The government is planning to set up a centrally sponsored scheme (CSS) for promotion of coastal shipping. The rationale behind the proposal is that the major ports are facing congestion problems handling container traffic that is more than their earmarked capacities.
The Norwegian maritime authorities have proposed that the lane for large ships be placed 30 miles off Norway’s northern coast. This will ensure better security against oil spills from Russian oil tankers in these vulnerable waters.
ABG Shipyard Ltd has secured a contract for construction of two 18,800 DWT Geared Bulk Carriers. They received the contract from ESL Shipping OY of Finland. The board of directors have approved the proposal and draft of the contract to be entered into with ESL Shipping OY of Finland.
Singapore-based PSA International, the world
Royal Dutch Shell is considering evacuating all its workers from swamp areas in the western side of Nigeria’s delta where militants have staged four attacks in five days.
Burren has signed a new production sharing agreement (
The new ship, one of 12 same type ships being built by the Keelung shipyard of China Shipbuilding Corporation (CSBC) for Yang Ming, was christened and launched in Keelung recently.
THE PRESIDENTIAL yacht, BRP Ang Pangulo, caught fire while undergoing repairs at a shipyard in Bauan town, Batangas province, some 146 kilometers south of Manila, a spokesman for the Philippine Navy said Monday.
Bounty Oil & Gas NL advises that after a successful placement (ASX announcement 13 December 2005), repayment of a secured loan and repayment of funds from creditors after the placement, Bounty has approximately $2,400,000 of additional working capital.
Bouwe Beking and team aboard movistar have decided to take a pitstop at Eclipse Island to take on essential equipment in order to secure their damaged keel ram. So far the team has been able to make a successful jury repair, but to complete this satisfactorily, they need some additional equipment.
On February 22, 2006, when Queen Mary 2 makes her maiden call to Los Angeles and unites for the first time with her namesake, the Queen Mary, in nearby Long Beach.
At 0545GMT on Monday 16 January ABN AMRO ONE passed the Eclipse Island scoring waypoint to notch up the 3.5 points for the leader and then, exactly 63 minutes later, team sister ABN AMRO TWO passed the waypoint to take the next three points.
After hours of work in pitch-dark conditions, the temporary repair was made with movistar retaining third place in the fleet behind the two Dutch yachts, ABN Amro 1 and ABN Amro 2 who last night rounded the scoring gate at Eclipse Island, off Albany.
At 1448GMT Pirates of the Caribbean passed the Eclipse Island scoring gate to take fourth and the two points on offer, then promptly issued a press release announcing further damage and that they would be going to Albany, the closest port, for assessment and repair.
