The Chinese government will invest one billion yuan (120 million U.S. dollars) in clearing shipping channels on the Yangtze River, China’s longest, this year. The investment, earmarked by the Yangtze River Waterway Bureau, would be spent on dredging and removal of rocks on ten stretches.
The state-run China Shipbuilding Corp (中船) announced yesterday its goal this year of increasing annual operating income to NT$24.4 billion (US$744 million) from last year’s NT$19.8 billion and the total tonnage of ships built from 120,000 to 180,000. China Shipbuilding posted sales of NT$19.8 billio
VT Group (VT), the Support Services and Shipbuilding Company, has signed a contract with the Government of Oman to supply three Ocean Patrol Vessels (OPVs) for the Royal Navy of Oman. Work will start immediately on the programme with the first of the ships, which are approximately 100 metres in leng
A cargo ship and a commuter hydrofoil collided near the entrance to the Sicilian port of Messina on Monday evening, killing four people and leaving dozens of passengers injured, officials said. Five of the passengers were in serious condition, police said. No one aboard the cargo vessel was hurt.
Conservation scientists have identified eight “biodiversity hotspots” around Britain’s coast which they say ought to be priorities for protection. The Marine Biological Association (MBA) and WWF want these areas to be given protected status under the government’s proposed Marine Bill.
THE millionaire owner of Swan Hunter last night admitted he may never be able to sell his mothballed shipyard. Jaap Kroese said he had received no interest in the Tyneside yard and hopes of selling it to a developer in the coming months were fading.
A replica tall ship famous for its starring roles in the TV series Hornblower and Longitude has been put up for sale and could leave Whitby. The Grand Turk has been moored at the North Yorkshire port and has regularly attracted thousands of visitors.
BP p.l.c. will implement the recommendations made by an independent safety review panel as part of the company’s continuing effort to improve its safety culture and to strengthen and standardize process safety management at BP’s five U.S. refineries.
A new transatlantic race for super-sailing yachts has been announced by the organisers of the Superyacht Cup Palma, the organisation promoting a growing number of events for large sailing yachts. The new race will start from Antigua in April 2008 and is designed to attract yachts that would normally
the Middle East’s biggest yacht-builder – will be showing its Majesty 50 and Majesty 66 yachts at January’s Dusseldorf Boat Show, one of the world’s leading yachting and boating events. The company has been exhibiting at Dusseldorf since 2000 and is celebrating its 25th anniversary by presenting com
A new £300m cruise ship, which could replace the QE2, has taken to the water in an official floating ceremony. Queen Victoria was floated off the Italian coast, where the 16-deck, 90,000-tonne, super cruiser was built for Southampton-based Cunard.
Sir Robin Knox-Johnston has been forced to turn back to Fremantle with a broken autopilot fewer than 24 hours into the second leg of the Five Oceans race. The British solo sailing legend will have to stay in port for a statutory 48 hours as his team fix the problem.
A Peterhead-based fishing boat that ran aground near the St Fergus gas terminal in Aberdeenshire has been refloated.
Magne Morken, Managing Director of the Norwegian shipping company Solvang ASA, pushed the button of the computer-controlled plasma torch for the steel construction of the third gas tanker out of a series of four. Cutting of the first steel plate marks the start of the production process of the new g