Sealegs International [ NZX : SLG ] has appointed Kunjang Shipbuilding Company to act as its distributor in South Korea. An initial order of five Sealegs amphibious boats has been placed by Kunjang Shipbuilding representing over NZ$400,000 of revenue. The president of Kunjang Shipbuilding President
HE was the whistleblower who exposed how top executives at IT giant Hewlett-Packard (HP) were snooping on its board members using unethical methods. Mr Tom Perkins resigned from HP’s board in May in protest over how the company had hired private investigators that used questionable tactics to obtain
During its current (55th) session, the Marine Environment Protection Committee (MEPC) of the International Maritime Organisation (IMO) is expected to approve a proposed draft action plan to tackle the alleged inadequacy of port reception facilities – seen as a major hurdle to overcome in order to ac
Miami-Dade County commissioners are scheduled to vote Tuesday on a dredging permit to build a mega-yacht facility on Watson Island. Island Gardens is hailed as the missing jewel in a waterfront community, a new place to spoil the locals and, it’s hoped, wealthy visitors. When Miami commissioners let
Feretti Group production value increased to 770.4 million euros, a gain of 18.0% compared with the 652.9 million euros reported a year earlier; EBITDA grew to 118.4 million euros, or 37.7% more than in the previous year; net profit rose to 25.3 million euros (a gain of 118.8% compared with the 2005
Russian energy group Gazprom has today stated in a press release that they will develop the Shtokman field without foreign partners. The Shtokman gas will instead be piped to European markets. Yesterdays announcement by Gazprom was not expected.
As part of Defence Industrial Strategy (DIS) which was announced in December 2005, a Surface Ship Support Alliance (SSSA) is being developed to provide sustainable contracting arrangements for surface ship support. The Defence Logics Organisation (DLO) has announced the award of contracts for the fi
Keppel Kazakhstan LLP (Keppel Kazakhstan), a unit of Keppel Corporation Limited through Keppel Offshore & Marine Ltd (Keppel O&M), has launched transportation barge AKKU1, built for Agip Kazakhstan North Caspian Operating Company N.V. (Agip KCO). The launch marks a significant milestone as AKKU1 is
Production value increased to 770.4 million euros, a gain of 18.0% compared with the 652.9 million euros reported a year earlier; EBITDA grew to 118.4 million euros, or 37.7% more than in the previous year; net profit rose to 25.3 million euros (a gain of 118.8% compared with the 2005 fiscal year);
Dubai: ART Marine, a leading marine hospitality company in the Middle East, has announced the arrival of the Azimut yachts range flagship. The Azimut 116 arrived last week in Dubai, together with four other Azimut yachts: the Azimut 39, the Azimut 46 and two Azimut 68 Evolution, all sold for deliver
Dockside gossip has always criticised the Mirabella V: for having a mainsail that has to be lowered to clear the backstay and rehoisted, whenever she tacks; for always sailing with a reefed main; for having headsails that need to be furled whilst tacking. The word in the C
The body of 46-year-old Panvel sailor, William Thomas was found by the Japanese coast guard on Saturday, a day after the bulk carrier he was working on ran aground and broke apart in stormy weather outside Kashima port, 100 km from Tokyo. Family of Thomas was informed of his death late on Saturday n
Pacific countries are being warned about a suspected pirate fishing boat that has fled Kiribati authorities and run to the high seas. Greenpeace is calling for all Pacific Island countries to keep an eye out for, and to investigate on sight, the Dongwon 117, which is Korean owned . The fishing boat
Eleven people went missing after a Panama-registered ship with 26 on board hit the rock Friday while sailing in the Pacific off eastern Japan, Jiji Press reported. One of the two people rescued was still unconscious, and the cargo ship was also damaged, according to Ibaraki marine guard, who found t
