According to RIA Novosti, Japanese companies will be involved in the construction of artificial islands in the Black Sea off the coast of Sochi, the venue for the 2014 Winter Olympics, the head of the Russian-Japanese business council said on January 11.
SBM Offshore and Modec Inc are in a head-to-head battle that could see them share the floating production, storage and offloading (FPSO) vessel contracts from BP in Angola, industry website Upstream Online reported.
Five fishermen have been rescued after their boat sank in the North Sea. The Fraserburgh-registered Fisher Boys, with five people on board, began taking on water about 40 miles off the coast.
Authorities are investigation a oil barge’s collision with the Richmond-San Rafael Bridge in the San Francisco Bay. The U.S. Coast Guard says a tug boat was pulling the barge under the bridge in foggy conditions
Improper training and bad steering by a Princess Cruises ship’s second officer caused the vessel to tilt suddenly in 2006, injuring almost 300 people, the National Transportation Safety Board determined Thursday.
Falmouth could soon take the biggest cruise ships in the world. Assessments of the channel have confirmed that it could take the 1,112ft (339m) Freedom of the Seas type ships.
For boat manufacturers, the yachting market of the future is China, where luxury sailing yachts and motorboats are becoming the ultimate accessory of the super-rich. New marinas are being developed, and the government is promoting sailing ahead of next year’s Olympics. Claudia Blume reports from Hon
Herewith we announce that effective from 2 January 2008 the Damen Shipyards Group has purchased 49% of the shares of Albwardy Marine Engineering (AME), Dubai, United Arab Emirates (www.albwardymarine.com).
Herewith we announce that effective from 27 December 2007 the Damen Shipyards Group has purchased the premises and operations of FarOcean Marine, Cape Town, South Africa (www.faroceanmarine.com).
South Korea’s Hyundai Mipo Dockyard Co Ltd said on Friday it had won a 432.8 billion won ($461.7 million) order to build ten product carriers from an unidentified Asian company.
Cargotec Corporation will publish its financial statements release for the accounting period January 1–December 31, 2007 on Thursday, January 31, 2008 at 8.00 a.m. Finnish time (GMT +2). The financial statements release will be available after publishing on the Company’s internet pages at www.cargot
Jumeirah Private Island Phuket, one of Asia Pacific’s most exclusive developments, is scheduled for completion in 2009. The luxury project will also be home to an elite mega yacht marina and the invitation-only Jumeirah Private Island Yacht Club.
FIJI stands to lose millions of dollars in revenue as a result of the reduced length of stay for yachts. In his 2008 National Budget address, interim Finance Minister, Mahendra Chaudhry said the length of stay would be shortened. This has already started having a negative impact on one company that
The Port of Corpus Christi’s plans for a container terminal moved a step closer to reality on Thursday. This week, the Port began seeking private partners to build and operate the La Quinta Trade Gateway Terminal on 1100 acres between Portland and Ingleside.
