Bharati Shipyard will construct and supply an offshore support vessel to integrated offshore oilfield services provider Great Offshore for $64.80 million (Rs 266 crore).
In December 2005 the Swedish Coast Guard awarded Damen the newbuilding contract for two state-of-the-art 81-metre Coast Guard Vessels. Construction of these vessels is currently taking place at Damen Shipyards Galati in Romania and delivery for the first vessel is scheduled for the summer of 2008, t
Imtech (technical service provider in Europe) announces the acquisition of British counterpart The Aqua Group Ltd. And its subsidiary companies from the current owners. With this acquisition Imtech will significantly strengthen its position in the UK. The acquisition price comes to some 24 million e
The cost of shipping coal and iron ore is about to decline as the supply of cargo vessels overwhelms demand. Japan, China and South Korea will produce so many vessels that shipping costs, now at an all-time high, will fall 40% by 2010, according to futures contracts traded privately among banks, tra
search for a missing boat with two men on board has resumed off the Cumbrian coast. Five coast guard teams, two lifeboats and an RAF helicopter are searching for the men who are in an 18ft (5m) Dory.
Veteran British yachtsman Tony Bullimore set sail from Australia Tuesday in a bid to break the round-the-world solo sailing record in 70 days. The starter’s gun fired at about 3:50 pm (0550 GMT) as Bullimore, waiting since December for the right weather conditions, launched his bid to circumnavigate
Prized for its desirable location, just north of Port Everglades Inlet, the Lauderdale Marina owned by The Shipyard LLC in Fort Lauderdale, Florida provides boaters with direct access to the Atlantic Ocean and all major waterways in the area including the Intracoastal and the historic New River. Bel
A body has been discovered by rescue teams searching for a missing boat and its crew off the Cumbrian coast. Peter Yates and William Williamson, both in their 60s and from the west of the county, failed to return from a trip on the Solway Firth on Monday.
Following a series of delays earlier in the competition due to too little wind, on Tuesday, May arrived with a roar, as 20 to 25 knot westerly winds buffeted Valencia. With the breeze blowing from the shore to the sea, the water was relatively flat at race time, but with gusts approaching 30-knots,
Subsea 7 has awarded Aker Kvaerner a key tie-in system project in Brazil, to be deployed in the ESS-164 / Camarupim Field, Espírito Santo basin, as part of the Petrobras Plangas Program. The contract has a value of approximately USD 4 million.
Maersk Line was named ‘Best Global Shipping Line’ at the 21st Asian Freight and Supply Chain Awards (AFSCAs) ceremony held in Macau, 26 April 2007. In addition, Maersk Line was awarded ‘Best Shipping Line Asia-Europe’ and ‘Best Shipping Line Transpacific’.
Rescue teams are searching for two missing men whose boat failed to return from a trip on the Solway Firth. The men, in an 18ft (5m) Dory, set off from Silloth in Cumbria on Monday morning and were due to arrive at Maryport a few hours later.
The Jury for the 32nd America’s Cup has fined the Italian Mascalzone Latino-Capitalia Team 10’000 Euros for a technical violation of the measurement rule for the America’s Cup Class.
Evergreen Marine Corp has been awarded Best Shipping Line – Intra Asia for the third year in a row at the 21st Asian Freight and Supply Chain Awards (AFSCA). Wong Kwok-Leung, senior vice president, Evergreen Marine Corp collected the award from Stephen White, Director of Asia Pacific Region and Glob
