Dutch shipping group Koninklijke Nedlloyd NV finalized the sale of its heavy transport arm Mammoet Groep to unlisted Dutch sector peer Van Seumeren Holland BV. Italy's Decafin SpA has also handed over its 33 percent stake in Mammoet to Van Seumeren, Nedlloyd said. As announced in May, the deal involves a total sum of $104.5 million, of which Nedlloyd will receive about $80 million euros.
Dutch shipping and tank storage firm Vopak NV said a member of its executive board had resigned due to "differences of opinion" regarding the company's future. Van Westenbrugge's resignation follows that of former vice-president Roelof Hendriks, who left the company last month in a dispute over the direction of the company, Vopak said.
Dutch shipping and tank storage firm Vopak NV reported that its ordinary net profit fell by 5.3 percent in 1999, but said it expected improvements this year. Net profit from ordinary activities fell to $163.2 million, from $174.4 million in 1998, roughly in line with analysts' forecasts and earlier indications from the company of a five to 10 percent drop. The weakness was largely due to a drop in earnings at Tanker Shipping as excess capacity pressured rates
Russia said it will announce final plans next week to raise the Kursk submarine, which sunk last year with 118 crew on board, a senior cabinet minister said on Friday. Russian authorities have promised since the nuclear-powered submarine sunk that they would raise it from its position about 43.5 miles north of the Russian port Murmansk and 328 ft. (100 m) beneath the surface of the Barents Sea. The date and technical details for the project will be set on Monday, officials said
Dutch Shipping Company Groen has ordered two Seismic Research & Support Vessels (SRSV’s) with Maaskant Shipyards Stellendam (Netherlands), part of the Damen Shipyards Group. Maaskant has broad experience in maintenance and repair of Offshore Support Vessels. However, an order for SRSV-newbuilds is a first. Director Frits van Dongen says: ”The vessels have been designed in cooperation with Saltwater Engineering (Netherlands) to meet the needs and experiences of Shipping
In the first week of August the Mexican Navy (Secretaria de Marina) and Damen Shipyards Group signed a contract for a fourth Damen Stan Patrol 4207. The Dutch ship design and shipbuilding company will supply the Mexican Navy with the design and material package with which ASTIMAR 1 (the Mexican Navy yard in Tampico) will build the patrol vessel. In addition, Damen will assist ASTIMAR 1 with technical support in order to optimize the delivery time and quality of the vessel.
Offshore oil and gas drilling continued to increase in the Dutch sector in the week ending June 9, with the rest of northwest Europe lagging behind last year’s levels, a report from consultants Arthur Andersen said. The number of wells started so far this year in the Netherlands was now just two less than the 10 spuds in the same period of 1998.
The motor vessel Sea Honesty, a 534-foot Panamanian flagged cargo ship, was guided to Dutch Harbor after reporting engine trouble on its way to Shinizu, Japan, 284 miles west of Dutch Harbor. The Coast Guard North Pacific Search and Rescue Coordination Center (RCC) received a request for assistance from the Sea Honesty. In response to the request, the RCC directed Coast Guard Cutter Alex Haley to accompany the vessel to Dutch Harbor for repairs.
Oceanwide, the leading international employment agency in the maritime field, announced today the acquisition of Norsk Bemanning AS from Barber Ship Management, a company within the Barber Group. With this acquisition OceanWide adds another subsidiary office to its already fast network of worldwide employment offices. The new subsidiary will operate under the name Oceanwide Norway AS. Norsk Bemanning is the crewing company of Barber Ship Management for their pool of Norwegian Officers
Wärtsilä has signed a three-year training contract with its long-time customer Wagenborg Shipping of the Netherlands. The agreement covers the training of more than 830 of the shipping company's crew members, and will be held at Wärtsilä Land & Sea Academy training centers. The training consists of about 70 courses a year. The program includes product specific instruction on diesel engines and propulsion systems, as well as customized training in electrical engineering
Royal Dutch Shell and the China National Petroleum Corp (CNPC) have signed a deal to boost cooperation in sectors like deep sea exploration as well as liquefied natural gas (LNG) and unconventional gas sources like shale, CNPC said on Wednesday.
Van Oord has been awarded a contract for dredging and maintenance work for the western access channel to the port of Surabaya in Indonesia. The client is Indonesian port company PT Pelabuhan Indonesia III (Persero). The contract is worth over EUR 50
The US Coast Guard say that the 'Fortunagracht', a 450-foot Dutch-flagged container ship, has delivered the first-ever load of containerized cargo to the Great Lakes. Before the establishment of the Cleveland-Europe Express, shippers relied heavily on rail service to transport goods from the
U.S. Coast Guard marine inspectors conducted safety and security examinations on the first-ever containership to arrive in Cleveland Saturday morning. The Fortunagracht, a 450-foot Dutch-flagged containership, delivered the first-ever load of containerized cargo to the Great Lakes.
The Defense Material Organization of the Royal Netherlands Navy (RNLN) has contracted Damen Shipyards Group for the delivery of five Harbor and Seagoing tugs. The contract has been made in cooperation with its Swedish counterpart: Swedish Försvarets Materielverk (FMV)
MacGregor, part of Cargotec, has won an order worth around €23 million for six active heave-compensated (AHC) subsea cranes from the Dutch IHC Merwede. The cranes will be installed on three pipe-laying ships destined for the U.K. headquartered global offshore specialist, Subsea 7
Boskalis inform that the Dutch Department of Public Works intends to award the contract for the salvage of the wreck of the car carrier 'Baltic Ace' to Boskalis and its partner Mammoet Salvage. Boskalis explain that the wreck and its cargo need to be removed because they pose a threat to the
Reuters - Royal Dutch Shell said on Wednesday that it had closed Nigeria's Nembe Creek Trunk oil pipeline on Saturday to stop leakage caused by theft. The pipeline pumps the Bonny Light grade of crude oil. Bonny Light exports for April are at about 95
The Dutch Department of Public Works intends to award the contract for the salvage of the wreck of the car carrier Baltic Ace to Boskalis and its partner Mammoet Salvage, Boskalis announced in a press release late last week. The wreck and its cargo need to be removed because they pose a threat
Representatives of Mammoet and other Dutch companies visited Tanzania to explore potential construction projects and investment opportunities in the East African country which has impressive growth rates and large stocks of underseas gas it is looking to develop.
On Saturday, March 8, Dutch Defense Minister Jeanine Hennis-Plasschaert ceremonially named the Karel Doorman, the new Joint Support Ship for the Royal Netherlands Navy. The ceremony took place in Vlissingen at the shipyard operated by Damen Schelde Naval Shipbuilding. With a length of 204
Multilayered approach deters criminals and prevents unwanted boarding Westmark BV has recently performed a test in which passive nonlethal equipment served in a multilayered strategy to protect fishing crews from the threat of robbery at sea
Qatar Gas Transport Co (Nakilat) said on Tuesday that a joint venture between it and Dutch shipbuilder Damen had won orders worth 3.1 billion riyals ($850 million) to build seven vessels for the Qatari armed forces. The vessels to be built by Nakilat Damen Shipyards Qatar comprise six
Innovative Damen, Delft University of Technology and De Vries Naval Architects gain royal approval Damen Shipyards Group announced it worked with Delft University of Technology to design and apply the latest in the field of shipbuilding for the new prototype (search and rescue) SAR 1906 lifeboat
With the departure of the vessel Fortunagracht out of Antwerp, Belgium over the weekend, the Cleveland-Europe Express service between the Cleveland Harbor and Europe via the Saint Lawrence Seaway has officially launched. The vessel is loaded with breakbulk and containerized cargo and is set to