As seen at the Monaco Yacht Show, OCEAN Independence has added ‘MY Sarafsa’, ‘MV Alta’ and ‘MY Marco Polo’ to the OCI CA sales stable. The appearance of 55m Amels ‘MY Sarafsa’ on the market is causing quite a stir, featuring accommodation for 12 guests in 6 cabins and having been meticulously mainta
ShipConstructor Software Inc. (SSI), a world leader in ship design software systems, launched a comprehensive knowledge-base customer-support website to proactively address a wide range of user needs on the 18th of October. Over 6,000 ShipConstructor software licenses are used by more than 300 organ
TG World Energy Corp. announced today details of the 2007/08 exploration plan for the North Central Slope of Alaska developed by the Company and the other Alaska Joint Venture participants, Brooks Range Petroleum (‘BRPC’), Ramshorn Investments, Inc., and Bow Valley Alaska Corp. (collectively the ‘JV
After completing emergency dredging at Barisal port area in last week, immediate dredging at channels connecting major river routes and ports of the country have become obvious. Since last four days water transports carrying thousands of Eid passengers stranded in Char Shibli channel for hours due t
George David’s Rambler (USA) has been confirmed as the overall handicap winner of Rolex Middle Sea Race 2007. George David’s crew, led by Ken Read, has secured an historic treble – overall win, line honours and course record
As three more yachts crossed the finish line of the Rolex Middle Sea Race 2007 to rapturous applause from the crowd gathered at the Royal Yacht Club, the big news is that George David’s Rambler (USA) has added Overall Winner on handicap to the Line Honours trophy and Course Record secured yesterday.
Danaos Corporation (NYSE: DAC) today announced that it has ordered five 12,600 TEU containerships. All five Post Panamax containerships will be built by Hyundai Samho Heavy Industries and are expected to be delivered to Danaos gradually starting from January until August of 2011. Danaos has also arr
A Devon-based warship is heading to patrol the Gulf months after the HMS Cornwall hostage crisis. HMS Campbeltown left Devonport Naval Base to police the same stretch of water which led to a diplomatic crisis between the UK and Iran.
Ferry companies Stena Line and P&O have abandoned plans for a new multi-million pounds shared terminal in south west Scotland to serve Irish Sea routes. Escalating costs have been blamed for the decision to pull the plug on the new joint facilities at Cairnryan.
In Finland, the Union of Salaried Employees (TU) began a strike on Monday 22 October. The first stage of the strike is affecting seven large enterprises in the mechanical engineering and metal products industry in Finland, including Aker Yards. ‘Our 4,000 employees at Aker Yards in Finland may be af
The U.S. dollar has plunged 20 percent against the euro since the beginning of last year to hit an all-time low last week and is down about 4 percent since the beginning of September. It’s taken similar big dips against other currencies, making U.S. goods cheaper to export. Consider Broward Marine’s
No fewer than 300 militants, armed with sub-machine guns, explosives and other sophisticated guns, and moving in about 30 speedboats, Saturday night, invaded the EA oil field, a Shell Petroleum Development Company (SPDC) facility at Amatu, Ekeremor Local Government Area of Bayelsa State, overpowered
The maritime crash that killed two men in waters off the coast of south Brooklyn was caused by a 24-foot pleasure boat colliding with a tugboat’s more than 1,500-foot tow line, a U.S. Coast Guard official said Sunday.
Dubai port operator DP World announced on Sunday that it will sell around 20 percent of its shares in an initial public offering (IPO) starting on November 4. DP World, one of the world’s largest container-port operators, declined to declare the value of the IPO, saying only that an indicative price
