Kuwait Orders Boats from Sealegs

Friday, October 13, 2006
According to Radio New Zealand, Sealegs International says it has shipped its first amphibious boat to Kuwait and has received orders for five more. It says two boats are scheduled to be shipped each month to Kuwait over the next three months, the group's fastest entry into a new country market. It says the six Kuwait orders represent approximately $500,000 in forward revenue. This week Sealegs announced a deal in Asia. The Kunjang Shipbuilding Co in South Korea signed a distribution agreement for the Korean market and placed an order for five boats. The original deal was worth $400,000, and Kunjang agreed to buy at least another five to 15 boats once the market is established. source: Radio New Zealand
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Schlumberger Announces Q1 Results

Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.1169 sec (9 req/sec)