Norwegian Ship Recycling Firm Takes over Kleven
Norway's ship recycling firm Green Yard is taking over the cash strapped Kleven Verft shipyard after the latter recently filed for bankruptcy.In a press release issued on Tuesday, and titled "Kleven is saved!," Kleven said that Green Yard had reached an agreement with the bankruptcy estate and the banks involved, to take over the Kleven Verft."The core competence is preserved and Green Yard Kleven will also in the future be one of Norway's most renowned shipyards…
US Rejects China's Claims in South China Sea
The United States on Monday rejected China’s disputed claims to offshore resources in most of the South China Sea, a move that Beijing criticized as inciting tensions in the region and which highlighted an increasingly testy relationship.China has offered no coherent legal basis for its ambitions in the South China Sea and for years has been using intimidation against other Southeast Asian coastal states, U.S.
Video: Salvaged Cargo Ship Kaami Recycled
MV Kaami, a general cargo vessel salvaged six miles off the northwest coast of Skye, Scotland after running aground in March, has been dismantled and recycled in Kishorn.Built in 1994, the 89.8-meter vessel, owned by Norway’s Misje Rederi, was sailing under the flag of Bahamas when it ran aground on March 23 this year. It was refloated by Resolve Marine Group and towed to Kishorn Port and Dry Dock…
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