Further to a meeting held today (22nd January 2008) in London between senior stewards of the UK shipyards and the national officers of the Confederation of Shipbuilding and Engineering Unions (CSEU). Recent concerns following speculation with regards to the building of the future aircraft carriers (
South Korea took the No. 1 ranking in the global shipbuilding industry in terms of new orders, order backlogs and the volume of vessels built in 2007, a London-based market researcher said Wednesday. According to Clarkson Plc., the nation’s shipbuilders such as Hyundai Heavy Industries Co. won a com
Northrop Grumman Corp., whose Newport News shipyard is Virginia’s largest industrial employer, projects a stable year ahead for its shipbuilding business and expects to continue hiring workers. “Shipbuilding is moving in the right direction,” said Ron Sugar, chairman and chief executive of the Los A
VT Group, the defence and support services company, said it has taken a step towards finalising its shipbuilding joint venture with BAE Systems PLC as it reported an in-line performance in the six months to the end of December. VT said it has received a commitment from the UK government on the propo
In January 2008 the new association ‘Scheepsbouw Nederland’ (Holland Shipbuilding Association) has seen daylight. HME (Holland Marine Equipment Association) and VNSI (Netherlands’ Shipbuilding Industry Association) combined their representative activities. The new combination is established at FME i
Seoul: Kumho-Asiana Group, South Korea’s seventh-largest conglomerate, said Friday it has signed a preliminary agreement to take over Korea Express Co., the nation’s top logistics company.
The playground legal principle “Finders keepers, losers weepers” is being put to the test in an international dispute over what could be the richest sunken treasure yet found: 17 tons of silver coins brought up from an old shipwreck. A Florida treasure-hunting company, Odyssey Marine Exploration, fo
Aries Maritime Transport Limited today announced the Ostria, a 2000-built products tanker, has returned to service effective January 13, 2008 following the completion of previously announced repairs and preventative maintenance works. The vessel is currently deployed in the spot market as the Compan
The Royal Navy’s flagship aircraft carrier has left Portsmouth for the second time in five days after being forced to turn back to port. HMS Illustrious left Portsmouth Naval Base for the Indian Ocean on Monday to lead a multi-national fleet in diplomatic visits over four months.
Oceanteam ASA announced today that it has agreed with Van Oord Offshore BV to purchase their Marine Cable Installation Assets Besides various smaller items the assets include the SUBTRENCH 02, a 2007 built innovative trenching machine capable of trenching product to a depth in excess of 3 meter in h
The world’s last surviving 16th Century warship has been awarded a £21m grant. Henry VIII’s flagship the Mary Rose, housed at Portsmouth’s Historic Dockyard, was raised from the bottom of the Solent, in 1982.
Two of the UK’s most famous historic ships are to be given a £31m boost out of lottery funds. Some £21m has been awarded to the world’s oldest surviving warship, the 16th Century Mary Rose, to build a museum around her in Portsmouth.
Chief Financial Officer and member of the Florida Cabinet, Alex Sink, toured the historic Merrill-Stevens yacht repair shipyard on the Miami River, during a recent visit to Miami. Merrill-Stevens, established in 1885, is planning a massive modernization and expansion facility that, once fully operat
Aker Kvaerner transfers its Just Catch technology for CO2 capture to the company Aker Clean Carbon, which will focus on developing CO2 capture projects. Aker Kvaerner will own 30 percent of the shares in Aker Clean carbon, while Aker ASA will own 70 percent. Aker Kvaerner will also be responsible fo
