Bulk ship operator Diana Shipping has confirmed that they have agreed to invest US$50 million in the previously announced new project involving a company formed for the purpose of investing in containerships. The investment by Diana is equivalent to an interest of approximately 38% of the common sha
Plans to build a world-class “test rig” for wind turbines in Northumberland have been announced. The £30m facility, which will allow offshore turbines to be tested onshore, will be based at Blyth’s New and Renewable Energy Centre (Narec).
STX Europe has entered into a new contract with Simon Møkster Rederi for the building of a Platform Supply Vessel (PSV). The vessel is of STX Europe PSV 09 CD design, featured with the new environmental friendly hull lines optimized for eco-drive in all weather conditions. The vessel is scheduled fo
Fremantle harbour dredging will be suspended for two months from May as key equipment is required for the $30b Gorgon gas development – delaying the project into Spring. The controversial $250 million project to deepen Fremantle harbour was set to last six months from January, but Port officials say
Bangladesh beat India in early February’s contracts for ship recycling. “Bangladesh picked up the pace this week with two high profile purchases,” said US-based shipbreaking analyst, GMS Weekly. The publication said that this suggested a return of a certain buoyancy in the market not seen since earl
Finnish port workers have postponed a strike that would have brought a halt to all imports and exports. The workers had planned an all-out strike for Friday, but were forced to reschedule by the Finnish minister of Labour, Anni Sinnemäki.
At least five sand-dredging boats have begun mining operations off the coast of Koh Seh (Horse Island) in Preah Sihanouk province, an official said Tuesday, in an apparent violation of a sand-export ban ordered by Prime Minister Hun Sen on two occasions last year. [mappress] Source: The Phnom Penh N
THE NSW government has unveiled plans for the development of Port Kembla’s Outer Harbour. [mappress] Source: Shipping Industry, February 17, 2010
Green Bay this year has a harbor that needs to be dredged, an island that could be developed and a federal government coming up short with money for both projects… [mappress] Source:dailyreporter,February 17,2010;
CATEECHEE, S.C. (AP) – A landfill is ready to store dangerous chemicals to be removed from a South Carolina river that feeds into Lake Hartwell, but some local residents are worried about the project… [mappress] Source:wmbfnews,February 16,2010;
The Philippines authorities have detained 11 Malaysian fishing trawlers in the Sulu Sea, near the maritime borders of both countries. The Sandakan-based trawlers, with more than 50 crewmen, were detained during a Philippines National Police (PNP) operation from 10pm on Sunday to dawn yesterday.
Following the completion here of APL Bahrain, a 259.8-meter-long container ship which is said to be the biggest vessel to be built in the country, shipbuilder Hanjin Heavy Industries Corp. Philippines Inc. (HHICP) announced it will next build the biggest container ship in the world.
KARACHI: The Karachi Port Trust has embarked upon a record number of development projects and is utilising over 80 per cent of its Rs10 billion annual budget on these projects, official sources said on Monday. [mappress] Source: Dawn, February 16, 2010
Leading global yacht chartering companies believe the Middle East has a strong potential to become a preferred luxury yacht chartering hub, thanks to expansion of the region’s superstructure, particularly marinas, and a growing vessel support network.
