On 14 May 2009 the dividend of Royal Boskalis Westminster N.V. for 2008 was set at € 1.19 per ordinary share with a choice of stock or cash dividend. With the dividend distribution as stock, shareholders will receive 1 new ordinary share per 14.5 dividend rights of ordinary shares. The conversion ra
With the recently signed contract for the RRS system on the new FFX frigate program for the Republic of Korea Navy (ROKN), Imtech Marine & Offshore proves the added value of the RRS System.The Imtech Rudder Roll Stabilisation System was developed by one of Imtech’s leading Senior Consultants, Dr. Ir
Huisman’s newly developed containerised drilling rig, the LOC 400, operated by the Northern Dutch Drilling Company (NDDC) for Northern Petroleum Netherlands (NPN), successfully completed its first well in Werkendam, The Netherlands. The recently delivered unit managed to drill the entire well (TD =
China National Offshore Oil Corp (CNOOC), China’s leading liquefied natural gas (LNG) project developer, has started operating its Fujian LNG project after a trial run of nearly one year. The first cargo of Indonesian gas under a long-term supply deal arrived in Fujian in mid-May and a second cargo
On Thursday the 8th of October 2009 the second edition of Offshore Energy will be held at the Old Navy Yard Willemsoord in Den Helder, The Netherlands. The exhibition, which focuses on the (inter)national offshore, dredging and energy market, is the first of its kind in The Netherlands. With a defin
Austal has officially unveiled its new 102-metre trimaran vehicle-passenger ferry platform, which is currently under construction at its Western Australian shipyard and available for purchase. The new 102-metre trimaran is an evolution of Austal’s landmark 2005 trimaran ferry “Benchijigua Express” i
CMA CGM has said it will increase freight rates on the Asia-Europe trade by US$300 per teu, as they had reached unsustainable levels. New rate increases will apply to all cargo moving westbound from Asia to Europe, effective 1 July 2009. It added that it would also start to invoice BAF separately fr
Ro-ro line Transfennica has announced plans to add a third vessel to its Bilbao-Zeebrugge in September, and has introduced a cut-price €450 (US$640) rate for unaccompanied trailers. The addition of the new vessel represents a 67% increase in capacity, and sailing frequency will increase from three t
Blue Sky Network (BSN) and Iridium Satellite LLC (Iridium) announced today that they have agreed to supply the Open Passage Expedition with voice communications and GPS mapping technology for its upcoming four month-long Arctic journey. Equipped with the BSN D2000 device, and the Iridium 9555 satell
Seatec, the International Exhibition for technology, subcontracting and design for boats, yachts and ships, now in its eighth year, due to be held at the CarraraFiere exhibition centre from Wednesday 10 to Friday 12 February 2010. Since it was launched in 2003 to this year, Seatec has recorded a ste
The seventh MYDA – Millennium Yacht Design Award – the international design award for pleasure boats promoted and organised by CarraraFiere at Seatec, the International Exhibition for technology, subcontracting and design for boats, yachts and ships to be held in Marina di Carrara from 10 to 12 Febr
Jeppesen Marine today announced that its Marine Pilotage Charts (MPC) are now available for the waters in and surrounding Chile. Jeppesen MPCs are a new concept for procedural passage plans designed to meet the needs of pilots and commercial shipping companies. The charts use a format derived from J
Northrop Grumman Corporation (NYSE: NOC) recently presented the first annual Elmer A. Sperry Junior Navigator of the Year Award to Midshipman First Class Kyle Szatkowski in ceremonies at the U.S. Naval Academy. The Elmer A. Sperry Junior Navigator of the Year Award was established by Northrop Grumma
The volume of traffic handled at Irish ports has continued to decline during the first quarter of the year. Statistics from the Irish Maritime Development Office showed that during the first quarter container traffic declined year-on-year by 22% to 259,417teu, with laden imports down 30% and laden e
