Bill Gates buys a chunk of NNS An SEC filing last week reveals that Microsoft chairman Bill Gates has bought himself an 8% piece of Newport News Shipbuilding
Yet more diesel consolidation Alstom of France and MAN of Germany (parent of MAN B&W) have agreed terms for MAN to acquire Alstom's diesel engine business.
OSG has a profitable 1999 Overseas Shipholding Group, Inc. operated profitably last year "despite the reduction in tanker demand resulting from OPEC-led oil production cuts."
New concept for offshore platform decommissioning Norway's ProSafe ASA and engineering company Global Maritime say they have developed a new concept for removal of installations offshore. The concept is based on the use of semi-submersible service rigs
MHI set to clinch Princess deal MITSUBISHI Heavy Industries is poised to sign firm contracts to build two 109,000 gt cruiseships for P&O subsidiary Princess Cruises which will trigger plans to convert the smaller slipway at its main Nagasaki Shipyard into workshops for the order.
Bill Gates buys $69m stake in Newport News SO MUCH for all the hype about the new economy. Microsoft chairman Bill Gates (left) has snapped up 8% of Newport News shipyard, a good old-fashioned metalbashing business if ever there was one, writes David Osler.
Wilhelmsen sales signal new outlook NORWAY'S Wilh. Wilhelmsen Group yesterday repeated its desire to sell its two VLCCs, Tartar and Tarim, but said it was not so desperate that it would let them go at any price.
Kvaerner inches towards disposal of shipyard subsidiaries KVAERNER is negotiating a sale of its Masa-Yards subsidiary in Finland but the disposals of the Warnow-Werft and Philadelphia shipyards appear more complex.
Widow wins four-year Shell battle IT has taken Betty Jeromson four years to get a judgment in her favour in her court case against Shell Tankers for negligently exposing her husband to asbestos.
John Kearsey goes back to SSY MARITIME Strategies International is losing its director of dry bulk research to London shipbroker Simpson Spence & Young.
Stena acquisition waits on Oslo ruling STENA Line is facing an anxious wait of several months before discovering whether its controversial SKr560m ($65.1m) bid to acquire Scandlines AB from Swedish Railways will be successful.
BMT surges ahead on acquisition strategy BRITISH Marine Technologies' aggressive acquisition strategy had a knock-on effect on profits last year, but the company still managed to achieve a 10% increase in turnover, writes Dale Wainwright.
Ocean (MSAS Global Logistics) et NFC (Exel) vont fusionner Le mouvement des fusions et acquisitions ne s'essoufle toujours pas. Hier lundi, ce sont deux groupes britanniques qui ont annoncé leur intention de fusionner: Ocean Group (qui opère sous le nom de MSAS Global Logistics) et NFC (qui devait changer de nom dans quelques jours pour devenir Exel). La valeur totale du nouveau groupe - appelé à s'appeler Exel - sera de 2,75 mia. de GBP (180 mia. de BEF).
G. Aponte (MSC): "Si la tendance est à des PC de 10.000 TEU, nous suivrons" "Nous avons commandé 10 PC de 6.700 TEU que nous alignerons sur la route Europe-Far East. Pour l'instant, c'est la taille qui semble devenir courante. Nous suivrons les tendances que développeront les autres armements. S'ils optent pour des PC de 10.000 TEU, nous suivrons. Encore faudra-t-il qu'il y ait du trafic en conséquence. Néanmoins nous suivrons ce qui se passera à l'échelle mondiale", C'est ce que nous a déclaré Gianluigi Aponte, fondateur et président de grand armement Méditerranean Shipping Cy.
Allier sécurité et efficacité dans l'arrimage des containers en pontée Le secteur de la manutention de containers connaît une évolution technologique rapide, mais entre toutes ces lourdes boîtes et ces grands engins il reste des tâches manuelles qui doivent être effectuées par des ouvriers, que ce soit sur quai ou sur le toit des containers arrimés sur le pont des navires. Cela entraîne des problèmes de sécurité qui réclament des réponses adéquates. Arrimer et désarrimer ces containers de manière sûre, rapide et efficace est d'une importance vitale pour toutes les parties concernées, du dockers à l'armateur en passant par le manutentionnaire.
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