At 4 pm, the fall pipe module for Jan De Nul Group’s mining and fall pipe vessel Simon Stevin was placed on a pontoon to be transported to the La Naval shipyard in Sestao, Spain. This Monday, 15 June, the pontoon and its tugboat leave for Spain. Approximately 7 days later, after passing through the
At 4 pm, the fall pipe module for Jan De Nul Group’s mining and fall pipe vessel Simon Stevin was placed on a pontoon to be transported to the La Naval shipyard in Sestao, Spain. This Monday, 15 June, the pontoon and its tugboat leave for Spain. Approximately 7 days later, after passing through the
Sea trials of the US Navy’s landmark Austal-designed and built 127-metre Littoral Combat Ship “Independence” (LCS 2) are expected to commence within weeks following the successful light off of the vessel’s main engines. Austal completed light off of the vessel’s four propulsion engines – two 22,000k
Royal Boskalis Westminster N.V. announces that almost two thirds (64.8 percent) of the shareholders have elected for a stock dividend distributed in the form of ordinary shares. In connection with this, Royal Boskalis Westminster N.V. has issued 3,832,322 new shares (with a nominal value of EUR 0.80
Iridium Satellite LLC (Iridium) announces that the U.S. Naval Surface Warfare Center, Dahlgren has awarded one of its subsidiaries a $21,688,808 indefinite-delivery indefinite-quantity cost-type contract to support development and delivery of the Distributed Tactical Communications System (DTCS). DT
Saab TransponderTech AB, the international leader in Automatic Identification System (AIS) technology, today announced that it has installed more than 15,000 shipboard AIS transponders and 1,500 AIS base stations around the world. “This is a major milestone and underscores Saab’s clear position of m
China National Petroleum Corp., CNPC, is planning to build four liquefied natural gas terminals as China boosts the use of the cleaner-burning fuel, Chief Financial Officer Wang Guoliang said at a renewable energy conference in Tianjin. The company also plans to tap China’s methane resources, he sai
Shipping company Huelin-Renouf has terminated its contract with a German shipbuilder to supply a new vessel for its Channel Islands’ freight route. The decision was made after the company failed to complete an order on time for a bespoke 85m-long (279ft) replacement cargo vessel scheduled for Decemb
A quirky addition to Leg 8, the Rotterdam Gate Race, was completed this morning as the fleet passed by the Netherlands. The gate race course was marked out by two rounding points requiring the fleet to complete a reaching loop. The idea was for the times set by the Volvo Open 70s to be logged [&hell
The General Ports Administration announced on Friday that it had signed a contract with Belgian firm Jan de Nul NV to dredge the inner areas of the Port of Buenos Aires. The contract resulted from a public tender called in 2008. The principal aim of the contract is to widen the access channel to the
Liftings on container trades to and from the Middle East have improved since February but the supply and demand outlook remains bleak, according to Jorn Hinge, new president and CEO of United Arab Shipping Company (UASC). He told IFW all carriers were suffering from the downturn in demand from Europ
AP Moller–Maersk has announced it will merge Maersk Logistics and its freight forwarding arm Damco into one business unit. From 7 September, the merged companies will trade as Damco, with a global customer base of around 10,000. Rolf Habben-Jansen, CEO of Maersk Logistics and Damco, said: “We will c
PD Ports has written to all of its 600 workers at Teesport to inform them that up to 20% of them could be made redundant because of volume decreases. PD Ports’ CEO David Robinson told IFW it may need to make up to 120 redundancies as steel producer Corus has threatened to close Teesside Cast [&helli
Container shipping lines have begun turning to shareholders in an effort to raise cash to fund debt repayments, stave off the impending spectre of bankruptcy, or to take advantage of possible investment opportunities. Last week Singapore-based NOL announced that it was planning a rights issue that s
