Nexans has won a contract worth approximately €39m (£35m) to supply the subsea power-export cables for Phase I of the Belgian Belwind Offshore Windfarm project, located on the Bligh Bank, 46km off the coast of Zeebrugge. Nexans will supply and install 52km of 170kV high-voltage power-export cable wi
Italy: Fincantieri’s Marghera shipyard launched the ‘Nieuw Amsterdam’ on October 31 for Holland America Line, a member of the Carnival Group. Delivery is scheduled for June 2010. The launch was preceded by the customary “coin ceremony”, the laying of a silver dollar on the last deck of the ship. God
In a bid to prevent further erosion along India’s coastline due to uncontrolled development, the government has tightened the norms for approving new port projects or expansion of existing ports or harbors… Source: Indian Express, November 4, 2009;
Three hundred temporary jobs are being created at a dock with a £20m cruise liner refit. Swansea Dry Dock beat off international competition to transform the 446- passenger ship, the Saga Pearl II. The Saga Shipping contract will see three months of work begin almost immediately to transform the shi
The economic use of supply chain resources by harnessing of information, capital, inventory and manufacturers in a fluid, linear dynamic is key to giving trading nations an edge over their maritime rivals. “Amid increasing globalisation and liberalisation, the battle for business and trade is no lon
Yesterday, November 3, the 556-foot Super Servant 4, one of Dockwise Yacht Transport’s (DYT) fleet of four semi-submersible ships, left Newport, R.I., with a record load of 50 recreational cruising and racing boats, worth more than $41 million. It’s another straw in the wind that boating is leading
At the CESA meeting in Berlin on October 29, delegates from Europe, Japan, China and USA acknowledged that “the shipbuilding industry throughout the world is experiencing a more challenging business environment than ever before in its history” and that “the current situation is partly the result of
New North Sea operator Taqa Bratani has signalled plans for a £400 million spend on its UK assets next year to keep oil flowing from its recently acquired fields. To continue production from its Northern North Sea assets, which comprise the Cormorant North and South fields, plus Tern and Eider, Taqa
Royal Caribbean Cruises Ltd. (NYSE:RCL) announced earnings for the third quarter of 2009 and provided guidance for the fourth quarter and full year. Key Highlights • Third quarter 2009 net income was $230.4 million, or $1.07 per share, compared to net income of $411.9 million, or $1.92 per share in
A 300ft (90m) dredger has arrived on the Tyne as work on the river’s second traffic tunnel reaches a crucial milestone. The Vesalius will dredge a channel into the riverbed between East Howdon and Jarrow, into which prefabricated tunnel sections will be dropped into place.
Subsea diving system and ROV manufacturer Hallin has won a contract to design and build a surface mixed gas diving system. The order has been placed by the Middle East based Lamnalco Limited, who provides terminal support services worldwide. The mixed gas diving spread will comprise an A frame launc
Loss-making shipping line Zim will receive a multimillion dollar cash injection, following approval of the rescue plan by its parent company’s shareholders. The Israeli carrier will receive a capital injection of US$450m from parent Israel Corp and also a $100m safety net.
Malaysia has ordered that the former President of the International Association of Ports and Harbours (IAPH) and ex-Port Klang General Manager Datin Paduka O C Phang and the country’s former Transport Minister Datuk Chan Kong Chye, be investigated for impropriety and criminal breach of trust. The re
In Gambia’s coastal towns one of the country’s chief assets – pristine beaches – is being steadily eroded. In a move to make King Cnut proud, the government is shipping in sand… Source: The Ecologist, November 4, 2009;
