Daewoo Shipbuilding & Marine Engineering Co. said it aims to become the world’s most profitable shipbuilder by 2008, projecting about 10 trillion won in sales and 500 billion won in net profits.
Southern North Sea gas operations will be put in the spotlight when leading players gather in Norfolk to thrash out ways of addressing the challenges facing one of the region’s biggest industries.
The berth shipping efficiency of east China’s Qingdao port reaches 181 containers each hour, ranking the world’s top, according to the latest statistics provided by the world leading shipping company Maersk Sealand Group.
The 7,024-TEU containership Hatsu Sigma recently made her maiden call at the Port of Los Angeles.
It is claimed the Japanese killing of whales in Australia’s Antarctic waters is tantamount to a diplomatic incident.
Solo yachtswoman Dee Caffari will experience a Christmas like no other this year as she spends the festive season alone on board her yacht, Aviva, preparing for the next crucial phase of her solo circumnavigation, The Aviva Challenge.
As the “Official Cruise Line” of the King Tutankhamun and the Golden Age of the Pharaohs exhibit, Holland America Line is offering special VIP tickets in conjunction with all of its cruises arriving at Fort Lauderdale while the Egyptian treasures are on display through Apr. 23, 2006
NEW DELHI: India is reluctant to join other Indian Ocean rim nations wanting to kick-start the installation of a tsunami early warning system.
The Ericsson Racing Team has today signed Irish sailor Damian Foxall as new crewmember for the Volvo Ocean Race. Damian, a highly experience sailor and veteran of 17 transatlantics and five round-the-world events
China National Offshore Oil Corp (CNOOC) Limited announced December 21 that its partner Eni, an Italian company, discovered a new oil well in the eastern South China Sea.
Mani Singh, an Indian, working as chief engineer on a container ship, has been convicted by a US court in Boston for covering up pollution in the vessel. He worked on the MSC Elena
South Korea aims to sell a controlling stake in Daewoo Shipbuilding and Marine Engineering, currently valued at 2.5 trillion won ($2.5 billion), in the second half of 2006, a lead creditor said on Wednesday.
Product development company PTC has announced the availability of CADDS 5i R14, a design software product for the shipbuilding industry, as well as other large assembly manufacturers, to support product development.
THE shipyards under China State Shipbuilding Corporation delivered ships totaling 5 million deadweight tons this year, 640,000 tons higher than its expectation, Xinhua news agency reported today.
