Vulcan Materials Company today announced that it is performing a major expansion and upgrade of the processing facility at its Sac Tun quarry on Mexico
The Barents Sea could become Europe’s next leading offshore oil and gas province by 2020, said Helge Lund in his speech at the Mot Nord (Looking north) conference in Bod
Applied Technology & Management (ATM) in the US recently started construction on the Debordieu Beach Nourishment Project, which involves the placement of approximately 600,000 cubic yards of sand
We are pleased to announce that Vroon has placed an order for two Handymax bulk carriers at the Nam Trieu Shipyard in Vietnam. The vessels
ABN AMRO ONE watch captain Mark “Crusty” Christensen will sail the next leg of the race to Baltimore despite carrying a knee injury.
Miami-based Carnival Corp., the world’s largest cruise ship operator, estimated Tuesday that last week’s fire aboard the Star Princess will cost between $33 million and $42 million. That’s what Carnival said it will have to spend to repair the ship and compensate passengers
KOLKATA, Garden Reach Shipbuilders & Engineers (GRSE) Ltd, the 112-year-old public sector shipyard under the defence ministry, plans to set up two more facilities to attract more orders from the Indian Navy as well as private buyers.
Hanjin has been handling an annual container volume of 40,000 TEUs through its Bremen agency. By establishing a sales office as a direct sales organization, the company expects to improve its business and organizational efficiency.
On March 31, Hanjin Shipping will sign a USD 256.4 million contract with Samsung Heavy Industries (SHI) to build four additional 4,300TEU containerships. They will be of the same capacity and type as the four vessels previously ordered last November
MacGREGOR has secured a large number of crane orders in the early part of the year. Much of the activity has been driven by shipbuilding projects in China, Korea and Singapore where MacGREGOR has recently won orders for over 40 cranes
Daewoo-Mangalia Heavy Industries has successfully constructed and delivered 3 Oil Tankers, the biggest vessels built so far at the Black Sea shipyard under DMHI
On February 24 Adsteam’s CEO, Mr John Moller signed contracts for four more Damen ASD Tugs. The signing took place in Newcastle immediately after the name-giving ceremony of Adsteam’s fifth ASD Tug 2411 called Adsteam Meringa.
Oil-tanker rates for shipments from the Middle East to Asia fell to the lowest level in almost seven months because of a surplus of vessels available for hire. Freight rates for so-called very large crude carriers, those capable of carrying 2mn barrels, have declined 20%
North Korea has hinted at seeking compensation from Australia for seizing and sinking one of its ships after it was used to transport drugs, according to an official media report.
