Repair yard for Bahamas Lloydwerft, Bremerhaven, has long had ambitions to bring its cruise ship repair expertise nearer to its customers by operating a yard in the Bahamas. Now the plan looks to be moving towards reality.
Tidewater buys six vessels from Hvide Tidewater, Inc. is taking advantage of the depressed state of the offshore services market to modernize its aging fleet.
Aker Maritime sale/merger discussions continue Discussions on a possible sale or merger of Aker Maritime have been pursued by the group and its principal shareholder, Aker RGI (which owns 63% of the company), with a number of players in the oil and gas sector since mid-April.
Cheap Aframaxes How low can Korean shipbuilding prices go? Last week Overseas Shipholding Group, Inc. announced that it had ordered four 113,000 dwt Aframax tankers from Hyundai Heavy Industries "at a highly competitive price."
Warning to Korea "We will not allow EU shipyards to be killed by unfair competition," European Commissioner Martin Bangemann told the Korean government and industry last week.
Port state blitz SOUTH African port state control is cracking down hard on substandard ships as the country seeks to raise its profile after years of isolation.
South Korean navy ships . . . South Korean navy ships escort fishing vessels in the Yellow Sea near Taeyonpyong Island in southern waters. South Korea has said it sank one North Korean gunboat and heavily damaged several others in the countries' first naval clash in the Yellow Sea since the Korean war of 1950-1953. Four North Korean patrol boats and three torpedo boats intruded into South Korean waters early on Tuesday and several began firing on a South Korean patrol boat. South Korean warships returned fire, sinking one and damaging several others. The north-south clashes are casting a pall over South Korean president Kim Dae Yung's engagement policy with the republic's northern neighbour but the government insisted that the policies should proceed consistently and continuously.
New Lloyd's syndicate underwrites Miller FIXED premium hull insurance to be offered by mutual manager Thomas Miller will be underwritten by a new Lloyd's syndicate backed by insurance giant Swiss Re and managed by Chartwell Managing Agents, it was revealed yesterday.
Coca Cola health scare A worker at a Brussels supermarket removes bottles of Coca Cola from a shelf yesterday after Belgium's health minister decided to withdraw all Coca Cola products from sale after new cases of illness among people who had drunk the product.
Cooke stirs up debate in Baltic election BALTIC Exchange shareholders have
Three join forces to cut costs ACOMARIT Group of Geneva, World-Wide Shipping Agency in Singapore and Teekay Shipping of Nassau have formed a joint venture to combine their buying of marine supplies.
Tidewater to buy vessels from troubled Hvide TIDEWATER has agreed in principle the acquisition of six offshore support vessels from financially troubled Hvide Marine, which is selling the vessels in a bid to stave off its looming cash crisis.
HMAS Torrens anchored off the coast of Perth A Royal Navy weapons capability demonstration yesterday saw the retired destroyer HMAS Torrens anchored off the coast of Perth, Western Australia, torpedoed by Collins-class submarine HMAS Farncomb, in a bid to justify continued initiatives regarding the A$5bn sub project, which has been experiencing problems and is expected to register criticism in a government report.
La Maasvlakte Deux devient réalité La ministre néerlandaise du Transport Tineke Netelenbos, s'est laissée convaincre du fait que le manque d'espace qui menace le port de Rotterdam ne peut être compensé par les ports zélandais et Moerdijk. Le cabinet a en conséquence approuvé le rapport intérimaire Project Mainport Rotterdam et donne de la sorte le feu vert à l'aménagement de la Deuxième Maasvlakte. La ministre a laissé entendre que le développement se fera en phases et que la première phase de 500 ha ne pourra être entamée qu'en 2002. "Que Rotterdam commence par vérifier si tout l'espace disponible est utilisé de manière optimale", a déclaré la ministre.
Fret aérien: les produits td sont une forme dissimulée de hausse de tarifs Les services de fret aérien à délai garanti (td) ne tiennent pas leurs promesses et sont une forme dissimulée de hausse de prix. C'est ce qu'a déclaré Birgit Heftrich de la division Achat et Logistique de Siemens à l'occasion de la plate-forme de fret aérien à Munich.
Mosolf et Hödlmayr s'allient en Europe de l'Est Les transporteurs de voitures autrichien Hödlmayr Ges (Schwertberg) et allemand Horst Mosolf Internationale Spedition (Kirchheim) ont signé un accord de coopération visant à la création d'une joint-venture en Europe de l'Est.
La navigation fluviale est freinée dans ses ambitions Les autorités parlent souvent du transfert nécessaire du flux de marchandises de la route vers le fluvial comme étant une des réponses à long terme à la problématique de la mobilité. De réels efforts en ce sens sont d'ailleurs fournis à divers niveaux. Mais les opérateurs fluviaux ne peuvent s'empêcher de constater que la réalisation des mesures annoncées peut en soi se faire attendre relativement longtemps et qu'ils restent confrontés à des situations freinant considérablement l'expansion du trafic par voie d'eau. C'est ce qui est ressorti une fois encore de l'inauguration officielle du nouveau Container Terminal Gent (CT Gand) vendredi dernier.
BG Wins Preliminary Israel Offshore Permit BG Plc has reportedly won a permit for preliminary oil and gas exploration assessment rights to part of a substantial offshore Israel concession.
Kvaerner To Build Two Tankers For Odfjell Kvaerner ASA will reportedly build two 37.500 dwt chemical tankers for Norway's Odfjell at its Kvaerner Floroe shipyard.
German, Hong Kong Firms To Build Bahamas Shipyard Lloyd Werft shipyard and Hong Kong-based conglomerate Hutchison Whampoa Ltd. will reportedly join the Grand Bahama Port Authority to build a $70 million ship repair yard in the Bahamas.
BG Wins Preliminary Israel Offshore Permit BG Plc has reportedly won a permit for preliminary oil and gas exploration assessment rights to part of a substantial offshore Israel concession.
Kvaerner To Build Two Tankers For Odfjell Kvaerner ASA will reportedly build two 37.500 dwt chemical tankers for Norway's Odfjell at its Kvaerner Floroe shipyard.
German, Hong Kong Firms To Build Bahamas Shipyard Lloyd Werft shipyard and Hong Kong-based conglomerate Hutchison Whampoa Ltd. will reportedly join the Grand Bahama Port Authority to build a $70 million ship repair yard in the Bahamas.
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