South Korean shipbuilders have secured orders worth some $33.2 billion (30.6 trillion won) in the first half of the year, riding on a favorable business environment stemming from brisk industrial activity around the world. According to the Ministry of Commerce, Industry and Energy, domestic shipyard
Salvagers are preparing to tow part of the stricken cargo ship MSC Napoli from Devon to Belfast for recycling. The damaged ship, which was beached off Sidmouth in January, was split in two after a series of explosions.
On August, 6 the third tanker of a 19619 project was laid at the shipyard Krasnoe Sormovo. The ship is built for the shipping company Palmali. The contract on the building of the first tanker was closed in March of the current year.
A series of new vessels will be built in China for the Far-Eastern Shipping Company (FESCO). As the press-service of the shipping company reported to RIA PrimaMedia, the contract on building of four bulk carriers at the Chinese shipyard ‘Quingshan Shipyard’ in the city Ukhan was made.
The Board of Directors of Swiber Holdings Limited (the ‘Company’, and with its subsidiaries, the ‘Group’) wishes to announce that it has entered into a Sale and Purchase Agreement (the ‘SPA’) on 03 August 2007 to acquire from Project Engineers (Pte) Limited (the ‘Vendor’) all the issued ordinary sha
ISAF World Sailor of the Year Mike Sanderson teams up with winning Volvo Ocean Race crew member Brad Jackson Artemis Investment Management Limited is pleased to announce that the brand new Pindar will race in the upcoming Artemis Challenge at Skandia Cowes Week.
LIFEBOAT volunteers rescued two yachtsmen after a strong gust of wind ripped off their mast near Leith Docks. The two men raised the alarm after their yacht was damaged by the wind and a lifeboat was launched from Kinghorn, Fife.
Sociedade Nacional de Combustíveis de Angola (Sonangol) and Total E&P Angola, a wholly owned subsidiary of Total, announce a new oil discovery with the eleventh exploration well on Block 32 in the ultra deep waters of the Angolan offshore.
DryShips, Inc., (NASDAQ:DRYS), a global provider of marine transportation services for drybulk cargoes, announced on 6th of August that it has entered into agreements with unaffiliated third parties to acquire eight Drybulk Vessels.
CMA CGM is introducing new car-carrying containers outfitted with a system of sliding, retractable ramps. The 40-foot containers can transport up to four vehicles of any kind and represent a breakthrough in automobile transport.
The first of Incat’s landmark 112 metre Wave Piercing Catamarans, Natchan Rera, has been delivered to Japanese ferry giant Higashi Nihon Ferry. Ordered in May last year, the largest vessel ever produced by Incat will operate across Japan’s Tsugaru Strait between the islands of Honshu and Hokkaido, a
Queensland’s State Government has earmarked more than 10 hectares of prime Gold Coast land at The Spit at Southport for world class tourism developments and marinas that could host up to 30 super yachts and 350 smaller vessels.
Technip has been awarded a turnkey contract by Elf Petroleum Nigeria Ltd. for the loading, transport and installation of the topsides(1) for the OFP2 fixed platform on the Ofon field. Located 50km off the coast of Nigeria and at a water depth of 40m, the field is operated by Elf Petroleum Nigeria Lt
An international tribunal has ordered Russia to release a Japanese fishing vessel seized off Russia’s Kamchatka peninsula two months ago. The ruling, by the Law of the Sea tribunal, based in Germany, came in response to a complaint by Japan.
