With Monday a holiday for London’s stockmarket (Bank Holiday), the dry bulk market took a breather before presenting ship owners and charterers its newest trends this week. But, if one takes into account the market’s behavior during the previous week, it’s obvious that as far as capesize owners are
The 2010 edition of the Saudi International Boat Show will showcase a wider mix of products and services that cater to the growing number of marine developments that are due to be implemented in the GCC region over the coming years. According to event organiser Dubai World Trade Centre (DWTC), inter
Northrop Grumman Corporation (NYSE: NOC) has been selected to supply the bridge navigation systems for two new superyachts under construction by Italian yachtbuilder Perini Navi at its shipyards in Viareggio and La Spezia. The orders for the integrated bridge systems were awarded to Northrop Grumman
The Public is advised that The Ministry of The Environment has suspended consideration of all applications for oil exploration and drilling in the waters of The Bahamas. The Ministry seeks, by this decision, to maintain and safeguard an unpolluted marine environment for The Bahamas, notwithstanding
The Joint Venture Nordsee Nassbagger- und Tiefbau Gmbh – GeoSea NV, both of them members of the Belgian dredging, marine engineering and environmental Group DEME, has been awarded two different contracts for prepiling and installation works to construct both the EnBW Baltic 2 wind farm, 32 km north
Sri Lanka’s Colombo Dockyard has delivered the second of a series of four Multipurpose Platform Supply Vessels (MPSV) for Singapore’s … [mappress] Source: lankabusinessonline, September 1, 2010,
The world’s first purpose-built vessel for installing offshore wind turbines, foundations and transition pieces, the MPI Resolution weighs… [mappress] Source: heavyliftpfi, September 01, 2010;
The Danish owned handysize bulk carrier Ideal Bulker was held by pirates in the Indian Ocean for a short while until the crew managed to regain control of the vessel. The pirates attacked the vessel on Monday morning while on a voyage to Singapore. The six pirates, armed with knifes, took control of
Fortune Oil is pleased to announce that it has entered into an agreement with Everthriving Investment Group (“Everthriving Investment”) to acquire 65% of the share capital of 3 of its subsidiaries. Everthriving Investment is a privately owned Chinese LNG and Natural Gas business. The total considera
Wilhelmsen Ships Service is launching a new initiative to assist its tanker operator customers in adapting to new regulations regarding the testing and supplying of fire-fighting foam. The initiative, in which the company has set up a network of testing stations, follows the International Maritime O
In a visit to IHC Engineering Business (EB) on Tuesday 31 August 2010, local Labour MP, Alex Cunningham, (Stockton North), declared that the company which recently (31 May 2010) completed an order to build one of the world’s biggest marine pipe laying machines, represents the “future and the best of
Wallenius Marine AB and LNG GOT AB have entered a strategic partnership to examine possibilities for using liquid natural gas (LNG) as a shipping fuel in existing and newly built vessels in the Wallenius fleet. The study is intended to show how LNG can be used as a fuel in a manner that is economica
At this year’s SMM shipbuilding exhibition from the 7th to the 10th of September, MTU’s exhibits will include a new genset for diesel-electric propulsion and on-board power generation which is specifically designed to meet the needs of supply ships for wind farms or oil and gas rigs. Developed on th
At this year’s SMM shipbuilding exhibition from the 7th to the 10th of September, MTU’s exhibits will include a new genset for diesel-electric propulsion and on-board power generation which is specifically designed to meet the needs of supply ships for wind farms or oil and gas rigs. Developed on th
