Odense Steel Shipyard Ltd. (Odense Staalskibsværft A/S) today announces the sale of Balti ES Ltd., a manufacturer of metal components based in Narva, Estonia, to Cargotec Corporation, Finland. The final company transfer is expected to take place within 1-2 months.
The go-ahead has been given to plans for a £1.5bn superport in Essex. The London Gateway container port and business park will be built on the former Shell oil refinery site at Shell Haven in the Thames Estuary, Thurrock.
SHIPPING channels in the middle and lower reaches of the Yangtze River are to be dredged as the water falls to its lowest level in 20 years. Authorities have withdrawn a large silt dredger from a north China offshore construction site to dredge channels at Heishazhou (Blacksand Shoal), 40 kilometers
Magne Morken, Managing Director of the Norwegian shipping company Solvang ASA, pushed the button of the computer-controlled plasma torch for the steel construction of the fourth gas tanker out of a series of four. Cutting of the first steel plate marks the start of the production process of the new
Gulfport, Mississippi – May 15th, 2007 – Trinity announced recently, they are well under-construction with a 164ft. (49.9 m), 28ft. (8.5m) beam, aluminum tri-deck motoryacht to be named MINE GAMES. Designed and built by Trinity Yachts, she will have an interior design by Patrick Knowles, who is desi
Statoil’s registration statement on Form F-4, which includes the prospectus relating to the planned merger of Norsk Hydro’s petroleum business with Statoil, was declared effective by the US Securities and Exchange Commission (SEC) on Friday 25 May at 17.00 EST (23.00 CET).
A plan to build a US$300-million container terminal at the Strait of Canso will be unveiled today in Guysborough. Melford International Terminal Inc. is betting on marine industry forecasts that the East Coast will be inundated with container cargo from the Indian subcontinent and China by 2012.
An agreement has been reached on a £40m scheme to develop the outer harbour at Great Yarmouth in Norfolk. Construction will start on the Eastport project after a deal was agreed between Great Yarmouth Port Authority and International Port Holdings.
Dubai Drydocks World LLC (DD World), the recently-launched maritime holding company, and a member of Dubai World, on Monday (May 28) announced its first major overseas acquisition by making a voluntary conditional cash offer for Pan-United Marine Limited (PUM) of Singapore. PUM is a major shipyard w
From the Barrow shore, the ice appears to stretch forever. With feet planted in soft, squelching Arctic mud, you strain to make sense of the jumbled ridges and crags of ice which serrate the white terrain.
Just a few kilometers offshore in the sunny waters of the Arabian Gulf, the giant dredging combine Van Oord NV works on the largest project ever undertaken by a single marine contractor: building “The World.” This massive job, a multi-billion dollar land reclamation effort, will create a 60-squareki
NEW uses for a 35-acre site in Tivoli will be considered by the Port of Cork once it finalises arrangements for a new €165 million container terminal in Ringaskiddy. A planning application for the new container terminal in Ringaskiddy, which will be among the largest in Ireland, are being finalised
Snøhvit is the first field on the Norwegian continental shelf (NCS) that can be remotely operated from land. The subsea development has been completed within budget at just under NOK 8 billion, and without harmful discharges to the sea.
A Shanghai shipbuilding company made a breakthrough in domestic shipbuilding industry by building the country’s biggest container ship yesterday.
