The shipping industry, which requires $ 20 billion worth investment by 2010-11, has demanded infrastructure status to have easy access to funds for modernisation. ‘Financial institutions have apportioned funds exclusively for infrastructure projects and we can avail them only if we have that status,
In early June Siba’s livestock carrier Deneb Prima left the port of Townsville with the largest ever cattle shipment from Australia to South East Asia. The Queensland-Indonesia record voyage was successfully completed on June 25, with the delivery of over Euro7.2m worth cargo, including 20,060 cattl
Historians have dispelled a rumour that the Royal Navy once launched a ship called HMS Friday to encourage sailors to set sail on that day. According to the myth, the Royal Navy launched HMS Friday on a Friday and put a Captain James Friday in command before it myseriously disappeared.
Salvors are continuing efforts to break up the stricken container ship MSC Napoli off Branscombe in east Devon. The ship, carrying 2,300 containers, was originally grounded in January after being damaged in storms.
The international super-rich are queuing up for the chance to flaunt their wealth with a state-of-the-art luxury megayacht. As they battle it out on the open seas, Marion Hume looks at an industry in which size definitely matters.
With the expected establishment of two or three new drilling platforms in Saudi Arabia, the prospects for the development of BOURBON in this country are very promising.
Soon the Group will be taking a new vessel under its management every 12 days. With Bourbon Offshore Greenmar BOURBON has a new shipmanager.
The Russian entry for the 2008-09 race has turned to the skills of British designer Rob Humphreys and boat builders Green Marine for their Volvo Open 70.
Technip has been awarded by Mariner Energy, Inc. a contract for an electro-hydraulic control umbilical(1) for the Bass Lite field development in the Gulf of Mexico. This contract follows the pipeline contract awarded to Technip in 2006 for the same field.
Today, at Gazprom’s headquarters, Gazprom’s acting Chief Executive Officer Alexander Ananenkov, General Director of OOO Sevmorneftegaz Yury Komarov, and Chief Executive Officer of Total Christophe de Margerie have signed a Framework Agreement for Cooperation in the Development of the First Phase of
Hiab, the business area providing load handling solutions within Cargotec, has signed an agreement to acquire a service company in Tampa, Florida, U.S.A. Bay Equipment Repairs Inc. is a long-term service partner of Hiab and it offers shop and mobile services in Florida to a variety of customers, mos
The Spanish Civil Guard has intercepted a boat operated by a US company amid a row over treasure from a shipwreck. The guard had been ordered by a Spanish judge to seize the vessel as soon as it left the British colony of Gibraltar.
Attempts are being made to break the stricken container ship MSC Napoli in two in east Devon. The container vessel was rebeached on Thursday after earlier being refloated when a diving survey revealed it was more severely damaged than feared.
On July 11 PRISCO has launched the second Suezmax type ship named “PRISCO Alcor”. Tanker of 166 00 DWT is under construction at Hyundai Heavy Industries Shipyard in South Korea.
