First to announce their participation, an exclusive design deal with maverick Argentinian Juan Kouyoumdjian, an extensive R&D programme including access to the French Ministry of Defence tank test unit, a vastly experienced crew and lavish funding. Most of the ingredients were in place for Ericsson.
Of all the seven confirmed entries in the Volvo Ocean Race, the Alicante camp has been the most guarded with finer details about their campaign. This has led to speculation among the sailing fraternity and spawned a number of Spanish media theories. Initial rumours of an all-female entry have given
Revus Energy ASA announces today the preliminary results from the Oselvar appraisal well 1/3-10. The well proved oil/condensate and associated gas, and a production test was performed proving a flow rate of 530 Sm3 oil per day.
Infinity Energy Resources, Inc., an independent oil and gas exploration and development company, today announced that its wholly-owned Infinity Oil & Gas of Wyoming, Inc. subsidiary entered into a definitive Asset Purchase and Sale Agreement with Forest Oil Corporation on December 27, 2007.
Star Bulk Carriers Corp., announced today that it has taken delivery of the following three vessels: The M/V ‘Star Beta’ (ex B Duckling), a Capesize vessel of 174,691 dwt built in 1993. Star Beta has been committed to a two-year Time Charter at a gross daily rate of USD 106,500.
There will be a nourishing of investment projects in the seaport construction industry in Vietnam in 2008, said Vuong Dinh Lam, Head of the Viet Nam Maritime Administration. These projects are expected to significantly change the current seaport system in Vietnam, which is operating below its potent
A Bulgarian cargo ship with 11 seamen on board sank in rough weather in the Sea of Azov on the border between Russia and Ukraine on Thursday, the Bulgarian coastguard said.
The Federal Government has refused to confirm or deny claims the ship it pledged more than two weeks ago would be monitoring Japanese whalers within ‘a few days’ is still in port. Foreign Minister Stephen Smith announced last month the customs ship Oceanic Viking would shadow the Japanese whaling fl
The Estonian Maritime Administration has awarded a contract to Aker Arctic Technology Inc, Helsinki, Finland, for designing a new multipurpose icebreaker. The value of the agreement is close to EUR 6 million, including the development of the conceptual design, the basic design, preparation of the te
The Maritime and Coastguard Agency (MCA) said no-one on board had been injured and the ship appeared watertight. The vessel was carrying 4,148 containers, some of which was ‘hazardous cargo’, but they were reported to be secure. The exact nature of the materials on board was unknown.
Property and assets of Global Ship Systems, a longtime shipyard on the Savannah River, were sold at auction Wednesday for $17.95 million in front of the Chatham County Courthouse. Drawbridge Special Opportunities Fund LP had foreclosed on the property at 301 N. Lathrop Ave., and it was sold to DB GS
This new Diana design reminds to the famous Diana yacht’s of the 80’s like Jamaica Bay and Rio Rita. With her steel displacement hull in combination with classic lines and a beautiful canoe stern this yacht offers total luxury and comfortable cruising performance. With a range of 5,000 nm and maximu
AMELS, a global leader in the art of yacht building and member of the Damen Shipyards Group, has ten (10) newbuild projects in various stages of design, engineering, and construction. Inspired by this activity AMELS is undergoing a phased improvement of its extensive Vlissingen facilities on the Nor
In December 2004 Blohm & Voss announced the contract for a 118-meter motor yacht, project name Sigma (hull number 970). The yacht is designed by renowned French designer Philippe Starck, but no more details were revealed. The drawing that was released together with the statement however said more th
