The flight ban that was established due to ash fall from the volcanic eruption in south Iceland has caused extensive financial losses to the Icelandic fishing industry. “I estimate that our loss is three to four million króna per day,” said Birgir Kristinsson, managing director of fishing company Ný
Cruise ships calling at the port of Mombasa will not pay Valued Added Tax (VAT), a Cabinet minister has said. Mr Najib Balala, Tourism minister, said the move will encourage more cruise ships in the country, which often bring in many people when making a single call at the port.
The Port of Darwin Corporation is seeking to limit the fallout from reports of copper concentrate fouling East Arm Wharf waters and the port area. A Northern Territory Government investigation has been announced. The Northern Territory News, quoting a whistleblower, estimated a possible escape rate
The House on Sunday evening passed a bill aimed at bringing more cruise ships back to Alaska and settling a lawsuit over the state’s passenger head tax. The 27-13 vote followed extensive recesses during which members tried to secure votes either for amendments or the bill’s passage.
According to an April 19 report from the Taiwan News, after refraining from placing any order for new ships for the past two years, the head of the Evergreen Group now sees the opportune time to replenish his fleet with newbuildings.
Songa Offshore has completed a 50 million dollar investment. The company has invested 50 million dollars or about 300 million kroner in Deepwater Driller Ltd, according to a stock exchange notice. After the investment, Songa owns 31.25 per cent of the shares in the company.
A new report published by Scottish Enterprise has revealed that sail and power boat tourism in Scotland is worth around £101m per year, providing jobs to just over 2,700 people. Of this total, £27m is generated from non-Scottish boat owners supporting 724 jobs, and £53m is the gross value added to t
The Pasig River Rehabilitation Commission (PRRC) expressed optimism yesterday that the Pasig River dredging project will be completed before December 2010.Months after President Arroyo declared the project as a priority of the national government in March 2008 under Executive Order No. 717, the Comm
The Korean Ministry of Knowledge Economy has said that vessels run by electricity and run with information technology (IT) could be built from as early as 2015. According to the Korean Times, a ministry spokesman said that a five-year blueprint for the next-generation shipbuilding industry will be r
The Port Authority says the construction work in Hambantota Harbour is being conducted as scheduled. Chairman of the Authority Dr. Priyath Banduwickrema says the target is to operate the first vessel into the harbour in November this year… [mappress] Source:slbc,April 19,2010;
IHC Beavers® are well known for their flexibility in several areas. First, their modular construction means that they can be delivered fast, that they are easy to transport and that they can be commissioned quickly at dredging sites.Secondly, although they are highly standardised, IHC Beavers® can b
THE BANGKO SENTRAL ng Pilipinas (BSP) has approved in principle the government’s plan to borrow €272.394 million from a Belgium-based bank to fund the rehabilitation of Laguna de Bay over the next two years… [mappress] Source:bworldonline,April 19,2010;
Those dock owners weren’t kidding when they talked about increased shipping on the Saginaw River and Great Lakes this year. Dredging on the Saginaw River last year and more planned for this year will help ships increase their loads, and cut costs… [mappress] Source:mlive,April 18,2010;
The Ghana Ports and Harbours Authority (GPHA) has designed a master plan for the redevelopment and expansion of the Takoradi Port to transform it into a modern and vibrant one to meet the challenges of the emerging oil and gas industry… [mappress] Source:graphicghana,April 18,2010;
