NEALE Hollier believes as much as $100 million each year floats past the Gold Coast and is buoying the economies of other towns and cities because of the state of the Broadwater… Source:goldcoast.com,December 29,2009 [mappress]
Mercator Lines, India’s third-largest shipping company by tonnage, has been attempting to diversify its activities in a bid to minimise impact of the cyclical nature of the global shipping industry. In the last two years, the company has made investments in offshore, dredging and coal mining activit
The government will set up a specific zone for ship-breaking yards at Sitakunda in Chittagong to better protect environment and ensure safety standard, said Hassan Mahmud, state minister for environment, on Monday. He said a meeting of environment and forest, industries, and shipping ministries will
The technical evolution of offshore support vessels (OSV) has initiated Germanischer Lloyd (GL) to publish new rules for ships intended for offshore support and supply, offshore towing, well stimulation, and other specialized offshore services. On 1 January 2010, new Rules for Hull Structures of Off
China says it has rescued the 25 crew members of a ship hijacked by Somali pirates in October. No mention of ransom payment was made, despite reports that $4m (£2.5m) was delivered on Sunday.
The main maritime agencies operating in the River Plate are seriously considering cancelling the port of Buenos Aires and concentrating trade in Montevideo, given the labour conflict with the tugs arising from a long standing dispute in the Argentine fishing industry sector.
Vietnam will need some US$19.5 to US$23.8 million to develop its sea port system by 2020 with a vision towards 2030, according to the Vietnam news agency (VNA)’s report on Monday. A master plan for sea port development has been approved by the Prime Minister, aiming to increasing the system’s cargo
Yacht exporters are riding a weaker dollar and reduced prices to new markets, while domestic sellers are seeing signs that the market’s doldrums are coming to an end. Yacht exports to Northern Europe were healthy before the recession since the dollar was still weaker than the Euro. But the internati
The program of civilian shipbuilding development in the Russian Far East stipulates financing estimated at $5 billion, Russian Prime Minister Vladimir Putin said on Monday. Putin is on a working visit to the region. Earlier in the day, the Russian premier attended the ceremony of launching the first
A Chinese wind energy sector specialist has turned to a Germany certification authority to approve the design of its new turbines. Envision Energy which has a manufacturing base in Jiangyin, Jiangsu Province, China and which has an innovation centre in Denmark, has concluded a contract for wind turb
The Crowley tugboat Pathfinder, which grounded the night of Dec. 23 on Bligh Reefin Alaska, was stabilized on Dec. 25, at anchor near Busby Island surrounded by oil spill containment boom. A salvage team from TITAN Salvage has arrived at the scene and is evaluating the damage to the tug in preparati
Work to dredge a river trench for the second Tyne Tunnel has been completed. The 300ft (90m) Vesalius dredger has created a channel in the riverbed between East Howdon and Jarrow.
Prince Albert II of Monaco is planning to reclaim land from the sea with a ground-breaking scheme that will allow the tiny population to expand… Source: Telegraph, December 28, 2009 [mappress]
An unusual visitor to the Falkland Islands last week was the Prins der Nederlanden, which anchored in Port William for the second time to receive fuel, reports the local Penguin News… Source: MercoPress, December 27, 2009 [mappress]