The congestion that has plagued India’s largest container gateway, Jawaharlal Nehru port, right through the 2007-2008 financial year looks set to continue in the new year that started on April 1. Three super post-panamax rail-mounted quay cranes, ordered from Malaysia’s IMPSA at a cost of Rs1.05bn (
Jan De Nul Group has recently been awarded several projects, well spread over the globe, worth over one billion euro. Furthermore, many of these projects will be executed in new market areas such as Peru, Trinidad and Brazil. These new contracts will further strengthen the top market position that t
Chris Hamel, a crew member on the multimillion-dollar, 80-foot racing yacht Magnitude 80, prepares the vessel at its dock in Long Beach for this weekend’s Newport to Ensenada International Yacht Race. The crews on about 390 boats are making last-minute checks, preparations and repairs before setting
DryShips Inc., today announced that it has exercised its option to acquire two advanced capability drillships for use in ultra deep water drilling locations. The drillships, are to be constructed by Samsung Heavy Industries Co., Ltd. (SHI) and are expected to be delivered from the shipyard in the th
Aker Solutions in Aberdeen has been awarded a three-year contract, plus options, to provide Fairfield Energy with engineering, procurement and construction services on the Dunlin Alpha platform in the northern North Sea. The contract is valued at between GBP 20 and 30 Million annually and will creat
The USD 665 million EPC-LNG contract was awarded to the joint venture (50/50) between Aker Solutions (formerly Aker Kvaerner) and IHI, Inc. (formerly Ishikawajima-Harima Heavy Industries) and announced in a stock exchange release 19 July 2006, pending the issue of a Full Notice to Proceed from Ingle
Royal Vopak announces it has reached an agreement with Mitsui & Co and Tejana Trading Corporation Sdn Bhd to acquire 100% of the shares in Intercontinental Terminals (M) Sdn Bhd in Malaysia. The terminal is located in the free trade zone within the Johor Port at Pasir Gudang, which lies within the d
Royal Vopak (Vopak) and N-Trans, owner of Pakterminal and Estonian Oil Service (EOS) respectively, which are both operators of oil storage and transit terminals in Tallinn, Estonia, announce that they have established a joint venture called Vopak EOS. The establishment of the joint venture follows t
Eni Norge AS, as the operator of production licence 293, has completed the drilling of wildcat well 34/12-1. The well was drilled in the Viking graben, 30 km north-east of the Kvitebjørn field in the North Sea. The objective of the well was to prove petroleum in Jurassic strata in the ‘Afrodite’ pro
Feadship has launched Ocean Mercury, the first custom-built yacht in a new modular concept called SL39. Built by Koninklijke De Vries Scheepsbouw, the SL39 is unique in the so-called ‘semi-series’ market as it allows for the choice of a completely original exterior style. Designed by De Voogt Naval
Portnews.com reported that Turkey based Cicek Shipyard has launched its first container ship. The 1300 TEU ship was named Ayse Naz Bayraktar and is due for delivery in July 2008. She is the first of two 22,000 DWT multipurpose container ships ordered from the yard by Bayraktar Shipping.
A rescue operation has been mounted on the River Ouse near Goole after a 40 foot pleasure craft got stuck on a sandbank at low tide. The Humber Inshore Rescue team said a couple from Bradford, West Yorkshire, had become stranded on the vessel near the village of Airmyn.
Nearly 40 new moorings are being created in two of Jersey’s marinas in a bid to improve facilities for local boat owners.
Restoration work on the Cutty Sark which was ravaged by fire almost a year ago, has reached a “major milestone”. A seven-tonne iron counter, a large and delicate part of the ship’s stern, was lifted by crane from the rest of the ship, said the construction team
