Aker Kvaerner has been awarded two drilling equipment contracts by Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME) in Korea; one for a single drillship, the other one for a semi rig. The total contract value for Aker Kvaerner is approximately USD 213 million.
The Karachi Port Trust (KPT) and Hutchison Port Holdings (HPH) of Hong Kong will sign a concession agreement tomorrow for setting up a US$1 billion deep-water container port, the first in Pakistan.
In October 2007, PT Steadfast and Damen Shipyards Gorinchem signed a contract for the delivery of Complete Material Packages for two Damen Fast Crew Suppliers 1605. The vessels are the first aluminium vessels to be built by the Shipyard in . These vessels are of proven design and there is a lot of c
On the 7th of September 2007, THT-Powertium Marine and Damen Shipyards Gorinchem signed a second contract for the construction and delivery of two Damen Fast Crew Suppliers, FCS 3307. These two vessels are in addition to the two already ordered in May 2007, of which the first one is scheduled to be
COSCO Pacific Limited (SEHK: 1199), a world leading company dealing in container leasing, announced on November 7, 2007 that it had finished purchasing a 20% stake in Suez Canal Container Terminal S.A.E. from Egyptian International Container Terminal, a subsidiary of Denmark’s A.P. Moller-Maersk Gro
A container ship bound for South Korea struck a tower base of the west span of the Bay Bridge today, tearing a gash in the hull and spilling fuel in the bay but sparing the bridge any damage, officials said. Coast Guard Lt. Anya Hunter said the ship hit the protective shield that covers the [&hellip
A ship sparked a search and rescue operation after it sent out a distress signal on its way to the scrap yard. Signals from the ship’s emergency beacon were picked up by the Civil Aviation Authority (CAA) based at Ronaldsway Airport on the Isle of Man.
Ocean Tankers Holdings, the only public company quoted in the ‘Shipping’ sector of the Cyprus Stock Exchange, expects the current oil crisis to benefit the company and propel profits from a projected USD 3,5 mln in 2007 to USD 20 mln next year. With sea-going vessels accounting for 92% of all commer
The dredging of the mouth of Puducherry Port would be taken up by the Kerala State Maritime Development Corporation (KSMDC) following the signing of memorandum of understanding with the Port Department on Wednesday.
A panel of some of the world’s leading superyacht designers and industry members are to judge the inaugural Young Designer of the Year Award at the World Superyacht Awards in Venice, April 2008.
Burger Boat Company, one of the world’s most historic and prestigious shipyards launched Areti II, the second of two identical 127′ (38.7m) tri-deck yachts to be completed this year. A sea of onlookers stood by with eager anticipation as the 500-ton Marine Travelift carefully lowered Areti II into t
La Numero Uno (ex: Eva Perini; Felicita; Aleta; Maria Christina) was built in 1983 by the renowned shipyard Perni Navi. She was the first mega sailer to emerge from the Viareggio based shipyard in Italy. La Numero Uno underwent a recent major refit and she is in “like new” condition. The on deck mai
During the EUROPORT Maritime 2007, Van der Velden Marine Systems and EFFER announced the cooperation between their companies. An agreement was signed in which EFFER granted the exclusive distribution of marine cranes in The Netherlands and Germany to the Van der Velden group. The contracts were sign
Thousands of bananas have been washed up on two Dutch islands in the North Sea after several containers fell off a cargo ship in a storm, officials say. They say beaches on Terschelling and Ameland islands were littered with bunches of unripe fruit – to the delight of some local residents.
