Another important milestone in the development of Austal USA was achieved on January 18 with the successful launch of Hull 615, a 107 metre high speed vehicle-passenger catamaran for Hawaii Superferry. The impressive launch process was watched by a large local crowd given Austal USA’s location oppos
Sales of Statoil’s E85 biofuel grew by 270% in Sweden last year compared with 2005, and this product is due to be available at 260 Swedish service stations by the end of 2007. “Our commitment to renewable motor fuels is long term and an increasingly important part of our product portfolio,” says Hel
Fugro has completed the acquisition of Aperio Limited, United Kingdom. Aperio has 35 employees and an annual turnover of EUR 3 million. Fugro has also acquired GECO Umwelttechnik GmbH in Austria. GECO employs 15 people and has an annual turnover of around EUR 1 million. The purchase price for these
Twenty-six crew have been rescued from a damaged British container ship in the English Channel 50 miles (80km) off the Lizard in Cornwall. The crew of the MSC Napoli abandoned ship after it got into difficulties. There are no reports of any injuries.
Gales and heavy rain in the South East have halted ferry sailings and Eurostar and caused road and rail havoc. Winds of up to 70mph have forced the closure of the Kent port of Dover and Newhaven port in East Sussex.
Ship Finance International Limited (NYSE:SFL) (“Ship Finance” or the “Company”), today announced that it is has agreed to sell five vessels to Frontline Ltd (“Frontline” or the “Buyer”) in connection with Frontline’s proposed spin-off of Sealift Ltd., a dedicated heavy-lift company.
Wärtsilä is supplying air/oil lubricated sterntube seals and bearings to Chinese shipyard Shanghai Waigaoqiao Shipbuilding (SWS) for a series of new tankers under construction by SWS for Singapore-based Ocean Tankers. A complete Wärtsilä package of JMT Airguard seals, sterntube bearings, and shaftli
Korea’s shipbuilding industry is still the envy of the world, outpacing its foreign rivals in technology, skill and orders. But now, in a quest for cheaper land and labor, some Korean shipbuilders are moving their operations overseas.
Victoria Shipyards will soon negotiate a $1.45-billion contract with the federal government to maintain the navy’s four submarines. “We’re ecstatic,” said Malcolm Barker, vice-president of Victoria Shipyards.
Norwegian-owned Seadrill Ltd. said Wednesday it won a US$580 million (ğ446 million), three-year contract for an offshore drilling rig to be used off China by a subsidiary of Husky Energy Inc.
ABG Shipyard (BSE:532682), the largest private sector shipyard in the country, has bagged a Rs 10.3 billion (US$229 million) order from Singapore-based Pacific First Shipping Pte for supply of 12 vessels.
RasGas recently named its 11th LNG vessel Ejnan at a shipyard in South Korea’s Goje Island. Ejnan, named after an island off Qatar’s west coast, has an cargo capacity of 145,000cu m. It was built by Samsung Hyundai Industries (SHI) at the Goje Island shipyard. Besides being the 11th LNG vessel to en
The first luxury yacht has arrived at Port Louis Grenada. The 128 ft mega yacht called Savvy is owned by Port Louis developer and Chairman Peter De Savary. Savvy arrived in Grenada late last week and is the first yacht to be berthed at the new Port Louis site.
Anchorage, Alaska – The U.S. Coast Guard is towing a fire-damaged fish processing ship damaged by fire toward Dutch Harbor. The 142 people aboard the Seattle-based Stellar Sea are in good conditions with no injuries. Last night, about 90 miles north of Dutch Harbor, the ship caught fire and was left
