Firm to Buy Seven Vessels

Wednesday, December 06, 2006
According to the Star, a Malaysian dredging and reclamation contractor Inai Kiara Sdn Bhd will purchase a fleet of seven vessels, including two dredgers from MSET Shipbuilding Corporation Sdn Bhd, a Terengganu based company. Both companies entered into an agreement on the purchase. The agreement signing was witnessed by Prime Minister Datuk Seri Abdullah Ahmad Badawi and Terengganu Menteri Besar Datuk Seri Idris Jusoh during a Commodores’ Luncheon hosted by the Terengganu Government at the Heritage Bay Club in Kuala Terengganu recently. Inai Kiara was represented by its executive director Kpt Hisham Hashim, while MSET chairman Hasnan Abdullah signed on behalf of his company. Hisham when met by reporters said the vessel-purchasing contract was the biggest awarded by Inai Kiara to a local shipbuilder. The agreement, he said, involved the purchase of a cutter suction dredger, two towboats, three barges and a water injection dredger . Source: The Star
Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Hapag-Lloyd Completes CSAV Merger Capital Increase

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping

Shipbuilding

Damen Outfitting First of Nine Bahamas Patrol Boats

The first of nine Damen Stan Patrol 3007s ordered by the Royal Bahamas Defense Force has arrived at Damen Shipyards Gorinchem in the Netherlands for outfitting.

Liquefaction Terminals to Dominate LNG Capital Expenditure

Capital expenditure (Capex) on global LNG facilities is expected to total $259 billion (bn) over the period 2015-2019, with investments expected to be 88% larger

New Chinese Shipyard Launches First Ship

The new shipyard facility of Honghua Offshore Oil & Gas Equipment Company in Jiangsu, China, has launched its first ship, an IMT982 Platform Supply Vessel. The vessel,

 
 
Maritime Security Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1597 sec (6 req/sec)