Stena Line has announced investment details of approximately £200m in a new ferry port facility at Loch Ryan in Scotland. A 28 acre site two miles north of Cairnryan has been chosen to locate the facility which will be constructed to accommodate a mix of travel… [mappress] Source:webwire,February 15
China Harbour Engineering Co Ltd ( CHEC), a world-renowned international contractor, has been dedicated to pursuing business opportunities in the overseas market for the past 30 years, ever since its establishment in 1980. During this period, CHEC has sought to develop its business while… Source: Ch
Qatar Gas Transport Company Ltd. (NAKILAT) has signed a joint venture agreement with Damen Shipyards Qatar Holding B.V., a wholly owned subsidiary of Damen Shipyards Group, to jointly operate a shipbuilding facility in the Port of Ras Laffan, Qatar. [mappress] Source: MarineLink, February 7, 2010
Kenmare Resources is the Irish, UK-listed owner of the Moma titanium mine in Mozambique. It’s had an interesting couple of years developing the mine, during which its share price has fallen from over 30p to less than 10p as it hit execution problems before recovering to the current 25p level. [mappr
Jakarta – PT Timah Tbk projects its production this year to reach 50,000 tons rising a bit from last year`s recorded at 49,000 tons. [mappress] Source: Antara, February 3, 2010
AMSTERDAM–Some shareholders of Smit Internationale NV (SMIT.AE) Wednesday said a revised takeover offer from Royal Boskalis NV (BOKA.AE) that has been recommended by Smit’s board and management still undervalued the Dutch maritime service provider, continuing a split that has caused one Smit board m
Dredging Corporation of India Ltd has announced the financial results for the quarter ended on 31-December-2009. The Net Sales was at Rs.181.21 crores (US$ 38.7 million) for quarter ended on 31-December-2009 against Rs.223.77 crores (US$ 47.7 million) for the quarter ended on 31-December-2008… [mapp
National Marine Dredging Company (NMDC) may be in the business of sucking up mud, but for investors the sludge might as well be gold… [mappress] Source: The Nation, January 27, 2010
DUBAI – Abu Dhabi-based National Marine Dredging Co., or NMDC, said Wednesday it made a net profit of 413.2 million U.A.E. dirhams ($112.6 million) in 2009, a 55.6% increase on the previous year… [mappress] Source: Maktoob, January 26, 2010
AMSTERDAM –Dutch maritime services provider Smit Internationale NV Monday said it would recommend a takeover offer from Royal Boskalis NV after the dredging company raised its offer with a dividend for Smit shareholders… Source: The Wall Street Journal, January 25, 2010
What is a dredging and demolition business doing headquartered in upscale Oak Brook, Illinois? [mappress] Source: iStockAnalyst, January 8, 2010
Marine services company acquires Minette Bay Ship Docking Smit Internationale, the global marine services company, completed the acquisition of all shares of Minette Bay Ship Docking Ltd… [mappress] Source: The Journal of Commerce, January 3, 2010;
Bangalore: Private port operator Gujarat Pipavav Port Ltd (GPPL) plans to raise at least Rs500 crore through an initial public offering (IPO), according to two bankers briefed on the matter. The share sale is planned for 2010, the bank officials said on condition of anonymity… Source: Livemint, Dece
Aberdeen company Subocean has won tens of millions of pounds of funding to allow it to expand overseas. The private equity arm of Lloyds Banking Group (LDC)… Source: BBC News, December 21, 2009
