Hyundai Heavy Industries shipyard in Ulsan. Hyundai Heavy Industries, the world’s biggest shipbuilder, has reported a dramatic swing from loss to profit in the first quarter to March on the back of brisk sales. South Korea’s Hyundai Heavy Industries, the world’s biggest shipbuilder, has reported a d
Halul Offshore Services (HOSC) will buy four new safety standby vessels at a cost of about $16mn (over QR58mn) and yesterday signed a contract with a Singaporean shipbuilder Pacific Ocean Engineering (POE). The contract for the vessels, expected to be built in 16 months at the POE
According to a report by London-based shipbroker E.A. Gibson, shipowners may have to spend as much as $7.5 billion on new oil tankers to replace vessels that will be phased out by 2010. It estimates that to fill the shortfall and in addition to those newbuildings already ordered, at least 80 oil tan
The SS France, once the epitome of Gallic glamour, is nearing her end, hauled behind a tugboat to the breaker’s yard. But Greenpeace is not allowing her to go quietly Somewhere in the Indian Ocean, a vast ship is slowly heading west. It is not travelling under its own power – its engines have long [
Christening ships is a long and storied tradition that goes back at least 4,000 years, to when the Vikings offered up human sacrifices to appease the Gods and bring good luck. Today’s christening ceremonies are a lot more rarefied. Usually some famous actress or personality breaks a bottle of Champa
The Somalian Business Association in Dubai has decided to deploy its own armed security to protect the crew of cargo vessels sent from the UAE to different ports in Somalia. The decision came in the light of the recent hijacking of two cargo vessels Lin 1 and MV Al Taj flying UAE flags by Somalian [
L&T bags a Rs 440-crore order for building four ships from Zadeko Ship Management CV of the Netherlands even before the company has a full-fledged shipbuilding yard in place. ABG Shipyard Ltd bags a repeat order for the construction of six anchor handling tugs for a total of Rs 270 crore from Sea Ta
The second Moonen sold by De Valk in recent months is the Moonen 89 My Issue. Nominated for a Super Yacht Society Award in 2002, this lovely vessel was created for owners who required Moonen quality with extra speed. At 50% load, she easily attains 25 knots, with an 18 knots cruising speed at 85% [&
The German-Danish shipping company Scandlines AG increased its cargo business once again in the first three months of this year. By the end of March 2006, more than 242,000 trucks and trailers had been transported on the company
Four cold, wet, and tiring days into leg seven, and the fleet have covered not much more than 1,000 miles, mostly to weather. With light winds expected, and continued upwind conditions, the strategy debate between a northerly route and a more easterly course is likely as lively as ever in the nav st
The Sultanate of Oman and Austal today signed a contract for two 65 metre, 50 knot, multi-purpose passenger-vehicle catamaran ferries following a competitive international tender process. The identical aluminium vessels, scheduled for delivery in 2007 and early 2008, have the capacity to carry 203 p
Cargotec
L&T bags a Rs 440-crore order for building four ships from Zadeko Ship Management CV of the Netherlands even before the company has a full-fledged shipbuilding yard in place. ABG Shipyard Ltd bags a repeat order for the construction of six anchor handling tugs for a total of Rs 270 crore from Sea Ta
In one of his routine interviews, Volvo Ocean Race Radio reporter Guy Swindells asked the usual question
