OFFICIALS have been telling us for months that the Severn Sands, an abandoned dredger near the Fremington Quay tourist spot, was an eyesore and an ecological disaster waiting to happen… More: This is North Devon
All Eimskip’s unsecured creditors have now voted in favour of the composition proposal, which was therefore approved. Eimskip states that it will “preserve the company’s operations and safeguard 1,500 jobs”. The next step for the company is to submit a written petition for confirmation of the compos
The European Court of Human Rights has decided that the Russian state must pay EUR 2,500 per person to 32 dock workers in Kaliningrad. The case came before the court because Kaliningrad Sea Commercial Port had been accused of discrimination by the Russian Dock Workers’ Union’s local branch in Kalini
According to an August 18 report from China Knowledge, China’s shipbuilding enterprises received new shipbuilding orders totaling 4.1 million dead weight tons in July, accounting for nearly 70% of the world’s total, according to statistics released by the China Association of the National Shipbuildi
A yacht with two crew which sparked a rescue operation in the North Sea has been safely towed to safety. Peterhead lifeboat went to the 36ft yacht Anga’s aid after losing her mast in rough seas 75 miles off the coast on Wednesday morning. The yacht was taken under tow and arrived in Peterhead about
The price of oil rose by more than $3 to settle above $70 a barrel after a surprise drop in crude imports and inventories in the US. US crude stockpiles plunged by 8.4 million barrels as imports hit the lowest level since September 2008, the Energy Information Administration said. US crude settled u
Aquamarine Power recently completed the first phase of installation of its Oyster device at the European Marine Energy Centre (EMEC) in Orkney. The 194-tonne device was lowered onto a seabed subframe and bolted in place at the EMEC. The next phase of the project will be to connect it to subsea pipel
Heerema Fabrication Group (HFG) announces that Heerema Zwijndrecht, one of its operating companies, has been selected as the nominated subcontractor for the fabrication, delivery and installation of the Panama Canal lock gates. On 18 August the Panama Canal Authority (ACP) signed the contract with t
Subsea 7 Inc (OSE Symbol: SUB), one of the world’s leading subsea engineering and construction companies, today confirmed that the announcement made on July 6th 2009 for a pipeline engineering, construction and installation contract in Angola, offshore west Africa is for a gas export pipeline (GEL)
Royal Boskalis Westminster N.V. realized a net profit of € 102.7 million in the first half of 2009. In the first half of 2008 the company realized a net profit of € 110.0 million, excluding a non-recurring gain relating to the W.D. Fairway (€ 92.0 million). Boskalis benefited from its broad, well-fi
Cargotec has secured an order for six of its MacGregor knuckle-jib crane units from STX Europe. The cranes are specifically designed to operate in severe climatic conditions and extreme air temperatures and will be installed on three icebreaker tugs, designed by Aker Arctic Technology Inc. The units
AMELS continues leadership in quality semi-custom market AMELS has delivered the fifth LIMITED EDITIONS AMELS 171, exactly to the schedule her owner prescribed. The 52.30-meter yacht, designed by Tim Heywood, has an interior styling resulting from a collaboration between Laura Sessa Romboli and Nuvo
The naming ceremony for the very large crude oil carrier “Athenian Victory” took place today on the world’s largest shipyard Hyundai Heavy Industries in Ulsan / Korea. The delivery to its owner, the Greek shipping company Athenian Sea Carriers, is scheduled for the 27th of August. The vessel with th
During yesterday’s Extraordinary General Meeting of Shareholders, mr. M.P. Kramer was appointed to the Supervisory Board of Royal Boskalis Westminster N.V. for a three year term. mr. Kramer (59) has been Chairman of the Executive Board and Chief Executive Officer of N.V. Nederlandse Gasunie since 1
