The Company has signed a 12 month contract with a US-based Contractor to provide Hallin’s state of the art Saturation Diving System SAT-05 for operations in the Gulf of Mexico. Hallin will also provide personnel and operate the system as the client requires.
The Port of Houston Authority has cut its proposed bond issue to $250 million — less than half of what it originally requested, said Jim Edmonds, chairman of the port commission. This request , which is expected to be approved by the port commission Thursday, is down from the $550 million the Port w
The Shipping Corporation of India (SCI) is planning to diversify into shipbuilding in collaboration with existing players — both domestic and international. The Rs 4,210-crore public sector shipping major plans to either tie up with an international firm or pick up stake in one of the consortia that
South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (KSE:042660), the world’s third-largest shipbuilder, said it has won orders valued at US$2.1 billion to build 10 vessels.
A Spanish ship has been detained in Ullapool Harbour after seven crew members called in the police and union officials over a pay dispute. The maritime union, ITF, is also investigating complaints, including the possibility of the vessel abandoning the unpaid men at the Highland port.
CEO Ben Vree comments: ‘The exceptionally high results in the second half of 2006 were continued in the first half of 2007, with our net profit rising 60% relative to the first half of 2006. So SMIT still has the wind in its sails.’
A container port, which was closed during the night because of high winds, is still experiencing “intermittent” breaks in operations. Quayside loading and unloading cranes at the Port of Felixstowe in Suffolk are unable to work in strong winds.
15 August 2007 Vyborg Shipyard won the tender on the construction of drilling rigs for Gazprom.
Animal rights campaigners are calling for a clampdown on people fishing for crabs in the Mersey. The Vicky Moore Foundation, based in Southport, has said some of those catching shore crabs in the marina at New Brighton are treating them as toys.
A replica Viking ship has pulled into Dublin nearly 1,000 years after the original sank off Denmark’s coast. The arrival of the Sea Stallion in Dublin’s harbour on Tuesday capped a 1,700km (1,000 mile) journey across the waters of northern Europe.
The Port of Waterford Company has announced that Waterford Container Terminal at Belview handled a record throughput of containers last year. As a result, the Port succeeded in generating almost h12m in revenues and over h3.1m in operating profits.
Despite the tough conditions that have so far ravaged the fleet in this year’s Rolex Fastnet Race, the front-runners, Rambler and ICAP Leopard, were last night flying back from the Rock towards Plymouth at record-breaking pace.
The Port of Seattle beat both its expectations and last year’s performance during the second quarter of 2007, despite only a slight increase in the number of passengers flying through Sea-Tac Airport and a moderate decline in the volume of containers shipped through the seaport’s four major containe
Owners of a ship that ran aground on an Aleutian Island will plead guilty to illegally discharging its cargo and have agreed to pay a hefty fine, a U.S. attorney said Tuesday. IMC Shipping Co. Pte. Ltd. (IMC) of Singapore will also plead guilty to killing hundreds of seabirds when its 738-foot freig
