Kalmar, the business area providing container handling solutions within Cargotec, has made an agreement to acquire CVS Ferrari Group. This acquisition will strengthen Kalmar’s market position and service capabilities in the South European and other Mediterranean markets and complement Kalmar’s produ
The marine and maritime industry is set to grow further as Singapore expands its offshore, marine and maritime interests as an International Maritime Centre (IMC). The industry accounts for about 7% of Singapore’s Gross Domestic Product in 2005. “With Asia’s increased dominance in world shipping and
A small coastal cargo vessel has run aground at the entrance to Montrose Harbour. A coastguard spokesman said the vessel’s crew of six had stayed on board and would remain there overnight.
There was no denying the steep seas and winds gusting up to gale force, but early reports suggest that the conditions were not entirely to blame for the dismasting of ABN AMRO ONE during the 62nd edition of the Sydney to Hobart race. At 0308 (Australian time) on the 27th December, the crew of ABN [&
Subsea 7 (OSE Symbol: SUB) announced today that it has been awarded a contract valued at approximately US $275 million by the BC-10 Consortium, operated by Shell Brasil Ltda for the development of the BC10 fields, in the Campos Basin offshore Brazil.
Statoil has today, Thursday 28 December, commenced drilling of exploration well 16/4-4 on the North Sea Biotitt prospect. The drilling marks the start of a busy exploration programme for the West Epsilon rig which initially will drill four North Sea exploration wells for Statoil.
Ocean Tankers Holdings Public Company Ltd (OCT) announced that within the framework of the Company’s policy for the improvement of its fleet, it has reached an agreement for the purchase of a tanker of new generation.
Based on developments so far in 2006, the Board of Management of dredging company Royal Boskalis Westminster nv expects the net profit for the year to increase by approximately 60% to a record level of at least € 100 million (net profit 2005: € 62.7 million). In August, at the announcement of the ha
Three men whose bodies were found in a shipping container in Berkshire died from carbon monoxide poisoning, initial tests have shown. The bodies were found at a building site in Manor Farm Road, at Whitley near Reading, on Friday.
Recreational scuba diver Dr. Harry Wong thinks he has the perfect solution to the Navy’s dilemma of what to do with its vast stockpile of rusting, decommissioned war ships: sink them at sea. The Portola Valley-based chiropractor and nutritionist is president of California Ships 2 Reefs, a group of d
Royal Caribbean International today announced that the line’s third and final Freedom-class ship will be named Independence of the Seas. The ship, currently under construction at Aker Yards in Turku, Finland, is set to make her debut in May 2008. She will follow Liberty of the Seas, which makes her
Aker Kvaerner has been awarded a limited notice to proceed by the Ohio Valley Electric Corporation (OVEC) for a new environmental control system at the Kyger Creek power plant. The facility is located in Cheshire, Ohio, and Aker Kvaerner’s portion of the project is approximately USD 105 million.
Wild Oats XI was leading Skandia across the Bass Straight as the super-maxi duo approached the half-way mark of the Sydney to Hobart yacht race last evening. Skandia has been keeping up with the 2005 line honours winner with only 4.5 nautical miles separating the pair.
A working interest offered to Statoil in a deepwater block off Egypt marks the second award of exploration acreage recently secured by the group in this north African country. “We’re very satisfied with this,” says Geir Richardsen, exploration manager for Egypt and Libya. “It gives us an even better
