A failure to consolidate Britain’s ship and submarine building sectors is holding up orders manufacturers want from the government and may also delay final delivery of the navy’s planned aircraft carriers, a powerful commons committee warned. The Defence select committee said the delay on the final
The partners in the Snøhvit organisation have decided to drill an appraisal well to map the resources in the Barents Sea field’s structure more closely. The appraisal well will provide further data on Snøhvit’s recoverable oil reserves and better map gas reserves in the western part of the field’s s
Monaco – The new 70 WallyPower 2007 is a further development of the successful motor yacht model introduced in 2005 with the Lunch Boat. The first unit of the 70 WallyPower 2007 is under construction at WallyEurope facility in Fano, Italy and will be delivered in September 2007.
A boat owner has been found guilty of manslaughter following the death of a Hungarian employee, who died in a blaze while melting lead onboard a vessel. Krisztian Takacs, 26, was carrying out work in Southampton’s Smith Quay when the accident occurred in August 2006.
In the past week the last Micro tunnelling pile was placed, which completed the western wall of the CS subway station in Amsterdam. It marked another milestone in the North South line project, under construction by Van Oord Nederland and Strukton Betonbouw.
A South Korean cargo ship with 11 international crew members on board disappeared in the sea off the Japanese coast Wednesday amid bad weather conditions, the Korea Coast Guard said.
Samsung Heavy Industries Co., the world’s second-largest shipbuilder, said Wednesday that it has received a US$400 million order to build a floating production storage and off-loading ship for an unidentified shipping company in Norway.
A north Devon shipyard has won a new contract, securing 200 jobs for at least two years. A multi-million pound steel superyacht will be made at Appledore before being sailed to Devonport for completion.
Cargotec has made an agreement to acquire Indital Construction Machinery Ltd. (Indital) a company based in Bangalore, India. The acquisition creates manufacturing presence in India for Cargotec and supports the growing sales activities of all three of Cargotec’s business areas. Indital has its manuf
Vietnam’s two leading maritime giants have clinched a memorandum of understanding to develop the national ship fleet at total cost of US$2.3 billion by 2015. Under the deal signed last week between Vietnam Shipping Lines (Vinalines) and Vietnam Shipbuilding Industry Group (Vinashin), Vinalines order
HMS Dauntless, the Royal Navy’s newest Type 45 destroyer, has been launched at BAE Systems’ shipyard in Govan on the Clyde, as part of a ?£6 billion defence investment programme by the MoD. HMS Dauntless is the second of the new Type 45 class of anti-air warfare destroyers to be launched by BAE in t
Whites International Yachts (Mallorca) is pleased to announce that the Association of Brokers and Yacht Agents (ABYA) Committee has recommended our election as a Full Broker Member and that the Yacht Brokers, Designers & Surveyors Association (YBDSA) Council has been notified of this.
Knightsbridge Tankers Limited (the “Company”) reports net income of $9.2 million and earnings per share of $0.53 for the fourth quarter of 2006. The average daily time charter equivalents (“TCEs”) earned by the Company’s five VLCCs was $41,700 compared with $52,900 in the preceding quarter. The decr
This year’s Dubai International Boat Show (DIBS), the most important marine event in the region, looks set to feature some of the world’s best yachts. Superyachts more than 25 metres long and offering luxurious facilities including state-size dining rooms, gyms and spa-baths will be among vessels ai
