Kolkata: Dredging Corp of India (DCI) wants to pull out from dredging the riverine channels of Kolkata Port Trust (KoPT), although the ministry wants to prevent it from doing so. While the finance ministry has not disbursed the previous arrears of dredging subsidy, which adds up to Rs 550 crore… [ma
The administrator of the Panama Canal has vowed to press ahead with a programme of steep toll increases despite complaints that they are aggravating the shipping market crisis. Alberto Alemán Zubieta told the Financial Times that traffic through the canal, which links the Pacific and Atlantic oceans
Fairstar Heavy Transport (FAIR) has signed final contracts with Thiess Pty Ltd to provide the transportation of a Jack-Up Barge from Rotterdam to Melbourne, Australia in August 2010 and then return the Jack-Up Barge to Rotterdam in early 2011. Total contract value is USD 9.5 million. Marloes de Vrie
OceanSaver announced today the signing of the world’s first major Ballast Water Management System (BWMS) contract for large ships. Hyundai Heavy Industries (HHI), the world leading shipbuilder, has secured OceanSaver Ballast Water Management Systems for three supertankers (VLCCs) on order for Oman S
As the opening scene of Boao International Tourism Forum, 2010, the Haikou yacht economy forum will be held from March 19 to 20, 2010 in Haikou, Hainan province. China Yacht Club Collaboration Union and China’s first yacht exchange will announce their opening at the Forum.
On Saturday 30 January, at 9 am, the Cutter Suction Dredger Zheng He was launched in the Uljanik Brodogradiliste d.d. Shipyard in Pula (Croatia). The Zheng He is a sister vessel of the Ibn Battuta, launched in August 2009, and is the 2nd in row of 4 large self-propelled cutter suction dredgers with
Charleston expects to cash in on their cruise terminal this coming year to the tune of $40 million. Savannah city leaders hope a cruise line in the hostess city will do the same thing. The news of Charleston’s expected cash surge has whet the City of Savannah’s appetite for a cruise ship.
Dock workers at Ireland’s busiest container terminal are set to go back on strike, after an arbitrator failed to resolve their differences with management. Arbitrator Finbarr Flood said there were three areas of difference between Peel Ports-owned Marine Terminals (MTL) and workers at the Dublin ter
President Barack Obama’s proposed fiscal year 2011 budget includes the first $35.6 million for the Army Corps of Engineers to construct larger coastal Louisiana restoration projects, but falls far short of the money allocated to similar major environmental restoration projects elsewhere in the count
Pirates in Somalia have released the Greek-owned cargo ship Filitsa and its crew of 22 after a ransom was paid, Greek officials said. The crew of three Greek officers and 19 Filipino sailors are reported to be in good condition.
REpower Systems AG and the RWE project company for “Nordsee Ost” have concluded a contract on the delivery of 48 offshore wind turbines. The turbines of the type Repower 6M are based on the proven technology of the 5M range, have a total capacity of approx. 295 megawatts and are intended for the “No
According to new figures released by China’s Ministry of Industry and Information Technology, Chinese shipbuilders delivered a combined tonnage of 42.4 million DWT in 2009, up 47 percent from the previous year. The ministry added that this was 34.8 percent of the world’s total combined tonnage of de
After the much-hyped multi-billion shilling Lamu Port that seeks to tap into the northern frontier with Ethiopia and Southern Sudan, plans are also underway to set up small ports along the 600 miles coastline. [mappress] Source: Daily Nation, January 31, 2010
President Barack Obama’s federal budget includes no money for the planned deepening of the Delaware Bay and River shipping channel. [mappress] Source: Press of Atlantic City, February 1, 2010