AKM, LLC - Volks Constructors Division

Pirates attacked a South Korean-flagged cargo ship in the South China Sea early on Monday, stealing thousands of dollars in cash and even the sailors' shoes, South Korean authorities said.Two people sustained minor injuries when seven pirates boarded the CK Bluebell and made off with $13,000 and belongings including mobile phones, clothes and shoes from the 22-strong crew, officials from the oceans and fisheries ministry said.Tougher policing has made piracy less frequent on the strategic shipping route in recent years.

A Belgian consortium has launched a project in high-wave offshore solar technology with the aim of building floating solar parks in the North Sea.Large maritime market players Tractebel, Jan De Nul Group, DEME, Soltech and Ghent University formed a consortium and announced the launch of an innovative project in the field of marine floating solar technology.The consortium strongly believe that solar photovoltaic (PV) panels in offshore waters are one of the essential future green energy sources. Combined in the same location with aquaculture and offshore wind power, this innovative technology allows for a more efficient use of available space.

Iran's Revolutionary Guards said on Friday they had captured a British-flagged oil tanker in the Gulf after Britain seized an Iranian vessel earlier this month, further raising tensions along a vital international oil shipping route.Britain said it was urgently seeking information about the Stena Impero after the tanker, which had been heading to a port in Saudi Arabia, suddenly changed course after passing through the Strait of Hormuz at the mouth of the Gulf.The Revolutionary Guards said they seized the tanker at the request of Iranian maritime authorities for "not following international maritime regulations," state television reported.

Tillberg Design of Sweden has been a central player in the six-year quest to envision, design, build and launch The Ritz-Carlton Yacht Collection brand. It has had a hand in all design aspects, from vessel exterior and interior, down to the service organization and the crew uniforms, as Fredrik Johansson, MA, Partner, Executive Project Director, explains.“Everything was designed from scratch with one thing in mind: the guest experience,” is how Fredrik Johansson neatly summarizes the quest to deliver the Ritz-Carleton brand to the water. The ship, when delivered from Hijos de J. Barreras Shipyard in Vigo, Spain, later this year, will measure 624 ft.

The very first production vessel destined for operations offshore Guyana has departed Singapore en route to the ExxonMobil-operated Stabroek block off the northeastern coast of South America.The Liza Destiny floating, production, storage and offloading (FPSO) vessel is expected to arrive in September ahead of first oil planned in 2020.The FPSO, which was converted from a very large crude carrier (VLCC) at the Keppel Shipyard in Singapore, is designed to produce up to 120,000 barrels of oil per day, will have associated gas treatment capacity of circa 170 million cubic feet per day, water injection capacity of circa 200,000 barrels per day and an overall storage volume of 1.6 million barrels.