Clipper 05-06: Scientifically Speaking
Pirates have attacked two United Nations chartered vessels in the Malacca strait off the coast of tsunami-hit Aceh province in Indonesia, an international maritime watchdog said.
Genco Shipping & Trading Limited (NASDAQ: GSTL) today announced that the Company has agreed to acquire three drybulk vessels from affiliates of Franco Compania Naviera S.A., for an aggregate purchase price of $81.25 million. The acquisition is subject to customary closing conditions and the vessels
Dubai Waterfront, the world’s largest waterfront development and a subsidiary of Nakheel, began reclamation work on the first of seven islands to be reclaimed at the project. The reclamation phase of the 310-hectare island marks one of the pivotal stages in the construction of the iconic development
Samsung Heavy Industries(SHI) received a plaque of appreciation from the UK based energy firm BG for achieving 4 million hour zero accident record. It held a ceremony to congratulate this on July 11 at the guest house, during which President Lee Ki Ho of Geoje shipyard received an appreciation plaqu
Alloy Yachts International launched the 52 metre, performance sloop Kokomo yesterday. The yacht, which was built for Australian businessman and property developer Lang Walker, is the third yacht over 50 metres built by Alloy Yachts. The others were the 53 metre ketch Salperton (now Drumbeat) in 2002
Finance for offshore wind farm Q7 is now in place. Project owners Econcern, Energy Investments Holding and ENECO Energie signed a financing agreement with Rabobank and Dexia yesterday. The construction contract has been awarded to marine contractor Van Oord. Insurance is being provided by Delta Lloy
The 52m (170ft) sloop Kokomo was launched on 12th July at Alloy Yachts International, Auckland New Zealand. The yacht commenced construction in August 2004. She has a beam of 10.2m (33.5ft), draws 4.9m (16.1ft) and has a design displacement of 340 tonnes. The main engine is a 1200hp Caterpillar 3412
Aker Kvaerner has been awarded a contract with Neptune Marine & Drilling Pte Ltd in Singapore for delivery of a drilling equipment to the Neptune Explorer drillship. The total contract value for Aker Kvaerner is approximately USD 23 million. “This contract which consists of derrick drill floor equip
The Kenya Ferry Services (KFS) may resort to the quotation system for the purchase of two new ferries estimated to cost Ksh1 billion ($13.9 million). The ferry services provider for the Likoni channel has been in a dilemma for the last two years after a loser in the initial tender went to the procur
Two employees of Northrop Grumman Ship Systems were killed in separate cases at the company’s New Orleans-area yard, authorities said. About 1 p.m. Monday, a piece of equipment fell on an employee, crushing him to death, said Col. John Fortunato, a spokesman for the Jefferson Parish sheriff. The man
EXACTLY a fortnight after running aground on the East London harbour wall, all of the deck container cargo aboard the stricken Safmarine Agulhas had been brought ashore by last night. National Ports Authority (NPA) spokesperson Terry Taylor yesterday said salvors had also been successful in discharg
The three port authorities in Greater Vancouver have begun talks to consider the possibility of integrating their operations to create the second-largest port in North America. In a meeting last week with federal Transportation Minister Lawrence Cannon, the chief executive officers of Vancouver Port
Dubai World, the newly-established holding company, will invest close to Dh32 billion (50 billion Egyptian pounds, $8.7 billion) in Egypt to develop a seaport and some other industrial projects, company officials said on Monday as quoted by Gulf News daily. It also includes the development of a cont
