Kuwait’s Al-Mal Investment Co and Montreal-based SNC-Lavalin Group are bidding for Tunisia’s $1.4 billion Enfida port licence. Al-Mal is partnering the world’s largest port operator Hutchison Port Holdings (HPH) in its bid to win the deep-water Enfida port licence. Al-Mal is controlled by the Kuwait
Almost 2,000 cruise ship passengers at the centre of Australia’s swine flu outbreak have disembarked in Sydney as experts said the virus was contained. Three crew members on the Pacific Dawn had tested positive for swine flu. The infections forced the Pacific Dawn to abandon a voyage to the Great Ba
Chinese fishing boats are reported to be leaving the tense inter-Korean border in the Yellow Sea after North Korea’s threat of military action. South Korea’s Yonhap news agency quoted defence sources as saying the South’s military authorities are trying to find out if Chinese ships were told to go.
More than 100 port workers on Teesside face losing their jobs. PD Ports has written to the 600 staff at its Teesport site warning of the risk of redundancy to about 120 posts. It said it followed the announcement by Corus that it was set to mothball the Redcar Teesside Cast Products site after a [&h
Scotland’s first offshore wind farm should be ready to start producing electricity by July. About half of the 60 turbines at Robin Rigg, off the Cumbrian coast in the Solway Firth, have been erected so far. Developers E.ON believe the £330m scheme will be completed by the end of the year but should
Green Dragon was unable to provide the massive crowds in Galway with the cheer they so desperately wanted today, finishing last of the seven yachts in the In Port races. In front of over 100,000 people, the Irish-Chinese boat came home a disappointing seventh. The fleet headed out into Galway Bay fo
Austal has successfully handed over the last of three 22 metre aluminium catamarans for operation in the Australian state of Queensland. Completion of the three-vessel fleet for the Queensland Police Service was achieved in just over 12 months from initial order and adds to Austal’s track record in
Northrop Grumman Corporation (NYSE: NOC) today officially opened its new U.K. technical support centre to provide service, repair and maintenance for the company’s inertial navigation systems (INS) used in Royal Navy ships and submarines. The new naval gyrocompass support centre, located at Northrop
Containerships has continued with the integration of recently acquired Contaz by linking the two shortsea shipping lines’ networks and selecting Teesport as its strategic hub for north Europe. UK general manager Charles Patton told IFW the line had launched a new two-ship service from northern Europ
The threat of strike action is hanging over one of Dublin’s largest container terminals because of a dispute between workers and bosses over pay and redundancy. Marine Terminals, which accounts for around 25% of traffic handled at the port, has made 19 redundancies from its workforce of 81 and is re
Royal Van Lent has launched the 65.22m (214’) Trident. With an interior and exterior styled by Donald Starkey and naval architecture by De Voogt, she offers a superb synthesis of why Feadship is the undisputed leader in luxury megayachts. Trident blends a classic Feadship flared bow with modern touc
Despite the current overcapacity of tonnage and disastrous shipping rates, the world containership fleet is expected to continue its rapid growth curve, albeit at a slightly reduced rate, as deliveries are taken from shipyards and new shipbuilding orders start to pick up later this year. That is the
Further to the announcement dated 7 May 2009 concerning the payment of the dividend for the financial year 2008, Smit Internationale N.V. herewith announces that the stock dividend exchange ratio (the number of stock dividend rights of the ordinary shares of EUR 2.30 nominal value entitling to one n
Chilean container shipping line CSAV has staved off the spectre of bankruptcy after it put together a US$710m capital raising plan in agreement with the Hamburg-based shipowners that own much of its chartered fleet. CEO Juan Antonio Alvarez said that a $130m capital raising programme through existin
