No fewer than 30 new vessels will debut across the globe in the next five years and many of today’s major cruise lines – big and small – are also refurbishing their fleets and expanding via the acquisition route to meet today’s growing demand.
SmartRigging has announced that it will supply PBO rigging to the 204-foot schooner ‘Athos’, currently under construction in Holland. This will be the largest project in the world to fit lightweight stays, a revolutionary solution introduced by SmartRigging in 2005.
Bjørge AS has signed a contract with Samsung Heavy Industry in Korea for the supply of Fire Water parcels to Skarv/Idun FPSO. The contract includes supply of pumps and diesel driven generator set, value approx. 70 million NOK.
An investigation has started into how two fishing boats appear to have collided with each other in Cornwall. It was first thought The Lady Hamilton of Helford had collided with a submerged log in Falmouth Bay.
Sky Petroleum, Inc. (OTCBB:SKPI), an oil and gas exploration company, is pleased to provide an update on the testing program regarding the Mubarek K2-ST4 well located in the Mubarek Field, offshore United Arab Emirates. Crescent Petroleum Company International Limited (‘Crescent’), the operator of t
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk carriers, container ship and multipurpose vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today that it has signed a Memorandum of Agreement to purchase the M/V Trust Jakarta, a Panamax dr
Following an intense racing season, Russell Coutts takes a look back at what has been achieved this year and makes plans for the future. 2007 has produced another great year of sailing. This year I decided to concentrate on the RC 44 and TP 52 circuits with a plan to travel less, however I am [&hell
Total announces the formation of the new company, Adria LNG, to study the construction of a regaseification terminal for liquefied natural gas (LNG) on the Croatian coast. The terminal will be located on the Croatian island of Krk in northern Adriatic, well positioned to access the European gas mark
Bahraini lenders Ahli United Bank (AUB) and Arab Banking Corporation (ABC) have arranged a $480 million debt facility for a port project in Egypt, the two banks said yesterday. The banks will each contribute 50 per cent of the new facility, signed with Damietta International Port Company (Dipco), wh
The next America’s Cup, scheduled to be held in Spain in 2009, may be postponed due to legal wrangling over competition rules, the organisers said. ‘As a consequence of the uncertainty and the delays arising from the Golden Gate Yacht Club law suit in New York, AC Management is concerned that the fe
Maersk Contractors has been awarded a contract by Dubai Petroleum Establishment for Jack-up drilling operations offshore Dubai in the Arabian Gulf. The drilling contract has a duration of three years and will commence when the rig arrives in Dubai at the end of the first quarter in 2008. The mobiliz
surrounding Fort Lauderdale later this month for the 48th staging of the Fort Lauderdale International Boat Show. A staggering US$2 billion worth of boats, engines and associated equipment will go on display across six stunning locations, each one of which could in its own right be termed ‘ a boat s
Wellington boat builder Paul Hakes has a soft spot for Princess Anne after she launched his latest project at the Southampton Boat Show. The first outing for ECOVER 3, an Open 60 racing yacht built by Hakes Marine for English record-holding sailor Mike Golding, was a resounding success from the minu
Aball and chain plaguing Nantucket Harbor is the anchoring of massive yachts in the vicinity of First Point and further east into the upper harbor. When the Nantucket Boat Basin is full, and all of Nantucket Moorings rental moorings are occupied, these super-sized vessels have little recourse but to
