Shanghai / Hamburg, 21 December 2006 – Germanischer Lloyd continues to provide first class classification service in Greater China and all over the world. The hostile takeover bid by the French company Bureau Veritas was rejected. The independence of Germanischer Lloyd has been safeguarded by a loca
The crew of the ship that had run ashore off the Reykjanes peninsula yesterday morning was rescued by an Icelandic Coast Guard helicopter yesterday afternoon. Water had flooded the holds of the 3,600 ton ship and its engines were dead. It is feared that oil might leak from the ship and damage the su
P&O Cruises super-liner is ready to for its first holidaymakers after undergoing a multi-million pound refurbishment. The Oriana ship is sailing back to Southampton after its overhaul refit, which includes a new Gary Rhodes restaurant, boutique hotel-style interior look and high tech children’s faci
A Scottish electrical firm announced Tuesday that it is pouring $100 million into the purchase and conversion of an icebreaker vessel into a floating hotel capable of plowing through ice in Arctic waters. The work will be done in Mobile.
Keppel Offshore & Marine Limited (Keppel O&M) through its wholly owned subsidiary in The Netherlands, Keppel Verolme BV has secured a EUR140 million contract to build a floating heavy lifter for the decommissioning of offshore structures.
A 925-ton Korean trawler from Pusan on Wednesday sank in the Atlantic off the coast of Argentina, killing four people and leaving two others missing, the Korean Coast Guard said. The Coast Guard received an SOS signal from the In Sung, vessel No. 207, at around 2:30 p.m. and reported it to rescue he
Brazil`s Compania Vale do Rio Doce (CVRD) is planning to build a fleet of super-sized dry bulk carriers to boost its iron-ore export capacity and compete more effectively with Australian rivals as both seek to satisfy growing demand from Chinese steelmakers.
Abu Dhabi’s Tourism Development & Investment Company (TDIC) has awarded a Dh815 million ($222 million) bulk earth-filling contract for its flagship Saadiyat Island project to Belgium’s Jan De Nul. Work will now begin in January on filling some 35 million cubic metres of earth which will be used to p
State-run shipbuilder Vinashin has joined forces with Republic of Korea’s Songsan Company to form a joint venture to produce steel structures for shipbuilding. The Songsan-Vinashin JV will invest US$35 million to build a factory in the northern Hai Duong Province.
The big boats have all arrived in Sydney in preparation for the Sydney to Hobart yacht race. The race starts on Boxing Day with three Super Maxis favoured to battle it out for line honours, defending champion Wild Oats, Skandia and New Zealand’s hope, Maximus.
On December 16th, H.4129, H.4130, two 3,630 TEU Containerships for Hamburg Sued were launched from the No.2 Dock during the 132nd batch. The accomplished progress rate of H.4129 was 91.6%, while H.4130’s was reached at 90.0%.
Rolls-Royce is to provide the Government of South Australia with an A$50m shiplift which will be a key element of a major new shipbuilding and ship repair development at Techport Australia. The Syncrolift
EU ministers are meeting to discuss annual fish catch limits against a backdrop of warnings of falling stocks. Among those discussing the issue will be UK Fisheries Minister Ben Bradshaw. Cutbacks including a 25% reduction in the cod quota and reductions in plaice, sole and hake allowances have been
Large-scale merger and acquisition (M&A) deals are expected to continue into 2007, as Hyundai Engineering & Construction Co. and other big firms will be put up for sale while potential buyers are loaded with cash, analysts said. Among major firms on the sales list are Ssangyong Engineering & Constru
