Ben Vree, SMIT’s CEO, comments: “It was a record year for SMIT. In 2006, we nearly doubled our net profit. We had the wind in our sails in nearly all our divisions, particularly during the second half of the year. Our associated companies also performed exceedingly well. Only the growth of the Termi
Kalmar, the business area providing container handling solutions within Cargotec, has received an order for 84 terminal tractors from port operator DP World. The terminal tractors will be delivered during summer 2007 to Jebel Ali Port situated close to Dubai.
Aker Kvaerner has been awarded a contract with China Petroleum Material & Equipment (Group) Corporation (a subsidiary of China National Petroleum Corporation) for the basic engineering design and supply of certain equipment for a new Polypropylene plant at the PetroChina GuangXi Petrochemical Compan
A roll-on-roll-off container ship capsized during loading today in the port of Antwerp, Belgian officials said. No injuries were reported. Port authority captain Jan Persi said that, for reasons still unknown, the 216-metre Republica slowly rolled onto its starboard side in a deadend dock.
Royal Boskalis Westminster nv announces that today at around 2.00 PM local time a container vessel ran into its trailer suction hopper dredger W.D. Fairway during dredging operations in Tianjin, China. There were no personal injuries. The vessel is currently stable and the crew is on board.
Dubai Dubai is all set to host the boating world’s biggest attraction, Dubai International Boat Show (DIBS), the premier exhibition in the Middle East for the leisure marine industry, from March 13 to 17, 2007. This year’s boat show is expected to see billions of dollar deals as waterfront developme
Environmental group Greenpeace’s anti-whaling ship Esperanza sailed into Sydney Harbour on Friday to re-supply after protesting against Japanese whalers in the Antarctic and heads on from there to Japan to pursue its protest. Japan last month abandoned its Antarctic whale-hunting season after its ma
The Navy is considering terminating part of its troubled Littoral Combat Ship program as it struggles to bring the ship’s spiraling costs under control, the service’s top admiral said Thursday. “All options are on the table right now,” Adm. Mike Mullen, the chief of naval operations, told reporters.
Northrop Grumman Corp. workers at the Century City-based company’s Ingalls shipyard in Pascagoula, Miss., rejected a proposed labor contract for the second time. Employees at the New Orleans shipyard approved their contract.
A new megayacht project has come out from the drawing board of WallyDesign©, the department dedicated to the design and styling of megayachts based on proven Wally concepts.
The Grimaldi Lines ro-ro vessel REPUBBLICA DI GENOVA is reported to have capsized during loading today (Thursday) in the port of Antwerp The cause of the incident is not yet clear but a port spokeman said the ship had rolled onto its starboard side in dock and had taken in water before the crew were
Royal Boskalis Westminster nv announces that today at around 2.00 PM local time a container vessel ran into its trailer suction hopper dredger W.D. Fairway during dredging operations in Tianjin, China. There were no personal injuries. The vessel is currently stable and the crew is on board.
ART Marine, The Leading Marine Hospitality Company in the Middle East, proudly announces that US$ 66 million of luxury yachts will be displayed in their on-water area during the upcoming Dubai International Boat Show.
Danaos Corporation Recharters Three Containerships Expanding Its Fleet Charter Coverage to 100% for 2007. Danaos Corporation (NYSE: DAC) today announced that it has signed an agreement with CMA-CGM to time charter three containerships for a period of 36 months and at a net charter rate of $ 22,950 p
