On 8 June 2007, A/S Dampskibsselskabet TORM (TORM) announced that TORM and Teekay Corporation (TEEKAY) had completed the acquisition of OMI Corporation (OMI), whereby OMI became a jointly owned subsidiary of TORM and TEEKAY.
The first carbon hull of the Veolia Oceans® one-design for the SolOceans to be series produced has been removed from the mould by the Jean-Marie Vaur team at the JMV Industries in Cherbourg (Lower Normandy) yard, under the supervision of Christian Brit, SailingOne’s production manager.
Japan will finance the scrapping of three Russian nuclear submarines decommissioned from the Pacific Fleet under a joint project with Russia, a senior Japanese diplomat said Friday.
Hercules Offshore, Inc. (Nasdaq: HERO) today reported net income of $23.5 million, or $0.72 per diluted share, on revenues of $99.0 million for second quarter 2007, compared to net income of $22.9 million, or $0.71 per diluted share, on revenues of $76.3 million for second quarter 2006.
A boat piloted by underwater explorer Barry Clifford is towing a 10,000-pound mass believed to contain cannons, gold coins, and other artifacts from the sunken pirate ship Whydah to a pier in Provincetown this afternoon, a find that will yield more secrets and treasure from the nearly 300-year-old w
Accoding to reports in the Indian media, Jawaharlal Nehru Port Trust (JNPT) has shortlisted Van Oord in The Netherlands for a project to deepen the approach channel at the port.
The Sri Lanka Ports Authority (SLPA) is seeking an investor for Colombo’s new container terminal who can increase cargo volumes and improve cash flow, a senior official said.
Cargo handling operations at Port Qasim were carried out efficiently, where a cargo volume of 78,295 tonnes, comprising 62,570 tonnes of import and 15,725 tonnes of export cargo inclusive of containerised cargo carried in 1,928 containers, during 24 hours ended at 0800 hours on Thursday.
The world’s oldest and largest sailing regatta kicks off tomorrow in Cowes on the Isle of Wight and runs until Saturday 11 August. The organising authority, Cowes Combined Clubs (CCC), together with the regatta sponsors, are all set to deliver one of the best ever weeks in the 181-year history of th
State-owned Vietnamese shipbuilder Vinashin plans to rebuild the Cua Viet port in the central Quang Tri province by 2010 at a cost of VND3.2 trillion (US$198 million). Vinashin, short for the Vietnam National Shipbuilding Corp, will turn Cua Viet into a 300-400 ha port complex with a shipyard, ecoto
Amico & Co concluded the long and accurate rebuilt works of Ocean Glory, a motor-yacht built in 1935 with a glorious history. A new and prestigious result achieved by the Italian shipyard based in Genoa.
Prince William’s on-off girlfriend Kate Middleton is to take part in a Dover to Calais Chinese dragon boat race. She will be part of the all-female crew of the Sisterhood, which will race against the Brotherhood, crewed by men.
A Russian researcher was missing after a marine research boat collided with a cargo ship off the Sicilian coast and sank on Friday, the Italian coastguard said.
International Container Terminal Services Inc (ICTSI) formally took over last 1 August the running of its new container and general cargo concession in Guayaquil, Ecuador.
