BAE Systems has won a seven-year contract from the U.S. Navy to maintain Navy warships at Pearl Harbor. The company employs more than 300 people in Hawaii. The Naval Sea Systems Command contract is a multiship, multioption award. For the first year it’s worth $87 million. The Navy has an option to e
Qatar Navigation (QNNS), one of the leading shipping agents in the Middle East, is undertaking a massive $71.7mn (QR261mn) capital expenditure for building three container carrying vessels as part of efforts to strengthen its market share. At its board meeting held yesterday, QNNS approved the const
The departmental council of Morbihan (Brittany, France) has confirmed the option to build a second RoPax vessel (roll-on roll-off passenger ship) at Aker Yards, Lorient, a shipyard located in Lanester, Morbihan. It is a sister ship of the Bangor, delivered in June 2006.The 450 passenger ship will be
SMIT has the intention to sell its 50% interest in SmitWijs Towage to the other shareholder SvitzerWijsmuller. Both shareholders are of the opinion that these ocean towage activities will have a stronger position towards the future when under control of one party. The cyclical nature of ocean towage
Representatives of AMELS Repair & Refit Department will be exhibiting for the first time at the annual Marine Equipment Trade Show (METS) at Amsterdam RAI, 14-16 November 2006. The AMELS team will be ready to discuss you needs at their stand, located in the new SuperYacht Pavilion in the Europa Foye
A lighter vessel carrying huge quantity of imported wheat sank in the Chittagong Port channel last evening. Sources said the MV Shah Badar-1 loaded with 1,400 tonnes of wheat sank near jetty No. 15 while entering the port from the Red Buoy in the outer bar area of the port around 9:00pm. Another pas
The Dutch company involved in a toxic waste scandal in Ivory Coast has been linked to the resignation of a Jamaican minister, amid corruption allegations. Information Minister Colin Campbell resigned on Sunday after reports of a donation made to the ruling People’s National Party (PNP) by Trafigura.
Organisers of the 2006 Rolex Middle Sea Race are facing a ‘pleasant’ problem in their build-up for this year’s Mediterranean classic. The 74 boats registered so far – an all-time record – have left the Royal Malta Yacht Club (RMYC) with limited berthing space to accommodate all. RMYC Commodore Georg
The Toronto Port Authority today officially marked completion of its $15 million improved access program at the Toronto City Centre Airport (TCCA) with the opening of its two passenger transfer facilities and the commissioning of its new ferry. The $15 million program included: $4.5 million for repa
Keppel Offshore and Marine says it is not too worried about the recent sharp drop in oil prices. That is because its current bulging order book is sustainable for at least the next four years, and is still winning orders with another two contracts on Thursday worth a total $210m for offshore vessels
A shut-down of the Statoil-operated Snorre A platform in the North Sea has not been demanded by the authorities even though an exemption from Norway
A new light oil grade based on condensate and crude from the
Montana Holdings, Ltd., the developers of Rum Cay Resort Marina, along with architect, Bruce Lafleur and Associates Ltd., have recently revealed the master site plan for the 900-acre, multi-use residential resort and mega-yacht marina development. The US$700 million Bahamian resort will afford owner
Arive, an Indian employee who has been working at the Samsung Heavy Industries Geoje shipyard design team for almost five years, has high level Korean language skills. He is highly praised for his work capability and also has many Korean friends. Behind the Indian workers high Korean language and wo
