Royal Boskalis Westminster N.V. has been awarded a contract from Ocean Reef Island Inc to construct an artificial island off the coast near the residential area of Punta Pacifica in Panama City. The project, with a contract value of approximately € 55 million, is already underway and the project is expected to be completed mid 2012
The New World Alliance said today it will temporarily reduce capacity on selected Trans-Pacific Trade services to coincide with Lunar New Year factory shutdowns in Asia. The three container shipping lines in the alliance — APL, Hyundai Merchant Marine (HMM) and Mitsui O.S.K. Lines (MOL) — said the winter deployment program is expected to last…
Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced today that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in China.
Rolls-Royce, the global power systems company, will supply gas turbines and waterjets for ten of the U.S. Navy’s Littoral Combat Ships (LCS) – the Group’s largest ever marine naval surface ship contract.
Cathelco Ltd are supplying a hull corrosion protection system for the P62 FPSO which is being converted for Petrobras Netherlands B.V. who will operate it in the Roncador field off Brazil.
Ship export of South Korea is expected to drop 5.6% this year due to over supply and unpredictable economic situation, according to a report released by Ministry Knowledge Economy and the Korea Shipbuilders’ Association on Thursday.
It is said that a good seaman weathers the storm he cannot avoid and avoids the storm he cannot weather. With ECO-Voyage, a new vessel performance optimisation tool, captains in the Maersk fleet have an edge on Mother Nature.
Korea’s Ministry of Knowledge Economy (MKE) and the Korea Shipbuilders’ Association (Koshipa) announced on 13th January that 2011’s total of ship and shipbuilding equipment exports would reach $47bn, which is a 5.6% decrease on the peak of $49.8bn from 2010.
Wilhelmsen Ships Service appoints new Business Director for Marine Logistics14.01.2011 (Ships Service)Wilhelmsen Ships Service has appointed Vidar Hole to the position of Business Director responsible for the Maritime Logistics Services portfolio.
Kongsberg Maritime Ltd in Aberdeen will expand its rental pool with a REMUS 100 AUV from Hydroid, Inc. a KONGSBERG Company.
Cargotec has received a significant order from long-time Colombian customer Sociedad Portuaria Regional de Cartagena for two Kalmar ship-to-shore (STS) cranes and 24 Kalmar rubber-tyred gantry (RTG) cranes.
The shipping industry faces a challenging year as freight rates come under pressure and crew costs continue to rise, according to Julian Wilkinson, Head of the Moore Stephens Shipping Industry group.