Azim Premji, Chairman of Wipro Ltd, has expressed dissatisfaction over lack of progress in development of new sea-port facilities in the country. He also identified water resources and power as the two other areas that need immediate attention.
West Marine, Inc. (Nasdaq:WMAR) today reported that net sales for the thirteen weeks ended April 2, 2005 were $125.6 million, a decrease of 2.8% from net sales of $129.2 million a year ago. Comparable store sales for the first quarter of 2005 decreased (6.6%), compared to strong comparable store sal
Day four of the RYA Youth Championships and Trials brewed wild and windy even before the competitors had left the shore, and the race committee were keen to get the competitors in and out as quickly as possible due to a forecast of increased breeze. The three course areas were set closer to shore al
The year 2004 was, overall, a very good year for the Oregon commercial fishing industry, according to the draft of a study by Hans Radtke and Shannon Davis, the Research Group. The year represented, in several ways, a turnaround after several down years. That turnaround occurred in part because of c
SA’s major deep sea fishing groups were “shocked” by the changes in policy introduced in government’s proposed allocation of long-term fishing rights, Irvin & Johnson (I&J), MD Mo Kajee said yesterday. Kajee said that when medium-term quotas were granted four years ago the implication was that they
The Norwegian concern that owns Kvaerner Philadelphia Shipyard Inc. is reorganizing the company into a new one that will also own the ships it builds. Details of the reorganization were revealed last month by Kvaerner ASA, the shipyard’s Norwegian parent company.
Local politicians have waded into the offshore dredging debate, claiming that more research needs to be carried out into the effects on the region’s coastline. Both MP for Yarmouth Tony Wright and the Great Yarmouth Liberal Democrats have expressed concern on the subject. Mr Wright has attacked plan
KBR, the engineering, construction and services subsidiary of Halliburton (NYSE:HAL), has been awarded a contract by Daewoo Shipbuilding and Marine Engineering Company, Ltd. (DSME) to provide engineering design and procurement services for the topsides for ChevronTexaco’s Agbami floating production,
The Senate Appropriations Committee is trying to block the Defense Department from consolidating naval destroyer construction at a single shipyard. The Senate panel attached a provision to an $81 billion emergency bill for Iraq and Afghanistan that would prevent the Pentagon from spending money on s
15,000 may be owed overtime, suit contends. Carnival Cruise Lines failed to pay overtime to as many as 15,000 cruise ship workers, a lawsuit filed in federal court in Miami alleges. The suit was filed on behalf of a half-dozen waiters, cabin attendants and kitchen employees on various Carnival ships
Holland America, Carnival Cruise Lines, Celebrity Cruises and Radisson Seven Seas all have ships that currently make Norfolk their home port. Radisson Seven Seas Navigator, a high-end ship with a passenger capacity of 490, won’t be sailing out of Norfolk in 2006. Neither will Celebrity Cruise’s Hori
The Royal Malaysian Navy (RMN), in an effort to enhance its efficiency in the fight against piracy, conducted an exercise in the Straits of Melaka, Thursday. Forty-eight personnel of the “Paskal” special marine force participated in the effort to rescue 27 crew of a tanker, MV Bunga Kelana 8, of the
Coact Guard officials called off a search Wednesday for a man who went missing after a tugboat capsized in the San Francisco Bay. The 45-foot tug Sunshine State capsized Tuesday at roughly 8 p.m. near the Oakland estuary entrance. Crewmember Albert Apazaza was rescued by the dredge barge Florida sho
Hundreds of jobs hang in the balance today after a shipyard went into administration. Around 250 workers at McNulty Offshore on South Tyneside face an uncertain future if the shipyard is forced to close. However, administrators KPMG hope to keep the shipyard open and sell the business as a going con
