A ship carrying the first delivery of fuel to North Korea, under a key nuclear disarmament deal, has left a South Korean port. The ship, carrying 6,200 tons of oil, is expected to arrive in North Korea on Saturday.
A team of explorers has set sail from the US for Spain in a 12-metre-long (40ft) reed boat, hoping to spend about two months sailing across the Atlantic. They are trying to prove that Stone Age people crossed the ocean thousands of years before Christopher Columbus in the 15th Century.
DP World is set to build and manage a container terminal in Rotterdam, the biggest port in Europe, as part of a consortium with four other shipping companies.
A South Korean cargo ship was sinking Thursday in waters off Oman, leaving a dozen crew members missing, Seoul’s Foreign Ministry said.
China Shipbuilding Industry Corp (CSIC), one of the nation’s leading shipbuilding groups, will seek an initial public offering (IPO) in 2007, according to sources close to the State-owned Assets Supervision and Administration Commission (SASAC). Headquartered in Beijing, CSIC is reportedly planning
The Jan De Nul Group has placed orders with Tianjin Xinhe Shipbuilding Heavy Industries Co.Ltd. in Tianjin, China for 8 new vessels. With these orders the cooperation between Tianjin Xinhe Shipbuilding Heavy Industries Co.Ltd. and the Jan De Nul Group continues. Since 2003 Xinhe Shipyard has built a
A passenger ferry has sunk in central Philippines, leaving at least eight people dead and an unknown number missing, officials say. The MV Blue Water Princess sank off the town of San Francisco, about 220km (140 miles) south-east of Manila.
The BRIT AIR Imoca 60-footer monohull will be out of the shed and launched Wednesday July 18, 2007 at 9h00 AM in Vannes (France). Marc Lamidey, CEO of BRIT AIR and Gilles Ollier, CEO of Multiplast, will be present.
Odense Steel Shipyard Ltd. (Odense Staalskibsværft A/S) is pleased to announce, that the shipyard has entered a final contract with EPIC Shipping Group, UK for building and delivery of six Ro-Ro vessels.
Hercules Offshore, Inc. (‘Hercules Offshore’, ‘the Company’ Nasdaq: HERO) today announced the completion of its acquisition of TODCO as the transaction was finalized today following approvals by the stockholders of both companies.
Scotland needs a ‘new relationship’ with Europe to lead the way in fishery negotiations, according to First Minister Alex Salmond. Mr Salmond is taking part in talks on trade and fishery policy in Brussels on his first official trip abroad.
Patrick Knowles Designs (PKD) is designing the interiors for the 164-foot motoryacht Mine Games. ‘Mine Games will debut with a highly finished custom traditional interior, featuring raised paneling in American Cherry, Maple Burl and Figured Bubinga with a classic and understated hand polished finish
Atlas Copco has acquired the remaining 40% of shares in Wuxi-Hobic Diamond Bit Co Ltd, China, from its current joint venture-partner, after receiving approval from the Chinese authorities.
Seoul (ANTARA News/Asia Pulse) – STX Shipbuilding Co. (KSE:067250), the world’s seventh-largest shipbuilder, said Wednesday it has raised its sales target for the year to US$10 billion from the previous $5.5 billion on increased orders for high-priced ships.
