Stolt-Nielsen Transportation Group (SNTG), a subsidiary of Stolt-Nielsen S.A. (NasdaqNM: SNSA; Oslo Stock Exchange: SNI), announced today that it has signed an agreement with SLS Shipbuilding Co. Ltd. for four 44,000 deadweight ton (dwt) parcel tankers. The aggregate price for the four ships is expe
Over the next few years Mississippi’s shipbuilding industry should see its share of the defense spending bill passed by federal lawmakers Thursday. About $2.6 billion of the $447.6 billion defense appropriations bill approved by Congress this week is earmarked for construction of two naval destroyer
The Alang ship-breaking yard of Gujarat was making news for being a dumping ground for toxic-laden ships. Asia’s largest ship breaking yard is the final destination of decommissioned ships from the world over. It has often raised environmental and safety concerns but documents available with NDTV su
One of the Titanic’s few remaining lifejackets has been sold to a private collector for
A Japanese registered fishing vessel, “Ryoei Maro”, damaged in a collision with a Thai vessel, off the coast of Angoche district, in the northern Mozambican province of Nampula, sank on Thursday, media reports Friday quoted Angoche maritime authorities as saying. The Mozambican authorities are worki
Enhanced comfort at higher speed, reduced fuel consumption, more spacious and light interiors, more watersports, innovative technology and design
Y702 – A perfect symbiosis between high-tech production and skilled craftsmanship. The hugely impressive 82m/269ft Y702 moves relentlessly towards a completion date of Summer 2007. Alongside 80m/262.50ft Y701, the complex fit-out of both yachts progresses perfectly on schedule at our Alblasserdam sh
Concordia Maritime has exercised existing options and placed an order with the Brodosplit shipyard in Croatia for a further two vessels in the P-MAX series, thus extending the series to ten units. Concordia Maritime has invested a total of more than SEK 3.5 billion in its new fleet, which currently
The government will award three petroleum exploration offshore licences to M/s Petroleum Exploration Limited (PEL) on Friday. In this regard, an agreement signing ceremony between the government and PEL will be held in the Ministry of Petroleum and Natural Recourses.
Statoil and Aker Kvaerner have signed a memorandum of understanding for the contract for the semisubmersible platform to be located at the Gj
Statoil ASA is modifying its target for oil and gas production in 2007 by about 3%. Output in 2006 is expected to be about 3% lower than the earlier prognosis. However, the company forecasts a growth in production of 14% from 2006 to 2007. The revised forecasts do not represent any change in Statoil
The AIDAdiva, the first of four new ships for the German cruise operator AIDA Cruises (Rostock), is growing rapidly at MEYER WERFT in Papenburg. Today the ship will be floated up in the building dock for the first time. The four new and innovative 68,500-gt ships will have a length overall of 252 m
Hamworthy PLC said it is confident about the future due to a positive market outlook and as its order book for August rose to 234 mln stg, from 206.8 mln at the end of March. The maker of marine and offshore fluid handling systems also said it has won 13 mln stg of new orders […]
Seoul (ANTARA News/Asia Pulse) – STX Shipbuilding Co. (KSE:067250) has won a 187.6 billion won (US$198 million) deal to build four container carriers. STX Shipbuilding will deliver the vessels for NYK Line, Japan’s leading logistics company, by the end of 2009, the company said. The South Korean com
