Caledonian Maritime Assets Limited (CMAL) has on 8th June announced that Lloyds Banking Group plc (LBG) will provide financing for a replacement vessel for the Stornoway to Ullapool route and has named Flensburger Schiffbau-Gesellschaft MBH & Co. KG (FSG), Germany as the preferred shipyard for the detailed design and construction of the vessel. CMAL will [...]
June 13, 2012 | Posted in
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The Western Isles are set to benefit from a new £41.8 million cutting-edge ferry, Transport Minister Keith Brown announced on June 8. The superior designed new vessel which is being commissioned by Caledonian Maritime Assets Ltd (CMAL) will: Be faster, quieter and more reliable than current vessels Be adaptable to accommodate growth in traffic Consume [...]
June 11, 2012 | Posted in
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China has inaugurated its most advanced deep-sea oil platform capable of operating at up to 3,000 meters under the surface of the ocean. This move boosts the country’s offshore tapping capabilities and enhances its leverage in securing marine resources often contested by other regional players. The announcement, seen as a major technology breakthrough, will serve [...]