Managing Director Karachi Shipyard, Vice Admiral Iftikhar Ahmed ruling out privatization of Karachi Shipyard has said Pakistan Navy had chalk out joint plans 10-year and 15-year of period with an American security agency for development of the Shipyard under which naval ships, missiles and gun-boats
Antigua & Barbuda will become the first Caribbean territory to host the prestigious Superyacht Cup sailing race when the event is held here, at the Nelson
A British oil worker has been killed and an Italian seriously wounded during an attempt to free seven workers seized by Nigerian militants. A Nigerian navy spokesman told the BBC that the remaining five foreign hostages had been rescued unharmed, while two militants were killed.
A medical examiner was investigating Wednesday the death of 76-year-old man during a virus outbreak that sickened 679 people on a trans-Atlantic cruise. Dr. Joshua Perper, Broward County’s chief medical examiner, said an autopsy was performed on David Lee Fitzgerald of Tarpon Springs on Monday, but
Aker BioMarine and Aker Yards have agreed an option for building a vessel for harvesting of krill. The vessel is planned to be delivered in November 2009. The value of the vessel, including all processing and extraction equipment, is approximately USD 170 million. The final contract is planned to be
Statoil and Aker Kv
The construction of the PA-B oil platform has been completed by Samsung Heavy Industries Shipyard in South Korea. The platform is designed to extract oil and associated petroleum gas at the Piltun-Astokhskoye offshore oil and gas fields in the Sea of Okhotsk.
Domestic shipbuilders are eyeing another record year in terms of construction. For the first time, annual ship construction is expected to reach 12 million compensated gross tons or CGTs.
A Florida-based company is suggesting a project of enormous magnitude for Malta, which includes the construction and placing in Qawra Bay of a semi-submerged resort, casino and convention centre. The project also has the potential of providing the local shipyards with billions of dollars of business
French officials boarded and searched a north Korean cargo ship at an Indian Ocean island in mid-November. It was the first time a north Korean ship had officially been stopped under an October 14 United Nations Security Council resolution that imposed sanctions against the Democratic People
The fascinating black three-mast schooner is going to be reincarnated. Dutchman Ed Kastelein has commissioned the replica of the giant Atlantic. The new yacht will be the largest racing schooner ever to be re-created and the project is totally unique in that Kastelein will be masterminding the build
Yachts and Superyachts Conference for Dubai
Nigerian militants in speedboats have kidnapped seven foreign oil workers from a ship off the coast of the Niger Delta, Italian oil firm Eni says. Eighty-three workers were on the supply ship when it was attacked by armed men, the company said.
The Defense Acquisition Program Administration (DAPA) has chosen Samsung Thales to develop weapons and radar systems for a new fleet of 2,300-ton frigates over the next five years, officials of the agency said Wednesday.
