Robotic welding takes over in shipyards

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Cryogenic freezing “best in the world”

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Top News – March 24 to 30, 2014

first_imgCHEC Wins Two Projects in Trinidad and TobagoOn February 25, minister of trade, industry and investment of the Republic of Trinidad and Tobago signed the business contract for the transshipment port and dry dock project and the Endeavour business development project in the country. Maldives: Boskalis Wins Massive Land Reclamation DealA contract signing ceremony for reclamation of six islands was held last month at the Ministry of Housing and Infrastructure of Republic of Maldives. VIDEO: Van Oord 2013 HighlightsVan Oord, the Netherlands based contractor for dredging and offshore projects, had a better business result in 2013 than in 2012. Vietnam: Damen Song Cam Shipyard Opens (VIDEO)On March 20, Vietnamese Minister of Transport Mr Nguyen Hong Truong, carried out the official Vietnamese ribbon-cutting ceremony for the latest addition to Damen Shipyard Group’s portfolio. VIDEO: Panama Canal Expansion to Enhance Panama’s ConnectivityThe Panama Canal Expansion Project will maximize Panama’s strategic location as an international maritime hub at the center of global trade.Dredging Today Staff, March 30, 2014last_img read more

SCS Multiport Adds Zeebrugge – Tilbury Route

first_imgPort of Tilbury, owned by Forth Ports Limited, and Port of Zeebrugge / MBZ have announced that SCS Multiport will add a brand new route to their current Amsterdam-Tilbury service to deliver Far East deep sea transhipment and continental loads between the container ports of Tilbury, Amsterdam and Zeebrugge. This new regular service, which begins on August 3, will run twice weekly directly between Zeebrugge and Tilbury, connecting East / West shipping lanes with the main trade route for London and the South East.SCS Multiport as the operator for the strategic partnership – will carry new transhipment volumes between Tilbury’s London Container Terminal and the deep water port of Zeebrugge, providing an East / West link into Tilbury, as well as a North / South link for Zeebrugge.In addition, SCS Multiport will as part of their close connection with CWT Europe (CWT Europe is one of the main shareholders), carry general goods from Western Europe and from Turkey, Bulgaria and Romania.Joachim Coens, CEO of the Port of Zeebrugge said: “This connection gives a unique and faster connectivity for our deep sea cargo into the heart of London. Furthermore, it strengthens both ports’ network into the European market.”The agreement will focus on enhancing container cargo volumes at Port of Zeebrugge and London Container Terminal (LCT) in Tilbury which is the UK’s 3rd largest container terminal.Zeebrugge’s container volumes are largely dominated by deep sea Far East volumes, while LCT has a particularly strong position on the South America trades through customers such as MSC, Maersk and CMA-CGM.[mappress]Press Release, August 1, 2014last_img read more

HSH Nordbank Seeks Owner

first_imgHSH Beteiligungs Management has started a bidding process to sell the majority of the shares in Germany’s HSH Nordbank, one of the world’s biggest providers of shipping finance.HSH Beteiligungs Management, owned by the Federal States of Hamburg and Schleswig-Holstein, is putting up for sale up to 94.9% of HSH Nordbank’s shares as part of the bank’s privatization efforts. In May 2016, the European Commission said that the bank’s privatization has to be completed by the end of February 2018.The seller plans to dispose of all of its shares in HSH Nordbank, Citigroup Global Markets Deutschland, appointed to organize the sale, said.“HSH Nordbank has been significantly de-risked and restructured over the last years. As a result, HSH Nordbank’s profitability has continuously improved,” Citigroup said, adding that the bank posted a pre-tax profit of EUR 183 million (USD 197 million) during the first nine months of 2016.Expressions of interest should be submitted by February 27 and submissions of indicative bids are planned for March 31, 2017, according to Citigroup.The transaction will be subject, inter alia, to a parliamentary approval both in Hamburg as well as in Schleswig-Holstein.In June 2016, HSH Nordbank transferred a portfolio of non-performing loans from ship financing with a volume of EUR 5 billion (USD 5.5 billion) to hsh portfolio-management AöR of majority owners Hamburg and Schleswig-Holstein.With this move, the bank reduced its troubled assets, in line with the EU state aid proceedings.HSH Nordbank encountered financial problems in 2008 as the financial crisis disrupted a number of maritime loans, worth billions of euros.last_img read more

Your local builder

first_imgGet your free guest access  SIGN UP TODAY To continue enjoying Building.co.uk, sign up for free guest accessExisting subscriber? LOGIN Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to building.co.ukBreaking industry news as it happensBreaking, daily and weekly e-newsletters Subscribe now for unlimited access Subscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our communitylast_img read more

Post-Brexit immigration: What happens now?

first_imgSubscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our community Get your free guest access  SIGN UP TODAY To continue enjoying Building.co.uk, sign up for free guest accessExisting subscriber? LOGIN Subscribe now for unlimited access Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to building.co.ukBreaking industry news as it happensBreaking, daily and weekly e-newsletterslast_img read more

Brest prepares for renewable energy

first_imgFor the project, which will see the construction of a 400,000 sq m area and a heavy load quay for the large components used in the offshore renewable energy industry, Blue Water Shipping has acted as port agent for several coasters arriving in Brest with sheet piles.In total, the region will be investing around EUR220 million (USD258 million) in the project, which is scheduled to be completed in 2020.”This upgrade will hopefully attract large players from the offshore industry,” says Marianne Girardin, marine and renewables manager at Blue Water Brest. www.bws.netwww.brest.port.frlast_img read more

Jackson LJ calls for court funding rethink

first_imgLord Justice Jackson has issued a plea for the government to stop relying on litigants to meet the costs of the justice system.In his new book, launched last night, Jackson says it was inappropriate for judges to campaign on the issue – but stresses there is an ‘important point of principle’ at stake.Jackson’s review of civil justice was largely enacted through the Legal Aid, Sentencing and Punishment of Offenders Act in 2013. Since then, however, the government has introduced a series of fee increases which campaigners fear is pricing people out of the courts.In the book, The Reform of Civil Litigation (Thomson Reuters, £79) Jackson says the civil courts play a vital role in maintaining social order and in the proper functioning of the economy. But he adds that it would be wrong ‘for the entire cost or most of the cost of the civil justice system’ to be shifted from taxpayers to litigants.The book addresses many of the controversies that have arisen from his eponymous report, which recommended the abolition of recoverability of success fees and ATE insurance, as well as greater use of fixed recoverable costs for civil cases.The judge spoke earlier this year about the need to expand fixed costs beyond personal injury, and the government last week started consulting on how to implement such a change.Jackson added: ‘As a serving judge I have written the book in order to promote a proper understanding of the reforms and better litigation practice.‘I also hope the book can help encourage the proper implementation of those recommendations for reform which are as yet unimplemented or only partly implemented.’Lord Justice Jackson will be speaking at the Law Society’s Commercial litigation conference on 10 October 2016. Find out more and register for the event.last_img read more

Zaragoza Goya station opens

first_imgSPAIN: Development Minister Ana Pastor officially opened the new station at Zaragoza Goya on April 3. The station has been built at a cost of €44m and is served by the RENFE suburban route from Casetas to Miraflores.Regional services to Castejón de Ebro, Arcos de Jalón, Huesca and Lleida also call at the new station, which offers interchange with Line 1 of the Zaragoza tram network.last_img