A search has resumed for a fisherman whose boat was found broken up on rocks on the Aberdeenshire coast. The overturned wreckage of the Nadine II was spotted at Craigmaroinn in Portlethen Bay on Wednesday evening.
Two anglers have died after their boat capsized in the sea near Burry Port off the Carmarthenshire coast. David Gwyn Richards, 60, and Paul Meredith, 36, were both from Swansea. A third man has been released from hospital after he was pulled to safety.
Tsakos Energy Navigation Limited announced today the creation of the internal Marine Environmental Committee (‘MEC’) of TEN’s Board of Directors during its recent meeting on September 24, 2007. The MEC will be in charge of reviewing operational and environmental issues that are important to shipping
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk carriers, container ship and multipurpose vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced today that it has extended the time charter agreement of M/V Kuo Hsiung for a further 14 months a
Genco Shipping & Trading Limited (NYSE: GNK) today announced that the underwriters of the recently announced primary and secondary offering of shares of its common stock have partially exercised their option to purchase additional shares of the Company’s common stock to cover over-allotments, electi
Two foreign shipping lines, Zim of Israel and Geneva-based Mediterranean Shipping Company (MSC), the world’s second-largest container line, are believed to have approached ABG Heavy Industries (ABGHIL) to pick up an equity stake. The Mumbai-based port service provider, which recently offloaded 12% t
Two 20-year-old Sterling megayachts were being refit in South Florida in September. But the similarities end there. On Feb. 1, the 138-foot M/Y Maverick II, the former M/Y Ice Bear, tucked into Derecktor’s in Dania Beach for a quick eight-week safety upgrade. Six months later, she was finishing an A
Subsea 7 Inc (OSE Symbol: SUB), one of the world’s leading subsea engineering and construction companies, announced today that it has been awarded a contract by BP Norge AS for installation works in the Skarv & Idun fields in the Northern North Sea. The contract is valued in excess of US $125 millio
Fisheries ministers from all over the UK will meet in Scotland for the first time this week. Rural Affairs Secretary Richard Lochhead will be in Peterhead with ministerial colleagues from England, Wales and Northern Ireland.
A cargo ship sank in stormy waters in the southwestern Philippines, leaving 14 crew members missing, the coast guard said Tuesday.
Frontline Ltd. has on Tuesday October 2, 2007 sold 34,976,500 shares in Dockwise Ltd., representing 16.55 per cent of the shares and votes of Dockwise. After the sale, Frontline owns no shares in Dockwise.
Going after the government’s planned Rs50,000 crore investment for warships, India’s largest engineering and construction firm Larsen & Toubro Ltd (L&T) plans to build defence warships and para-military vessels at its proposed shipyard at Kattupalli, in Tamil Nadu, to cater to the needs of the India
A multi-million-dollar deal signed in Europe could see Whangarei become a leading international provider of luxury marine interiors and a power-house of specialist marine interior design. Innovative Whangarei company SMI Group has announced an equity deal with ship builder/financier Cathay Atlantic
Durban – Plans to substantially increase container handling capacity at Durban and elsewhere beyond 2014 are still under wraps as Transnet is investigating further. Transnet’s long-term options for expanding container handling include digging out the southern side of the port at Bayhead,