A powerboat, fuelled by biodiesel, has anchored in Edinburgh before attempting a new speed record for circumnavigating the globe. The Earthrace powerboat, which is docked behind Ocean Terminal, is open to the public over the weekend.
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) reported record net income for its third quarter ended August 31, 2007 of $1.38 billion, or $1.67 diluted EPS, compared to net income for the third quarter of 2006 of $1.23 billion, or $1.49 diluted EPS. Revenues for the third quarter 2007 increa
Omega Navigation Enterprises, Inc. (NASDAQ: ONAV) (SGX: ONAV50), a provider of global marine transportation services focusing primarily on product tankers, announced today that members of the Company’s senior management will be presenting at the Jefferies fourth Annual Shipping Conference, which wil
The technology group The Linde Group has entered into a long-term supply agreement with the Austrian steel producer voestalpine to deliver industrial gases to its Linz production site. The relevant contract, which involves the construction of an additional on-site air separation plant, was signed ye
Stratos Global Corp. (TSX: SGB), the leading global provider of advanced mobile and fixed-site remote communications solutions, today introduced its new maritime broadband satellite communications solution based on Inmarsat’s FleetBroadband service. FleetBroadband from Stratos, expected to be commer
Cargotec’s MacGREGOR business area providing marine cargo handling and offshore solutions, has received a significant RoRo equipment order from Korean shipyard Hyundai Mipo. The equipment will be delivered between 2009 and 2011 for 10 RoRo vessels ordered by Italian shipowner Grimaldi. The value of
In January 2004, SBM Offshore created a ‘Gas and Power’ division to develop technology for the offshore production of Liquefied Natural Gas (LNG) and the infrastructures to handle the liquid gases from the production sites to the delivery points, with the intention to start marketing the related pro
Eagle Bulk Shipping, Inc. (Nasdaq:EGLE) announced today that on September 18, 2007 it agreed to issue and sell 5,000,000 of its common shares to Jefferies & Company, Inc. The shares will be delivered concurrently with the closing of the offering on or about September 21, 2007. The shares are being o
A giant pink spiny lobster has been found off the Cornish coast. The 59.5cm (23in) long crustacean, nicknamed Poseidon, is five times larger than normal spiny lobsters and needs two people to pick him up safely.
Cross-channel border patrols have been strengthened to prevent illegal immigrants coming to Britain from France, says the Home Office. Officials said more than 1,300 stowaways were prevented from leaving the French port of Cherbourg in July.
The European Commission has banned the fishing of endangered bluefin tuna in the eastern Atlantic and Mediterranean for the rest of the year. The move was taken to curb over-fishing and dwindling stocks of fish, after the EU reached its 2007 quota.
Vietnam must better co-ordinate the planning and construction of an integrated seaport network to handle the country’s rapid trade growth, according to container transportation leader APL. The company was providing an update of the findings outlined in a research paper, entitled: “Vietnam Transporta
Höegh LNG today announced that it has entered into agreements with major contractors and formally started the engineering and design for its first LNG FPSO Unit (Floating Production Storage and Offloading), with the objective to design and construct the worlds’ first LNG FPSO.
COSCO Group and China National Offshore Oil Corporation (CNOOC) signed a strategic agreement in Beijing. Presided by COSCO’s Group Vice President Zhang Liang, the signing ceremony was witnessed by Capt. Wei Jiafu, President & CEO of COSCO Group, Fu Chengyu, President of CNOOC, and Luo Han, Vice Pres
