Analyst Tijs Hollestelle of ING Financial Markets reiterates his “buy” rating on Boskalis (KBW.BER). The 12-month target price has been raised from
A North Korean freighter used to import 150 kilograms of heroin into Australia was towed out of Sydney Harbour last night ahead of its scuttling later this week.
Dutch Economics Minister Laurens Jan Brinkhorst will visit Libya next month to lobby for oil and gas imports as part of a strategy to diversify energy supplies, his ministry said on Tuesday.
St. Petersburg’s Almaz shipyard will start construction Friday of a new gunboat for Russia’s Navy, the company said Tuesday. The Makhachkala Project 21630 gunboat, designed to patrol Russia’s 200-mile maritime economic zone
BW Gas has entered into a Heads of Agreement with Maran Gas with the intenion to take a 50% ownership share in four VLGC newbuildings for delivery in 2008/9.
Petronas, Tuesday announced a new discovery of gas at its PC4 gas field offshore Sarawak. The PC4-1 exploration well, situated about 108 kilometres northwest of Miri in a water depth of 73 metres was spudded in January 2006
Russia seeks common energy policy in G8
Gati Ltd plans to buy a container vessel for Rs 60 crore. Gati Coast to Coast, the shipping division of Gati Ltd, will get the 444-TEU vessel from a Bangkok shipping yard in the next 15months, Kumaran, Vice-President, Gati Coast to Coast, told Business Line.
An Israeli shipping company Monday denied in court that a containership it owns fled after a fatal collision with a Japanese fishing boat off Hokkaido last September, but said it intends to seek a settlement with the next of kin who are suing the firm.
Samsung Heavy Industries has been using a family of advanced RTLinux powered robots in its industry leading facilities on Koje Island Korea.
Nakilat (Qatar Gas Transport Company) has signed a letter of intent with the Singapore-based Keppel Offshore & Marine, to jointly develop and manage a major facility at Ras Laffan Port for the construction, repair and maintenance of ships and other marine structures.
The military is trying to move forward a proposal to purchase submarines from the US by endorsing a deal that could placate opposition lawmakers, who have criticized the subs as overly expensive.
The Swedish sailing ship ‘G
American carrier Horizon Lines, Inc. announced today it reached an agreement in principle to charter five new U.S. flag, foreign built vessels for 12 year terms from Ship Finance International Limited.
