General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), laid the keel for the seventh dry cargo-ammunition ship in the U.S. Navy’s T-AKE program and started construction of the eighth ship this week. Both ships will be delivered to the Navy in 2009.
A sea captain has been jailed for a year after crashing his ship into an unmanned gas platform while drunk, causing up to £10m damage. Zbigniew Krakowski, 56, from Poland, was nearly three times over the legal alcohol limit when the Jork hit the Echo platform off Norfolk on 4 August.
Kawasaki Kisen Kaisha, Ltd. announced today that ‘K’ Line will further invest in the business of Offshore Support Vessels, where continuous strong growth is expected in active oil and gas exploration and development that is now moving more and more into deeper waters following the higher energy pric
The U.S. Navy said Thursday that it intended to remove pirates from a hijacked Japanese tanker monitored by American warships off the coast of Somalia. A crew member’s sister said negotiations were under way for the release of the ship. The Navy came to the aid of the chemical tanker this week, at o
The Navy yesterday terminated a General Dynamics contract to build a ship to patrol waters close to shore after the company and the service were unable to strike a deal on costs. The littoral combat ship program has been plagued by hundreds of millions of dollars in cost overruns, prompting intense
The super maxi Skandia, one of four major contenders for line honours in this year’s Rolex Sydney Hobart Yacht Race, will return to offshore racing in this weekend’s race across Bass Strait from Melbourne to Stanley on the north-west tip of Tasmania. Skandia, the Don Jones designed 30m yacht owned b
South Korean officials and businessmen will visit North Korea to check the feasibility of building joint shipbuilding districts, the government said Friday (Nov. 2). The team is expected to visit Nampo and Wonsan from Saturday to Wednesday, the Ministry of Commerce, Industry and Energy said.
The Cruising Yacht Club of Australia is delighted to announce a larger than anticipated fleet of 90 yachts has been nominated for the Rolex Sydney Hobart Yacht Race 2007, Australia’s premier bluewater event.
Mexico’s discovery of a huge cocaine shipment from Colombia grew even larger on Thursday as the government more than doubled the size of the haul to 23 tons, making it one of the world’s biggest drug busts. Police, navy and customs officers found the drugs, the second major seizure in the past month
Lau Lau is the first unit of the new design of the 70 WallyPower motor yacht line. Built at WallyEurope in Fano, the yacht made her successful debut at the Monaco Yacht Show. Lau Lau is a further development of the motor yacht model introduced in 2005 with Lunch Boat and combining the open-air livin
In summer, 2007 a grand celebration took place at Bodrum Marina, TURKEY, as Aegean Yacht unveiled its new vessel GALILEO, the 50 meter classic three-masted schooner. This superyacht has become the 40th yacht launched at the Aegean Yacht boatyard and the biggest of her type in the history of Turkish
Chevron Corporation today reported net income of $3.7 billion ($1.75 per share – diluted) for the third quarter 2007, compared with $5 billion ($2.29 per share – diluted) in the year-ago period. Results for the 2007 quarter included approximately $400 million ($0.19 per share) of net charges associa
The super maxi Skandia, one of four major contenders for line honours in this year’s Rolex Sydney Hobart Yacht Race, will return to offshore racing in this weekend’s race across Bass Strait from Melbourne to Stanley on the north-west tip of Tasmania.
Hartlepool Council faces legal bills of up to £1m following the row over the scrapping of so-called ‘ghost ships’. Able UK says it will be seeking costs incurred during a planning inquiry.
