According to an April 19 report from the Taiwan News, after refraining from placing any order for new ships for the past two years, the head of the Evergreen Group now sees the opportune time to replenish his fleet with newbuildings.
Songa Offshore has completed a 50 million dollar investment. The company has invested 50 million dollars or about 300 million kroner in Deepwater Driller Ltd, according to a stock exchange notice. After the investment, Songa owns 31.25 per cent of the shares in the company.
A new report published by Scottish Enterprise has revealed that sail and power boat tourism in Scotland is worth around £101m per year, providing jobs to just over 2,700 people. Of this total, £27m is generated from non-Scottish boat owners supporting 724 jobs, and £53m is the gross value added to t
The Pasig River Rehabilitation Commission (PRRC) expressed optimism yesterday that the Pasig River dredging project will be completed before December 2010.Months after President Arroyo declared the project as a priority of the national government in March 2008 under Executive Order No. 717, the Comm
The Korean Ministry of Knowledge Economy has said that vessels run by electricity and run with information technology (IT) could be built from as early as 2015. According to the Korean Times, a ministry spokesman said that a five-year blueprint for the next-generation shipbuilding industry will be r
The Port Authority says the construction work in Hambantota Harbour is being conducted as scheduled. Chairman of the Authority Dr. Priyath Banduwickrema says the target is to operate the first vessel into the harbour in November this year… [mappress] Source:slbc,April 19,2010;
IHC Beavers® are well known for their flexibility in several areas. First, their modular construction means that they can be delivered fast, that they are easy to transport and that they can be commissioned quickly at dredging sites.Secondly, although they are highly standardised, IHC Beavers® can b
THE BANGKO SENTRAL ng Pilipinas (BSP) has approved in principle the government’s plan to borrow €272.394 million from a Belgium-based bank to fund the rehabilitation of Laguna de Bay over the next two years… [mappress] Source:bworldonline,April 19,2010;
Those dock owners weren’t kidding when they talked about increased shipping on the Saginaw River and Great Lakes this year. Dredging on the Saginaw River last year and more planned for this year will help ships increase their loads, and cut costs… [mappress] Source:mlive,April 18,2010;
The Ghana Ports and Harbours Authority (GPHA) has designed a master plan for the redevelopment and expansion of the Takoradi Port to transform it into a modern and vibrant one to meet the challenges of the emerging oil and gas industry… [mappress] Source:graphicghana,April 18,2010;
In an unusual compromise offer, both sides in a New Jersey federal court lawsuit over dredging the Delaware River have proposed shifting their case — and judge — to a Delaware court that already has ruled on a related suit… [mappress] Source:delawareonline,April 18,2010;
State-owned freight logistics group Transnet has confirmed that the further deepening of the berths at the port of Durban, in KwaZulu-Natal, is still required before they will be in a position to accommodate the so-called new generation of large container vessels… [mappress] Source: Engineering News
Last week, Jumbo Offshore completed a short series of tests to demonstrate its installation capabilities in high tidal current velocities. Its DP2 offshore heavy lift vessels proved ideally suited for the installation of tidal generators currently being developed by different companies, such as Swan
Vietnamese Prime Minister Nguyen Tan Dung has recently issued Decree No 32/2010/ND-CP regarding the management of the operation of foreign fishing vessels in Vietnamese waters. Under the decree, foreign fishermen are required to apply for a license to fish in local waters. The license is valid for u
