With oil exploration and production hotting up, shipmaker ABG Shipyard is planning to foray into offshore jack-up rigs manufacturing. The company is setting up a facility for the production of jack-up rigs at its upcoming shipyard at Dahej, Gujarat.
Capt. Wei Jiafu, President and CEO of COSCO Group, met with H.E. Mohamed Mansour, Egyptian Minister of Transport and his delegation at the Ocean Plaza. Capt. Wei briefed Minister Mansour on COSCO’s business growth and expressed willingness to further enhance business partnership with Egyptian port a
The Scottish salmon business is recovering from a market slump and production should increase from 2007, the industry’s national body has said. Scottish Salmon said one million fresh salmon meals were being consumed every day in the UK. Chief executive Sid Patten said this should mean greater securi
On October 3rd, H.5283, a 115K TDW ICE COT for HTG and H.5289, a 69K TDW P/C for KOTC were launched from the No.2 Dock during the 130th batch. The accomplished progress rate of H.5283 was 93.4%, while H.5289
Statoil’s latest technology for producing liquid fuel from gas is ready for commercial expansion. Vice President Roger Johansen heads Statoil’s GTL initiative. (Photo: Harald Pettersen) Statoil, together with PetroSA and Lurgi, has had success demonstrating a technological solution for so-called gas
The Port of Singapore Authority, a global leader in port management and services, will acquire a 12% stake in ABG Heavy Industries for close to Rs 50 crore. Sources said PSA will pay between Rs 325-350 per share. ABG is setting up two container terminals in Kolkata and Kandla. That apart, it is also
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For the third consecutive meeting, Miami-Dade County commissioners postponed voting Tuesday whether to allow Flagstone Property Group to create a 50-slip mega-yacht marina on Watson Island. Commissioner Bruno Barreiro proposed delaying the vote until November to allow for further review of modificat
Jacksonville, FL. – The Coast Guard terminated the voyage of a 90-foot commercial fishing vessel two-miles northeast of Ponce de Le Inlet, Fla., at 11:15 a.m. after discovering several safety violations aboard the boat. A joint boarding was conducted from an FWC boat, which included officers from th
Papenburg, 11 October 2006 Here we go: MEYER WERFT launched the production of the first steel plate for the new giant cruise liner for the cruise operator Celebrity Cruises (Miami).. The first ship of this class will be delivered to Celebrity Cruises, an affiliated company of Royal Caribbean Interna
A U.S. Coast Guard vessel nabbed a Costa Rican fishing boat carrying 3.5 tonnes of cocaine off the Pacific coast of Guatemala, a record haul in the region, police said on Monday. Four Costa Ricans were arrested last Thursday aboard the fishing vessel after it was stopped in international waters, sai
GRAND TURK, The Turks and Caicos Islands — Adrift out here on the fringes of the Caribbean, The Turks and Caicos Islands sit at the bottom of the Bahamas chain, nature’s afterthought 575 miles southeast of Miami. Oh, they’ve had their share of pirates and slaves, shipwrecks and plantations; but scar
KARACHI: Cargo handling stood at 76,987 tonnes at the Port Qasim, comprising 56,438 tonnes of import and 20,549 tonnes of export cargo inclusive of containerised cargo carried in 2,148 containers, during 24 hours ended at 0800 hours on Monday. Three ships scheduled to load and offload containers and
The U.S. Coast Guard is considering restricting access to an area offshore from Port Everglades after two large freighters ran aground this year, damaging delicate coral. “We’ve been working toward a resolution,” said Lt. James Suffern, the Coast Guard’s chief of waterway management for the region.
