The 1974 classic Benetti megaycht, Lady Candida, was completely destroyed by fire, on Saturday, before sinking off Pianotolli Caldarello, on Corsican coast. The 35 metre yacht had been chartered by a Monégasque family of 12, including 4 young children and there was a crew of five. All took to the li
Tested and created in New Zealand’s harsh marine conditions – the same conditions that churn out world champion sailors year after year – iconic, New Zealand brand, Line 7 has launched its most advanced high performance sailing apparel to date.
On July 27 PRISCO has launched the second Suezmax type ship named “PRISCO Alcor”. Tanker of 166 00 DWT is under construction at Hyundai Heavy Industries Shipyard in South Korea.
At least six elderly Britons have been admitted to hospital in Sweden after showing symptoms of Legionnaires’ disease while on a cruise ship. A spokeswoman for Fred Olsen Cruise Lines said they showed “pneumonia-like symptoms”. They were expected to be in a Stockholm hospital for a few days.
Statoil’s net income in the second quarter of 2007 amounted to NOK 11.0 billion, compared to NOK 9.8 billion in the second quarter of 2006. In the first six months of 2007, net income was NOK 18.8 billion compared to NOK 20.6 billion in the first six months of 2006.
Total today announced that its fully-owned Nigerian subsidiary, Elf Petroleum Nigeria Limited (EPNL), has finalized the acquisition of a 36% interest in deep offshore Oil Prospecting Lease (OPL) 247, operated by Chevron.
Sealift Ltd (to be renamed Dockwise Ltd.) changed significantly since it commenced operations on 21 March 2007, due to the reverse take over by the Dockwise Group of companies[1] in May 2007. In order to present the relevant financial information for Q1 2007, the results of the Dockwise Group of com
Pål Helsing has been appointed Executive Vice President for Aker Kvaerner’s Business Area Field Development, succeeding Simen Lieungh. In this position, Pål Helsing will be a member of the Executive Management Team reporting to Martinus Brandal, President & CEO.
The fisheries minister has been visiting fishermen and fish merchants in Sussex to discuss plans to develop the industry. Jonathan Shaw toured Hastings fish market and met representatives of the town’s Fishermen’s Protection Society.
The annual Bristol Harbour Festival is under way in the city docks. There were fears that the recent floods would prevent many smaller vessels from making the trip to the city festival. Organisers of the 36th event said they were hoping for 250 boats to attend.
Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced that MOL, the Kansai Electric Power Co., Ltd., and Iino Kaiun Kaisha, Ltd. (Iino Lines) have agreed on joint ownership of a newly built LNG carrier (MOSS type, 145,000m3). MOL will hold a 15% share of the new vessel, Kansai
Technip, jointly with the National Petroleum Construction Company (NPCC), has been awarded by Abu Dhabi Marine Operating Company (ADMA-OPCO) an engineering, procurement and construction contract for the Zakum gas processing facilities offshore Abu Dhabi. Technip will have a 35% share of this contrac
Nordcapital Group and Hyundai Heavy Industries (HHI) have signed contracts for the construction of eight container vessels with a capacity of 13,100 teu. The ships, which are the biggest container vessels ever built by HHI, will be delivered between April 2010 and March 2011 and are still available
Smit Internationale announces that the results during the first half of 2007 are in line with those achieved during the second half of 2006.
