The fisheries minister has been told how the industry in Cornwall is working towards a sustainable future. Jonathan Shaw was in Newlyn and Penzance on the first of a three-day visit to Cornwall.
The French builder of the cruise ship Queen Mary 2 and another firm have each been fined 177,500 euros (£133,649) over an accident that killed 16 people. A walkway collapsed in November 2003, when the giant ship was in dry dock at Saint Nazaire in France.
A Royal Navy vessel on its way to a diplomatic tour in the Indian Ocean remains stuck in port after a second mechanical failure in three weeks. HMS Illustrious is in Portland, Dorset, after a system that stops oil being discharged from the ship became faulty.
Volvo IT has been appointed as the official IT supplier for the 2008-09 race. It will be the second consecutive race that Volvo IT has linked up with the prestigious event having provided IT solutions in 2005-06. Under the terms of the partnership, Volvo IT will be responsible for setting up and mai
The Italian public shipyard Fincantieri is studying a capital increase to bid for its Norwegian peer Aker Yards, the weekly Il Mondo said citing investment banks.
Fincantieri and the French owner Compagnie des Iles du Ponant (CMA CGM Group) have signed a preliminary agreement to build 2 super luxury ships. By adding this new brand to its customer portfolio Fincantieri – which has long been world leader in the cruise shipbuilding sector – has further consolida
After issuing a decree in November 2007 creating the Mixed Company PetroCedeño, the Venezuelan authorities issued on January 10, 2008 a decree transferring Sincor’s extra-heavy oil development operations in the Orinoco Belt to the new company. Total, state-owned PDVSA and the Venezuelan Ministry of
In 2007, West Siberian Resources Ltd successful exploration and development program added net proven and probable oil reserves of 64.8 million barrels. The net proven oil reserves increased by 48 per cent to 162.9 million barrels. Proven and probable (2P) reserves increased by 18 per cent to 361.0 m
Magnum Marine, the Miami-based manufacturer of the world’s finest high-performance yachts, will be launching its latest creation at the 2008 Miami Boat Show. The fabulous new Magnum 80’, with its bold styling and unbelievable power and performance, will certainly be one of the show’s main attraction
Riviera has taken orders for four new $4.7m flagship 70 Flybridges to be launched at Sydney Boat Show in late July This majestic new flagship of the Riviera fleet is a four cabin/ four bathroom model with sleeping capacity for up to 14 people, including 10 in the cabins.
Container trade at Hull docks has grown by four times the national average thanks to new business links with eastern Europe, figures show. Last year, the port’s container traffic grew 16% to 300,000 tonnes compared to average growth of 4% at other UK ports.
Golden Ocean Group Limited is pleased to advise that the Company has acquired two option two newbuilding contracts at Zhoushan Jinhaiwan Shipyard (Jinhaiwan) in China. The vessels of 80,000 dwt will be delivered during 2011 and are “sister vessels” of the series ordered in October 2007.
Lundin Petroleum is pleased to announce that Russia’s Federal Service for Supervising Natural Resources (Rosprirodnadzor) has issued the drilling permit for drilling the Morskaya-1 exploration well in the Lagansky block. Lundin Petroleum has currently a 70 percent net interest in the Lagansky block.
The first cruise ship to arrive at the port of Mombasa since violence erupted after the December 27 poll docked with 200 tourists. Mv Silver Cloud docked on Thursday for a daylong call enroute to Mahe, Seychelles.
