Dubai World has announced the establishment of Dubai Drydocks World (DD World) to consolidate the dry docks and maritime sector of the organisation. Dubai World is the holding company that manages and supervises the Dubai Government’s portfolio of businesses and projects – including the internationa
Island Global Yachting (IGY), the premier worldwide developer of luxury marinas, celebrated another year of achievement by attending the inaugural Kuwait Boat Show International 2007.
The Superyacht Cup incorporating the Millennium Cup is lining up some great entertainment for each night after the sailing. While the racing for up to 60 superyachts in the Bay of Palma will be the highlight for the yacht owners and crews, there is no doubt that the parties on the dock will keep eve
On the 6th of April 2007, the fiftieth Combi Freighter 3850 of Damen Shipyards Bergum was christened in Harlingen. On a beautiful day with a lot of sunshine and a tight blue sky the ship was christened by Mrs. Verkaart. She baptised the ship on behalf of Unisea Shipping B.V. A number of fifty ships
Raytheon Company (NYSE: RTN) has finalized a $184 million U.S. Navy contract for radar equipment for the Royal Australian Navy’s Air Warfare Destroyer (AWD) and the Spanish Navy’s F-105 Frigate.
Yantai Raffles Shipyard Limited (“YRS” or the “Group”) announces today that it has received a contract from Saipem (43% owned by Eni), for the design and construction of an Iced Strengthened Pipe Lay Vessel of DP3 class. The 290 m long vessel, with a molded breadth of 39 m, will be built under the A
Eitzen Chemical ASA (The Company) announced today that it has signed an agreement with Jinse Shipbuilding Co., Ltd. in Korea for two coated 13,000 dwt chemical carriers for USD 23.6 mill. per vessel. The vessels will be delivered in 2008. Furthermore, the Company has an option for two additional uni
Aker Kvaerner will officially open its new North Sam Houston Parkway facility in Houston this Wednesday, 25 April. The new purpose built facility will include operational support of three main activities; drilling equipment, well intervention technology and subsea systems. It will be the primary cen
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiaries, has secured contracts for FPSO conversion and shipbuilding projects amounting to S$160 million. Keppel Shipyard Pte Ltd (Keppel Shipyard) has been awarded contracts for the conversion of two Floating Production Storage and Offloadi
Disney Cruise Line announced Monday that it has finalized a contract to build two new cruise ships with German shipbuilder Meyer Werft shipyard. Specific financial terms were not disclosed.
Qatar Navigation and Finland’s Cargotec subsidiary MacGregor, a global player in the maritime transportation industry, have set up a joint venture company with an initial capital of QR1.2mn. The Qatari company will hold 51% stake in the new joint venture, which aims to garner substantial market shar
The newbuildings having the yard (Meyer Werft) numbers S. 687 and S. 688 and will have a tonnage of 124,000 GT. They are scheduled for delivery in 2011 and 2012. Each ship will have a length overall of 339,8 m, a breadth of 37,0 m, and a cabin capacity of 1,250.
China Merchants Energy Shipping Co. has signed an agreement with China Shipbuilding & Offshore International Co. and Dalian Shipbuilding Industry Co. to purchase US$343 million of oil tankers in Shekou of Shenzhen Monday.
The seabed of the Trondheim Fjord in Norway will be used as a temporary storage place when the Tyrihans project and contractor Subsea 7 test out a new method for installing subsea templates.