Babcock International shares leapt yesterday as it emerged that a joint takeover bid from BAE Systems and VT Group, which could value the group at up to
Mystery surrounded the fate of two people on Thursday who went missing and are now feared dead after an ocean-going ferry sank when it strayed onto the rocks on Canada’s Pacific coast.
It looked like a big hunk of steel. But the 25-30-tonne slice of ship moving around Tenix’s Whangarei shipyard marked a significant day in the city’s proud shipbuilding history as the keel for the first of four new navy ships.
Yesterday’s announcement from BAE Systems and VT Group that they have held talks about a potential joint bid for Babcock International suggests that the UK is on the way to getting a single source for its surface ship and submarine requirements.
Mitsubishi Heavy Industries, Ltd. (MHI) and Shenyang Pump Co., Ltd. (SPC) have agreed to establish a joint venture company (JV) in Shenyang, Liaoning Province, China to conduct sales and engineering relating to pumps.
Acergy Northern Europe and Canada Survey Business Unit has purchased two KONGSBERG HAIN subsea systems. The systems are due for delivery in late March for initial use on a key project for a major oil company in Norway.
Researchers are trying to revive the coastal search for the 16th century vessel that carried some of the earliest Spanish setters to Georgetown County. A state archaeologist said officials hope to hire a geologist to pinpoint the exact location of the 1526 North Island shoreline.
ENSENADA, Baja California – After 75 days sitting in sand, APL Panama is finally where she should be – afloat in ocean waters.
Crusty has managed to rule himself out of the Rio de Janeiro In Port racing on Saturday after tearing two ligaments in his knee. The 35 year-old Kiwi was competing in the Round the Bays race in Auckland during a vacation at home when he suffered the knee injury.
The carnival in Rio de Janeiro might be over, but tacticians for Saturday
Accepted theory is that the current race leader, ABN AMRO ONE, parks up in the gentle breezes. And with Saturday
Some 127 people were feared drowned after a boat carrying 150 passengers sank off the port of Kribi on Cameroon’s Atlantic coast, state radio said on Thursday.
Hai Phong (VNA) – The Bach Dang Shipyard, a subsidiary of the Viet Nam Shipbuilding Industry Corporation (Vinashin), delivered a 610-TEU container ship to the Bien Dong Transport Company on March 23.
In 2005, Royal BAM Group realised a net result of
