Korea’s top-three shipbuilders are eyeing US$36 billion in sales this year, down from a record $37 billion last year. Korean shipbuilders secured almost half of the $100 billion in global orders last year offering a competitive balance of price and quality.
Late 2006, Damen signed a shipbuilding contract with ferry operator Istanbul Deniz Otobusleri (IDO) of Turkey, for construction and delivery of 2 fast car ferries of the Damen Fast RoPax (DFR) 8521 design. The ferries will be delivered in 2008 and will operate on the existing line between terminals
SBM Offshore N.V. is pleased to announce that the Company has recently received a number of orders in both the lease and the turnkey supply segments of its activities.
Fourteen people found alive off the coast of Indonesia nine days after their ferry sank in a storm have reached land.
22nd December 2006- Honningsvag, Norway Transas Scandinavia has successfully been awarded the contract to install their Full Mission Bridge Simulator at North Cape Simulators in Honningsvag, Norway. The Simulators will be a major contributor to increase safety at sea for maritime personnel in Northe
One of world’s largest vessels of its type makes first N.S. call. About 1,500 high-end vehicles hitched a ride to Halifax on Monday, arriving on one of the world’s largest car/truck-carrying vessels. Wallenius Wilhelmsen Logistics’ MV Toronto made its inaugural call at Autoport in Eastern Passage, a
Jersey has a new lifeboat for inshore water emergencies. The Royal National Lifeboat Institution (RNLI) received its new Atlantic 85 at St Helier on Monday.
Raytheon Company (NYSE: RTN) successfully conducted a detailed design review for the DDG 1000 Total Ship Computing Environment Infrastructure hardware. The Total Ship Computing Environment Infrastructure implements the Navy’s open architecture strategy and has achieved a full commercial off-the-shel
Transocean Inc. (NYSE:RIG) today announced that a subsidiary of Chevron Corporation (NYSE:CVX) has awarded the company’s semisubmersible rig, the Transocean Richardson, a three-year contract for exploration and appraisal drilling offshore in global Chevron operating areas which may include Southern
This trading update is aimed at providing estimates regarding revenue and trading conditions experienced by BP in the fourth quarter ending December 31, 2006. The fourth quarter margin, price, realisation, cost, production and other data referred to below are currently provisional, some being drawn
Keppel Offshore & Marine Limited (Keppel O&M) maintains its strong track record of on time, on budget deliveries with its first completion in 2007. Through its wholly-owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), the Floating Production Storage and Offloading facility (FPSO) Polvo is on c
Labroy Marine has clinched two shipbuilding contracts worth a total of US$37.8 million or S$58 million. Under the contracts, it will build two anchor handling tug supply vessels for a Norwegian customer.
Kalmar, the business area providing container handling solutions within Cargotec, has received an order for 12 E-One RTGs (rubber-tyred gantry cranes) from Santos Brasil S/A, the largest terminal operator in South America. The E-one RTGs will be delivered to the Santos Brasil S/A terminal at the Por
A modern domestic shipbuilding facility will soon rise in this premier Freeport zone. Subic Bay Metropolitan Authority chairman Feliciano Salonga, in a meeting with National Maritime Leasing Corp. president Agustin Bengzon, said the facility would create a synergy aimed at supplying the needs of the
