The Chairman of the Sri Lanka Ports Authority (SLPA) Priyath Wickrama has said that the port was in the final stages of negotiations with a private investor consortium, led by China Merchant Holdings, for the construction of a new deepwater container terminal. [mappress] Source: Baird Maritime, Febr
LR-Fairplay reports that Fortescue Metals has announced that it will postpone a key phase of a major iron ore mine, port and rail development until 2013. [mappress] Source:wotnews,February 22,2010;
BAY CITY — The country’s largest diversified supplier of construction materials has acquired two docks on the Saginaw River, creating the potential for increased shipping traffic on a waterway that has seen sluggish times of late. [mappress] Source:mlive,February 22,2010;
North East firms have won over £150m worth of offshore wind farm contracts making the region one of the biggest winners from the UK’s move… [mappress] Source: egovmonitor, February 19, 2010;
Virginia Governor Bob McDonnell met this week with Interior Secretary Ken Salazar and six other Atlantic coastal state governors to discuss [mappress] Source: examiner, February 20, 2010;
The meeting was hosted by Secretary of the Interior Ken Salazar Friday afternoon in Washington.
GAMESA has signed a Memorandum of Understanding (MoU) with BARD Holding GmbH for joint development and marketing of offshore wind turbines… Source: gamesacorp, February 18, 2010;
GAMESA has signed a Memorandum of Understanding (MoU) with BARD Holding GmbH for joint development and marketing of offshore wind turbines… Source: gamesacorp, February 18, 2010;
While offshore wind farms are an important source of the world’s future renewable energy supply, the sea is a hostile environment for wind turbines, wearing down their parts with saltwater and high shaft speeds. The cost and effort to replace these components is high. That’s why a German parts manuf
Morgan Joseph repeats ‘Buy’ advice for Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD), price target $8. Source: StreetInsider, February 22, 2010
Dredging work at Finnish harbours and along shipping routes are stirring up sediments on the sea bottom significantly more than the laying of the planned undersea natural gas pipeline would. [mappress] Source: Helsingin Sanomat, February 22, 2010
Hanjin Heavy Industries, Korea, last week told France-based CMA CGM that it has until tomorrow (February 23) to pay for its new ship or lose it to a third party. Hanjin said last week that it had cancelled the third of four 6,500TEU containerships for CMA CGM. Should the French liner fail to pay up,
Yorkshire’s Drax Power station last month loaded the cargo ship ‘Torrent’ with 1,200 tonnes of Pulverised Fuel Ash (PFA). PFA is a by-product from power stations which can be used for a number of purposes such as manufacturing concrete. More shipments of the sort are expected to take place this year
Pirates continue to roam the International Recommended Transit Corridor (IRTC) in search of vessels to attack, reports the EU Maritime Centre. A coalition helicopter has photographed suspicious skiff activity in the Gulf of Aden in the middle of the IRTC and other suspicious activity has been witnes
