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 June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Bahri to Buy Five More Oil Tankers from Hyundai Heavy

National Shipping Company of Saudi Arabia (Bahri) has signed a deal to buy a further five very large crude tankers from ship builder Hyundai Heavy Industries, the

DNV GL Holds Hearing of Ahead of New Rules Launch

More than 800 customers and stakeholders will receive the new DNV GL rules today as part of an external hearing process before their publication and entry into force.

A/S Trumf Bunker Joins KPI Bridge Oil Group

KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has announced the take over of A/S Trumf Bunker. A/S

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Salvage Ship Repair Ship Simulators Sonar 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: 0.2200 sec (5 req/sec)