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 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

 
 
Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
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: 0.1747 sec (6 req/sec)