On Dec. 3, a China Shipping delegation headed by Mr. Li Shaode, President and Mr. Ma Zehua, Party Secretary visited COSCO Group head office. Capt. Wei Jiafu, President and CEO and Mr. Zhang Fusheng, Party Secretary of COSCO Group met with the delegation.
Statoil has for the first time taken part, and been offered acreage, in an Egyptian licensing round. The Statoil group was recently awarded the operatorship and an 80% interest in deepwater block 9 off Egypt in the 2006 EGAS international bid round.
The condo craze went to sea awhile ago with The World, a cruise ship managed by Miami-based ResidenSea. But another Florida firm has added a twist to the concept. Condo Cruise Lines International is marketing units on used ships, making the process both faster and less expensive than building a vess
NEW YORK — When a fleet of tugboats hooks up cables, chains and heavy-duty hawsers to the USS Intrepid early Tuesday, officials won’t know what to expect. But in a matter of minutes they’ll find out whether the second time’s the charm, or whether it’s deja vu all over again.
The innovative Australian designed Mobicon container handler will be heading to the U.S. as a part of a contract to Bath Iron Works, a General Dynamics company, for the new United States Navy
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The underwater search for a fishing boat which went missing in the North Sea with four crew on board has been suspended until next year. Worsening weather conditions have hampered the search for the Meridian.
A large standby vessel is limping to safety after developing rudder problems and taking on water in the North Sea.
$100-million acquisition that will replace the sunken Queen of the North is a ship ‘people are going to love’ One of the most closely guarded secrets at B.C. Ferries is the short-list of names for the new ship, sailing halfway round the world to its home in Victoria.
A state of the industry blueprint for the Middle East’s marine sector is to be thrashed out this week as the region’s maritime business comes under the global spotlight at Seatrade Middle East Maritime (SMEM) starting tomorrow (December 4). As SMEM readies for its biggest-ever showing – SMEM 2006 is
The Vietnam Shipbuilding Industry Group (Vinashin) will build eight car-carrying vessels for Hoegh Autoliner of Norway under a US $536 million contract signed in Hanoi on December 1
The Russian insurance company Malakut officially launched its affiliate in Hanoi on December 1, becoming the first Russian insurer to work within Vietnam’s insurance market.
Diana Shipping Inc., a global shipping transportation company specializing in dry bulk cargoes, today announced that on November 28 the Company took delivery of the newly-built Sideris GS, a 174,186 dwt Capesize dry bulk carrier, built by Shanghai Waigaoqiao Shipbuilding Co. Ltd.
Northrop Grumman Newport News received a contract adjustment worth up to $860 million Thursday to continue the design, parts purchasing, and early construction and planning on its next aircraft carrier. Mike Shawcross, the shipyard’s vice president in charge of the CVN-21 program, said the ship’s de
