At 16:20, the Race Committee postponed racing for the day at the 32nd America’s Cup, after the fleet was held at sea on a cold, wet spring day. When the 12 Cup teams left Port America’s Cup for racing, they were faced with a cold, light Northerly breeze and a heavy swell. Rain squalls soon […
On the 4th of April Codralux S.A., member of the Jan De Nul Group, signed a contract for the construction of a 6000 ton Side Stone Dumping Vessel. This contract follows less than a month after the signing of a contract for the construction of two large selfpropelled cutter suction dredgers (see the
Officials in the central province of Quang Ngai have launched a push to develop the region’s under-performing fisheries sector. With 130km of coastline and six seaports, leaders believe current production equivalent to about 8 per cent of provincial gross domestic product isn’t living up to its pote
Samsung Heavy Industries, the world’s second-largest shipyard, will start Wednesday to build the world’s biggest liquefied natural gas carrier for an Exxon Mobil project in Qatar.
SINGAPORE’S oil and gas services firm KS Energy Services yesterday said it had formed a joint venture to build its first offshore oil drilling rig at a Middle East shipyard in a deal worth US$148 million.
Hitachi Zosen joins the family of licensees of Wärtsilä Corporation to manufacture Wärtsilä RT-flex electronically-controlled common-rail marine engines. Hitachi Zosen was awarded a contract in March 2007 by Wärtsilä Corporation to build four six-cylinder Wärtsilä RT-flex50-B engines for ships to be
On March 30th 2007, the Damen Container Feeder ‘Jork Reliance’ was handed over to her Owners, a single ship KG under management of Reederei Becker from Jork, Germany. For Reederei Becker she is the fifth and last vessel out of a series of five and she is the twelfth vessel out of this successful Dam
The Navy and its shipbuilders have repeatedly underestimated the cost of major shipbuilding programs, sticking taxpayers with the bill when a ship’s final price runs higher than advertised, the service’s top civilian complained Tuesday.
The European Union has told China that it will face a growing threat of trade penalties unless it curbs its capacity expansion in steel and shipbuilding, EU diplomats said on Tuesday. The diplomats, who declined to be identified, said EU Industry Commissioner Guenter Verheugen had delivered the warn
On March 31, 2007, the Municipal Government of Fujian Province and COSCO Group signed a strategic partnership framework agreement in Fuzhou, Fujian Province. Mr. Huang Xiaojing, Governor of Fujian Province and Capt. Wei Jiafu, President and CEO of COSCO Group signed the agreement on behalf of each p
Northrop Grumman Corp., the world’s largest warship builder, reached a tentative agreement with workers at its Pascagoula, Miss., shipyard to end a 27-day strike.
Nakilat, a Qatari company, has signed an agreement with Keppel Offshore and Marine Limited of Singapore to jointly develop a $450 million shipyard in the Gulf state, a statement from Keppel has said.
It was another difficult day to be racing on the waters off Valencia. The wind was strong, but still very shifty, and no lead was safe until the finish line had been crossed. But in these very difficult conditions, it was the Defender of the America’s Cup, Alinghi, who excelled, earning two race vic
After Years of False Starts, Smooth Seas Ahead for Latest Purpose-Built Sportfisher They say good things come to those who wait. If the length of the delay is any indication of the reward, the passengers of the all-new sportfisher Intrepid are in for more than your average boat ride.
