Contracting work to evacuate gas from RIL’s find in the KG basin is under way. Dutch dredging company Royal Boskalis Westminster and the Belgium-based Dredging International (DI) have floated a 50:50 joint venture to set up a trench for pipelines to an offshore gas field KG-6 in Bay of Bengal from R
As the yachts get bigger and more numerous, the Caribbean is running out of parking space. The answer to this invasion of the so-called megayachts? Megamarinas. From the Bahamas in the north to St. Lucia in the south, island governments and entrepreneurs in the Caribbean and western Atlantic are dev
The largest yacht in America—the 453-foot Rising Sun owned by Oracle CEO Larry Ellison—will soon be able to sail and dock in New England waters. Today, O’Neill Properties Group announced its plans for The Newport Club, 44.5 acres of picturesque waterfront property on Aquidneck Island, plus 100 acres
DNV sails away with 50 per cent market share of new shipbuilding contracts in Middle East & India. Det Norske Veritas (DNV) a leading international provider of services for managing risk has announced that it has won more than half of all new shipbuilding contracts for owners from within the Middle
Aker Yards has entered into a contract with DOF ASA for building of two AHTS vessels, and an option to build another two vessels. The value of the contract is approximately NOK 750 million per vessel. The vessels are Anchor Handling Supply Vessels, based on the Aker design AH 04. Delivery is schedul
EVER SUMMIT, the eighth in a series of ten 7024 TEU S-class vessels being built for Evergreen in Japan, was launched on 2 March at Mitsubishi Heavy Industries’ Kobe shipyard. She was named by Evergreen Group second Vice Group Chairman S S Lin while the ceremonial rope cutting, sending the ship down
Workers at the Ferguson shipyard at Port Glasgow are meeting amid fears of job losses. The GMB union said two thirds of the workers would be given redundancy notices threatening the survival of one of the last yards on the lower Clyde.
Imtech N.V. announces its acquisition of Seacoast Electronics Inc. USA . Seacoast Electronics is a full-service maritime contractor and service provider with a strong position in the US maritime market. The acquisition fits in with Imtech’s strategy for further growth in the global maritime market f
On Saturday 3 March 2007 Odense Steel Shipyard presented its latest newbuilding, an 11,000 TEU container vessel, for the A.P. Moller – Maersk Group. Mrs Berit Jensen, accompanied by her husband, Mr Erling Jensen, Managing Director, Dansk Supermarked A/S, honoured A.P. Moller – Maersk and the Yard by
Coastal Contracts Bhd, a shipyard specialising in building offshore support vessels for the oil and gas sector, sees bright prospects for its shipbuilding and repairing business, driven by growing demand amid a favourable global macroeconomic environment.
As the yachts get bigger and more numerous, the Caribbean is running out of parking space. The answer to this invasion of the so-called megayachts? Megamarinas. From the Bahamas in the north to St. Lucia in the south, island governments and entrepreneurs in the Caribbean and western Atlantic are dev
There is a “reasonable possibility” that Carnival Freedom, the biggest North American cruise liner operating in Europe, will start calling at Malta. The official naming of the 110,000-tonne vessel took place in Venice yesterday, presided over by “godmother” Kathy Ireland. Carnival Freedom will sail
China Shipping Development Co. Ltd. said on Monday it planned to build six oil tankers worth $307.56 million for delivery in 2009 and 2010 to help expand its ocean shipping business.
To further strengthen its offering, and becoming more transparent to the market, Aker Kvaerner says will optimise its operations by transforming its existing six business areas into five global business areas.
