The State Ports Authority said Tuesday that volume at its Charleston-area container terminals slipped nearly 5 percent in its latest fiscal year, putting it further behind its two top Southeastern rivals.
Just under two years after Jamaica and Maersk signed a five-year contract to use the Kingston Container Terminal as a regional trans-shipment hub, the Danish shipping line says it will drop direct calls to Jamaica, starting in October. The move is part of a reduction Maersk will implement on its wee
More than half of the competitors have pulled out of the Fastnet yacht race because of adverse weather. Some suffered damage off the Dorset and Devon coasts and by Tuesday afternoon 149 boats were forced to retire.
Aker Yards has entered into contracts with Solstad Offshore ASA for building of one Platform Supply/ ROV Vessel of Aker PSV/ROV 06 CD design and one Offshore Subsea Construction and Maintenance Vessel of Aker OSCV 06 L design. The total value of the contracts is approximately NOK 1,4 billion. Delive
Eitzen Chemical ASA (OSE: ECHEM) today reported its 2nd quarter 2007 results. The Company posted EBITDA of USD 48.1 million, increasing from USD 38.9 million in the previous quarter. Net profit for the quarter was USD 16.2 million compared to USD 0.8 million in the first quarter.
DryShips Inc.,(NASDAQ: DRYS) announced today that it will release its results for the second quarter and six months ended June 30, 2007, after the market closes in New York on Tuesday August 21, 2007. DryShips’ management team will host a conference call on Wednesday, August 22, 2007, at 10:00 a.m.,
POSCO, the world’s third-largest steel maker, is considering developing an extensive steel project in Vietnam using investment capital amounting to US$4.5 billion, the Ministry of Planning and Investment revealed.
With a proven track record in delivery of smaller tugs, Sapor Shipyard of Sibu in Sarawak East Malaysia, is demonstrating an ability to build larger anchor handling tugs to meet the demands of the Malaysian petroleum industry.
Burger Boat has captured a second award for Mirgab V, a 144-foot, tri-deck luxury megayacht created at its shipyard. It was launched in May 2006. Showboats International has saluted Mirgab for ‘Best Semi-Displacement Motor Yacht over 40 Meters.’
The latest news from the Fastnet Race shows 93 boats having retired from the 271-strong fleet which set off from Cowes yesterday. According to Trish Jenkins – from Fastnet Press office based in Plymouth – yachts have been streaming into Plymouth and other ports along the Devon and Cornwall coastline
SUBSEA 7 INC. (OSE Symbol: SUB) announced today that it has been awarded a contract valued at upwards of US $ 80 million by BP Angola (Block 18) BV. The contract is for Life of Field support services in the Block 18 Greater Plutonio development.
The future of the former Fjord Seafood company in Stornoway has been thrown into doubt. It follows a decision by owners Marine Harvest to amalgamate the operation with Pan Fish Scotland and sell the combined company.
Super-maxi ICAP Leopard, with a clutch of Whitbread/Volvo sailors among the crew, completed a record-breaking victory in the 2007 Fastnet Race. The Farr-designed canting keel 100 footer crossed the line at 08:53:53 BST (Wednesday) to complete the course in 1 day 20 hours 18 minutes and 53 seconds. L
On 2nd of July 2007 Damen Shipyards Gorinchem was awarded a contract for the construction and delivery of four 70 ton Bollard Pull Damen ASD Tugs 2411 for DP-World’s Jebel Ali operation.
