A husband and wife from Shropshire are preparing to return home after being rescued from a cruise ship which sank in the Antarctic. Brian and Gillian Lee from School Grove, Oakengates, in Telford were on the M/S Explorer when it began taking on water on Friday.
We refer to the third quarter report released on November 15, 2007. Frontline Ltd. is trading ex-dividend of a cash dividend of $1.50 per share today November 26, 2007. The record date is November 28, 2007, and the dividend will be paid on or about December 12, 2007.
In the forecast presented in the third quarter report it was stated that freight levels of USD 28,000 per day in the product tanker market were required to meet the forecasted result of MSEK 65. The expected market upturn has not materialized and the freight levels have so far been substantially low
All of the participants in the first edition of the Transatlantic Maxi Yacht Rolex Cup are now moored in the Marina de Santa Cruz in Tenerife ready for tomorrow’s start. Racing, which will take place under IRC handicap, will take the seven competing yachts from Santa Cruz de Tenerife, the capital of
She’s for sale through Burgess for $34,450,000. The listing has some beautiful interior shots of this amazingly lavish 269-foot yacht. The yacht has accommodations for 28 in one master cabin, nine double cabins and four twin cabins.
A Japanese bank, in a move to decongest the port of Mombasa has extended a Ksh16 billion (about US$228.5 million) loan agreement to the Kenya Ports Authority (KPA) for construction of a three-phase second container terminal at the Port of Mombasa.
Multinational port operator Hutchison Port Holdings (HPH) has opened its US$244mn phase 1 expansion of the LCT container terminal at Lázaro Cárdenas port in western Mexican state Michoacán, HPH announced.
Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today it will release its third quarter and nine month results for the period ended September 30, 2007, on Thursday, November 29, 200
Keppel Shipyard Ltd (Keppel Shipyard), a wholly owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has been awarded a conversion contract, worth around S$100 million by Prosafe Production Pte Ltd (Prosafe).
Lundin Petroleum AB announces the details of an incident on the Thistle Alpha platform, offshore UK. Below is the Press Statement made by Petrofac Facilities Management, the duty holder of the Thistle Alpha installation. ‘Petrofac, as duty holder of the Thistle Alpha installation on behalf of Lundin
A marine accident inquiry has begun into the deaths of three people whose boat capsized in heavy seas off the North Yorkshire coast. Two brothers and a woman, all from Middlesbrough, died after the boat sank just outside Whitby Harbour on Friday.
For some lucky skippers, heading out to the start of the Rolex Sydney Hobart on Boxing Day can be as convenient as stepping on to their boat berthed at one of the Sydney Harbour marinas and motoring to the starting area. While all have to complete the rigorous entry process and prepare their crew an
A third person has died after a boat capsized in heavy seas off the North Yorkshire coast. Two men and a woman were taken to hospital after they were rescued from the sea when their 24ft cabin cruiser turned over near Whitby Harbour.
Sri Lanka’s navy has fought a battle with boats belonging to the Tamil Tigers in coastal waters off the north west of the island. The navy says 17 rebels were killed. The Tigers have not commented on the incident so far.