West Asia Maritime Limited (WAM) has signed an MoU of US$33.52mn deal with Mitsui & Co, Japan for taking a IHIMU, Japan built geared 56,120 DWT Bulk Carrier under Bareboat Charter with purchase option.
Since the Sprague Energy cargo port is tucked away on Mack Point, it is easy to miss something significant: it is busy and it is growing.
The schedule has been finalized for the second annual Moscow Yacht Festival, a large festivity and on-water exhibition devoted to yachting, water sports and recreation. The event is taking place from June 15th to June 18th, 2006
A FISHING boat was escorted back to shore yesterday after it started taking in water in storm-lashed seas.
The Dutch ambassador to Saudi Arabia, Nicolaas Beets, met Saudi officials and businessmen and explored opportunities for bilateral investments in areas in which the Netherlands traditionally holds strong expertise, such as infrastructure, construction, dredging, water management and agriculture.
Under the plan, expected to cost up to $120 million, the Port would convert Terminal 30 back to a container-cargo facility, making more room for imports from Asia, which have shot up 40 percent in the past two years.
The Seabulk Pride is a double hulled, 601-foot tanker leased by Tesoro. A post incident investigation, completed with the support of divers, found a water ballast tank in its outer hull had two small 5-to-7 inch cracks, which were temporarily repaired
Subsea 7 has entered into contracts for the building of a new Flexible Pipelay and Construction vessel. The vessel will be 154m long and 28.4m wide. Its pipelay equipment will include a vertical lay system with top tension capability in excess of 400t
RAYTHEON Systems, which has a plant in Glenrothes in Fife, is among three companies selected by the Ministry of Defence to work on a new fleet of naval support ships.
British military ships could be built in foreign yards for the first time as part of a new plan unveiled by the Ministry of Defence yesterday.
The one-time flagship of the U.S. Sixth Fleet in the Mediterranean and the Second Fleet in the Atlantic has served host to the former Shah of Iran, the king and queen of Greece, the president of Lebanon and other notables.
A Bangladeshi scrap merchant offers to buy a famed ocean liner crammed with asbestos for 12 million dollars, despite warnings from the government it will not allow the vessel to be broken up here.
Exciting New Amels 52-Meter Makes Dazzling Debut ! Amels, member of the Damen Shipyards Group and builder of nearly 30 custom superyachts, is pleased to announce that it has sold the first two LIMITED EDITIONS 52-meter ‘Amels 171′ models currently under construction. Since Amels introduced the LIMIT
Global subsea contractor, Subsea 7 announced today that it has been awarded a subsea installation contract with a value of approximately US $28 million from Chevron North America Exploration and Production Company, a Division of Chevron U.S.A. INC
