Daewoo Shipbuilding & Marine Engineering Co Ltd said it has signed a contract with the government of Oman to operate a ship repair yard. Under the contact, the company said it will provide consulting services on engineering, construction and equipment purchase for the planned facilities and upon com
In the words of J-class tactician, James Scott-Anderson
Mercator Lines, which is primarily into shipping of oil all across the globe, will be expanding its business horizon by foraying into the chemical transportation segment. The company, through its recently launched Singapore subsidiary, Mercator Lines Singapore, will be acquiring three chemical tanke
The Sri Lankan navy has said it has attacked 25 Tamil Tiger rebel boats off the eastern coast of the country, killing up to 70 separatists. The navy said it had sunk at least eight of the boats and two others were burning after the five-hour sea battle. Five Sri Lankan sailors were reportedly injure
Nearly 2,000 fishermen are still missing after a severe storm hit the Bay of Bengal on Tuesday, the authorities in Bangladesh say. Dozens of boats capsized in the storm and more than 500 fishing boats are still unaccounted for. Officials say 37 bodies have been recovered after a large-scale rescue e
Malaysia plans to be a destination for yachting and activities related to marine leisure, said Transport Minister Datuk Seri Chan Kong Choy. Chan attended the Monaco Yacht Show over the weekend to promote the Langkawi International Yacht Registry, which provided incentives and tax exemption to yacht
The NSW far south coast will this week see strengthened support for industries affected by the Commonwealth’s buyout of the south-east trawl fishery. Fisheries Minister Senator Eric Abetz, with Federal Member for Eden-Monaro, Gary Nairn, will unveil a package in Eden on Wednesday designed to compens
He was once the West’s public enemy number one. Libyan leader Colonel Muammar Gadaffi was one of the most controversial figures on the world stage during the 1970s, 80s and 90s. While making himself unpopular with the US and the UK, he liked nothing better than relaxing on the Mediterranean in his f
W
What began as a small group of South Florida superyacht businesses banding together for marketing at the St Maarten Boat Show, has now become the first US trade association dealing exclusively with the superyacht industry, the US Superyacht Association (
The super yacht industry has gone from strength to strength in recent years, and the Monaco Yacht Show has proved to be the natural home for their annual display to would be buyers. Spotted among possible buyers was British Royal Prince Michael of Kent. The world’s leading luxury yacht show in Monac
IBM and Dassault Syst
Statoil and Scottish and Southern Energy (SSE) will jointly seek consent to extend the Aldbrough Gas Storage facility in the UK. Statoil and SSE have acquired land adjacent to the existing Aldbrough site which is currently under development. Consent will be sought from the local authorities in the U
MHI to Establish Middle East Office in Dubai To Respond to Increasing Business Opportunities Spurred by Region’s Economic Growth. Mitsubishi Heavy Industries, Ltd. (MHI) will establish its Middle East Office in Dubai effective on October 1, 2006. The opening of the office is to respond to increasing
