The administration of Russia’s Maritime Territory (MT) and the Russian Railways public joint-stock company have worked out a programme for the development of transport infrastructure. The purpose of the programme is to promote an increase in the transportation of freight and passengers, Alexander Ar
Aker Yards ASA said it has won a 325 mln eur order from Color Line to build a sister vessel to MS Color Fantasy, the world’s largest cruise ship with a car deck, which was delivered last December. The contract is a confirmation of a letter of intent announced in March. At that time Aker […]
HOUSTON– JDR Cable Systems, the industry’s foremost subsea flying lead specialist, in partnership with Subsea 7, has developed and introduced the first hydraulic flying lead that offers the flexibility of a thermoplastic umbilical with the leak-tight reliability of a steel tube umbilical.
The annual dredging of the navigation channel at the mouth of the Columbia River will begin shortly after midnight on Wednesday, the U.S. Army Corps of Engineers has announced. The Corps dredges the channel every year to provide safe transit across the Columbia River bar for large and small vessels.
The Ministry of Planning and Investment has granted a licence to Denmark’s MAERSK A/S group for establishing a wholly-foreign owned agent providing marine shipping services in Viet Nam.
A unit of Singapore’s Keppel Corp said Monday it has secured a contract worth S$780 million (US$473 million) to build two oil rigs for Danish shipping group A.P. Moeller-Maersk. Keppel FELS Ltd, a subsidiary of Keppel Offshore and Marine, said it would build the semi-submersible platforms, while Mol
The long-awaited, multi-billion dollar oil and gas deal between Australia and East Timor will soon be presented to cabinet for a final tick of approval. Foreign Minister Alexander Downer said all major elements of the deal had been agreed by both countries, but some last minute fine tuning was neede
Port cities across the nation today will observe Ocean Day to promote the vast bodies of water that help improve the quality of human life. The 10th Ocean Day anniversary this year aims to raise awareness of the indispensable role of oceans in issues related to energy, food and the environment, the
ABG Shipyard Limited (ABG), on Monday announced that the company has concluded a Rs1.4bn private equity financing round with Standard Chartered Private Equity (SCPE), Leverage India Fund, a fund managed by IL&FS Investment Managers and Merlion India Fund, a Fund managed by SCPE. IL&FS acted as Finan
China refused to stop drilling for gas and oil in an area in the East China Sea claimed by Japan and China, instead proposing the countries cooperate on a joint- exploration project, the Japanese Embassy in Beijing said.
HANJIN Shipping Company, Senator Lines and United Arab Shipping will upgrade their Europe-Middle East-Asia service jointly with Mitsui OSK Lines from August-end.
The Department of Homeland Security’s effort to extend its anti-terrorism campaign overseas by enlisting help from importers and foreign ports has been so flawed that the program may have made it easier at times to smuggle unconventional weapons into the United States, congressional officials say.
IT was a disappointing day at the office for double Olympic gold medallist Shirley Robertson on her first outing at the Bell Lawrie Scottish Series. Injecting a bit of glamour into what is billed as Scotland
Korean shipbuilders have gained worldwide attention for their technological prowess and role in setting new business trends. They now dominate about 40 percent of the global market, with their shipyards full for the next few years due to growing orders. With the world economy turning up, ship owners
