Total announces that it has made a new oil discovery in deep water Block 14, within the Lower Congo Basin, offshore Angola. The discovery well, Malange-1, was drilled in 266 metres of water to a total vertical depth of 4,743 metres and encountered around 65 metres of reservoir full of oil. The well
A group of British holidaymakers were injured on a sightseeing ship in the Arctic when ice fell from a glacier. A total of 17 British passengers were injured, two seriously, along with one crew member, off the Svalbard Islands, 500km (310 miles) north of Norway.
ISA launches the fifth ISA120 M/Y Illusion at the end of June and delivers her in mid July. The black and white boat featuring darkened walnut highlighted with Lalique inlays stainless steel trim and beveled mirrors throughout the interior. Hull number five of the highly successful composite based I
On 7th August, 2007 ULJANIK Brodogradilište d.d. delivered the 4,900 Car Carrier known as ‘Istra Ace’ to the company Ray Car Carriers. This is the fourth ship from the series of nine ships that Uljanik will build for Ray Car Carriers and the fourth ship delivered this year out of six planned.
The Government is putting $2 million toward developing a facility to be used for the construction of superyachts in Auckland. Economic Development Minister Trevor Mallard announced the funding for the Hobsonville Marine Precinct today.
On June 20th HMD held a naming ceremony for a 4300 TEU Class Containership, Hull No. 0408, the first of five 4300 TEU Panamax containerships ordered by E.R. Schiffahrt GmbH & CIE. KG of Germany.
Nordic American Tanker Shipping Limited (the “Company”) today announced its results for the 2nd quarter of 2007. The spot tanker market was sound for our double hull suezmax fleet during 2Q07, enabling the Company to declare a dividend of $1.17 per share for the quarter. The Company has now declared
Pleasure boat users have been warned to carry communication equipment after a father and his three sons had to be rescued off the Northumberland coast. Two lifeboat crews from Amble were scrambled on Wednesday when the 10ft speedboat began taking on water.
Coastguards have begun towing one half of the stricken cargo ship MSC Napoli from Devon to Belfast for recycling. The ship, beached off Sidmouth since January, was split in two after a series of explosions last month.
Singapore-listed COSCO Corporation (Singapore) Limited, has announced the interim performance result for the first half of 2007. With a 63% increase, the company’s turnover amounted to S$868.1 million, this helps the company’s net profit rise up to S$122.3 millions, a remarkable 38% growth compared
Holland America Line has won two 2007 WAVE Awards in the categories of “Cruise Line with the Highest Client Satisfaction (Large Ship category)” and “Most Effective Cruise Advertising Campaign.” The WAVE (Western Agents’ Votes of Excellence) Awards are nominated by editors of TravelAge West magazine
Maersk Line, the largest container liner carrier in the world, will migrate to DP World operated Pusan Newport Co (PNC), cementing the South Korean port as one of the key trade gateways for North East Asia.
Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that, on August 8, 2007, it completed its previously announced acquisition of 20 offshore supply vessels (‘OSVs’) and their related business (the ‘Sea Mar Fleet’) from certain affiliates of Nabors Industries Ltd. (NYSE: NBR) (‘Nabors’) for
Cargotec’s MacGREGOR business area providing marine cargo handling solutions has received an order for 88 ship cranes from China. The ship cranes will be delivered during 2009–2011 for vessels that will be built at Yangzijiang shipyard. The value of the order is approximately EUR 27 million.
