Britain’s naval defence industry is at the threshold of its biggest changes for decades. The industry is set to receive the go-ahead from the government for two 65,000 tonne aircraft carriers worth more than £3bn – the largest warships ever built in the UK. This follows orders for destroyers and Ast
South Korean shipbuilders were found to have more than doubled their workers’ manufacturing efficiency over the past 15 years while their revenue grew 19 times. The average man-hour needed for building one compensated gross ton (CGT) of vessels at three major shipbuilders _ Hyundai Heavy Industries,
Cargotec’s MacGREGOR business area providing marine cargo handling solutions has signed an agreement to acquire Plimsoll Corporation Pte Ltd. Plimsoll is based in Singapore and is a leading company in deck machinery for the offshore oil and gas, and marine industry in the Asia-Pacific region. Cargot
The Vietnam Shipbuilding Industry Group (Vinashin) has been permitted to mobilise international capital for its development, said a circular recently issued by the Prime Minister’s Office.
At least three people have been killed after a passenger ferry collided with a private boat beneath Sydney’s Harbour Bridge, officials said. Crew from the ferry leapt into the water to try to help those thrown overboard from the private boat, but a 14-year-old girl is still missing.
SMIT and her new partner RR Panfido have been awarded a 25 year contract for services to the Adriatic LNG Offshore Terminal in Italy. This prestigious terminal project will be the first gravity based offshore LNG import terminal in the world.
Angola’s Petroleum Minister, Desiderio Costa, officially inaugurated the deep offshore Dalia field at a ceremony also attended by Manuel Vicente, Chairman of Sonangol (Sociedade Nacional de Combustíveis de Angola), and Christophe de Margerie, Chief Executive Officer of Total.
Aker Yards has signed a contract with MSC Cruises to build a 4th MSC Musica Class Cruise ship. The MSC Magnifica will be built at Aker Yards, Saint-Nazaire and delivered in 2010. The value of the contract is approximately EUR 410 million. The contract is subject to financing.
On Wednesday, March 28, Total’s senior management and three European federations, EMCEF, FECCIA and FECER*, signed a Europe-wide agreement on support for creating or expanding small and medium-sized enterprises near the Group’s main European facilities.
Technip has been awarded a contract by Shell for the installation of the water injection flowlines(1) and the risers(2) for the development of the Ursa and Princess fields. These fields are located in the Gulf of Mexico, about 140 miles southeast of New Orleans (Louisiana). This project consists in
Volvo Ocean Race winner Mike Sanderson has joined a British bid to win the America’s Cup sailing regatta as team director, TeamOrigin announced Thursday. The team was set up in January in hopes of bringing the Auld Mug to Britain for the first time in the competition’s 155-year history. Sanderson wa
Britain and Iran are engaged in a propaganda battle over the 15 captured British sailors and marines. Britain went public with coordinates to try to prove that its naval party had not gone into Iranian waters and ridiculing Iranian claims to the contrary.
Sri Lankan navy troops have sunk three Tamil Tiger boats off the island’s north-east coast, killing at least 15 rebels, the military says. Officials said the navy fought a three-hour battle with 10 rebel boats.
Qatar Gas Transport Company Ltd. (NAKILAT) has signed an agreement with Keppel Offshore & Marine Limited (Keppel O&M) through its wholly owned subsidiary, KS Investments Ltd., to jointly develop a world-class shipyard facility in the Port of Ras Laffan, Qatar.
