bunkering tanker off Sydney Mines, Nova Scotia after the vessel experience engine failure. Canada's Dept. of Fisheries and Oceans reported the M/V Arca 1 ran aground at about 10 a.m. Sunday outside Sydney Harbour with 6 crew members on board. By end of day Sunday all six crew had been … [Read more...]

Ports America Signed to Nova Scotia Mega-Port Project

U.S. terminal operator Ports America and Sydney Harbour Investment Partners have announced an agreement for the promotion, development and management of the proposed Novaporte deepwater mega-port in Sydney Harbour, Nova Scotia capable of accommodating the world's largest ships. Sydney Harbour Investment Partners, or SHIP, is a private company with exclusive development … [Read more...]

BP Gains Exploration Foothold Offshore Nova Scotia

The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) announced late last week that BP and Shell were the successful bidders for exploration licenses offshore Nova Scotia.  These blocks are located approximately 300 kilometres off the Nova Scotia coast, southeast of Halifax, in water depths ranging from 100 to over 3000 metres. Shell Canada Limited and BP Exploration … [Read more...]

Nova Scotia Offshore Blocks Drawing “Considerable Interest”

OTTAWA--Nova Scotia is drawing "considerable interest" for 11 offshore energy exploration parcels that are up for bidding, after Royal Dutch Shell PLC (RDSA) won an earlier round with a record bid, Premier Darrell Dexter said in a telephone interview Monday. Mr. Dexter declined to be more specific, saying only that geographically, the interest is coming from "across the … [Read more...]

Canada Lays Out Plans to Help Maximize Historic Shipbuilding Investment

In a continued effort to bolster economic growth and create jobs, the Canadian Government has announced a plan aimed to help maximze the benefit of countries aggressive federal shipbuilding plan announced late last year. As part of their National Shipbuilding Procurement Strategy (NSPS), the Canadian government in October awarded US$32.3 billion worth of shipbuilding … [Read more...]