New Bedford, MA, USA – Edson International is pleased to announce that they have secured steering gear contracts this week on two new high-profile megayacht sailboats being built by Vitters Shipyard in Amsterdam. The 52.5m (172’) sloop BOREAS features two custom, traditionally-designed Teak Steering
The Great Eastern Shipping Company Ltd. (G E Shipping) has signed a contract to sell its 1988 built single hull Aframax tanker ‘Jag Labh’. This Japanese built ship of 96,551 dwt was acquired in February 2005. The ship is scheduled for delivery to buyers in Q3 FY 2007-08.
Transnet will need all the help it can get to roll out its strategy to expand South African ports, its chief executive officer Maria Ramos said.
The merger between Statoil and Norsk Hydro ASA’s petroleum business is expected to be implemented on 1 October 2007. In light of this, the following is announced: The completion of the merger is expected to take place before the opening of the markets in Oslo on Monday 1 October. As a result, this w
Omani ferries to set new standard for marine transportation in the Middle East. The first of two Multi-Purpose Auto Express 65 metre high speed ferries built for the Sultanate of Oman was launched at the Austal Image Henderson shipbuilding facility today. With a top speed in excess of 50 knots (93 k
Reference is made to the announcement dated September 24, 2007 regarding a bond of NOK 870 million to be issued by Sevan Marine ASA. The bond was completed on Wednesday September 26, 2007 and was oversubscribed. It was placed with Norwegian and international professional investors. The bond will hav
Keppel Shipyard Ltd (Keppel Shipyard), a wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has been awarded two conversion contracts, worth a total of S$100 million, one by Prosafe Production Pte Ltd, and the other by Shipping Logistics Incorporated for a long term charter to
Atlas Copco’s U.S. subsidiary Mafi-Trench has won a multi-million dollar order for six turboexpander generators from Enel North America, Inc. The generators will help drive environment-friendly geothermal power plants, producing enough energy to power a medium-sized city.
The 2-seater personal submarine was recently debuted by C-Quester at Monte Carlo after the success of their earlier single-seater. Fully electric, the CQ-2 keeps cabin pressure at one atmosphere, meaning you can travel up and down with no decompression issues. A charge will last you 2½ hours underwa
HAMBURG tramp owner and manager Vogemann has ordered a dozen handysize bulkers from Indian shipyard ABG. It is presumably the first order for a German owner in India as the maritime community is looking for available newbuilding slots outside the traditional supply regions.
Wärtsilä’s Ship Power is in the process of reorganising into five Ship Power Business Segments: Merchant, Offshore, Cruise & Ferry, Navy, and Special Vessels. The aim is to respond better to market requirements, in terms of value proposition and technology development, as well as to be prepared for
A fishing trawler has visited Manx waters to test measures put in place to protect herring stocks. The 70ft (21.3m) vessel, from Northern Ireland, has been examining the population of the fish to determine how successful quotas have been.
Post-mortem tests on three men who died in an accident on a gas rig support ship in the North Sea have failed to determine the cause of their deaths. Finlay MacFadyen, Robert O’Brien and Robert Ebertowski were securing an anchor chain when the accident occurred off the East Yorkshire coast on Sunday
General Dynamics Electric Boat has received an $8.4 million contract modification from the U.S. Navy to plan the post-shakedown availability (PSA) on the nuclear submarine USS Hawaii (SSN-776). Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).
