SIX additional ports are to be built by the Federal Government along the lower River Niger in the Niger Delta region… Source: The Guardian, November 5, 2009;
The government has agreed to grant more than VND4 trillion (US$224 million) from the state budget for a project to upgrade the main waterway between Ho Chi Minh City and the Mekong Delta, a local official said Tuesday… Source: Thanh Nien News, November 4, 2009
Containerised traffic between Kolkata port and Bangladesh soon… Source: The Hindu Business Line, November 4, 2009;
In a bid to prevent further erosion along India’s coastline due to uncontrolled development, the government has tightened the norms for approving new port projects or expansion of existing ports or harbors… Source: Indian Express, November 4, 2009;
Three hundred temporary jobs are being created at a dock with a £20m cruise liner refit. Swansea Dry Dock beat off international competition to transform the 446- passenger ship, the Saga Pearl II. The Saga Shipping contract will see three months of work begin almost immediately to transform the shi
Orion Marine reported that the backlog of work under contract as of September 30, 2009 was a record $224.3 million which compares with backlog under contract at September 30, 2008 of $160.5 million… Source: Orion Marine;
The economic use of supply chain resources by harnessing of information, capital, inventory and manufacturers in a fluid, linear dynamic is key to giving trading nations an edge over their maritime rivals. “Amid increasing globalisation and liberalisation, the battle for business and trade is no lon
Yesterday, November 3, the 556-foot Super Servant 4, one of Dockwise Yacht Transport’s (DYT) fleet of four semi-submersible ships, left Newport, R.I., with a record load of 50 recreational cruising and racing boats, worth more than $41 million. It’s another straw in the wind that boating is leading
At the CESA meeting in Berlin on October 29, delegates from Europe, Japan, China and USA acknowledged that “the shipbuilding industry throughout the world is experiencing a more challenging business environment than ever before in its history” and that “the current situation is partly the result of
New North Sea operator Taqa Bratani has signalled plans for a £400 million spend on its UK assets next year to keep oil flowing from its recently acquired fields. To continue production from its Northern North Sea assets, which comprise the Cormorant North and South fields, plus Tern and Eider, Taqa
Royal Caribbean Cruises Ltd. (NYSE:RCL) announced earnings for the third quarter of 2009 and provided guidance for the fourth quarter and full year. Key Highlights • Third quarter 2009 net income was $230.4 million, or $1.07 per share, compared to net income of $411.9 million, or $1.92 per share in
The crew of the 100-metre-long dredger Antigoon escaped unhurt when the vessel caught fire on its way from Singapore to India on Sunday evening… Source: New Straits Times, November 5, 2009;
A 300ft (90m) dredger has arrived on the Tyne as work on the river’s second traffic tunnel reaches a crucial milestone. The Vesalius will dredge a channel into the riverbed between East Howdon and Jarrow, into which prefabricated tunnel sections will be dropped into place.
Subsea diving system and ROV manufacturer Hallin has won a contract to design and build a surface mixed gas diving system. The order has been placed by the Middle East based Lamnalco Limited, who provides terminal support services worldwide. The mixed gas diving spread will comprise an A frame launc
