Navicomm Marine Systems have recently installed the first KVH TracPhone V7 mini VSAT terminal on a European flagged yacht. The 54m Perini Navi yacht is used extensively for charter and the client wished to provide their guests with a broadband internet solution.
An aerial search covering 1,100 kilometres of the South Pacific from Auckland to Norfolk Island failed Wednesday to find any trace of a large schooner with nine people on board which is overdue. A New Zealand rescue team is continuing its search for a missing yacht carrying nine people, including fo
Boustead Yachts Langkawi, a member of Boustead Heavy Industries Corp Bhd (BHIC), will build two 74-metre super yachts and market them through Monaco Yachting Technologies (MYT).
Chinese shipyards have been urged to tap an opportunity thrown up by a project to widen the Panama Canal to design new vessels which use the waterway, according to an industry executive. Work on the US$5.25-billion expansion started in September, and is expected to be completed in August 2014, in ti
THE Royal Malaysian Navy is looking at acquiring the capability of protecting its two Scorpene diesel-electric submarines. Royal Malaysian Navy chief Admiral Tan Sri Ramlan Mohamed Ali said the submarines could take offensive action ‘but we need the capability to protect the submarines from someone
Oceanteam ASA announced today that it has merged its Hydragrid business with IMERA Power. At the same time IMERA Power announced today that it has been awarded a license by UK Regulator OFGEM to build two underwater interconnectors between the Republic of Ireland and Wales, UK. The commercial terms
Urban Voyage, a New Zealand based 3D Design Studio have introduced Supercomputing power to the Superyacht industry through a recent collaboration with yacht owners and award winning builder ‘Yachting Developments’ in project ‘Bristolian’.
The first of two foreign raiders with their eye on ending Australia’s recent domination of the Rolex Sydney to Hobart yacht race has snuck into town as stealthily as the animal she is named after. The British super maxi City Index Leopard motored through Sydney Heads and down the Harbour on Saturday
BP today announced the successful start-up of the world’s deepest subsea multi-phase pump project, a breakthrough in application of a technology with the potential to increase recovery of oil from deepwater fields. Installation of the two subsea pumps and associated equipment at the King field in th
BP announced today that it is moving into the Canadian oil sands by acquiring a half-share in the Sunrise field in Alberta operated by Husky Energy. At the same time Husky will acquire a half share in BP’s Toledo oil refinery in Ohio, US, between them forming an integrated North American oil sands b
StatoilHydro has together with operator Anadarko Petroleum Corporation and its co-owners made an oil discovery at the West Tonga prospect in the deepwater US Gulf of Mexico. The West Tonga prospect is located in Green Canyon block 726, close to the Tonga discovery where StatoilHydro also has a worki
Eitzen Chemical ASA has reached an agreement to sell the SICHEM METANOL (6,525 dwt, built 1984). The delivery is expected to take place before 5 January 2008. The company will book a gain of approximately USD 0.8 mill. from the sale.
Volga Gas Plc, the independent gas exploration and production company, which currently holds four subsoil licences in the Volga region of European Russia, today announces that oil production has commenced from Uzenskaya £1 and first revenues have been received. The Company has structured an agreemen
Chevron Corporation today announced a $22.9 billion capital and exploratory spending program for 2008, a 15 percent increase from estimated outlays of $20 billion in 2007. Included in the 2008 program are $2.6 billion of expenditures by affiliates, which do not require cash outlays by Chevron’s cons
