South Korea’s STX Offshore and Shipbuilding, the world’s fourth-largest marine builder, plan to open talks this year with Abu Dhabi Ship Building (ADSB) to help it break into the regional market for offshore support vessels. The budding alliance between STX and ADSB, based in Musaffah, is part of a
The Ministry of Works (MoW) has completed the first phase of dredging of the Bahrain Approach Channel (BAC), which leads to the new Khalifa Bin Salman Port (KBSP) and other port facilities in the kingdom.
Broken barges, past-their-best hovercrafts and old submarines could end their days in Swansea, under £4 million plans to breathe new life into the city’s docks. A company called Swansea Drydocks aims to invest the money in the ship repair, recycling and breaking venture, and create 85 new skilled jo
US marine electronics and mechanical systems manufacturer WESMAR has announced a new joint partnership with repair and servicing specialist Arie De Boom Marine in France with the establishment of WESMAR Europe. Under the agreement, Arie De Boom will be developing a sales and service network for WESM
Abu Dhabi is to become a stop on round-the-world yachting competition the Volvo Ocean Race, the Abu Dhabi Tourism Authority (ADTA) said on Monday, becoming the latest global sporting event to dock in the UAE emirate. Abu Dhabi will be one of 10 ports of call during the 2011-12 race, marking the firs
Skykon Offshore and Lindø Industrial Park have signed a lease on a 100,000 square metre area corresponding to approximately ten percent of the industrial park’s total available area. Skykon produces foundations for offshore wind turbines. The leased area includes parts of the original shipyard facil
LOKOJA, NIGERIA— The dredging of the Lower River Niger will require more funds than expected, says Nigerian Transport Minister Alhaji Ibrahim Bio, who adds that the original survey putting the cost at 36 billion Naira (about 239 million USD) was a gross underestimation… [mappress] Source:brunei,Marc
An investors meet will be held next month for the proposed Vizhinjam port in Kerala and work on the project will start during the tenure of the Left government, Ports Minister M.Vijayakumar told the assembly Monday… [mappress] Source:thaindian,March 15,2010;
APM Terminal Wins $120million Bid.The Government of Liberia, through the Inter-Ministerial Concession Committee (IMCC) for the Freeport of Monrovia, has declared a Dutch-based port giant, APM Terminal, the winner and highest ranked bidder for the improvement of facilities at the Freeport of Monrovia
Poor infrastructure at major Indian ports have resulted in maritime trade losses amounting to more than Rs1,400 crore per annum, country’s top auditor has said… [mappress] Source: Emirates Business, March 15, 2010;
Mar 12, Colombo: The Sri Lankan government has initiated a number of projects to expand the ports network in the country to attract more service form the international shipping industry, the Secretary to the Ministry of Ports and Aviation Ranjith de Silva said today at a press briefing… [mappress] S
A massive Dutch ship retracing the main exploratory voyage of Charles Darwin will visit Perth this weekend. The Randstad Clipper Stad Amsterdam – a historical reconstruction of a mid-19th century clipper ship – will anchor at Fremantle on Sunday as part of its worldwide odyssey to celebrate the 200t
Modifications have increased the recovery with 20 million barrels oil at the Oseberg field. This corresponds to ten billion kroner at the current oil prices. The Oseberg Field Centre recently started low-pressure production, thereby increasing oil production from the Oseberg field in the North Sea.
BW Gas Ltd., the world’s biggest shipper of liquefied petroleum gas, idled four tankers because rates plunged so low that each vessel was losing the company about $25,000 a day. The Berge Racine will idle until the end of the year, when it will be given to new owners, Andreas Sohmen-Pao, chief execu
