Recently VOSTA LMG signed a supply contract with Tianjin Dredging Corporation (TDC) in China for a Basic Design and Dredging Components package for a Self Propelled Cutter Suction Dredger with a dredging capacity of 4.500m³/hour.
The project required $800mln in investments. The launching of the terminal will permit to cover the deficit of the infrastructure capacities and support the cargo turnover in the Baltic region.
Bharati Shipyard, the second largest private sector shipbuilder in the country, is going slow on fresh orders for building ships since the company is booked to capacity till 2011. The company, promoted by two former naval architects – P C Kapoor and Vijay Kumar – has seen orders pouring from France,
The Port of Champerico has awarded Van Oord the contract for the construction of a new fishing port. The contract value is EUR 24 million. The project will be partly financed by a Dutch finance export plan (ORET). The project has an execution period of 18 months.
MISC Bhd, together with Vietnam’s Petroleum Technical Services Corp, has been awarded a contract worth US$350mil to US$400mil to provide floating production storage and offloading (FPSO) facility leasing for eight years. The contract was given by PC Vietnam Ltd.
The endangered right whale is to get extra protection after a safe haven from shipping was set aside off Nova Scotia in Canada. The International Maritime Organization (IMO) ratified a Canadian proposal to designate the 1,800-sq-km zone an ‘Area to Be Avoided’ at a meeting in Denmark.
US authorities have charged two men with killing the captain and three crew members of a chartered fishing boat they are accused of trying to hijack. Kirby Archer and Guillermo Zarabozo were found alone in the life raft of the Joe Cool after it was reported missing in the Bahamas last month.
Oceanteam Power & Umbilical ASA announced today that it has accepted an LOI agreement with N-power Renewables for Cable Installation Services associated with the Rhyl Flats Offshore Wind Farm, due for installation in 2008.
The FPSO Sevan Piranema has today commenced oil production on the Piranema field, off the coast of Aracaju, in the state of Sergipe, Brasil. The Sevan Piranema will be working under an 11+11 year charter contract with Petrobras S.A., in ultra deep water, ranging from 1,000 to 1,600 m. The FPSO has a
An appeals court ruled in favor of a Cocoplum man who wants to keep his 122-foot yacht in the waterway behind his home — much to the chagrin of his next-door neighbor. It’s not the mega-yacht’s two stories or its 216 gross tons, but its protruding bow: more than 20 feet of which was encroaching [&he
In addition to Cavendish White UK, Fort Lauderdale and Dubai, we have recently opened Cavendish White Athens. Our office is in the brand new complex Flisvos Marina and we are delighted that Costa Lourandakis has joined us as a broker. Costa is an established and well respected yacht broker in Greece
Business is booming at on world’s leading luxury yacht maker as it reaches advance orders of more than £100 million for the first time in the company’s 40 year history. Oundle-based Fairline confirmed advanced deposited orders of more than £100 million and an order book that includes seven confirmed
Cunard Line announces that it has ordered a new 92,000-ton liner, to be named ‘Queen Elizabeth’, scheduled to enter service in the autumn of 2010. Cunard, a unit of Carnival Corporation & plc signed an agreement with Italian shipbuilder Fincantieri for the construction of the new 2092-passenger ocea
Husky Energy Inc. confirms the death of a 34-year old man on board the SeaRose FPSO, located at the White Rose oil field 350 kilometres offshore Newfoundland and Labrador. The Husky employee was found in his cabin Wednesday evening after he failed to report for his scheduled shift.
