AWARDING the $6 billion navy destroyer project to Adelaide would risk the future of the naval shipbuilding industry in Australia for decades to come, a report commissioned by the Victorian Government has found. Victorian Premier Steve Bracks said yesterday the contract should go to Victoria’s Willia
VT Group PLC, the government support services and shipbuilding group, reported higher full year profits and said the outlook for both its businesses is good, and it looked forward to ‘another promising year’. VT reported year to March pretax profit before exceptionals rose to 52.0 mln stg from 46.2
Ellen MacArthur has been named ‘Alternative Sportsperson of the Year’ at this year’s Laureus Sports Awards. The Laureus Sports Academy was established in 2000 and is committed to promoting and celebrating all that is positive in sport and those who have excelled within their field. It is the only wo
This year’s North Sea Week, Germany’s only offshore-regatta at the island of Helgoland, attracted 140 competing yachts. Many others came to watch the traditional sailing event on Pentecost. A fleet of 31 yachts was waved good-bye for the long-distance race to Edinburgh. First participants are expect
MALAYSIA International Shipping Corp Bhd (MISC), with the help of high shipping rates and a huge gain from the sale of ships, yesterday announced the largest full-year net profit by a company listed on Bursa Malaysia.
Lobster fishermen on the south and west Wales coasts are to be paid to put female lobsters back in the sea. The aim is to save up to 24,000 female lobsters over the next three years to help boost the species’ population. Instead of ending up in the pot, the creatures will be clipped and […]
Expanding the use of the world’s first clean electrical power program for container ships at dock, the Port of Los Angeles is beginning construction on a direct wharf plug-in system at Berths 212-216. Considered the “next generation” of the Alternative Maritime Power (AMP) program, ships calling at
Watching the superferry Walla Walla glide across Puget Sound never failed to remind Philip Spaulding of his life’s work as a naval architect. The 440-foot, double-ended Walla Walla and its Jumbo-class sister ship Spokane were his designs. And from most windows of his three-story, Colonial-style home
A P Moller Singapore Pvt Ltd has signed a ten- year Memorandum of Understanding with the city-based Academy of Maritime Education and Training (AMET), seeking to provide free maritime education to nearly 400 students from the country through a ”Dual Cadet Education Scheme”.
A dredging operation could free up access to a marina in St. James City, making it easier for barges bringing waste from the barrier islands. The Fishermen’s Cooperative and Lee County are working together to make the waterway deeper at the county’s solid waste transfer site in an aquatic preserve o
The Planning Commission wants the Centre to levy a cess of Rs 250 per container and Rs 5 per tonne on other cargo to raise funds for development of ports. In a presentation to the panel on infrastructure recently, the Planning Commission has estimated that cess could raise as much as Rs 300 crore pe
The U.S. Army Corps of Engineers is currently millions of dollars short of funding needed to complete the Cocheco River dredging, according to a city official, and the City Council is asking lawmakers to help resolve the issue.
The state of Michigan plans to pour $1.3 million into the construction of a disposal site for material dredged from the Saginaw River. The funding will allow the county to buy the property and proceed with construction — a move dredging proponents say will keep commercial shipping afloat on the Sagi
Malaysia International Shipping Corp., the world’s biggest owner of liquefied natural gas tankers, said its fourth-quarter tripled to a record after it sold some ships and freight rates rose. Stockholders will be given a free share for each held.
