Eagle Bulk Shipping Inc. today announced that it has taken delivery of Imperial Eagle, a ‘Future-56’ class, 56,000 dwt Supramax dry bulk vessel. The vessel has entered into a one-year time charter tied to the Baltic Supramax Index (“BSI”), ensuring Eagle participates directly in strong rates in the
The Australian Minister for Infrastructure, Transport, Regional Development and Local Government, Anthony Albanese yesterday officially launched the International Year of the Seafarer. Organised by the Australian Shipowners Association, the official launch coincided with the Shipping Industry Awaren
Germany’s largest fishing vessel will leave the Netherlands this week, towed by a giant kite harnessing trade winds for South America that will help cut its fuel consumption by up to a third. The 15,000 tonne ‘Maartje Theadora’ is the first fishing vessel to use the system, in which a 160 square met
Tan Xiwei, the deputy mayor of Chongqing, said during a recent interview that Chongqing will have 20 luxury cruise ships in three years and will develop them as a tourist destination on the Three Gorges.
Daewoo Shipbuilding and Marine Engineering has struck a deal to establish a joint venture to build wind power generators with the provincial government of Nova Scotia, Canada. The shipbuilder plans to invest up to US$20 million and hold a 51 percent stake while the Canadian province will take up the
Today SOCAR (State Oil Company of Azerbaijan) and German RWE signed a memorandum of understanding for perspective offshore structure Nakhchivan in the Azerbaijani sector of the Caspian Sea. From Azerbaijani side the document was signed by SOCAR head Rovnag Abdullayev, from German side by RWE board c
China Shipping Group Co., the nation’s second-largest sea-freight company, plans to buy “quite a few” dry-bulk ships this year on rising demand in Asia for shipments of iron ore and coal. “The shipping market has bottomed out from its worst period,” Li Shaode, the group’s president, said Wednesday i
China’s costliest water transport project, a shipping channel dredging program to boost trade in the Yangtze River Delta area, is due to be completed in the middle of this month, a senior official with the Ministry of Transport said Tuesday. The 12-year program, with a total cost of 15 billion yuan
NEW DELHI: In what could be a setback for the government’s ambitious development goals, a latest audit finding reveals that investments in large infrastructure projects, many of them in the public private partnership (PPP), have failed to take off, getting stuck in bureaucratic hurdles… [mappress] S
The Centralia City Council Monday night voted to affirm the city’s funding commitment to the dredging project at Raccoon Lake… [mappress] Source:wjbdradio,March 10,2010;
China’s costliest water transport project, a shipping channel dredging program to boost trade in the Yangtze River Delta area, is due to be completed in the middle of this month, a senior official with the Ministry of Transport said Tuesday… [mappress] Source:people,March 9,2010;
Work to backfill the new Tyne Tunnel, which was submerged in the river last month, is due to get under way… [mappress] Source:bbc,March 9,2010;
But fishermen soon may be forced to share those waters with even larger structures built to capture the gulf’s other abundant resource: the wind.
The Economic Co-ordination Committee (ECC) of the Cabinet which is scheduled to meet on Tuesday (today) with Minister for Petroleum and Natural Resources, Syed Naveed Qamar, in the chair will allow the Ministry of Ports and Shipping to hire a dredging firm to deepen and widen Port Qasim navigation c
