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News

Daewoo Shipbuilding profit falls
News

Daewoo Shipbuilding profit falls

Daewoo Shipbuilding & Marine Engineering Co, the world

about 21 years ago
River cleanup clears the way
News

River cleanup clears the way

The U.S. Army Corps of Engineers soon will dig out the first bucket of slimy sludge from the Clinton River, and that’s welcome news for Capt. Paul Gallas, whose cruise ship has been suffering from pain in the propeller because of low spots in the waterway.

about 21 years ago
GE Shipping may hive off offshore business
News

GE Shipping may hive off offshore business

Great Eastern (GE) Shipping informed the Bombay Stock Exchange on Saturday that its board of directors will meet on August 31 to consider proposals of restructuring its business. Although no details were available, it is learnt that the board of directors of the country

about 21 years ago
Hudson dredging process outlined
News

Hudson dredging process outlined

A detailed plan for dredging PCBs from the Hudson River and the separating them from water and silt describes an around-the-clock operation beginning in the spring of 2007. Construction of the de-watering plant east of the village of Fort Edward is expected to start next summer.

about 21 years ago
Cruise ships step up sizes while boosting profits
News

Cruise ships step up sizes while boosting profits

Cruise lines have been battling for decades to outclass their competitors

about 21 years ago
Cruise Line Offers Free Cruises to Military Personnel
News

Cruise Line Offers Free Cruises to Military Personnel

Members of the military are being offered a chance to get away – for free. Discovery Cruise Line is offering military personnel who served in either Iraq or Afghanistan this year a free cruise to the Grand Bahama Island.

about 21 years ago
Port Plans Dredging Project
News

Port Plans Dredging Project

Silt has prevented some barges from being loaded. Officials at the Tulsa Port of Catoosa approved a $520,000 plan for emergency channel dredging Thursday. The board of directors voted unanimously in favor of the project, which port Director Bob Portiss said was necessary because a buildup of silt ha

about 21 years ago
Upgrade for movistar
News

Upgrade for movistar

With 80 days to go to the start of the Round the World Race 2005-2006, and after sailing over 18,000 miles as part of its training programme, team movistar continues work on developing its Volvo Open 70.

about 21 years ago
Complaint over navy shipbuilding contract upheld
News

Complaint over navy shipbuilding contract upheld

The ombudsman has upheld a complaint against the Defence Ministry over the way it handled its navy shipbuilding contract. The complaint was lodged by the local agent for the world’s biggest shipbuilder, Hyundai Heavy Industries.

about 21 years ago
Husky Energy – SeaRose FPSO Arrives at White Rose Oil Field
News

Husky Energy – SeaRose FPSO Arrives at White Rose Oil Field

Husky Energy announced today that the SeaRose FPSO (floating production, storage and offloading vessel) has arrived at the White Rose oil field, 350 kilometres east of St. John’s, Newfoundland, following a 48-hour journey from Marystown.

about 21 years ago
Petrobras capex plan seen positive on new projects
News

Petrobras capex plan seen positive on new projects

Shares of Brazil’s Petrobras rose on Monday after the fast-growing state-run oil company boosted its 2006-2010 investment plan by 64 percent. “About half of the spending increase came due to higher costs but the other part is new investment,” said Lucrecia Tam, an analyst with Deutsche Bank Securiti

about 21 years ago
Container Shipping Companies Seen Facing New Opportunities and Threats
News

Container Shipping Companies Seen Facing New Opportunities and Threats

Near-term profits in the market for container shipping services are at an all-time high, and the market is growing at 8 to 10 percent per year, but increased market growth and continued customer demand for greater reliability at lower total cost are putting considerable strain on existing industry i

about 21 years ago
NYK Reefers, Lauritzen refrigerated vessels shipping jv cleared by EU
News

NYK Reefers, Lauritzen refrigerated vessels shipping jv cleared by EU

The European Commission said it has cleared a refrigerated vessels joint venture between Japan’s NYK Reefers and Danish shipping group Lauritzen.

about 21 years ago
Ministry set to catalyse cruise shipping
News

Ministry set to catalyse cruise shipping

Government has set up a high power steering group for catalysing the growth and development of cruise shipping in India. Minister of shipping, road transport and highways TR Baalu told Rajya Sabha last week that setting up of the group is a step towards improving the position of cruise shipping.

about 21 years ago
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