Cargotec Corporation’s year 2006 annual report and financial statements for accounting period January 1–December 31, 2006 have been published on the company’s internet pages at www.cargotec.com. The annual report is available in pdf-format in English and in Finnish.
The first luxury yacht has arrived at Port Louis Grenada. The 128 ft mega yacht called Savvy is owned by Port Louis developer and Chairman Peter De Savary. Savvy is the first yacht to be berthed at the new Port Louis site. Port Louis developers say when the Port Louis Marina is completed the area [&
The State Government has begun work on plans to create a super-yacht manufacturing cluster south of Fremantle. Industry and Enterprise Minister Francis Logan said the cluster would be a part of a masterplan being created for the entire Australian Marine Complex (AMC) precinct at Henderson. ?Western
A giant ship hauling four huge cranes to the state port in Wilmington hit a dredge Saturday as it steamed up the Cape Fear River, officials said. Catwalks on the rear of the $33 million cranes were damaged and hung like steel streamers from the 235-foot tall cranes. No one was injured. Coast Guard o
Gunmen have kidnapped a Filipino oil worker and killed his police escort in Nigeria’s main oil region, police say. The Filipino was travelling south from the south-eastern city of Owerri to Port Harcourt when the gunmen attacked.
All 53 vehicles left on an Isle of Man ferry which collided with a cargo ship on the River Mersey have been removed. None of the 294 passengers and crew were seriously injured when the Sea Express One collided with the Alaska Rainbow in fog on Saturday morning.
On February 3rd the keel was laid for the first of four Damen ASD Tugs 2411 by Song Thu Shipyard in Vietnam. These four tugs were ordered by Damen Shipyards Gorinchem and will be delivered in 2008. The ASD 2411 is one of the most successful ASD tugs with more than 25 delivered and under […]
On January 31st the name giving ceremony of two Damen built ASD tugs 2810, ‘Adsteam Warang’ and ‘Adsteam Warrawee’, took place in Sydney (Australia). Approximately 260 guests participated in this cheerful event that took place on the ferry terminal on Circular Quay. The Damen ASD Tugs 2810 were buil
Dredging International has signed a contract with private stock company Rakeen Development for the reclamation of an artificial island off Ras al Khaimah, the northernmost emirate of the United Arab Emirates (UAE). The € 50 million contract adds to a string of projects which Dredging International i
Up to 85 people are feared dead after a boat capsized off the Cameroon coast on its way to Nigeria. The large motorised canoe, carrying some 100 people and lots of cargo, had just started on its trip from Tiko to Oron in Nigeria when it overturned.
At least three shipbuilding holdings will be established in Russia, Deputy Prime Minister, Defence Minister Sergei Ivanov. He said at President Vladimir Putin’s meeting with the government on Monday that he was ready to submit concrete proposals on Wednesday.
Prosecutors in Germany are investigating allegations that a German shipbuilding consortium paid bribes to South African officials to win a major defense contract. Internal documents have reinforced suspicions of corruption.
A Manx ferry which collided with a cargo ship in the River Mersey is expected to remain at Liverpool Pier Head for another couple of days. The Sea Express One collided in fog with the Alaska Rainbow near the Alfred Dock on Saturday lunchtime.
THE alliance of companies tasked with building two new aircraft carriers for the Royal Navy is set for a shake-up, with American defence contractor KBR expected to lose its role as project manager of the team. The alliance comprises BAE Systems, Thales UK, Babcock and VT Group. A large part of the £
