The official prizegiving took place today, New Year’s Day, at the Royal Yacht Club of Tasmania in Sandy Bay where the His Excellency, the Honourable William Cox, Governor of Tasmania, and RYCT Commodore Alastair Douglas among other dignitaries, presented numerous trophies and awards to the race comp
Perini Navi celebrates the end of 2007 with the sale of a 45 metre cutter, hull number C. 2146. This steel hulled sailing yacht will be the 53rd vessel in the Perini Navi Fleet that comprises 41 yachts in navigation and 12 units under construction for a global value exceeding 300 mln Euros.
The sixth unit of the successful Wally 80 is sold and the construction is already under way at WallyEurope facility in Fano, italy, with the delivery scheduled for spring 2009. The Wally 80.6 is the flush deck, fixed keel, three cabin version, wide deck skylight of the 24-meter (80-foot) design comb
Six regattas and three boat shows are the appointments of this year for the Wallys. The calendar opens with the Wally Class first appointment of the racing season: the Pirelli Trophy in Portofino, Italy, organised by the Yacht Club Italiano, May 1-4. This event offers a breathtaking view of the big
Mariner Energy, Inc. announced today that it has closed its previously announced acquisition of additional Spraberry interests in the Permian Basin from an undisclosed party for approximately $122.5 million. Mariner acquired an approximate 56% working interest in approximately 32,000 gross acres in
Cypress Hills Resource Corp. is pleased to announce that Cypress Hills (USA) Resource Corp., its wholly owned subsidiary and its partners have spud the initial test well on the Armstrong Ranch Project in Kenedy County, Texas. The Tobin Armstrong No. 2 well will be drilled to a depth of 10,500 feet t
As the year closes, the situation regarding piracy on the high seas remains of serious concern with the African region showing the greatest risk to seafarers. Waters off Somalia, Kenya, Tanzania and Nigeria are all considered to be ‘hot spots’ with particular escalation with respect to the use of fi
Burger Boat Company, one of the world’s most historic and prestigious shipyards, delivered ARETI II to her owner the morning of December 21, 2007. She will now join her sister, ARETI I in St.Augustine, Florida until March of 2008 when ARETI II will travel to the Mediterranean. ARETI II is the second
Smit Internationale N.V. today agreed with Fairplay Towage to acquire Fairplay Towage’s 50% interest in URS. Through this acquisition SMIT will become 100% shareholder of URS, the leading towage provider in Belgium. The total consideration for this transaction amounts to EUR 182.5 million.
Hyundai Heavy Industries Co., the world’s largest shipbuilder, said it was aiming to win $27.4 billion worth of orders in 2008 from an estimated $26.9 billion in 2007, the South Korean firm said on Monday.
Eleven sailors are feared drowned after the timber-laden ship they were sailing on sank in Brunei Bay near Malaysia’s Labuan island last Wednesday, local media reported on Monday. The Thailand-registered MV Emerald left Kota Kinabalu Port, Malaysian eastern Sabah state, on Dec. 24 and was heading fo
Divisional winners gathered dockside this morning in Hobart for the presentation of winner’s battle flags and the announcement of the overall winner to the public. While on stage at the presentation, local Tasmanian Justin ‘Juggy’ Clougher, bowman of the winning boat Rosebud from the US, was suddenl
Rock star Sting has hired one of the most expensive yachts on Sydney Harbour as a floating palatial home base for his family ahead of the Australian leg of The Police’s world reunion tour. Sting, 56, accompanied by wife Trudie and their four children, flew into Sydney on Thursday and headed straight
Just after midnight the last yacht, Capriccio of Rhu, with the indomitable Michele Colenso at the helm, crossed the finish line to bring down the curtain on the Rolex Sydney Hobart ocean racing classic for another year. It was a fine achievement by this cruising yacht, the only one in its division,
