Ship acquisition and modernization programmes of Indian shipping companies have paved way for better operating numbers for the top three private shipping companies – Great Eastern Shipping (GE Shipping) Varun Shipping (Varun) and Mercator Lines (MLL) – which declared their financial results for year
Wärtsilä Corporation, Trade & Technical Press release, 26 May 2008 Wärtsilä Corporation of Finland and Mitsubishi Heavy Industries Ltd of Japan have signed a joint development agreement to design and develop new small, low-speed marine diesel engines of less than 450 mm cylinder bore. The two compan
Releases Summary of Stock Exchange Releases 2007 Summary of Stock Exchange Releases 2006 Order Releases Reports Presentations Webcasts Order Publications Image Bank Media Contacts Press Release, May 26, 2008 at 1.00 p.m. Finnish time Cargotec’s MacGREGOR business area providing marine cargo handling
Somali pirates hijacked a Panama-flagged cargo freighter off Somalia as it was sailing to the Romanian port of Constanza, AFP reports quoting a Kenyan maritime official. The ship is owned by Dutch Reider Shipping. The ship was hijacked in international waters in the Gulf of Aden. The crew members ar
Watch enough of the world’s best in action and it’s easy to forget that even Olympic sailors get wet sometimes when things go pear shaped.
Thirty-three year old Samantha Davies has become the first Briton to finish The Artemis Transat 2008 solo race in Boston, USA. Samantha sailed her 60-foot monohull Roxy across the finish line at 23:00:51 GMT (19:00 local time) yesterday (26 May) in a time 15 days, 10 hours, 00 minutes and 51 seconds
At 15:00 ECT yesterday ICAP Leopard, the Farr designed 100ft supermaxi owned by Mike Slade, departed North Cove Marina, New York, to begin her transatlantic speed record attempt from Ambrose Light. ICAP Leopard will be looking to break the record currently held by the 246ft luxury yacht Phocea. Havi
Tuesday, May 27, 2008 Valiant Petroleum has started drilling its first UK North Sea exploration well on the Globe prospect with the Transocean Prospect semi-submersible.
The Lloyd’s Register Group and staff have donated more than 1.15 million yuan so far to aid the victims of this month’s devastating earthquake in Sichuan, China. Donations continue to be received.
TWO large buildings – one more than 57ft high – could soon change the skyline at Osprey Quay, Portland.
On May the 15th 1934, the William Starling Burgess Design J-Class Rainbow was launched at the Herreschoff Yard in Bristol, Rhode Island, USA. She was built to defend the America’s Cup against “Endeavour” in 1934. The first 2 races where tough for Rainbow but the last 4 races she beaded Challenger En
In addition to the many other contracts already detailed in Dredging News Online, DEME Group in Belgium reports that the company and its affiliates are also active in Australia. At Woodside on the west coast of Australia, DEME’s offshore subsidiary Tideway has obtained a contract for offshore trench
Due to high demand, Aker Solutions has decided to double the size of its RapidSolution well set programme. The RapidSolution was launched in September 2007 as a pre-configured system, with a dedicated stocking programme, that aims to provide a complete well set within a fraction of the traditional s
Press release 26/2008: StatoilHydro ASA, operator of production licence PL104, has concluded drilling of exploration well 30/9-21 S in the Oseberg area, about 7 km west of the Oseberg Sør platform. The result of the well indicates a commercial discovery in this area, in close proximity to existing f
