A Vietnamese joint venture of Danish marine boiler manufacturer Aalborg Industries opened its new plant Wednesday in Hai Phong, aiming to produce world class marine boilers. Aalborg Industries Vietnam, the joint venture of Aalborg Industries and Vietnamese shipbuilder Vinashin, has invested US$3 mil
The owner of the country’s two largest military shipyards has said the government wants to acquire both firms, and local media said on Wednesday that state arms trader Rosoboronexport was in talks to buy them. The Severnaya Verf and Baltiysky Zavod shipyards in St. Petersburg are estimated to hold s
Abu Dhabi Ship Building today launched its first Naval export order, a landing craft for the Royal Navy of Oman. It is the first time that a vessel for a Gulf Cooperation Council country has been built by another member of the regional grouping. The launching ceremony, at ADSB’s Musaffah (Abu Dhabi)
A 56-foot fin whale that washed ashore in northwest Washington died when it was struck by a ship, scientists said Wednesday. “That was fairly unequivocal,” said John Calambokidis of Cascadia Research, who led the team that examined the whale Tuesday. The carcass is on Lummi Indian tribal land that i
The Federal Government has rejected calls by the Gulf Fishermen’s Association for an inquiry into illegal fishing. The association says an inquiry would boost communication between commercial fishermen and politicians. But federal Fisheries Minister Eric Abetz says the Budget’s $389 million funding
Russia is to sell two 636 Project submarines to Algeria for $400 million. Vladimir Alexandrov, director general of Admiralty Shipyard, said yesterday the contract is to be signed in June. The deal was to be struck during Russian President Vladimir Putin
MUMBAI: ABG Shipyard Ltd on Thursday said it will raise $100 million through the issue of various financial instruments in domestic and international markets. The shareholders at the extraordinary general body meeting held today authorised the board to raise 100 million dollar through the issue of e
Way back in October Hans Horrevoets was standing beside a swimming pool in Sanxenxo beaming a huge smile. It wasn
ABN AMRO TWO, after a period of reflection aboard when they slowed right down, has gybed and is now heading east at 18 knots. For a while there was a plan that they would rendezvous with a German freighter in the vicinity to transfer Hans Horrevoets to a vessel with better facilities, but the five [
ABN AMRO TWO navigator Simon Fisher explained the incident,
A 623-foot cargo ship that ran aground yesterday cleared the reef after high tide swept in early this morning. The ship is now docked at an anchorage area off of Fort Lauderdale beach. ”It was at high tide and under the ship’s own power [that] they were able to free themselves,” said U.S. Coast Guar
Keppel FELS Ltd (Keppel FELS) has secured a contract to build a repeat ultra deepwater semisubmersible drilling platform (semi) for A.P. M
Aker Kvaerner has signed an agreement to deliver a deepwater subsea production system offshore West Africa. The value of the extension is approximately USD 90 million. The subsea trees will be manufactured and assembled at Aker Kvaerner’s world class Tranby facility in Norway and assembly of the con
Evergreen Marine Corp has been awarded Best Shipping Line- Intra Asia for the second consecutive year at the Asian Freight and Supply Chain Awards (AFSCA) 2006. Lee Hock-Saing, Executive Vice President of Evergreen Marine Corp (Malaysia), was presented with the award by Stephen White, Director, Mari