REpower Systems AG (WKN 617703) has founded a joint venture with rotor blade manufacturer Abeking & Rasmussen Rotec (A&R) for the production of in-house offshore rotor blades for wind energy turbines. The establishment of the joint venture was approved by the REpower supervisory board in May and is
Larsen & Toubro Limited (L&T) has bagged an order for Rs 980 crores for the supply and installation of Blast Furnace from Tata Steel for its project in Kalinganagar, Orissa.
Athens, Greece, July 16, 2007 – Danaos Corporation (NYSE: DAC) today announced that it has signed an agreement with the United Arab Shipping Corporation to time charter the 3,908 TEU Norasia-Hamburg for a period of 36 months. During the first 12 months of the charter, the charterer has the option to
Swire Pacific Offshore has ordered another four IMT966 anchor handlers to the IMT Marine Consultants design. These follow six similar vessels already under construction at Labroy Shipyards, Singapore. Scotland-based IMT Marine Consultants, partner in the Offshore Ship Designers Group, was responsibl
Oil leaking from a sunken ship has broken through floating barriers off the Balearic island of Ibiza, threatening a series of tiny islands that make up a protected bird sanctuary, officials said yesterday.
P&O Cruises is trying to find charter flights for hundreds of passengers on a storm-damaged cruise liner stranded in Vanuatu. The Pacific Star was battered by gale force winds and 10-metre waves only hours after it left leaving Auckland.
Vietnam’s largest shipbuilder, Vinashin, has been greenlighted to build a VND1.3 trillion (US$81 million) shipyard in the northern port city of Hai Phong, according to Vietnam News Agency.
AVEVA (LSE:AVV), a leading provider of plant and marine design and engineering lifecycle solutions, is proud to announce its win of a new contract with leading Korean shipbuilder, SLS Shipbuilding Co. Ltd. in Gyeongnam.
Rescuers did not find any bodies trapped inside the mv Blue Water Princess that capsized off Quezon province late last week, the military said, ending a three-day search for victims. The 400-ton Blue Water Princess overturned on Thursday after being battered by huge waves off the shore of the town o
Mitsui Engineering & Shipbuilding Co., Ltd., (MES with president Mr. Yasuhiko Katoh) recently completed a 56,000 dwt bulk carrier MV “TORENIA”(shipyard Hull No. 1648) which had been under construction in its Tamano Works and delivered it to the owner LEPTA SHIPPING CO., LTD.,Libelia.
A Viking Ship is on its way to the British Isles from Norway. The Sea Stallion, the biggest replica Viking vessel ever constructed, is bound for Kirkwall in Orkney.
Hercules Offshore, Inc. (“Hercules Offshore”) (Nasdaq: HERO) today announced the merger consideration expected to be paid to TODCO stockholders in the merger of Hercules Offshore and TODCO, which was completed on July 11, 2007.
Transocean Inc. (NYSE:RIG) today said it plans to report earnings for the six months ended June 30, 2007 on the morning of Wednesday, August 1, 2007. Following the earnings report, expected to be released prior to the commencement of trading in the United States, the company will conduct a teleconfe
The design challenges presented by the second generation of Volvo Open 70 are considerable not least for newcomers to the race, Marcelino Botin (pictured, above right) and Shaun Carkeek, who have been tasked with penning the lines of the PUMA Racing Team entry.