Triangle Petroleum Corporation reports that the board of directors has reviewed the Company’s portfolio of projects in detail and has elevated the 516,000 gross acre (806 square miles) Windsor Block in the Maritimes Basin to Triangle’s primary shale gas project. The Company has also elected to sell
The Volvo Ocean Race will field an entry in an iShares Cup Extreme 40 series which will feature larger fleets and the potential for a host of America’s Cup combatants in 2008. The Volvo boat will be skippered by Herbert Dercksen, of TornadoSports, the manufacturers of the boats. Dercksen was the fou
Aker Kvaerner has won a contract for the delivery of a complete deepwater marine drilling riser system with buoyancy package and associated equipment. The client, who is undisclosed, has also signed an agreement to buy an additional buoyancy package for a drilling riser system it purchased from Aker
Imtech announces the acquisition of Van Berge Henegouwen Installaties B.V. (VBH). The total purchase price (including earn-out) is based on about five times the EBIT and will be paid in cash. The acquisition will contribute directly to the profit per share. The management of VBH will stay on after t
Hiab, the business area providing load handling solutions within Cargotec has concluded an agreement to acquire the majority of the operations of South African Bowman Cranes (Pty) Ltd, Hiab’s long term agent in the region. The deal is subject to the approval of Competition Commission and other relev
Kalmar, the business area providing container handling solutions within Cargotec, has received an order for 12 E-One rubber-tyred gantry (RTG) cranes from South America’s largest container terminal operator, Santos Brasil S/A, operating at the Port of Santos. The 7+1 wide and 1-over-6 high units wil
A new 115,000-tonne cruise ship has set sail for its home port of Southampton ahead of its official entry into passenger service. Ventura, which can carry up to 3,600 passengers, will be named by actress Dame Helen Mirren at the Hampshire port on 16 April.
A board of inquiry in Australia is to investigate the sinking of a World War II cruiser, following the discovery of its wreckage. HMAS Sydney came under attack from the German cruiser Kormoran in late 1941.
A cargo vessel which broke down off Cape Wrath in the north of Scotland is being towed to Ullapool.
Sunreef Yachts announced the second order in two months for a superyacht in the Sunreef series. Just months after beginning construction of a Sunreef 102 Double Decker, Sunreef’s in-house design team has developed a new concept – at 106 feet,a fast, high-performance but luxurious multihull, the Sunr
Van Oord and IHC Merwede have reached agreement on four split hopper vessels to be built at the Dalian Liaonan Shipyard in Dalian, China. The vessels to be built are part of our current investment programme. The vessels are long over all, 18 m wide, have a hopper capacity of 2,850 m³ and they have [
Euroseas Ltd., an owner and operator of drybulk carriers, container ship and multipurpose vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced today that a subsidiary of the Company has entered into a one year time charter period agreement for one of its
The remainder of the container ship, MSC Napoli, is to be finally removed from Lyme Bay after 15 months. The ship ran aground off the coast of Branscombe, Devon in January 2007, causing mayhem as scavengers swarmed to the area to loot through the crates that had washed ashore containing goods from m
Officials investigating the deadly sinking of the Seattle-owned fishing vessel Alaska Ranger on Saturday said they are interviewing survivors as well as looking into reports of blocked passageways possibly impeding escape, incomplete maintenance and the failure of those in the lifeboats to remain to
