On October 26th the ‘ Orgullo de Izabal’ has been delivered at Damen Shipyards Galati to Novacom S.A. Orgullo de Izabal means ‘Pride of the Izabal Province’. This Damen Stan Tug 2208 will be working in the Port of Santo Tomas de Castilla in Guatemala.
The management of Wärtsilä will today announce the growth estimate for 2008 and will specify the long term profitability target. Wärtsilä´s net sales are estimated to increase by about 25 percent in 2008. This estimate is based on a very strong order book, out of which approx. EUR 2.8 billion will b
Vessel is the third delivered this year and will operate in US Jones Act market. The third product tanker built by Aker Philadelphia Shipyard was delivered today, marking the first time in the yard’s history that three vessels were delivered in the same year. Following very successful sea trials and
Stealthgas Inc., a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced the deliveries of the M/V ‘Gas Sophie’ and the M/V ‘Gas Haralambos’, the sale of the M/V ‘Gas Oracle’, the M/V ‘Gas Renovatio’ and the M/V ‘Gas Nemesis’, new char
Double Hull Tankers, Inc. (NYSE:DHT) today announced results for the period from July 1 to September 30, 2007. Total revenues for this period were $20.1 million and net income was $6.9 million, or $0.23 per share (diluted). The Board of Directors of DHT has declared a dividend of $0.37 per share, wh
Transocean Inc. (NYSE:RIG) today announced that the ultra-deepwater drillship Discoverer Spirit has been awarded a three-year contract by Anadarko Petroleum Corporation (NYSE: APC) for drilling operations in the U.S. Gulf of Mexico. The three-year contract is expected to commence in December 2010, f
Hawaii Superferry announced Friday it will begin service between the islands of Oahu and Maui on Dec. 1. A state judge Wednesday cleared the way for Hawaii’s new inter-island ferry to operate before an environmental assessment is complete,
Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has been awarded a US$206 million contract by returning customer, Floatel International Ltd (Floatel) for a 500-men accommodation semi submersible (semi) vessel.
Thirty five crewmembers and passengers were saved from the bulk carrier Kastor-1 which sank in stormy waters of the Sea of Japan on Sunday, while rescue operation for one missing person still continues, emergency officials reported.
The country’s largest rescue ship was added to maritime service in this coastal city of South China Sunday. Designed and built in China, Nanhaijiu 101 is ‘the largest, fastest and the most powerful’ rescue ship in the country. It has two engines that can generate 14,000 kW, 6,000 kW more than the ca
Companies agree to offer joint ship and technical management services. Wärtsilä and V.Ships, the world’s leading ship manager, have agreed to cooperate on the provision of a broad spectrum of marine technical services to third parties in the marine market. Drawing on Wärtsilä’s strengths as a suppli
Production has begun from the Stybarrow Oil Project, in which Woodside has a 50% non-operator interest. Production has started from the Eskdale field and subsequent production will be from the Stybarrow field in the coming weeks. Initial production is expected to be minor, with a ramp-up period of s
The economic, environmental, and political consequences of the Hanjin container ship Cosco Busan hitting the San Francisco Bay Bridge continued to mount last week as cleanup crews hit the beaches to sop up as much of the 58,000 gallons of spilled bunker fuel as possible.
A collection of new listings hit the seas last month at CNI. From the European offices these include the 40m sailing yacht Antares – built by Royal Huisman in 2005, she is listed with Neil Cheston of CNI Monaco and Simon Goldsworthy of CNI Antibes; CNI Golfe Juan brings in three new yachts Mac Brew
