Major deals has been recorded this year at Dubai International Boat Show, with contracts signed for everything from super-yachts through to dinghies, in addition to high sales for equipment and marine supplies.
Miami Beach – Growing demand for mega-cruiseships is causing increasing headaches for port authorities in major tourist destinations struggling to cope with the ever-larger vessels. For one, there’s the cost of adapting ports to accommodate the floating giants, according to industry experts who gath
The Perini Navi 38 metre sloop is the first of a new breed of Perini Navi yachts with a clear inclination toward sportsmanlike performance. Performance achieved in comfort, safety and bearing the hallmarks of the core Perini Navi philosophy.
Pino Meroni Yacht Interiors, one of the world’s leading luxury yacht interior contracting company, today announced that its business has grown by an impressive 45 percent year on year.
Ship Finance International Limited (NYSE:SFL) (“Ship Finance” or the “Company”), today announced that it is has agreed to sell the single-hull VLCC Front Vanadis to a subsidiary of Taiwan Maritime Transportation Co., Ltd. (“TMT” or the “Buyer”), an unrelated third party. The sale will be in the form
BAE Systems and VT Group have provisionally agreed the ownership structure of their shipbuilding joint venture and are believed to have asked Sir John Parker, the chairman of National Grid Transco, to head the new company.
Korean shipbuilders are continuing brisk business this year despite analysts’ earlier predictions that the global shipbuilding market would suffer cuts in demand. Unlike the gloomy outlook in the industry, domestic shipbuilding companies are enjoying steady sales as international shipping firms have
Aker Kvaerner and IBM (NYSE:IBM) have established an alliance for Condition Based Maintenance of oil and gas plants in Norway. Condition based maintenance reduces plant downtime for ongoing maintenance to the minimum by means of a heightened monitoring system.
A.A. Turki Corporation (ATCO) has recently taken delivery of a new pilot boat named ‘PILOT-13’ from Damen Shipyards Gorinchem. The pilot boat is of the new Damen Stan Tender 1504 design.
Royal Boskalis Westminster nv achieved a net profit of € 116.6 million in 2006, which is 86% more than in 2005. Last year was closed with a 17% higher record turnover of € 1,354 million. Boskalis continued its selective contracting policy and benefited from market growth in the more traditional mark
British and Dutch submarines have been cleared by French court officials of any involvement in the sinking of a French trawler off the Cornish coast. The Bugaled Breizh sank off the Lizard in January 2004. Its five crew died.
Cargotec’s MacGREGOR business area providing marine cargo handling solutions has signed an agreement to acquire Hydramarine AS. Hydramarine is based in Norway and is the leading company in high-end area of offshore and sub sea load handling systems for the offshore vessel industry. Cargotec will acq
To reply to the booming and ever increasing demand for dredging services worldwide, Jan De Nul Group has secured the purchase and early delivery of two mega backhoe dredges at the De Donge Shipyard, the Netherlands.
On Wednesday 28/02 Jan De Nul has started the excavation works of the Cove Canal project in Dubai. Following a 3 month tender period in which 4 parties participated, this project was finally awarded by client Nakheel to Jan De Nul on 14/02/07 for a total amount of 70 million Euro.
