South Korean shipbuilders are expanding their manufacturing facilities abroad on the back of the vibrant market, despite nationalistic criticism that such overseas investments may cause inadvertent technology transfer to strong competitors such as China.
On June 6 a cooperation agreement was signed by and between Damen Shipyards Gorinchem and Song Thu Company in Danang, Vietnam. The agreement comprises an intense form of cooperation between the two companies for the next five years.
GANDHINAGAR: Engineering and construction major Larsen & Toubro (L&T) is planning to set up a mega ship-building facility in Gujarat. It is exploring possibilities of developing a facility at Kachhigarh, a coastal site located near Okha port in Saurashtra.
At about 116 feet (35m), Hye SeasII is slightly smaller than Sea Shaw and cost a whopping $25 million. It was the biggest boat on show at international boating event Boat Asia 2007, held in April this year. The Italian-made Azimut-116 is believed to be the only one of its kind in Asia.
A tug boat central to the salvage operation for the Pasha Bulker, stranded off a Newcastle beach, will arrive in the port city on Thursday. The Pacific Responder is sailing from Queensland to Newcastle ahead of the big tides necessary for refloating the 40,000 tonne vessel, which is wedged on a sand
The three day celebration of the finest fleet of sailing superyachts ever assembled in one location starts on Sunday 17th June with the Fortis Day at The Superyacht Cup Ulysse Nardin. The final day of preparation saw the dockside atmosphere absolutely alive with expectation as many of the superyacht
A contract for light well intervention (LWI) with Island Offshore Management and its alliance partners FMC Technologies Inc and Aker Kvaerner Well Services has been expanded by Statoil.
Statoil, together with the Industrial Development Corporation of Norway (Siva) and the Norwegian Ministry for Local Government and Regional Development, have established two regional incubator positions in northern Norway. The incubatees will be part of building up an effective oil and gas industry
On Saturday June 16 2007 the opening ride on the Betuwe freight line took place. Lloyd’s Register Rail, an all-round technical consultancy in the field of rolling stock, its interfaces and infrastructure, has carried out test programmes for the route’s infrastructure, done test runs and supported th
Five years after the Port Authority and the Government of the Republic of Trinidad and Tobago started to develop a vision for their national seabridge the Islands’ very own 98 metre Wave Piercing Catamaran is on its way to the Caribbean.
We knew when we launched this 68.5-meter beauty, jointly designed by the late Walter Franchini and the yacht’s very keen owners, she would definitely turn heads. The international yachting press agreed, and was generous in praising Lady Anne.
Three years after the idea of a Baja California megaport to route Asian cargo through Mexico into the American heartland was first floated, interest appears to be drifting. Some of the major companies expected to compete to build the port-rail project – originating at the remote bay of Colonet – say
On Sunday, visitor number 5 million strolled through the gates at Port America’s Cup in Valencia. This includes all visitors to the AC Park in Valencia in 2004 along with any visitor to Port America’s Cup since June 2005.
Firefighters in West Sussex are to take possession of two new boats to help with emergency incidents off the coast and on inland waterways. A 90hp craft, which will be based at East Wittering, will be mainly used for harbour fires and rescues.
