THE ICC International Maritime Bureau has issued a special bulletin warning on an attack Tuesday container ship underway in the Shatt Al Arab waterway, Iran. Pirates armed with AK-47 automatic rifles, boarded boarded the ship and took the master,chief engineer, second officer and pilot hostage.
Just two weeks to go before the first container ship will arrive at the Prince Rupert Fairview Intermodal Container Terminal.
Prince William has been visiting one of the world’s most advanced warships at the yard where its construction began. William boarded HMS Daring at the Scotstoun shipyard on the River Clyde in Glasgow.
More jobs may be coming to Jacksonville and that means more money to the economy. Hanjin Shipping, based in Seoul, South Korea, plans to develop a $360 million container terminal on the First Coast. The initial agreement, or the Memorandum of Understanding (MOU), allows Hanjin and JAXPORT to continu
Including the Two New Vessels, Costa Now has Five Ships on order from Fincantieri New Concordia-Class Ships Will Bring Costa’s Fleet to 17 by 2012. Costa Crociere, the leading cruise line in Italy and Europe, has announced an order for two new 114,200-ton ships to be delivered in 2011 and 2012. Cost
Ericsson have turned to the mercurial talents of Torben Grael to skipper their ‘international’ crew in the 2008-09 race. The 47-year-old Brazilian, who led Brasil 1 to third place overall in an eventful 2005-06 campaign, replaces John Kostecki who left the Ericsson two-boat project in August.
Husky Energy Inc. reported net earnings of $769 million or $0.91 per share (diluted) in the third quarter of 2007, an increase of 13% compared with $682 million or $0.80 per share (diluted) in the same quarter of 2006. Cash flow from operations in the third quarter was $1.4 billion or $1.67 per shar
Nederlandse Aardolie Maatschappij (NAM) intends to market a number of its offshore licences, consisting of producing fields in the NOGAT area on the Dutch continental shelf. The producing fields are L2-FA, L2-FB, L5-FA, L12-FC and L15-FA, and the combined oil and gas producing F3-FB field.
Ship Finance International Limited, today announced that it is has agreed to sell the single hull VLCC Front Duchess to an unrelated third party for net sales proceeds of $54.5 million. Delivery to the new owner is expected to take place in January/February 2008, and Ship Finance will receive a net
Frontline Ltd. has agreed with Ship Finance International Limited to terminate the long term charter party between the companies for the single hull VLCC Front Duchess and Ship Finance has simultaneously sold the vessel.
Imtech N.V. (technical services provider in Europe) announces that it has acquired the Irish based Suir Engineering Limited. Imtech is taking over the entire issued share capital from its present shareholders. With 550 employees, Suir generated revenue of 63 million in the financial year ended on 31
Independent Canadian oil and gas production and exploration company TAG Oil Ltd. announced today that the Company has signed a letter of intent with New Zealand based Genesis Energy to sell its 15.1% interest in PEP 38738-D and PMP 38156-D containing the Cardiff deep gas prospect for a combination o
The world’s largest Alternative Maritime Power (AMP) vessel arrived in the Port of Los Angeles in September and dropped anchor in Berth 100, beneath the Vincent Thomas Bridge. Built in Shanghai for the China Shipping Container Line, Xin Ya Zhou (Chinese for New Asia) has the ability to turn off its
Malta has been famed for demonstrable acts of bravery over the centuries and none more so than when she is under siege. Whilst the aggressor today was only the wind, gusting up to 45 knots, there was a definite sense on the bridge of the Royal Malta Yacht Club this morning that the competitors in [&
