Royal Boskalis Westminster N.V. (Boskalis) wishes to announce that the financing of the intended public offer of € 60 per share (cum dividend) for Smit Internationale N.V. (Smit) is in place. Peter Berdowski, CEO: “I am extremely pleased that we have been able to secure the sizable financing package
The chief executive officer of the Belledune Port Authority is concerned the proposed NB Power deal with Hydro-Québec could jeopardize a multimillion-dollar expansion of the northern port… Source: CBC News, December 14, 2009;
The annual European tussle over fishing quotas gets underway. The outcome of this year’s December Fisheries Council is set to be different from previous years, however, with final quotas for stocks such as North Sea cod and North Sea haddock not decided due to the delay in the EU-Norway talks.
Despite the global economic downturn, Vietnamese trade is outpacing its outdated and overworked ports infrastructure. Filling the capacity gap will require substantial foreign investment, but questions about the country’s underlying financial health, including a recent sharp devaluation of the local
China’s Port of Xiamen recorded a volume of 34,281TEU in its flourishing international container transshipment business. If such growth can be repeated over the next two months, the port’s international box transshipment will exceed 150,000TEU by the end of the year, according to Xinhua.
Aker Philadelphia Shipyard (Oslo: AKPS), a leading U.S. commercial shipyard, delivered its eighth Veteran Class MT-46 product tanker today. The 46,000 dwt vessel, named the Overseas Cascade, was delivered to a subsidiary of Overseas Shipholding Group (OSG) and will ultimately have shuttle tanker fea
Wärtsilä, the marine industry’s leading ship power system integrator, has during 2009 been awarded two large orders from the Spliethoff Group, headquarted in Amsterdam, the Netherlands. The orders are for propulsion systems for eleven ships that the Spliethoff Group has ordered at the Ouhua Shipyard
Google and a consortium of five telecommunication firms have joined together in a $400 million project to connect southeast Asia with the fastest undersea fiber-optic pipe in the world. The project is called Southeast Asia Japan Cable… Source: The Business Insider, December 14, 2009;
An ever-increasing flow of black sand appearing on the shores of the Kaipara Harbour could spell the end of a multi-million dollar marine turbine power project for Crest Energy, according to a Kaipara beach historian… Source:stuff.co.nz,December 14,2009;
BEACH HAVEN- The Board of Commissioners could adopt a resolution tonight to proceed with plans for a geotube project for severely eroded beaches… Source: Press of Atlantic City, December 14, 2009;
Two UK scientists and a Franco-British partnership have been awarded euros5m to find safe disposal methods for dredged marine sediments. Laurence Hopkinson and Kevin Stone from the University of Brighton’s School of Environment and Technology… Source: Maritime Global Net, December 14, 2009;
A Royal Navy warship which seized a haul of cocaine with an estimated street value of £240m in the North Atlantic, has returned to Portsmouth. HMS Iron Duke seized more than five-and-a-half tonnes of the drug from a 138ft (42m) fishing boat off the coast of Colombia on 15 September.
Ulstein Design has signed six ship design contracts with Brazilian shipowners CBO and DSND Consub totalling over NKr 400 million. The contracts are for design, engineering, main equipment and buildi follow-up, and cover three different types of vessels.
Ningbo Port Co Ltd, one of China’s four biggest deep water ports focusing on international trade, plans to raise about 10 billion yuan ($1.5 billion) via a Shanghai listing in the first half of 2010, sources familiar with the matter said on Monday.
