Chinese emergency teams are rescuing a distressed vessel off the Chinese coast with 27 crew members on board, among them citizens of Russia, India and Philippines.
This is the third successive year the boat has won and a back-to-back victory for Woody Edmiston at the helm. Eleanora won the classics, Morning Glory the large modern class and J One the Wally class and Kookaburra II the 12m class, in which 3500 sailors took part aboard 304 yachts (15 Tofinous).
Transocean Inc. today announced that its report of drilling rig status and contract information covering the company’s offshore drilling fleet has been updated as of October 5, 2007. Drilling rig status and contract information on Transocean Inc.’s offshore drilling fleet has been condensed into a r
The Great Eastern Shipping Company Ltd (G E Shipping) took delivery of its new building Medium Range (MR) Product Tanker ‘Jag Prerana’. The 47,400 dwt double hull MR Product Tanker was built at STX Shipping Co. Ltd, Korea.
Each time a Horizon is delivered to new owners on its own bottom instead of being shipped, the company always sends a factory crew to assist the owners with the delivery. We call this team our ‘Horizon Onboard Service Team.’ This time, their destination was Osaka, Japan–a shake-down cruise of near
The Panama Canal Authority (ACP) has announced that it broke one annual record and set two new single-day records.The waterway surpassed its annual mark of transiting 300 million Panama Canal tons for the first time
It’s a long way from the non-descript building yards of West Auckland and Northland to the big, wide waters of the mega-rich world, but Kiwi-built superyachts are making that journey. Local boatbuilding companies are reporting order books full for years into the future.
Following his meeting with French President Nicolas Sarkozy, Bulgarian Prime Minister Sergeï Stanishev has given the go-ahead for an immediate start to talks on the procurement of four Gowind® corvettes. A French-Bulgarian working group has been set up to finalise the contract before the end of year
The Wally Class winner of the racing season is the boat with the best race results of the 2007 regattas. To be eligible for the Trophy, a Wally has to compete at least in three regattas in the course of the year. The Wally Class 2007 winner is J One that also won in 2006.
Overseas Shipholding Group, Inc., a market leader in providing energy transportation services, announced today it has signed a definitive agreement to charter two 46,000 dwt Jones Act tankers to Petrobras America, Inc. (Petrobras), marking the first U.S. Flag shuttle tankers to transport oil from ul
BW Offshore, the Norwegian oil services company, is encouraged in its plans to bid for the FPSO unit of fellow Norwegian driller Prosafe by the latter’s recent split announcement, a BW Offshore source said. The source said the company viewed the announcement by Prosafe last week that it would split
Total today announced the sale of the 10% interest in Interconnector (UK) Limited owned by its subsidiary Total Midstream Holding UK Ltd to Caisse de Dépôt et Placement du Québec. Interconnector (UK) Limited operates the cross-channel gas pipeline linking the United Kingdom to Belgium.
Who says gambling doesn’t pay? Certainly not James Packer, who is about to take delivery of a sparkling new big boy’s toy in the form of a $50 million Mangusta 165 super cruiser. Around the glamour resorts of the Mediterranean in recent weeks yacht spotters have been drooling over the the first Mang
It will cost you around $912,079 to charter this nautical darling for a week. With five decks, the 280-foot Alysia is one of the world’s largest yachts up for charter.
