US-based Tricon Marine, a builder of custom luxury yachts of up to 180ft (55m), has opened China's first and only North American-owned and operated shipyard just outside Zhuhai in China's Guangdong province. Tricon says that the 55,000sq m facility will operate to the highest American and European standards of craftsmanship, cleanliness and security. ...
Hyundai Heavy Industries Co, the world's largest shipbuilder, said that it received 1.2 billion won (S$1.6 million) in bonuses from clients for delivering vessels an average of about two months ahead of schedule. About 85 per cent of the 33 vessels it delivered this year were completed before the deadline, Ulsan, South Korea-based Hyundai Heavy said ...
In the first quarter of 2008, net loss of shipbuilding plant Severnaya Verf grew by RUR 5.3 million, year-on-year, to RUR 120.8 million, the company informs. In the reported period, the company’s revenue totaled RUR 557.8 million. Shipbuilding plant Severnaya Verf (Severnaya Verf OJSC, St. Petersburg) is one of the largest shipbuilding companies in Rus...
Europe’s leading multimodal container operator Samskip has added Greece to the list of countries in Southern Europe that it now serves by road and rail. It has appointed one of Greece’s major transport and logistics specialists, Carel Ltd, as its agent and has launched rail services linking Mannheim and Rotterdam with Athens and Thessaloniki. Paul J...
On May 15 the Board of Directors of Far-Eastern Shipping Company Plc., the issuer of shares for FESCO Transportation Group, passed the resolution to issue 590,250,000 new common shares. The additional issue will be placed through open subscription, existing shareholders are granted preemptive right to acquire pro-rata number of new shares. According t...
Wartsila Corporation opened yesterday its first office in Oslo, as part of the company's strategy to establish a greater presence in Norway and to be closer to the customers. Currently, Wartsila has operations in Rubbestadneset, Stord, Haugesund, Stavanger, Bergen, Alesund and Trondheim. During the past year, the company has set up the offices in Haugesun...
The arrival of the passenger ship Albatros on 14 May inaugurated the 2008 cruise season at the Port of Gdansk. The vessel berthed at the Oliwskie Quay. Similar to previous years, passenger ships will be accommodated at the Oliwskie Quay and at the Westerplatte Ferry Terminal. This season, the Port of Gdansk is expected to host forty cruise liners, of ...
The cruise ship BRAEMAR (ex CROWN DYNASTY) from Fred. Olsen Cruise Lines has been docked on May 13, 2008 in dry dock ELBE 17 at Blohm + Voss Repair - a company of ThyssenKrupp Marine Systems. This ship will be extended by a 31,20 metre long midship section at the shipyard in Hamburg. After the conversion of the cruise ship BALMORAL from FRED. OLSEN CR...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi