Eversendai Bags Liftboat Contracts

first_imgzoom Eversendai Corporation Berhad, and its wholly owned subsidiary, Eversendai Offshore RMC FZE, have been awarded contracts for the construction of 2 units of GustoMSC NG-2500X liftboats from Vahana Offshore (S) Pte. Ltd. at a combined value of approx $180 million.The contracts are for the engineering, procurement, construction and delivery of 2 units of fully equipped liftboats, Aryan and Arjun, in February and May 2016, respectively.Both units will be executed at Eversendai Offshore’s fabrication yard on a waterfront land measuring approximately 200,000 square metres with 550 metres of quayside in RAK Maritime City, Ras Al Khaimah in the United Arab Emirates.Each unit will consist of a rectangular hull and four 95 metre truss type legs; each with an electric driven rack and pinion jacking system, which will allow the unit to jack up in water depths of up to a maximum of 70 metres.The liftboat’s primary operating capabilities will include a 300 tonnes crane, accommodation for a minimum of 150 personnel and propulsion by its own thrusters to a speed of 5 knots, as well as Dynamic Positioning (DP-2).Tan Sri A K Nathan, Executive Chairman and Group Managing Director of Eversendai Group said, “This is a breakthrough contract for Eversendai; one which will see us provide our proven skills in a brand new sector. With our tagline, ‘Towering – Powering – Energising – Innovating’, Eversendai is continuously looking at delving into new opportunities in inter-related industries.”May 28, 2014last_img read more

Myanmar upcoming referendum must be inclusive transparent – Ban Kimoon

11 February 2008Reacting to Myanmar’s announcement of a constitutional referendum to be held this May, Secretary-General Ban Ki-moon today called on authorities to ensure that the process represents the views of all of the South-East Asian nation’s people. The Government also announced that the upcoming referendum will be followed by “multi-party democratic elections” in 2010, marking the first establishment of a timeframe for Myanmar to implement its “political roadmap process.”Mr. Ban “renews his call to the Myanmar authorities to make the constitution-making process inclusive, participatory and transparent in order to ensure that any draft constitution is broadly representative of the views of all the people of Myanmar,” according to a statement issued by his spokesperson.The statement stresses that the Government must begin a “substantive and time-bound” dialogue with detained opposition leader Aung San Suu Kyi and other parties relevant to the national reconciliation process.Given the announcement of the referendum and elections, the Secretary-General underscored that it is crucial that his Special Adviser Ibrahim Gambari be able to visit Myanmar “without further delay.”Mr. Gambari plans to travel to the region shortly, his office said. He is scheduled to visit Beijing from 18-19 February, as well as Jakarta and Singapore. read more

UN official sounds alarm on increasingly global nature of organized crime

As organized crime increasingly transcends national borders, the best way to combat these networks is to strike at the heart of their markets, not just intercept criminal groups, the head of the United Nations Office on Drugs and Crime (UNODC) said today.Diffuse criminal networks with a global reach have replaced national criminal groups, and the modern crime business model values control over trafficking routes more than control over a single commodity, Antonio Maria Costa said at the start of the UN Commission on Crime Prevention and Criminal Justice, which opened its 19th session today in Vienna.“Arrest a few traffickers and others will take their places as long as there is money to be made by exploiting illicit flows,” he stressed.Transnational organized crime is increasingly being driven by market forces, and unlike terrorists or insurgents, these criminals do not have a political agenda, he added.“They are out to make money: they seek to buy low and sell high – maximizing returns and minimizing risk,” Mr. Costa pointed out.As a result, “countermeasures must disrupt those markets, and not just intercept the criminal groups that exploit them,” he said.The UNODC Executive Director called for a two-pronged approach to combat organized crime. First, he said, it is vital that security is bolstered, since traffickers tend to target areas wracked by instability and underdevelopment.“Peacebuilding and peacekeeping make fragile regions less prone to the conflict that affects crime,” Mr. Costa said. “In turn, fighting crime neutralizes spoilers who profit from instability.”What is also vital to fighting global criminal networks, he said, is increasing the risks of running criminal operations. The past two decades have shown that governance has failed to keep pace with globalization, resulting in the abuse of the economic and financial systems.“A laissez-faire system cannot work if the invisible hand of the market is manipulated by the bloody hand of organized crime,” the UNODC chief stressed, calling for enhanced vigilance.The latest session of the Commission on Crime Prevention and Criminal Justice will focus on issues ranging from the protection of countries’ cultural heritage from trafficking, as well as on the outcome of a UN gathering last month in Salvador, Brazil, that ended with a call for Member States to adapt their criminal justice systems to changing times, including through the use of new technologies.“Make no mistake: this review is not housekeeping,” Mr. Costa said today. “It is about building security and development through the rule of law, to ensure your people freedom from fear and freedom from want, in the respect of human rights.”The five-day conference is slated to wrap up on Friday. 17 May 2010As organized crime increasingly transcends national borders, the best way to combat these networks is to strike at the heart of their markets, not just intercept criminal groups, the head of the United Nations Office on Drugs and Crime (UNODC) said today. read more