Rich Wilson has braved high winds and mountainous seas and sailed boats more than halfway around the world. Now he’s going the whole way, all by himself. Wilson, 57, is planning to enter next year’s Vendée Globe, an around-the-world solo sailing race that starts in France. The 25,000-mile race will
Globus Maritime Limited, a marine transportation company that owns and operates Handymax and Panamax dry bulk ocean-going vessels, today announces that it has entered into an agreement with an unaffiliated third party in order to acquire a 1998- built 72,929 dwt geared Panamax bulkcarrier, for an ag
The world’s biggest privately owned sailing ship, the £100million superyacht Eos, is heading back to Dartmouth. The luxury, three-masted schooner, owned by a mystery North American billionaire who jealously guards his privacy, is due to arrive in the River Dart on Sunday
A chemical tanker controlled by Norwegian shipowning firm Odfjell has run aground off Indonesia. Odfjell reported late Thursday that its chemical tanker Bow Star ran aground after leaving the Indonesian port of Batam.
Statoil and the Brazilian oil company Petrobras have signed a long-term strategic collaboration agreement for exploration and production as well as biofuels. The memorandum of understanding (MoU) was signed in Oslo on 14 September by Helge Lund and José Sergio Gabrielli de Azevedo, chief executives
Daewoo Shipbuilding and Marine Engineering Co. (042660.KS: Quote, Profile, Research), the world’s second-largest shipbuilder, said on Friday it had secured a combined $740 million order to build a drill ship and a crude oil carrier.
Renewal and expansion of its range, development of its global sales network, optimisation of its industrial processes and the supply chain, continuous perfecting of products and quality processes: these are the key points of the strategy that Federico Martini Azimut Yachts CEO presented today during
Chinese shipbuilders won more orders than their Korean rivals for the first time in the first half of the year, but they still lag behind Korea in terms of quality and competitiveness, the Financial Times reported Thursday. The Chinese State Oceanic Administration recently said orders won by Chinese
The Mukesh Ambani-owned Reliance Group is set to make a splash in shipbuilding and dredging with two separate companies. Sources said the petroleum-to-retail giant is expected to invest around $1 billion each in two companies and has begun talks with international majors for a strategic tie-up for t
On the first day of the Cannes International Boat Show, the Azimut-Benetti Group’s traditional press conference was held to present the main data for the year just ended and the development plans for the coming years. In detail, the year closes with a production value in excess of € 800 million, whi
ANIMAL rights activists yesterday claimed responsibility for the sinking of a whaling ship in a Norwegian port last month. Police said they did not know how the Willassen Senior went down in Svolvaer, north Norway, on 31 August, but suggested it might have been due to an open valve in the machine ro
FIVE persons are feared dead following a mishap at the Tin-Can Island Port area when a merchant ship rammed into a small boat crushing it into bits. The vessel is owned by an indigenous shipping company while the owners of the boat and the identity of the victims are yet to be ascertained.
Atlas Copco announced today it has modernized and concentrated manufacturing at its two production sites in India, creating local centers of competence for compressor and construction and mining technology. The Group will also build a new plant for road construction equipment.
Authorities believe a giant blue whale found floating lifeless near Terminal Island may have been dragged into port unknowingly by a cargo ship. The 72-foot behemoth was discovered by the U.S. Coast Guard early Saturday in Long Beach harbor’s West Basin, near the SeaLaunch marine terminal.
