Aker Kvaerner’s focus on technology has been duly recognised by the 2007 Offshore Technology Conference (OTC). Aker Kvaerner’s PowerTrac® Cone Crusher(TM) and Aker Kvaerner’s SeaBooster(TM) technologies have both won 2007 OTC Spotlight on New Technology Awards.
Volvo Ocean Race has moved forward with its plans to bring the 2008-09 event to India and it now looks likely that the major southwestern port of Kochi will be the stopover on the new race route through the Middle East and Asia.
China State Shipbuilding Corp., the nation’s top ship maker by capacity, plans to more than double sales to RMB 100 billion by 2010 from RMB 40 billion last year. The company, which aims to be the world’s largest shipbuilder before 2015, said sales growth in the next two to three years will be drive
Daewoo Shipbuilding Marine and Engineering Co., the world’s third-largest shipbuilder, said Thursday that it swung to the black in the first quarter of the year on increased orders for high-priced vessels.
House Democrats appear increasingly likely to endorse a major boost to the Navy’s 2008 shipbuilding budget, even as they and their Senate counterparts also advance legislation to cut off funding for the war in Iraq and bring American troops home.
Thousands of young salmon are to be released into the River Taff in an attempt to reinstate the fish back into the south Wales valleys. Salmon were almost wiped out in the area because of industrial pollution.
A pecking order is beginning to be established after seven flights of racing at the Louis Vuitton Cup, with the best teams establishing themselves at the top of the leaderboard.
Pirates attacked 41 vessels in the first three months of 2007, down sharply from the same period a year earlier, a global watchdog has said. The International Maritime Bureau said the number of attacks between January and March was the lowest since 1998.
The Disney Cruise Line signed a contract Monday with a German shipyard to build two new ships during ceremonies at its Celebration headquarters. Plans to build the ships were announced in February. The two unnamed 124,000-ton ships are scheduled to launch in 2011 and 2012.
For the Gunfleet Sands project, the Siemens Power Generation Group (PG) will build a wind farm off the east coast of England, supplying 30 wind power systems with a combined capacity of 108 megawatts (MW).
The marine and offshore industry is expected to keep growing at a strong pace this year after scoring a record output last year, according to the latest review by the Economic Development Board (EDB). It expects to see growth of some 30 percent in 2007.
A Wednesday morning fire damaged a first-in-its-class Navy warship under construction at Marinette Marine Corp. Marinette Fire Lt. Bill Becker said the fire started about 5:30 a.m. in a berthing area where workers were using welding and grinding equipment. It took about an hour to extinguish.
Desafío Español won both its races on Thursday to climb higher up the leaderboard, while BMW ORACLE Racing remains undefeated at the Louis Vuitton Cup. Near the top of the table, Italy’s Luna Rossa Challenge beat Emirates Team New Zealand to remain in the top three on the points table.
Hyundai Heavy Industries Co., the world’s largest shipbuilder, said Wednesday that its new combined orders fell 14.19 percent on-year in March.