The Japanese government has finally agreed to finance the Mombasa Port Development Project to the tune of 26.7 billion Yen ($250 million). The project, which is expected to be complete by 2018, will more than double the port’s current container handling capacity. It will involve the construction of
Foreign raider Mike Slade has revealed his quest for a world-first double in two of the toughest ocean races in the world is behind the costly decision to campaign his UK maxi City Index Leopard in the Rolex Sydney to Hobart race. As Australian yacht Wild Oats chases a record-equalling third line ho
A replica of a 19th century slave ship, which became a symbol of the anti-slavery movement after kidnapped Africans rose up on board against their captors, arrived on Sunday in Sierra Leone.
Rolex Sydney Hobart hopeful Scarlet Runner from Melbourne was today t- boned in the Sydney 38’s first race of the Rolex Trophy One Design Series. Scarlet Runner was sailing to the first mark in the first race today when they tacked onto starboard. With their sails filled and at full speed, there was
Sint Maarten, Netherlands Antilles – She is 13 years old but she does not look it: Nariida, the 105 foot ketch representing the first Wally revolution, is the fastest yacht of the first edition of the Transatlantic Maxi Yacht Rolex Cup 2007! She was the first maxi yacht to cross the finish line – at
Steve Humphries, skipper of the S&S 34 Huckleberry, who has been waiting in Esperance, WA for a truck to deliver his boat to Sydney, has sent this update. Humphries was delivering the boat to Sydney by water until he struck gale force winds and pulled into Esperance. Hooray. After six days late, fiv
Transocean Inc. today announced that its report of drilling rig status and contract information covering the company’s 140-unit offshore drilling fleet has been updated as of December 7, 2007. Drilling rig status and contract information on the company’s offshore drilling fleet has been condensed in
A 55,000-tonne car transporter which lost power in gales off Cornwall is heading towards a Belgian port. The Figaro had been floating in a gale without power five miles from the Wolf Rock lighthouse near the Cornish coast with 30 crew on board.
A new £300m cruise ship, which will eventually replace the QE2, has arrived in Southampton ahead of a naming ceremony. Queen Victoria travelled up Southampton Water and docked at 0930 GMT.
Stealthgas Inc., a ship owning company serving primarily the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that is has entered into contracts to acquire, from an unaffiliated party, two new 47,000 deadweight M.R. type product tankers ex yard for deliver
Hiab, the business area providing load handling solutions within Cargotec, has secured a significant order for 157 hooklifts from MAN Nutzfahrzeuge AG. The hooklifts will be installed onto MAN trucks and supplied to the German Defense Forces. The delivery of the hooklifts will start immediately and
A 75,000 tonne bulk carrier that has been stuck in mud off Gladstone, in central Queensland, since the weekend, has been refloated. The Endeavour River ran aground on Sunday, while bringing a load of bauxite from Weipa on Cape York.
A large oil tanker was gushing thousands of tonnes of oil off South Korea’s west coast today after being hit a barge, South Korea’s maritime ministry said. The Hong Kong-registered Hebei Spirit was struck while at anchor off Daesan port in the Taean region and the ministry said it had already leaked
StatoilHydro, who is operator for the rich gas pipeline from the Kvitebjørn and Visund fields to Kollsnes near Bergen, has decided to repair the line. Repair work will be carried out in 2008 and gas export from the two fields is halted while work is undertaken.
