Dubai World, the newly-established holding company, will invest close to Dh32 billion (50 billion Egyptian pounds, $8.7 billion) in Egypt to develop a seaport and some other industrial projects, company officials said on Monday as quoted by Gulf News daily. It also includes the development of a cont
Kalmar, the business area providing container handling solutions within Cargotec, has signed a five-year service contract for 29 rubber-tired gantry cranes (RTGs) with Mumbai-based terminal operator Gateway Terminals India Pvt Ltd (GTI). The service contract covers maintenance, engineering support,
The leaking container ship (Safmarine Agulhas) grounded off the East London harbour is being watched carefully for any signs of pollution, the salvors said on Monday. “The structural integrity of the vessel continues to be monitored and internal assessments are continuously being undertaken,” said S
Electric Boat said yesterday that it issued layoff notices to 440 employees as part of a previously announced work force cutback. Most were at the shipyard in Groton, Conn., where 368 hourly production and production-support workers and 48 salaried employees were laid off, a company spokesman said.
On the 8th of July, two vessels were launched from No.2 dock. The first vessel was H.N.2309, a 38K CBM LPGC for Bergesen LPG, and the second one launched during the 128th batch launching was an 8,400 TEU Containership for MSC bearing our H.N. 4110. The percentage of production progress for the H.N.2
With the exception of Durban and Cardiff, who are aiming to skim the southern tip of it, the whole fleet is now passing over the Grand Banks just south of Newfoundland. This area of relatively shallow (50 to 100m, as opposed to the 3000m plus of the surrounding ocean) is an area of converging curren
Todd Shipyards Corp. said it’s received a $5.2 million contract to repair and renovate a U.S. Navy dry dock in Bremerton. The work will be done by Seattle-based Todd’s (NYSE: TOD) Pacific Shipyards Corp. subsidiary. Work on the project, at Caisson No. 4 at Drydock No. 2 at Puget Sound Naval Shipyard
It
PENSACOLA, Fla. – One year after Hurricane Dennis hit Navarre Beach, a project to fortify the beach against future storms resumed Monday after work was temporarily halted because of sea turtle deaths from the sand dredging equipment. “This is a big break for us, it’s a one-year anniversary present,
State and territory fisheries officials have emerged from a meeting with the Federal Government promising to tweak their laws on illegal fishing. Federal Fisheries Minister Eric Abetz sat down today with fisheries ministers from Queensland, Western Australia and the Northern Territory.
The replica of the legendary 18th Century Swedish merchant ship “Gotheborg” is due to arrive in South China’s Guangdong Province on July 17 to coincide with the arrival of Sweden’s King Carl XVI Gustaf in China. The Gotheborg symbolized 260 years of friendly relations between Sweden and China, and w
Now that the ten Clipper yachts are racing across the Atlantic the committee backing the Jersey campaign are working hard to create a memorable stopover for the crews and any visiting friends, relatives and supporters. The tiny Channel Island may be small but the welcome that awaits is big
Good progress continues to be made with respect to the removal of cargo from the grounded container ship
The Ghana Shippers Council (GSC) has warned that it would not support people whose business activities would tarnish the image of the shipping industry. The Chief Executive of GSC, Kofi Mbiah, speaking to newsmen at Tema, called for stiffer punishment for people whose dealings would draw the image o
