Pressure to expand the Port of Hastings to play a larger role as a container port has increased with the release of a blueprint by Asciano outlining its ambitions for the next 30 years. The transport infrastructure group, parent company of National Rail and Patrick Stevedores, which operates the Por
BW Offshore has settled all claims and counter-claims related to the terminated Letter of Intent for the Basker Manta Gummy (BMG) project. The settlement involves a cash payment of USD 32.5 million to BW Offshore, to be paid and booked in the third quarter of 2010. The court case is adjourned pendin
Wärtsilä has pioneered in the creation of the Shipping Scenarios 2030, which describe what shipping could look like in twenty years. Scenarios help companies, governments and shipping linked organisations in long-term strategic thinking in a fast changing world. The Shipping Scenario work yielded th
Dredging of Pomphery’s Pond will start on Sept. 15, the date promised to East River Road residents by state and local officials in July… By Larry Higgs (app) [mappress] Source: app, September 8, 2010;
Cruise West is in the midst of a rumor controversy regarding its future. Dick West, chairman, told Cruise Industry News that the rumors are “vastly exaggerated and that a formal statement would be released later today or tomorrow.” He would not divulge any further details. Meanwhile, when the Oceanu
Offshore riser and conductor design specialist 2H Offshore has decided to aim for further growth in the Australian offshore energy sector by opening a new office in Perth. “Opening an office in the region will help us to support existing clients and enable us to meet the increasing demand for our sp
Mammoet Maritime, with its head office at Schiedam, the Netherlands, recently extended its fleet with the SCHELDE multipurpose pontoon. This seagoing pontoon (length: 85 meters, breadth 22 meters) can be used for RoRo and conventional transport, and to launch large ships. Mammoet recently launched a
Germanischer Lloyd (GL) has reached another milestone in its continuous growth strategy. 7,000 vessels with 90 million gross tonnages (GT) are currently under the regular technical supervision of GL. The ship crossing the 7,000 ships yardstick is the capesize bulk carrier “E.R. Bayern” of German own
Sweden’s MJP Waterjets, a division of Österby Marine, has received a €12m order to supply waterjets for 36 high-speed interceptor boats for the Indian coast guard. The boats will be designed and built by Indian engineering and construction firm Larsen & Toubro, MJP Waterjets’s contractual party, wit
The Board of Dana (the “Board”) is today posting a circular to Shareholders setting out the valuation of Dana based on an Independent Expert’s asset valuations. The Independent Expert’s Report supports the Board’s view that the offer made by Korea National Oil Corporation (“KNOC”) for all the issued
Yesterday, September 7, Panama Canal Authority (ACP) and Antwerp Port Authority signed an historic Memorandum of Understanding (MOU) to jointly help foster commercial activity between the two authorities.
Classification society ClassNK has announced the release of new guidelines specifically for Offshore Support Vessels (OSV) and other workboats. The new guidelines, which are being released in both English and Chinese, compile all of the ClassNK rules applicable to the construction and survey of tugs
Great Lakes Dredge & Dock Corporation – the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition services – today announced changes to its executive management effective immediately. Douglas B. Mackie, President and Chief Executive O
The Rhode Island Supreme Court will not set a date for a hearing on challenges to a key approval for a proposed offshore wind farm near… By Alex Kuffner (projo) [mappress] Source: projo, September 08, 2010;
